CNOOC:10.

174898/IGSR00267: 2021-672889

Issue Date: 15th September, 2023

RefNo:AS003783-TH/009/2023

FINAL APPROVAL FOR LOAN DISBURSEMENT

Attn: Pointone Oil Solution,

This is to bring to your notice that after due diligence, confirmation and verification on your submitted
purchase order with reference number: GGSL/NBLCO/FCO/06/2023, documents and proof of funds,
we hereby inform you that our board has met with representatives of the production and sales
department of our company and a resolution was arrived where your company's purchase order for
the requested product (CHINESE LIGHT CRUDE OIL- (OFF-OPEC) approved.

By this approval, the mentioned product (CHINESE LIGHT CRUDE OIL- (OFF-OPEC) at the delivery
amount of 6,000,000 barrels has been approved for commencement of production, an official directive
has been issued to the drilling and engineering department through an official memo from the board.

You are hereby that the product will be made available loading into the transportation vessel that will
convey the products to the storage facility where you can carry out inspection of the product. With the
establishment of the escrow arrangement we believe we now have full confidence and confirmation of
payment upon delivery of the product to your company.

On behalf of the entire executive board management and staff of the CNOOC Limited, we wish to say
thank you for your patronage and we look forward to an extended business relation with your
company.

Thank you for your understanding and cooperation.

Yours Sincerely.

Yours Sincer
By order of the Execut
CNOOC Limited
Wang Dongjin
Chairman Board of Directors

China National Offshore Oil Corporation (CNOOC}

No.25 Chaoyangmenbei Dajie, Dongcheng District, Beijing, 100010, P.R. China