GOLDPETROL UNLIMITEDMYANMAR CREDIT REPORT(REPORT DATE: JANUARY 2014)

COMPANY OVERVIEWCOMPANY NAMEGOLDPETROL UNLIMITEDFORMER NAMEDATE OF CHANGE

NANA

TRADE NAMENADATE OF INCORPORATION

14/01/1998
REGISTRATION NO.

XX7FC/1997-1998 (Ministry of National Planning & Economic Development, Directorate ofInvestment & Company Administration)
TYPE OF COMPANY

Private Company with Limited Liability
REGISTERED OFFICE

0602, 6Fl Sakura Tower 339 Bogyoke Aung San Rd, Kyauktada, Yangon
TELEPHONE

FACSIMILEEMAIL / WEBSITE[+95] 1-XXX432[+95] 1-65XXX7www.geopetrolunlimited.com
petrounlimited@goldpetrolunlimi
ted.com

BUSINESS ACTIVITIESManufacturing - Finished products.
AUDITORSNA
CHIEF EXECUTIVE

Mr. Christian Flammier (French)
STAFF STRENGTH

20TURNOVER

NA

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
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COMPANY OVERVIEWAUTHORISED CAPITALNA
PAID UP CAPITALNA
BANKERSNA
LITIGATIONNA
PAYMENT BEHAVIOURNA
STATUS

Trading
LISTED

STOCK EXCHANGE

No

NA

CREDIT LIMIT

USD 70,000

CREDIT RATING

DP6

Where no financial information is available credit assessments are arrived at after taking into
consideration the reputation, morality and payment & legal history, among other factors.
[All figures quoted in US Dollar (USD) unless otherwise stated]

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
3

BUSINESS PROFILE /OPERATIONS
Company Background
Registration Number

XX7FC/1997-1998 (Ministry of National Planning & EconomicDevelopment, Directorate of Investment & CompanyAdministration)

Address

06XX, 6Fl Sakura Ville XX Bogyoke Aung San Rd, Kyauktada,YangonTelephone Number[+95] 1-XXX432

Facsimile[+95] 1-65XXX7Internetwww.geopetrolunlimited.com

Emailpetrounlimited@goldpetrolunlimited.com

History
Date Mar, 2003. Acquired significant participating interest in 2 major producing Oil fields locatedin the central Sub-Salin basin of Myanmar covering an area of 1800 sq. kilometre namely
Yenangyaung and Chauk.
Subject was previously located at 133 Mawyawaddy Lane 8, 1/2 Pyad Rd, Mayangone, Yangon.
Operations
Activities:

Gas production - Manufacturing.Oil production - Manufacturing.

The primary business focus of Subject is Manufacturing - Finished products.
An integral part of the core business includes: Distribution.
SIC product classification & activity
1382 Oil/Gas Field Exploration Svc
4925 Petroleum Gas Products

Sales
Domestic Sales 100%
Purchases
Local Purchases 100%

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
4

BUSINESS PROFILE /OPERATIONSPayment
Selling
Local

Cash on delivery (COD)
Credit - Unsecured 30~60 days

Purchasing
Local

Cash on delivery (COD)
Credit - Unsecured 30~120 days

Employees
Staffs employed: 20
Facilities
Premises

1 Office Premises.

Registered Office06XX, 6Fl Sakura Ville XX Bogyoke Aung San Rd, Kyauktada, Yangon
Branches
XFl Sakura Ville X9 Bogyoke Aung San Rd, Kyauktada, Yangon
Protest and Non-Payments
A search of our payment default database proved negative.
Reputation
Reference checking for the purpose of establishing the Subject’s reputation within therespective industry failed to reveal any adverse information.
Public Record
No adverse data is registered.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. Inaccepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
5

SHAREHOLDERS AND MANAGEMENT
Authorized Capital
Issued & Paid up Capital

NANA

Shareholders
Shareholder
Percentage of Shares

INTERRA LTD
60 %Shareholder
Percentage of Shares

WATER CO LTD
40 %Management
Key personnel / Director: Mr. Christian FlammierManager: Mr. Handoko (Japanese) Manager, Department; Country
Manager: Mr. Zu-xi (Chinese) Manager, Department; Country
Manager: Mr. Ye Mya (Myanmar) Officer, Department; Administration
Manager: Mr. Stevens (American) Representative, Department; Executive

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Divisionat: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
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RELATED COMPANIESParent Company
INTERRA LTD

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
7

BANKING AND FINANCIAL DATA
BankersNAFinancial Data
Based on the corporate laws of Myanmar, legal entities which are Private Company with Limited
Liability are not required to make public disclosure of their annual financials. Therefore nofinancials are available for Subject.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. Inaccepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
8SUMMARY
Subject is a Private Company with Limited Liability registered on 14/01/1998.
Reference checking for the purpose of establishing Subject’s reputation within the respective
industry failed to reveal any adverse information.
Based on the corporate laws of Myanmar, legal entities which are Private Company with Limited
Liability are not required to make public disclosure of their annual financials. Therefore nofinancials are available for Subject.
In view of the above, Subject’s credit risk is DP6.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
9RATING EXPLANATION/ SCORESHEET
Default Frequency<0.1%DP Credit
RatingDP1

0.1% - <0.2%DP2

0.2% - <0.4%DP3

0.4% - <1.0%DP4

1.0% - <3.0%DP5

3.0% - <8.0%DP68% - <14.0%

DP7

14.0% - <30%

DP8Explanation

Status*

Possess extremely strong financial
fundamental with high incentive
and capability for repayment ofobligations.
Has strong financial health withabove average capability formeeting payments.
Stable financial health and above
normal operational environment.
General unfavourable factors arenot likely to cause distress.
Overall financial health andoperation are considered normal.
Capable of meeting its
commitments. May be susceptible
to difficulties in the event ofdrastic changes in economicconditions.
Adequate financial capabilities tomeet normal commitments.
However, adverse changes in
economic condition could lead to
doubtfulness in the ability to pay.
Sufficiently sound financial
ability to meet normal
obligations. Capabilities inreacting to adverse operational
condition are limited orconsider doubtful.
Weakness in financial ability isapparent. Vulnerable tounfavourable changes in theeconomic and operational
environment and is likely to fall
into a weakened financial
condition.
Apparent weakness in financial
health with limited capability tomeet its obligations especially inthe event of any adverse changes
in operating environment.

Premium

Premium
StrongStrongModerate

Moderate

MonitorMonitor*DP 1 to DP 4 is comparable to “Investment Grade” rated securities, and DP 5 to DP 6 iscomparable to “High Yield” rated securities, and DP 7 to DP8 is comparable to “High Risk” rated
securities.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
10

DPI’S COMMENTS & RATING* The rating is an opinion of Subject’s capability and ability based on prevailing conditions
and information made available to DP Information at the time of rating.
* The rating is not a recommendation to buy or sell nor is it an endorsement or nonendorsement of an issue.
* The information received has been obtained from sources believed to be reliable, but its
accuracy or completeness is not guaranteed.
* DP Information does not assume any part of the requester’s risk in the use or non-use ofthis rating.
* No part of this report may be reproduced, stored in retrieval system or transmitted, in
any form or by any means.
* DP Information’s ratings are subject to change due to any unforeseen and/or foreseen
circumstances

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, OR TO ANY OTHERPARTY. It is furnished by DP INFORMATION NETWORK PTE LTD| Part of the Experian Group ("DP Info") in STRICTCONFIDENCE at your request and for your exclusive use as a basis for credit, marketing and other business decisions. In
accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of the above conditions.
It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is nomanner guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act
on the part of the company and/or its agents in procuring, collecting or communicating any information. Please notify & contact DP
Info promptly of any questions regarding the accuracy of the information contained in this report to the Customer Service Division
at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: +65 6320 1900.
11