WORLD-CLASS BASIN

WALTON MORANT LICENSE, JAMAICA

5.5 Million Acres. 7+ Bbls in Leads

CRETACEOUS & TERTIARY PLAY

Gaffney Cline Engineering

DRILL READY AFTER 7 YEARS OF STUDY

Cretaceous Carbonate Platform Structure

Clear Evidence of Source Rock

Initial Prospect Success Unlocks New Basin

OPERATORSHIP & MATERIAL INTEREST

Favorable Host Government Fiscal Terms

Test Well Cost: $30,000,000

Initial Prospect Yields $2.5B at $60 Oil

Test Targets 400 MMbbls to 900 MMbbls

Technically Sound with 3-D Seismic

DV 9038