EFTA01367376

31 May 2015 Integrated Oil US Integrated Oils Figure 114: Timeline for Mexico Energy Reform. Round 1 Roll-Out Date event Carnmentin Dec.13 AIs-14 Nov.14 Mn. r5 3015 Oct Nov.15 Dec15 Enemy Reform Launch 'Neel Round Zero Results Second" leyslimon spanned Industry leedbact on assets k-clustry feedback on centric, Launch& Round 1 Bids dueler shaIlow.water CMOsand exploration Bids di» for mature *Kim* etch due for *floater son buscM en Peron Mex$ ~one. Page 58 Wows for prate investment through OXs and licenses Round Zerodetermined which zsets were kept by Penes lad produong assets ere troth./ Peme.l Government has ediustment Round 1 terms based on industryI...auk-1; noontver finnatt term:yet° Be dater:Need Opportunrt.etwal «luderg jowi vonCulOS With P4P11141,1 (10joint ventures aenJrudl as z stancWone opoorooldes Shalknewater orolects are deco,posed mtorniture offshore I eolcoldu. Smen. al end ritra-hoeyy code Of pojeCts do,elopm.ret 1ppWl.TekellClll. hUture Onshore include the Rodedor. Otani°. Cardenes-Mcee.end Sanna fields With the oictolpon of Salusla (Tertary> recovery the on( of tic assets are Going offered to accelerate hydrocatbon recovery sterveR with semndary-r~verY The Seruna field reixeients `40,1 of matare assets (onshore and distort) 2011 producbon being offered in Round 1 Derpreter gas cllennes n‘ Round 1 include Kunst" end Mtn Water depth ps lots than 2.0C0o5ners Deevorater al of looms in Round 1 include lieIds Pron. eldforetus. biliciMinol in the Pord,00 area d the den:watt GOPeiluratte depth creates than 2,9:0 meteld Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00205093 DB-SDNY-0058909 EFTA01367376