

December 3, 2013
Highlights
September 30, 2013
Highlights:
· H1 production of 445,949 barrels of oil for the period – average of 2,464 bopd
· Encouraging further progress on financing
· Current group production 2,500 bopd
September 11, 2013
Highlights
June 28, 2013
March 21, 2013
Highlights:
February 8, 2013
· Arbuzovskoye well 112 successfully completed
· No water production associated with the well
· Initial oil flow rate of 140 bopd, well presently shut-in for pressure build up testing
· Well 105 currently drilling ahead
· Production from two Arbuzovskoye wells temporarily reduced by c300 bopd due to mechanical issues; expected to be fixable by workover or pressure maintenance
· Total production running at 2,600 bopd; excludes 400+ bopd potential from well 112 and the two mechanically reduced Arbuzovskoye wells