APPLICATION FORM FOR PETROLEUM LICENCE Petroleum (Production) Act (Northern Ireland) 1964 Appendix B: Technical Information Form Appendix B, the Technical Information Form, should accompany the Application Form. It comes in five parts, as follows: B1: Lead/Prospect Summary Sheet. A separate copy of this sheet must be completed for each lead, prospect, new play or discovery identified by the applicant within the acreage applied for. An assessment of the Risks and Reserves for each Lead/Prospect, and whether it is ready to be drilled, or what further evaluation is need before a decision on drilling can be taken, should be included. B2: Work Programme Summary Sheet. This form must set out the Applicant's proposed Work Programme within the acreage applied for. B3: Supporting Technical Information. The Applicant must show how it has applied technical expertise to the available data to arrive at its assessment of the prospectivity of the area applied for, and present its technical case that its Work Programme represents the best way to explore for the petroleum resources (or to develop known resources) in the acreage. This information may be provided in a format of the Applicant’s choosing but, as a guide, DETI suggests that a fit-for-purpose application should normally be less than 30 pages long, including displays (relevant maps and seismic sections indicating well ties, where appropriate). Please refer to the guidance for further information including the marking scheme that will be applied when assessing the technical part of the application. B4: Operator competence and technical capacity. The Applicant must provide evidence that the nominated operator has the proven capability to supervise, manage and undertake the proposed Work Programme. In the case of a firm well commitment this competence must extend to the drilling operations. If the well commitment is ‘Drill or drop’ the operator is required only to demonstrate competence relating to Part I of the Work Programme in the application (however, DETI requires a competent Operator to be nominated and approved before the Licensee proceeds to Part II of the Work programme – the well). B5: Declaration. To be completed by an authorised officer of the nominated operator. Parts B1, B2 and B5 should be completed using the specified forms, or copies thereof. Part B1 Lead/Prospect summary sheeti Area Name of lead, prospect, new play or discovery Brief description of lead, prospect, new play or discovery Typeii: Descriptioniii Key technical work needediv Map (Annotate the scale and corner coordinate points, using Irish National Grid co-ordinates) Geologic cross-section Representative seismic section Metrics (Lead / prospect / new play / discovery volumes) Input parameters Area (acres/km2) Height of closure (ft/m) Net reservoir (ft/m) Net: gross (%) Gross rock volume (acre-ft, MM m3) Porosity (%) Hydrocarbon saturation (%) Formation volume factor/Gas expansion factor Recovery factor (%) Gas in place (bcf/bcm) Oil/condensate in place (mmbo/mmboe) Oil/gas reserves (mmbbl/bcf/bcm) Estimated technical chance of successv: MIN ML MAX Part B2 Work Programme summary sheetvi Operator: Number of Wells Area(s): Firm For each well, specify the minimum depth in metres and the horizon to which you will drill New shoot 2D seismic (firm)viii Specify in line kilometres. Please indicate proposed survey area and/or distribution in Irish National Grid 100 km squares New shoot 3D seismic (firm) viii Specify in square kilometres. Please indicate proposed survey area and/or distribution in Irish National Grid 100 km squares Obtain existing 2D seismic (firm)viii Specify in line kilometres and survey ID. Key: O – Obtain; R – Reprocess; OR – Obtain and reprocess Other workviii Examples: geotechnical studies, gravity/magnetic data acquisition, magneto-telluric surveys, geochemical surveys Number and technical competence of staff to undertake the work programme (please include any relevant technical qualifications held by those staff and details of training undertaken by those staff in the 3 years prior to the date of application) – use separate sheet, if necessary Commentsix Drill-or-Dropvii Part B5 Declaration A duly authorised officer must approve the information given in this form. I hereby declare that the information given in Appendix B is correct: Name i Signature Capacityx Date Present a separate sheet for each lead, prospect, new play or discovery. Choose from new play idea, lead, prospect or discovery not fully evaluated or prospect fully evaluated. iii For example, Sherwood Sandstone 4-way dip closure, Carboniferous 3-way dip/fault trap with stratigraphic upside. iv Key work to address prospectivity; e.g. reprocess 100km2 2D, PSDM, inversion, facies analysis. If no further work is needed enter “None”. v If possible include estimates for trap presence, seal effectiveness, reservoir presence, reservoir quality, etc. vi Refer to the Guidance Note (5.4.3.3) for more details on completing this sheet. vii Drill-or-Drop is the minimum Work Programme that will be accepted for any Application. viii All work commitments other than drilling are Firm. ix Example: indicate priorities within acreage applied for, by reference to Irish Grid 100km (10km x 10km) square; minimum area required; priority of prospects identified. x Capacity within the company by which the signatory is authorised to sign. ii