# AFE

Description:
Carrying out 2D seismic in the North West and South East from the border of the license area on the licensed territory Carbonates and Devonian structures continuing on the Company territory

Justification:
Company acquired the license in February, 2014.  Company has agreed to fund the 2D seismic that is expected to confirm field structures continuing on the Company territory and extend the exploration license.  The license term expires in Jule, 10 of 2016.

Minor Shareholder is to pay the costs related to the exploration operations under the Exploration Contract #___ dated May 10, 2008 on the 50%/50% split ratio as this is stipulated by the Article 6.2.(b) of the Assignment and Financing Agreement dated November 5, 2012 (hereinafter AFA). Thus the aforementioned Article provides in particular that notwithstanding the provisions of the Joint Operating Agreement dated January 20, 2013, following Completion or abandonment of the first Exploration Well, or if the Parties agree to proceed with a second Exploration Well as the case may be, each Party shall pay when due, in accordance with the Accounting Procedure, 50% of any Joint Account charges, including Cash Calls and interest, accrued under AFA until such time as the proportion of the total amount paid by each Party hereunder with respect to Joint Account charges reaches 75% Operator, 25% Minor Shareholder, following which each Party shall pay when due, in accordance with the Accounting Procedure, its Participating Interest share of Joint charges, including Cash Calls and interest, accrued under the AFA. 

Budget summary attached.

Note why we revised: 
a) Split mob/demob cost allocation between AFE's
b) Delete North-West seismic work

Attachments:
http//the link NOT added yet.com/folder/filename#http://http//the link NOT added yet.com/folder/filename#


Description:
Carrying out 2D seismic on the New area which located about 10 km from Company license area on North-West to investigate Carbonates structures on the depth approximately 5200 m.

Justification:
Company got permition from Committee of Geology to shoot seismic on New area.  East part of New area was discovered due to Dec 2013 seismic work which was provided by Company. Company is expected to confirm the structures to add this territory to it's licence.  

Minor Shareholder is to pay the costs related to the exploration operations under the Exploration Contract #___ dated May 10, 2008 on the 50%/50% split ratio as this is stipulated by the Article 6.2.(b) of the Assignment and Financing Agreement dated November 5, 2012 (hereinafter AFA). Thus the aforementioned Article provides in particular that notwithstanding the provisions of the Joint Operating Agreement dated January 20, 2013, following Completion or abandonment of the first Exploration Well, or if the Parties agree to proceed with a second Exploration Well as the case may be, each Party shall pay when due, in accordance with the Accounting Procedure, 50% of any Joint Account charges, including Cash Calls and interest, accrued under AFA until such time as the proportion of the total amount paid by each Party hereunder with respect to Joint Account charges reaches 75% Operator, 25% Minor Shareholder, following which each Party shall pay when due, in accordance with the Accounting Procedure, its Participating Interest share of Joint charges, including Cash Calls and interest, accrued under the AFA. 

Budget summary attached.

Note why we revised: Split mob/demob cost allocation between AFE's


Justification:
Company got permition from Committee of Geology to shoot seismic on New area.  East part of New area was discovered due to Dec 2013 seismic work which was provided by Company. Company is expected to confirm the structures to add this territory to licence.  

Budget summary attached.


                                      




                                                                                                                                                    C   A   N   C   E   L   E   D


Description:
Carrying out 2D seismic in the North West and South East from the border of Operating Company license area on the licensed territory of ____ to investigate Carbonates and Devonian structures continuing on the Company territory.

Justification:
Company acquired the  license in Dec, 2013.  Company has agreed to fund the 2D seismic that is expected to confirm the the field structures continuing on the Company territory and extend the exploration license.  The license term expires in Jule, 10 of 2016.

Budget summary attached.


                                      




                                                                                                                                                    C   A   N   C   E   L   E   D


Description:
All costs related to the licence, including significant contractual obligations (abandonment fund, trainings and social).

Justification:
Company acquired the  license in Dec, 2013. Existing contract requires 1% of total investment contributions to abandonment fund and training. There are social obligation (fixed) and warehousing and security costs related to inventory.


Description:
General and Administration costs related to licence.

Justification:
Company acquired the license in Dec, 2013. General and Administration cost are budgeted for 26 employees headcount.


Description:
The objective is to acquire services for Complex Interpretation of Geological and Geophysical Data at Block (contract territory of Company)

Justification:
The main objective of these Complex Interpretation of Geological and Geophysical Datain  is to identify most attractive exploration areas at the block and to find optimal ways to  preserve and maximize value of the License. 

It is proposed to acquire services from one source, Reservoir Evaluation Services (RES) company because of: 
- Extensive experience; 
- Resources - experienced geologist and advanced software;  
- Insight to technical details; 
- Positive track record as RES.


The project is structured in the following stages of studies (costs shown excl. VAT and after 10% discount):
1) Devonian deposits - USD ____
2) Lower Permian deposits including Filippovsky horizon - USD ____
3) Carboniferous carbonate complex -  USD ____ 
4) Prospects of subsalt deposits in the Southern submerged part of Block - USD _____

Total cost USD 190,413, rounded AFE value including contingency 5% and VAT of 12% = USD 224,000

It is proposed that RES performs services related to stages 1 and 2 simultaneously first and starts working on stages 3 and 4 only after further instructions in written form. SPK shall follow KZ procurement rules in order to account for these services as fulfillment of Work Program obligations.

Attachments:
http//the link NOT added yet.com/folder/filename


# SequaTeam

Position:
works according to the contract for services


Position:
Procurement and Logistics Manager/ acting GD


# TaskDetail

TaskNameID:
Preparation of the Technical Project for 2D seismic


TaskNameID:
Approvals on regional level (including land owners) for 2D


TaskNameID:
Reconstruction of wellheads of the previously abandoned wells


TaskNameID:
Performance of the geodynamic subsurface monitoring program


TaskNameID:
Environmental Safety at the Oil and Gas Industry training


TaskNameID:
Environmental Expertise, nature use regulations training


# TenderLog

TaskName:
Reconstruction of wellheads of the previously abandoned wells


TaskName:
Performance of the geodynamic subsurface monitoring program


TaskName:
Mandatory training of the Company personnel


# WBS

WBSNameR:
Отчет о состоянии рынка/о поисковых работах


WBSNameR:
Зарезервировано для использования в будущем


WBSName:
Subsurface Evaluation, Exploration & Optimization


WBSName:
Seismic Acquisition, Processing & Interpretation


WBSName:
Non-Seismic Acquisition, Processing & Interpretation

WBSNameR:
Геофизические исследования (кроме сейсмики), обработка данных и их интерпретация


WBSNameR:
Статическое пластовое моделирование и оценка


WBSName:
Dynamic Reservoir Modelling & Assessment

WBSNameR:
Динамическое пластовое моделирование и оценка


WBSName:
3rd Party Reserves Certification / Audits / CPRs

WBSNameR:
Утверждение запасов/Аудиты/CPR, выполняемые независимой компанией


WBSNameR:
Концептуальный инжиниринг, предпроектные изыскания и предварительное проектирование


WBSNameR:
Контроль за исполнением бюджетов и расходов


WBSName:
Fab Yard / Shipyard Evaluation & Selection

WBSNameR:
Оценка и выбор производственной площадки/верфи


WBSNameR:
Ведение переговоров и заключение контрактов


WBSNameR:
Офис на местной производственной площадке


WBSNameR:
Жилье на местной производственной площадке


WBSNameR:
Мастер буксировки, командировочные расходы персонала


WBSNameR:
Коммуникации, отчеты о погодных условиях


WBSNameR:
Местные портовые сборы и таможенные пошлины


WBSNameR:
Транспортировка — местная пристань, вертолет


WBSNameR:
Погрузка (за пределами верфи и мобилизация)


WBSNameR:
Подготовка объекта к производственной деятельности


WBSNameR:
Производственная поддержка перед вводом в эксплуатацию


WBSNameR:
Услуги по запуску и вводу в эксплуатацию


WBSNameR:
Дополнительный персонал/оплата по основанию нефти


WBSNameR:
Каротаж в открытом стволе и интерпретация


WBSNameR:
Бригады по обсадной колонне и арендованные инструменты


WBSNameR:
Цементировочный пакер и цементирующее устройство


WBSNameR:
Буровой раствор/раствор для заканчивания; буровые услуги/услуги по заканчиванию скважины


WBSNameR:
Установка тонкой очистки бурового раствора


WBSNameR:
Услуги по оборудованию закрытого контура


WBSNameR:
Услуги направленного бурения и измерение параметров во время бурения


WBSNameR:
Скважинные исследования (ультразвук, электромагнит, гироскопия)


WBSNameR:
Боковой ствол: отклонитель, бегуны, услуги


WBSNameR:
Технический специалист по скважинному оборудованию


WBSName:
Wireline Services -BOP, Cement, Lubricators, Cranes

WBSNameR:
Канатные работы — ПВО, Цемент, краны, смазывающий прибор


WBSNameR:
Услуги и закупки для заглушек и ликвидации


WBSNameR:
Резервный фонд для заглушек и ликвидации


WBSNameR:
Эксплуатационный пакер, якорь, заглушки, насос


WBSNameR:
Забойные насосы и соответствующее оборудование


WBSNameR:
Эксплуатационные системы и оборудование на берегу


WBSName:
Production Skid - Separator, Heater Treater, De-Hy

WBSNameR:
Эксплуатационный блок на салазочной раме — сепаратор, термо-сепаратор, установка осушки


WBSName:
Offshore Structures, Vessels & Utility Systems

WBSNameR:
Оффшорные структуры, суда и инженерные сети и коммуникации


WBSNameR:
Внешний цилиндр, опора основания, колонна и спонсон


WBSNameR:
Оборудование для спасения жизни и в состоянии опасности


WBSNameR:
Камера ввода скребков на экспортном нефтепроводе


WBSName:
Surface Controls & Communication Systems

WBSNameR:
Система управления на поверхности и системы коммуникации


WBSNameR:
Услуги по дайвингу и предоставлению аппарата с дистанционным управлением


WBSNameR:
аппарат с дистанционным управлением и АИС


WBSName:
Health, Safety, Security, Environment & Quality

WBSNameR:
Охрана здоровья, безопасность, защита окружающей среды, качества


WBSNameR:
Политика по охране здоровья, безопасности, защите окружающей среды, качеству (Уровень 1)


WBSNameR:
Система управления по охране здоровья, безопасности, защите окружающей среды, качества (Уровень 2)


WBSNameR:
Управленческие планы по охране здоровья, безопасности, защите окружающей среды, качества (Уровень 3)


WBSNameR:
Особые процедуры для конкретного проекта


WBSNameR:
Техника безопасности и личные защитные средства


WBSNameR:
Работы по одновременно ведущимся операциям


WBSNameR:
Задачи и график профилактического техосмотра


WBSName:
Unrecoverable Withholding / Deemed Profits Tax

WBSNameR:
Налог у источника выплаты, не подлежащий возврату/налог на вмененную прибыль


WBSNameR:
Оборудование ИТ и голосовое оборудование


WBSName:
Vehicle Maintenance, Insurance & Related

WBSNameR:
Техобслуживание, страхование и прочие расходы на автомашины


WBSNameR:
Непроизводственные общие и административные расходы


WBSNameR:
Прочие непроизводственные общие и административные расходы


# WorkProgram

TaskName:
Preparation of the Technical Project for 2D seismic


TaskName:
Approvals on regional level (including land owners) for 2D


TaskName:
Reconstruction of wellheads of the previously abandoned wells


TaskName:
Performance of the geodynamic subsurface monitoring program


TaskName:
Environmental Safety at the Oil and Gas Industry training


TaskName:
Environmental Expertise, nature use regulations training


