Document:

EX-10.6

 Exhibit 10.6 

MINUTES OF AGREEMENT 
 On June 11,
2009, in the city of Neuquén, a meeting was held on behalf of the Province of Neuquén by the members of the Technical Renegotiation Commission (Comisión Ténica de Renegociación) created pursuant to Executive
Order No. 822/2008 and the Resolution issued by the Secretariat of Natural Resources No. 104/08, Messrs. Héctor Mendiberri, Juan Carlos Nayar, Alex Valdez, José Gabriel López and Ricardo Dardo Esquivel, domiciled at
Rioja 229, City of Neuquén (hereinafter, the “PROVINCE”), party of the first part; and Petrolera Entre Lomas S.A. (hereinafter “PELSA”), herein represented by Messrs. Oscar Aníbal Vicente and José Pantano,
domiciled at Bouchard 680 18th Floor, City of Buenos Aires, Petrobras Energía S.A., herein represented by Mr. Marcelo Daniel Sampataro, domiciled at Maipú 1, 22nd Floor, City of Buenos Aires and APCO Argentina Inc. (Argentine Branch) herein represented by Mr. Ernesto Alejandro Hermo, domiciled at Av. Libertador 498, 26th Floor, City of Buenos Aires (hereinafter all of them jointly referred to as the “COMPANIES” and each a “COMPANY”), party of the second part, and collectively referred to as the
“PARTIES”, and 
 WHEREAS on May 23, 2008, the Executive Branch of Government of the PROVINCE passed Executive Order No. 822/08 pursuant
to which authorization was granted to the Secretariat of Natural Resources to issue a public call for bids to concessionaires for exploitation of hydrocarbon areas awarded by the Argentine Government, interested in being registered in the Provincial
Register for Renegotiation of Hydrocarbons Areas’ Exploitation Concessions, pursuant to applicable national and provincial laws, and approval was granted for the Bidding Terms and Conditions of such public call for bids pursuant to National
Laws No. 17,319, 23,696, 24,145 and 26,197, the executive orders issued by the National Executive Branch of Power 1,055/89, 1,212/89, 1,589/89, 1,285/92, 1,287/92, 1,291/94, 1,008/94 and the Administrative Resolution issued by the Chief of the
Cabinet of Ministers of the National Executive Branch of Power No. 407/97, and other applicable national and provincial laws and regulations. 

WHEREAS, on the other hand, and on this occasion the PROVINCE, pursuant to current hydrocarbon laws, in addition to administration of areas and concessions,
is extending the exploitation concession terms for the national concessions referred to above for the purposes described below and mainly in order to secure higher revenues from gas and oil of its own, increase reserves and production and to improve
investments in exploration, all in accordance with Laws No. 17,319, 25,145, 23,696 (and any rules and regulations thereunder), and 26,197, Section 6 of which provides as follows: “After enactment of this law, the Provinces, as
Enforcement Authority, shall exercise the functions of a counterparty under exploration permits, concessions for exploitation and transportation of hydrocarbons subject to transfer, including the following powers, among other: 

 (I) to fully and independently engage in control and supervision over such permits and concessions, and over
any other type of hydrocarbon exploration and/or exploitation contract awarded or approved by the National Government; 
 (II) to require performance of
statutory and/or contract obligations as regards investments, rational exploitation of resources, information and payment of fees and royalties; 
 (III) to
provide for the extension of statutory and/or contract terms; and 
 (IV) to impose the penalties under Law No. 17,319 and its regulations (fines,
suspensions of registrations, forfeiture and any other sanction set forth in the bidding terms and conditions or the contracts.)” 
 The powers listed
above do not restrict the other powers derived from the granting authority under Law No. 17,319 and its implementing regulations. 
 On August 5,
2008, the COMPANIES submitted to the PROVINCE a letter whereby they applied for registration in the Provincial Register for Renegotiation of the extension of the Exploitation Concessions described in SECTION 1 hereof and attached to such letter the
documents and information set forth in Section 4.1 of Executive Order No. 822/2008. 
 On March 20, 2009 the PROVINCE notified to PELSA, in
its capacity as operator of such Concessions the commencement of the negotiation period. 
 WHEREAS as a result of such process, it is the PARTIES’
intention to execute these MINUTES OF AGREEMENT subject to the following terms and conditions, pursuant to the powers granted by Provincial Law No. 2,615. 

NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS 

SECTION 1: SUBJECT-MATTER 
 The PARTIES agree,
pursuant to National Laws No. 17,319, 23,696, 24,145 and 26,197, Provincial Law No. 2,615; Executive Orders issued by the National Executive Branch of Power 1,055/89, 1,212/89, 1,589/89, 1,285/92, 1,287/92, 1,291/94, 1,008/94;
Administrative Resolution issued by the Chief of the Cabinet of Ministers of the National Executive Branch of Power No. 407/97, and other national and provincial laws and regulations applicable to the subject-matter hereof, to engage in the
renegotiation set forth in Executive Order No. 822/08 and thus extend the original term of the Exploitation Concessions the fields of which are located within the territory administered by the PROVINCE as described below, pursuant to
Section 35 of Law No. 17,319, for a term of ten years as set forth below. 

	 	1.	 Entre Lomas, awarded pursuant to Executive Order No. 87/91 and Deed of Concession Award No. 64
executed by the Argentine General Notary Public’s Office on February 24, 1997, the current Concessionaire of which is PELSA, which was due to expire on January 21, 2016 and is extended until January 21, 2026.

  

	 	2.	 Bajada del Palo, awarded pursuant to Executive Order No. 1769/90, Executive Order No. 263/92, the
current Concessionaires of which are PELSA (73.15%), APCO Argentina Inc. Argentine Branch (23%) and Petrobras Energía S.A. (3.85%), as shown in Docket No. 3450-2068/07 of the Secretariat of Energy and Mining of the Province of
Neuquén, which was due to expire on September 6, 2015 and is extended until September 6, 2025. 

 SECTION 2:
REPRESENTATIONS AND WARRANTIES 
 The COMPANIES hereby irrevocably represent and warrant to the PROVINCE that: 

 

	 	1.	 They will perform exploration works on any remaining exploration areas of the areas under concession held by
them as listed in SECTION 1 and a comprehensive evaluation of all of their reservoirs in an effort to increase reserves such that an adequate level of production and horizon may be maintained based on the technical and economic feasibility of the
reservoirs. In addition, for purposes of exploitation of their fields they shall use the best available technology, by making permanent and continued investments to maximize the extraction of resources, on terms of adequate profitability and
financial viability, engaging in good practices for exploitation of the various reservoirs and taking care of, remediating and preserving the environment. 

  

	 	2.	 The unified name of COMPANIES is intended to express that each COMPANY acquires the rights and obligations
hereunder solely with respect to their specific interest in the area covered by the exploitation concession held by it. 

  

	 	3.	 Taking into account that PELSA sells almost all of its production of crude oil to its majority shareholder
Petrobras Energía SA, for purposes of calculation of the Extraordinary Income, PELSA shall be deemed to be an integrated company within the meaning of Law No. 2,615. 

The PROVINCE hereby irrevocably represents and warrants to the COMPANIES that: 
  

	 	1.	 The COMPANIES shall be entitled to a quiet use and enjoyment of the exploitation and transportation concessions
held by them for the whole term of the concession and any extension thereof, and the PROVINCE shall hold the COMPANIES harmless from and against any claim or action or decision or amendment to the laws that may have an adverse impact on or change
the ownership regime governing the concession areas in the jurisdiction of the Province of Neuquén, and it further agrees to preserve the COMPANIES’ full rights in relation thereto. The PROVINCE has full powers to execute the Minutes of
Agreement and perform its obligations hereunder. 

	 	2.	 The execution, delivery and performance of these Minutes of Agreement by the PROVINCE do not violate or
contravene any applicable legal provisions (whatever the nature thereof may be, including, without limitation, federal, provincial and municipal laws and regulations), or any resolution, decision or ruling issued or entered by any national or
provincial governmental and/or judicial authority. In particular, the PROVINCE represents and warrants that the extension of the concessions is governed by Laws No. 17,319 and 26,197 and that Section 95, 96 and 100 of the Constitution of
the Province of Neuquén do not apply, based on the supremacy established by Article 31 of the Argentine Constitution. 

  

	 	3.	 There is no action, lawsuit, claim, complaint, audit, arbitration, investigation or proceedings of a civil,
criminal, administrative, investigative nature or otherwise preventing the PROVINCE from executing the Minutes of Agreement. 

SECTION 3: CONDITIONS OF NEGOTIATION OF THE EXTENSION OF TERMS 

The PARTIES, in relation to the extension of the exploitation concessions described in Section 1 hereof, agree as follows: 

 

	 	3.1	 INITIAL PAYMENT: PELSA, as operator of the Concessions and on behalf of the COMPANIES, shall pay to the
PROVINCE, or upon the PROVINCE’s order, to the Trusts or Trust Funds to be created by the PROVINCE, as an initial payment, the aggregate amounts set forth below, which shall be transferred to the accounts designated by the PROVINCE:

 A) Account of fees for entry into the area (fee for concession renegotiation): the amount of United States Dollars six
million nine hundred and seventy-one thousand six hundred and fifty-two (USD 6,971,652) to be used in financing infrastructure works, expenditures in development
and production, touristic, cultural, sports, health, security, human promotion, neighborhood, rural, regional and environmental projects, alternative energies, housing improvement, land parceling developments with utilities, equipment and
satisfaction of works and credits resulting from investments in production and regional and social promotion. 

 B) Account of development and promotion of Municipal Districts: the amount of United States
Dollars one million six hundred and eighty-two thousand eight hundred and thirteen (USD 1,682,813) to be used in financing community promotion programs and development of municipal districts, works and
equipment based on the allocation determined by the provincial laws, aimed at environmental remediation works, drinking water, effluent treatment, electrification, gas pipeline laying, road surfaces, urbanization, industrial parks and other purposes
established by the law that approves these Minutes of Agreement. 
 C) Account for development and promotion of the province: the amount of
United States Dollars two million five hundred and sixty-four thousand two hundred and eighty-five (USD 2,564,285), to be used in financing a Development Program to assure territorial integration and preservation of the environment, general
wellbeing and prosperity. If required, these funds may be used in financing the intended purposes under item A). 
 Payments to these accounts shall be made
in monthly installments at the offer exchange rate posted by Banco Nación Argentina prevailing as of the close of business on the third day prior to the date of payment on the following terms and conditions: 

 

	 	3.1.1	 The first installment shall be paid within the first ten calendar days of the effective date of these Minutes
of Agreement pursuant to Section 5 hereof, in the amount of United States Dollars five hundred and ninety thousand, four hundred and seventy-four (USD 590,474). 

 

	 	3.1.2	 In and after July 2009, eighteen (18) equal and successive monthly installments shall paid within the
first ten business days of each month in the amount of United States Dollars five hundred and ninety thousand, four hundred and sixty (USD 590,460) each. 

 

	 	3.1.3	 For purposes of setting forth the payment obligations undertaken in this SECTION 3.1, within 72 hours of the
effective date of these Minutes of Agreement (in accordance with the provisions of SECTION 5), PELSA, as operator of the Concessions and on behalf of the COMPANIES shall issue and deliver to the order of the PROVINCE nineteen (19) promissory
notes as per the detail set forth in Exhibit IV. Each of such promissory notes shall be returned by the PROVINCE to PELSA, within five business days subsequent to the COMPANY’s performance of the obligation secured by them.

  

	 	3.2	 EXTRAORDINARY PRODUCTION FEE: The COMPANIES shall pay on a monthly basis in cash to the PROVINCE THREE PERCENT
(3%) of the computable production of Crude Oil and Natural Gas from each of the exploitation concessions held by them, as listed in SECTION 1 hereof, valued in accordance with the provisions of Section 56(c), paragraph I, of Law
No. 17,319, subject to the explanatory provisions herein, and subject to any such deductions and adjustments set forth in Executive Order No. 1671/69 issued by the National Executive Branch of Government and related regulations and
resolutions issued by the Secretariat of Energy No. 155/92, 435/04, 188/93, 73/94 as amended and substituted. 

 Payment of the Extraordinary Fee shall accrue as from the month immediately succeeding the
effective date of these Minutes of Agreement, and the due date for the advance payment shall be the 15th day of the month immediately succeeding the month of settlement or the immediately
succeeding business day, if such day is a non-business day. For the final declaration the due date shall be the 15th day of the month immediately succeeding
the month of settlement or the immediately succeeding business day, if such day is a non-business day. The offer exchange rate posted by Banco Nación Argentina prevailing as of the close of business on
the third day prior to the date of the advance payment shall apply. In the event that there are any remaining balances in favor of the COMPANIES on account of Extraordinary Fee, they shall be deducted from future settlements. 

Definitions 

Price of Crude Oil: for each period, it means the weighted average price per volume of sales of Crude Oil (medanito) on the
domestic and/or foreign market (net of export duties and/or any other tax that may change or replace it in the future) actually received by the COMPANIES in each case, or the current price in the domestic market for oil produced in the PROVINCE, in
the event of transfer to oil refineries controlled by the COMPANIES in each case. 
 Price of Natural Gas: for each period, it means
the weighted average price per volume of sales of natural gas produced by the COMPANIES in the PROVINCE to be sold on different domestic and/or foreign markets (net of export duties and/or any other tax that may change or replace it in the future)
actually received, which encompasses, as of the date hereof and without limitation, the following segments: Residential, Commercial, CNG, Industries, Thermal Power Plants and other; pursuant to Resolution No. 599/07 issued by the Secretariat of
Energy and any such sales as may be effected on the domestic market by any of the currently existing regulatory mechanisms, (Permanent Additional Injection) Resolution No. 659/07 issued by the Secretariat of Energy. 

Transfer without Price: In the event that a COMPANY does not engage in any commercialization on the domestic market for hydrocarbons
produced in the Province of Neuquén, the prices to be considered for such COMPANY for calculation of the EXTRAORDINARY PRODUCTION FEE shall be any such current prices for the month concerned in the Province of Neuquén for the
hydrocarbons referred to above on the domestic market, taking into account, among other factors, the quality, calorific value, place of delivery and, in particular, for natural gas, the market segment to which such hydrocarbon is targeted
(Industrial, Thermal Power Plants, CNG, etc.) 

	 	3.3	 INVESTMENT COMMITMENT: The COMPANIES agree to execute a work plan in accordance with the standards laid down in
SECTION 2.1, which shall include investments and expenditures for an aggregate amount in U.S. Dollars of TWO HUNDRED AND THIRTY-SIX MILLION SIX HUNDRED AND FORTY THOUSAND (USD 236,640,000) in the
concession held by them and described in SECTION 1, as per the estimate of investments and expenditures detailed in Exhibit I attached to these Minutes of Agreement and made an integral part hereof. Such exhibit contains the investments and
expenditures for exploitation of the fields forecast until the end of the extension of the exploitation concessions described in SECTION 1 of this document, further including a commitment to invest in the remaining exploration surface area (670.85
Km2) in the amount of United States Dollars FIFTY-SIX MILLION THREE HUNDRED AND EIGHTY THOUSAND (USD 56,380,000), provided that during the effective term of the concessions: a) they are no reversions in
whole or in part, b) the remaining exploration surface area is not reduced due to an expansion and/or appearance of exploitation lots, as contemplated by Exhibit II, which is made an integral part hereof, in which case the relevant adjustments shall
be made. Any particular events that may cause deviations from the amounts set forth above shall be reported to the Enforcement Authority for review and approval. 

 

	 	3.4	 CONTROLS: Follow-up on the works, expenditures and investments to be
made within the concessions identified in SECTION 1 shall be inspected and certified by the Enforcement Authority or other provincial authorities, where applicable, in accordance with the laws and regulations in force, which may require the
formation of a work team comprised by the PARTIES so as to make the Enforcement Authority’s exercise of their powers more efficient. 

  

	 	3.5	 COMPRE NEUQUINO: In the concessions held by COMPANIES, the COMPANIES shall give priority to the hiring
of Labor, Suppliers and Services of Neuquén, for which Provincial Executive Order No. 270/00 establishes minimum requirements, in order to foster continued permanent employment in the oil industry and consolidate a competitive local and
regional market, through the strengthening of small- and medium-sized companies based in Neuquén and oil enterprises derived from the privatization of YPF and a growing supply of products, goods and
services, connecting the oil-related workers, producers, industrial and professional workers, merchants, companies engaged in works and services, of all trades located in the PROVINCE. Notwithstanding the
foregoing, the COMPANIES shall be discharged from this obligation in the event that due to the specific nature and/or the characteristics of the works to be performed, the 

	 	
hiring of Labor, Suppliers and Services of Neuquén is not feasible (for example, due to unavailability or failure to deliver within the terms required for the operation, the safety for
people and the facilities, etc.) Likewise, this obligation shall not apply in any such events where the hiring of Labor, Suppliers and Services is more burdensome than it would be in other jurisdictions. 

 

	 	3.6	 CORPORATE SOCIAL RESPONSIBILITY: PELSA, as operator of the Concessions and on behalf of the COMPANIES, shall
donate to the Government of the Province of Neuquén on account of Corporate Social Responsibility for the term of the exploitation concessions the aggregate amount of United States Dollars one million two hundred and eighty-one thousand two hundred and fifty (USD 1,281,250) on its own behalf and at its own expense, to contribute in the sphere of the Government of the Province of Neuquén to development of education,
environment, health, culture, science and research, alternative energies and community development, payable in tax years 2009 and 2010, in nineteen (19) monthly, equal and consecutive installments of United States Dollars sixty-seven thousand
four hundred thirty-four (USD 67,434) each. The first installment shall be paid within the first ten calendar days of the effective date of these Minutes of Agreement pursuant to Section 5 hereof. In and after July 2009, each of the
remaining installments shall be paid within the first ten business days of each month. 

 Upon request of the Government of
the Province of Neuquén, the contributions shall be allocated to the Trusts or Trust Funds created by the Government of the Province of Neuquén for such purposes. In addition, the Government of the Province of Neuquén agrees to
report on a regular basis to PELSA, as operator of the Concessions and on behalf of the COMPANIES, the use of the funds invested in the fields described above. The offer exchange rate posted by Banco Nación Argentina prevailing as of the
close of business on the third business day prior to payment shall apply. 
  

	 	3.7	 EXTRAORDINARY INCOME: The PARTIES agree to make additional adjustments to the percentage established for the
Extraordinary Production Fee up to 3% for Crude Oil and/or up to 3% for Natural Gas, where extraordinary income conditions are established for Crude Oil and/or Natural Gas or due to an increase in the price actually received for the sale of Crude
Oil and/or Natural Gas, in accordance with the following guidelines: 

 Crude Oil: 

The additional adjustment due to an Extraordinary Income shall be made when the price for Crude Oil exceeds the values stated below: 

 

	 	a.	 The COMPANIES shall pay on a monthly basis in cash ONE PERCENT in addition to the Extraordinary Production Fee
where the price of Crude Oil reaches or exceeds 78 USD/bbl and up to 83 USD/bbl, provided that the Price of Gas Oil exceeds 0.5546 USD/l. 

	 	b.	 The COMPANIES shall pay on a monthly basis in cash ONE POINT FIVE PERCENT in addition to the Extraordinary
Production Fee, where the Price of Crude Oil exceeds 83 USD/bbl and up to 88 USD/bbl, provided that the Price of Gas Oil exceeds 0.5901 USD/l. This adjustment is not cumulative with such adjustment set forth in item a) above. 

 

	 	c.	 The COMPANIES shall pay on a monthly basis in cash TWO PERCENT in addition to the Extraordinary Production Fee,
where the Price of Crude Oil exceeds 88 USD/bbl and up to 93 USD/bbl, provided that the Price of Gas Oil exceeds 0.6257 USD/l. This adjustment is not cumulative with such adjustment set forth in items a) and b) above. 

 

	 	d.	 The COMPANIES shall pay on a monthly basis in cash TWO POINT FIVE PERCENT in addition to the Extraordinary
Production Fee, where the Price of Crude Oil exceeds 93 USD/bbl and up to 98 USD/bbl, provided that the Price of Gas Oil exceeds 0.6612 USD/l. This adjustment is not cumulative with such adjustment set forth in items a), b) and c) above.

  

	 	e.	 The COMPANIES shall pay on a monthly basis in cash THREE PERCENT in addition to the Extraordinary Production
Fee, where the Price of Crude Oil exceeds 98 USD/bbl, provided that the Price of Gas Oil exceeds 0.6967 USD/l. This adjustment is not cumulative with such adjustment set forth in items a), b), c) and d) above. 

Definitions: 

Price of Crude Oil: for each period, it means the weighted average price per volume of sales of Crude Oil (medanito) on the
domestic and/or foreign market (net of export duties and/or any other tax that may change or replace it in the future) actually received by the COMPANIES in each case, or the current price on the domestic market for oil produced in the PROVINCE, in
the event of transfer to oil refineries controlled by the COMPANIES in each case. As of the date hereof for the PROVINCE and for information purposes only, the Price of Crude Oil (Medanito) is 47 USD/bbl. 

Transfer without Price: In the event that a COMPANY does not engage in any commercialization on the domestic market for crude oil
produced in the Province of Neuquén, the prices to be considered for such COMPANY for calculation of the EXTRAORDINARY INCOME shall be any such current prices for the month concerned in the Province of Neuquén for such oil on the
domestic market, taking into account, among other factors, the quality and place of delivery. 

 Price of Gas Oil: for each period, it means the Price before Taxes (PBT, net), i.e.
the Retail price minus the Value Added Tax, Tax on Liquid Fuels and Natural Gas, Tax on Gas Oil, Turnover Tax and any such taxes as may replace them or which may be added in the future, freight and commissions, ultradiesel retail channel, or those
that may replace them in the future, in the City of Buenos Aires at the gasoil selling point (gas station) in the last month, posted by the Argentine Secretariat of Energy or such authority as may replace it in the future, pursuant to the provisions
of Resolution 606/03. To determine the PBT, net in Dollars, the offer exchange rate posted by Banco Nación Argentina prevailing on the last business day of the month concerned shall apply. The average Price of one liter of Gas Oil for July
2008 (posted by the Argentine Secretariat of Energy (http://energia.mecon.gov.ar/preciosplanta/consultaICLG.asp) is $ 1.0192 equivalent to USD 0.3341 per liter (exchange rate $ 3.05= 1 US Dollar). 

Calculation of EXTRAORDINARY INCOME: The calculation shall be made on the basis of the computable production of Crude Oil from each of
the exploitation concessions described in SECTION 1 hereof, valued at the Price of Crude Oil (as defined in this Section 3.7), subject to any deductions and adjustments prescribed by Executive Order No. 1671/69 and related sections, and
the provisions of Resolutions No. 155/92, 435/04 issued by the Secretariat of Energy as amended and substituted. 
 Payment of the
Extraordinary Income for Crude Oil shall accrue from and including the month in which the conditions set forth in this Section 3.7 are met and the due dates for the advance payment shall be the
15th day of the month immediately succeeding the month of settlement or the immediately succeeding business day, if such day is a non-business day. For the
final declaration the due date shall be the 15th day of the month immediately succeeding the month of settlement or the immediately succeeding business day, if such day is a non-business day. The offer exchange rate posted by Banco Nación Argentina prevailing as of the close of business on the third day prior to the date of the advance payment shall apply. In the event that there
are any remaining balances in favor of any of the COMPANIES on account of Extraordinary Income, they shall be deducted from future settlements. 

If in any subsequent month(s), the conditions of extraordinary income are not met, the payment set forth in the foregoing paragraph shall not
apply. 

 Natural Gas 

The additional adjustment for an Extraordinary Income shall be made when the Price of Natural Gas produced by the COMPANIES in the PROVINCE
reaches a certain percentage of the import price of natural gas from Bolivia (as reported by and/or requested from the Argentine Secretariat of Energy and/or ENARSA) in accordance with the following methodology: 

 

	 	a.	 The monthly arithmetic average of the import price of natural gas from Bolivia shall be considered as a
reference price for the same month of production as the month of settlement of royalties. 

  

	 	b.	 An Extraordinary Income shall be deemed to exist where the weighted average price of Natural Gas (Price of
Natural Gas) reaches a certain percentage of the price of natural gas imported from Bolivia as set forth below and provided that its results from in increase in the selling price of Natural Gas in the month of production and not due to a fall in the
import price of natural gas from Bolivia (with respect to the initial value for the quarter July-September 2008 equal to 9.0269 USD/MMBTU provided by ENARSA). In view of the specific characteristics of the gas market, the comparison above shall be
made on the fist days of the month immediately succeeding the month of production as described below: 

  

	 	1.	 If the selling price actually received by each COMPANY exceeds 60% and up to 65% of the price of natural gas
imported from Bolivia in the relevant month, ONE PERCENT shall be added as Extraordinary Income to the Extraordinary Production Fee. 

  

	 	2.	 If the selling price actually received by each COMPANY exceeds 65% and up to 70% of the price of natural gas
imported from Bolivia in the relevant month, ONE POINT FIVE PERCENT shall be added as Extraordinary Income to the Extraordinary Production Fee. This adjustment is not cumulative with such adjustment set forth in item 1) above. 

 

	 	3.	 If the selling price actually received by each COMPANY exceeds 70% and up to 75% of the price of natural gas
imported from Bolivia in the relevant month, TWO PERCENT shall be added as Extraordinary Income to the Extraordinary Production Fee. This adjustment is not cumulative with such adjustment set forth in items 1) and 2) above. 

 

	 	4.	 If the selling price actually received by each COMPANY exceeds 75% and up to 80% of the price of natural gas
imported from Bolivia in the relevant month, TWO POINT FIVE PERCENT shall be added as Extraordinary Income to the Extraordinary Production Fee. This adjustment is not cumulative with such adjustment set forth in items 1), 2) and 3) above.

  

	 	5.	 If the selling price actually received by each COMPANY exceeds 80% of the price of natural gas imported from
Bolivia in the relevant month, THREE PERCENT shall be added as Extraordinary Income to the Extraordinary Production Fee. This adjustment is not cumulative with such adjustment set forth in items 1), 2), 3) and 4) above 

 Definitions 

Price of Natural Gas: for each period, it means the weighted average price per volume of sales of natural gas produced by the COMPANIES
in the concessions held by them, in the PROVINCE to be sold on different domestic and/or foreign markets (net of export duties and/or any other tax that may change or replace it in the future) actually received by the COMPANIES, which encompasses,
as of the date hereof and without limitation, the following segments: Residential, Commercial, CNG, Industries, Thermal Power Plants and other; pursuant to Resolution No. 599/07 issued by the Secretariat of Energy and any such sales as may be
effected on the domestic market by any of the currently existing regulatory mechanisms, (Permanent Additional Injection) Resolution No. 659/07 issued by the Secretariat of Energy. 

Transfer without Price: In the event that a COMPANY does not engage in any commercialization on the domestic market for hydrocarbons
produced in the Province of Neuquén, the prices to be considered for such COMPANY for calculation of the Extraordinary Income shall be any such current prices for the month concerned in the Province of Neuquén for such natural gas on
the domestic market, taking into account, among other factors, the calorific value, place of delivery and the market segment to which such natural gas is targeted (Industrial, Thermal Power Plants, CNG, etc.) 

Calculation of EXTRAORDINARY INCOME: The calculation shall be made on the basis of the computable production of Natural Gas from each of
the exploitation concessions described in SECTION 1 hereof, valued at the Price of Natural Gas (of this Section 3.7), subject to any deductions relating to freight, compression and other deductions prescribed by Executive Order No. 1671/69
issued by the National Executive Branch of Government and related sections, and the provisions of Resolutions No. 188/93, 73/94 issued by the Secretariat of Energy, as amended and substituted. 

Payment of the Extraordinary Income for Natural Gas shall accrue from and including the month in which the conditions set forth in this
Section 3.7 are met and the due dates for the final declaration shall be the 15th day of the month immediately succeeding the month of settlement or the immediately succeeding business day,
if such day is a non-business day. The offer exchange rate posted by Banco Nación Argentina prevailing as of the close of business on the third day prior to the date of payment shall apply. In the event
that there are any remaining balances in favor of any of the COMPANIES on account of Extraordinary Income, they shall be deducted from future settlements. 

If in any subsequent month(s), the conditions of extraordinary income are not met, the payment set forth in the foregoing paragraph shall not
apply. 

	 	3.8	 ENVIRONMENT: As to the concessions held by the COMPANIES and described in SECTION 1, the COMPANIES shall
remediate any environmental impacts in accordance with the remediation plans and the performance schedule set forth in Exhibit III, which is made an integral part hereof, excluding those resulting from any exploitation activities carried out prior
to the award of the respective concessions and the privatization set forth in Laws No. 23,696 and 24,145 and supplementary rules and regulations and any other rules thereunder. Accordingly, the COMPANIES agree to continue implementing good
operating practices to minimize and remediate any potential environmental impacts related to hydrocarbon activities. 

 A
commission shall be created and comprised by PELSA as operator of such Concessions on behalf of the COMPANIES, and the Secretariat of Natural Resources of the Province, which shall monitor within two years the existence of other potential
environmental impacts related to the hydrocarbon activity, such as abandonment of wells, locations, surface facilities, activities in quarries, ducts, fertile soil, subsoil and otherwise. 

 

	 	3.9	 REVERSION OF SUPPLEMENTARY EXPLORATION SURFACE AREAS: Without prejudice to the COMPANIES’ right to revert
in whole or in part supplementary exploration surface areas, the PARTIES ratify the current boundaries and surface areas of the Concessions that are the subject-matter hereof, based on the investment commitments undertaken by the COMPANIES pursuant
to these Minutes of Agreement and in view of the COMPANIES’ geological expertise making it the best available option to perform supplementary exploration works in the different exploitation concessions. 

 

	 	3.10	 FEE FOR INDUSTRIAL USE OF PUBLIC WATER: PELSA, as operator of the concessions referred to in SECTION 1 and on
behalf of the COMPANIES, pays the relevant fee for use of industrial water. 

  

	 	3.11	 AGGREGATE EXTRACTION: PELSA purchases from third parties the sand and gravel used in its operation, provided,
however, that it shall pay to the PROVINCE for extraction of sand and gravel from public lands that may be used in the future. 

  

	 	3.12	 The commitments undertaken by the COMPANIES under this SECTION 3 are conditional upon the non-increase in hydrocarbon royalties, either directly or indirectly, which are currently set forth in Law No. 17,319. Therefore, if any percentage increase in royalties occurs in the future, the Extraordinary
Production Fee and/or the Extraordinary Income shall be reduced to the extent of such increase. 

  

	 	3.13	 NATURAL GAS PRODUCTION QUOTAS: The Companies may make available to industrial companies and/or to new electric
power generation projects located in the Province a natural gas quota of up to five percent (5%) per day out of the availability for sale to the market of the Concessions under Section 1, to be sold by the Companies, in accordance with the
energy and provincial development guidelines, subject to the following conditions: 

	 	i.	 The disposal of such quota shall not cause any financial damage to the Companies for any reason whatsoever, and
such quota may be discounted from the commitments allocated to the Companies under Resolution No. 599/07 issued by the Argentine Secretariat of Energy, Resolution SE No. 659/04, and/or those that may amend, replace or substitute them in
the future; 

  

	 	ii.	 Such quota shall be commercialized in the provincial territory directly to companies or entities capable of
receiving such gas on technical and operating terms consistent with current rules and regulations and provided that performance of others is not affected or prevented. 

 

	 	iii.	 The commercial conditions on price and payments shall be on an arm’s length basis; 

 

	 	iv.	 No existing or future federal, provincial or regulatory express rules and/or instructions and/or directives of
a general, particular scope or otherwise, with an impact on gas production, commercialization, distribution or transportation shall be violated or contravened. 

 

	 	v.	 This representation shall be limited to the term of 3 (three) years subject to extension upon agreement of the
Companies and the Province from the date of execution of these Minutes of Agreement; 

  

	 	vi.	 Conveyance of title and risk shall take place at the location customarily used to commercialize the production
of gas; 

  

	 	vii.	 This commitment shall be subject to a condition subsequent, which shall operate in the event that the Province
requires payment of royalties in kind. 

 SECTION 4: INFORMATION TO BE PROVIDED TO THE ENFORCEMENT AUTHORITY 

For the term of these Minutes of Agreement, the COMPANIES shall deliver to the Enforcement Authority, as and when required, technical documents, information
and schedules, as set forth in national and provincial laws and regulations in effect. 
 SECTION 5: EFFECTIVE TERM 

The Technical Renegotiation Commission executes these presents subject to approval from the Secretariat of Natural Resources. Upon ratification hereof by the
Secretariat of Natural Resources, these presents shall be referred to the Executive Branch of Power of the Province for approval in accordance with applicable laws and regulations. The Minutes of Agreement shall be formalized

 
and become effective on the date that the COMPANIES are given sufficient notice hereof. If the approvals referred to above are not obtained by July 31, 2009, these Minutes of Agreement shall
be ineffective as between the PARTIES, without any liability on the part of either of them. It is further set forth that these Minutes of Agreement may only be amended upon the prior express and written consent of both PARTIES. 

SECTION 6: STAMP TAX 
 For purposes of calculation
of the stamp tax, the taxable base of these Minutes of Agreement shall be amount of United States Dollars eleven million two hundred and eighteen thousand seven hundred and fifty-four (USD 11,218,754). Pursuant to Section 232 of the Tax
Code, the documents listed in SECTION 3 (subsection 3.1.3), any instrument ratifying these presents and any other taxable event that may be interpreted from this instrument shall be exempt. 

SECTION 7: EVENTS OF DEFAULT 
 7.1 Events of
default incurred by the COMPANIES in relation to the concessions held by them and described in SECTION 1 
 In the event of repeated, material and
unjustified breaches of the obligations under 3.1, 3.2, 3.3, 3.6 and 3.7 of these Minutes of Agreement, such breaches shall give rise to termination of the extensions of terms agreed upon hereunder for the concession concerned, in accordance with
the provisions of Sections 80, 87 and related sections of Law No. 17,319. Prior to the declaration of termination, the PROVINCE shall give notice to the COMPANY in question to cure any potential breaches within a reasonable period of time. The
penalties set forth in such sections shall be imposed by the provincial enforcement authority. With regard to the other obligations and commitments undertaken by the COMPANIES under these Minutes of Agreement, the imposition of the penalties
referred to above shall not apply but performance thereof may be enforced by applicable administrative or judicial proceedings. 
 7.2 Events of default
incurred by the PROVINCE 
 If any representation or warranty made by the PROVINCE under SECTION 2 of these Minutes of Agreement is or may be inaccurate thus
affecting the terms and conditions and/or the effective term of these Minutes of Agreement, or if the PROVINCE incurs in a material and unjustified breach of any of the obligations undertaken by it under these Minutes of Agreement, the relevant
COMPANY shall give notice of such breach to the PROVINCE for it to cure it within a reasonable period of time. If any such breach is not cured within such reasonable period of time, all amounts paid by such COMPANY under the provisions of the
Minutes of Agreement (including, without limitation, the Initial Payment to the PROVINCE, payment of the Extraordinary Production Fees and other items of the consideration undertaken by such COMPANY under these Minutes of Agreement) plus any
applicable interest and damages (including, without limitation, unamortized 

 
investments), shall be immediately returned by the PROVINCE to such COMPANY, in the equivalent US Dollar amount. In addition, in any such event the Minutes of Agreement shall be deemed to be
terminated as to such COMPANY for the Concession held by it as applicable on a retroactive basis as of the date of execution by it, and all rights and obligations of such COMPANY shall be restored to the condition existing prior to execution of the
Minutes of Agreement, in accordance with the original terms and conditions under which the respective Exploitation Concession was awarded to the COMPANY. 

SECTION 8: GOVERNING LAW. DISPUTE RESOLUTION 
 8.1
This Agreement shall be governed and construed in accordance with the laws of the Argentine Republic. 
 8.2 Any dispute arising from or in connection with
the interpretation, effectiveness and/or validity of these Minutes of Agreement, except for the payments set forth in SECTIONS 3.1 and 3.6 shall be settled by arbitration on an exclusive and unappealable basis at the request of any of the Parties.

 8.3 The arbitration shall begin upon notice from one Party to the other of its intention to submit the dispute to arbitration, which notice shall
designate one arbitrator. The notified Party shall answer within ten (10) business days and designate, in turn, another arbitrator. If one Party fails to designate the arbitrator it is entitled to appoint in due time, such arbitrator shall be
designated in accordance with the Arbitration Rules of the International Chamber of Commerce (ICC). 
 The arbitrators so designated shall appoint a third
arbitrator. If the two (2) arbitrators designated by the Parties fail to agree on such appointment within ten (10) business days of the appointment of the second arbitrator, the third arbitrator shall be appointed in accordance with the
Arbitration Rules of the International Chamber of Commerce (ICC). 
 The arbitrators shall have renowned experience and be qualified in technical matters
related to exploration, development, exploitation and commercialization of hydrocarbons. 
 Upon appointment of the arbitrators, the PARTIES shall execute
an Arbitration Agreement which shall provide for the following, among other matters: 
  

	 	(1)	 The issues to be submitted to arbitration. 

 

	 	(2)	 Unless otherwise agreed upon, the arbitration shall be conducted in the City of Neuquén in Spanish
language. 

  

	 	(3)	 The procedure shall be such procedure established in the Arbitration Rules of the International Chamber of
Commerce (ICC). 

  

	 	(4)	 Any procedural aspect not otherwise set forth in the rules referred to above shall be resolved pursuant to the
laws of the place of arbitration. 

  

	 	(5)	 The award entered by the arbitrators shall unappealable, final and binding on the PARTIES, and the PARTIES
waive any appeal and/or action pursuant to Section 760 of the Argentine Code of Civil and Commercial Procedure. 

	 	(6)	 Interest shall accrue on the arbitration award from the date of breach of the Agreement until the date of
actual payment, as determined therein. 

  

	 	(7)	 The award shall be acknowledged and enforceable in any jurisdiction applicable to the obligor Party or its
assets. 

 The Arbitration Agreement shall be executed within thirty (30) days subsequent to the appointment of the
arbitrators and in the event that no agreement is reached, such agreement shall be determined by the President of the International Chamber of Commerce. 

SECTION 9: MISCELLANEOUS 
 These Minutes of
Agreement and its Exhibits establish all rights and obligations of the PARTIES and contain the entire, single and final agreement between the PARTIES with respect to the subject-matter hereof. Therefore, the terms hereof shall prevail over any other
agreement and/or rule prior to execution of these Minutes of Agreement in relation to the subject-matter hereof. 
 In connection with Section 4.2.1 of
Annex I to Executive Order No. 822/2008, the PARTIES agree that the case law of the Argentine Supreme Court of Justice derived from the rulings “Petrolera Pérez Companc S.A. v. Province of Neuquén, Declaratory action (Case
No. P. 502 XXXV), “Shell Compañía Argentina de Petróleo S.A. v. Province of Neuquén, Action for unconstitutionality” (Case No. S. 1077 XXXVI), “Transportadora de Gas del Sur S.A. v. Province of Santa Cruz,
Action for Declaration of Certainty” (Case No. T. 352 XXXV), “Yacimientos Petrolíferos Fiscales S.A. v. Province of Tierra del Fuego, Action for Declaration of Unconstitutionality” (Case No. Y. 16 XXXIV). 

Except for the express provisions of these Minutes of Agreement, none of the terms shall be interpreted as a waiver of or amendment to the rights of the
COMPANIES as Concessionaires and the Province as Grantor, respectively, pursuant to National Laws No. 17,319, 23,696, 24,145 and 26,197, the Executive Orders issued by the National Executive Branch of Government No. 1,055/89, 1,212/89,
1,589/89, 1,285/92, 1,287/92, 1,291/94 and 1,008/94 and the Administrative Resolution issued by the Chief of the Cabinet of Ministers of the National Executive Branch of Power No. 407/97. It is expressly set forth that the purpose of these
Minutes of Agreement is to engage in renegotiation as set forth in Executive Order No. 822/08 and Provincial Law No. 2,615, and therefore to extend the terms of the concessions set forth in SECTION 1 hereof pursuant to Section 35 of
Law No. 17,319, for which reason there is no novation of rights or obligations. 
 Any reference to laws, executive orders and/or resolutions made in
these Minutes of Agreement shall include any rules and regulations that may replace them in the future, except that any such rules and regulations provide for a material change in the financial and economic equation on which the commitments
undertaken by the COMPANIES are based. 

 The conditions agreed upon by the PROVINCE under this document with the COMPANIES have taken into
consideration the particular technical, geological and economic features of exploitation of the concessions listed in SECTION 1. 
 The Parties shall
negotiate the Extraordinary Fee and the Extraordinary Income in the event that new provincial taxes are imposed subsequent to the effective date of these Minutes of Agreement, if any such new tax may change the economic equation of the COMPANIES as
to is business in the Province of Neuquén. 
 It is established that the commitments undertaken by the COMPANIES under these Minutes of Agreement are
made upon reliance on compliance with the provisions of Section 56(a) of Law No. 17,319. 
 All sums of money required to be paid by the COMPANIES
hereunder shall be paid in Pesos at the exchange rate established in each case, to the accounts designated by the Province within the Argentine Republic. 

The PARTIES have executed these Minutes of Agreement in four counterparts, each of which shall be deemed an original but all of which taken together shall
constitute one and the same instrument, at the place and on the date first above written. 
  

	
	 /s/ E. HERMO

	E. HERMO
	APCO ARG. INC.
	
	 /s/ Oscar A Vicente

	Oscar A Vicente
	
	 /s/ Jose Pantano

	Jose Pantano
	
	 /s/

	
	 /s/

	
	 /s/ José Gabriel López

	José Gabriel López
	
	 /s/ Ricardo D. Esquivel

	Ricardo D. Esquivel
	
	 /s/ A Valdez

	A Valdez

 EXHIBIT I 

Estimate of the Plan of cumulative investments and expenditures in concession extension areas and the relevant areas remaining in the Province of
Neuquén. 
 Values in the table stated in cumulative Million dollars 

Total Exhibit I 
  

													
	 Three-year period
	  	Investments in
Remaining
Exploration Surface
Areas	 	  	Total Investments
and Expenditures	 	  	Total	 
	 @ Dec 2011
	  	 	10.06	 	  	 	40.08	 	  	 	50.14	 
	 @ Dec 2014
	  	 	20.13	 	  	 	84.77	 	  	 	104.90	 
	 @ Dec 2017
	  	 	30.19	 	  	 	123.11	 	  	 	153.30	 
	 @ Dec 2020
	  	 	40.25	 	  	 	144.64	 	  	 	184.89	 
	 @ Dec 2023
	  	 	50.31	 	  	 	165.05	 	  	 	215.36	 
	 @ Dec 2025
	  	 	56.38	 	  	 	180.26	 	  	 	236.64	 
	 Total (2008 to 2025)
	  	 	56.38	 	  	 	180.26	 	  	 	236.64	 

 The reported amount shall be used in exploration works and development of oil and natural gas reserves, transportation of
hydrocarbons, construction of production, conditioning, separation and transportation facilities and any such other activities that promote extraction of hydrocarbons, operation and maintenance of facilities, environmental remediation and
preservation and those directly related to hydrocarbon activities. Such schedule includes expenditures made by the COMPANIES as from September 1, 2008. 

 EXHIBIT II 

INVESTMENTS IN EXPLORATION IN THE CONCESSION 

Section 1 Payment of the option fee for retention of the remaining concession surface area (Executive Order No. 820/98) is not a condition sufficient
to retain it, without the making of exploration investments. 
 Section 2 Pursuant to the provisions of Exhibit I, all years from 2009 until the end of
the concession, including the extension period, the concessionaire shall invest in exploration an amount of no less than a work unit (WU) per Km2 of the remaining surface area. The Enforcement Authority (EA) shall determine at the request of the
concessionaire, if applicable, inclusion of investments of the last four-month period in 2008. 
 Section 3 Each WU is equivalent to 5,000 United
States Dollars, which amount shall be updated by the Argentine Secretariat of Energy. 
 Section 4 If the work units for works performed in a year are
higher than required, they may be carried forward up to 5 years in the future and shall be adjusted in the event that the update set forth in Section 3 takes place. 

Section 5 If the concessionaire is unable to honor the investment commitment for the current year, it shall submit to the EA a monetary guarantee and it
may then carry forward its obligations up to a cumulative term of five years. Upon expiration of the warranted term, the EA may enforce the obligation so undertaken. 

Section 6 If the concessionaire fails to perform as established in this Exhibit, it shall have its rights over the remaining exploration surface area
forfeited, and such surface area shall revert to the Provincial Government. 
 Section 7 The following works shall be acknowledged as WU: geological,
geophysical, exploratory wells and high-risk advanced works and any such other new works performed, excluding any type of reinterpretations, which shall be submitted to the EA for approval. 

Section 8 Where exploration works are performed within the exploitation lot of the concession, the EA shall acknowledge them, if applicable, as work
units within the remaining exploration surface area; the same criteria shall be observed for works that due to their approach or level of risk in the development of the field justify acceptance (for example, if horizon exploration works are
performed at a depth greater than those currently in production within the exploitation lot, the EA shall acknowledge them as work units within the remaining exploration surface area). 

Section 9 The concessionaire may group its concessions, upon notice to the EA, in order to exchange the WUs between them, where ono of them cannot have
exploratory works, but its obligation to make the investments for the amounts of the WU to be performed therein shall remain in effect. 

 Section 10 The investments and works to be performed within the concession shall be inspected and
certified by the EA, for which purposes it may require, if there is any remaining surface area, the formation of a work team comprised by its personnel and the operator/concessionaire. A WU per month shall be allocated for such purposes, the amount
of which shall be managed by the operator and/or concessionaire to cover any type of expenses and fees incurred in furtherance of the purpose so pursued. The total amount may be presented as an annual investment in exploration. 

Section 11 The concessionaire shall have a right to revert the supplementary exploration surface areas of the concessions in whole or in part. 

 Valuation of Work Units 

Geophysical Works 
  

					
	 Type of Work
	  	WU Equivalence	 
	 2D Seismic Recording (km)
	  	 	1	 
	 2D Seismic Reprocessing (km)
	  	 	0.05	 
	 3D Seismic Recording (km2)
	  	 	4	 
	 3D Seismic Reprocessing (Km2)
	  	 	0.1	 
	 2D Special Processing (AVO, inversion) (Km2)
	  	 	0.2	 
	 3D Special Processing (AVO, inversion) (Km2)
	  	 	0.5	 
	 Surface Geochemistry (sample)
	  	 	0.1	 
	 Land Magnetometry/Gravimetry (km2)
	  	 	0.06	 
	 Land Magnetometry/Gravimetry (Linear km)
	  	 	0.06	 

 Exploration Wells 
  

					
	 Well Depth (meters)
	  	Equivalence
(WU)	 
	 500
	  	 	100	 
	 1000
	  	 	220	 
	 2000
	  	 	340	 
	 3000
	  	 	850	 
	 4000
	  	 	1200	 
	 5000
	  	 	2000	 
	 6000
	  	 	3000	 

 For calculation of the WUs between two depths a linear projection shall be used between two succeeding depths, for example,
between 500 and 1000 meters or between 3000 and 4000 meters, etc. 

 EXHIBIT III 
  

																	
	 ENTRE LOMAS AREA

	 Identification
	  	Location	 	Date of
Occurrence	 	  	Coordinates	 	Magnitude	  	Comments
	 	Quantity	 	  	Unit
	 Storage of petroleum Sludge
	  	EC	 	 	N/A	 	  	37o 53’ 58.8”
 LS -68o 25’
34.6” LO
	 	 	1700	 	  	m3	  	(1)
	 Abandonment of well
	  	EC-9	 	 	N/A	 	  	37o 54’ 25.8”
LS -68o 24’
18.0” LO	 	 	1	 	  	u.	  	
	 Abandonment of well
	  	EL-6G	 	 	N/A	 	  	38o 00’ 41.1”
LS -68o 16’
57.5” LO	 	 	1	 	  	u.	  	
	 Old quarries
	  	LO-10	 	 	1971	 	  	37o 56’ 49.7”
LS -68o 23’
28.7” LO	 	 	0.5	 	  	Ha.	  	(4)
	 Old quarries
	  	EL-40	 	 	1981	 	  	37o 58’ 16.8”
LS -68o 22’
29.8” LO	 	 	5	 	  	Ha.	  	(2) (4)
	
	 BAJADA DEL PALO AREA

	 Identification
	  	Location	 	Date of
Occurrence	 	  	Coordinates	 	Magnitude	  	Comments
	 	Quantity	 	  	Unit
	 Storage of petroleum sludge
	  	ABP	 	 	N/A	 	  	38° 13’ 03.9”
LS -68° 30’
59.8” LO	 	 	200	 	  	m3	  	
	 Old quarries
	  	BMo-5	 	 	1984	 	  	38° 12’ 39.2”
LS -68° 30’
58.9” LO	 	 	0.7	 	  	ha.	  	(3)
	 Old quarries
	  	BMo-6	 	 	1984	 	  	38° 14’ 14.7”
LS -68° 31’
57.3” LO	 	 	0.5	 	  	ha.	  	(3)
	 Old quarries
	  	BMo-8	 	 	1984	 	  	38° 13’ 42.3”
LS -68° 31’
54.1” LO	 	 	2	 	  	ha.	  	(3)
	 Old quarries
	  	BMo-9	 	 	1985	 	  	38° 13’ 34.9”
LS -68° 31’
03.8“ LO	 	 	0.5	 	  	ha.	  	(3)
	 Old quarries
	  	BMo-14	 	 	1985	 	  	38o 13’ 38.8”
LS -68° 30’
05.6” LO	 	 	0.3	 	  	ha.	  	(3)
	 Old quarries
	  	MM-3	 	 	1984	 	  	38° 13’ 34.5”
LS -68o 35’
52.6” LO	 	 	0.2	 	  	ha.	  	(3)
	 Old quarries
	  	Gas Pipeline
zone MM	 	 	N/A	 	  	38° 13’ 27.1”
LS -68° 33’
48.9” LO	 	 	0.4	 	  	ha.	  	(3)
	 Old quarries
	  	Opazo (Ruta
Prov. N°8)	 	 	N/A	 	  	38° 11’ 11.7”
’LS -68° 22’
08.6” LO	 	 	0.3	 	  	ha.	  	(4)
	 Old quarries
	  	Opazo (Bajada
Camino PSN)	 	 	N/A	 	  	38° 12’
24.2’’ LS
-68° 26’
41.5” LO	 	 	0.5	 	  	ha.	  	(4)
	 Old quarries
	  	Tanuz (Ruta
Prov. N°8)	 	 	N/A	 	  	38° 11’
09.6’’ LS
-68° 21’
55.8” LO	 	 	0.4	 	  	ha.	  	(4)
	 Old quarries
	  	PSN-1	 	 	1985	 	  	38° 12’ 22.8”
LS -68° 25’
25.2” LO	 	 	0.3	 	  	ha.	  	(3)
	 Old quarries
	  	Recinto	 	 	1984	 	  	38° 13’ 02.1”
LS -68° 30’
50.8” LO	 	 	1.5	 	  	ha.	  	(3)

  

	(1)	 Currently under remediation works. 

 

	(2)	 Partially existing quarry pursuant to Section 3.8 

 

	(3)	 Pre-existing quarry pursuant to Section 3.8 

 

	(4)	 Quarry under private ownership 

																													
	 ENVIRONMENTAL IMPACT REMEDIATION
PLAN
	 
	 	  	2009	 	  	2010	 	  	2011	 	  	+2011	 
	  	1st
Half	 	  	2nd
Half	 	  	1st
Half	 	  	2nd
Half	 	  	1st
Half	 	  	2nd
Half	 	  	 	 
	 Petroleum Sludge Treatment at Recinto EL 1
	  				  				  				  				  				  				  			
	 Petroleum Sludge Treatment at Recinto EC
	  				  				  				  				  				  				  			
	 Quarry Remediation Study. EIS. Environmental Permit
	  				  				  				  				  				  				  			
	 Quarry Conditioning
	  				  				  				  				  				  				  			
	 Leveling of Quarries with remediated material
	  				  				  				  				  				  				  			
	 EC-9 Well Abandonment
	  				  				  				  				  				  				  			
	 EL-6G Well Abandonment
	  				  				  				  				  				  				  			

 EXHIBIT IV 

PROMISSORY NOTES 
 The due date of the promissory notes
set forth in Section 3.1.3 shall be same as such of the installments secured by them.EX-10.7

 Exhibit 10.7 

RENEGOTIATION AGREEMENT 
 In the City of
Cipolletti, on December 9, 2014 a meeting, was held by the Province of Río Negro, represented by the Secretary of Energy, Eng. Néstor Marcelo Echegoyen, with domicile established at España 316, 1st floor, in the City of
Cipolletti, in its capacity as Enforcement Authority of Law No. 4818, hereinafter the PROVINCE, party of the first part; and by the company Petrolera Entre Lomas S.A., represented by the attorneys-in-fact, Mr. Mario Alejandro Brarda and Mr. Rubén Nicolás Kondratzky, with domicile established at Mengelle 59, 5th
Floor, Office 1, hereinafter CONCESSIONAIRE, party of the second part, and together with the PROVINCE, jointly referred to as the PARTIES. The Parties agree to enter into the Agreement set forth hereinbelow: 

WHEREAS: On March 7, 2013, the Executive Branch of Government of the Province, by virtue of Executive Order No. 230/13 created the Provincial
Register for Renegotiation of Hydrocarbons Areas’ Exploitation Concessions (Registro Provincial de Renegotiation de Concesiones de Explotación de Areas Hidrocarburíferas) and launched a Call for Bids for Hydrocarbons
Areas’ Exploitation Concessionaire Companies of the Province of Río Negro granted by the National Government, interested in renegotiating their concessions, within the framework of effective national and provincial laws, and in
compliance with the terms set forth under Provincial Law No. 4818 whereby the Bidding Terms and Conditions applicable to such call for bids were approved. The foregoing procedure was conducted within the framework of National Laws
No. 17,319, 23,696, 24,145 and 26,197, Provincial Law Q 4,296, Executive Orders issued by the National Executive Branch of Government No. 1055/89, 1212/89, and other effective national and provincial laws applicable. Furthermore, the
ENFORCEMENT AUTHORITY was authorized to perform the call for bids’ process and renegotiation of concessions. 
 In this case, within the framework of
the effective hydrocarbons’ laws, in addition to the administration of Areas and concessions, the PROVINCE renegotiates the conditions for exploitation of the above-referred concessions, for the purpose of increasing hydrocarbons’ reserves
and production; and to improve exploration investment conditions, due to the proper characteristics of works requiring technical and financial capacity according to the obligations derived from the activity. The foregoing procedure is conducted
within the framework of Laws No. 17,319, 24,145, 23,696 and Provincial Law Q 4,296 and regulations derived therefrom; and, in particular, National Law 26,197 which Section 6 provides that the Provinces, as Enforcement Authorities, are
empowered to provide for the extension of legal and/or contractual terms, among other powers. 
 On May 2, 2013, Petrolera Entre Lomas S.A. filed a
note with the PROVINCE whereby it applied for registration with the Provincial Register for Renegotiation of Hydrocarbons Areas’ Exploitation Concessions and attached the documents required under the Bidding Terms and Conditions. 

Subsequently, the Enforcement Authority gave notice to Petrolera Entre Lomas S.A. about beginning of the negotiation term by means of Note SE No. 131/ 13
dated October 15, 2013. 

 As a result, and within the terms set forth by Provincial Law No. 4818, the PARTIES reached an
agreement and such agreement was established under the relevant Minutes of the Meeting held on December 5, 2014. Such Minutes served as basis for preparation hereof. 

Thus, it is the intention of the PARTIES to enter into this AGREEMENT, which shall be governed by the terms and conditions set forth hereinbelow: 

NOW THEREFORE, the Parties hereby AGREE as follows: 

Section 1: PURPOSE.- The purpose hereof is to renegotiate the “Entre Lomas” Area Exploitation Concession located in the territory
administered by the PROVINCE, established under Law No. 4818 and, consequently, extend the original term granted under Executive Order issued by the National Executive Branch of Government No. 87/91, pursuant to the terms and conditions
set forth hereunder. 
 The extension of the term applicable to this Area Exploitation Concession identified hereinabove shall be for a ten
(10) years’ period, counted as from expiration of the original concession term. Thus, expiration thereof shall take place on the following date: 

1) “ENTRE LOMAS” on January 21, 2026. 

Section 2: REPRESENTATIONS AND WARRANTIES 
 2.1.
CONCESSIONAIRE hereby represents and warrants irrevocably to the PROVINCE that: 
 2.1.1. It shall comply, in due and timely manner, with the exploitation
investment commitment proposed under paragraph 12.6. of the Bidding Terms and Conditions, which value is established in paragraph 3.6. and detailed in Exhibit A to this Agreement, in order to increase hydrocarbons’ reserves and production
thereof. 
 2.1.2. It shall perform exploration activities at the remaining exploration area as may be available, pertaining to the Area which title is held
thereby and mentioned in Section 1 hereof and the comprehensive assessment of all reservoirs located thereat, for the purpose of permitting the increase of reserves so as to maintain a proper production level and horizon thereof based upon the
technical and financial feasibility of reservoirs. 
 2.1.3. It shall perform the works in accordance with the most reasonable, modern and efficient
techniques in a manner consistent with the characteristics and size of the reserves proven, ensuring at the same time the highest production of hydrocarbons compatible with economic exploitation and technically suitable for the field. 

2.1.4. It shall perform, in due and timely manner, the environmental remediation and/or sanitation works and it shall carry out such activities in accordance
with the most reasonable, modern and efficient techniques as may be approved by the Secretariat of Environment of the Province and/or any authority as may replace or substitute it in the future, within the framework of the effective legislation.

 2.2. The PROVINCE hereby represents and warrants irrevocably to CONCESSIONAIRE that: 

2.2.1. The PROVINCE is fully empowered to enter into this Agreement and perform obligations thereof hereunder. 

 2.2.2. The execution, delivery and performance of this Agreement do not violate any provisions whatsoever
under the applicable regulations, or any resolution, decision or ruling issued by any national or provincial governmental and/or court authority. In particular, the PROVINCE hereby represents and warrants that the extension of concessions is
governed by National Laws No. 17,319 and No. 26,197. 
 2.2.3. There are no actions, lawsuits, claims, complaints, audits, arbitration,
investigation or proceedings (either civil, criminal, administrative, investigation or otherwise) preventing the PROVINCE from executing this Agreement. 

2.2.4. CONCESSIONAIRE shall exercise peaceful use and enjoyment of the exploitation and transportation concession held thereby for the entire term of the
Exploitation Concession and extensions thereof, and the PROVINCE shall indemnify and hold CONCESSIONAIRE harmless from and against any claims or actions or decisions or legislative changes which may adversely affect or change the title regime
applicable to the surface area of the Exploitation Concession within the jurisdiction of the PROVINCE. 
 Section 3: RENEGOTIATION CONDITIONS

 3.1. Fixed Fee: CONCESSIONAIRE shall pay to the PROVINCE as Fixed Fee for the renegotiated area, the aggregate amounts indicated hereinbelow: 

For renegotiation of the CONCESSION: United States Dollars Thirty-Four Million Five Hundred and Twenty-five Thousand (USD 34,525,000). Payment of this
aggregate amount shall be effected in one (1) payment made at the offer exchange rate published by Banco de la Nación Argentina as of the close of business on the third day prior to payment, within a five
(5) business days’ term following legislative confirmation of the AGREEMENT. 
 Payment to the PROVINCE shall be made by wire transfer to the
account to be informed thereby in writing to CONCESSIONAIRE at least two (2) business days prior to the payment date. 
 3.2. Contribution to Social
Development and Institutions Strengthening: CONCESSIONAIRE hereby undertakes to make a cash contribution to the PROVINCE amounting to United States Dollars Eight Million (USD 8,000,000) (equivalent to twenty percent (20%) of the Fixed Fee) to be
allocated to funding construction of building infrastructure and/or acquisition of operating equipment to be located at education and/or health institutions and/or governmental agencies. Such Contribution to Social Development and Institutions
Strengthening shall be paid in full (i.e. 100%) to the PROVINCE at the offer exchange rate published by Banco de la Nación Argentina as of the close of business on the third day prior to payment, within a five
(5) business days’ term following legislative confirmation of the Agreement. Payment shall be made by wire transfer to the account to be informed by the Province in writing to CONCESSIONAIRE at least two (2) business days prior to the
payment date. 
 Furthermore, the PROVINCE undertakes to inform CONCESSIONAIRE on a regular basis about the application of funds invested in the
above-mentioned items. 
 3.3. Supplementary Contribution: CONCESSIONAIRE undertakes to make the contributions as described hereinbelow, ninety
percent (90%) of which shall be allocated to the PROVINCE and ten percent (10%) of which shall be allocated to EDHiPSA: 

 3.3.1. Oil Supplementary Contribution: It consists in three percent (3%) of monthly Oil Production.
This commitment encompasses Oil Production as from the relevant month immediately succeeding the effective date of the Agreement. Settlement in cash of the relevant equivalent amount, valued as of the monthly Oil Production closing date on the basis
of prices actually obtained by CONCESSIONAIRE in the respective monthly volumes produced sale transactions, shall be effected by means of a deposit in Account No. 900001006, Bank Routing Number (CBU): 0340100800900001006004 in the name
of “Gobierno de la Provincia de Río Negro” (Government of the Province of Río Negro) (Taxpayer Identification Number – CUIT—30-67284630-3) and in Account No. 730012233, Bank Routing Number (CBU): 0340251300730012233005, Branch 251, in the name of EDHiPSA (Taxpayer Identification Number –
CUIT—30672878825), both accounts opened in Banco Patagonia, or in any other accounts as THE PROVINCE and/or the ENFORCEMENT AUTHORITY and/or EDHiPSA may indicate by any sufficient means in due course; 

3.3.2. Gas Supplementary Contribution: It consists in three percent (3%) of monthly Gas Production. This commitment encompasses Gas Production as from
the relevant month immediately succeeding the effective date of the Agreement. Settlement in cash of the relevant equivalent amount, valued as of the monthly Gas Production closing date, on the basis of prices actually obtained by CONCESSIONAIRE in
the respective monthly volumes produced sale transactions, shall be effected by means of a deposit in Account No. 900001006, Bank Routing Number (CBU): 0340100800900001006004 in the name of “Gobierno de la Provincia de
Río Negro” (Government of the Province of Río Negro) (Taxpayer Identification Number – CUIT—30-67284630-3) and in Account
No. 730012233, Bank Routing Number (CBU): 0340251300730012233005, Branch 251, in the name of EDHiPSA (Taxpayer Identification Number – CUIT—30672878825), both accounts opened in Banco Patagonia, or in any other accounts
as THE PROVINCE and/or the ENFORCEMENT AUTHORITY and/or EDHiPSA may indicate by any sufficient means in due course. 
 3.3.3. For the purpose of payment of
the items described in paragraphs 3.3.1. and 3.3.2. above, such payments due dates shall be on the deadlines established for payment of royalties under the Secretariat of Energy resolutions. The exchange rate to be applied shall be the offer
exchange rate published by Banco de la Nación Argentina prevailing as of the close of business on the business day immediately preceding the due date. 

3.4. Training, Research and Development Commitment: CONCESSIONAIRE shall pay each year to the PROVINCE, on account of the Exploitation Concession which
term is extended hereunder, an annual contribution to be allocated to the items mentioned as per the amounts indicated below: 
 3.4.1. United States Dollars
Twenty-five Thousand (USD 25,000) in those cases where the Area production volume shall be up to 500 BOE/day. 
 3.4.2. United States Dollars Fifty Thousand
(USD 50,000) in those cases where the Area production volume shall be higher than 500 BOE/day. 
 3.4.3. For the first annual charge, CONCESSIONAIRE shall
effect payment of such amount within five (5) business days following legislative confirmation of the Agreement, by wire transfer to an account to be informed by the Province in writing to CONCESSIONAIRE at least two (2) business days in
advance of the payment date. The following annual charges shall be paid prior to February 28 each year. Such payments shall be made as per the offer exchange rate published by Banco de la Nación Argentina, as of the close of
business on the third day prior to payment. 

 3.5. Default: Upon failure to effect timely payment of the Fixed Fee, the Contribution to Social
Development and Institutions Strengthening, the (Oil and Gas) Supplementary Contribution, or the Training, Research and Development Commitment, default by CONCESSIONAIRE shall occur automatically and late payment interest shall accrue, to the
benefit of the PROVINCE and/or EDHiPSA, without the need of any demand notice whatsoever, from the due date to the date of actual payment thereof, equivalent to interest applicable to general discounting transactions at Banco de la Nación
Argentina. For the purposes of calculation of interest, any amounts denominated in foreign currency shall be converted into Pesos at the offer exchange rate published by Banco de la Nación Argentina, as of the close of business on
the third day prior to the due date. 
 3.6. Development and Investment Plan: CONCESSIONAIRE undertakes to perform a Development and Investment Plan
which shall include, in accordance with the terms mentioned in paragraph 2.1 hereof, all items of investment and expenses for a minimum amount of United States Dollars Six Hundred Seventy-two Million, Three
Hundred and Twenty Thousand (USD 672,320,000) applicable to the EXPLOITATION CONCESSION, as per the scope detailed in Exhibits A and B to this Agreement. 

Exhibit A contains a detail of the fields’ exploitation investments, projected until the end of the Agreement term, with an aggregate expenditure
commitment of United States Dollars Three Hundred and Sixty-eight Million, Four Hundred and Seventy Thousand (USD 368.470.000). The foregoing amount includes contingent investments under development of the concession for up to United States Dollars
One Hundred and Forty-two Million, One Hundred and Ten Thousand (USD 142,110,000), subject to the results obtained from the exploration activity. It also contains a detail of anticipated expenses amounting to
United States Dollars Two Hundred Eighty-Six Million, One Hundred and Ten Thousand (USD 286,110,000). Such amount includes contingent expenses subject to the results obtained from the exploration activity.

 Exhibit B contains a detail of the investments for exploration with an aggregate expenditure commitment amounting to United States Dollars Seventeen
Million, Seven Hundred and Forty Thousand (USD 17,740,000). 
 Such investment and expenses commitment for exploration detailed in Exhibit B attached hereto
is valid always provided that, during the effective term of such EXPLOITATION CONCESSIONS: a) no total or partial reversions thereof shall operate; b) the remaining exploration surface area shall not be reduced by reason of enlargement and/or
appearance of exploitation lots, in which case the relevant adjustments shall be performed. Such particular cases as may result in deviations from the amounts mentioned above shall be submitted for consideration by the ENFORCEMENT AUTHORITY in order
to obtain approval thereof. 
 Total or partial reversions set forth in paragraph a), as well as reductions established in paragraph b) shall have effects
only as from January 1 of the year immediately succeeding the year when they have been petitioned. As from such opportunity, the ENFORCEMENT AUTHORITY shall make any adjustments as may be applicable in case of approval thereof. 

 3.7. Supervision and Control: Follow-up of works,
expenditures and investments to be made within the concessions identified under Section 1 hereof shall be in charge of the ENFORCEMENT AUTHORITY. 
 In
compliance with the terms of Sections 12.7. and 12.11. of Exhibit I to Law No. 4,818, CONCESSIONAIRE undertakes to abide by the inspection and supervision programs to be performed by the ENFORCEMENT AUTHORITY. 

3.8. Río Negro Resources’ Use (Compre Rionegrino): CONCESSIONAIRE, as well as contractors and
subcontractors thereof, in connection with all engagements made thereby within the framework of the EXPLOITATION CONCESSION, shall utilize at least eighty percent (80%) of local labor, suppliers and services companies, for the purposes of promoting
the creation and maintenance of permanent jobs depending on the oil industry and consolidation of a competitive local market, through the strengthening of Río Negro’s small and medium-sized
companies and the increase of products, goods and services offered relating all the oil-industry employees, producers, industrial employees, professionals, businesspersons, and works and services companies
engaged in all segments settled in the PROVINCE. In this regard, it shall include, as part of its annual plans, programs aimed at increasing its network of goods, services and works’ providers, aiming at affording priority to the engagement of
Río Negro employees, acquisitions in the local market and establishing medium and long term contractual frameworks, in order to contribute to sustainability of the activity in the region, under equivalent conditions in terms of capacity,
responsibility, quality and price. 
 CONCESSIONAIRE and the ENFORCEMENT AUTHORITY shall conduct continuing monitoring of the evolution levels of local and
regional services’ engagement, in order to analyze the difficulties or obstacles encountered and the changes or actions to be taken in order to facilitate such circumstances. In those cases where special circumstances shall exist, such events
shall be evaluated by the PARTIES at the request of any of them. 
 Insofar as companies are concerned, a company is deemed to meet such “local”
requirement if such company has an operations’ base settled in the PROVINCE and if PROVINCE taxes are levied thereon. As concerns labor, such “local” status requirement is met if the relevant person furnishes evidence of actual
residence in the PROVINCE for at least two (2) years. The above-mentioned percentage must be observed in equal proportions for operations, base, clerical and supervision personnel and senior executive employees. 

Notwithstanding, in those cases where by reason of the specific circumstances and/or the characteristics of tasks to be performed and/or disadvantageous
conditions of capacity, responsibility, quality or price, it is not possible or convenient (e.g. in case of unavailability of failure to deliver within the terms required for the operation, safety of people or facilities, etc.) to hire local labor,
suppliers or services companies, CONCESSIONAIRE shall be released from such obligation by furnishing evidence of such circumstances to the ENFORCEMENT AUTHORITY at its request. In all such cases, for the purposes of contracting or subcontracting
works or services necessary to perform the activity, CONCESSIONAIRE shall implement the necessary selection procedures guaranteeing transparency, effective competition and efficiency principles. 

 Furthermore, for the purposes of contracting or subcontracting works or services necessary to perform the
activity, medium and long term contractual frameworks must be used, unless such works or services engaged are required for a period shorter than the above-mentioned term. 

Regardless of the domicile established in the city of Cipolletti, pursuant to the terms set forth in paragraph 4.1.1.4. of the Call for Bids’ Bidding
Terms and Conditions, CONCESSIONAIRE shall maintain, throughout the entire effective term of the Agreement, at least one operations’ base located in the PROVINCE. 

3.9. Corporate Social Responsibility: CONCESSIONAIRE shall contribute, within the state scope of the PROVINCE, to development in terms of education,
environment, health, culture, science and research, renewable energy and community development, on the basis of diagnosis to be performed by the PARTIES in line with the sustainability policy implemented by CONCESSIONAIRE. 

In this regard, Corporate Social Responsibility shall mean adoption by CONCESSIONAIRE of a commitment to participate as a member of the local and regional
society in which it is involved, contributing to sustainable development of such communities it forms part of and conducting investments aimed at creating shared value and sustained mutual benefits. 

On an annual basis, CONCESSIONAIRE shall submit a sustainability report indicating the programs and actions implemented, including indicators establishing the
results obtained and the improvement lines proposed to be implemented on the following year. 
 3.10. Environment: CONCESSIONAIRE shall be bound to
comply, throughout the entire EXPLOITATION CONCESSION term, with all the effective environmental statutory regulations, applicable to the holders of such permits and concessions and with any other regulations as may be enacted in the future and, in
particular, with the following regulations: Section 41 of the Argentine Constitution and Sections 84 and 85, related to Section 79 of the Province of Río Negro Constitution; Provincial Law Q 2,952 (Water Code) and Provincial Law M
3,266 (Regulation of Environmental Impact Assessment Procedure) and regulatory executive orders thereof; National Law No. 17,319 and effective regulations thereof; Provincial Executive Order No. 452/05 and Resolutions issued by the
Secretariat of Energy of Argentina No. 105/92, 319/93, 341/93, 05/96, 201/96, 24/04, 25/04 and 785/05; as well as the regulations enacted by the competent authority in the future. In particular, CONCESSIONAIRE obligations shall include adoption
of the necessary measures for prevention of contamination, either caused by operations or by accident, as well as any other regulations governing abandonment of facilities and reasonable use of resources. 

CONCESSIONAIRE undertakes to remediate environmental liabilities reported in due course under the relevant affidavits and which are made an integral part
hereof as Exhibit C to this AGREEMENT, in accordance with the remediation plans to be submitted on an annual basis within the first 60 (sixty) calendar days of each year to the ENFORCEMENT AUTHORITY for approval. Each annual plan shall indicate:
type of liability, location, size, remediation methodology proposed, estimated investment amount to be disbursed over the year stated in United States Dollars, stages and anticipated performance term and type of monitoring and control proposed. The
annual plan submitted shall be considered to have been approved if no objections are made by the ENFORCEMENT AUTHORITY thereto, within a maximum twenty (20) business days’ term following receipt thereof. 

 The aggregate investment undertaken by CONCESSIONAIRE for performance of the relevant remediation plans
pertaining to the area involved in the extension agreed upon under this Agreement, as indicated in Exhibit C hereto, amounts to United States Dollars Six Million, Three Hundred and Eighty-Three Thousand, Seven Hundred and Ninety (USD 6,383,790). For
the purposes of guaranteeing compliance with the investment undertaken, the PROVINCE may claim to CONCESSIONAIRE posting of bond for a sufficient amount as per the terms of Section 4.1.6.2. of Exhibit I to Law No. 4,818. Notwithstanding
that, should the remediation works eventually require a higher amount than committed, the entire cost shall be borne by CONCESSIONAIRE. 
 The list of
liabilities arising from Exhibit C hereto shall not release CONCESSIONAIRE from legal liability stemming from other liabilities which have not been disclosed thereby or which have not been detected by the ENFORCEMENT AUTHORITY to date. If existence
of such liabilities is detected in the future, such liabilities shall be remediated within the reasonable terms fixed by the ENFORCEMENT AUTHORITY pursuant to the applicable legislation. The foregoing terms shall apply notwithstanding full exercise
of the police power vested in the ENFORCEMENT AUTHORITY and/or the competent provincial authority in this regard (i.e. environmental protection and sustainable development). 

The ENFORCEMENT AUTHORITY puts on record that, in case of non-compliance in due and/or timely manner, the ENFORCEMENT
AUTHORITY shall be thus empowered to apply the penalties as may be applicable to CONCESSIONAIRE through the relevant competent authority. 
 3.11. State
of Facilities: Based upon the terms set forth in paragraph a.3 of Section 4 of Law No. 4,818, the PARTIES have agreed to approve the Program which is made an integral part of this AGREEMENT as Exhibit D hereto, whereby CONCESSIONAIRE
undertakes to cure appropriately any defects and abnormal conditions detected during the visits to the area. 
 The ENFORCEMENT AUTHORITY puts on record
that, in case of non-compliance in due and timely manner, the ENFORCEMENT AUTHORITY shall be thus empowered to apply the penalties as may be applicable to CONCESSIONAIRE. 

3.12. Exploration Surface Areas: Notwithstanding CONCESSIONAIRE’s right to proceed to partial or total reversion of supplementary exploration
surface areas, always provided that such reversion is not contrary to the effective legislation and evaluating the reasons and the grounds justifying such reversion, attempting in all cases to ensure convenient geographic proportions for future
exploitation of the reverted areas, the PARTIES agree that the boundaries and areas of the EXPLOITATION CONCESSION being the subject-matter hereof are defined as per the terms indicated in Exhibit E hereto, based upon the expenditure commitments
undertaken by CONCESSIONAIRE by virtue of the AGREEMENT and in accordance with geology knowledge of CONCESSIONAIRE whereby they are established as the best option to perform supplementary exploration activities at the CONCESSION. 

 For the purposes of guaranteeing compliance with the effective laws and in order to ensure that
supplementary exploration areas intended to be reverted form convenient geographic proportions for future exploitation thereof, reversion petitions made by CONCESSIONAIRE – indicating the reasons and grounds justifying such reversion –
shall be expressly approved by the ENFORCEMENT AUTHORITY and shall only become effective as from January 1 of the year immediately following petition thereof. 

3.12.1. Payment of the relevant option fee for retaining the remaining surface area at the EXPLOITATION CONCESSION (National Executive Order No. 820/98)
is not a sufficient condition to retain such area, without performance of the relevant exploration investments. 
 3.12.2. Pursuant to the terms specified
under Exhibit B, and within the terms established thereunder, every year until termination of the Agreement, CONCESSIONAIRE shall invest, for exploration purposes, an amount at least equivalent to two (2) Work Units (WU) per km2 of the
remaining surface area. 
 3.12.3. Each WU is equivalent to United States Dollars Five Thousand (USD 5,000) and such amount shall be updated by the Argentine
Secretariat of Energy. 
 3.12.4. In those cases where more WU than committed are performed over a year, such WU may be carried forward up to the next
succeeding three (3) years and they shall be adjusted in case the update set forth in paragraph 3.12.3. is applied. 
 3.12.5. Upon failure by
CONCESSIONAIRE to comply with the investment commitment applicable to a given year, it shall post bond in cash to the Enforcement authority and it may carry its obligations forward for up to a maximum accumulated three (3) years’ term.
Upon expiration of such term, the Enforcement Authority may foreclose on such bond for the obligation assumed. 
 3.12.6. In those cases where exploration
works are performed inside the Exploitation Concession exploitation lot, the Enforcement Authority may consider such works as WU within the remaining exploration surface area, in case exploration works are performed at deeper horizons than actually
under production. 
 3.12.7. Upon failure by CONCESSIONAIRE to act in accordance with the provisions set forth in paragraphs 3.12.1, 3.12.2 y 3.12.5 above,
it shall forfeit its rights to the remaining exploration surface area, and such area shall be returned to the PROVINCE. 
 3.13. Public Water Industrial
Use: CONCESSIONAIRE shall pay, on a regular basis, to the Provincial Water Department or to the provincial agency as may replace and/or substitute it in the future, the relevant amounts applicable to consumption of public water for industrial
use. 
 3.14. Quarries: Materials used in the activity shall be obtained from mining quarries duly authorized by the relevant Provincial Authority.
Upon breach of this obligation, CONCESSIONAIRE shall be jointly and severally liable for violations of the Mining Procedure Code as may be attributable to the quarry’s owner and/or to the party entitled to exploitation thereof. 

3.15. Trainee Programs: CONCESSIONAIRE undertakes to include, on an annual basis, and in connection with the CONCESSION which term is extended
hereunder, at its expense, an university / college student settled in the Province of Río Negro and enrolled in any course of studies relating to the hydrocarbons’ segment, hired under Law No. 26,427and related provisions, so as to
provide them with training in connection with industry-related activities. 

 3.16. IT Licenses: CONCESSIONAIRE shall purchase, at its expense and in the name of the ENFORCEMENT
AUTHORITY and/or whoever it may designate, a GIS or similar license being suitable for performance of the terms under paragraph 4.1.8. of the Bidding Terms and Conditions; otherwise, at the request of the ENFORCEMENT AUTHORITY, it shall deliver the
equipment as indicated thereby in lieu thereof, for an equivalent amount. 
 3.17. Turnover Tax: CONCESSIONAIRE undertakes to pay, as from the
effective date of this AGREEMENT, a three percent (3%) Turnover Tax rate for extraction of liquid and/or gaseous hydrocarbons dispatched without issuing the relevant invoices outside the Province of Río Negro, either sold in their state at
the time of extraction or in the form of byproducts obtained after industrialization processes. Such tax rate shall be maintained throughout the effective term of the EXPLOITATION CONCESSION, and extensions thereof, without any additions or
supplements. 
 Section 4: INFORMATION TO BE DELIVERED TO THE ENFORCEMENT AUTHORITY 

During the effective term of the CONCESSION, CONCESSIONAIRE shall furnish, in due and timely manner, to the ENFORCEMENT AUTHORITY such technical documents,
information and programs according to the terms set forth by the applicable provincial and national regulations currently in effect. 
 Section 5:
EFFECTIVE DATE 
 Unless otherwise established expressly hereunder, all the obligations undertaken under this AGREEMENT shall become enforceable as
from confirmation hereof by the Provincial Legislature. Upon failure to obtain such confirmation from the Provincial Legislature within thirty-nine (39) days counted as from execution hereof, this AGREEMENT shall be terminated without any
effects whatsoever stemming herefrom between the PARTIES, and without any liability attributable thereto. 
 Section 6: STAMP TAX 

Pursuant to the terms set forth under Section 9 of Law No. 4,818, for the purpose of stamp tax calculation, the taxable based under this AGREEMENT
shall be based on the amount agreed upon as Fixed Fee hereunder. CONCESSIONAIRE shall be bound to effect total payment of this tax pursuant to the terms prescribed by Law No. 4,818. 

Section 7: TECHNICAL LIAISON COMMITTEE 
 The
ENFORCEMENT AUTHORITY and CONCESSIONAIRE shall form a Technical Liaison Committee, comprised of two (2) representatives of the ENFORCEMENT AUTHORITY and two (2) representatives of CONCESSIONAIRE. 

Such Committee shall meet mandatorily at least once every one hundred and eighty (180) days, at a place to be determined by the ENFORCEMENT AUTHORITY and
it shall convene extraordinary meetings if necessary, for the purpose of monitoring development of activities related to the field exploration and/or exploitation. 

 The matters discussed at each meeting and the agreements arrived at shall be put on record under minutes
duly signed by the parties. 
 Section 8: EVENTS OF BREACH 

In the event of repeated events of material and unjustified breach by CONCESSIONAIRE of the obligations undertaken under Sections 3.1., 3.2., 3.3. and 3.6. of
this AGREEMENT, the terms of Section 80 of Law No. 17,319 may apply. Prior to the termination declaration, the PROVINCE shall give notice to CONCESSIONAIRE demanding the latter to cure any potential breach within a reasonable term. 

The foregoing terms shall apply notwithstanding the power, which may not be waived in any case whatsoever, of the ENFORCEMENT AUTHORITY to demand compliance
in kind with all the breached obligations and commitments through the administrative and/or judicial proceedings as may be appropriate. Breach of the obligations and commitments undertaken by CONCESSIONAIRE under the AGREEMENT which have not been
included in the first paragraph of this Section shall not entail application of the penalty established under Section 80 of Law No. 17,319, but such performance may be demanded by means of the relevant administrative or court proceedings
before the competent authorities. The PROVINCE shall thus reaffirm the powers entrusted thereto to apply the penalties through the competent administrative authorities, subject to the effective applicable laws. 

Section 9: APPLICABLE LAW. DISPUTE RESOLUTION 
 9.1.
This AGREEMENT establishes all the rights and obligations of the PARTIES and constitutes the entire and final agreement of the PARTIES in connection with the subject-matter hereof and, following confirmation by the Provincial Legislature, the terms
hereof shall supersede and prevail over any other prior agreement and/or regulations in connection with the CONCESSION renegotiation. 
 This AGREEMENT
shall be governed by and construed in accordance with the effective national and provincial laws. 
 For the purposes of regulatory construction, the
following order of priority shall be observed in case of controversy: 
 a. Section 124 of the Argentine Constitution. 

b. Sections 70 and 79 of the Provincial Constitution. 
 c.
National Laws No. 17,319, No. 24,145, No. 26,197 and the Mining Code of Argentina, regulatory executive orders and amendment laws, as well as the environmental and safety regulations described in the following paragraph. 

d. Provincial Law Q 4,296 and Provincial Law Q 2,627 and Regulatory Executive Order No. 24/03 thereof. 

e. Provincial Law No. 3,250 (Special Waste Management and Environmental Protection), Provincial Law No. 3,266 (Environmental Impact Assessment
Procedure Regulation), Provincial Law No. 2,952 (Water Code), Provincial Law No. 4,187 and Provincial Executive Order No. 492/05. 

 f. Executive Orders issued by the National Executive Branch of Government regulating the hydrocarbons’
activity. 
 g. Executive Orders issued by the Provincial Executive Branch of Government regulating the hydrocarbons’ activity. 

h. Resolutions issued by the Argentine Secretariat of Energy regulating the hydrocarbons’ activity. 

i. Resolutions issued by the Secretariat of Energy of Río Negro regulating the hydrocarbons’ activity. 

j. Resolutions issued by the Secretariat of Hydrocarbons of Río Negro regulating the hydrocarbons’ activity. 

9.2. The PARTIES shall resolve in good faith, by mutual consultation, any questions or controversy arising from or in connection with the AGREEMENT and they
shall endeavor to reach an agreement in connection with such matters or controversies. 
 9.3.Any differences as may arise in connection with construction
and application of this AGREEMENT which may not be resolved between the PARTIES shall be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District in and for the Province of Río Negro, with seat in the City of
Viedma, expressly excluding and waiving any other venue or jurisdiction as may be applicable thereto. 
 This AGREEMENT is entered into by the PARTIES at
the place and on the date as first written hereinabove, in three (3) counterparts of the same tenor and to only one effect. 
 Eng. Néstor
Marcelo Echegoyen, Secretary of Energy of the Province of Río Negro.- Mario Alejandro Brarda, Attorney-in-fact for Petrolera Entre Lomas S.A.—Rubén
Nicolás Kondratzky, Attorney-in-fact for Petrolera Entre Lomas S.A. 

Exhibit A 
 EXPLOITATION
INVESTMENT PLAN 
 The exploitation investment plan is aimed at developing the reserves at “Entre Lomas” Area until termination of the AGREEMENT.
Therefore, CONCESSIONAIRE undertakes to perform drilling of new wells and adjustment, improvement and optimization of facilities in order to obtain the greatest level of recovery at the reserves, both discovered and to be discovered, by means of
operations reasonably compatible with appropriate exploitation, from a financial and technical standpoint, of the field. 
 Moreover, it details the annual
investments divided into: Wells Drilling, Batteries, Treatment Plants, Aqueducts, Pipelines, Oil Pipelines, Gas Pipelines and others; in accordance with the Argentine Secretariat of Energy (SEN) form (Res. 2057/2005 Exhibits I and II) and
anticipated annual expenses in connection with Labor, Workover, Services, Energy, Materials and others (Lifting Cost Components). 

 LAW No. 4,818 – EXHIBIT A 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

 

							
	INVESTMENTS PERFORMED / TO BE PERFORMED ACTION PLAN	  	YEAR	  	2015-2026
	EXPLOITATION CONCESSION	  	ENTRE LOMAS AREA	  		  	
	OPERATOR	  	PETROLERA ENTRE LOMAS S.A.	  		  	
	PROVINCE	  	RÍO NEGRO	  		  	
	FIELD	  	Charco Bayo, Piedras Blancas, La Pista, Borde Mocho	  	NEUQUEN	  	BASIN

  

																									
	 	  	INVESTMENT	 
	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN DESCRIPTION
	  	Quantity	 	  	Units	  	Million USD	 	  	Quantity	 	  	Units	  	Million USD	 	  	Million USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km 2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  	 	28	 	  	WELLS	  	 	65.59	 	  				  	WELLS	  				  	 	65.59	 
	 Gas Wells Drilling (#)
	  	 	39	 	  	WELLS	  	 	142.11	 	  				  	WELLS	  				  	 	142.11	 
	 Drain pit Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  	 	4	 	  	WELLS	  	 	6,46	 	  				  	WELLS	  				  	 	6.46	 
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  	 	6	 	  	WELLS	  	 	2.62	 	  				  	WELLS	  				  	 	2.62	 
	 Wells Abandonment
	  	 	1	 	  	WELLS	  	 	0.14	 	  				  	WELLS	  				  	 	0.14	 
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  	 	2.22	 	  				  		  				  	 	2.22	 
	 Oil Pumping Equipment
	  				  		  	 	28.10	 	  				  		  				  	 	28.10	 
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  	 	20.76	 	  				  		  				  	 	20.76	 
	 Storage Plants
	  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  	 	3.60	 	  				  		  				  	 	3.60	 
	 Liquid Gas Separation Plants
	  				  		  	 	7.00	 	  				  		  				  	 	7.00	 
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  	 	1.61	 	  				  		  				  	 	1.61	 
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  			
	 Environment
	  				  		  	 	11.12	 	  				  		  				  	 	11.12	 
	 Other Investments (*)
	  				  		  	 	77.14	 	  				  		  				  	 	77.14	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

													
	INVESTMENTS PLAN TO BE PERFORMED	  	YEAR	 	  	2015-2026
	OPERATOR	  	PETROLERA ENTRE LOMAS S.A.	  	 
	CONCESSION	  	ENTRE LOMAS AREA	 	  	 	  	INVESTMENTS
	NEUQUEN	  	BASIN	 	  	EXPLOITATION	  	SUPPLEMENTARY
EXPLORATION	 	  	TOTAL
	 TOTAL FIELDS
	  				  	368.47	  				  	368,47
		
	 THE INFORMATION STATED HEREIN IS CONSIDERED TO BE IN THE NATURE OF AN
AFFIDAVIT
	  	 
	NAME OF THE
ATTORNEY-IN-FACT

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																																	
	 	  	Year 2015	 	  	Year 2016	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  	 	7	 	  	WELLS	  	 	17.03	 	  				  	WELLS	  				  	 	17.03	 	  	 	7	 	  	WELLS	  	 	15.50	 	  				  	WELLS	  				  	 	15.50	 
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  	 	4	 	  	WELLS	  	 	6.46	 	  				  	WELLS	  				  	 	6.46	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover (#)
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  	 	3	 	  	WELLS	  	 	1.21	 	  				  	WELLS	  				  	 	1.21	 	  	 	3	 	  	WELLS	  	 	1.41	 	  				  	WELLS	  				  	 	1.41	 
	 Wells Abandonment
	  	 	1	 	  	WELLS	  	 	0,14	 	  				  	WELLS	  				  	 	0.14	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  	 	0.36	 	  				  		  				  	 	0.36	 	  				  		  	 	0.38	 	  				  		  				  	 	0.38	 
	 Oil Pumping Equipment
	  				  		  	 	4.59	 	  				  		  				  	 	4.59	 	  				  		  	 	4.81	 	  				  		  				  	 	4.81	 
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  	 	3.39	 	  				  		  				  	 	3.39	 	  				  		  	 	3.55	 	  				  		  				  	 	3.55	 
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  	 	0.59	 	  				  		  				  	 	0.59	 	  				  		  	 	0.62	 	  				  		  				  	 	0.62	 
	 Liquid Gas Separation Plants
	  				  		  	 	1.14	 	  				  		  				  	 	1.14	 	  				  		  	 	1.20	 	  				  		  				  	 	1.20	 
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  				  		  	 	0.26	 	  				  		  				  	 	0.26	 	  				  		  	 	0.28	 	  				  		  				  	 	0.28	 
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  	 	1.82	 	  				  		  				  	 	1.82	 	  				  		  	 	1.90	 	  				  		  				  	 	1.90	 
	 Other Investments (*)
	  				  		  	 	3.68	 	  				  		  				  	 	3.68	 	  				  		  	 	11.85	 	  				  		  				  	 	11.85	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 40.67
	 	0.00	 	40.67	 	41.50	 	0.00	 	41.50

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																																	
	 	  	Year 2017	 	  	Year 2018	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km,	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Krj2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  	 	5	 	  	WELLS	  	 	11.73	 	  				  	WELLS	  				  	 	11.73	 	  	 	5	 	  	WELLS	  	 	11.80	 	  				  	WELLS	  				  	 	11.80	 
	 Gas Wells Drilling
	  	 	1	 	  	WELLS	  	 	2.68	 	  				  	WELLS	  				  	 	2.68	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover (#)
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  	 	0.38	 	  				  		  				  	 	0.38	 	  				  		  	 	0.38	 	  				  		  				  	 	0.38	 
	 Oil Pumping Equipment
	  				  		  	 	4.81	 	  				  		  				  	 	4.81	 	  				  		  	 	4.81	 	  				  		  				  	 	4.81	 
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  	 	3.55	 	  				  		  				  	 	3.55	 	  				  		  	 	3.55	 	  				  		  				  	 	3.55	 
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  	 	0.62	 	  				  		  				  	 	0.62	 	  				  		  	 	0.62	 	  				  		  				  	 	0.62	 
	 Liquid Gas Separation Plants
	  				  		  	 	1.20	 	  				  		  				  	 	1.20	 	  				  		  	 	1.20	 	  				  		  				  	 	1.20	 
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  				  		  	 	0.28	 	  				  		  				  	 	0.28	 	  				  		  	 	0.28	 	  				  		  				  	 	0.28	 
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  	 	1.90	 	  				  		  				  	 	1.90	 	  				  		  	 	1.90	 	  				  		  				  	 	1.90	 
	 Other Investments (*)
	  				  		  	 	11.85	 	  				  		  				  	 	11.85	 	  				  		  	 	11.85	 	  				  		  				  	 	11.85	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS (MM
USD)	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 39.00
	 	0.00	 	39.00	 	36.39	 	0.00	 	36.39

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																																	
	 	  	Year 2019	 	  	Year 2020	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  	 	4	 	  	WELLS	  	 	9.53	 	  				  	WELLS	  				  	 	9.53	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  	 	1	 	  	WELLS	  	 	2.68	 	  				  	WELLS	  				  	 	2.68	 	  	 	4	 	  	WELLS	  	 	13.61	 	  				  	WELLS	  				  	 	13.61	 
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover (#)
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  	 	0.38	 	  				  		  				  	 	0.38	 	  				  		  	 	0.34	 	  				  		  				  	 	0.34	 
	 Oil Pumping Equipment
	  				  		  	 	4.81	 	  				  		  				  	 	4.81	 	  				  		  	 	4.26	 	  				  		  				  	 	4.26	 
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  	 	3.55	 	  				  		  				  	 	3.55	 	  				  		  	 	3.15	 	  				  		  				  	 	3.15	 
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  	 	0.62	 	  				  		  				  	 	0.62	 	  				  		  	 	0.55	 	  				  		  				  	 	0.55	 
	 Liquid Gas Separation Plants
	  				  		  	 	1.20	 	  				  		  				  	 	1.20	 	  				  		  	 	1.06	 	  				  		  				  	 	1.06	 
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  				  		  	 	0.28	 	  				  		  				  	 	0.28	 	  				  		  	 	0.24	 	  				  		  				  	 	0.24	 
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  	 	1.90	 	  				  		  				  	 	1.90	 	  				  		  	 	1.69	 	  				  		  				  	 	1.69	 
	 Other Investments (*)
	  				  		  	 	11.85	 	  				  		  				  	 	11.85	 	  				  		  	 	11.41	 	  				  		  				  	 	11.41	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

( MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 36.80
	 	0.00	 	36.80	 	36.31	 	0.00	 	36.31

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																							
	 	  	 Year 2021
	 	  	Year 2022	 
	 	  	 INVESTMENTS
	 	  	INVESTMENTS	 
	  	 EXPLOITATION
	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 	  	EXPLOITATION	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	 Qty.
	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 	  	Qty.	 	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 
	 2D Seismic Data Acquisition
	  		  	Km	  	 	—  	 	  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 3D Seismic Data Acquisition
	  		  	Km2	  				  		  	Km2	  		  				  				  	Km2	  				  		  	Km2	  		  			
	 Gravimetry and/or Magnetometry
	  		  	Km2	  				  		  	Km 2	  		  				  				  	Km2	  				  		  	Km 2	  		  			
	 Exploration Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Advanced Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	P020S	  				  		  	WELLS	  		  			
	 Oil Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Drilling
	  	7	  	WELLS	  	 	24.54	 	  		  	WELLS	  		  	 	24.54	 	  	 	8	 	  	WELLS	  	 	28.67	 	  		  	WELLS	  		  	 	28.67	 
	 Drain pits Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Water Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Injection Wells Drilling for Enhanced Recovery
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Oil Wells Workover
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Workover (#)
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Conversion
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Abandonment
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Enhanced Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Secondary Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pumping Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Batteries and Dehydration and/or Desalting Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Storage Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 LACT Units
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Gas Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Natural Gas Collection Networks
	  		  	m	  				  		  	m	  		  				  				  	m	  				  		  	m	  		  			
	 Natural Gas Treatment Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Natural Gas Compression Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Liquid Gas Separation Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Engines and Compressors Repair and Update
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Telecommunications Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Lab Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Environment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Other Investments (*)
	  		  		  	 	4.26	 	  		  		  		  	 	4.26	 	  				  		  	 	3.83	 	  		  		  		  	 	3.83	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 28.80
	 	0.00	 	28.80	 	32.50	 	0.00	 	32.50

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																							
	 	  	 Year 2021
	 	  	Year 2022	 
	 	  	 INVESTMENTS
	 	  	INVESTMENTS	 
	  	 EXPLOITATION
	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 	  	EXPLOITATION	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	 Qty.
	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 	  	Qty.	 	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 
	 2D Seismic Data Acquisition
	  		  	Km	  	 	—  	 	  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 3D Seismic Data Acquisition
	  		  	Km2	  				  		  	Km2	  		  				  				  	Km2	  				  		  	Km2	  		  			
	 Gravimetry and/or Magnetometry
	  		  	Km2	  				  		  	Km 2	  		  				  				  	Km2	  				  		  	Km 2	  		  			
	 Exploration Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Advanced Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	P020S	  				  		  	WELLS	  		  			
	 Oil Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Drilling (#)
	  	7	  	WELLS	  	 	24.54	 	  		  	WELLS	  		  	 	24.54	 	  	 	8	 	  	WELLS	  	 	28.67	 	  		  	WELLS	  		  	 	28.67	 
	 Drain pits Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Water Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Injection Wells Drilling for Enhanced Recovery
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Oil Wells Workover
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Workover (#)
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Conversion
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Abandonment
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Enhanced Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Secondary Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pumping Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Batteries and Dehydration and/or Desalting Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Storage Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 LACT Units
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Gas Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Natural Gas Collection Networks
	  		  	m	  				  		  	m	  		  				  				  	m	  				  		  	m	  		  			
	 Natural Gas Treatment Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Natural Gas Compression Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Liquid Gas Separation Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Engines and Compressors Repair and Update
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Telecommunications Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Lab Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Environment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Other Investments (*)
	  		  		  	 	4.26	 	  		  		  		  	 	4.26	 	  				  		  	 	3.83	 	  		  		  		  	 	3.83	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 28.80
	 	0.00	 	28.80	 	32.50	 	0.00	 	32.50

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																							
	 	  	 Year 2023
	 	  	Year 2024	 
	 	  	 INVESTMENTS
	 	  	INVESTMENTS	 
	  	 EXPLOITATION
	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 	  	EXPLOITATION	 	  	 SUPPLEMENTARY EXPLORATION
	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	 Qty.
	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 	  	Qty.	 	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 
	 2D Seismic Data Acquisition
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 3D Seismic Data Acquisition
	  		  	Km2	  				  		  	KmZ	  		  				  				  	Km2	  				  		  	Km2	  		  			
	 Gravimetry and/or Magnetometry
	  		  	Km 2	  				  		  	Km2	  		  				  				  	Km2	  				  		  	Km2	  		  			
	 Exploration Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Advanced Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Oil Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Drilling
	  	7	  	WELLS	  	 	27.43	 	  		  	WELLS	  		  	 	27.43	 	  	 	5	 	  	WELLS	  	 	17.74	 	  		  	WELLS	  		  	 	17.74	 
	 Drain pits Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Water Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Injection Wells Drilling for Enhanced Recovery
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Oil Wells Workover
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Gas Wells Workover (#)
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Conversion
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Wells Abandonment
	  		  	WELLS	  				  		  	WELLS	  		  				  				  	WELLS	  				  		  	WELLS	  		  			
	 Enhanced Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Secondary Recovery Facilities
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pumping Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Oil Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Batteries and Dehydration and/or Desalting Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Storage Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 LACT Units
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Gas Pipelines
	  		  	Km	  				  		  	Km	  		  				  				  	Km	  				  		  	Km	  		  			
	 Natural Gas Collection Networks
	  		  	m	  				  		  	m	  		  				  				  	m	  				  		  	m	  		  			
	 Natural Gas Treatment Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Natural Gas Compression Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Liquid Gas Separation Plants
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Engines and Compressors Repair and Update
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Telecommunications Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Lab Facilities and Equipment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Environment
	  		  		  				  		  		  		  				  				  		  				  		  		  		  			
	 Other Investments (*)
	  		  		  	 	3.45	 	  		  		  		  	 	3.45	 	  				  		  	 	3.10	 	  		  		  		  	 	3.10	 

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	TOTAL GENERAL
INVESTMENTS (MM
USD)	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 30.88
	 	0.00	 	30.88	 	20.84	 	0.00	 	20.84

 LAW No. 4818 – EXHIBIT A – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
  

																																	
	 	  	 Year 2025
	 	  	 Year 2026

	 	  	 INVESTMENTS
	 	  	 INVESTMENTS

	  	 EXPLOITATION
	 	  	 SUPPLEMENTARY
EXPLORATION
	  	TOTAL	 	  	 EXPLOITATION
	  	 SUPPLEMENTARY
EXPLORATION
	  	 TOTAL

	 ACTION PLAN
DESCRIPTION
	  	 Qty.
	  	 Units
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	Million
USD	 	  	 Qty.
	  	 Units
	  	 Million
USD
	  	 Qty.
	  	 Units
	  	 Million
USD
	  	 Million
USD

	 2D Seismic Data Acquisition
	  		  	Km	  				  		  	Km	  		  				  		  	Km	  		  		  	Km	  		  	
	 3D Seismic Data Acquisition
	  		  	Km2	  				  		  	KmZ	  		  				  		  	Km2	  		  		  	Km2	  		  	
	 Gravimetry and/or Magnetometry
	  		  	Km 2	  				  		  	Km2	  		  				  		  	Km2	  		  		  	Km2	  		  	
	 Exploration Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Advanced Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Oil Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Gas Wells Drilling
	  	6	  	WELLS	  	 	24.75	 	  		  	WELLS	  		  	 	24.75	 	  		  	WELLS	  		  		  	WELLS	  		  	
	 Drain pits Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Water Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Gas Injection Wells Drilling
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Injection Wells Drilling for Enhanced Recovery
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Oil Wells Workover
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Gas Wells Workover (#)
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Wells Conversion
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Wells Abandonment
	  		  	WELLS	  				  		  	WELLS	  		  				  		  	WELLS	  		  		  	WELLS	  		  	
	 Enhanced Recovery Facilities
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Secondary Recovery Facilities
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Oil Pumping Equipment
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Oil Pipelines
	  		  	Km	  				  		  	Km	  		  				  		  	Km	  		  		  	Km	  		  	
	 Batteries and Dehydration and/or Desalting Plants
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Storage Plants
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 LACT Units
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Gas Pipelines
	  		  	Km	  				  		  	Km	  		  				  		  	Km	  		  		  	Km	  		  	
	 Natural Gas Collection Networks
	  		  	m	  				  		  	m	  		  				  		  	m	  		  		  	m	  		  	
	 Natural Gas Treatment Plants
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Natural Gas Compression Plants
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Liquid Gas Separation Plants
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Engines and Compressors Repair and Update
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Telecommunications Facilities and Equipment
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Lab Facilities and Equipment
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Environment
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	
	 Other Investments (*)
	  		  		  				  		  		  		  				  		  		  		  		  		  		  	

  

	(#)	 It relates to development of deep targets contingent upon exploration results. 

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	TOTAL GENERAL
INVESTMENTS (MM
USD)	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 24.75
	 	0.00	 	24.75	 	0.00	 	0.00	 	0.00

 LAW No. 4818 

EXHIBIT A 
 EXPLOITATION
INVESTMENT PLAN 
 Resolution SEN No. 2057/2005 

Exhibits I and II 
 CONCESSION: Entre
Lomas Area 
 OPERATOR: Petrolera Entre Lomas S.A. 

Operating Expenses until termination of the Negotiation Extension 

in Million Dollars 
  

													
	 Ítem
	  	Development	 	  	Contingent upon
Exploration Results	 	  	Total	 
	 Labor (Own Personnel)
	  	 	30.90	 	  	 	5.32	 	  	 	36.22	 
	 Workover and Pulling
	  	 	65.19	 	  	 	0.00	 	  	 	65.19	 
	 Services and Others
	  	 	107.82	 	  	 	18.94	 	  	 	126.76	 
	 Energy
	  	 	18.41	 	  	 	3.32	 	  	 	21.73	 
	 Materials and Surface Works
	  	 	30.57	 	  	 	5.65	 	  	 	36.22	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Operating Costs
	  	 	252.89	 	  	 	33.23	 	  	 	286.11	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 LAW No. 4818 - EXHIBIT A 

EXPLOITATION INVESTMENT PLAN 

Resolution SEN No. 2057/2005 

Exhibits I and II 
 CONCESSION: Entre
Lomas Area 
 OPERATOR: Petrolera Entre Lomas S.A. 

Anticipated Operating Expenses (Exploitation and Development) until termination of the Negotiation Extension in Million Dollars 

 

																																																					
	 Item
	  	Year
2015	 	  	Year
2016	 	  	Year
2017	 	  	Year
2018	 	  	Year
2019	 	  	Year
2020	 	  	Year
2021	 	  	Year
2022	 	  	Year
2023	 	  	Year
2024	 	  	Year
2025	 	  	Year
2026	 	  	Total	 
	 Labor (Own Personnel)
	  	 	5.25	 	  	 	4.59	 	  	 	4.03	 	  	 	3.55	 	  	 	3.16	 	  	 	2.70	 	  	 	2.20	 	  	 	1.73	 	  	 	1.36	 	  	 	1.01	 	  	 	0.72	 	  	 	0.60	 	  	 	30.90	 
	 Workover and Pulling
	  	 	9.51	 	  	 	8.31	 	  	 	7.33	 	  	 	6.53	 	  	 	5.86	 	  	 	5.24	 	  	 	4.71	 	  	 	4.23	 	  	 	3.83	 	  	 	3.49	 	  	 	3.20	 	  	 	2.93	 	  	 	65.19	 
	 Services and Others
	  	 	18.38	 	  	 	16.05	 	  	 	14.09	 	  	 	12.42	 	  	 	11.06	 	  	 	9.45	 	  	 	7.69	 	  	 	6.01	 	  	 	4.72	 	  	 	3.47	 	  	 	2.45	 	  	 	2.03	 	  	 	107.82	 
	 Energy
	  	 	3.15	 	  	 	2.75	 	  	 	2.41	 	  	 	2.13	 	  	 	1.89	 	  	 	1.62	 	  	 	1.31	 	  	 	1.02	 	  	 	0.80	 	  	 	0.58	 	  	 	0.41	 	  	 	0.33	 	  	 	18.41	 
	 Materials and Surface Works
	  	 	5.25	 	  	 	4.58	 	  	 	4.02	 	  	 	3.54	 	  	 	3.16	 	  	 	2.69	 	  	 	2.18	 	  	 	1.69	 	  	 	1.31	 	  	 	0.95	 	  	 	0.65	 	  	 	0.53	 	  	 	30.57	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Operating Costs
	  	 	41.56	 	  	 	36.28	 	  	 	31.89	 	  	 	28.17	 	  	 	25.13	 	  	 	21.71	 	  	 	18.09	 	  	 	14.69	 	  	 	12.02	 	  	 	9.50	 	  	 	7.43	 	  	 	6.43	 	  	 	252.89	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 Operating Expenses Contingent upon Development resulting from Exploration Success until termination of the
Negotiation Extension 
 in Million Dollars 
  

																																																					
	 Item
	  	Year
2015	 	  	Year
2016	 	  	Year
2017	 	  	Year
2018	 	  	Year
2019	 	  	Year
2020	 	  	Year
2021	 	  	Year
2022	 	  	Year
2023	 	  	Year
2024	 	  	Year
2025	 	  	Year
2026	 	  	Total	 
	 Labor (Own Personnel)
	  	 	0.03	 	  	 	0.03	 	  	 	0.05	 	  	 	0.08	 	  	 	0.10	 	  	 	0.21	 	  	 	0.42	 	  	 	0.62	 	  	 	0.77	 	  	 	0.93	 	  	 	1.06	 	  	 	1.03	 	  	 	5.32	 
	 Workover and Pulling
	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 	  	 	0.00	 
	 Services and Others
	  	 	0.11	 	  	 	0.11	 	  	 	0.17	 	  	 	0.29	 	  	 	0.34	 	  	 	0.74	 	  	 	1.48	 	  	 	2.22	 	  	 	2.74	 	  	 	3.31	 	  	 	3.76	 	  	 	3.66	 	  	 	18.94	 
	 Energy
	  	 	0.02	 	  	 	0.02	 	  	 	0.03	 	  	 	0.05	 	  	 	0.06	 	  	 	0.13	 	  	 	0.26	 	  	 	0.39	 	  	 	0.48	 	  	 	0.58	 	  	 	0.66	 	  	 	0.64	 	  	 	3.32	 
	 Materials and Surface Works
	  	 	0.03	 	  	 	0.03	 	  	 	0.05	 	  	 	0.09	 	  	 	0.10	 	  	 	0.22	 	  	 	0.44	 	  	 	0.66	 	  	 	0.82	 	  	 	0.99	 	  	 	1.12	 	  	 	1.09	 	  	 	5.65	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Operating Costs
	  	 	0.20	 	  	 	0.20	 	  	 	0.30	 	  	 	0.50	 	  	 	0.60	 	  	 	1.30	 	  	 	2.60	 	  	 	3.90	 	  	 	4.80	 	  	 	5.80	 	  	 	6.60	 	  	 	6.43	 	  	 	33.23	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 Total Anticipated Operating Expenses until termination of the Negotiation Extension in Million Dollars

  

																																																					
	 Item
	  	Year
2015	 	  	Year
2016	 	  	Year
2017	 	  	Year
2018	 	  	Year
2019	 	  	Year
2020	 	  	Year
2021	 	  	Year
2022	 	  	Year
2023	 	  	Year
2024	 	  	Year
2025	 	  	Year
2026	 	  	Total	 
	 Labor (Own Personnel)
	  	 	5,28	 	  	 	4,62	 	  	 	4,07	 	  	 	3,63	 	  	 	3,26	 	  	 	2,91	 	  	 	2,62	 	  	 	2,35	 	  	 	2,13	 	  	 	1,94	 	  	 	1,78	 	  	 	1,63	 	  	 	36,22	 
	 Workover and Pulling
	  	 	9,51	 	  	 	8,31	 	  	 	7,33	 	  	 	6,53	 	  	 	5,86	 	  	 	5,24	 	  	 	4,71	 	  	 	4,23	 	  	 	3,83	 	  	 	3,49	 	  	 	3,20	 	  	 	2,93	 	  	 	65,19	 
	 Services and Others
	  	 	18,49	 	  	 	16,16	 	  	 	14,26	 	  	 	12,70	 	  	 	11,40	 	  	 	10,19	 	  	 	9.17	 	  	 	8,23	 	  	 	7,45	 	  	 	6,78	 	  	 	6,22	 	  	 	5,70	 	  	 	126,76	 
	 Energy
	  	 	3,17	 	  	 	2.77	 	  	 	2,44	 	  	 	2,18	 	  	 	1,95	 	  	 	1,75	 	  	 	1,57	 	  	 	1,41	 	  	 	1,28	 	  	 	1,16	 	  	 	1,07	 	  	 	0,98	 	  	 	21,73	 
	 Materials and Surface Works
	  	 	5,28	 	  	 	4,62	 	  	 	4,07	 	  	 	3,63	 	  	 	3,26	 	  	 	2,91	 	  	 	2,62	 	  	 	2,35	 	  	 	2.13	 	  	 	1,94	 	  	 	1,78	 	  	 	1,63	 	  	 	36,22	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Operating Costs
	  	 	41.75	 	  	 	36.48	 	  	 	32.19	 	  	 	28.67	 	  	 	25.73	 	  	 	23.01	 	  	 	20.69	 	  	 	18.59	 	  	 	16.82	 	  	 	15.30	 	  	 	14.03	 	  	 	12.86	 	  	 	286.11	 
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 Exhibit B 

EXPLORATION INVESTMENT PLAN 
 The
exploration investment plan is aimed at increasing hydrocarbons’ reserves which have not been certified to date until termination of the “Entre Lomas” Area Agreement. Exploration works may be performed outside the existing
exploitation lots or deeper horizons may be surveyed within the existing exploitation lots, trying to locate other targets, including the so-called “Unconventional” targets. To such end,
Concessionaire must submit a detailed description of works to be performed in every three-year period, including anticipated expenditures for each period under consideration until termination of the Agreement. 

Furthermore, it details the investments divided into 2D and 3D Seismic Processing and Registration, Magnetometry, Gravimetry, Air Surveys,
Wells Drilling and others, according to the SEN Form (Res. 2057/2005 Exhibits I and II) and anticipated expenses in connection with Labor, Services, Transportation, Materials and others. 

In those cases where the Enforcement Authority shall ascertain, by any sufficient means, that the exploration programs’ investment plan
has not been complied with, such Authority shall be empowered to demand performance of such commitment within reasonable terms, under warning of ordering reversion of such fractions of surface areas involved. 

LAW No. 4818 – EXHIBIT B 

Exploration Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

 

							
	INVESTMENTS PERFORMED / TO BE PERFORMED ACTION PLAN	  	YEAR	  	2015-2026
	EXPLOITATION CONCESSION	  	ENTRE LOMAS AREA	  		  	
	OPERATOR	  	PETROLERA ENTRE LOMAS S.A.	  		  	
	PROVINCE	  	RÍO NEGRO	  		  	
	FIELD	  	Charco Bayo, Piedras Blancas, La Pista, Borde Mocho	  	NEUQUEN	  	BASIN

  

																									
	 	  	INVESTMENT	 
	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN DESCRIPTION
	  	Quantity	 	  	Units	  	Million USD	 	  	Quantity	 	  	Units	  	Million USD	 	  	Million USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km 2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  	 	2	 	  	WELLS	  	 	8,87	 	  	 	8,87	 
	 Advanced Wells Drilling
	  				  	WELLS	  				  	 	2	 	  	WELLS	  	 	8,87	 	  	 	8,87	 
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

													
	INVESTMENTS PLAN TO BE PERFORMED	  	YEAR	 	  	2015-2026
	OPERATOR	  	PETROLERA ENTRE LOMAS S.A.	  	 
	CONCESSION	  	ENTRE LOMAS AREA	 	  	 	  	INVESTMENTS
	NEUQUEN	  	BASIN	 	  	EXPLOITATION	  	SUPPLEMENTARY
EXPLORATION	 	  	TOTAL
	 TOTAL FIELDS
	  				  	17.74	  				  	17.74
		
	 THE INFORMATION STATED HEREIN IS CONSIDERED TO BE IN THE NATURE OF AN
AFFIDAVIT
	  	 
	NAME OF THE
ATTORNEY-IN-FACT

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploration Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																																																	
	 	  	Year 2015	 	  	Year 2016	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  	 	1	 	  	WELLS	  	 	4.44	 	  	 	4.44	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	4.44	 	4.44	 	0.00	 	0.00	 	0.00

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploration Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																																																	
	 	  	Year 2017	 	  	Year 2018	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  	 	1	 	  	WELLS	  	 	4.44	 	  	 	4.44	 
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	0.00	 	0.00	 	0.00	 	4.44	 	4.44

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploration Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																													
	 	  	 Year 2019
	  	 Year 2020

	 	  	 INVESTMENTS
	  	 INVESTMENTS

	  	 EXPLOITATION
	  	 SUPPLEMENTARY EXPLORATION
	  	 TOTAL
	  	 EXPLOITATION
	  	 SUPPLEMENTARY EXPLORATION
	  	 TOTAL

	 ACTION PLAN
DESCRIPTION
	  	 Qty.
	  	 Units
	  	 Million
USD
	  	 Qty.
	  	Units	  	 Million
USD
	  	 Million
USD
	  	 Qty.
	  	Units	  	 Million
USD
	  	 Qty.
	  	Units	  	 Million
USD
	  	 Million
USD

	 2D Seismic Data Acquisition
	  		  	Km	  		  		  	Km	  		  		  		  	Km	  		  		  	Km	  		  	
	 3D Seismic Data Acquisition
	  		  	Km 2	  		  		  	Km 2	  		  		  		  	Km2	  		  		  	Km2	  		  	
	 Gravimetry and/or Magnetometry
	  		  	Km2	  		  		  	Km2	  		  		  		  	Km2	  		  		  	Km2	  		  	
	 Exploration Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Advanced Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Oil Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Gas Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Drain pits Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Water Injection Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Water Injection Wells Drilling
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Injection Wells Drilling for Enhanced Recovery
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Oil Wells Workover
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Gas Wells Workover
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Wells Conversion
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Wells Abandonment
	  		  	WELLS	  		  		  	WELLS	  		  		  		  	WELLS	  		  		  	WELLS	  		  	
	 Enhanced Recovery Facilities
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Secondary Recovery Facilities
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Oil Pumping Equipment
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Oil Pipelines
	  		  	Km	  		  		  	Km	  		  		  		  	Km	  		  		  	Km	  		  	
	 Batteries and Dehydration and/or Desalting Plants
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Storage Plants
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 LACT Units
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Gas Pipelines
	  		  	Km	  		  		  	Km	  		  		  		  	Km	  		  		  	Km	  		  	
	 Natural Gas Collection Networks
	  		  	m	  		  		  	m	  		  		  		  	m	  		  		  	m	  		  	
	 Natural Gas Treatment Plants
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Natural Gas Compression Plants
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Liquid Gas Separation Plants
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Engines and Compressors Repair and Update
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Telecommunications Facilities and Equipment
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Lab Facilities and Equipment
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Environment
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	
	 Other Investments (*)
	  		  		  		  		  		  		  		  		  		  		  		  		  		  	

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	0.00	 	0.00	 	0.00	 	0.00	 	0.00

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploration Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																																																	
	 	  	Year 2021	 	  	Year 2022	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  	 	1	 	  	WELLS	  	 	4.44	 	  	 	4.44	 	  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	4.44	 	4.44	 	0.00	 	0.00	 	0.00

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																																																	
	 	  	Year 2023	 	  	Year 2024	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  	 	1	 	  	WELLS	  	 	4.44	 	  	 	4.44	 
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	0.00	 	0.00	 	0.00	 	4.44	 	4.44

 LAW No. 4818 – EXHIBIT B – ANNUAL DETAIL 

Exploitation Investment Plan – Resolution SEN No. 2057/2005 Exhibits I and II 

SCHEDULED INVESTMENTS 
 CONCESSION: Entre Lomas Area

 OPERATOR: Petrolera Entre Lomas S.A. 

PROVINCE: Río Negro 
 DEEP TARGETS
DEVELOPMENT CONTINGENT UPON EXPLORATION RESULTS 
  

																																																	
	 	  	Year 2025	 	  	Year 2026	 
	 	  	INVESTMENTS	 	  	INVESTMENTS	 
	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 	  	EXPLOITATION	 	  	SUPPLEMENTARY EXPLORATION	 	  	TOTAL	 
	 ACTION PLAN
DESCRIPTION
	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Qty.	 	  	Units	  	Million
USD	 	  	Million
USD	 
	 2D Seismic Data Acquisition
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 3D Seismic Data Acquisition
	  				  	Km 2	  				  				  	Km 2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Gravimetry and/or Magnetometry
	  				  	Km2	  				  				  	Km2	  				  				  				  	Km2	  				  				  	Km2	  				  			
	 Exploration Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Advanced Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Drain pits Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Water Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Injection Wells Drilling
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Injection Wells Drilling for Enhanced Recovery
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Oil Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Gas Wells Workover
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Conversion
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Wells Abandonment
	  				  	WELLS	  				  				  	WELLS	  				  				  				  	WELLS	  				  				  	WELLS	  				  			
	 Enhanced Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Secondary Recovery Facilities
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pumping Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Oil Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Batteries and Dehydration and/or Desalting Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Storage Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 LACT Units
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Gas Pipelines
	  				  	Km	  				  				  	Km	  				  				  				  	Km	  				  				  	Km	  				  			
	 Natural Gas Collection Networks
	  				  	m	  				  				  	m	  				  				  				  	m	  				  				  	m	  				  			
	 Natural Gas Treatment Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Natural Gas Compression Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Liquid Gas Separation Plants
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Engines and Compressors Repair and Update
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Buildings, Warehouses, Civil Works, Roads, Etc.
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Telecommunications Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Lab Facilities and Equipment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Environment
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			
	 Other Investments (*)
	  				  		  				  				  		  				  				  				  		  				  				  		  				  			

  

	(*)	 It includes “Maintenance by reason of broken elements or contingency” 

											
	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)
	 	 TOTAL
EXPLOITATION
INVESTMENTS

(MM USD)
	 	 TOTAL
SUPPLEMENTARY
EXPLORATION
INVESTMENTS

(MM USD)
	 	 TOTAL GENERAL
INVESTMENTS

(MM USD)

	 0.00
	 	0.00	 	0.00	 	0.00	 	0.00	 	0.00

 Secretariat of Energy 

RN - Río Negro Government 

EXHIBIT C 
 ENVIRONMENTAL
REMEDIATION PLAN 
 LAW No. 4818 – EXHIBIT C 

Environmental Liabilities Remediation Plan 

CONCESSIONAIRE: Petrolera Entre Lomas S.A. 
 CONCESSION
AREA: Entre Lomas 
  

																									
	 	 	 LOCATION
	 	 IMPACT SIZE
	 	 	 	 	 	 	 	 PERFORMANCE TERM
	 	 
	ENVIRONMENTAL	 	 	 	SECTOR-AREA-	 	 POSGAR 94 COORDINATES

Decimal Degrees
	 	 AFFECTED

AREA
	 	 AFFECTED
VOLUME
	 	REMEDIATION	 	INVESTMENT
AMOUNT IN	 	 	 	 	 	 	 	CONTROL AND
MONITORING
	
IMPACT               
     
	 	 FIELD
	 	 FACILITY
	 	 X
	 	 Y
	 	 m2
	 	 m3
	 	 METHODOLOGY
	 	 USD
	 	 STAGES
	 	 START
	 	 END
	 	 TYPE

	Oil-spilled land	 	Charco Bayo	 	Main Enclosure	 	-38.229733	 	-68,101903	 	6351	 	10000	 	Biopile Soil Treatment	 	359.906	 	Characterization, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Completed.

Note No. 43/2014
 File No. 52754-COD-2010

	Oil-spilled land	 	Piedras Blancas	 	[Illegible] Well Location	 	-38,126039	 	-68.201679	 	2718,94	 	3500	 	Biopile Soil Treatment	 	118.992	 	Characterization, treatment and final disposal	 	01/01/2015	 	12/31/2015	 	 Under program.

Partial and final reports

	Oil-spilled land	 	Piedras Blancas	 	CB-265 Quarry	 	-38.214622	 	-68.070408	 	3398.69	 	6000	 	Biopile Soil Treatment	 	70.340	 	Characterization, treatment and final disposal	 	01/01/2015	 	12/31/2015	 	 Under program.

Partial and final reports

	Pools for different uses	 	Charco Bayo and Piedras Blancas	 	Old wells’ pools	 		 		 		 	1500	 	Sanitation and Biopile Soil Treatment	 	50.996	 	Revegetation and natural attenuation monitoring	 	01/01/2015	 	12/31/2017	 	 Under program.

Partial and final reports

	Waste Repositories	 	Charco Bayo	 	Waste Enclosure	 	-38,218751	 	-68,106926	 	10000	 	NC	 	Similar to SUW (segregate, recycle, reuse)	 	787.808	 	Classification, conditioning and treatment	 	01/01/2014	 	12/31/2018	 	 Under performance.

Control with monthly certification, transport manifests, treatment and final disposal.

Partial and final reports.

		 		 		 		 		 		 		 	Special (segregate and send for external treatment)	 	196.952	 	Classification, conditioning and treatment	 	01/01/2014	 	12/31/2018	 	 Under performance.

Control with monthly certification, transport manifests, treatment and final disposal.

Partial and final reports.

	Accumulated oil and hazardous waste	 	Charco Bayo	 	Cutting Repository	 	-38,19214	 	-68,10559	 	13.000	 	12.000	 	Biopile Soil Treatment	 	391.090	 	Characterization, treatment and final disposal	 	01/01/2015	 	12/31/2017	 	 Under program.

Partial and final reports

	Sites affected by incidents	 	Charco Bayo, Piedras Blancas, La Pista and Borde Mocho	 	Wells, locations, oil pipelines rights of way, gas pipelines, power lines, installations and auxiliary connections, camps, warehouses, repositories, enclosures, etc.	 	As per detail Paragraph V.1.6.3 Environmental Audit Report	 	1822 Ha. Global Occupation Factor	 	n/a	 	Environmetal Restoration Techniques	 	1.055.100	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under performance.

20% Progress.
 Partial and final
reports

	Idle Facilities	 	Charco Bayo and Piedras Blancas	 	Abandoned Wells	 	As per detail Paragraph V.1.7 Environmental Audit Report	 	230.000	 	n/a	 	Environmetal Restoration Techniques	 	8.206	 	Scarifying	 	01/01/2015	 	12/31/2015	 	 Under program.

Partial and final reports

																									
	Idle Facilities	 	Charco Bayo and Piedras Blancas	 	Inactive trunk oil pipelines (steel)	 	As per detail Paragraph V.1.7 Environmental Audit Report	 	47230 linear meters	 	n/a	 	Final Abandonment	 	16.413	 	Closing, cleaning and restoration of right of way (leveling, restoring slopes, scarifying and stimulating vegetation reforestation)	 	01/01/2016	 	12/31/2016	 	 Under program.

Partial and final reports

	Idle Facilities	 	Charco Bayo and Piedras Blancas	 	Inactive trunk gas pipelines (steel)	 	As per detail Paragraph V.1.7 Environmental Audit Report	 	20400 linear meters	 	n/a	 	Final Abandonment	 	7.034	 	Closing, cleaning and restoration of right of way (leveling, restoring slopes, scarifying and stimulating vegetation reforestation)	 	01/01/2016	 	12/31/2016	 	 Under program.

Partial and final reports

	Idle Facilities	 	Charco Bayo and Piedras Blancas	 	Air and underground lines	 	As per detail Paragraph V.1.7 Environmental Audit Report	 	n/a	 	n/a	 	Final Abandonment	 	439.625	 	Closing, cleaning and restoration of right of way (leveling, restoring slopes, scarifying and stimulating vegetation reforestation)	 	01/01/2014	 	12/31/2018	 	 Under performance.

20% Progress.
 Partial and final
reports

	Idle Facilities	 	Piedras Blancas	 	Ex Battery 3PB	 	-38,13018	 	-68,18242	 	15.000	 	n/a	 	Environmetal Restoration Techniques	 	11.723	 	Leveling, restoring slopes, scarifying and stimulating vegetation reforestation	 	01/01/2016	 	12/31/2016	 	 Under program.

Partial and final reports

.

	Idle Facilities	 	Piedras Blancas	 	Ex Battery SPB	 	-38.14344	 	-68.15157	 	15.000	 	n/a	 	Environmetal Restoration Techniques	 	11.723	 	Leveling, restoring slopes, scarifying and stimulating vegetation reforestation	 	01/01/2016	 	12/31/2016	 	 Under program.

Partial and final reports

.

	Unused roads and paths	 	Charco Bayo and Piedras Blancas	 	Paths closed to date	 	As per detail Paragraph V.1.8 Environmental Audit Report	 	28.681	 	n/a	 	Environmetal Restoration Techniques	 	9.379	 	Closing and revegetation	 	01/01/2017	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated Sites	 	Charco Bayo	 	CB-0003G	 	-38.21960	 	-68,09590	 	n/a	 	312	 	Biopile Soil Treatment	 	48.743	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated Sites	 	Charco Bayo	 	CB-0011	 	-38,21420	 	-68,10110	 	n/a	 	14	 	Biopile Soil Treatment	 	2.250	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Performed

Partial and final reports

	Contaminated Sites	 	Charco Bayo	 	CB-0016	 	-38,19570	 	-68,12170	 	n/a	 	200	 	Biopile Soil Treatment	 	31.246	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0018	 	-38,22340	 	-68,08710	 	n/a	 	450	 	Biopile Soil Treatment	 	70.303	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-00226	 	-38,19080	 	-68,11150	 	n/a	 	20	 	Biopile Soil Treatment	 	3.125	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0023	 	-38,22820	 	-68,07020	 	n/a	 	50	 	Biopile Soil Treatment	 	7.811	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0024	 	38,19090	 	-68,12530	 	n/a	 	60	 	Biopile Soil Treatment	 	9.374	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0025	 	-38,20470	 	-68,09430	 	n/a	 	300	 	Biopile Soil Treatment	 	46.868	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

																									
	Contaminated sites	 	Charco Bayo	 	CB-0027	 	-38,20020	 	-68,10480	 	n/a	 	58	 	Biopile Soil Treatment	 	9.061	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0030	 	-38,18080	 	-68,10570	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0038	 	38,23300	 	-68,09390	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0041	 	-38,17680	 	-68,12210	 	n/a	 	130	 	Biopile Soil Treatment	 	20.310	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0043	 	-38,18590	 	-68,09420	 	n/a	 	1.430	 	Biopile Soil Treatment	 	223.406	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0045	 	-38,20020	 	-68,09790	 	n/a	 	100	 	Biopile Soil Treatment	 	15.623	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0046	 	-38,18150	 	-68,11170	 	n/a	 	320	 	Biopile Soil Treatment	 	49.993	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0050	 	-38,22380	 	-68,10110	 	n/a	 	6	 	Biopile Soil Treatment	 	1.000	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0051	 	-38,20000	 	-68,09100	 	n/a	 	33	 	Biopile Soil Treatment	 	5.077	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0053	 	-38,17670	 	-68,10170	 	n/a	 	50	 	Biopile Soil Treatment	 	7.811	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0058	 	-38,17220	 	-68,11160	 	n/a	 	64	 	Biopile Soil Treatment	 	9.999	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0061	 	-38,23230	 	-68,05260	 	n/a	 	18	 	Biopile Soil Treatment	 	2.734	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2010	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0063	 	-38,23270	 	-68,08020	 	n/a	 	800	 	Biopile Soil Treatment	 	124.982	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0066	 	-38,16280	 	-68,12570	 	n/a	 	25	 	Biopile Soil Treatment	 	3.906	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0071	 	38,22760	 	-68,04940	 	n/a	 	50	 	Biopile Soil Treatment	 	7.811	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0072	 	-38,15830	 	-68,13600	 	n/a	 	240	 	Biopile Soil Treatment	 	37.495	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Charco Bayo	 	CB-0077	 	-38,19090	 	-68,13220	 	n/a	 	17	 	Biopile Soil Treatment	 	2.625	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0079	 	-38,15350	 	-68,12560	 	n/a	 	80	 	Biopile Soil Treatment	 	12.498	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0082	 	-38,18130	 	-68,09800	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0084	 	-38,23720	 	-68,06990	 	n/a	 	5	 	Biopile Soil Treatment	 	781	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0087	 	-38,19080	 	-68,10480	 	n/a	 	30	 	Biopile Soil Treatment	 	4.687	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0089	 	-38,18620	 	-68,13560	 	n/a	 	11	 	Biopile Soil Treatment	 	1.719	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0093	 	-38,17690	 	-68,11520	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0099	 	-38,21840	 	-68,06330	 	n/a	 	10	 	Biopile Soil Treatment	 	1.562	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0104	 	-38,23750	 	-68,09730	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0132	 	-38,17890	 	-68,10390	 	n/a	 	5	 	Biopile Soil Treatment	 	781	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0144	 	-38,21470	 	-68,09750	 	n/a	 	9	 	Biopile Soil Treatment	 	1.328	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0151	 	-38,15440	 	-68,11880	 	n/a	 	28	 	Biopile Soil Treatment	 	4.296	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0156	 	38,18390	 	-68,10350	 	n/a	 	46	 	Biopile Soil Treatment	 	7.108	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0161	 	-38,23060	 	-68,09240	 	n/a	 	80	 	Biopile Soil Treatment	 	12.498	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0164	 	-38,23400	 	-68,06048	 	n/a	 	8	 	Biopile Soil Treatment	 	1.250	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0199	 	-38,15120	 	-68,12400	 	n/a	 	50	 	Biopile Soil Treatment	 	7.811	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Charco Bayo	 	CB-0203	 	-38,14640	 	-68,11400	 	n/a	 	9	 	Biopile Soil Treatment	 	1.406	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0261	 	-38,24340	 	-68,04330	 	n/a	 	5	 	Biopile Soil Treatment	 	781	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-0267	 	-38,24000	 	-68,06900	 	n/a	 	8	 	Biopile Soil Treatment	 	1.250	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	PTE	 	-38,20519	 	-68,07687	 	n/a	 	8	 	Biopile Soil Treatment	 	1.234	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	Bat. 2CB	 	-38,19420	 	-68,11400	 	n/a	 	21	 	Biopile Soil Treatment	 	3.234	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	Bat. 3CB	 	-38,15150	 	-68,13450	 	n/a	 	35	 	Biopile Soil Treatment	 	5.437	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-29 to CB-41	 	-38,18140	 	-68,12540	 	n/a	 	200	 	Biopile Soil Treatment	 	31.246	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-66 to Bat 3CB	 	-38,16270	 	-68,12560	 	n/a	 	28	 	Biopile Soil Treatment	 	4.374	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-113 to Dis 10	 	-38,17720	 	-68,14290	 	n/a	 	70	 	Biopile Soil Treatment	 	10.936	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-131 to CB-34	 	-38,22080	 	-68,09310	 	n/a	 	1.500	 	Biopile Soil Treatment	 	234.342	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-17 Line	 	-38,20470	 	-68,10100	 	n/a	 	800	 	Biopile Soil Treatment	 	124.982	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	C8-126 to CB-139	 	-38,19800	 	-68.11330	 	n/a	 	200	 	 Biopile Soil

Treatment
	 	31.246	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-158 to Bat 6CB	 	-38,18880	 	-68,11350	 	n/a	 	12	 	Biopile Soil Treatment	 	1.875	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-159 to Bat 2CB	 	-38,19780	 	-68,10300	 	n/a	 	228	 	Biopile Soil Treatment	 	35.620	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	CB-56 to Bat 6CB	 	-38,19540	 	-68,10120	 	n/a	 	30	 	Biopile Soil Treatment	 	4.687	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Charco Bayo	 	Bat 6CB to PTC	 	-38,18080	 	-68,10560	 	n/a	 	750	 	Biopile Soil Treatment	 	117.171	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Piedras Blancas	 	PB-0001G	 	-38,14930	 	-68,16390	 	n/a	 	21	 	Biopile Soil Treatment	 	3.281	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0002	 	-38,15380	 	-68,16680	 	n/a	 	960	 	Biopile Soil Treatment	 	149.979	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0004	 	-38.15880	 	-68,15560	 	n/a	 	200	 	Biopile Soil Treatment	 	31.246	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0005	 	-38,15850	 	-68,16340	 	n/a	 	16	 	Biopile Soil Treatment	 	2.461	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0007	 	-38,15840	 	-68,14970	 	n/a	 	79	 	Biopile Soil Treatment	 	12.342	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0009	 	-38,16350	 	-68,15340	 	n/a	 	15	 	Biopile Soil Treatment	 	2.343	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0012	 	-38,15790	 	-68.17160	 	n/a	 	39	 	Biopile Soil Treatment	 	6.152	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0014	 	-38,15370	 	-68,14630	 	n/a	 	250	 	Biopile Soil Treatment	 	39.057	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0016	 	-38,14910	 	-68,17740	 	n/a	 	900	 	Biopile Soil Treatment	 	140.605	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0021	 	-38,13980	 	-68,17040	 	n/a	 	300	 	Biopile Soil Treatment	 	[Illegible]	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0022	 	-38,14120	 	-68,19140	 	n/a	 	10	 	Biopile Soil Treatment	 	1.484	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0026	 	-38,14460	 	-68,19430	 	n/a	 	400	 	Biopile Soil Treatment	 	62.491	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0030	 	-38,18180	 	-68,15650	 	n/a	 	62	 	Biopile Soil Treatment	 	9-686	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0037	 	-38,16800	 	-68,39070	 	n/a	 	600	 	Biopile Soil Treatment	 	93.737	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0039	 	-38,13990	 	-68,18400	 	n/a	 	43	 	Biopile Soil Treatment	 	6.718	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0043	 	-38,13060	 	-68,19100	 	n/a	 	10	 	Biopile Soil Treatment	 	1.625	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Piedras Blancas	 	PB-0057	 	-38,15390	 	-68,18060	 	n/a	 	7	 	Biopile Soil Treatment	 	1.140	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0060	 	-38,18180	 	-68,15970	 	n/a	 	130	 	Biopile Soil Treatment	 	20.310	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0066	 	-38,14940	 	-68,19110	 	n/a	 	10	 	Biopile Soil Treatment	 	1.573	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0067	 	-38,17250	 	-68,15970	 	n/a	 	50	 	Biopile Soil Treatment	 	7.811	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0070	 	-38,12140	 	-68,21850	 	n/a	 	23	 	Biopile Soil Treatment	 	3.593	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0071	 	-38,17730	 	-68,15610	 	n/a	 	18	 	Biopile Soil Treatment	 	2.843	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0087	 	-38,15570	 	-68,16900	 	n/a	 	100	 	Biopile Soil Treatment	 	15.623	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0089	 	-38,15160	 	-68,18590	 	n/a	 	11	 	Biopile Soil Treatment	 	1.687	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0104	 	-38,15330	 	-68,16340	 	n/a	 	16	 	Biopile Soil Treatment	 	2.531	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0110	 	-38,13780	 	-68,19100	 	n/a	 	6	 	Biopile Soil Treatment	 	1.000	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0114	 	-38,13550	 	-68,21520	 	n/a	 	7	 	Biopile Soil Treatment	 	1.125	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0124	 	-38,13040	 	-68,21370	 	n/a	 	12	 	Biopile Soil Treatment	 	1.922	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0127	 	-38,17000	 	-68,16130	 	n/a	 	15	 	Biopile Soil Treatment	 	2.406	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0133	 	-38,10930	 	-68,22340	 	n/a	 	15	 	Biopile Soil Treatment	 	2.343	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0135	 	-38,12370	 	-68,18610	 	n/a	 	12	 	Biopile Soil Treatment	 	1.843	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0142	 	-38,10960	 	-68,22760	 	n/a	 	7	 	Biopile Soil Treatment	 	1.094	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Piedras Blancas	 	PB-0144	 	-38,10940	 	-68,23340	 	n/a	 	20	 	Biopile Soil Treatment	 	3.140	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0146	 	-38,10510	 	-68,23110	 	n/a	 	16	 	Biopile Soil Treatment	 	2.500	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0148	 	-38,13290	 	-68,21090	 	n/a	 	10	 	Biopile Soil Treatment	 	1.562	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0149	 	-38,11400	 	-68,21300	 	n/a	 	10	 	Biopile Soil Treatment	 	1.562	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0156	 	-38,15280	 	-68,18330	 	n/a	 	10	 	Biopile Soil Treatment	 	1.594	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-0184	 	-38,16044	 	-68,16028	 	n/a	 	45	 	Biopile Soil Treatment	 	7.030	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Bat. 1PB	 	-38,15620	 	-68,15710	 	n/a	 	35	 	Biopile Soil Treatment	 	5.468	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Bat. 2PB	 	-38,12790	 	-68,20530	 	n/a	 	75	 	Biopile Soil Treatment	 	11.717	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Bat 4PB	 	-38,14310	 	-68,18070	 	n/a	 	120	 	Biopile Soil Treatment	 	18.747	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Bat- 6PB	 	-38,11200	 	-68,22290	 	n/a	 	15	 	Biopile Soil Treatment	 	2.343	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Bat.8PB	 	-38,17800	 	-68,16470	 	n/a	 	2	 	Biopile Soil Treatment	 	234	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	Ex Bat 3PB	 	-38,13018	 	-68,18241	 	n/a	 	307	 	Biopile Soil Treatment	 	47.962	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	ExBat5PB	 	-38.14354	 	-68,15193	 	n/a	 	380	 	Biopile Soil Treatment	 	59.367	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	EMC 3	 	-38,15700	 	-68,15620	 	n/a	 	49	 	Biopile Soil Treatment	 	7.655	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-111 to Bat. 4PB	 	-38,14580	 	-68,17740	 	n/a	 	50	 	Biopile Soil Treatment	 	7.611	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-136 to PB-58	 	-38,12620	 	-68,18100	 	n/a	 	900	 	Biopile Soil Treatment	 	140.605	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

																									
	Contaminated sites	 	Piedras Blancas	 	PB-28 to Bat.4PB	 	-38,13580	 	-68,17300	 	n/a	 	400	 	Biopile Soil Treatment	 	62.491	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-33 to ex Bat3PB	 	-38,13960	 	-68,14980	 	n/a	 	1,300	 	Biopile Soil Treatment	 	203.0%	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB 3 to ex Bat 3PB	 	-38,15320	 	-68,15950	 	n/a	 	20	 	Biopile Soil Treatment	 	3.125	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-91 to Bat. 4PB	 	-38,14250	 	-68,17740	 	n/a	 	150	 	Biopile Soil Treatment	 	23.434	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-136 to PB-58	 	-38,11240	 	-68,22050	 	n/a	 	5	 	Biopile Soil Treatment	 	781	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2014	 	 Performed

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-140 to Bat.6PB	 	-38,12250	 	-68,21300	 	n/a	 	8	 	Biopile Soil Treatment	 	1.250	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

	Contaminated sites	 	Piedras Blancas	 	PB-24 to PB-140	 	-38,12120	 	-68,21160	 	n/a	 	200	 	Biopile Soil Treatment	 	31.246	 	Sanitation, treatment and final disposal	 	01/01/2014	 	12/31/2018	 	 Under program.

Partial and final reports

		 		 		 		 		 		 		 	TOTAL (USD)	 	6,383,790	 		 		 		 	

 Exhibit D 

FACILITIES’ ADJUSTMENT PROGRAM (TABLE OF CONTENTS) 

LAW No. 4818 – EXHIBIT D 

Detail of Non-conformities, Objections and Improvement Opportunities 

 

							
	 No.
	 	 Inspection Date

(DD/MM/YYYY)
	 	 Equipment / Facility / Event
	 	 Performance Commitment
Date

(DD/MM/YY)

	
PELSA-EL-NC01
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	31/12/14
	
PELSA-EL-NC02
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	31/12/14
	
PELSA-EL-NC03
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/06/15
	
PELSA-EL-NC04
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/06/15
	
PELSA-EL-NC05
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/11/13
	
PELSA-EL-NC06
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/12/13
	
PELSA-EL-NC07
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	29/11/13
	
PELSA-EL-NC08
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/12/13
	
PELSA-EL-NC09
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	31/12/14
	
PELSA-EL-NC10
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	29/11/13
	
PELSA-EL-NC11
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	29/11/13
	
PELSA-EL-NC12
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	01/12/14
	
PELSA-EL-NC13
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	29/11/13
	
PELSA-EL-NC 14
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	01/12/15
	
PELSA-EL-NC15
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	29/11/13
	
PELSA-EL-NC 16
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	01/06/14
	
PELSA-EL-NC17
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	29/11/13
	
PELSA-EL-NC18
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	31/12/13
	
PELSA-EL-NC 19
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	31/03/2015-31/10/2015
	
PELSA-EL-NC20
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PIAS/PIAD Salt Water and Fresh Water Injection Plant
	 	29/11/13
	
PELSA-EL-NC21
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PIAS/PIAD Salt Water and Fresh Water Injection Plant
	 	01/12/15
	
PELSA-EL-NC22
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAD Fresh Water Transfer Plant
	 	01/12/13
	
PELSA-EL-NC23
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAD Fresh Water Transfer Plant
	 	01/06/16
	
PELSA-EL-NC24
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAD Fresh Water Transfer Plant
	 	01/12/15
	
PELSA-EL-NC25
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/03/14
	
PELSA-EL-NC26
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/18
	
PELSA-EL-NC27
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/03/Í4

							
	
PELSA-EL-NC28
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/11/15
	
PELSA-EL-NC29
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/12/14
	
PELSA-EL-NC30
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/05/15
	
PELSA-EL-NC31
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/13
	
PE LSA-EL-NC32
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	29/11/13
	
PELSA-EL-NC33
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/17
	
PELSA-EL-NC34
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/16
	
PELSA-EL-NC35
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/12/14
	
PELSA-EL-NC36
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/03/14
	
PELSA-EL-NC37
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/06/16
	
PELSA-EL-NC38
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/12/14
	
PELSA-EL-NC39
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/15
	
PELSA-EL-NC40
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	31/12/14
	
PELSA-EL-NC41
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/03/14
	
PELSA-EL-NC42
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	29/11/13
	
PELSA-EL-NC43
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Piedras Blancas and Charco Bayo Batteries
	 	01/12/13
	
PELSA-EL-NC44
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LACK OF SURROUNDING FENCE AT WELLS
	 	31/12/16
	
PELSA-EL-NC45
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: WELLHEAD CONDITIONING
	 	30/06/14
	
PELSA-EL-NC46
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LACK OF SURROUNDING FENCE AT INJECTION WELLS
	 	01/12/17
	
PELSA-EL-NC47
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LACK OF SURROUNDING FENCE AT OUT-OF-SERVICE WELLS
	 	01/12/15
	
PELSA-EL-NC48
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: BOP CONDITIONING AND REMOVAL OF PIPELINE
	 	01/07/14
	
PELSA-EL-NC49
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: WELLHEAD SPILLS
	 	01/05/14
	 PELSA EL-NC50
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: HYDROCARBONS STAINS
	 	01/05/14
	 PELSA-E
L-NC51
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LOCATION CLEANING
	 	01/02/14
	 PELSA-E
L-NC52
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: SIGN CONDITIONING
	 	31/10/16
	
PELSA-6L-NC53
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: WELLHEAD IN BAD CONDITION
	 	01/07/14
	
PELSA-EL-NC54
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LOCATION CLEANING
	 	01/11/13
	
PELSA-EL-NC55
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: SIGNAGE
	 	01/05/14
	
PELSA-EL-NC56
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PIPELINE AT VULNERABLE AREA
	 	01/03/14
	
PELSA-EL-NC57
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LADDER WITH SAFETY CAGE
	 	31/12/16
	
PELSA-EL-NC58
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: WELLHEAD GAS LEAK AND HYDROCARBONS STAINS
	 	31/12/2013-31/05/2014
	
PELSA-EL-NC59
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant
	 	01/12/16
	
PELSA-EL-NC60
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant
	 	31/12/14
	
PELSA-EL-NC61
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant
	 	31/12/14

							
	
PELSA-EL-NC62
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Furnaces—LPG Plant
	 	31/12/14
	 PELSA-E
L-NC63
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant – Out-of-service Facilities
	 	31/12/14
	
PELSA-EL-NC64
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Propane and butane accumulation system and dispatch – LPG
Plant
	 	01/12/15
	
PELSA-EL-NC65
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant—Furnaces
	 	01/12/15
	
PELSA-EL-NC66
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04
	 	01/12/13
	
PELSA-EL-NC67
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04
	 	01/12/14
	
PELSA-EL-NC68
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04
	 	31/03/14
	
PELSA-EL-NC69
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04
	 	31/12/2013-31/10/2014
	
PELSA-EL-NC70
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04 – Furnace
	 	01/12/15
	
PELSA-EL-NC71
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04-
	 	31/12/14
	
PELSA-EL-NC72
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 04 -
	 	31/03/14
	
PELSA-EL-NC73
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/11/13
	
PELSA-EL-NC74
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03 – Engines Sector
	 	01/03/14
	 PELSA-EL-NC
75
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03 – Furnaces Sector
	 	01/12/15
	
PELSA-EL-NC76
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03 – Venting Sector
	 	01/07/14
	
PELSA-EL-NC77
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/12/17
	
PELSA-EL-NC78
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	31/03/14
	
PELSA-EL-NC79
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/12/15
	
PELSA-EL-NC80
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: INTERNAL CONSUMPTION GAS BALANCE
	 	01/12/13
	
PELSA-EL-NC81
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/01/14
	
PELSA-EL-NC82
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03 – Separation
	 	31/12/14
	
PELSA-EL-NC83
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03—Separation
	 	01/12/17
	
PELSA-EL-NC84
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03 – Compression
	 	31/03/14
	
PELSA-EL-NC85
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03-
Treatment
	 	01/12/17
	
PELSA-EL-NC86
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03- Fuel
Gas
	 	31/12/14
	
PELSA-EL-NC87
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	31/12/14
	
PELSA-EL-NC88
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/12/17
	
PELSA-EL-NC89
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/12/17
	
PELSA-EL-NC90
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 03
	 	01/07/14
	
PELSA-EL-NC91
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station No 2-
Dehydration
	 	31/12/2013-31/12/2016
	
PELSA-EL-NC92
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station No. 2
	 	29/11/13
	
PELSA-EL-NC93
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station No. 2
	 	29/11/13
	
PELSA-EL-NC94
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station No. 2
	 	31/12/2013-31/12/2016

							
	
PELSA-EL-NC95
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station
No. 1- Compression
	 	31/03/14
	
PELSA-EL-NC96
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station No. 1-
Treatment
	 	01/12/13
	
PELSA-EL-NC97
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station
No. 1- Treatment
	 	31/12/2013-31/12/2014
	
PELSA-EL-NC98
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station
No. 1- Pipes and enclosures
	 	01/12/13
	
PELSA-EL-NC99
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Stations – Instruments Gas
	 	29/11/13
	
PELSA-EL-NC100
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station 02
	 	31/10/13
	
PELSA-EL-NC101
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: Compressor Station
No. 1- Pipes and enclosures
	 	31/12/2013-31/12/2014
	
PELSA-EL-O01
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/12/13
	
PELSA-EL-O02
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/03/14
	
PELSA-EL-003
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/03/14
	
PELSA-EL-O04
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	01/07/14
	
PELSA-EL-O05
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	29/11/13
	
PELSA-EL-O06
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	01/10/13
	
PELSA-El-007
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	01/03/t4
	
PELSA-EL-008
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	31/12/13
	
PELSA-EL-009
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	01/03/14
	
PELSA-EL-010
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAD Fresh Water Transfer Plant
	 	01/12/13
	
PELSA-EL-011
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAD Fresh Water Transfer Plant
	 	01/12/13
	
PELSA-EL-012
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant – Red Fire Room
	 	01/03/14
	
PELSA-EL-013
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant – Gas Pipeline Compressors 2.3 and 7
	 	31/12/14
	
PELSA-EL-014
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	31/12/14
	
PELSA-EL-015
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PIAS/PIAD Salt Water and Fresh Water Injection Plant
	 	29/11/13
	
PELSA-EL-016
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: LPG Plant
	 	01/12/13
	 PELSA EL 017
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: ALLOCATION FACTOR
	 	31/07/14
	 PELSA EL-OM01
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	29/11/13
	
PELSA-EL-OM02
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	31/12/15
	
PELSA-EL-OM03
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTC Crude Treatment Plant
	 	29/11/13
	
PELSA-EL-OM04
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	31/12/14
	
PELSA-EL-OM05
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	31/12/14
	
PELSA-EL-OM06
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	29/11/13
	
PELSA-EL-OM07
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	01/12/15
	
PELSA-EL-OM08
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTAS Salt Water Treatment Plant
	 	31/12/14
	
PELSA-EL-OM09
	 	25/09/2013	 	 EQUIPMENT / FACILITY / EVENT: PTE Effluents Treatment Plant
	 	29/11/13
	
PELSA-EL-OM10
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: SIGNAGE
	 	31/12/16
	
PELSA-EL-OM11
	 	24/09/2013	 	 EQUIPMENT / FACILITY / EVENT: SIGNAGE
	 	31/12/16

 Exhibit E 

CONCESSION MAP AND COORDINATES 

(There follows a map including coordinates)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}]]