PDVSA SAN TOME
MAKIRITARE
Macolla N4
MFM-AF (GW-180)
Pozo Horizontal
Design: Pozo Horizontal
Standard Survey Report
22 September, 2016
                                                                                            Survey Report
 Company:               PDVSA SAN TOME                                                      Local Co-ordinate Reference:                          Well MFM-AF (GW-180)
 Project:               MAKIRITARE                                                          TVD Reference:                                        EMR @ 560.4ft (GW-180)
 Site:                  Macolla N4                                                          MD Reference:                                         EMR @ 560.4ft (GW-180)
 Well:                  MFM-AF (GW-180)                                                     North Reference:                                      Grid
 Wellbore:              Pozo Horizontal                                                     Survey Calculation Method:                            Minimum Curvature
 Design:                Pozo Horizontal                                                     Database:                                             AYACUCHO
 Project                      MAKIRITARE
 Map System:                 Universal Transverse Mercator                                   System Datum:                                         Mean Sea Level
 Geo Datum:                  Prov. S.A. 1956 - Venez.
 Map Zone:                   Zone 20N (66 W to 60 W)
 Site                         Macolla N4
 Site Position:                                                      Northing:                          924,040.00 m             Latitude:                                                      8° 21' 28.153 N
 From:                             Map                               Easting:                           377,139.00 m             Longitude:                                                     64° 6' 56.814 W
 Position Uncertainty:                              0.0 ft           Slot Radius:                           13.200 in            Grid Convergence:                                                    -0.16 °
 Well                         MFM-AF (GW-180)
 Well Position                +N/-S                       0.0 ft         Northing:                               924,070.00 m                     Latitude:                                      8° 21' 29.129 N
                              +E/-W                       0.0 ft         Easting:                                377,139.00 m                     Longitude:                                    64° 6' 56.817 W
 Position Uncertainty                                     0.0 ft         Wellhead Elevation:                                 0.0 ft               Ground Level:                                         538.4 ft
 Wellbore                      Pozo Horizontal
 Magnetics                         Model Name                        Sample Date                   Declination                                Dip Angle                           Field Strength
                                                                                                       (°)                                        (°)                                  (nT)
                                                  HDGM                     8/25/2016                               -13.90                                     29.03                              31,367
 Design                       Pozo Horizontal
 Audit Notes:
 Version:                    1.0                                      Phase:              ACTUAL                             Tie On Depth:                                                                   0.0
 Vertical Section:                                        Depth From (TVD)                        +N/-S                      +E/-W                                   Direction
                                                                 (ft)                              (ft)                       (ft)                                      (°)
                                                                                    0.0                  0.0                          0.0                                               87.88
 Survey Program                                    Date      9/22/2016
           From                    To
            (ft)                   (ft)           Survey (Wellbore)                                       Tool Name                                Description
                 658.0                2,742.0 Fase 12.25" Intermedia (Pozo Horizontal)                    MWD Fixed                                Fixed:v2:standard declination
               2,837.0                5,272.0 Fase 8.5" Lateral (Pozo Horizontal)                         MWD Fixed                                Fixed:v2:standard declination
 Survey
            Measured                                                   Vertical                                                Vertical               Dogleg             Build                Turn
             Depth             Inclination           Azimuth            Depth             +N/-S                +E/-W           Section                  Rate             Rate                 Rate
               (ft)                 (°)                 (°)              (ft)              (ft)                 (ft)             (ft)                 (°/100ft)        (°/100ft)            (°/100ft)
                      0.0                  0.00               0.00               0.0              0.0                  0.0                  0.0               0.00               0.00             0.00
                    658.0                  0.84              71.64             658.0              1.5                  4.6                  4.6               0.13               0.13             0.00
                    682.0                  1.46              68.34             682.0              1.7                  5.0                  5.1               2.60               2.59           -13.73
            KOP @ 682' MD
                745.0                      3.10              66.00             744.9              2.7               7.3                  7.4                  2.60               2.60             -3.72
                    832.0                  6.64              74.41             831.6              5.0              14.3                 14.5                  4.14               4.07              9.67
                     919.0                 8.46              73.16           917.8              8.2                25.3                 25.6                  2.10               2.09             -1.44
                   1,006.0                13.27              69.25         1,003.3             13.6                40.8                 41.2                  5.59               5.53             -4.49
                   1,093.0                18.17              72.23         1,087.0             21.3                63.0                 63.8                  5.71               5.63              3.43
                   1,181.0                21.65              79.68         1,169.7             28.4                92.1                 93.1                  4.89               3.95              8.47
9/22/2016 6:24:36PM                                                                                Page 2                                                                           COMPASS 5000.1 Build 81
                                                                             Survey Report
 Company:            PDVSA SAN TOME                                         Local Co-ordinate Reference:            Well MFM-AF (GW-180)
 Project:            MAKIRITARE                                             TVD Reference:                          EMR @ 560.4ft (GW-180)
 Site:               Macolla N4                                             MD Reference:                           EMR @ 560.4ft (GW-180)
 Well:               MFM-AF (GW-180)                                        North Reference:                        Grid
 Wellbore:           Pozo Horizontal                                        Survey Calculation Method:              Minimum Curvature
 Design:             Pozo Horizontal                                        Database:                               AYACUCHO
 Survey
            Measured                                      Vertical                                     Vertical        Dogleg         Build            Turn
             Depth        Inclination      Azimuth         Depth          +N/-S         +E/-W          Section           Rate         Rate             Rate
               (ft)            (°)            (°)           (ft)           (ft)          (ft)            (ft)          (°/100ft)    (°/100ft)        (°/100ft)
               1,273.0           24.34          82.48         1,254.4          33.9            127.6        128.8            3.16          2.92             3.04
               1,364.0           27.46          84.22         1,336.2          38.5            167.1        168.4            3.53          3.43             1.91
               1,456.0           31.57          83.66         1,416.3          43.3            212.1        213.6            4.48          4.47            -0.61
               1,544.0           35.66          81.71         1,489.6          49.5            260.4        262.1            4.81          4.65            -2.22
               1,634.0           39.17          81.94         1,561.0          57.3            314.5        316.4            3.90          3.90             0.26
               1,725.0           42.22          81.33         1,630.0          65.9            373.2        375.4            3.38          3.35            -0.67
               1,817.0           47.32          81.35         1,695.3          75.7            437.3        439.8            5.54          5.54             0.02
               1,908.0           50.32          81.21         1,755.2          86.0            505.0        507.8            3.30          3.30            -0.15
               2,000.0           52.04          80.39         1,812.9          97.5            575.7        578.9            1.99          1.87            -0.89
               2,089.0           57.53          79.51         1,864.2         110.2            647.3        650.9            6.22          6.17            -0.99
               2,180.0           61.08          79.72         1,910.6         124.3            724.2        728.3            3.91          3.90             0.23
               2,270.0           65.48          79.74         1,951.1         138.6            803.3        807.9            4.89          4.89             0.02
               2,360.0           69.03          80.89         1,985.9         152.6            885.1        890.2            4.12          3.94             1.28
            Inicio Tangente @ 2360.0' MD / 69.03° Inc. / 80.89° Az.
                2,465.0         68.50          81.88           2,023.9        167.3            981.9        987.4            1.01          -0.50            0.94
            Fin de tangente @ 2465.0' MD / 68.55° Inc. / 81.88° Az.
                2,541.0         74.90          82.18          2,047.8         177.3        1,053.3        1,059.1            8.43          8.42             0.39
               2,631.0           80.19          85.00         2,067.2         187.0        1,140.6        1,146.7            6.63          5.88             3.13
               2,742.0           85.49          88.09         2,081.0         193.7        1,250.5        1,256.8            5.52          4.77             2.78
            Ultimo survey fase 12-1/4" @ 2742.0' MD / 85.49° Inc. / 88.09° Az.
                2,837.0          83.81         88.95         2,089.9           196.1       1,345.0        1,351.4            1.98          -1.77            0.91
               2,928.0           87.35          89.53         2,096.9         197.3        1,435.7        1,442.1            3.94           3.89            0.64
               3,019.0           87.77          89.36         2,100.8         198.2        1,526.7        1,532.9            0.50           0.46           -0.19
               3,108.0           86.66          91.23         2,105.1         197.7        1,615.5        1,621.8            2.44          -1.25            2.10
               3,198.0           90.12          91.56         2,107.6         195.5        1,705.5        1,711.5            3.86           3.84            0.37
               3,289.0           91.79          89.66         2,106.1         194.6        1,796.4        1,802.4            2.78           1.84           -2.09
               3,381.0           90.49          88.76         2,104.3         195.8        1,888.4        1,894.4            1.72          -1.41           -0.98
               3,472.0           89.75          89.46         2,104.1         197.2        1,979.4        1,985.3            1.12          -0.81            0.77
               3,563.0           90.06          89.54         2,104.2         198.0        2,070.4        2,076.3            0.35           0.34            0.09
               3,654.0           89.07          90.33         2,104.9         198.1        2,161.4        2,167.2            1.39          -1.09            0.87
               3,744.0           90.12          90.62         2,105.6         197.4        2,251.4        2,257.1            1.21           1.17            0.32
               3,834.0           89.44          89.09         2,105.9         197.6        2,341.4        2,347.1            1.86          -0.76           -1.70
               3,925.0           89.57          88.70         2,106.7         199.4        2,432.4        2,438.1            0.45           0.14           -0.43
               4,015.0           89.20          90.05         2,107.7         200.4        2,522.4        2,528.0            1.56          -0.41            1.50
               4,105.0           90.31          90.25         2,108.0         200.1        2,612.3        2,618.0            1.25           1.23            0.22
               4,196.0           90.31          89.98         2,107.5         199.9        2,703.3        2,708.9            0.30           0.00           -0.30
               4,286.0           91.36          90.83         2,106.2         199.3        2,793.3        2,798.8            1.50           1.17            0.94
               4,375.0           90.43          91.85         2,104.8         197.2        2,882.3        2,887.6            1.55          -1.04            1.15
               4,465.0           91.17          91.41         2,103.6         194.7        2,972.2        2,977.4            0.96           0.82           -0.49
               4,556.0           88.83          90.54         2,103.6         193.1        3,063.2        3,068.3            2.74          -2.57           -0.96
               4,641.0           87.96          89.35         2,106.0         193.2        3,148.2        3,153.2            1.73          -1.02           -1.40
               4,731.0           86.79          89.92         2,110.1         193.8        3,238.1        3,243.0            1.45          -1.30            0.63
               4,822.0           88.77          88.29         2,113.6         195.2        3,329.0        3,333.9            2.82           2.18           -1.79
               4,912.0           90.74          89.26         2,114.0         197.1        3,419.0        3,423.9            2.44           2.19            1.08
9/22/2016 6:24:36PM                                                               Page 3                                                        COMPASS 5000.1 Build 81
                                                                                      Survey Report
 Company:            PDVSA SAN TOME                                                   Local Co-ordinate Reference:              Well MFM-AF (GW-180)
 Project:            MAKIRITARE                                                       TVD Reference:                            EMR @ 560.4ft (GW-180)
 Site:               Macolla N4                                                       MD Reference:                             EMR @ 560.4ft (GW-180)
 Well:               MFM-AF (GW-180)                                                  North Reference:                          Grid
 Wellbore:           Pozo Horizontal                                                  Survey Calculation Method:                Minimum Curvature
 Design:             Pozo Horizontal                                                  Database:                                 AYACUCHO
 Survey
            Measured                                              Vertical                                         Vertical        Dogleg            Build              Turn
             Depth          Inclination      Azimuth               Depth           +N/-S              +E/-W        Section           Rate            Rate               Rate
               (ft)              (°)            (°)                 (ft)            (ft)               (ft)          (ft)          (°/100ft)       (°/100ft)          (°/100ft)
               5,002.0             90.99              90.15             2,112.6        197.6            3,509.0       3,513.9            1.03              0.28              0.99
               5,105.0             87.65              90.73             2,113.9        196.8            3,611.9       3,616.8            3.29             -3.24              0.56
               5,196.0             85.55              92.04             2,119.3        194.6            3,702.7       3,707.4            2.72             -2.31              1.44
            Ultimo Survey Visto Fase 8-1/2" @ 5196.0' MD, c/Incl. 85.55°, Azi. 92.04°
                5,272.0          84.50         93.00         2,125.8           191.3                    3,778.4       3,782.9            1.87             -1.38              1.26
            Proyeccion a fondo @ 5272.0' MD, c/Incl. 84.5°, Azi. 93.3°
 Casing Points
                       Measured            Vertical                                                                                      Casing              Hole
                        Depth               Depth                                                                                       Diameter           Diameter
                          (ft)               (ft)                                            Name                                          (in)               (in)
                              595.0                           13 3/8"                                                                          13.375             17.500
                            2,760.0           2,082.5         9 5/8"                                                                            9.625             12.250
 Design Annotations
                   Measured           Vertical                          Local Coordinates
                    Depth              Depth                   +N/-S                   +E/-W
                      (ft)              (ft)                    (ft)                    (ft)           Comment
                          682.0              682.0                        1.7                   5.0    KOP @ 682' MD
                         2,360.0           1,985.9                      152.6                885.1     Inicio Tangente @ 2360.0' MD / 69.03° Inc. / 80.89° Az.
                         2,465.0           2,023.9                      167.3                981.9     Fin de tangente @ 2465.0' MD / 68.55° Inc. / 81.88° Az.
                         2,742.0           2,081.0                      193.7               1,250.5    Ultimo survey fase 12-1/4" @ 2742.0' MD / 85.49° Inc. / 88.09° Az.
                         5,196.0           2,119.3                      194.6               3,702.7    Ultimo Survey Visto Fase 8-1/2" @ 5196.0' MD, c/Incl. 85.55°, Azi. 92.04°
                         5,272.0           2,125.8                      191.3               3,778.4    Proyeccion a fondo @ 5272.0' MD, c/Incl. 84.5°, Azi. 93.3°
 Checked By:                                                                Approved By:                                                          Date:
9/22/2016 6:24:36PM                                                                          Page 4                                                            COMPASS 5000.1 Build 81