This document summarizes exploration activities and prospects within a Cambodian oil and gas concession. It notes that the concession was awarded in 2013 and covers nearly 12,000 square kilometers with favorable terms. Past explorers including Enterprise Oil and Salamander Energy acquired over 2,600 km of 2D seismic data and drilled two wells within the block. The data indicates multiple prospects containing over 200 million barrels of oil and 1.4 trillion cubic feet of gas. Infrastructure is also favorable with roads and nearby ports. Nearby Thailand also has producing gas fields demonstrating an active petroleum system exists in the region.

2.  Concession (100% CamCan owned)
 Awarded Oct 7, 2013 – 7 year exploration term
 11,974 sq km (~3 million acres)
 Very favourable Terms & Conditions
 Multiple Prospects ~ 200 mm bbl. oil & 1.4 tcf gas (Hunt Oil)
 Proven active petroleum system in Laos basin
• Surface oil seeps & bitumen evidence to east & north-east
• Bang Nouan 1 Discovery well
 History
• 1989-1998 Enterprise Oil (2,300 km 2D seismic)
• 1990-1997 Laos Hunt Oil Company (1 well)
• 2007-2010 Salamander Energy (350 km 2D + Discovery well)
• ~1990 presence of many International Oil companies in
neighboring Thailand
 Historical Data
• ~ 2,600 km 2D seismic acquired
• 2 Wells ~2,540m (8,334ft) & 3,390m (11,125ft )
2
 Infrastructure – Good roads over block & into Vietnam, Thailand & Cambodia (Vietnam ports~250km to east)
 Thailand – Nearby production
 ~90 million cuft/day SinPhuHorm gas field – 1983 Esso discovery. Hess operated. Located ~ 200 km west
 ~50 million cuft/day SinPhuHorm East - Well tested Sept 2013 by Salamander & partners)
CamCan
Concession
SinPhuHorm
Gas Fields

3. Slide 3

5. 5

6. Past Concession Holders
 Enterprise Oil ~1989-1998
 Salamander Energy ~2007-11
Enterprise Oil, 2D Seismic
 Acquired ~2,300 km (1992)
 Vibroseis
 Example of 4 lines
• E91LA11-02
• E91LA11-02N
• E91LA11-09
• E92LA11-33
Salamander Energy, 2D Seismic
 Acquired ~350 km (2008)
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7. Enterprise 2D Seismic
~2,300km circa 1992-1993
Salamander 2D Seismic
~350km circa 2008

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 Basin straddles
Mekong Laos-Thailand
border
 Basin located at
western edge of
concession
 Formation dip rises to
north-east in same
direction as tectonic
forces, surface
outcropping and hills/
mountains forming
Laos-Vietnam border
 Oil seeps & bitumen
stained rocks
outcropping up-dip
and to east of
concession

10. Slide 10

11.  Enterprise Oil Line E92LA11-09
 Enterprise Oil Line E92LA11-33

12.  Enterprise Oil Line E92LA11-02
12
 Enterprise Oil Line E92LA11-02N
Structure Tested by Bang Nouan Well

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Bang Nouan Structure also present on Line E92LA11-02

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 Bang Nouan Well Objectives
 Evaluate Primary target
- Pha Nok Khao Carbonate
 Evaluate Secondary target
- Khorat & Kuchinerai group
sandstones
 Secondary target to be drilled first
hence logged and cased for further
evaluation
 Primary target expected to be
fractured and hence potential for
mud losses and over-pressure due
to higher permeability

18. 18
Blue shading shows increased mud
gas from drilled sand, mudstone,
siltstone, shale inter-beds (1,000 to
2,900 m)

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29. Example of stratigraphic type prospect evident on the concession

30. Producing example of stratigraphic type prospect