GIVOT OLAM OIL - גבעות עולם חיפושי נפט LIMITED PARTNERSHIP (1993) שותפות מוגבלת EXPLORATION-

(1993) General Partner: :שותף כללי

GIVOT OLAM OIL LTD. גבעות עולם נפט בע"מ

- 0 7 3 : ס ק פ 3 9 4 6 0 4 0 - 0 7 3 : ן ו פ ל ט | ם י ל ש ו ר י , 4 5 4 2 2 . ד . ת , 1 1 ם ו ט ר ה . ש . א 3 9 4 6 0 4 1

Hartom 11, p.o. box 45422, Jerusalem | Telephone: 3946040-073 FAX: 3946041-073

16 בספטמבר 2020

לכבוד לכבוד

הבורסה לניירות ערך בת"א בע"מ רשות ניירות ערך

רח' אחוזת בית 2 רח' כנפי נשרים 22

תל-אביב ירושלים

באמצעות מערכת המגנ"א באמצעות מערכת המגנ"א

הנדון : מינוי וועדת תפעול

ניתנת בזה הודעה כי בהתאם להוראות הסכם השותפות המוגבלת בעניין מינוי וועדת תפעול1,

השותפות התקשרה בהסכמים עם חברת הליבורטון (Halliburton) שלמיטב ידיעת השותפות

הינה אחת מספקי המוצרים והשירותים הגדולים בעולם לתעשיית האנרגיה אשר פועלת בלמעלה

מ- 80 מדינות2, ועם חברת WEP (Well Engineering Partners BV) אשר הכינו את תוכניות

הקידוחים העוקפים למגד 6, למינוי שני נציגים מכל אחת מהחברות בוועדת התפעול.

הרכב וועדת התפעול עליו החליט הדירקטוריון פה אחד הינו כדלקמן-

שני נציגים מחברת הליברטון-

מר Pete McEldowney , מהנדס קידוח

מר Steven Knabe , מהנדס נפט

-WEP שני נציגים חברת

WEPמהנדס קידוח, מנהל בכיר ב ,Peter Hoving מר

מר Dwight Smith, מהנדס קידוח אשר יכהן כמנהל קידוח מגד 6 באתר הקידוח

1 בהסכם השותפות נקבע לגבי וועדת התפעול כי-"ועדת תפעול" - ועדת התפעול אשר תמונה על ידי השותף הכללי (זהות חבריה תאושר בדירקטוריון בהחלטה פה אחד), תאויש על-ידי 3 אנשי מקצוע לפחות בעלי מומחיות בתחום הפעילות של השותפות וכן ע"י שני דירקטורים (אחד מהם דח"ץ). המפקח יזומן לישיבות הוועדה כמשקיף. בנוסף, למפקח תהיה הזכות להורות על מינוי משקיף נוסף בוועדה אשר יהיה מטעם ציבור בעלי יחידות ההשתתפות (יידרש להיות בעל ניסיון מוכח בהיבטי לוגיסטיקה ותפעול בפרויקטים בהיקפים גדולים). במקרה שכזה, זהות המשקיף תהא בהמלצת הדירקטורים החיצונים ותאושר על ידי המפקח. תפקיד וועדת התפעול יהיה, בין היתר, לפקח על עבודת מנהל הקידוח וכן לתת למנהל הקידוח מענה וייעוץ שוטף בנושאים מקצועיים. וועדת התפעול תסייע ותבדוק את תכניות הקידוח ואת תקציב הקידוח. כמו כן תעניק הוועדה ייעוץ שוטף להנהלת השותפות ולדירקטוריון בנוגע לפיתוח השדה, האופרציה השוטפת ותכין תקציב מפורט לפעילות באתר הקידוחים. כמו כן, תשמש כגורם מפקח עבור הדירקטוריון והנהלת

השותפות על ביצוע פעולות האופרציה, כאמור. 2 לפרטים נוספים ראו באתר הליברטון בקישור-

https://www.halliburton.com/en-US/about-us/default.html?node-id=hgbr8q6o&SRC=Footer

GIVOT OLAM OIL - גבעות עולם חיפושי נפט LIMITED PARTNERSHIP (1993) שותפות מוגבלת EXPLORATION-

(1993) General Partner: :שותף כללי

GIVOT OLAM OIL LTD. גבעות עולם נפט בע"מ

- 0 7 3 : ס ק פ 3 9 4 6 0 4 0 - 0 7 3 : ן ו פ ל ט | ם י ל ש ו ר י , 4 5 4 2 2 . ד . ת , 1 1 ם ו ט ר ה . ש . א 3 9 4 6 0 4 1

Hartom 11, p.o. box 45422, Jerusalem | Telephone: 3946040-073 FAX: 3946041-073

מר Wouter Botermans, מהנדס מאגרים המועסק ישירות על ידי השותפות והכין את תוכנית

הפיתוח של השדה וליווה את מבחני ההפקה הקודמים שנעשו בבאר מגד 6.

הדירקטור החיצוני מוטי זילבר והדירקטור והמנכ"ל אמיר בן דוד.

כמו כן המפקח הודיע כי הוא מקבל את המלצת הדחצים והחליט למנות את מר קובי מרוז

כמשקיף מטעם בעלי היחידות בוועדת התפעול.

קורות החיים של המומחים שיכהנו כאמור בוועדת התפעול מצורפים כנספח לדו"ח זה.

השותפות מבקשת לבהבהיר כי WEP ינהלו בפועל את הפרויקט כאשר Dwight Smith יהיה

מנהל הפרויקט ומהנדס הקידוח שיהיה בארץ. כמו כן WEP תספק לשותפות אנשי מקצוע נוספים

שיגיעו ארצה לצורך ביצוע הקידוחים העוקפים במגד 6 ויעניקו תמיכה וייעוץ שוטפים של

מומחים מהמשרד בהולנד.

הליבורטון מספקים 2 מהנדסים אחד שמומחיותו בחלק ההנדסי של הקידוח ומומחיות של

המהנדס השני הינה בכל הקשור למאגר.

השותפות מבקשת לאחל הצלחה לוועדת התפעול בביצוע תפקידיה.

אחוזי ההחזקה בחזקת ראש העין הינם כדלקמן:

השותפות-%87 (אחוז רשום בלבד, האחוז בפועל הינו %95.56*)

Alberta-Texas Ventures Inc– %12 (אחוז רשום בלבד האחוז בפועל הינו %3.44*)%1- Millenium Quest Pty Ltd

* לפרטים על חתימת הסכם הפשרה עם המשקיע לפיו המשקיע זכאי בשלב זה ל-%3.44 בחזקה ולא %12 הרשומים על שמו - ראו דו"ח מיידי מיום 24.6.20.

בכבוד רב,

גבעות עולם נפט בע"מ השותף הכללי

באמצעות שמואל בקר, יו"ר הדירקטוריון

Steven Knabe, P.E.

Steven Knabe, P.E.

Global Director

Career Summary

• Experienced oil and gas technical manager with some 30 years of experience working for major oil

companies and consulting firms.

• Managed major technical and operational studies related to oil and gas field development, including

drilling, completion and stimulation programs, full field reviews, field development plans, enhanced oil

recovery projects, application of smart well and smart field technologies, reserve estimations, and

project feasibility.

• Worked both on- and offshore in several countries. Strong knowledge of unconventional stimulation

and development.

Academics

▪ B.S. in Petroleum Engineering, Stanford University

▪ MBA, Harvard Business School.

▪ Licensed Professional Engineer in the State of Texas. Accredited under the Petroleum Engineering

Certification Programme of the Society of Petroleum Engineers.

Business and Project Experience

▪ Halliburton, Global Director. Responsible for ensuring quality deliverables for complex multi-

disciplinary upstream oil and gas projects. Projects have included:

• A major digital oilfield project in the Middle East involving multiple workflows to improve well

and field performance.

• Field development projects in the Middle East, Africa and the Americas, including use of

horizontal wells and hydraulic fracturing techniques.

• Revitalization of mature fields by incorporating new technologies.

• Development of reserve and resource estimates.

▪ Knowledge Reservoir, Vice President of Production, Drilling and Completions. Responsible for ensuring

quality deliverables, overseeing quality management procedures, and managing complex projects.

Projects managed included full field reviews, field development plans, EOR studies including CO2 and

steam injection, reserve estimations, development of stimulation programs, feasibility studies, and

economic analyses.

▪ Adjunct Professor. Taught courses in operations management, project management, supply chain

management, and other topics at universities in the Houston area.

▪ Deloitte & Touche, last position Regional Managing Partner, Manufacturing Practice, Central Europe.

Evaluated client company operations and developed new work processes to improve performance,

notably for oil companies in Central Europe, Latin America and Alaska.

▪ Booz Allen & Hamilton, Management Consultant. Evaluated client company operations and developed

new work processes and organization designs to improve performance for oil and mining companies in

the Middle East, South America, the Far East and Alaska.

▪ Freeport McMoRan Inc., Manager. Managed drilling operations in two sulphur

concessions in Egypt, including redesigning drilling and well control procedures, and

establishing a base and conducting drilling operations on a previously uninhabited

Steven Knabe, P.E.

desert island in the Red Sea. Evaluated and pursued several large projects and new

ventures in the USA and internationally.

▪ Pennzoil Company, Senior Planning Coordinator, Energy. Managed several technical

projects related to oil, gas and geothermal energy. Helped coordinate preparation of the

corporate plan.

▪ Esso Exploration Inc. (Exxon), Offshore Drilling Engineer. Worked in exploratory oil

and gas drilling operations in the North Sea, Ireland, the Ivory Coast, Surinam and

Brazil. Planned and monitored drilling operations and production tests, supervised

contractors, and analyzed drilling, geological and reservoir data.

▪ Mobil Oil, Operations Engineer. Supervised enhanced recovery projects, developed

programs for increasing oil production, and carried out geological and reservoir

evaluations for various California oil fields.

Selected Publications and Patents

▪ Steven Knabe, Dr. David Shaw and Dr. Steve Webb: Right Time Analysis for the Digital Oilfield. May,

2008, Indonesian Petroleum Association (IPA) Convention and Exhibition.

▪ Pablo R. Agraz Maestre, Aquiles Rattia, Steven P. Knabe and Alberto G. Mezzatesta: Fast-Track

Methodology for Visualizing Redevelopment Opportunities in Mature Fields. November, 2007,

Petroleum Exhibition and Conference of Mexico (PECOM).

▪ Steven Knabe and Rolph Sankar: Downhole Commingling Research Report. September, 2010;

Available on the BOEMRE website at http://www.boemre.gov/tarprojects/667/AD.pdf

▪ Optimizing Oil Recovery and Reducing Water Production in Smart Wells. US Patent # 9745833

▪ Estimating Well Production Performance in Fractured Reservoir Systems. US Patent # 9732592

Professional Associations

▪ SPE – Society of Petroleum Engineers

Pete McEldowney

Pete McEldowney

Senior Drilling engineer

Career Summary ▪ Drilling design, operations and monitoring , analysis & review

▪ Completions installation operations and analysis

▪ Collaborative Well Planning (CWP) in collaboration with drillers and sub-surface teams and other specialists

▪ Drilling optimization & Real-time Operations engineer in BP & Shell

▪ Directional drilling project planning and supervision, operations & troubleshooting – client rep at Shell 2001-2006

▪ Offset well performance analysis

▪ M/LWD engineer , DD trainee,

Academic

▪ MSc in Robotics, Wrexham Glyndwr University 2017

▪ BSc in Electronic engineering & Computer science, Aston University 1990

▪ Open University, Statistics M140 & M248 2016

▪ Industry drilling engineering, stuck pipe, ECD, casing design, tubular stress analysis, pore pressure courses

▪ IWCF Drilling Well Control Surface BOP Stack Level 2

Work

▪ Halliburton AkerBP inaugural CWP project - Alvheim well planning

▪ Halliburton, Completions installation analysis - Chevron Nigeria

▪ Halliburton, Collaborative Well Planning Consultant – Shell, BP, Tullow, OKEA

▪ Halliburton, Field development planning consultant

▪ Halliburton, Real-Time Operations support in BP

▪ Schlumberger, Drilling engineer for directional drilling projects North Sea – 6 years Shell onsite representative

▪ Schlumberger Survey management - Shell

▪ Halliburton & Schlumberger – M/LWD/DD – UKCS/Africa

▪ Various tender proposals and cost estimates, @RISK & WellCost probabilistic, Lean Six sigma

Projects

▪ Halliburton, AkerBP CWP project Alvheim well planning; cost estimation process improvement

▪ Halliburton, Completions installation analysis – Chevron – 40 wells so far

▪ Halliburton, Real-Time Operations support – drilling, casing, surveying, LWD – Angola, Brazil, NS - BP

▪ Halliburton, Collaborative Well Planning Consultant – BP – with marine, geoscientists, geologists, drilling teams

▪ Halliburton, Collaborative Well Planning Consultant, Wytch Farm - Perenco – with drilling and subsurface team

▪ Halliburton field development planning and economics – Tullow Uganda & Kenya

▪ Schlumberger, Operations Drilling Engineer – Platform & mobile drilling operations client rep- DD, LWD, TTRD – Shell

▪ Schlumberger well planning – Shell – working with subsurface and drilling

▪ Schlumberger Survey operations & management – Shell

▪ Onshore & offshore drilling experience – UKCS, Europe, Africa, UAE

▪ Drilling, subsurface and survey database management, QA, testing – Shell & BP

▪ Service performance analysis of real-time centre metrics, Spotfire

▪ Offset well analysis, real-time drilling data analysis, drilling optimization, tubing stress analysis

Applications ▪ DecisionSpaceGeosciences Field/Well Planning; EDM Well design; Office

Other ▪ Machine learning - antenna simulation and optimization using neural networks, genetic algorithms

▪ Computer vision and image processing, MATLAB & OpenCV, Microsoft Kinect

▪ Robotics – kinematics & programming, Python, ROS, unix – Baxter robotic arm and camera

▪ Open University M140 Statistics & M248 Analyzing data; Minitab statistical analysis; @RISK cost estimation

Pete McEldowney

Detailed Experience

Client/Compa

ny

Country Project Description Dates Role in the study

OKA Norway Grevling Well planning 2019 Well planning for screening

Chevron Angola Malange Malange field dev 2019 Field dev planning including

multi-laterals and expandable

liner

AkerBP Norway CWP Alvheim Inaugurating CWP

“Plan a well in a

day” project with

Alvheim team –

planned a well in

a few days

2019 CWP well planning coordinator

Chevron Nigeria Agbami, Dibi,

Gboka, Okan

Completions

operations

Analyzing and

optimizing

completions

installation

strings

2016 -

present

Analyse well and completions

strings, identify issues,

propose changes, model

results, present proposals

BP UK Drilling

operations

Provide integrated

workflows and

engineering to

support well

planning,

2006 -

2016

Collaborative Well Planner and

DD/LWD advisor, real-time

operations support for data

streaming of M/LWD data on

call

Perenco UK Wytch Farm Well planning for

infill multi-lateral

wells

2016 Worked with drillers and

reservoir engineer to design

MLs for Perenco –

successfully drilled by Sperry

BP UK,

Norway,

Brazil,

GoM,

Angola

Drilling

operations

Operations – remote

support –

monitoring and

advising on issues

arising

2014-

2018

Drilling, DD/MWD/LWD/casing

operations

Shell UK North Sea

Directional

Drilling

operations

SLB DD M/LWD

Operations

engineer

2001-

2006

Prepared, monitored, advised,

reviewed DD operations

Client Rep, Daily operations

meetings, troubleshooting

Shell UK Mobiles &

Platforms

SLB well planning

and DD

engineering

2001 -

2006

onsite well planning for Mobiles

& Platforms, working with

drillers & geologists,

inaugurated CWP in Shell UK

Total Congo Ngosa SLB Well planning 2004 Preliminary platform well

planning

Halliburton Africa &

Europe

Various clients MWD DD Drilling

operations at

wellsite

1996-

2000

Field hand – desert, swamp,

offshore

Anadrill Europe Various clients SLB MWD LWD

Drilling

operations

1990-

1996

Field hand then crew chief

UKCS & Netherlands

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company:

Postbus 612, Hoogeveen www.sogosconsultants.com

The Netherlands Tel: +31 528 227 710

Curriculum Vitae Peter Hoving Personal Information

Name: Hoving, Peter

Date of birth: 07th November 1959

Nationality: Dutch

Education

MSc Drilling Engineering, Robert Gordon’s University, Aberdeen, UK (16 May 2001)

HTS Economic Business administration (1year), Groningen, NL (7 July 1983)

HTS Civil Engineering (4 years), Groningen, NL (15 July 1982)

Training

30-08-2019 IWCF (surface BOP stack Level 4) Valid to 29 August 2021

29-05-2017 IWCF (surface BOP) Valid to 29 May 2019

09-06-2015 W320A Valid to 09 June 2019

24-04-2017 H2S Alive Enform Valid to 24 April 2020

17-11-2010 Decision Quality In Organizations (Stanford University)

16-05-2003 Auditing in a Technical Environment (ATE / EP04)

April -2005 Root Cause Analysis Training for Practitioners (Apollo)

10-04-2003 Rig Inspection Workshop (ModuSpec)

Nov. -2002 Specialised Well Control (P233)

22-04-2001 Operationalization of HSE: System Implementation – Workshop

03-06-1998 Manual handling Risk Assessor Competency Course (the Institution of Occupational Safety &

Health)

06-09-1996 Hands On Subsea Engineering (H.O.S.E.)

10-11-1995 Shell Expro Well Services Unit of Competence (Tristar) 16-05-1991 Shell Drilling Round 2

13-03-1990 Shell Drilling Round 1

Professional Experience

Well-rounded well engineer both operational & design. Operational/Design lead for:

- Jointed pipe Underbalanced drilling with a jack-up rig in the Southern North Sea,

- Coiled Tubing Underbalanced drilling onshore the Netherlands (sour gas),

- Unconventional horizontal drilling using cemented completions in Alberta (Foxcreek, Rocky Mountain

House & Deep Basin),

- Drilling sour gas well in Alberta – Waterton park,

- Workover and repairs on wells in the Netherlands,

- Low cost slim hole drilling (4⅛” hole size with 3½” cemented completion) in the Netherlands onshore,

- Detailed design work for on- & offshore wells in the Netherlands.

- Project lead for developing Low Cost Rotary Steerable Tool with Smart Drilling in Essen, Germany

- Project lead for developing of Automatic Directional Drilling using software SCADAdrill, successfully

implemented on the Synergy 2 rig in the Netherlands.

01/18-current Operations Manager WEP. Overall responsible for day-to-day drilling operations and

heading the drilling teams. Part of WEP Management Team.

08/15-07/17 Senior Well Engineer (DE) Advisor to Kuwait Oil Company Deep Drilling Group for sour

gas fields in the North of Kuwait. Advising on how to drill deep HP/HT sour wells (7 casing strings – 30”-24”-18⅝”-13⅝”-10 ¾” liner + Tie back-7⅝” liner + Tie back and 5” liner at TD

at around 5,000m) faster and better, currently take anywhere from 150 to 300days. Focus on

mud and cement.

07/11-07/15 Drilling Superintendent Deep Basin / Fox Creek / Foothills

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company:

Postbus 612, Hoogeveen www.sogosconsultants.com

The Netherlands Tel: +31 528 227 710

Responsible for up to 3 rigs in the Deep Basin asset for the first 1 ½ years drilling S-shapes and

horizontal wells in tight gas reservoirs, on one rig MPD was used for drilling part of the

intermediate and reservoir section. Fox Creek was added early 2013 a tight shale reservoir

(asset now called Greater Deep Basin). Responsible for 3 rigs (2 in Fox Creek one in

Foothills). Achieving Shell Wells Global “Most Improved Wells Team Award” for 2013 for Fox Creek. MPD is actively used for drilling the reservoir section in Fox Creek. Brought in

“smaller” ex. Deep Basin rig, drilling the fastest and cheapest well to date in Fox Creek.

Currently responsible for 1 rig in the Foothills asset, drilling the fastest and cheapest sour

Waterton well to date. Scheduling OSR’s and SIT’s. Instrumental in setting up and running

DART team in Calgary for Greater Deep Basin / Foothills. Very involved with Well

Engineering Design team, pushing the well design.

10/06-07/11 Senior Well Engineer Land Planning - NAM – Assen – NL

Leading a team of 3 Lifecycle Well Engineers. Coaching them to become full fletched Well

Engineers. Together with the subsurface development group maturing the land portfolio,

following a fit-for-purpose process, to allow flawless execution by operational team.

Performing all the well design work from well trajectory to casing design. Land has a standard

well design - 12¼” top hole, 9⅝” surface casing, 8½” hole, 7” liner, 6” hole (in case needed 5”

liner, 4⅛” hole) and 3½” cemented completion (current max. depth executed 4835mAH).

Also involved in maturing ‘other’ land work: Barendrecht CCS and de Wijk nitrogen enhanced

gas recovery.

Project lead for:

- development of low cost Rotary Steerable Tool with a small German company for 6” and

8½” hole sizes. The 6” hole size tool was test run. Project has been shelved early 2010 due

to market circumstances.

- implementation of drilling automation in NL (2nd application for Shell worldwide).

Currently being field tested on the DrillTec Synergy II unit.

- Wells next step in land project cost reduction drive – reducing well size further and

optimizing surface hardware.

Working staircase for Drilling Unit to drive well cost further down.

Involved in sharing slim land concept learning with ExxonMobil in Germany . Responsible for Well Site Drilling Engineers schedule for NL.

09/99- 10/06 Senior Well Engineer Operations - NAM – Assen – NL

Responsible for running rig operations – leading a team of on rig 3 DSV’s, 3 WSDE’s and

office 2 Well Engineers.

(October 2004 – October 2006)

For Jack-up GSF Monarch – Shell’s only Jointed Pipe Underbalanced drilling rig, very

complex operation with a full test package and Nitrogen spread on the rig and a Hydraulic

Workover unit deployed below the rig floor. Drilled 4 UBD wells – L13-FD 103 sidetrack,

Galleon PG09, K17-FA 101 & 102. Using Oil Base Mud for the first time in UBD mode on

PG09. Deploying WWS underbalanced (world first) on K17-FA 102.

For Onshore Coiled Tubing UBD project (with BJ and Expro) drilling OSH-3 sidetrack (gas

containing H2S).

(May 2004 – October 2004)

For Land workover rig ITAG110. Performed re-completions (repairs) and abandonments. As

part of the repairs installed 2 Solid Expendable Completions in 2 wells in the Groningen field (1 world record for longest SET). Executed, using a small pulling hoist from Austria

(ITAG114), a fit for purpose and cheap re-completion on a beam pumper on a well in the

Berkel field. Almost all wells were executed below the 50/50 estimates due to a pragmatic

approach, both in planning and execution. The rig achieved a 1 year zero Total Recordable

Cases (no LTI’s nor MTC’s), first time ever for a Dutch land unit.

(Jan 2004 – April 2004)

For a snubbing unit working on a life well on the island of Ameland (Environmentally

sensitive area – transport by ferry and then over the beach to the location). Re-completed the

well as per plan (2nd entry – previous year entry failed). Also used same unit to abandon a well

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company:

Postbus 612, Hoogeveen www.sogosconsultants.com

The Netherlands Tel: +31 528 227 710

where the surface location was already removed. Instrumental in introducing a safety

observation system with the snubbing contractor.

(Sept 1999 – Dec 2003) Starting up 2 offshore jack-ups (Noble George Sauvageau (NGS) & Ensco-71) in 2000,

without incidents. Contract Holder for NGS contract). End 2001 started up Smedvig West

Epsilon (SWE) heavy duty jack-up to drill the longest well ever in NL (7400mAH), also

contract holder. In June 2002 started up the Ensco-80 jack-up after 1 year of moth ball.

Operationally responsible for the NGS jack-up and the SWE. Drilled all types of wells in the

NL part of the continental shelf. With NGS drilled the first X-border UK well.

Also operationally responsible for 2 Coiled Tubing UBD operations on land (gas containing

H2S) and 1 CT drill out.

Moved over to Lowestoft for 4 months to run the jack-up Maersk Enhancer. First X-border

operations for a UK rig in NL waters.

Involved in implementing new technologies – conductorless explorations wells, Cemented

Completions, Through Bit logging and cheap alternatives to Rotary Steerable Tools.

Responsible for Well Site Drilling Engineers schedule for NL.

Finished MSc in Drilling Engineering (16 May 2001)

09/98- 09/99 Senior Well Engineer - Shell Expro – Aberdeen – UK

Responsible for on rig 2-3 DSV’s and office 1 Well Engineer. For the Eider Alpha Platform, drilling 2 sidetracks and preparing the rig equipment for

platform entering “light house” mode (minimum staffing).

06/95-09/98 Drilling Supervisor (Offshore Well Engineer) - Shell Expro – Aberdeen – UK

Responsible for the drill crew of KCA/Deutag.

On oil producing platforms (Eider, Cormorant & Dunlin), supervising workovers, sidetracks

and drilling operations. On Dunlin executed part of 2 ERD sidetracks and in platform rig

Hydraulic Workover Unit operations, perforating an ERD well. Started with MSc for Drilling

Engineering.

01/92-05/95 Drilling Engineer – NAM - Assen – NL

Planned and successfully executed the 1st Coiled Tubing drilling operations (NAM) on an oil

well in the Berkel field. Presented twice to SPE forum. Planned and executed the drilling

operations for the NAM-A (PT46) heavy land rig.

Registered as European Engineer (FEANI) 20 july 1993.

10/90- 01/92 Assistant Driller - NAM – Assen – NL On NAM-A heavy land rig – mainly being behind the brake. Passed Drilling Round 2 on 16

May 1991.

03/88- 10/90 Well Site Drilling Engineer - NAM - Assen – NL

Working on NAM-A (heavy land rig), Neddrill IV (jack-up) and Workover hoists (land).

Passed Drilling Round 1 on 13 March 1990.

03/84-03/88 Head Commercial Screening Information & Administration - NAM – Assen – NL

Responsible for 4 secretaries and being the technical assistant for a department that dealt with:

- contacts to other Dutch Operators, either as partner or competitor to NAM (incl.

unitizations and well trading),

- oil and gas sales agreements,

- Offshore shared pipelines.

Had frequent contacts with lots of parties in NAM ranging from seismic to drilling to

production to finance. Re-arranged the departmental archive.

Language skills

Dutch (fluent), English (fluent), German (basic/fluent)

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company: Postbus 612, Hoogeveen www.sogosconsultants.com The Netherlands Tel: +31 528 227 710

Curriculum Vitae Dwight Smith Personal Information Name: Smith, Dwight Date of birth: n.a. Nationality: Canadian Education BSc (Petroleum Engineering), Montana College of Mineral Science and Technology: Butte, Montana, USA. 1985 (Reservoir, Production and Drilling). Diploma, Petroleum Resources Technology, Northern Alberta Institute of Technology: Edmonton, Alberta 1980 (Petroleum Geology and Geophysics). Training IWCF Surface and Sub-sea, Level 4 Organizational Learning Systems (OLS) MPD Level 2; Weatherford Advance Sales Skills, Business Development Drilling Practices, PITS Calgary Fracture Stimulation (Basic/Advanced) H2S Alive Sand Control Offshore Basic Fire Control Cement Job Evaluation Computer Skills Acid Stimulation (Basic, Advanced), MS Office Suite, Databases, Engineering Programs, DIMS Cement Job Design (Basic, Advanced), Organizational Learning Systems (OLS, Triad, WIMS), Advanced Coiled Tubing Operation. Professional Experience 09/19-present Dwight Smith Consulting: Owner and Director

Locating Investors for a Development Drilling Project in Delaware Basin, N. Mexico, USA

Engineering and economics study for 3 well Lump Sum Turnkey Project in Kurdistan

04/19-08/19 Drilling Superintendent - Dana Petroleum, Egypt.

Drilling Superintendent for an onshore high angle ERD well to offshore target.

11/18-01/19 Sr. Drilling Engineer - Pacific Hunt Energy, Yangon Myanmar. 06/17-06/18 Halliburton CPM; Drilling/Project/Operations Manager to Shell Iraq

Petroleum Development. Majnoon Field Development Program, 3 new rigs, 30 wells (deviated) green and brown fields.

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company: Postbus 612, Hoogeveen www.sogosconsultants.com The Netherlands Tel: +31 528 227 710

03/17-06/17 Drilling Superintendent - Victoria Oil and Gas; Cameroons. Oversight for drilling utilizing MPD on two onshore HPHT wells in urban area.

07/16-present Dwight Smith Consulting: Owner and Director

Marketing and Research related to: Marketing and search for JV partner for a start-up Managed Pressure Drilling (MPD) company. Since drop in oil field activity in Canada and internationally I have been engaging various positions to make ends meet, waiting for travel restriction to be relaxed and plan to return to employment internationally.

04/15-06/16 Drilling Operations Superintendent - Dana Gas Egypt.

Successfully Onshore Nile Delta exploration/appraisal program of one land rig, deviated and horizontal wellbores (longest 6” Horizontal wellbore (627m) onshore Nile Delta region).

05/14-04/15 Drilling Superintendent - Foxtrot International.

Successfully market researched suitable jack up rig in West Africa. Visited and inspected candidate rigs. Oversight and execution exploration well program (drilled, tested, and abandoned) on time and budget.

03/14-05/14 Sr. Drilling Engineer - Longreach Oil and Gas, Morocco.

Successfully oversaw the Drilling Operations/Engineering support (at Management request based on difficulties on first well) for the second (60 day) exploration program, onshore Morocco.

05/13-12/13 Drilling Manager - AED/Kulczyk Oil Ventures Brunei.

Drilling operations of two directional explorations wells onshore Brunei. Utilized MPD on first well for kick detection high pressure 17.7 ppg mud at 2100m, second well normally pressured drilled with RRS-Motor system

01/13-03/13 Operation Manager - New Age Ethiopia.

Single land exploration well, multiple fracture treatments for economic reservoir evaluation. Contracting and placing service contracts.

06/12-12/12 Sr. Drilling Engineer - SPD LTD assigned to Nippon Exploration Sarawak

SK333 Project. Completed Drilling Program and engineering oversight for 4300m HPHT/MPD in fractured carbonate reservoirs.

12/11-06/12 Sr. Drilling Engineer - Niko Resources (Trinidad & Tobago) Ltd.

Contracting and engineering design for 4 offshore exploration blocks; 1 block off the east coast (200- 750m water depth) and 2 blocks off the north coast in 20 to 170m water depths and 2 wells off south coast (100m). Provided onsite rig support for difficult operations and in time of well stability problems (high geo- mechanical stress well) Proposed and oversaw Geotechnical study (seabed coring and soil analysis) to determine if a deepwater jack-up could be utilized in 120m water depth. Cost saving of using a jack-up vs. semisub $100-150k/day.

03/11-11/11 Sr. Drilling Engineer - PA Resources Tunisia.

Engineering, drilling and completion for successful offshore horizontal subsea system well from a jack-up.

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company: Postbus 612, Hoogeveen www.sogosconsultants.com The Netherlands Tel: +31 528 227 710

08/09-03/11 VP Operations - General Manager - Sahara Petroleum Services Libya Branch, Tripoli Libya. As VP Operations-GM, responsible for profitability, marketing, personnel, HSE and corporate functions in country reporting to the Sr. VP of Operations in Cairo Head Office. Successfully oversaw change in company registration from a Branch office to a Joint Stock Company. Developed 5-year plan to expand services and operating locations in Libya. Investigated and reported senior management, expanding SAPESCO services into Tunisia and Algeria Sahara Petroleum Services (SAPESCO) Libya provided CT/N2, stimulations, well testing, slick line, electric line service in Libya.

09/08-07/09 Drilling Engineering Expert - Apache Egypt: Khalda Petroleum Company,

Cairo. Drilling Engineering/Operations support for 16 exploration/development drilling and 13 work over/completion rigs in Western Desert.

02/07-09/08 Sr. Drilling Engineering Superintendent - Centurion Petroleum Egypt, Cairo

Egypt. Engineering oversight for development (3000m) and exploration (4000m) wells (onshore) in the Nile Delta.

06/06-12/06 Sr. Drilling Engineer in Joint Operations Group - Hoang Long and Hong Vu

JOC’s, Vietnam. Design and engineering supervision of exploration wells for both Joint Venture companies. Engineering oversight to drill longest well 6600mMD (granite basement) in Vietnam. Engineering, tendering for HV’s CNV Pilot Development Program, HL’s exploration program (2006-2007).

07/03-05/06 Drilling Supervisor - Global Petro projects Services to AGIP; Egypt and

Kazakhstan. Deviated high/medium pressure gas wells from Jack-up rigs in the Mediterranean Sea and a 5000m HTHP, 25% H2S well on artificial island in the Caspian Sea (Oil & water based mud, zero discharge, mud cap drilling in sour reservoir).

02/03-06/03 Drilling Superintendent - Energy Africa, Gabon.

Generated Drilling programs and successfully execution of 2-well offshore exploration program for Energy Africa utilizing a jack-up rig, on time and budget.

05/00-09/02 Drilling Coordinator - International Petroleum Libya Limited, Tripoli, Libya

(Petro-Canada/Lundin Oil). Responsible for the generation and successful execution of the 12 well En Naga Phase 1 Drilling and Completion programs on time, within budget, no LTA’s during the 11 months of operations. Senior Drilling Engineer Preparation/evaluation of Drilling Services tenders, drilling/testing programs and execution of 2 exploration wells in a remote desert location.

10/99-11/99 Brief field review - Selan Exploration Technology Ltd., New Delhi, India.

Short consultancy for review of three fields awarded to Selan. Submitted recommendations for field development (in-fill wells) and work over options for existing wells.

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company: Postbus 612, Hoogeveen www.sogosconsultants.com The Netherlands Tel: +31 528 227 710

08/98-10/99 Project Manager - Baker Hughes E&P Solutions/OGCI.

Project Manager to Shell India Production Development BV, Rajasthan Exploration Well Campaign: Managed a small team that successfully prepared, evaluated, and awarded contracts for all drilling (rig and related services), testing and completion services for Shell’s exploration program in India. Full fiscal and management responsibility of program execution and Contract Holder of the Project contract.

08/96-07/98 Drilling Superintendent - Schlumberger IPM - Caracas Drilling Support

Team. Provided drilling support to various IPM Projects in Venezuela, IPM-Shell Peru, IPM-Oxy Equator. Member (drilling) of a Geo-Quest Field Evaluation Team Trinidad on behalf of major US client. Drilling Superintendent: LASMO-Schlumberger Dacion Alliance, Caracas, Venezuela Developed the Drilling Section of the Field Development Plan for PDVSA, prior to take-over of the Dacion Field by LASMO on April 1, 1998. Developed specifications for drilling and work over rigs. Well Site Supervisor: PNOC Calauit 1B Re-entry and Extended Test Project, Philippines Responsible for successful execution of a production test and abandonment of an offshore well (sour) from a semi-sub rig. Testing utilized a variable speed ESP, surface production test equipment and tanker vessel to store produced oil on time and budget. Site Superintendent: OTC Songo Songo Island Gas to Electricity Project, Tanzania Re-entry and refurbishment of 6 (3 offshore utilizing a Swamp Barge rig and 3 onshore) gas wells and production test all within tight weather window. Night Drilling Supervisor: THAIPO Project, Gulf of Thailand Highly directional/deviated gas wells from Jack-up rig and batch completion (multiple zones) of wells from a Tender Barge.

05/92-08/96 Drilling Superintendent - VEBA Oil Operations, Tripoli, Libya.

Managed a multi-rig drilling and work over operations for exploration and development wells (oil, gas, water) of varying depth (4000-13000 ft.) and down hole conditions in various basins of Libya. Generated materials and personnel forecast for yearly budgets, AFEs for exploration wells, final review of Drilling programs before submitting for management approval. Input into work over programs.

07/90-10/91 Sales Engineer: Calgary, Canada.

Accountable and set goals (financial, technical) within framework of client’s requirements.

12/87-07/90 Technical Engineer: Tripoli, Libya.

Investigated, analysed, and programmed treatments for cementing, stimulation, coiled tubing, nitrogen, and tool services to reduce time and cost. Pioneered use of foam cement to successfully cure loss circulation.

Well Engineering Partners BV www.wellengineeringpartners.com Toldijk 17 – 19 Related company: Postbus 612, Hoogeveen www.sogosconsultants.com The Netherlands Tel: +31 528 227 710

02/87-12/87 Field Service Manager: Syria. Managed limited resources and optimized utilization (personnel, equipment, and products) that ensured successful job (cementing, stimulation, and down hole tools) execution while maintaining high HSE standards.

05/86-02/87 Field Engineer: Turkey.

Responsible for day-to-day operations of new operating base in eastern Turkey. Successfully set up cementing lab facilities. Trained new employees in company policy, HSE, services and equipment. First CT job in Turkey, 12 well Frac campaign in Western Turkey.

01/85-05/86 Cell Leader: Aberdeen.

Contacted on daily basis Drilling, Operations and Productions Departments (Marathon, Sovereign, Gulf). Designed and wrote cementing and stimulation programs (semi-subs deepwater, jack-ups and platform).

08/80-06/82 Service Supervisor: Philippines, Sri Lanka, UK, France.

Provided cementing, acidizing, down hole tool and DST service for land (geothermal) and offshore operations (semi sub: 1500 foot water depth and jack-up rigs).

08/77-08/78 BP Canada, Alberta, Canada - Battery Operator: Cardium Field.

Operated a multi-well oil production and water injection facility and the associated producing/injection wells. Monitored and reported on individual wells performance, analyse and report on well problems. Submitted in a timely manner required company and government reports.

Language skills English-native

Curriculum Vitae

Personal data:

Name: Cornelis Wouter Botermans

Date of birth November 21, 1970

Nationality: Dutch

Marital status: Married

Children: 3

Mobile: +31 (0) 653557764

Email: Wouter.Botermans@B-PES.nl

Website: www.B-PES.nl

Summary: Passionate petroleum engineer with over 23

years E&P experience in research, field

engineering, reservoir engineering, production

technology, operations, drilling and completion,

economics and project management. Broad

developed engineer with track record of

successful projects. Main competence:

integrated field development, recovery and

productivity optimisation (incl. modelling).

Motivating and enthusiastic team player with

ability to communicate between disciplines and

lead projects.

Work Experience

Sep. 2018 – current Co-founder of Geothermie Partners

Serving the geothermal development industry in the Netherlands and international.

Activities: geological studies/reviews, economics, planning and design of wells,

preparation and execution of drilling projects, well testing and commissioning, system

monitoring and operational management, well interventions, etc. Also, GP provides

legal and financial services through its associates. www.geothermiepartners.nl

Dec. 2012 – current Owner & Petroleum Engineer with Botermans Petroleum Engineering Services

B-PES provides integrated petroleum engineering support for oil and gas field

development, recovery & production optimisation, and project management with the

focus on operational results; competent in reservoir engineering (incl. EOR), production

technology, well interventions and operations, tail-end production and field

abandonment, project management, economics B-PES also provides integrated field

development training courses and subsurface management consultancy. B-PES is also

active in geothermal energy development: system performance studies incl.

petrophysics and geological evaluations, drilling and well design & integrity, project

proposals, abandonment cost calculations, etc.

B-PES can connect investors with small to medium size projects and assist operators

with knowledge and technical support.

Since 2012 B-PES delivered subsurface advice and management support as

interim/partner/associate with 17 companies.

B-PES Delivers training at academic level in Production Systems and Engineering,

Production Optimisation, Integrated Reservoir Studies, Reservoir Engineering for

Other Disciplines, Reservoir Development and Economics

Jan. 2010 – Nov. 2012 Petroleum Engineer, Rijn Oil Field Development and Optimisation

TAQA Energy B.V., The Hague, The Netherlands

Responsibilities:

Evaluation and analysis of Rijn oil field reservoir and wells performance: well and

reservoir performance monitoring, optimisation of oil recovery (EOR study & infill

drilling), reserves and production reporting and forecasting, delivery of new well

proposals, operational support and guidance, initiation and leading studies,

representative during Technical Committee Meetings with partners, supporting younger

engineers, sharing knowledge about gas reservoir and production engineering,

supporting TAQA globally with production efficiency improvement

Mar. 2007 – Dec. 2010 Lead Reservoir Engineer Bergermeer Gas Storage

TAQA Energy B.V., The Hague, The Netherlands

Responsibilities:

Reservoir engineering lead for integrated subsurface development planning, providing

technical support to cushion gas commercial activities, delivery of storage production

and injection profiles, delivery well proposals, integration with facility engineering and

commercial/economical disciplines, support to legal and permitting team

Apr. 2004 – Apr. 2007 Operational Reservoir Engineer

BP Energy B.V., The Hague, The Netherlands

Responsibilities:

Reservoir and well management of (mature) gas fields and gas storage field, production

forecasting, reserves reporting, production efficiency improvement and optimisation,

gas well deliquification, well testing, surveillance, field development, business

development support

Mar. 2001 – Feb. 2004 Production Technologist

Shell, Assen, The Netherlands

Responsibilities:

Optimisation and improvement of gas production, delivery and execution of well

interventions, field development support, integrated well and system performance

modelling and production forecasting, initiation and leading compressor re-routing

project, well abandonment

Aug. 1996 – Jan. 2001 Senior Technical Professional

Halliburton European Research Centre, Leiderdorp, The Netherlands.

Responsibilities:

Development and application of conformance and EOR chemicals (polymers), job

designs and (on-site) operational support (QA/QC) during polymer injection for water

and gas shut-off operations, reservoir and well performance forecasting including

simulations (CMG compositional simulator), company representation in joint industry

projects on EOR development, business development, publishing (SPE) and sharing

knowledge and best practices, well intervention project management and technology

project management, team leader water and gas shut-off research team.

Education

1989 – 1996 MSc. Petroleum Engineering of the Faculty of Mining and Petroleum Engineering at

the Delft University of Technology, Delft, The Netherlands

1983 – 1989 Pre University Level at the Melanchthon College, Rotterdam,

The Netherlands

Computer experience

- Prosper/Mbal /GAP (integrated production modelling program)

- WELLCAT (drilling, completion and wellbore processes simulator)

- CMG STARS (compositional reservoir simulation tool)

- PIE Well Test interpretation software

- Word, Excel (incl. Visual Basic programming), Power Point, Access, MS-Project

Training

- Well test design and analysis

- Sandstone and carbonate acidizing course

- Management training (Krauthammer International)

- P264: Production technology (Shell internal course)

- EP01: EP business skills: project management economics, ethics, politics (Shell internal course)

- Various project management courses

- Classical presentation course

- Team work training

- Technical presentations for customer and conferences

- Well site supervisor training

- Various HSE courses and training

- Offshore survival training (valid)

- Personal efficiency/time management training (de Baak)

- Emergency Response Training (Petrofac, Aberdeen)

Articles and Patent

- (Co)Author of at least 14 technical papers. A list is available on request.

- Holder of 1 patent about chemical system for water and gas control: US patent no. 6823939

Technical Society Membership

- Member of the Society of Petroleum Engineers since 1990

- Vice president of the SPE Student Chapter Delft. Organised a symposium in April 1994 “Marginal Gas Fields,

the Netherlands Offshore”

- Jury Member for the SPE Student Paper Contests, 1999, The Hague

- 2002 Chairman of the Career Guidance and Student Development Committee of the SPE

- 2002 Board member of the SPE Netherlands Northern Section

- 2009 Member of SPE Netherlands board: Publicity and Program Chair, Chair Elect

- 2011- 2016: Member of European Formation Damage Conference program committee

- 2012-2014 Chairman of the SPE Netherlands Section

- 2015 Teaching course for SPE: Reservoir Engineering for Other Disciplines

- 2014-2016 Member of the SPE European Gas Well Deliquification Conference Committee

Hobbies: Sports, cars, video editing, photography, music