1. “Neft va gaz quduqlarini sinash” Joint-Stock Company1

2. “Neft va gaz quduqlarini sinash” JSC practices:
oil and gas wells testing and workover;
provision of services for:
- water well drilling,
- well casing and cementing,
- horizontal and controlled directional drilling, and
- provision of services for drilling muds and cement groutings,
- surveying works.
“Neft va gaz quduqlarini sinash” JSC 2

3. 123, Mustaqillik street, Kasan town, Qashqadaryo region, zip 180800
Enterprise location
Registered address:
123, Mustaqillik street, Kasan town, Qashqadaryo region, zip
“Neft va gaz quduqlarini sinash” JSC

4. History of the JSC Creation
1965.
“The regional geological office for weld testing and casing“ was established
1996.
“Neft va qaz quduqlarni sinash” OJSC was established
2014.
“Neft va qaz quduqlarni sinash” JSC
“Neft va gaz quduqlarini sinash” JSC 4

5. Information on allotment of shares between “Neft va gaz quduqlarini sinash” JSC shareholders
Description
Share
(in thousand sum)
(in thousand USD)
(в %) 1
“Uzgeoburneftgaz” JSC
1  ,0
399,45
73,87 2
Physical persons ,0
141,29
26,13
TOTAL:
1  ,0
488,06
100,0
“Neft va gaz quduqlarini sinash” JSC 5

6. Human Resources
“Neft va gaz quduqlarini sinash” JSC 6

7. Personnel education and qualification
“Neft va gaz quduqlarini sinash” JSC

8. Manufacturing machines Special-purpose equipment
Production facilities
Manufacturing machines
Special-purpose equipment
name
quantity
А-50 8
Compressor unit 3
АК-60 1
Cementing unit 15
UPA-60 hoisting unit 2
CMN20 7
BA-15 4
Cementing monitoring station
АПS Sure Shot
others 34
“Neft va gaz quduqlarini sinash” JSC

9. Raw material resources base
No.
Material name
Supplier 1
Diesel
“Uzparta’minot” JSC,
“Texnik ta’minlash va butlash” LLP 2
АI-80 gasoline 3
Chemical agents 4
Constructional materials 5
Liquefied gas
“Mubarekneftegaz” SUE,
“Шshurtanneftgaz” SUE 6
Spare parts, automobile tires and batteries
“Siyob Agromash” MTP
“Neft va gaz quduqlarini sinash” JSC

10. Description of services provided
Range of Services No
Description of services provided
Potential customers 1
well testing
Enterprises of “Uzbekneftgaz” National Holding Company 2
oil and gas weld overwork 3
water well drilling 4
well casing and cementing 5
provision of services for drilling muds and cement groutings 6
horizontal and controlled directional drilling, and 7
Surveying works
“Neft va gaz quduqlarini sinash” JSC

11. Certificate and Licenses (Attachment No.1)
License US No dated 02 May 2015
for wholesale trade;
for transportation and industrial use of precursors.
License PR No dated 24 April 2015
“Neft va gaz quduqlarini sinash” JSC 11

12. Replacement of outdated equipment
Promising directions for modernization of “Neft va gaz quduqlarini sinash” JSC
Replacement of outdated equipment
(hoisting units А-50, АК-60, UPA-60, cementing unit TsА-320, 700, BA-15А etc.)
Purchase of mobile drilling rigs
(MBU-100, 125)
Introduction of new services
(oil and gas well drilling with MBU-100, 125mobile drilling rigs)
Provision of services for foreign companies on well workover and reconditioning 12
“Neft va gaz quduqlarini sinash” JSC

13. “Neft va gaz quduqlarini sinash”
JSC is the only enterprise in Uzbekistan for oil and gas well testing.
And it do not have organizations able to meet competition.
“Neft va gaz quduqlarini sinash” JSC

14. Competitive advantages Competitive deficiencies
SWOT - analysis
Competitive advantages
Competitive deficiencies
One of the largest regional bases and extensive network of own divisions
Average physical infrastructure in regional grass-root units of the Company
Qualified personnel in key positions in the central office and regional offices
A shortage of qualified professionals, high turnover of staff in grassroot units
Developed rules of services provided and the formed methodological procedures for most traditional types of works and services
Experience in the implementation of all kinds of works and services
Lack of experience in the implementation of works and services on the international market
Wide range of services 14

15. Competitive advantages Competitive deficiencies
SWOT - analysis
Competitive advantages
Competitive deficiencies
The composition of the company's shareholders and their support
Limitations during quick handling of issues related to the Company restructuring
Large capital base, high financial stability and reliability
Declining liquidity of the investments of the Company
Flexibility
The presence of a group of Customers (Clients) with long-term partnership relations with the Company
The widespread introduction of modern ICTs into company’s activity 15
“Neft va gaz quduqlarini sinash” JSC

16. SWOT - analysis Opportunities Threats
A significant untapped potential of market of foreign investments
The appearance of foreign enterprises on the domestic market
Rising incomes of workers and the society
Increased inflation (rising prices for services, etc.)
The loss of customers due to unfair competition
“Neft va gaz quduqlarini sinash” JSC 16

17. Basic financial indicators of enterprise performance in 2012-2016
in thousand USD
No.
Indicator description
2012
2013
2014
2015
2016  1
Volume of output
17651,6
22393,8
23624,1
18541,4
17847,3  2
Net sales revenue
14694,4
18026,7
20013,9
17405,6
16868,2 3
Other operating expenses
4467,8
4676,0
5488,1
4317,8
4267,6 4
Profit before tax
380,1
1270,9
321,8
272,1
274,7 5
Net profit
312,9
1020,5
201,1
163,6
170,8 17

18. Description of indicator
Estimated calculations on statutory capital return
and earnings per share
for
Description of indicator
2017
2018
2019
2020
2021
Statutory capital return
4,00%
4,39%
4,86%
4,90
4,95
Earnings per share (USD)
0,06
0,07
175,4
180,2
“Neft va gaz quduqlarini sinash” JSC 18

19. Saleable extra share 30,96 % (1 239 433 pcs.) 4 934 910.17 $
АО «Neft va gaz quduqlarini sinash» 19

20. Description of indicator
Planned financial indicators of enterprise performance
(USD exchange rate: 1USD = 3208 sum)
No.
Description of indicator
 2017
 2018
 2019
 2020
 2021  1
Volume of output
12001,2
12094,8
12219,5
13871,6
14963,0  2
Net sales revenue
468,0
523,7
545,5
561,5
576,2 3
Net profit
277,4
285,2
297,7
358,5
405,2
“Neft va gaz quduqlarini sinash” JSC

21. In 2017-2021, it is planned to further improve and promote investment activities of the Company by:
investment of funds from the sale of the Company’s new-issue shares in financial instruments of large and reliable domestic banks;
increasing the amount of work and services;
strengthening of monitor and analysis of activities of
Customers for whom the Company carried out works
and services.
The average annual income on invested funds will amount to 25% in 21
“Neft va gaz quduqlarini sinash” JSC

22. Contact Infromation: General issues: Deputy CEO
Xolmurodov Xayit Toshmurodovish
Acquisition issues:
Boboniyazov Sunnatillo Salohiddinovich
Phone/Fax: (0375) ,
Company’s website: ngqs.uz 22

23. Attachment No.1
CEO F.R. Shamsiddinov