Cossack - Summary Crude Oil Assay Report

Source of Sample Light Hydrocarbon Analysis Assay Summary / TBP Data

Reference: M17COS1 H2S* ppm wt - Gravity (°API) 48.8

Methane %wt 0.00 Sulphur (%wt) 0.03
Name: Cossack Ethane %wt 0.02
Propane %wt 0.64 Yield on Crude %wt %vol
Origin: Australia Isobutane %wt 0.64 Gas to C4 3.40 4.70
n-Butane %wt 2.03 Light Distillate to 149°C 35.70 38.85
Sample Date: 10/5/2016 Isopentane %wt 1.89 Kerosene 149 - 232°C 20.90 20.65
n-Pentane %wt 2.49 Gas Oil 232 - 369°C 25.70 23.45
Comments: Cyclopentane %wt 0.16 Vacuum Gas Oil 369°C - 550°C 12.65 11.05
C6 paraffins %wt 5.17 Residue above 550°C 1.65 1.30
C6 naphthenes %wt 2.98
Benzene %wt 0.03 Volume expansion: 0.4 per cent vol
*Dissolved in liquid on crude distributed across whole distillation

Cut Data Crude Distillates Residues

Light
Light Light Gas Heavy Vacuum Heavy Vacuum Gas
Naphtha Heavy Naphtha Kero Oil Gas Oil Gas Oil Oil AtRes VacRes
Start (°C API) IBP C5 95 149 175 232 342 369 509 550 369 509 550 585
End (°C API) FBP 95 149 175 232 342 369 509 550 585 FBP FBP FBP FBP

Yield on crude (% wt) 100 16.20 19.55 8.65 12.30 21.85 3.85 11.50 1.10 0.60 14.30 2.80 1.65 1.05
Yield on crude (% vol) 100 18.50 20.35 8.75 11.90 20.00 3.45 10.15 0.95 0.50 12.35 2.20 1.30 0.80
Density at 15°C (kg/litre) 0.7844 0.6810 0.7504 0.7710 0.8045 0.8539 0.8766 0.8879 0.9441 0.9767 0.9049 0.9829 1.0108 1.0319

Total Sulphur (% wt) 0.03 <0.001 0.001 0.001 0.002 0.032 0.097 0.095 0.184 0.25 0.13 0.277 0.34 0.393
Mercaptan Sulphur (ppm wt) 2 2 2 2 2 2 - - - - - - - -
Total Nitrogen (ppm wt) 180 0 0 0.1 0.3 13 150 600 2400 3300 1200 3800 4800 5600
Basic Nitrogen (ppm wt) 57.2 - - - - 9 56 205 570 840 371 1064 1398 1724
Acidity (mgKOH/g) 0.04 0.001 0.005 0.011 0.017 0.02 0.03 0.03 0.05 0.06 0.04 0.07 0.08 0.08

Viscosity at 20°C (cSt) 1.664 - - - - - - - - - - - - -

Viscosity at 30°C (cSt) 1.432 - - - - - - - - - - - - -
Viscosity at 40°C (cSt) 1.249 - - - 1.344 - - - - - - - - -
Viscosity at 50°C (cSt) 1.103 - - - - 2.734 7.065 - - - - - - -
Viscosity at 60°C (cSt) - - - - 1.043 - - 16.17 183.9 701.7 24.59 - - -
Viscosity at 100°C (cSt) - - - - - 1.299 2.552 5.653 31.45 82.04 7.724 136.3 542 7661
Viscosity at 120°C (cSt) - - - - - - - - - - 5.134 59.18 186.6 1683
Viscosity at 150°C (cSt) - - - - - - - - - - - 22.8 55.68 304.1

Paraffins (%wt) - 72.67 40.97 54.73 - - - - - - - - - -

Naphthenes (%wt) - 27.15 52.62 31.92 - - - - - - - - - -
Aromatics (%wt) - 0.18 6.41 13.36 - 27.9 - - - - - - - -
n-Paraffins (%wt) - 31.43 23.64 32.40 - - - - - - - - - -
Research Octane Number - 67 50 - - - - - - - - - - -

Smoke Point (mm) - - - - 24.9 16.2 - - - - - - - -

Aromatics (%vol) - - - - 15.3 24.1 - - - - - - - -
Naphthalenes (%wt) - - - - 1.56 10.59 - - - - - - - -

Pour Point (°C) -24 - - - - -15 18 39 - - 39 57 66 75

Cloud Point (°C) - - - - - -12 19 - - - - - - -
Freeze Point (°C) - - - - -46.0 -9.0 - - - - - - - -

Cetane Index ASTM D4737-90 - - - - 44.1 49.0 62.1 - - - - - - -

Refractive index at 70°C - - - - 1.4269 1.4526 1.4654 1.4757 1.5100 - - - - -
Aniline Point (°C) - - - - - - 82.6 94.3 101.8 102.8 - - - -

Wax (%wt) 6.0 - - - 0.0 5.6 25.8 29.4 20.0 15.6 26 14.2 10.2 7.1
Carbon Residue (%wt) 0.3 - - - - - - 0.02 1.76 5.81 2.27 11.6 18.2 25.4
Asphaltenes (%wt) 0.05 - - - - - - - - - 0.3 1.6 2.5 3.5

Vanadium (ppm wt) <2 - - - - - - - - - <1 4 6 9

Nickel (ppm wt) <2 - - - - - - - - - 3 14 23 35
Iron (ppm wt) <1 - - - - - - - - - 2 12 20 30

The information in this assay was prepared by BP Oil International Limited. It is for information purposes only and we are not soliciting or suggesting any action based upon it. While this material is based
upon information that we consider reliable, nevertheless it may not be accurate or applicable to the circumstances of any particular case. We cannot accept any liability for any loss arising from the use of this
information and any inaccuracies, errors or omissions in this assay.

This assay is © BP Oil International Limited. None of the material in this assay is to be incorporated or distributed in any work or publication in any form without the prior written consent of BP Oil International
Limited.
Cossack - TBP Data Summary

TBP Cut point API (°C) 50 55 60 65 70 75 80 85 90 95

Total distillate (%wt) 8.0 8.0 8.3 10.5 13.1 14.4 14.4 16.4 16.8 19.5
Total distillate (%vol) 10.5 10.5 10.7 13.4 16.4 17.7 17.8 19.8 20.3 23.2

TBP Cut point API (°C) 100 105 110 115 120 125 130 135 140 145
Total distillate (%wt) 22.1 26.7 27.1 27.6 30.0 32.1 34.3 35.7 36.8 38.5
Total distillate (%vol) 26.1 30.8 31.2 31.7 34.2 36.4 38.8 40.2 41.2 43.0

TBP Cut point API (°C) 150 155 160 165 170 175 180 185 190 195
Total distillate (%wt) 39.1 42.4 43.8 45.2 46.5 47.7 48.8 49.8 50.8 51.8
Total distillate (%vol) 43.6 47.1 48.5 49.8 51.1 52.3 53.4 54.4 55.4 56.3

TBP Cut point API (°C) 200 205 210 215 220 225 230 235 240 245
Total distillate (%wt) 52.8 53.8 54.9 56.0 57.1 58.3 59.5 60.7 61.9 63.1
Total distillate (%vol) 57.3 58.3 59.3 60.4 61.5 62.6 63.8 64.9 66.1 67.2

TBP Cut point API (°C) 250 255 260 265 270 275 280 285 290 295
Total distillate (%wt) 64.3 65.5 66.7 67.8 68.9 70.0 71.1 72.1 73.0 74.0
Total distillate (%vol) 68.3 69.4 70.5 71.5 72.5 73.5 74.5 75.4 76.3 77.1

TBP Cut point API (°C) 300 305 310 315 320 325 330 335 340 345
Total distillate (%wt) 74.9 75.8 76.7 77.5 78.4 79.2 80.0 80.8 81.5 82.3
Total distillate (%vol) 78.0 78.8 79.6 80.4 81.1 81.8 82.6 83.3 84.0 84.6

TBP Cut point API (°C) 350 355 360 365 370 375 380 385 390 395
Total distillate (%wt) 83.0 83.8 84.5 85.2 85.8 86.5 87.1 87.8 88.4 89.0
Total distillate (%vol) 85.3 85.9 86.6 87.2 87.8 88.4 88.9 89.5 90.0 90.6

TBP Cut point API (°C) 400 410 420 430 440 450 460 470 480 490
Total distillate (%wt) 89.5 90.6 91.6 92.6 93.4 94.2 94.9 95.5 96.0 96.5
Total distillate (%vol) 91.1 92.0 92.9 93.8 94.5 95.2 95.8 96.3 96.8 97.2

TBP Cut point API (°C) 500 510 520 525 530 540 550 600 650 700
Total distillate (%wt) 96.9 97.3 97.6 97.7 97.9 98.1 98.3 99.1 99.6 99.8
Total distillate (%vol) 97.5 97.8 98.1 98.2 98.3 98.5 98.7 99.4 99.7 99.9

The information in this assay was prepared by BP Oil International Limited. It is for information purposes only and we are not soliciting or suggesting any action
based upon it. While this material is based upon information that we consider reliable, nevertheless it may not be accurate or applicable to the circumstances of any
particular case. We cannot accept any liability for any loss arising from the use of this information and any inaccuracies, errors or omissions in this assay.

This assay is © BP Oil International Limited. None of the material in this assay is to be incorporated or distributed in any work or publication in any form without the
prior written consent of BP Oil International Limited.