SOFT CORPORATE OFFER (30)

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1 REF. NO: PRM-NPZ/SCO/00/167 INDEX: ADDRESS: , D Kemerovo, Prospekt Kuzne tsk, D10 3. Moscow Russian FD. ATT: END BUYER Mr. Purchasing Manager Via: SOCODI LTDA, Mr. Raúl Márquez info@petroleumbrokers.net DATE ISSUE: 05/9/2016 VALID UNTIL: 07/11/2016 DEAR MR./MRS. SOFT CORPORATE OFFER (30) We OIL RESOURCES LIMITED LIABILITY COMPANY on behalf of our supplier, hereby State that we are ready, willing and able to supply the Following commodity in the quantity and for the price as Specified with terms and conditions as stated below. Stamps and Signatures: are obligatory for every issued Corporate Purchase Order and Letter Of Intent. Quantities: inspection, SGS, CIQ or Similar at the expense of the seller. Payment (financial) instrument are negotiable. We trade in a competitive market and accept trade orders and issue SPA/CI after receiving confirmation from end buyers confirming their agreement with our trading procedure. We confirm our capability to supply and sign sales and purchase contracts, if all the terms and conditions are mutually agreed with readiness of buyer to commence transaction. ORIGIN DESTINATION PERFORMANCE BOND INCOTERMS LOADING PORT PAYMENT TERMS INSPECTION TERMS OF CONDITION RUSSIA ASWP 2% OF THE FIRST MONTH SHIPMENT VALUE CIF ASWP FOB / Rotterdam / Novorossiysk / Vladivostok / Nakhodka / Primorsk. NOVOROSSIYSK / VLADIVOSTOK / NAKHODKA IRREVOCALBE LC,T/T TELEGRAPHIC TRANSFER MT103. SGS, CIQ OR SIMILAR COMMISION PAID BY BUYER, +$15 X MT, +$5 X BBL, and + $5 CENT per Gallons, all (50/50) INSURANCE PAID BY SELLER COVERING 110% OF SHIPMENT VALUE

2 RUSSIA D2 GAS OIL GOST ALL PRODUCTS ARE OF RUSSIAN ORIGIN CIF Price: $310 MT FOB Price: $ 300 MT HSD2 GAS OIL L GOST AGO (AUTOMATIVE GAS OIL) Quantity: Minimun 50,000 MT. Maximum: 500,000 MT X 12 CIF Price: $340 MT FOB Price: $ 330 MT RUSSIA EN PPM CIF Price: $340 MT FOB Price: $ 330 MT MAZUT 100 GOST RUSSIA ORIGIN CIF Price: $210 MT FOB Price: $ 200 MT MAZUT 100 GOST RUSSIA ORIGIN CIF Price: $210 MT FOB Price: $200 MT LPG (LIQUEFEID PETROLEUM GAS) GOST CIF Price: $320 MT FOB Price: $ 310 MT LNG (LIQUEFEID NATURAL GAS) CIF Price: $330 MT FOB Price: $ 320 MT GASOLINE 93 OCTANE RUSSIAN ORIGINS CIF Price: $320 MT FOB Price: $ 310 MT CST-180 FUEL OIL RUSSIAN ORIGIN

3 CIF Price: $310 MT FOB Price: $ 300 MT AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL RUSSIAN ORIGIN Quantity: Minimum: 500, 000 BBLS. Maximum: 10,000,000 BBLS X 12 CIF Price: $35 BBL FOB Price: $33 BBL JET FUEL JPA1 (AVIATION KEROSENE COLONIAL GRADE A1) Quantity: Minimum: 500, 000 BBLS. Maximum: 10,000,000 BBLS X 12 CIF Price: $36 BBL FOB Price: $34 BBL RUSSIA VIRGIN FUEL OIL D6 Quantity: Minimum: 1,000,000 GALLONS PER WEEK. Maximum: 200,000,000 GALLONS X 52 CIF Price: $0.80 Gallon FOB Price: $0.75 Gallon RUSSIA EXPORT BLEND CRUDE GOST (REBCO) Quantity: Minimum: 500,000 BBLS. Maximum: 10,000,000 BBLS X 12 CIF Price: $37 BBL FOB Price: $35 BBL RUSSIA EXPORT BLEND CRUDE GOST (REBCO) Quantity: Minimum 100,000 BBLS, Maximum 10,000,000 BBLS X 12 CIF Price: $37 BBL FOB Price: $35 BBL UREA 46% PRILLED & GRANULAR (RUSSIAN ORIGIN) Minimum Quantity: 10, ,000 Metric Tons/ Month CIF Price: USD $ 230 MT FOB Price: USD $ 220 MT BITUMEN GRADES: 40/50, 60/70 AND 80/100 Minimum Quantity: 10, ,000 Metric Tons / Month CIF Price:USD $ 330 MT FOB Price: USD$320 MT FOB /DIP AND PAY TERM & TRANSACTION PROCEDURES 1. Buyer issues CP & ICPO, TO: OIL RESOURCES LIMITED LIABILITY COMPANY, Vía: SOCODI LTDA, Mr. Raúl Márquez 2. Seller issue SPA and Buyer return the sign SPA and CI back to Seller. 3. Seller sends PPOP documents to buyer.

4 CERTICATE OF ORIGIN COMPANY CERTIFICATE EXPORT LICNESE REFINERY AFFIDIVAT STATEMENT OF PRODUCT AVAILABILITY REFINERY COMMITMENT TO PRODUCE THE PRODUCT QUALITY PASSPORT. 4. Buyer to utilize the services of nominated and approved tank farm by the refinery. 5. Buyer issues to Seller TSA after the verification of the TSA by Seller, Buyer send (TSR) and Authorization letter to verify the tank Clearance approved by the tank farm company. 6. Seller issues DTA. 7. Buyer Dip and Pays MT Contract follows. TRANSACTION TERM FOR CIF DELIVERY 1. Buyer issues Company certificate of registration, CP & ICPO, TO: OIL RESOURCES LIMITED LIABILITY COMPANY, Vía: SOCODI LTDA, Mr. Raúl Márquez 2. NCNDA/IMFPA to be sign by all parties to secure payment Commissions. 3. Seller issues to buyer the Sales and Purchase Agreement Contract with Commercial Invoice, Buyer sign with initials and return to Seller. 4. Seller send to Buyer the below Partial POP documents via Fax/ Authority/Authorization to Sell (ATS) Certificate of Conformity Letter of Commitment to supply Product Quality Passport (Dip Test result of product) Tank Storage Agreement Tank Storage Receipt 5. Within 3 (three) days Upon receipt and confirmation of the PPOP Documents, Buyer deposit financial commitment via T/T Wire Transfer which serves as security guarantee that buyer will not default from the transaction. OR Buyer issues a Standby Letter of Credit (SBLC MT760) as per Seller s approved verbiage, if Buyer fails to issue the SBLC MT760 within the stipulated validity days, Buyer shall be responsible for the default penalty by making payment for the Tank Storage (TSR) Extension.

5 6. Seller sign Chartered Party Agreement (CPA) with Shipping Company and conclude booking of vessel, shipping schedule preparation with port authority. 7. After confirmation of the buyer s financial commitment or SBLC MT760, Seller will issue to Buyer s bank within 4 Days the full shipment documents proof of Product (POP) Plus 2% Performance Bond via swift bank to bank.: Copy of Approval to Export, Copy of License/Permit to Export Copy of Statement of Availability of Product. Copy of The Refinery Commitment to Produce the Product. Copy of Vessel Questionnaire 88. Refinery Certificate of Product Ownership. Copy of Fresh SGS. Copy of Bill of Lading. Copy of The Port Storage Agreement. Copy of The Charter Party Agreement(S) To Transport the Product to Discharge Port. 8. Buyer/Buyer s Bank officer verifies the swift of full POP & 2%PB and then issue via swift, payment acceptable instrument to seller s bank. 9. Delivery commence as per schedule 10. Upon arrival at the discharge port, the cargo will be subject to CIQ/SGS inspection at the buyer s expense. Upon completion of SGS inspection buyer makes 100% payment via MT103-T/T wire transfer within 72 hours from issuance of CIQ/SG certificate at discharge port. 11. Upon receipt of buyer s T/T wire payment, Buyer / Seller pays all intermediaries within 24 hours. MR. ROMAN IGOR C.E.O- OIL RESOURCES LLC

6 Diesel D2-Gas Oil GOST(305-82) Specification CO MPONET UNIT M IN MAX Densi ty@ 20 deg C Kg /m³ 0.85 Co lo r 1.1 F lash Po int, PM CC Deg C ( ºC) Kinematic d eg C CST 3 6 Pou r Po in t Deg C (ºC) (*) -10 C loud Po int Deg C ( ºC) (*) -5 Me racap tansul phur Ac id i ty mg/ 1000 cm³ 5 A sh % wt 0.01 Total Sulphu r % wt Iod ine numb e r g / 100g 6 C opp er Co rrosion 3 hrs/50 Deg C ( typ i 1A CCR on 10% Res idu es ( ºC) ca l) Cetane ind ex Dist i l lation % wt 0.2 range: 45 50% Re cove r ed Vo l ume Deg C ( ºC) % Re cove r ed Vo l ume Deg C ( ºC) Bac t eria MBC F ibre / i t 500 Bac t eria C FU F ibre / i t 1000 Summ er f ro m March to Oc tob er PP Deg W in te r fro m Nove mb er to Fe bruary C ( ºC) PP - Summ er fro m Ma rch to Oc t ob er 10.0 Deg C W in te r fro m Nove mb er to Fe bruary ( ºC) CP % Re cove r ed Deg C (ºC) 30% Re cove r ed Deg C (ºC) 40% Re cove r ed Deg C (ºC) % Re cove r ed Deg C (ºC) % Re cove r ed Deg C (ºC) % Re cove r ed Deg C (ºC) 545 F in al Bo il ing Po int Deg C ( ºC) 550 Pe rcentage Re cove r ed Vo l 78% Res idue 22% Deg C ( ºC) CP Deg C ( ºC) Total N i t rog en m/ m 0.19%

7 Specifications Russian Aviation Kerosene Jet Fuel - Colonial Grade JP54 COMPONENT 1. Ashcontent, notmore% 0,14 2. Mass fractionofsulphur,notmore%-low 0,5 sulphur residual oil RESULT 3. Temperatureoftheflash,not lessºcin the 110min closedcrucibleintheopencrucibleºc 4. The temperatureof solidification,nothigherºc Kinematicsviscosityat 50ºC 118max 6.Watercontent 0.5% 7. Mechanicalimpurities Lower than0.1% 8. AcidityLower than 5mgKOH/100ml 9. Alkalinity Nil 10. Gross CalorificValue Kcal/kg/KJ/kg Min9200/ Densityat15.0deg.C Kg/l Hydrogen SulfideContent(H2S)pom 0.5max 13. CarbonResidua Lower than7% 14. Vanadium(V)ppm 30max 15. Aluminium(Al)ppm Silikon(Si)ppm Nickel(Ni)ppm Asphaltenesm/m 3.6% 19. mmhgextractedto760mmhg 216 InitialBoilingPoint deg.c 5%recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C - 90%recovereddeg.C - FinalBoilingpointdeg.C 550 Percent Recoveredvol 78% Residuevol 22% TotalNitrogenm/m 0.192% 20. Sodium(Na)ppm 15 Color Pantone

8 RUSSIAN MAZUT M100 GOST 10585/75 Specifications COMPONENT 1. Ashcontent, notmore% 0,14 2. Mass fractionofsulphur,notmore%-low 0,5 sulphur residual oil RESULT 3. Temperatureoftheflash,not lessºcin the 110min closedcrucibleintheopencrucibleºc 4. The temperatureof solidification,nothigherºc Kinematicsviscosityat 50ºC 118max 6.Watercontent 0.5% 7. Mechanicalimpurities Lower than0.1% 8. AcidityLower than 5mgKOH/100ml 9. Alkalinity Nil 10. Gross CalorificValue Kcal/kg/KJ/kg Min9200/ Densityat15.0deg.C Kg/l Hydrogen SulfideContent(H2S)pom 0.5max 13. CarbonResidua Lower than7% 14. Vanadium(V)ppm 30max 15. Aluminium(Al)ppm Silikon(Si)ppm Nickel(Ni)ppm Asphaltenesm/m 3.6% 19. mmhgextractedto760mmhg 216 InitialBoilingPoint deg.c 5%recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C %recovereddeg.C - 90%recovereddeg.C - FinalBoilingpointdeg.C 550 Percent Recoveredvol 78% Residuevol 22% TotalNitrogenm/m 0.192% 20. Sodium(Na)ppm 15 Color Pantone

9 A UTO MOTI VE GA S O IL A GO (DIE SEL) PRODUCT SPECIFICATION CHARACTERISTIC SPECIFICATION TEST METHOD ASTM Appearance Clear and Bright Visual Colour, ASTM (Max) 3.0 Visual Specific Gravity at 15/15 C Acidity, (inorganic acid) Total Acid Number mgkoh/g, Nil 0.50 (max) Distillation: (a) Percentage recovery at 357 C, v/v (min). (b) Final boiling pt, C (max) 385 Flash Point, C (min) Kinematic Viscosity at 37.8 C (cst) Cloud Point, C (max) Conradson Carbon Residue on 10% residue, % Ash, % wt. (max) Copper Strip Corrosion, 3h at 0.01 Not worse than No C Sediment, % wt ( max) 0.01 Total Sulphur, % wt (max) 0.3 Water Content, % Vol, (max) Diesel Index, (min) 47

10 EN590 CHEMICAL ANALYSIS

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