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GEORGIAN OIL AND GAS LIMITED

Georgia Oil & Gas | Encompassing both production, development and exploration projects with large scale upside.

http://www.georgiaoilandgas.ge/

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GEORGIAN OIL AND GAS LIMITED | georgiaoilandgas.ge Reviews
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Georgia Oil & Gas | Encompassing both production, development and exploration projects with large scale upside.
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GEORGIAN OIL AND GAS LIMITED | georgiaoilandgas.ge Reviews

https://georgiaoilandgas.ge

Georgia Oil & Gas | Encompassing both production, development and exploration projects with large scale upside.

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1

Located in the productive Kura Basin and served by existing infrastructure including three pipelines | Georgia Oil & Gas

http://www.georgiaoilandgas.ge/georgia.asp

Production, Development and Exploration in Georgia". Georgia has positive fiscal regimes and the country benefits from stable, simple, transparent and investor friendly environment. Production Sharing Contracts (‘PSCs’) and fiscal terms with regards to oil are positive for investors. Cost Oil - max 50% of the total available oil and gas. Profit Oil – 40% before payback; 35% after payback. Corporation Tax - 15% (paid by National Oil Company from its share of oil). No VAT and property tax.

2

Located in the productive Kura Basin and served by existing infrastructure including three pipelines | Georgia Oil & Gas

http://www.georgiaoilandgas.ge/markopi.asp

Production, Development and Exploration in Georgia". Prospective acreage located between the Norio and Satskhenisi fields hosting resources in the same uplifted (Chokrak and Maikop formations) which are producers in Norio and Satskhenisi fields. GOG is exploring this block together with the Norio and Satskhenisi fields and to date has acquired 50 km 2-D seismic. In its 2010 study, Schlumberger estimated 39 MMbbl contingent STOIIP in Chokrak and 326 MMbbl Prospective STOIIP in Maikop formation.

3

Corporate Structure | Located in the productive Kura Basin and served by existing infrastructure including three pipelines | Georgia Oil & Gas

http://www.georgiaoilandgas.ge/corporate-structure.asp

Production, Development and Exploration in Georgia". JSC Norio Operating Company. Norio Oil and Gas S.A. (Panama). Freedom Square 4a Georgia Oil and Gas 995 32 2989732; 995 32 2989735; 995 32 2989738 info@georgiaoilandgas.ge.

4

Shareholdings | Located in the productive Kura Basin and served by existing infrastructure including three pipelines | Georgia Oil & Gas

http://www.georgiaoilandgas.ge/shareholdings.asp

Production, Development and Exploration in Georgia". Norio Oil Company JSC. Norio Oil and Gas S.A. (Panama). Freedom Square 4a Georgia Oil and Gas 995 32 2989732; 995 32 2989735; 995 32 2989738 info@georgiaoilandgas.ge.

5

Located in the productive Kura Basin and served by existing infrastructure including three pipelines | Georgia Oil & Gas

http://www.georgiaoilandgas.ge/block-xig.asp

Production, Development and Exploration in Georgia". A 289 sq km block in a well-known oil and gas region surrounded by oil producing blocks 18 km west and on trend to the largest discovery in Georgia (Samgori/210MMBbls and still producing). Recent seismic data acquired displays continuation of the Samgori geological system with a highly prospective conventional, Middle Eocene under-thrust play. GOG is planning to spud a well in Q1 2015 and will be targeting initial production of c.700 BOPD.

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GEORGIAN OIL AND GAS LIMITED

Georgia Oil and Gas Limited. Georgia Oil and Gas Limited is a British Virgin Islands incorporated company, which is focused on. Upstream oil and gas operations in the State of Georgia. Company’s objective is to develop Georgian local energy resources using advanced tecThus our goal is to become an oil and gas producer throughout Georgia. We believe that based on the valuable experience of. Georgia Oil and Gas Limited.

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The Georgia Oilmen's Association

Phone 770.995.7570. Fax 770.995.9757. Raquo; Older News. Developing Professional Standards of Service. Our goal is to provide you with useful information about our company that we hope makes it easier for you to do business with us. The Georgia Oilmens Association, founded in 1933, is a state trade association dedicated to developing and encouraging high professional standards of service and conduct among petroleum wholesalers. 68th Annual Convention Ritz-Carlton, Amelia Island, Florida.

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