Company Overview Maple Energy is an integrated independent energy company with assets and operations in Peru. It engages in numerous aspects of the energy industry, including (i) exploration and production of crude oil, natural gas and natural gas liquids, (ii) refining, marketing and the distribution of hydrocarbon products, (iii) gas-fired power generation and power transmission, and (iv) the development of an ethanol project. By utilising its strategic asset base, technical expertise, project management skills, and strong customer and government relationships, Maple Energy has established itself as one of Peru’s leading integrated energy companies. Maple Energy’s operations are conducted and revenues are generated through its wholly-owned subsidiaries and equity interest in Aguaytía Energy, a joint venture in which Maple Energy owns an approximate 17.5% effective economic interest. For the year ended 31 December 2007, on a consolidated basis, Maple Energy generated revenue of approximately $ 80.7 million. Maple Energy’s proved and probable hydrocarbon reserves as at 31 December 2007, were 13.636 MMboe (including reserves held through the Aguaytía Project), of which approximately 44% were hydrocarbon liquids and 56% were natural gas. Maple Energy’s average daily production during the year ended 31 December 2007 was 2,174 boepd. Since beginning activities in Peru in 1992, Maple Energy’s management and operational team has established a successful track record through commissioning and successfully operating various energy projects, including the development and operation of the Aguaytía Project, the operation of the Pucallpa Refinery and Sales Plant, and the successful production of crude oil, natural gas and NGLs from certain of its existing leasehold interests. Maple Energy continues to seek opportunistic and strategic growth opportunities to expand its presence in the Peruvian energy sector as evidenced by its ongoing exploration activities and the commencement of the Ethanol Project.