CROSCO COMPANY PROFILE

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4 CROSCO I COMPANY PROFILE 003 ABOUT CROSCO COMPANY DIRECTOR`S MESSAGE CODE OF ETHICS ORGANIZATIONAL STRUCTURE OF INA GROUP ORGANIZATIONAL STRUCTURE OF CROSCO GROUP CROSCO ORGANIZATION VISION MISSION QHSE HUMAN RESOURCES MANAGEMENT TRAINING...020

5 CROSCO I company director s message 004 COMPANY DIRECTOR`S MESSAGE CROSCO Integrated Drilling & Well Services Co., Ltd. is an onshore and offshore drilling and well services contractor. We have established a leading presence in the company s three regions of focus, which span Northern Africa, the Middle East and Mediterranean Europe. CROSCO provides services for some of the world s most recognized operators and we consistently exceed our clients expectations by providing our clients with record drilling and completion times and cost saving. CROSCO is expanding the company s presence in our regions of focus, entering new strategic markets and continually upgrading to provide our clients with the best overall services and equipment available. We have established partnerships and relationships with other leading contractors to ensure access to new technology and we have an extensive upgrading program. Health, safety, environment and quality (HSE&Q) are absolute priorities in CROSCO and we demonstrate this by continually achieving improvements in our results and records. CROSCO has ISO 9001, ISO and OHSAS certification from Bureau Veritas Certification. CROSCO is a member and active participant in various

6 CROSCO I company director s message 005 CROSCO s expertise, coupled with policy of continual class and field training further ensures flexibility, creativity and innovation. organizations including the International Association of Drilling Contractors and the International Well Control Forum. We have implemented a near-miss policy and are active participants in our clients HSE&Q initiatives. CROSCO s results speak for themselves; they are consistently better than industry averages and are recognized by our clients and by various levels of government. CROSCO s greatest overall strength is our people. Over 95% of CROSCO s personnel have either a university degree or a technical diploma. Many have experience with several services and have worked in numerous countries. This expertise, coupled with CROSCO s policy of continual class and field training further ensures flexibility, creativity and innovation. CROSCO has not reduced personnel during periods of low demand to ensure expert service and utmost efficiency at all times. We have been able to maintain our continuously high level of performance without compromising on HSE&Q. As we grow and expand we look forward to having the opportunity to offer you our services and satisfy your expectations. Management Board/Company Director

7 CROSCO I code of ethics 006 CODE OF ETHICS

8 CROSCO I code of ethics 007 CROSCO as a part of INA Group has implemented INA Group Code of Ethics. The Code is based on respect for fundamental human rights and the ethical principles of integrity, honesty, trust, respect, humanity, tolerance and responsibility. The Code obligates all employees and other natural persons who are authorized as Management Board members, executive directors or in any other capacity according to special laws to conduct business individually and independently or jointly and as a group and who are employed and/or work in INA Group companies in which the Code was passed, where it is in effect and is applicable as one of the labour relations bylaws. The Code primarily regulates the types of conduct which occur in the course of conducting business operations and in terms of attitude towards work, colleagues and business partners and the public, but all persons obligated by the Code are expected to act always in compliance with and apply Code regulations and to avoid unacceptable conduct in contravention of the Code. Principles of Code of Ethics INA Group is directed towards achieving goals of long-term sustainable development, value increase and attainment of competitive advantages. lt fosters and encourages mutual trust and respect and professional attitude towards assistants, clients and business partners. Diligent work, professionalism and motivation of employees are recognized as a cornerstone for Improvement of business processes and attainment of goals. Communication between employees on all levels, especially in the manager/ employee relations, is based upon mutual respect and tolerance. A stimulative work environment for innovative and creative work is being created. A special care is taken to protect personal data of employees and candidates for positions. The relationship with employees is based upon trust and respect and therefore any offensive behaviour and harassment, either verbal or physical, is unacceptable. Discrimination or harassment of employees, clients, providers or any business assistants on the basis of their race, religion, nationality, sex, age, physical or mental difficulties, marital status, sexual orientation or any other affiliation shall not be tolerated. A fair attitude towards stakeholders, including clients, providers, INA Group's employees and competitors is expected from each employee, manager and director. Using of persons by manipulation, abuse of confidential data, misinterpretation of material facts or any other unfair activity shall not be allowed.

9 INA GROUP I organizational structure 008 INA GROUP I NA-Industrija nafte, d.d. is a medium-sized European oil company headquartered in Zagreb, Croatia. Established in 1964, today INA Group has a leading role in Croatian oil business and a strong position in the region in the oil and gas business. INA Group numbers 13,460 employees. Apart from Croatia, INA has business operations in Angola and Egypt in the oil and gas exploration and production segment. An extensive development program worth more than USD 1 billion has been implemented in INA s refineries in Rijeka and Sisak. INA manages a regional network of 440+ petrol stations in Croatia and neighbouring countries. INA is committed to doing business in accordance with sustainable development, which means that it strives towards integrating economic, environmental and social factors in its daily operations. Trying to make energy available, INA wants to be a driver of social and economic development, taking care of people and the environment while fostering responsible business operations and local partnerships. SUBSIDIARIES IN CROATIA CROSCO, d.o.o. I STSI, d.o.o. I INA Maziva d.o.o. I HOSTIN d.o.o. I ITR d.o.o. I PRIRODNI PLIN d.o.o. I Top Računovodstvo Servisi d.o.o. I Ina - Osijek Petrol d.d. SUBSIDIARIES ABROAD INTERINA d.o.o. Ljubljana I INA BH d.d. Sarajevo I INA d.o.o. Beograd I INA-CRNA GORA d.o.o. Podgorica I Holdina d.o.o. Sarajevo I Adriagas S.r.l. Milano

10 CROSCO GROUP I organizational structure 009 CROSCO GROUP SUBSIDIARIES 100% ROTARY DRILLING Co. Ltd. 100% CROSCO INTERNATIONAL podjetje za naftne servise d.o.o. Slovenia 100% CROSCO INTERNATIONAL Ltd. Tuzla Bosnia and Herzegovina 100% CROSCO B.V. Netherlands 99% CROSCO S.A. DE C.V. Mexico 100% SEA HORSE SHIPPING INC. 100% NORDIC SHIPPING LIMITED 100% CROSCO INTERNATIONAL LIMITED 60% Corte Cros d.o.o.

11 CROSCO MANAGEMENT BOARD I organization 010

12 CROSCO I organization 011 MANAGEMENT BOARD / COMPANY DIRECTOR STRATEGIC SECTORS Marketing QHSE Human Resources OPERATING BD Onshore Drilling Offshore Drilling Workover & Well Services Maintenance FINANCE BF Investment & Development Planning & Controlling Corporate Centre DEPARTMENTS Legal Security Management BRANCH OFFICES & SUBSIDIARIES

13 CROSCO I vision 012 Key Corporate objective and main responsibility of each employee is to provide integrated and individual onshore and offshore drilling and well services with highly experienced personnel. Another objective of the company, and the responsibility of each employee, is to continually exceed industry standards for Health, Safety, Environment and Quality and to continually improve Efficiency and Profitability. VISION

14 CROSCO I mission 013 MISSION We provide integrated and individual services We promote creativity, flexibility and innovation We satisfy and exceed our client s requirements, demands and expectations We strive to develop long-term relationships and partnerships with clients and other drilling and service companies We continue to grow our international activities and meet the demands of the Croatian market We strive for continual improvements in Health, Safety, Environment and Quality We ensure highly trained, experienced and motivated employees We strive for continual improvements in efficiency and profitability

15 CROSCO I quality management system 014 QHSE QUALITY MANAGEMENT SYSTEM The quality and development of CROSCO's business are based on a certified system of quality management and control, and knowledge and long-time experience in design and performance involved in the exploration and production of oil, natural gas and all types of formation water, testing and completion of wells, geophysical, geomechanical and geotechnical operations and equipment/tools maintenance. CROSCO s Quality Management System is designed in accordance with internationally recognized ISO 9001:2008 standard and fulfils all requirements stipulated therein. Since 2001 the Quality Management System has been certified by Bureau Veritas Quality International (Bureau Veritas Certification since 2008). CROSCO s Scope of supply comprises: drilling and well services, well design, engineering and maintenance of equipment in oil and gas industry. Our main objectives are full implementation of our Quality Policy and continual improvement of the System with aim of maintaining the high quality of our services supplied to clients. Our business objectives are: creating and promoting partnership relations with clients and suppliers, fulfilling all the expectations of its clients and constantly improving its services, continually monitoring global development of technology and learning about areas of activity, educating, training, choosing and motivating workers capable of flawless performance and constantly improving work processes, working in compliance with adopted standards and specifications, and any regulatory requirements, permanently monitoring and improving the quality management system. The strategic commitment and objective of CROSCO is to become a globally recognized oilfield service contractor. Therefore CROSCO is building its position on the market by also keeping regular, direct, fair and close relations with its clients. People in CROSCO endeavor to provide its clients professional services and assistance in order to develop a relationship based on trust and make them fully satisfied in doing business with CROSCO. Fulfilling the needs and requests of clients, and attaining the planned quality of services/products at an optimal cost is the constant routine of our business.

16 CROSCO I environmental protection in CROSCO 015 ENVIRONMENTAL PROTECTION IN CROSCO In order to implement our Environmental Policy, fulfil the commitments established in the Policy and achieve set environmental objectives CROSCO has implemented a high standard Environmental Management System. The implemented EMS is the tool helping us to achieve our ultimate environmental goals/ objectives, which are minimizing the impacts of our operations on the environment and avoiding any damages/losses and/or potential harms to the environment. Our EMS is: Designed and implemented in accordance with requirements stipulated in ISO 14001:2004 standard Harmonized with the requirements of OGP guidelines Fully integrated in Company's Management System Certified and periodically audited by Bureau Veritas Certification In performing our operations worldwide we endeavour to protect local communities, heritage and wildlife, taking into account legal requirements and local community's environmental and other concerns. Our aim is to be recognized by our environmental excellence among drilling and well service contractors and to achieve our environmental goals. Our goals are to perform operations and supply services with: No environmental incidents; No statutory environmental liabilities; and In an environmentally friendly manner. CROSCO is properly equipped and capable to perform onshore and offshore operations under the requirements of Zero-Pollution. According to increase international concern on environment, we also give effort in environmental protection. Proper waste management plan begins with pollution prevention. During the performance of the operations, all generated wastes are properly managed in order to minimise their potential to cause harm to environment.

17 CROSCO I occupational health and safety 016 OCCUPATIONAL HEALTH AND SAFETY As a worldwide drilling and oil service contractor CROSCO believes that it has the responsibility to the people and communities which we live and work. That s why CROSCO maintain Health & Safety (OH&S) as a core value for all employees, and a key element in our business conduct. The objectives of implementation of the Occupational health and safety management system are: Improvement of work conditions in terms of health and safety of employees; Reduction in costs due to accidents; Fulfillment of legal and other requirements; Stimulation and motivation of employees; Strengthening of trust between interested parties. CROSCO s commitment to OH&S starts with the Top Management and goes all the way through the organization. A standing Safety Committee consisting of Top Management members meets two times per year and is responsible for review and oversight of the corporate OH&S Policy and the whole Safety System. The committee also evaluates risk management process, as well as the performance of the whole safety system and develops strategies for continuous improvement in overall OH&S performances. The OH&S system is planned, documented, implemented, maintained and audited on regular basis, incorporates responsibility, accountability and creates values for our customer. To achieve our goal of OH&S excellence, we are committed to integrating OH&S practices into all of our business activities by adhering to the following goals: Creating incident-free workplace at all time, and Improvement of safety culture The OH&S system is certified according to OHSAS 18001:2007 standard, and is under control by Bureau Veritas Certification. The OH&S system is also periodically checked minimum one times per year, and certificates reaffirmed.

18 CROSCO I CROSCO'S statistic 017 CROSCO'S STATISTIC IN LAST 10 YEARS Well services - hours worked and LTI&TRI Frequency YEAR MANHOURS ,40 6, ,77 6, ,16 9, ,47 5, ,74 7, ,18 5, ,16 6, ,00 6, ,79 5, ,80 6, ,25 4,67 0,00 2,00 4,00 6,00 8,00 10,00 12,00 14, TOTAL MANHOURS TRI Freq. Rate LTI Freq. Rate

19 CROSCO I human resources management 018 HUMAN RESOURCES MANAGEMENT

20 CROSCO I human resources management 019 CROSCO employs around 1500 employees. CROSCO's employees have a high level of know-how and experience. Workforce and know-how present key values to our business success. Care for employees and their development is our continuous strategic priority. We continuously invest in the education and training of our employees. ~ 90% of employees have passed in-house courses and training. We develop and promote good team relations and efficient communication among employees. We promote acknowledgements and awards for employee commitment and achievements. 75% 20% 5% EDUCATIONAL STRUCTURE OF EMPLOYEES TECHNICAL DIPLOMA UNIVERSITY DEGREE* GENERAL SCHOOLING

21 CROSCO I training 020 TRAINING

22 CROSCO I training 021 SEMINARS AND SPECIAL COURSES Develop new ideas to support company future manpower needs Internationally recognized certificates: IWCF well control certificate IADC rig pass H 2 S alive PITS IN-HOUSE COURSES Based on the special needs and demands of the client/company concerned EDUCATION CENTER FOR DRILLERS & TOOLPUSHERS Profession: Petroleum technician TRAINING CENTRE Courses in the area of well technology, safety and management are continually developed closely following technological improvements CROSCO's instructors - certified courses specialized for petroleum industry Internal and external trainings On job trainings: expanding the scope of job tasks Development and monitoring of careers at the local and international level

23 > > As we grow and expand we look forward to having the opportunity to offer you our services and satisfy your expectations.

24 CROSCO I COMPANY PROFILE 023 COMPANY SERVICES INTEGRATED DRILLING SOLUTIONS DRILLING WORKOVER WELL SERVICES MAINTENANCE...042

25 CROSCO I company services 024 INTEGRATED DRILLING SOLUTIONS

26 CROSCO I company services 025 CROSCO is an integrated onshore and offshore drilling and well services contractor. The company has a fleet of 38 drilling and workover rigs as well as one semisubmersible and one jackup. CROSCO is 100% owner of Hungarian based Rotary Drilling Company. Rotary s drilling fleet includes 4 rigs and the company also provides workover and other well services. CROSCO provides the following well services: well testing, cementing, stimulation, well logging, coil tubing, nitrogen, fishing, directional drilling, coring, H 2 S and mud. INTEGRATED DRILLING SOLUTIONS DRILLING WORKOVER WELL SERVICES Well Testing Services Cementing & Stimulation Services Re-entry Services Well Logging Slickline Coil Tubing & Nitrogen Tubular & Running Special Services Directional Drilling Service Mud Service Fishing Service H 2 S Service MAINTENANCE Process Machinery Service Preventive Maintenance System Oiltools Service Energetics Service

27 CROSCO I drilling DRILLING Operations are performed using the company's own fleet of 14 National, Emsco, Midco, Ideco, Cardwell and Skytop drilling rigs, as well as one semisubmersible and one jackup. Drilling capacity ranges from 2,300 to 8,000 m (7,546 to 26,247 ft). OFFSHORE Zagreb Labin semisubmersible unit jackup drilling unit Pentagone 91 Max. water depth: 1476 ft Drawworks: G.D. 3000E (3000 HP) Mud pumps: Emsco FB 1600 x 3 pcs BOP CAMERON 18 3/4" 10M Levingston 111-C Independent Cantilever 55 ft. Max. water depth: 350 ft Drawworks: National 1320 UE (2000 HP) Mud pumps: National 12-P-160 x 3 pcs

28 CROSCO I drilling Operations are performed using the company's own fleet of 16 various National, Emsco, ONSHORE Midco, Ideco and Skytop drilling rigs, as well as one semisubmersible and one jackup. Drilling capacity ranges from 2,300 National to 8, m (7,546 to 26,247 ft) HP National HP OFFSHORE Emsco HP Zagreb 1 semisubmersible unit Pentagone 91 I Max. water depth: 1476 Emsco ft I Drawworks: 604 G.D. 3000E (3000 HP) 2000 I Mud HP pumps: Emsco FB 1600 x 3 pcs I BOP CAMERON Emsco /4" 10M 2000 HP Emsco HP Labin jackup drilling unit Levingston 111-C I Independent Cantilever 55 ft. I Max. water depth: 350 ft I Drawworks: National 1320 UE (2000 HP) Midco I Mud 501pumps: National 12-P-160 x pcshp Emsco HP ONSHORE National HP National HP National 801 National 601 I Emsco 602 I Emsco 603 I Emsco 604 I Emsco 605 Emsco 401 I Midco 501 National 402 I National 403 Cardwell 1B Ideco 301 Skytop 3 Ideco HP HP HP HP HP HP Ideco 301 I Skytop HP ROTARY DRILLING Co. - DRILLING RIGS R-67 R-68 Lyb-37 Lyb-42 ROTARY DRILLING RIGS Rig 67 (ZJ 70 DB AC- DC) Rig 68 (ZJ 50 DB AC- DC) Ideco IRI - Ideco Ideco (SBS DIR 5506) Ideco (SBS DIR 806) 2000 HP 2000 HP 1500 HP 1500 HP 900 HP 1200 HP 900 HP 1200 HP 1000 HP 1000 HP

29 CROSCO I workover 028 WORKOVER

30 CROSCO I workover 029 Services are provided using the company's fleet of self-propelled and truck-mounted Skytop, Cardwell, Franks and National workover rigs. Workover servicing capacity ranges from 1,830 to 6,500 m (6,004 to 21,325 ft). All of our workover rigs are selfpropelled carrier back-in type units with self-erecting and extended API portable guyed masts. Skytop 1 Skytop 4* National 1 National 2 National 3 National 4 National 5 Cardwell 8 Cardwell 9 Cardwell 10 Cardwell 11 Cardwell 13 Cooper LTO 350 Cardwell 1 IRI 1 IRI 2 IRI 3 Cardwell 5 Cardwell 7 Hydra Rig HRP-2 Cardwell 3 KRAZ 4 KRAZ 5 KRAZ 6 Cardwell 2 Cardwell t 125 t 100 t 96 t 90 t 65 t 50 t ROTARY DRILLING Co. - WORKOVER RIGS Lyb-38 I Lyb-39 I Lyb-40 I Lyb-43 I KK-10 (SBS DIR-5506) KK-23/24 (SBS DIR-110) 375 HP 303 HP

31 CROSCO I well services 030 WELL SERVICES

32 CROSCO I well services 031 WELL TESTING Well testing services are provided with a full array of wireline/slickline units, separators, indirect heaters, surge tanks and various auxiliary equipment. Well testing equipment is sourced from well-known and reputable manufacturers. Crosco wireline/slickline unit drum capacities are available up to m ( ft) and engine power up to 353 kw. DST services are available with conventional (mechanical) or hydraulic test tools with electronic or mechanical pressure and temperature gauges. Well testing equipment is capable of operating in extreme well conditions with pressures up to 1,100 bar (15,600 psi), temperatures up to 235 C (455 F) and with high contents of CO 2 and H 2 S. Onshore services were introduced in and offshore services in SURFACE WELL TESTING SERVICES Well clean-up Well deliverability Drawdown tests Multi-rate tests Build up tests Injection tests Interference tests Step rate tests Reservoir limit tests Frac flowbacks Assets and Equipment High pressure separators, WP: 1450 psi Middle pressure separators, WP: 500 psi Indirect heaters Surge tanks Pipe line, WP: , and psi, ID: 2 and 3 Choke manifolds Data headers ESD system Injection pumps Transfer pumps Flares DRILL STEM TEST (DST) Testing of layers in Open hole diameters: 6 12 Testing of layers in Cased hole diameters: 4 1/2 13 3/8 Taking of downhole samples Measurements of pressure and temperature, both downhole and surface Assets and Equipment: Conventional Halliburton hydrospring tools (OH/CH) FF Halliburton hydrospring tools (OH/CH) FF LPR-N tools Surface pressure control equipment Sampling equipment

33 CROSCO I well services 032

34 CROSCO I well services 033 CEMENTING&STIMULATION CEMENTING SERVICES More than 40 years of experience and thousands of cement jobs successfully performed worldwide speak in favor of our quality and professional strength. Our skilled employees, up-to-date simulation software and reliable cementing equipment have made us recognizable at the international level. We provide the services, equipment and technical expertise in: Casing and liner cementing Placing of cement plugs Plug and abandonment Kick-off Loss of circulation Remedial cementing Squeeze cementing Top-up cementing Water shut-off Cement job design Simulation software Laboratory testing according to API specification Data acquisition Density Pressure Flow Cement storage and blending services Casing equipment Cementing heads and swedges Running cement retainers/bridge plugs Assets and Equipment: Double Pump Units Single Pump Units Automatic Cement Mixing Unit Batch Mixers 600 m 3 Bulk Cement Tank capacity Air Compressors 4 Cement Blending Plants 10, 20 and 40 m 3 Mixwater Tanks with Agitators and Centrifugal Pumps Data Acquisition System Cementing Simulation Software Central Cementing Laboratory HPHT Thickening Time Testers Atmospheric Pressure Thickening Time Testers Ultrasonic Cement Analyzer Fluid Loss Tester Viscometers Mobile Cementing Laboratory Cementing Heads and Swedges Cement Retainers/Bridge Plugs

35 CROSCO I well services 034

36 CROSCO I well services 035 STIMULATION SERVICES Our determination in tackling any new professional challenges and well stimulation know-how are a guarantee for getting the job done right. Offering a full package of stimulation services to suit your needs, we will deliver the results you need quickly and effectively and maximize the value of your assets. We can assist you in the following: Hydraulic fracturing Sand fracturing Acid fracturing Breakdown jobs Acidizing Matrix acidizing Acid washing Wellbore cleanup Perforation surge cleanup Gravel pack Stimulation job design Simulation software Laboratory testing according to API specification Pumping services Data acquisition Density Pressure Flow Acid storage and mixing services Assets and Equipment: 11 HT 400 pumps, each 500 HHP, total 5500 HHP Blending Units, 75 bbl/min Blending Units, 25 bbl 1500 m 3 Fracturing Fluid Tank capacity 200 m 3 Proppant Tank capacity Stimulation Laboratory: Particle Sizer l Compression Cell for ring mounted samples l Porosimeter l Permeameter l Triaxial Holder High Pressure Filter Cells l UV/VIS Spectrophotometer Stereopycnometer l Digital Tensiometer ph/ion Meter l Electronic Balances Fann 50 C Viscometer l Fann 35 Viscometer Hatch Portable Spectrophotometer High- Speed Blade Mixers l Warring Blenders Centrifuge data Acquisition System Treesaver Ball injectors Auxiliary Assets and Equipment: Filter Units Centrifugal Pumps 10, 20 and 40 m 3 Fluid Tanks 35 m 2 Acid Tanks Gravel Pack Tools and Equipment RTTS Packers Hydra Jet Perforator

37 CROSCO I well services 036

38 CROSCO I well services 037 RE-ENTRY SERVICES WELL LOGGING OPEN HOLE WELL LOGGING resistivity logging Electrolog l Dual induction Focused Log Dual Laterolog l Microlog nuclear logging gamma Ray l Compensated Neutron Log Compensated Density Log l Spectralog acoustic logging Acoustic log auxiliary logging High Resolution Dipmeter l Directional Log l Core gun sampler VSP Avalon Science System logging in water wells Robertson geologging gamma Ray, Microlog, Temperature, Capacity, Caliper, Camera 4 open hole units (3 unit & one Skid) CASED HOLE WELL LOGGING correlation & technical condition logging Gamma Ray/ CCL/ Neutron Sector Bong / CBL Pressure/Temperature Dual Detector Neutron Photon Log Free Point production logging (Pressure, Temp, CCL, GR, FM, FD, Cal) perforation services Stimulation perforation Thru Tubing perforation Casing guns Perforation TCP perforation Back Off

39 CROSCO I well services 038 SLICKLINE SERVICES SLICKLINE SERVICE AND E-LINE SERVICES Bottom Hole Pressure & Temperature Surveys Electronic BHP/BHT Memory Gauge Services Running & Pulling Downhole Plugs & Safety Valves Shifting Sliding Sleeves Locating Tubing Ends, Bottom of Hole & Obstructions Bottom-Hole Sampling and bailing operations Tubing Caliper Surveys Paraffin and Scale Cutting Fishing Operations Gas Lift Operations Mechanical tubing perforation Well investigations Rig and hoist support PRESSURE AND TEMPERATURE GAUGES Static and dynamic gradient surveys Bottom Hole Pressure & Temperature surveys Electronic BHP/BHT and surface P/T Memory Gauge services Assets and Equipment: Slick line units Slick line units with crane Slick line off shore units with cable skid mounted Portable slick line off shore units skid mounted Lightweight slick line units Cable units for SRO measurements BOP and surface pressure control equipment Assets and Equipment: Mechanical gauges Electronic memory gauges (Quartz and Piezo-Resistive) Surface Read Out gauges COILED TUBING SERVICES Well Lifting/Unloading Well Circulation Wellbore Cleanout Acid Wash and Stimulation Cementing Light duty drilling / Milling Velocity Strings Fishing Data acquisition System Equipment: Coiled tubing unit 1 1 BOWEN 30 MB Coiled tubing unit 1 BOWEN 12 MX Colied tubing unit 1 1" BOWEN 15 MZ Coiled tubing unit 1 1 MH 100 downhole Tools: Roll-on Connector; External Slip Connector; Twin Flapper Check Valve; Straight Bar; Multiple Side Flow Port Nozzle; Multiple Flow Port Nozzle; Multiple Back Port Nozzle; Multiple Up Flow Port Nozzle; Heavy duty Hydraulic disconnect; Dual Circulation Valve; Flow Activated Bow Spring Centraliser; Torque Thru Knuckle Joint; dual Action Hydraulic Jar; Accelerator Dual Action - Flow Thro; Rotary Wash Tool; PCERX Type Flo-activated Running Tool; Flow Activated GS Running/Pulling Tool; downhole drilling Motor; Risers; Adapters; Flow tee; Pull Test Plate; Inline filter

40 CROSCO I well services 039 NITROGEN SERVICES Lifting Pipeline purging Displacing fluids and generating foam Reducing hydrostatic pressure in wells to perforate or testing Equipment: Nitrogen unit SKId I; Nitrogen unit SKId II Nitrogen unit HOBBS; Nitrogen unit Kenworth Additional nitrogen storage (4 pcs) gal (7570 dm3) equipped with Fluid Level Gauge Pump unit OILWELL TUBULAR RUNNING SERVICES Tubular running services facilitate safe and efficient running of tubulars (drill pipe, tubing and casing), minimizing wellsite risk and reducing nonproductive time. Equipment: Hydraulic Power Tong (4 pcs) Manufactured in pcs; pcs (Weatherford) Type: Model 5,5-15 C/W: Hydraulic Drive System up to 5 1/2"/ lbs*ft Hydraulic Power Tong Manufactured (Weatherford) Type: Model C/W: Hydraulic Drive System up to 13 3/8"/ lbs*ft Hydraulic Power Unit (2 pcs) Manufactured in 2013 (McCoy) C/W: Deutz F6L914, Air Cooled 6 Cylinder Diesel /w air starter Power: 114 /84 hp/kw; 3000 psi Hydraulic Power Unit (2pcs) Manufactured and (Weatherford) C/W: Deutz LS6914, Air Cooled 4 Cylinder Diesel w/ inertia starter Power: 113 /84 hp/kw; 2500 psi JAM LV-2 Torq Monitoring/Control System (2 pcs) Manufactured (Weatherford)

41 CROSCO I well services 040 SPECIAL SERVICES DIRECTIONAL DRILLING AND CORING SERVICES Well planning and managing survey data with directional drilling software Directional, horizontal and strait hole performance drilling using mud motors Measurement While drilling (directional and gamma) Surveying operations with electronic single and multi shot instruments Oriented and Conventional coring Equipment: Black Max PdM Mud Motors from 4 3/4 Od to 9 5/8 OD GE directional and gamma MWd/LWd System - pozitive puls up to 175 C and PSI Heavy duty and standard core barrels from 4 3/4 Od to 8 OD DMS Multishot / Singleshot instrument with thermal shield up to 125 C Aluminum inner tubes for coring operation Double Pump Units MUD SERVICES On site preparation and mud treatment Laboratory testing Fluid material testing Well completion and workover fluids testing Solids control Equipment: Rig Lab Garrett Gas Train HTHP Filter Press ph meter Model 800 Viscometer Model 900 Viscometer Hettich centrifuge Universal 16A Decanter Alfa Laval NX-414 Decanter derrick de-1000 Decanter drexel Brandt HS 3400 Decanter Brandt HS 3400 VSD

42 CROSCO I well services 041 FISHING SERVICES Wellbore obstructions removal Casing and tubing cutting services Milling operations Equipment: Power Swivels BOWEN S - 2,5 Power Swivels BOWEN S - 3,5 Fishing Tools: External catch: overshots, die collars; Internal catch: full circle and ITCO type releasing spears, taper taps; Wireline grabs (harpuns) and center spears; Type Z hidraulic jars; Fishing bumper subs; Junk catchers: junk baskets, fishing magnets, junk subs; Junk mills, rotay shoes, washover pipes; Casingand tubing cutters; Packer retrievers; Repair & remedial tools (safety joints, immpresion blocks, cassing rollers, casing patches) Torque machine H 2 S SERVICES Emergency procedures and H 2 S contingency planning H 2 S alive training course Equipment: Self contained breathing apparatus, work and escape breathing apparatus, emergency escape breathing apparatus Cascade air system High pressure breathable air compressors Fixed monitoring system and A/V alarm system Personal detectors

43 CROSCO I maintenance 042 MAINTENANCE

44 CROSCO I maintenance 043 Maintenance and preventive maintenance is provided for drilling and workover rigs both onshore and offshore, well services equipment, process machinery equipment, electric and electronic equipment and oil tools. These services were developed for the requirements of CROSCO and other INA companies and are now available to clients outside of CROSCO. Maintenance Service provides: Oil industry equipment reconstruction and upgrade Development of construction and maintenance projects for equipment and facilities Supervision, consulting and project management Preventive maintenance computerized system management Ex-proof equipment maintenance & periodic inspections Service and overhaul of the drilling and workover rigs and all types of drilling/workover/well service equipment and tools NDT inspection (MPI, Ultrasonic)

45 > > People in CROSCO endeavor to provide its clients professional services and assistance in order to make them fully satisfied in doing business with CROSCO.

46 CROSCO I COMPANY PROFILE 045 CROSCO IN DETAILS CROSCO LOCATION INTERNATIONAL ACTIVITIES WITHIN INA-NAFTAPLIN CROSCO INTERNATIONAL ACTIVITIES GENERAL REFERENCES COMPETITIVE ADVANTAGES CROSCO OFFICES WORLDWIDE...056

47 CROSCO I location 046 CROSCO LOCATION Croatia is located in-between Central Europe, North Africa, Middle East, CIS and North Sea

48 CROSCO I location 047

49 CROSCO I international activities 048 INTERNATIONAL Activities

50 CROSCO I international activities within INA Naftaplin 049 COUNTRY PERIOD TYPE OF SERVICE OPERATOR COUNTRY PERIOD TYPE OF SERVICE OPERATOR ALBANIA Drilling, Well Serv., Well Logging INA-NAFTAPLIN, PREMIER AUSTRIA Drilling Services ROTARY, BRAUMANN CROATIA Drilling, Well Services, Geoph. AGIP, CHEVRON, TEXACO Surveys-Offshore CYPRUS Drilling Services - Onshore FOREST OIL CORP. CZE Stimulation Serv., Well Logging KAC EGYPT Geophysical Surveys EGDO - EGYPT ETHIOPIA Geophysical Surveys ETHIOPIAN GOVERNMENT INDIA Drilling Services - Onshore ONGC IRAQ Drilling Services - Onshore INOC ITALY Drill. and Well Serv. - Offshore SIR, BURMACH OIL, ITALY JORDAN Drilling Services - Onshore INA-NAFTAPLIN, JORDAN GOVERN. LIBYA Drilling and Well Services - SIRTE OIL, INA-NAFTAPLIN Offshore & Onshore RUSSIA Consulting/Supervising Well Services WSS, OMV SLOVAKIA Stimulation Services KAC SLOVENIA Drilling, Well Services, Well Logging Services GEOTEHNICNA DELA, NAFTA LENDAVA SYRIA Drilling Services - Onshore SPC TUNISIA Drilling Services - Offshore CONOCO, AGIP, INA-NAFTAPLIN, MARATHON, SITEP TURKEY Drilling Services - Offshore DEUTSCHE TEXACO UKRAINE Drilling Services ITAG VIETNAM Well Logging Services AGIP

51 CROSCO I CROSCO international activities 050 COUNTRY PERIOD TYPE OF SERVICE OPERATOR ALBANIA Seismic Services, Drilling Services - Onshore, Cementing, Well Logging etc. OCCIDENTAL, INA-ALBANIA, OMV 2000 Geoservices OMV, INA d.d Drilling services BANKERS Petroleum AZERBAIJAN Workover Services, Logging Services, SALYAN OIL, KAOC DST, Drilling Services - Onshore B&H Geoservices SODASO HOLDING D.D. / RUDNIK SOLI TUZLA Geoservices OPĆINA ILIDŽA 2005 Geoservices UNIONVEST d.d.,sarajevo 2006 Geoservices ALUMINIJ d.d.,mostar 2008 Geoservices HERING d.d. ŠIROKI BRIJEG 2010 Geoservices OPĆINA BUŽIM CROATIA Integrated Drilling and Well Services INA Geoservices INA, JANAF, VIADUKT, BECHTEL INT., JAN DE NUL, TEHNIKA, KONSTRUKTOR, HRVATSKE CESTE, HIDROELEKTRA, HRVATSKE VODE, OSIJEK-KOTEKS, D'APPOLONIA, LUKA PLOČE, STRABAG, POMGRAD INŽ., SWIETELSKY, ZAKLADANI STAVEB, RADNIK, TEMPO 2004 Drilling Services - Onshore INAgip, EDINA Drilling Services - Offshore INAgip CUBA Drilling Services - Onshore PEBERCO CZECH. REP Fracturing Service KAC-CZECH. REP. EGYPT Drilling Services - Offshore PETROBEL Geoservices INA Workover Services - Onshore KHALDA Drilling Services - Onshore INA, RWE Dea, IEOC, AGIBA, SUCO, EDISON, BAYPETCO, SIPETROL, GUPCO, GSPC, MARINA EQ. GUINEA Drilling Services - Offshore OEGC/DEVON GERMANY 1997 Well Testing Services NORMEC HUNGARY 2001 Drilling Services - Onshore HORIZON, XPRONET Drilling Services - Onshore FALCON/TXM IRAQ - KURDISTAN Drilling Services - Onshore KALEGRAN ITALY 2002 Well Logging BAKER ATLAS Drilling Services - Offshore AGIP/ENI IVORY COAST 2007 Drilling Services - Offshore EDISON International

52 CROSCO I CROSCO international activities 051 COUNTRY PERIOD TYPE OF SERVICE OPERATOR LIBYA Drilling Services - Offshore INA, AGIP OIL, ENI GAS Crew Serv. - Workover/Completion SABRATHA Operat Crew Services - Maintenance MELLITAH GAS (SABRATHA) Drilling Services - Onshore AGIP OIL, WOODSIDE, TOTAL, WINTERSHALL, MELLITAH OIL & GAS, ENI N.A Drilling Services - Offshore TOTAL E&P LIBYE MEXICO Drilling Services - Offshore PEMEX MOROCCO Drilling, casing, Tubing, Running LONE STAR - Onshore & Offshore NAMIBIA 2007 Geoservices INA d.d. NETHERLANDS 2000 Workover Services - Onshore BALANCE POINT CONTROL OMAN Integrated Services - Onshore PDO Drilling Services - Onshore HUNT OIL, JAPEX OMAN Ltd., ANADARKO QATAR Drilling Services - Offshore TOTAL FINA ELF Geoservices AL BAIDA TECHNICAL SERVICES Crew Services NOBLE HARVEY DUHANEY SLOVENIA Well Services NAFTA-GEOTERM, PREMOGOVNIK-VELENJE 2003 Geoservices GZL GeoProjekt, d.d Geoservices GEOT d.o.o., IRGO CONSULTING Drilling Services - Onshore NEMMOCO Drilling Services - Onshore ASCENT SYRIA Seismic Services, Integrated Services Package & Drilling Services - Onshore GEOFIZIKA, INA SYRIA, AL FURAT, HAYAN PETROLEUM CO., DUBLIN, GULFSANDS, TATNEFT, IPR Mediterranean, DIJLA Geoservices INA THAILAND Drilling Services - Onshore DEUTAG/AMERADA HESS/ESSO TUNISIA Drilling Services - Onshore, Offshore (Barge) OFIS, AGIP, MARATHON, PLUSPETROL, EUROGAS, ATHANOR/ CMS/ANADARKO/PREUSSAG/ OMV/ THYNA Petroleum Services TURKEY Well Logging AMITY OIL INTERNATIONAL Drilling Services - Onshore ARAR UAE Geoservices Private Dept. Of HH SHEIKH NAHYAN, Schlumberger Middle East, S.A. UKRAINE Workover Services, Drilling Services - Onshore KASHTAN EURODRIL (JKX)

53 CROSCO I general references 052 GENERAL REFERENCES

54 CROSCO I general references 053 Providing services to the world's most recognized operators and many national oil companies: AGIP OIL FALCON/TXM NEMMOCO ANADARKO AL FURATH NOBLE HARVEY DUHANEY (crew services) ASCENT GEOFIZIKA D.D. ZAGREB NORMEC (well testing services) AMITY OIL INTERNATIONAL GUJARET STATE PETROLEUM CORP. (GSPC) OCCIDENTAL AMERADA HESS GULFSANDS PETROLEUM OEGC/DEVON ATHANOR GULF OF SUEZ PETROLEUM Co. (GUPCO) OMV AGIBA HAYAN PETROLEUM COMPANY PDO BALANCE POINT CONTROL HORIZON PEBERCO BANKERS PETROLEUM HUNT OIL PEMEX BAKER ATLAS IEOC PETROBEL BAYPETCO INA PLUSPETROL CMS INAGIP PREGOMOVNIK-VELENJE DEUTAG IPR MEDITERRANEAN PREUSSAG DIJLA PETROLEUM COMPANY JAPEX OMAN LTD. RWE DEA DUBLIN KAC-CZECH REP. (stimulation services) SALYAN OIL ENI KALEGRAN SIPETROL EDINA KAOC SUCO EDISON KASHTAN TATNEFT EDISON INTERNATIONAL KHALDA THYNA PETROLEUM COMPANY ENI GAS LONE STAR TOTAL E&P LIBYE ENI North Africa B.V. MARATHON TOTAL FINA ELF EUROGAS MELLITAH GAS (Sabratha) (maintenance, crew services) WINTERSHALL LIBYEN OIL AND GAS GMBH EURODRILL (JKX) MELLITAH OIL & GAS WOODSIDE ESSO NAFTA-GEOTERM XPRONET

55 CROSCO I competetive advantages 054 COMPETETIVE ADVANTAGES

56 CROSCO I competetive advantages 055 INTEGRATED AND/OR INDEPENDENT WELL SERVICES CROSCO's proven cultural and environmental adaptability. Experienced and highly educated workforce. Experienced with various international markets & operations. Excellent educational and training system. Integrated and certified HSE and Quality Management System (ISO). Integrated Management Information Systems SAP R/3, Galiot Offshore.

57 CROSCO OFFICES WORLDWIDE HEADQUARTERS CROSCO, Integrated Drilling & Well Services Co., Ltd. Ulica grada Vukovara Zagreb, Croatia Phone: Fax: info@crosco.hr BRANCH OFFICES ALBANIA - Branch Office Bulevardi "Gjergj Fishta", Kulla 4, Ap.65, Tirana, Albania Phone: , Fax: bojan.prokopec@crosco.hr EGYPT - Branch Office El Sharifa Dina 32, Maadi, Cairo, Egypt Phone: Fax: office.egypt@crosco.hr HUNGARY - Branch Office Erzsébat tér Nagykanizsa, Hungary info@crosco.hr LIBYA - Branch Office office.libya@crosco.hr SYRIA - Branch Office info@crosco.hr TUNISIA - Branch Office info@crosco.hr CROSCO`S COMPANIES ROTARY DRILLING Co. Ltd - Hungary Erzsébat tér Nagykanizsa, P.O.BOX: 351 Hungary Phone: Fax: posta@rotarydrilling.hu CROSCO INTERNATIONAL Ltd. - Slovenia Mlinska ulica Lendava, Slovenia mate.simovic@crosco.hr CROSCO International d.o.o. za naftne i geo servise M.M. Dizdana, Stupine Tuzla, Bosnia and Herzegovina mate.simovic@crosco.hr CROSCO B.V. - Netherlands Prins Bernhardplein JB Amsterdam Netherlands info@crosco.hr CROSCO S.A. de C.V. - Mexico Departamento 5 Santa Margarita cd del Carmen Carmen Campeche Guadalupe, Nuevo León 67190, Mexico info@crosco.hr For updated information please refer to