All rights reserved. Copyright © 2015 AGR

AGR bestows a combination of highly skilled professionals and long term expertise within well construction, drilling engineering, well delivery, decommissioning, subsurface engineering, reservoir evaluation, logistics, people and materials movement, field development support and risk mitigation, HSEQ, rig procurement, consultancy manpower, training and software products.

The company operates in all main oil hubs around the world.

The close working relationships we enjoy across the various business areas allows our clients to gain additional value to their projects. Our teams co-ordinate the entire upstream field lifecycle, provide a modular or fully-integrated solution in response to our clients’ needs and assist with verification and peer reviews.

At the heart of AGR’s ISO 9001 accredited processes and tools is an unrelenting commitment to thorough planning and a focus on performance.

AGR clients benefit from our flexible approach and from the fact that AGR is not affiliated to any other company or hardware vendor. This means decisions are based on HSE&Q, technical merit and cost efficiencies. AGR’s complementary solutions’ package, expertise and business model mean our clients are able to obtain the safest yet most cost-effective solutions for the planning and execution of exploration, appraisal and production well construction and the management of fields in production or decommissioning mature assets.

Regards,

AGR provides the oil and gas industry with pioneering, value-adding solutions and services covering the entire upstream field lifecycle.

Challenging the limits

Svein SollundCEO AGR

YEARS 5

IN

1000RESERVOIR STUDIES

”highly skilled professionals and long term expertise within well construction, subsurface and reservoir evaluation engineering”

AGR. Pioneering Achievements™Whether it is operating 13 rigs worldwide simultaneously or setting a world record by drilling the deepest high temperature high pressure well in the Gulf of Mexico, AGR has always been at the forefront of providing the best solutions for our clients worldwide.

As a result of strategically acquiring businesses that are leaders in their field, the story of AGR began with PEAK Group (UK), FJ Brown & Associates (USA), DPT, RES, Triangle Technology (Norway), Upstream Petroleum (Australia) and TRACS International UK forming today’s AGR.

With an impressive track-record of firsts in our sector that sets us apart from our competitors, AGR’s clients can feel assured that their projects are delivered safely and, often, with groundbreaking results.

Facts:

• More than 500 well projects spanning 6 continents

• Operating 13 rigs simultaneously worldwide

• Managing Total Well Management on 8 projects in parallel

• Drilling more than 13 offshore wells deeper than 18,000 feet (5,500 m) below the sea bed

• Setting a world record of drilling 34,000 feet (10.363 m) Blackbeard East, West and Lafitte wells in the Gulf of Mexico

• Completing more than 80 remote well projects

• Initiated Multi-Client Multi-Well campaigns

• Delivering 1,000 reservoir studies in only five years

• Reservoir Management team members have an average level of more than 20 years industry experience

• Holding more than 150 technical and commercial training courses in more than 45 countries for over 2,000 participants per annum

• The team has authors of best-selling energy publications

• Placed 3,000 consultants in over 40 locations through our Consultancy division

• In-house developed software solutions for more efficient risk and cost management, materials monitoring and integrated experience transfer

Reservoir

Well • Logistics • Rig Access

Software

HSEQ

Facilities

Consultancy

Training

Evaluation,M&A

Qualification,Asset Audits

Exploration& Appraisal

Production,Operations & Maintenance

FieldDevelopment

Re-entry,Mature Fields

P&A,Decomm

From exploration through well delivery and production to decommissioning.

AGR’s Capabilities

If it’s out there, we’ll help you find it, nurture it and look after it.

Reservoir Management

AGR’s Reservoir Management provides independent subsurface and reservoir engineering advice to our clients, which include oil companies, independent E&Ps, licence operators, government authorities and investment groups.

Our team comprises highly skilled professionals covering the disciplines of geophysics, geology, petrophysics, reservoir engineering, production technology, completions engineering and petroleum economics. The average experience level of team members is 20 years – this represents a major strength in AGR quality of delivery.

Over the past 5 years, we have completed more than 1,000 reservoir studies. These have a global coverage in all major basins and reservoir types, including challenging environments such as HPHT gas condensate, heavy oil reservoirs and complex fractured reservoirs.

500 WITH

RMR™ CTS™

Deeper experience. Deeper knowledge.

OUR SERVICES COVER:

• Exploration (including Multi Client Studies)

• Field Development Studies

• Well Operations Support

• Geomechanics

• Completion Design / Production Technology

• IOR/EOR/CCS

• Reserves Audit and Evaluation

• Acquisition and Divestments / CPRs / IERs

• Business Consultancy

• Unconventionals

The Reservoir Management team’s core strength is its ability to combine sub-subfarce knowledge with advanced well technology and risk management experience, which brings greater breadth and depth to the client’s projects.

AGR’s experience and talent guarantees our clients the right people for each project:

• An AGR Project Manager is assigned to lead the study and act as single point of accountability

• Integrated project management teams within our offices in Oslo, Stavanger, Aberdeen, Guildford, Perth and Dubai

• Client-proprietary software

• Custom developed workflows

• Efficient and cost effective reservoir modelling methods

Identify opportunities with confidence.

AGR’s Reservoir Managementproject areas around the globe

AGR’s TRACS Evaluations

AGR performs reserves audits on behalf of national and international oil companies, government organisations and banks. These are used to support listings on stock exchanges, to raise private equity funds, to support acquisition and disposition and to review operator performance.

TRACS International was founded in 1992 in Aberdeen (UK) to provide training and consultancy services to the upstream oil and gas industry. In 2001 additional office in Guildford (Southeast England) was opened to support companies seeking to raise public and private finance on the London market. In July 2008, TRACS International joined AGR. Today, the global TRACS Evaluations team delivers technical and consultancy services from our UK and Norway offices.

AGR’s TRACS Evaluations team specialises in: • Acquisitions and Divestments• Competent Person’s Reports• Independent Engineer Reports• Reserves Audits

With teams of commercial and technical specialists we can focus on strengthening and expanding our service provision to our existing client base and to new entrants into the sector.

Expert Advisory Services.

Wells & HSEQ

AGR has the world’s largest independent well management group. The Well Management team comprises highly-qualified and experienced personnel across the globe, delivering services that enable clients to achieve increased HSE&Q, operational performance and cost savings.

AGR is flexible and can take on any piece of work from ad-hoc engineering studies to acting as a client’s fully outsourced drilling department.

With its vast experience of working in some of the most challenging environments

across the globe, AGR has worked with all types of oil companies from the smallest independent oil company to

the largest National Oil Companies (NOCs).

AGR’s expertise includes onshore and offshore, deepwater, HPHT, extended

reach, horizontal wells, exploration, production and appraisal wells, wildcat, underbalanced drilling, remote locations.

AGR’s Well Management division is the seventh largest driller in the world.

Since 2000, we have delivered over 500 well projects in 25 countries for over

115 clients.

Deep water. Harsh environments. Now you’re talking our language.

AGR’s clients benefit from lower drillingcosts and the security of knowing that theirwell is being delivered safely. Delivering anefficient supply chain from rig procurementthrough to drilling services, HSEQ & permitting and logistics ensures AGR provide a high performance operation.

Our comprehensive supply chain has been recognised by Oil and Gas UK for Supply Chain Code of Practice excellence.

AGR’s Well Management project teams are chosen on the basis of technical skills, geographical experience and personality to ensure that the right team is in place to achieve project objectives.

OUR SERVICES COVER:

• Well construction and operations management

• Drilling engineering• Well verification and integrity• Well abandonment and decommissioning• Integrated Logistics Solutions and

remote operations• Rig procurement• HSEQ management and Operational HSE• Blow out insurance• Software for probabilistic risk and cost

management

80+

200+40+

50+

Wells in the northern-most area of the Barents Sea

5,000 personnel mobilised

25,000 tonnes of equipment shipped from Aberdeen, UK

over 1 mio manhours

Gold Award for Excellence in Supply Chain Code of Practice

Managed multi-client multi-well campaigns

100+

Drilled wells in waters deeper than 6,000ft

Managed drilling of 34,000ft HPHT wells

22

Abandonment campaign of 7 subsea wells

500 well projects delivered!

AGR believes planning is the key to successful HSEQ and operational performance.

Our HSEQ advisors and senior advisors have extensive experience from the oil and gas industry gained through projects and co-operation with both large and small operators, new entrants and regulatory authorities. Our clients have access to services covering all phases of the value chain and include experience and knowledge about best HSEQ practice in the industry, as well as own developed tools and working methods within key areas of the operations.

HSEQ SERVICES CAPABILITIES:

• Well Management

• Field Development

• HSEQ - Studies and coaching

• Environmental studies and coaching

• Corporate Responsibility - studies and coaching

• Management for hire

AGR Steinsvik, part of AGR group of companies, supplies operational HSE solutions by providing safety professionals, including safety coaches and internal control officers (ICO) to drilling rigs.

The firm also provides HSE training for oil companies and performs safety inspections on rigs.

AGR is ready to handle hazards, crises and accidents quickly, minimising the risk of further harm.

HSEQ advisors with extensive experience in the oil and gas industry.

Facilities Solutions

Facilities Solutions provides Integrated Field Development management with a multi-discipline approach, driven by our experienced and dedicated team.

Our clients benefit from AGR’s strong relationships with the industry’s design, engineering, fabrications, and installation and decommissioning companies.

OUR AIM IS TO:

• achieve optimum field development solutions for our clients

• assist companies in the efficient and safe commercialisation of hydrocarbon resources, using leading edge technologies and world-class processes

• focus at an early stage on interaction between reservoir modelling, drilling and production strategy

• promote highly skilled and experienced teams which integrate our subsurface, well construction, drilling operations, production system, risk and economics competences

• provide an economic and commercial view of the investment opportunity

• be fast and flexible.

Brynhild field, North Sea, Photo: Lundin

Planning and execution is driven by an experienced and dedicated team.

Optimising value. Minimising risks.

“Our services are modular, enabling our clients to select only what they need, when and where they need it.”

AGR Consultancy

AGR Consultancy is a preferred global provider of recruitment and consultancy solutions to the upstream oil and gas industry, with offices in Aberdeen, Stavanger, Perth, Dubai and Houston.

AGR Consultancy stands out from traditional staffing companies by utilising a hands-on, rigorous screening process. Using our bespoke database – which is continually updated and provides a global platform enabling the detailed and comprehensive search and interrogation of candidate skills and attributes – AGR can facilitate the rapid and expert matching of candidates with client requirements.

AGR Consultancy has placed over 3,000 consultants globally. We currently provide manpower to more than 45 clients in over 40 locations worldwide.

“We wouldn’t place someone in your company that we wouldn’t have in ours.”

Connecting clients and consultants worldwide.

Operations

Completions Supervisors

Completions Engineers

Drilling Managers

Drilling Superintendents

Drilling Supervisors

Drilling Fluids Specialists

Drilling Engineers

Operations Managers

Operations Geologists

Project Managers

Petroleum Engineers

Production Engineers

Subsea Engineers

Subsea Supervisors

Workover Supervisors

Workover Engineers

Well Services Supervisors

Well Services Engineers

Well Test Supervisors

Well Test Engineers

Well Site Geologists

Operational Support

Contracts Managers

Contracts Advisors

Contracts Administrators

Drilling Materials Coordinators (DMC)

Drilling Materials Superintendents

HSE Advisors

HSE Managers

QA/QC Specialists

QA/QC Managers

Operations Accountants

Technical Assistants

Subsurface

Geoscientists

Geologists

Geophysicists

Reservoir Engineers

High pressure high temperature

Decommissioning

Abandonment

Challenging environments

Extended reach

Deepwater

Remote locations

A global database of over 9,000

consultants

S. America N. America Europe Africa Asia Australia/Oceania

AGR’s TRACS Training

AGR’s TRACS Training provides technical and commercial courses to the oil and gas industry. Our Training division is unique in providing customised courses tailored to each client’s specific needs. The tailored training courses have been run in 45 countries with more than 25,000 participants.

Unlike many other training providers, most of the course material is developed and owned by us. Most trainers have worked for international exploration and production majors, are practising engineers and geoscientists and on average have more than 15 years’ experience.

To ensure our material stays up-to-date, our tutors are also practising E&P consultants in their own right, and the tutor group includes technical authors and industry recognised Distinguished Lecturers.

THE TRACS TRAINING APPROACH:

• Constantly evolving course content to meet the needs of a changing industry

• Course materials are custom-developed

• The right training provided by the right tutors

• The structure of the programme is adapted to fit the client’s needs

• The courses combine classroom-based learning with practical application.

Training course locations

Training on six continents.

Software Solutions

P1™ See the unforeseen.

From planning onwards, P1™ can be utilised to monitor and improve well construction performance and to evaluate options in the event of a challenge. The software accounts for the fact that risks in well design are not intuitive, and that sometimes the lowest cost option may carry the greatest business risk.

P1™ adds value and knowledge throughout the project management process, from project selection, conceptual design right through to programme execution.

CT™ CT™ lets you do more than excel.

CT™ is a real-time Cost Tracker that incorporates the estimated costs for the individual phases and cost items that comprise a project enabling managers to more accurately track the financial status of their projects.

This impressive Cost Tracker can also re-forecast based on tracked data upon completion of each phase, ensuring no nasty surprises at the end of a project.

CT™ provides the following benefits:

• Provides a secure, centralised repository of all project costs

• Timely identification of potential cost overruns, omissions or inaccuracies

• Reduces unnecessary administrative efforts

• Improves reporting, allowing for more timely and meaningful analysis of data.

M2™ Materials Management made easy.

M2™ is a Materials Management software programme designed by AGR engineers that continually tracks the movement of equipment from the moment of selection, through the supply chain to its eventual return.

Unlike most systems in the marketplace, M2™ was developed by the user for the user:

• Full audit trail

• Continuous tracking through the supply chain

• Multi currency capability

• Simple installation process for this low footprint application

• Can support up to 500 concurrent users.

iQx™ iQx™ Intelligent Well Data Management.

2014 ONS Innovation Award and 2014 World Oil Award nominee, iQx™ software, was developed by two AGR drilling engineers. The purpose of the solution is to help simplify exploration, planning and execution of wells utilising relevant data from historical wells.

Currently the iQx™ software application incorporates well data and experience on approx 6,000 wells drilled on the Norwegian Continental Shelf to increase efficiency of data interpretation by drilling and reservoir engineers, improve skills transfer and minimise time spent on planning.

iQx™:

• Can save weeks of planning work

• Will ensure that all relevant data and experiences are captured for future interpretation

• Easy access to formation and pressure logs

• Enables increased performance in exploration and production.

At AGR, we are highly experienced in developing software for use within the oil and gas industry. Each of our systems is applied in-house at AGR which means they are tried, tested and trusted, providing real results for our clients. AGR’s software tools are continuously developed on the feedback from its end-users.

YEARS 5

IN

1000RESERVOIR STUDIES

NORWAYKarenslyst allé 4, P.O Box 444, Skøyen, 0213 Oslo.Phone: +47 2406 1000Fax: +47 2406 10 99

Strandsvingen 12, 4032 Stavanger.Phone: +47 2406 10 00AGR Consultancy phone:+47 24 06 11 73

Stiklestadveien 1, 7041 TrondheimPhone: +47 2406 10 00

UK3rd Floor, Union Plaza, 1 Union Wynd, Aberdeen, AB10 1SL.Phone: +44 1224 629000

Triggs Turner House, 128 High Street, Guildford, Surrey, GU1 3HHPhone: +44 1483 397100

AUSTRALIALevel 2, 16 Milligan Street, 6000 Perth.Phone: +61 8 9360 4000

USA16420 Park Ten Place, Ste 200, 77084 Houston, Texas.Phone: +1 281 616 0300

COLOMBIABogotá Chicó, Carrera 18, No.86A-14, Bogotá.Phone: + 57 1 638 6091

UNITED ARAB EMIRATESSuite No 802, Saba Tower 1, Jumeirah Lakes Towers, P.O. Box 346097, Dubai.Phone: +971 4 450 9811

207 Golden Falcon Tower, PO Box 111048, Hamdan Street, Abu DhabiPhone: +971 2 635 3522

CONTACT AGR AT THE FOLLOWING OFFICES