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1. Conferência Internacional de Energia & Recursos Geológicos AIP & EnergyLiveExpo, Centro de Congressos de Lisboa, 21 Março 2013 www.partex-oilgas.com Maria Teresa Ribeiro, E&P Manager, PartexOilandGas

2. PARTEX – GEOGRAPHICAL AREAS • Operations in Oil and Gas Upstream Activities • Participations in Concessions and JV Worldwide • Exploration, Development, Production and Sales • Organization by Geographical Areas

3. KAZAKHSTAN PARTEX (KAZAKHSTAN) CORP (DUNGA) – onshore Oil production PORTUGAL PARTEX (IBERIA) CORP (PENICHE ) – deep offshore expl (ALGARVE) – Gas offshore expl UAE PARTICIPATIONS & EXPLORATIONS CORPORATION (ADCO) - onshore Oil production PARTEX GAS CORPORATION (GASCO) – LPG & Nafta production ALGERIA PARTEX (ALGERIA) CORPORATION (AHNET) – tight Gas development BRAZIL PARTEX (BRAZIL) CORPORATION (COLIBRI) - onshore Oil production (CARDEAL) – onshore Oil production (BM-S-10) – deep offshore expl (SEAL-9) – offhoreexpl ANGOLA PARTEX (ANGOLA) CORP (BLOCK 17/06) – deep offshore pre-development OMAN PARTEX (OMAN) CORPORATION (PDO) – onshore Oil production (OLNG/QLNG) – LNG production (MUKHAIZNA) – heavy Oil production PARTEX OIL AND GAS (HOLDINGS) CORPORATION PARTEX SERVICES PMOS PORTUGAL MIDDLE EAST

4. PARTEX - PARTNERS PORTUGAL • Petrobras/ GALP (Peniche) • Repsol (Algarve, Peniche) • ARGELIA • Sonatrach • Total KAZAKHSTAN (Dunga) • Gov. of Kazakhstan • Maersk • Oman Oil Co. BRAZIL • Petrobras • British Gas (in BMS-10) OMAN (PDO) • Gov. of Oman • Shell • Total OMAN (Mukhaizna) • Government of Oman • OXY • Oman Oil Co. • Liwa Energy • Shell • Total OMAN (OLNG) • Government of Oman • Shell • Total • Korea LNG • Mitsui • Mitsubishi • Itochu ANGOLA (Block17/06) • Sonangol P&P • Total (TEPA) • SOMOIL • Falcon Oil; SSI; Acrep UAE (ADCO) • ADNOC • BP • ExxonMobil • Total • Shell • UAE (GASCO) • ADNOC • Shell • Total January 2013

5. Dunga Field PARTEX – OIL PRODUCTION UAE ADCO OMAN PDO OMAN MUKHAIZNA KAZAKHSTAN DUNGA • ADCO • Government 60% • ADPC: • ExxonMobil 9.5% • Shell 9.5% • BP 9.5% • Total 9.5% • Partex 2% • BLOCO 53 • Government/ OOCEP 20% • Oxy MKZ 45% • Liwa Energy 15% • Shell: 17% • Total 2% • Partex: 1% • PDO • Government 60% • POHOL: • Shell 34% • Total 4% • Partex 2% • DUNGA FIELD • Maersk Oil KZ 60% • OOCEP 20% • Partex 20% 5

6. PARTEX – GAS PRODUCTION UAE - GASCO OMAN - OLNG • OLNG first export shipment in April 2000

7. PARTEX – BRAZIL CARDEAL FIELD COLIBRI FIELD • ONSHORE --- STATUS --- • POTIGUAR BASIN • BT – POT – 9 (5wells– Relinquished) • BT – POT – 21 (POT-512/POT-558) • BT – POT – 34 (POT-513/POT-514/POT-557/POT-559) • BT-SPOT-T4 (POT-556/POT-601) (4wells– Relinquished) Oil Production • OFFSHORE • SERGIPE-ALAGOAS BASIN (Waiting Environmental Licenses for Drilling Phase) • BM-SEAL-9 BRASIL Brasília Rio de Janeiro • ONSHORE • ESPÍRITO SANTO BASIN (6 wells – Relinquished) • BT-ES-14 • BT-ES-34 • OFFSHORE • SANTOS BASIN (2 wells – Evaluation Extended Period) • BM-S-10 BM-S-10

8. Block 17/06 PARTEX - ANGOLA BLOCK 17/06

9. PARTEX - PORTUGAL CAMARÃO PENICHE AMEIJOA ALGARVE OSTRA MEXILHÃO

10. FRACTURED RESERVOIRS • Fractures Simulation • Data Integration • Upscaling • Incorporationof • Dynamic Data RESERVOIR CHARACTERIZATION RESERVOIR SIMULATION • Model Definition • Integration of Lab Data • Integration of Dynamic Data • Automatic History Match • Prediction Scenarios • Geostatistics • Multidimensional Analysis • Stochastic Simulation GEOLOGICAL AND GEOPHYSICAL MODELLING • Seismic Inversion • Simulations of rock facies • constrained to Seismic data COMPOSITIONAL SIMULATION ASSET INTEGRITY MANAGEMENT • No. ofComponents • EquationofState • ModelDefinition/ Work • Inspection & Corrosion • QualityControl • Material Selection ADVANCED PVT PARTEX TECHNOLOGY AREAS • FluidSampling • Data Validation • LabStudies OPERATIONS • Crude DegasserTechnology • Drilling • ProductionTechnology • Artificial Lift • GasPlants • Water Bacterial Treatment • EOR • GasInjectionProjects • Microbial Processes - MEOR R&D Projects