1. 2014 Annual Results Presentation

2. Disclaimer DISCLAIMER This document does not constitute, or form part of any offer for subscription or sale of, or solicitation of any offer to subscribe for or sale of any securities SPT Energy Group, nor shall it be construed as calculated to invite any such offer, nor shall it form the basis of, nor can it be relied on in connection with, or act as an inducement to enter into any contract or commitment whatsoever. Accordingly, any decision in connection with the subscription or acquisition of securities of the Company pursuant to or in connection with any offering must be made solely on the basis of the information to be contained in the prospectus or other offering circular to be issued by the Company in connection with such offering; and no representation is made by the Company in respect of any information in this document, except as contained in such prospectus or offering circular. FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of the SPT Energy Group, the oil and gas industry in the PRC and certain of the plans and objectives of the management of the Company. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of performance of the Company to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such forward-looking statements were based on assumptions regarding the Company’s present and future business strategies and the political and economic environment in which the Company and its subsidiaries operate currently and will operate in the future. Reliance should not be placed on these forward-looking statements, which reflect the view of the Company’s management as of the date of this presentation only. CONFIDENTIALITY This document is given to you on a confidential basis and must not be passed to, or their contents disclosed to, any other person and no copy shall be taken hereof.

3. Agenda Market Review Business Overview Financial Review Business Highlights Future Outlook Q&A

4. Market Review

5. Market Environment From late 2013, driven by the change in operational strategy from “Pursuing Productivity” to “Efficiency Orientation”, the oil companies in China began to selectively cut spending in their major oil-fields, and paid more attention to the price of products and services. From 2H2014, initiated by the market concerns of the oil glut, the oil prices kept falling by nearly 50% from its peak in June. International oil companies began to significantly reduce their exploration and development investment. Most oil companies are unable to keep operating at the current oil price level in the long run; The oil and gas demand, especially demand of the natural gas, in China market will keep rising; The change to “Efficiency Orientation” strategy requires qualified oil-field services providers; The central government of China has promised to break monopoly and promote the market openness, transparency and fairness; As the testing ground for oil and gas reform, Xinjiang Autonomous Region will have more opportunities. The Group remains cautious optimism to the oil-field services market from the long-term perspective Despite the difficult market environment

6. Business Overview

7. 7 Major Operation Achievements in 2014 The Group and Halliburton jointly established HDTD, a fracture stimulation services company in Xinjiang Uygur Autonomous Region of China. HDTD holds a leading edge in terms of equipment and technology; Entered into an important agreement with Tuha Oil-field Company to provide 6 workover rigs capacity’s services in 2015. The Group has secured a continuing service contract in Tuha oilfield for the first time; Succeeded in bidding an integrated project in Sichuan Anyue gas-field, it is the second time to win an integrated project with great difficulty in drilling series; Been granted the agent license of GE’s oil related equipment sales and services in part of China market; Further achievement in shale gas projects: continued to provide oil-base mud services to 7 shale gas wells in Sichuan basin successfully. In addition, the Group and Halliburton jointly won a fracturing tender for Shenhua Group’s Baoye-1 shale gas well. Successfully expanded the oil reservoir and drilling business for Geo-Jade Petroleum Corporation in Kazakhstan, a solid step to optimize the client concentration in Kazakhstan market; Won a contract of 40 set well completion tools services in Turkmenistan market, began to provide oil- reservoir services and has planned to introduce more service lines in Turkmenistan market Stable operation of conventional oil reservoir business in Iraq market and started well completion related business; Began to pursue the business distribution in East Africa market.

8. Financial Review

9. Revenue and Profit The decreases in revenue and net profit at the same time were mainly due to: The reduction in investment of domestic Oil and Gas industry and the global oil prices plunge in the second half of 2014 jointly forced the major clients to cut their exploration and investment expenditures Intensified market competition that brought down the Group’s profit margin The increase of employee benefit expenses The devaluation of KZT in February 2014 (RMB Million)For the year ended 31 December 20132014Change Total Revenue2,402.82,187.0(9.0%) Revenue - PRC1,036.9938.3(9.5%) Revenue - Overseas1,365.91,248.6(8.6%) Operating Profit 414.1204.2(102.8%) Profit Attributable to Equity Owners of the Company 300.4116.2(61.3%)

10. Revenue Breakdown Revenue Breakdown by Business Segment （ RMB’000 ） Revenue Breakdown by Geography （ RMB’000 ）

11. EBITDA Breakdown by Business Segment （ RMB mn ） EBITDA

12. Condensed Consolidated Cash Flow Statement （ RMB mn ） 20142013 Net cash (used in)/generated from operating activities (90.8)253.4 Net cash used in investing activities (206.1)(154.9) Net cash generated from/(used in) financing activities 265.6(116.1) Net decrease in cash and cash equivalents (31.3)(17.6) Cash and cash equivalents at end of the year 595.0636.0

13. Business Highlights

14. Reservoir Services Penetration into new market: In Turkmenistan, the oil reservoir team has performed the hermetic seal testing services to the client’s 8 wells. In Kazakhstan, the oil testing business has entered into TBM company’s Zaysan oilfield and the oilfield of Geo-Jade Petroleum Corporation. In addition, the Group also began to provide continuous conventional services in Iraq market. Cooperation with GE: The Group has obtained the agent license of GE’s oil-related equipment sales and services in certain areas of China. The cooperation may complement the Group’s current oil-related equipment maintenance business and will help the group help the Group form integrated oil-related equipment services business line from sales to services and maintenance. Business Highlights in 2014 Revenue (RMB mn) 20132014YOY Change PRC 298.7332.811.4% Overseas 500.6471.1(5.9%) Total799.3803.90.6% Revenue Breakdown

15. Well Completion Services The Group has successfully performed the 35 sets well completion tools contract in Amu Darya gas field of Turkmenistan and the 38 sets well completion tools contract in Anyue gas field of China’s Sichuan basin. In addition, the Group has won a 40 set well-head tools contract in Turkmenistan. The Group and Halliburton jointly established a fracturing company in Xinjiang Autonomous Region. The company will integrate Halliburton’s advanced fracturing technology, high-end equipment and materials and the Group’s deep understanding of the geological conditions and rich market experiences and provide the clients with high- quality fracturing services. The Group and Halliburton have jointly won a tender and successfully provide fracturing services for one shale-gas well of China Shenhua Group. Business Highlights in 2014 Revenue (RMB mn) 20132014YOY Change PRC191.7192.20.3% Overseas458.1373.6(18.4%) Total649.7565.8 (12.9%) Revenue Breakdown

16. Drilling Services Business Highlights in 2014 Revenue (RMB mn) 20132014YOY Change PRC 546.6413.4(24.4%) Overseas 407.2403.9(0.8%) Total953.8817.3 (14.3%) The Group successfully completed 8 wells drilling work in China’s Erdos basin, including 6 vertical wells and 2 horizontal wells. Won an integrated project in Anyue oilfield of China’s Sichuan basin. This is the second time that the Group has won an integrated project. The Group will provide services from the geological research and plan design to well completion and gas testing, covering the whole process of the well’s exploration and development until production. Won a continuous project in Tuha oilfield. The Group has entered into an agreement with Tuha Oilfield Company and will provide continuing workover services with 6 workover rigs in 2015. Revenue Breakdown

17. Research & Development Achievements The Group signed a strategic alliance agreement with China University of Geosciences (Beijing) and established the joint R&D center. The Group set up 12 core R&D projects including high temperature logging while drilling (LWD) tools and etc, which cover oil and gas reservoir, drilling, logging, completion, stimulation, testing and waste disposed. The Group completed the development of oil, water swellable and composite packer series and its products were widely applied in the Oil and Gas engineering market in Central Asia.

18. Future Outlook

19. Our Plans in 2015 Adjust the resources distribution by leaning towards overseas market, especially enhance the business expansion of local oil companies in overseas market; Continue the efforts to penetrate new markets and new business lines as well as keep a close eye on our clients’ needs and provide quick services. Enhance the monitoring and management of cash flow, and control asset structure of the Group within a reasonable range; Insist on asset-light strategy and optimize investment structure; Optimize cost structure, enhance the control of costs and expenses, and implement measures to broaden income sources, reduce costs; Strengthen systematic, internal and external risk management and quality control Focus on R&D work and collect core technologies, develop our ability to provide integrated services to clients, integrate essential resources and technology in various ways and restore for meeting the demand of development. Strengthen Market Expansion Further Improve Internal Management Level Focus on R&D and Develop Integrated Services

20. Q&A