QOUTE

CONTACTO
ERICH CROES
CLIENTE

AFE Number:
Well Name & No
Spot/Footage (Surf):
Objective #1/Depth
Objective #2/Depth
Objective #3/Depth

Drilling Well Cost Estimate P

Authorization for Expen
Petram Oil & Gas
Attention:

Site Prepration and Mai

JDE No

190-004
190-005
190-006
190-007
190-008
190-009
190-010

Drilling/ Completion
JDE No

191-005

191-006
191-007
191-008

Well Evaluation
JDE No

192-110
192-111

192-112
192-113
192-114
192-115
192-116
192-117
192-118

Casing Services
JDE No

193-105
193-106

193-107
193-108
 Cementing Servic
JDE No

194-118
194-119

194-120
194-121

Production Servic
JDE No

195-345
195-346

195-347
195-348

Production Comple
JDE No

196-021
196-022

196-023
196-024

Surface Equipme
JDE No

197-121
197-122

197-123

197-124

197-125

197-126
 197-127

Pricing valid until December 31, 2021

TERMS AND CONDITIONS:

This quotation is not valid for shipments, sales or re-sales of Petram Oil and Gas,, LLC products to or the rendering of
or any denied or restricted party, or for any prohibited end-use.  This quotation is subject to Customer’s disclosure of

The products or services (collectively “Work”) specified herein are sold and provided by the applicable Petram Oil an
applicable laboratory services and product sales agreement, master services, supply, or other agreement between P
such agreement exists or applies to the Work (and, for the avoidance of doubt, whether or not a signature is receive
Petram Oil and Gas,, LLC applicable terms and conditions available at https://www.petramoilandgas.com/commerci
incorporated herein by reference for any and all purposes as fully as though set forth verbatim.  A paper copy of the

CLIENT’S ACCEPTANCE OF PROPOSAL:

The costs shown on this AFE Form are estimates only. Non-operators should not consider these estimates as establi
Erich Croes

Petram Oil and Gas, LLC

ecroes@Petramoilandgas.com
Approved by:
Name: ___________________________________________________________ Signature: ___________________
Billing Address: ___________________________________________________ P.O. #:_______________________
AFE # / Cost Center: _______________________________________________ Date: _______________________
© Copyright 2021 Petram oil and gas - ALL R

Created By: JA 05-13-2021 / Revised By: JA

 QOUTE
CONTACTO
ERICH CROES
CLIENTE

E Number:
ell Name & No
ot/Footage (Surf):
jective #1/Depth
jective #2/Depth
jective #3/Depth

Drilling Well Cost Estimate Proposal 202

Authorization for Expenditure
Petram Oil & Gas
ention:

Site Prepration and Maintaince

Service Description

Permits & Surveys

Location Roads, Pits
Pit Liner
Brine Water
Conductor/ Mousehole
Site Restoration
Roustabouts and Labor

Drilling/ Completion Rig

Service Description

Rig move cost

Drilling work Fuel, Bits,Rig , men downhole tools (2300 ft )

Wellsite Supervision
Welsite Trailer

Well Evaluation
Service Description

Open Hole Logging 2000ft

Quad Combo-Logging (BAKER HUGES)

XMAC Geoscience Processing (BAKER HUGES)

MREX-Magnetic Resonance Logging & Processing (BAKER HUGES)
Optional-STAR Resistivity Imaging Logging and Processing (BAKER HUGES)
Formation Multi-tester (BAKER HUGES)
Mug logging

Casing Services
Service Description

Casing Crew
SURFACE CASING 8-5/8 (15.00/ft - 300ft)

PRODUCTION CASING/LINER 4- 1/2 ($6.00/ft - 2000')

Forklift
 Cementing Services
Service Description

Surface Casing
Long String

DV Tools and Float Equipment

Production Services
Service Description

Fracturing
Acidizing

Perforating 70 ft

Production Completion
Service Description

Tubing 2 3/8"
Downhole Pump

Sucker Rods 3/4 "

Pump jack

Surface Equipment
Service Description

Well Head
Oil Tanks

Water Tanks

Heater Treater

TREATING AND SEPARATION FACILITIES

FLOWLINES, PIPING, FITTINGS

 CONTINGENCY

icing valid until December 31, 2021

RMS AND CONDITIONS:

s quotation is not valid for shipments, sales or re-sales of Petram Oil and Gas,, LLC products to or the rendering of services in or
any denied or restricted party, or for any prohibited end-use.  This quotation is subject to Customer’s disclosure of the ultimate en

e products or services (collectively “Work”) specified herein are sold and provided by the applicable Petram Oil and Gas,, LLC su
plicable laboratory services and product sales agreement, master services, supply, or other agreement between Petram Oil and
ch agreement exists or applies to the Work (and, for the avoidance of doubt, whether or not a signature is received on the follo
tram Oil and Gas,, LLC applicable terms and conditions available at https://www.petramoilandgas.com/commercial-terms-and-
orporated herein by reference for any and all purposes as fully as though set forth verbatim.  A paper copy of the Terms and Co

ENT’S ACCEPTANCE OF PROPOSAL:

e costs shown on this AFE Form are estimates only. Non-operators should not consider these estimates as establishing any limit
ch Croes

tram Oil and Gas, LLC

oes@Petramoilandgas.com
proved by:
me: ___________________________________________________________ Signature: ______________________________
ing Address: ___________________________________________________ P.O. #:__________________________________
E # / Cost Center: _______________________________________________ Date: ___________________________________
© Copyright 2021 Petram oil and gas - ALL RIGHTS RESERVED

ated By: JA 05-13-2021 / Revised By: JA

 CONFIDENTIAL

DATE: 10-FEB-2021 NÚMERO: 0000567

TIEMPO DE ENTREGA MODALIDAD DE PAGO VALIDEZ
3 WEEK CONTADO 5 DIAS CONTINUOS
PURCHASE ORDER BANK ACCOUNT
DICORM C.A RIF;J-31085856-0

DATE
Prospect:
County:
Sec-Twp-Rge:
State:
State:
Total Depth:

t Estimate Proposal 2021

on for Expenditure
am Oil & Gas
may 13 2021

tion and Maintaince

Unit Currency Unit Cost Estimated Quantity Cost

each USD - $ $ 3,000.00 1 $ 3,000.00

each USD - $ $ - 0 $ -
each USD - $ $ - 0 $ -
each USD - $ $ - 0 $ -
each USD - $ $ - 0 $ -
each USD - $ $ - 0 $ -
 each USD - $ $ - 0 $ -
Subtotal $ 3,000.00
Completion Rig
Unit Currency Unit Cost Estimated Quantity Cost

per project USD - $ $ 10,000.00 1 $ 10,000.00

per project USD - $ $ 43,700.00 1 $ 43,700.00

per project USD - $ $ - $ -
per project USD - $ $ - $ -
Subtotal $ 53,700.00

l Evaluation
Unit Currency Unit Cost Estimated Quantity Cost

per project USD - $ $ - 1 $ -

per project USD - $ $ 16,881.50 1 $ 16,881.50

per project USD - $ $ 7,137.40 1 $ 7,137.40

per project USD - $ $ 12,433.05 1 $ 12,433.05
per project USD - $ $ 8,277.40 1 $ 8,277.40
per project USD - $ $ 12,289.60 1 $ 12,289.60
per project USD - $ $ - $ -
per project USD - $ $ - $ -
by quotation USD - $ $ - $ -
Subtotal $ 57,018.95
ng Services
Unit Currency Unit Cost Estimated Quantity Cost

per project USD - $ $ 4,500.00 1 $ 4,500.00

ft USD - $ $ 4,500.00 1 $ 4,500.00

ft USD - $ $ 12,000.00 1 $ 12,000.00

per project USD - $ $ 1,500.00 1 $ 1,500.00
Subtotal $ 22,500.00
nting Services
Unit Currency Unit Cost Estimated Quantity Cost

per project USD - $ $ 6,500.00 1 $ 6,500.00

per project USD - $ $ 20,000.00 1 $ 20,000.00

per project USD - $ 1 $ -

per project USD - $ $ - 1 $ -
Subtotal $ 26,500.00
ction Services
Unit Currency Unit Cost Estimated Quantity Cost

per project USD - $ $ - 1 $ -

per project USD - $ $ - 1 $ -

per project USD - $ $ 100.00 70 $ 7,000.00

per project USD - $ $ - 1 $ -
Subtotal $ 7,000.00
ion Completion
Unit Currency Unit Cost Estimated Quantity Cost

ft USD - $ $ 4.25 1700 $ 7,225.00

und USD - $ $ - 1 $ -

ft USD - $ $ 2.05 1700 $ 3,485.00

und USD - $ $ - 1 $ -
Subtotal $ 10,710.00
ce Equipment
Unit Currency Unit Cost Estimated Quantity Cost

each USD - $ $ - 1 $ -
each USD - $ $ 10,500.00 1 $ 10,500.00

each USD - $ $ 8,080.00 1 $ 8,080.00

each USD - $ $ - 1 $ -

each USD - $ $ - 1 $ -

each USD - $ $ - 1 $ -
 each USD - $ $ - 1 $ -
Subtotal $ 18,580.00

TOTAL $ 199,008.95

e rendering of services in or otherwise benefiting, directly or indirectly, Cuba, Iran, North Korea, Sudan, or Syria,
disclosure of the ultimate end-user(s), end-destination and end-use of the requested products.

Petram Oil and Gas,, LLC subject to and in accordance with the terms and conditions of the most current
ent between Petram Oil and Gas,, LLC and Customer (“Master Agreement”) covering the Work, if any.   If no
ture is received on the following page), the Work is sold and provided subject to and in accordance with
om/commercial-terms-and-conditions/ (“Terms and Conditions”).   Those Terms and Conditions are
er copy of the Terms and Conditions is available upon request.

tes as establishing any limits on the monies which will be required to perform the proposed operation.

_______________________
________________________
________________________
oil and gas - ALL RIGHTS RESERVED
API PERFORATING