Relatorio Anual e Financeiro RAKOIL ATLAS Caledonia Investments PLC 2022

RAKOIL ATLAS Caledonia Investments PLC 2022 Annual Report and Financial Statements RAKOILATLAS a Caledonia Group company 43 153 Wavefront 4 Burton Hills Blvd Suite 400 Nashville TN 37215 USA Phone 1 615 251 5405 Email atlasrakoilcom UK Representative and Registered Office Lancelot Park Bettys Lane St Albans Hertfordshire AL1 4HG UK Registered No 02099494 3 12 5 6 10 11 13 19 21 24 25 26 27 35 38 40 42 44 47 CONTENTS Company Information Summary of assets Introduction from the CEO Overview of our projects RAKOILATLAS Recent activities Resource Classification and Reporting A brief overview of oilfield exploration Basic review of Pakistan geology Past producer Historical seismic Planned direction for RakoilAtlas activities in Sindh Province Pakistan Karampurh South Project Sohal Block Tarir Block Oil field logistics Commercial considerations Oil and gas prices Gross Barrels of Oil Equivalent Gross Boe RakoilAtlas group financials Unaudited Financial Statements Appendix 1 Karampur South Project local geology tectonics Appendix 2 Definitions of reserves Appendix 3 Enterprise IRR calculation methodology 1 2 3 4 5 6 7 8 9 10 11 12 13 Quantity of barrels of beer consumed 8 10 12 14 16 18 20 22 24 26 28 30 Year Sorry are these barrels of beer or oil