1. Petroleum Economics & Management Program PEM delivered in line With IAEE Standards LECA LEXTON ENERGY CORPORATE ACADEMY Copyright 2013 Lexton Energy Incorporated PEM

2. The Feasibility of an Oil or Gas Discovery depends not only on the significance or size of the Reservoir, but also on factors such as the technology required to access the well, extract Hydrocarbons, availability of the Market and cost of transporting Hydrocarbons to the Market or Export Point. PEM Petroleum Economics & Management Program

3. Politics is a very Crucial Concern in the Global Oil and Gas Industry and Concerns have been raised, about the position of China as the Worlds fastest growing energy Consumer and by far the fastest growing Investor in Oil and Gas Acquisitions Globally, this will affect the Percentage stake China Holds in Global Oil Reserves and also Strengthen her Position in the Committee of Nations. PEM Petroleum Economics & Management Program Inset. CNOOC Workers waving China’s first deep sea oil rig in May, 2012

4. RECOGNISED CERTIFICATE OF COMPLETION with archival access of performance records, test and assessment scores available to Employers globally EASE OF RECRUITMENT – Participants who have undergone the PEM program often delight recruiters and employers within the Oil and Gas Industry with their ability to demonstrate an all round knowledge of the Industry necessary to make sound economic judgements to deliver on projects. BROAD VIEW OF THE GLOBAL OIL AND GAS INDUSTRY- Participants will gain access to insights that will enable them have a broad view of the global oil and gas industry. 1 YEAR COMPLIMENTARY ACCESS TO XCELL TM a cloud-based learning and performance support system populated with authoritative technical and operations media rich content for the Oil and gas Industry. PEM Petroleum Economics & Management Program

5. What are the Modules covered within PEM? 1.Energy Exploration 2.Production Contracts 3.IOC’S NOC’S & OSC’S 4.Energy Geopolitics 5.Government and Energy Reform 6.Energy Risk Management 7.Capital Budgeting 8.Derivatives in Energy Markets 9.Crude Oil Pricing For more information Visit www.lextonenergy.com.ng/learning

6. To request a demonstration of PEM or for further information please contact leca@lextonenergy.com.ng leca@lextonenergy.com.ng Visit us at Lexton Energy Training School 2 MB69 Abraham Adesanya Estate Lekki -Epe Expressway Lagos +234 (1) 45 397 90 Lexton Energy Field (Operations) MPN Complex Qua-Iboe Terminal Ibeno, Akwa-Ibom State +234 (0) 818 488 1151 LEXTON ENERGY CORPORATE ACADEMY LECA