Stratum owns and operates the EV-1 Moinesti concession in Romania

M1-[Recovered]-compressor

Aerial View of Moinesti

Moinesti has a long history of hydrocarbon production

Stratum has retained a 1426 km2 appraisal area until September 2019; there is a possibility of further extension subject to NAMR approval

Stratum’s primary focus is on the teal-shaded eastern half of the block

Moinesti is in a sweet spot in the prolific Eastern Carpathian mountains

Stratum operates and has 100% participating interest in the concession

Stratum has a manageable exploration work commitment

Stratum work plan-1