End Of Well Report Langezwaag - 01 Vermilion Oil and Gas Netherlands BV

End of Well Report

Exploration Well Langezwaag-1

Langezwaag Prospect, Gorredijk Concession, Netherlands Territory

Date: December 2011

Revision No.: 1

Vermilion Oil and Gas Netherlands B.V.

Zuidwalweg 2
8861 NV Harlingen
The Netherlands

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End Of Well Report Langezwaag - 01 Vermilion Oil and Gas Netherlands BV

Authorization

Distribution
Department Name Position Copies

SodM: Ir. F.H. Gubler Inspector of the mines, SodM 2

Vermilion Wellfiles 1

Table of Content

1. SUMMARY ....................................................................................................................................................3
2. PROJECT MANAGEMENT ........................................................................................................................6
3. GENERAL DATA SHEET ...........................................................................................................................7
4. WELL TRAJECTORY .................................................................................................................................9
5. WELLHEAD & XMAS TREE. ..................................................................................................................10
6. WELL STATUS DIAGRAM ......................................................................................................................11
7. COMPLETION STATUS............................................................................................................................12

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End Of Well Report Langezwaag - 01 Vermilion Oil and Gas Netherlands BV

1. Summary
ALL Depth Measurements Referenced to RT

The Larchford Drillmaster 1 land rig was utilized to drill the well as well number 3, in a 4 well campaign
in the North Netherlands. The rig was moved from the previous drilling location at the Wommels-1
location. The first day of the rig move was September 20th, with the rig on contract over the
Langezwaag-1 well from 02:00 hrs on 26th September 2011, when the well was spudded.

The Langezwaag well commenced with a 12 1/4 Target directional assembly drilling out the 16
conductor. The well was drilled vertically through the upper section of the Upper North Sea Group
before kicking off at 375m and building inclination through the Lower North Sea Group. Whilst drilling
through the Lower North Sea Group the string became stuck and packed off in the Landen formation.
Once freed, large amounts of cuttings and sticky clay balls were seen at the shakers. High MBT levels
3
in the mud (133 kg/m ) did not help the cause and diluting with fresh mud and adding gypsum had little
effect. Drilling continued to section TD, casing point for the 9 5/8 called at 1,247m (approximately
115m into the Ommelanden Chalk). Inclination at TD was 34.5.

The string was back reamed out of the hole and became packed off and stuck twice, at the previous
stuck point in the Landen and also in the Brussel Sands. On both occasions the pack off was cleared
without any problems. A steady stream of cuttings and clay balls were seen during the trip out. No
down hole losses were observed during the section and the hole was found to be slick on the trip out.

5
The 9 /8, 36#, K55 BTC casing was ran in hole without any problems or down hole losses. A tight
spot had to be washed through at 900m and the casing was washed from 1,213m to TD due to a 5mt
increase in down drag. A conventional dual slurry double plug cement job was performed, and,
despite no losses during cementing no cement was seen at surface indicating a washed out hole. A
length of string with weights was lowered into the annulus and held up 50m, however it was not
possible to tell if it was cement or simply a centralizer that was being tagged.

The 8 hole section was drilled with an OBM (ranging between 1.21sg to 1.27sg). An FIT was
performed outside the 9 5/8 casing shoe to an EMW of 1.43 sg (in the Ommelanden Chalk) at 1244m
AH. Directionally the section was built out of the 9 5/8 casing shoe to the tangent angle of
approximately 37, at an azimuth approximately 147. The BHA was allowed to drop prior to entering
the target zones and continued to drop to section TD at an inclination of 19.72. The well drilled
through the Vlieland Sandstone (not prognosed), Zechstein Carbonate (secondary target), Slochteren
Sandstone (primary target) and into a Limburg rat hole. Well TD was 2,310m (2,0592 mTVD).

The Vlieland Sandstone, Zechstein Carbonates, Slochteren Akkrum and Slochteren were evaluated
with the below listed Weatherford electric line evaluation tools:
Wireline run #1 GR-Resistivity-Sonic-Neutron-Density (TD 2010m) and then GR-Sonic and 1
arm caliper to 1200m.
Wireline run #2 GR-CBL, 9 5/8 shoe to surface showed top of good cement to be at +/- 278m
with free pipe at 100m. From 242m to 227m the log showed approximately 50% bond and
from 227m to 100m approximately 20% bond.
Wireline run #3 Formation Pressures. A total of 24 tests were performed, 19 initial tests and 5
repeat tests, 12 tests were good, 12 were tight.

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The Slochteren was present but of poor quality and wet. The Vlieland sandstone showed 13.7%
porosity with 1.9m net pay, the Z3 Carbonate 11.4% porosity with 2.1m of pay and the Z2 Carbonate
7.7% porosity with 12.9m of pay, so the decision was made to complete the well.

Due to the cement not reaching surface in the 9 5/8 / 16 conductor annulus an amendment to the
program was required to allow perforation of the 9 5/8 and perform a squeeze job to satisfy regulatory
requirements. To enable this a 7 liner was ran, the intention being to run and cement the liner,
perforate the 9 5/8 near surface and squeeze cement and then run a tie back string and cement to
surface to cover the perforations. The 7 liner was run and set 5m from bottom, with some difficulty in
setting the hanger due to the liner wiper plug fins folding and allowing fluid to bypass. Once set, the
casing was cemented, however, during cementation the hanger failed and liner slipped 5m to bottom.
The hanging capacity of the hanger had been exceeded with the additional weight of the cement
column (hanging capacity not checked prior to shipping liner to rig). The cement job was completed
and the liner running tool retrieved to surface.

A 6 clean out string was ran in hole and cement drilled out from 1912m to 1975m at which point
problems were encountered with the top drive, erratic torqueing up and stalling out with strange noises
indicating something was amiss. After troubleshooting the top drive for 7.6 days and rectifying the
problems the remainder of cement was drilled out to the ball catcher sub on top of the shoetrack.

A CBL evaluation was carried out on the 7 and 9 5/8 casing strings and top of good cements
interpreted at 1596m and 278m respectively. After further discussion with SODM it was agreed that
the likelihood of a perforating/ squeeze cement job on the 9 5/8 being successful was low. Based on
the fact there was no cement around the 9 5/8 shoe the requirement to monitor for potential pressure
build up would not be possible if remedial perforating / cementing at surface was carried out.
Therefore it was decided to cancel the perforation and remedial cementing. A top dress / polish mill
assembly was run to dress off the PBR prior a dummy run with a seal stack assembly on drill pipe
carried out to confirm that the PBR had not been damaged when the liner had dropped. A 7 tie back
string c/w seal assembly was ran and successfully tied back.

The Vlieland Sandstone and Z3 formations were perforated on a single wireline run and a scraper run
performed across the perforations and the 3 packer setting depths.

5 7
A 3 zone completion comprising, 4 /8 TCP guns, 2 /8 and 3 VAGT L-80 tubing completion string
c/w 3 packers, Chemical injection Sub, TR-SCSSV was successfully RIH.

The production packers were set and pressure tested and the tubing hanger set with compression. A
two way check valve was set and tested in the tubing hanger and the BOPs rigged down. An adapter
flange and lower master valve were installed onto the well and tested.

The rig was released at 12:00hrs on 27-10-2011 and preparations continued for the rig move from
Langezwaag to the De Kom wellsite.

st
On the 21 November a Schlumberger well test package was rigged up, during daytime only, without
incident and in reasonable time.

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The HOD was retrieved from the TR-SCSSV, the separation sleeve from the chemical injection sub
(CIS) and the drop bar from the vent sub. The sliding side door sleeve (SSD) at 2075m was then
opened and the existing completion brine displaced with inhibited completion brine. The SSD was then
closed.

The detonator bar was dropped with 140bar underbalance to perforate the Z-2 Interval at 2129 -
2141.5m and the well opened to flow to clean up. No H2S was present and initial production showed a
gas rate of 400,000 m/day with a steady FTHP of 60.2bar. The well was closed in and WHP recorded
to build up from 60bar to 177bar in 6min.

A bullnose was RIH to 2145m to confirm the guns had dropped before setting and inflow testing a plug
& prong in the XN nipple at 2109m. The SSD at 2099m was opened and an attempt made to clean up
the Z-3 perforated interval (2099 2100.5m) however the Z-3 was deemed to be unresponsive.

The upper SSD at 2087m was opened and the well flowed on a 58/64" choke to clean up the Vlieland
perforated interval (2095 2097m). No H2S was present and initial production showed a gas rate of
538,000 m/day with a steady FTHP of 58.4bar. The well was closed in and WHP recorded to build up
from 58bar to 181bar.

Following the excellent results on both the Z-2 & Vlieland intervals, the decision was made to cancel
coiled tubing stimulation runs and complete main well tests on the 2 intervals:

Cal Scan tandem memory gauges & hanger were RIH and attempts made to hang off in the XN nipple
at 2109m, however the gauge hanger no-go profile was 1cm too long to allow keys to engage. The
no-go profile on the gauge hanger was machined-down and the gauges and hanger successfully set.
The Z-2 interval main flow test was performed with an initial flow rate of 304,000 m/day at 110 bar
FTHP. A 14 hour build up period was performed and the interval flowed again on a 32/64 choke, final
flow rate of 312,900 m/day at 109bar FTHP.

The upper SSD at 2087m was opened to access the Vlieland interval and tandem memory gauges
were ran in and hung off. The well was opened up on a 36/64" choke, increasing to 40/64" and the
3
Vlieland main well test completed. A final flow rate of 414,900 m /day at 118.4 bar FTHP was
recorded.

The TR-SSSV & Tree valves were closed in and Schlumberger Well Test package was rigged down.
The gauges were pulled from the Vlieland SSD at 2087m, the tubing filled with inhibited brine, and a
PX Plug and prong set and tested in the X Nipple at 2106m. The well then shut in and testing
operations completed on 9th December, 2011.

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End Of Well Report
2. Project management
Drilling team:
Scott Ferguson
Neil Wallace
Bill Liutkus
Julian Beaudry / Rein Bootsma
Jay Vickers / Martin Ritchie
Henk Van Gastel
Raymond Beaudry / Leo Aubin
Rob Collins / Michiel Brouwer
Completion team:
BJ Kalsi
Frank Hofstra / Glenn Horn
Langezwaag - 01 Vermilion Oil and Gas Netherlands BV
Country Manager
General Manager
Drilling Manager
Drilling Superintendents
Drilling Engineers
Operations Geologist
Drilling Supervisors
Completion Engineers
Completion Supervisors
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3. General data sheet

Vermilion Oil and Gas Netherlands BV WELL Langezwaag-1 CONCESSION Gorredijk OPERATOR Vermilion Oil and Gas Netherlands BV

LOCATION LZG MUNICIPALITY Heerenveen RIG Larchford Drillmaster 1

End-of-We ll Re port Ge ne ral Data She e t CLUSTER , SLOT Gorredijk FIELD / PROSPECT Langezwaag STATUS Completed PAGE 1

GENERAL WELL DATA DEVIATION DATA (m AH RT) PRIMARY CEMENTATION MUD DATA
Location Map Reference: Lat 52 58 34.445 N Long 05 59 6.350 E Target 1 (size) 50m Radius Casing Slurry Type & density Top of cement Hole Type Density
Conductor Coordinates: 554,405.08 mN 195,126.84 mE Target 1 Coordinates: X: : 195,608.38 Y: 553,2642.86 Size (inch) Volume (m3) of cement mAHRT eg:CBL/CET... Section Range
Wellhead Type: FMC C-22 Split Unihead 11"-5K x 9 5/8", PSL2, Double CL port Target 1 Depth: 2196.59 mAHRT 9 5/8" 48.8 Pozzo lead slurry at 1.55 sg 278 (top of good CBL Interpretation, 12 1/4" KPM 1.18 - 1.35 sg
AFE Number ND 1006 Planned: 8.8 Pozzo tail slurry at 1.65 sg cement, free pipe 8 1/2" Enviromul OBM 1.21 - 1.28 sg
Type of Well: Deviated exploration well Drill vertical to KOP1 at: 370 mAHRT at 100m)
Date Operations Commenced: 20/09/2011 Start of rigmove from Wommels location Target Direction: 147 degrees GN
Spud Date: 26/09/2011 Release Date: 27/10/2011 Build section to / inclination: 1467 mAHRT 36 degrees 7" 8.8 Litecrete lead slurry at 1.40 sg 1596 CBL Interpretation
Objectives: Slochteren, Zechstein 2 & 3 Carbonates Tangent section to: 1844 mAHRT 13.2 Pozzo tail slurry at 1.67 sg
Build section to / inclination: mAHRT degrees
(mTV MSL/NAP) Expected Actual Tangent section to: mAHRT CEMENT (BRIDGE) PLUGS
Depth of Objective 1: -1940 -1957.4 Slochteren Build section to / inclination: mAHRT degrees Interval (mfl AH) Type & weight Plug testing Reason for sidetracking
Depth of Objective 2: -1877 -1883.1 Zechstein 2 Carbonate Target Direction: degrees GN No. of cement weight, & abandonment
Depth of Objective 3: -1865 -1885.1 Zechstein 3 Carbonate Drop section to TD 2310 mAHRT 19.72 degrees From To (bridge plug) pressure
Tangent section to TD mAHRT N/A
Total Depth (mAHRT): Expected: 2301 Actual: 2310
Total Depth (mTVRT): Expected: 2045 Actual: 2059 Actual:
Total Rig Days: Expected: 19.23 Actual: 31.41 Max. hole angle: 37.77 degrees at 1820.5 mAHRT
Drilling Expenditure: (x10E6) Expected: 3.67 Actual: 3.99 Max. horizontal displacement: 901.6 m at 19.72 degrees
CTU Expenditure: (x10E6) Expected: Actual: Max. dogleg: 4.41 deg/30m at 541 mAHRT
Total expenditure (x10E6) Expected: 3.67 Actual: 3.99 Dev at resv: (Z2C) 23.9 degrees at 2097.1 mAHRT
DEPTH REFERENCES CASING/LINER DATA REMEDIAL CEMENTATIONS
OFFSHORE (MSL) ONSHORE (NAP) Size (inch) Weight Grade Coupling Depth (m AHRT) Reason for job Type & weight of cement Remarks
Top RT: + Top RT: 7.78 m (lb/ft) From To Top filled surface cementation due to no returns on 1.92sg 'G' Dyck Cemented from 60m to surface through 22mm copper pipe in
Top CHH:+ Cellar elevation (above NAP): 0.00 m 16" 20 mm WT Welded 8 65 9 5/8" job annulus.
Top conductor: + Top reference flange (TBF) - NAP : m 9 5/8" 36 K55 BTC 8 1244 RIG TIME BREAKDOWN
Bottom barge: + Distance RT-cellar: 7.78 m 7" Tieback 23 L80 VAGT 8 829 Rig time to TD Days % Completion phase Days %
M.L.W.S: - RT-Top Landing ring: m 7" Liner HGR 829 834 Rig mobilisation 5.750 17% Run Completion 2.110 6%
Top " cap: - Cellar-Top Landing ring: m Assembly Drill 12 1/4" section 3.250 10% Secure well and nipple down 0.89 3%
Sea bed: - Reference flange: 7" Liner 23 L80 VAGT 834 1138 Ran 9 5/8" casing & Cemented, installed BOPs 2.290 7%
7" Liner 23 K55 VAGT 1138 2310 Drill 8 1/2" section 4.210 12%
Top conductor: - Wireline Logging - OH logging 1.170 3%
Mudline suspension seat: Ran 7" casing & Cemented 15.740 46%
OTHER LINER DATA Wireline Logging - CBL 1.750 5%
Distance RT-Sea bed: Size (inch) Equipt. Hanger Type Packer
Distance RT - Suspension seat: Maker Type Depth (m) Drilling and Completion operations
Reference point after removing rig: conducted 7 day/week, 24 hrs/day.
CONTRACTOR DATA
Coring Contractor: N/A STAGE CEMENTER Total rig time/percentage to TD 34.16 100% Total time to complete 3.00 9%
Cement Contractor: Schlumberger Casing Equipt. Type Depth Opening Plug GENERAL WELL REMARKS
Deviation Survey Contractor: Target Well Control Size Maker (eg DV,FO) (m flange) (eg Bomb, displ.) Well Langezwaag 1 was planned as a deviated exploration well in the Gorredijk prospect, targeting the Slochteren sandstone
Directional Drilling Contractor: Target Well Control N/A The Larchford Drillmaster 1 rig drilled 2 hole sections (12 1/4" and 8 1/2") to the reservoir and cemented casings.
Logging Contractor: Weatherford SUSPENSION FLUID KILL STRING Electric line formation evaluation logs were performed to assess the formations.
Mud Chemical supplier: Baroid 1.19 NaCl brine N/A A three zone completion was run to allow production from the Vlieland and Z2 & 3 Carbonates (Slochteren was water wet). The UMGV was
Mud Engineering: Baroid installed and tested.

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Vermilion Oil and Gas Netherlands BV

End-of-We ll Re port Evaluation She e t WELL Langezwaag-1 PAGE 2

PETROPHYSICAL EVALUATION LOGGING CORING SIDE WALL SAMPLING

Formation Interval Gross Net AVG AVG phi x h phi x h Hole Name Remarks Core Interval (m AH) Recovery Run No. Attempt Recover Empty Misfire Lost
mAH (m) (m) phi Sw x Sh Size (in) No. Size N/A
Vlieland Sst 2094.7 - 2097.1 2.4 1.9 0.137 0.283 0.260 0.187 (in) From To m %
Z3 Carbonate 2098.6 - 2102.3 3.7 2.1 0.114 0.339 0.239 0.158 8.5 MCG-MDN-MPD-MSS-MAI Logged interval 2310m to 2010m N/A
Z2 Carbonate 2129.2 - 2151.1 21.9 12.9 0.077 0.211 0.993 0.784 GR-Sonic logged to 9 5/8" shoe.
Calipered open hole
8.5 MCG-CBL Logged 9 5/8" cement bond FORMATION STRENGTH TESTS
8.5 MCG-MFT For formation pressure evaluation. Casing Formation Limit Depth (RT) EMW
24 pre-tests taken; Size Y/N mTV mAH sg
12 good tests, 12 tight test 9.625 Ommelanden Y 1244 1161 1.43
8.5 UGR-NMRT Aborted - tool problems
8.5 GR-CBL-CCL Rerun 9 5/8" CBL, confirm TOC

7" Liner GR-CBL-CCL CBL on 7" Liner

Interpreted TOC @ 1596m GAS DETECTION WHILE DRILLING
Formation Max Gas [ppm] B.G. Gas [ppm]
Upper North Sea Group 10100 170
Middle North Sea Group 4350 1428
Lower North Sea Group 7170 1960
Ommelanden Fm 3100 954
Texel Fm 3180 1622
RFT - QUALITATIVE DATA FORMATION TOPS Holland Fm 11900 3553
Test Depth Depth Vlieland Claystone Fm 29800 17578
Formation mTV Chamber contents Remarks Formation m AH m TV Vlieland Sandstone Fm 49400 28033
PETROPHYSICAL / GEOLOGICAL REMARKS NAP/MSL (Oil/Gas/Water) RT NAP Z3 Anhydrite Mb 72700 72700
N/A Upper North Sea 7.8 0.0 Z3 Carbonate Mb 149000 107475
Middle North Sea 453.5 -445.3 Grey Salt Clay Mb 149000 147000
FORMATION PRESSURE DATA Lower North Sea 560.0 -549.7 Z2 Basal Anhydrite Mb 97500 13842
Formation Depth Pressure RFT or MDT Remarks (eg. H2S) Brussels Sand 676.0 -658.2 Z2 Carbonate Mb 25800 14302
(m TVD RT) (bar) tool Ieper 805.5 -772.4 Z1 Anhydrite Mb 11800 3458
Basal Dongen Tuffite 1088.6 -1019.7 Z1 Carbonate Mb 540 428
Vlieland Sst 2095.47 210.11 MFT Good test, fully stable Landen 1100.0 -1029.7 Coppershale Mb 530 530
Vlieland Sst 2096.50 209.88 MFT Good test, fully stable Ommelanden 1130.2 -1055.7 Akkrum Sandstone Mb 1600 943
Vlieland Sst 2096.49 210.39 MFT Good test, fully stable, repeat Texel Plenus Marl - - Ten Boer Mb 2060 855
Z3 Carbonate 2099.52 209.78 MFT Good, not fully stable after 15 mins Texel Marlstone 1982.4 -1751.6 Slochteren Fm 6030 2066
Z3 Carbonate 2101.07 118.23 MFT Tight, abort after 5 minutes Holland 2041.4 -1803.2 Ruurlo Fm (Limburg Gp) 13500 3555
Z3 Carbonate 2101.20 79.86 MFT Tight, abort after 10 minutes, repeat Vlieland Claystone 2081.2 -1839.2 H2S DETECTION AREA
Z3 Carbonate 2101.99 104.59 MFT Tight, abort after 5 minutes Vlieland Sandstone 2094.7 -1851.5 Formation Max H2S [ppm] Drill/ Trip Gas
Z3 Carbonate 2102.00 75.71 MFT Tight, abort after 5 minutes, repeat Z3 Anhydrite 2097.1 -1853.7
Z2 Carbonate 2130.48 105.91 MFT Tight, abort after 5 minutes Z3 Carbonate 2098.6 -1855.1 No H2S detected while drilling or completing LZG-01
Z2 Carbonate 2132.02 103.96 MFT Tight, abort after 10 minutes Grey Salt Clay 2102.3 -1858.5
Z2 Carbonate 2134.01 103.80 MFT Tight, abort after 5 minutes Z2 Basal Anhydrite 2104.8 -1860.7
Z2 Carbonate 2133.90 208.48 MFT Good test, fully stable, repeat Z2 Carbonate 2129.2 -1883.1
Z2 Carbonate 2135.50 106.57 MFT Tight, abort after 4 minutes Z1 Anhydrite 2151.1 -1903.3
Z2 Carbonate 2139.46 101.75 MFT Tight, abort after 3 minutes Z1 Carbonate 2190.9 -1940.3
Z2 Carbonate 2139.37 120.33 MFT Tight, abort after 10 minutes, repeat Coppershale 2194.4 -1943.5
Z2 Carbonate 2142.51 105.97 MFT Tight, abort after 4 minutes Slochteren Akkrum 2195.5 -1944.6
Z2 Carbonate 2145.72 208.83 MFT Good test, fully stable Ten Boer 2201.2 -1949.9
Z2 Carbonate 2147.49 209.28 MFT Good test, fully stable Slochteren 2209.2 -1957.4
Z2 Carbonate 2150.02 94.23 MFT Tight, abort after 5 minutes Limburg Group 2277.2 -2021.0
Akkrum Sst 2197.01 213.43 MFT Good test, fully stable TD 2310.0 -2051.8
Akkrum Sst 2198.99 213.78 MFT Good test, fully stable
Slochteren 2219.41 215.22 MFT Good test, fully stable OTHER EVALUATION DATA
Slochteren 2245.48 217.29 MFT Good test, fully stable
Slochteren 2262.01 218,85 MFT Good test, fully stable FAULT (S) N/A
Depth
Formation m TV m AH
NAP/MSL RT
N/A

PRODUCTION TESTING
Interval (m flange) Results of main flow period
From To Gas Condensate Water FTHP Choke size SITHP SIBHP Remarks
(M m3/d) (m3/d) (m3/d) (Bar) (xx/64) (Bar) (Bar)
Vlieland Sst 2095 2097 415 1.25 118 40/64 178
Z2 Carbonate 2129 2141.5 310 0 110 36/64 175

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4. Well Trajectory

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5. Wellhead & Xmas tree.

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6. Well status diagram

Langezwaag - As drilled Revision: Date: 29/10/2011
Well Information Pressure Control Formation Evaluation Directional Plan/Survey
Target plan Revision 2.1

Well Name: Langezwaag-1 LZG-001 Exploration Mud Logging Geological service from spud to TD
Rig Larchford Drillmaster-1 Top hole No well control 12 1/4" Surface Hole Section
Concession Gorredijk Drilled vertical to 374 m.
AFE # ND1006 Intermediate hole FMC C22 casing bowl 5000 psi. Cuttings samples Every 15 m from spud to 50m above top Zechstein Kicked-off and built to 35 inclination on 150 azimuth.
AFE Amount () 3,676,844 Inc rig move and completion 13 5/8" 5,000 psi BOP (345 bar): Every 5 m from 50m above top Zechstein to TD Surveyed using MWD
AFE Days 19.23 Exc rig move, inc completion 1 x Annular 5000 psi.
Surface Loc.: Langezwaag-1 2 7/8" x 5" VBR 5,000 psi.
Surface Coords (RD): 195,126.84 E 554,405.08 N 1 x Blind / shear ram 5,000 psi. Gas detection Total gas and H2s from spud to TD 8 1/2" Intermediate Hole Section
BH Coords (RD): 195,608.38 E 553,642.86 N 2 7/8" x 5" VBR 5,000 psi. Drilled out 9 5/8" shoe and continue build from 35 to 36 - 37.7 inclination.
Surveyed GL: 0.00 m (NAP) MWD MWD Directional only in the 12 1/4" hole section Held at 36 - 37.7 inclination until +/- 1850m AH.
Estimated KB: 7.83 m (NAP) Refer to DDP for pressure testing requirements MWD Directional / GR in the 8 1/2" hole section Dropped at at average of 1.3/30m to target (varied between 0.3-3.3/30m)
KB-GL: 7.83 m Well TD'd 32 m into Carboniferous
TD Logging Run #1: GR/NEU/POR/RES/DEN/SONIC from TD to top Holland Marl Surveyed using MWD/GR
Primary Objective Appraise untested fault block for Rotliegend Run #2: GR-CBL to check 9 5/8" cement quality
potential Run #3: MFT pressure points only. 24 in total, 19 initial, 5 re-tests
Secondary objective Appraise reservoir potential of Z2 Carbonates Run #4: NMRT - was rigged up but cancelled due to computer communication
problems Outstep at target is 901 m on 145 Azimuth
Geological target 50m Radius Completion GR-VDL-CBL inside 7" casing
Stratigraphy Casing Schedule Drilling Fluids Casing and Cement Problems and Operational Notes
Gp. Form. Mbr. Formation MD TVD Gradient Description MD TVD
(m AH BRT) (m TV BRT) Bar/m m AH BRT m TV BRT
NU Upper North Sea 7.8 7.8
Conductor Offset wells
Sweet Aquifer 42.0 9 5/8" TOC 50 50
Conductor 16" 3/4 "WT 65 65 16" 20 mm wall thickness Gorredijk (GRD-1) 15.6 km 1971
Tight Zone 153.0 CBL - No bond but wall 84 Driven to 65m Nijlamer (NLM-1) 9.1 km 1972
contact observed. Oudeaga Akkrum-11 (AKM-11)13.2 km 1978
Weststellingwerf (WSF-1) 12.9 km 1983
Sweet Aquifer 193.0 Top Hole Section: 12 1/4" Surface Casing Heerenveen (HRV-1) 2.7 km 1985
9 5/8", 36lb/ft, K-55, BTC Noorwolde (NWD-1) 12.9 km 1985
Tight Zone 228.0 System: KCL-polymer Set 115m into the chalk to Isolate the Oldelamer (OLR-1) 12.4 km 1985
Salt Aquifer 253.0 CBL - Interpreted top of 278 Density: (sg) 1.18-1.35 NS clays and achieve a 1.43 sg EMW FIT Donkerbroek-3 (DKK-3) 15.9 km 1991
good cement. Bond reduced Viscosity: 47-80 s/l Blesdijke (BLD-1) 13.4 km 1998
to 50% at 227m then 20% to pH: 8.3-9.6 Grootwijngaarden (GWG-1) 2.6 km 2003
100m. Free pipe from 100m Fluid Loss 4-6 Surface Cement Vinkega (VGK-1) 16.1 km 2009
to surface. Preflush: 10m3 H20 De Hoeve (DHV-1) 13.4 km 2009
Lead Slurry 1.55sg Pozzo
Combination of mud from the tank farm Volume approx 48.8 m3 (50% excess)
at NWH and new mud combined Tail Slurry 1.65 sg Pozzo
NM Mid North Sea 453.5 453.1 Volume approx 8.8 m3 (80% excess)
(Rupel)
Began section with mud MBT's of 42 kg/m3 . MBT's quickly spiralled out
of control and reached 133 kg/MBT. Unable to control with centrifuge
and gypsum, had to dump, dilute and add fresh mud.

NL Lower North Sea 560.0 557.5 Drilling through Ieper and Landen had ROP's of over 200m/hr.
(Asse Clay)
FF S Brussels Sands 676.0 666.0 Drilling string packed off and stuck at 1081m in Landen after high ROP's
7" Weatherford Seal Stem Suspected mud ring higher up in hole as rotation possible and well taking
assembly long time / volum to pressure up.

NL FF Y Ieper Clay 805.5 780.2 Regained circulation after 12hrs of working and rotating string. Large
W/Ford 7" x 9 5/8" Liner Hanger amounts of cuttings and clay balls at surface. Increased mud weight to
PBR Top 829 1.31sg.
Packer Top 832 Packer not set to allow monitoring of uncemented 7" annulus / 9 5/8" shoe
Slip Assembly 834 String stuck and packed off twice during trip out of hole at 1085m and
724m. Regained circulation on both occasions with minimal effort. Large
Basal Dongen Tuffite 1088.6 1027.5 Seal Stem Muleshoe 835 clay balls (brick size) observed at shakers whilst circulating clean.

9 5/8" casing ran to bottom without to many problems. Had to wash past
NL LF Landen FM 1100.0 1037.4 tight spot at 900m and washed down from 1213m to 1244m setting depth
due to 5mt additional down drag.
CK GR Ommelanden Chalk 1130.2 1063.5
Did not get cement returns to surface during 9 5/8" cementing job, suspected to
be caused by enlarged hole caused by pack off and tight hole at 1081m.

Surface casing Total of +/- 13m3 downhole losses throughout section

12.25" HOLE TD 1247 1168 9 5/8" 36# K55 BTC 1244 1165

Intermediate Hole Section: 8 1/2" Intermediate Casing - 7" Tie back string Performed FIT to 1.43sg EMW at 1244m.
7", 23lb/ft, L80 VAGT from surface to 829m
System: LTOBM 7" Seal Stem from 829m to 835m No H2S seen during drilling the section.
Mud Weight (sg) 1.21-1.27
PV 20 - 22 cP Intermediate Casing - 7" Liner
YP 17 - 28 lb/100ft2 7", 23lb/ft, K-55, VAGT from 1138m to ball
O/W Ratio 70 - 73 / 30 - 27 catcher sub
HPHT FL 3 - 3.5 cc's
TOC @ 1596m AH 6 RPM 11 - 18
CBL Interpretation Elec Stab 495 - 630 mV Assembly had slight build tendency in rotary in upper part of Ommelanden

Set 32 m AH Into the top of the Carboniferous From +/- 1600m assembly began to drop in rotary
1665m - 1707m unable to slide, motor constantly stalling out, hanging up

Combination of OBM mud from WMS, Liner Cement From 2006m rotary drop rate increased from 1.4/30m to 2.8/30m.
from the tank farm at NWH and new mud Preflush 1: Base Oil
from Baroid Preflush 2: Mudpush II 1.32sg From 2100m drop reduced to 0.2/30m to 1.5/30m.
Lead Slurry 1.4sg Litecrete
Production liner Volume 8.8 m3
7" 23# L80 VAGT Tail Slurry 1.67 sg Pozzo
7" 23# K55 VAGT Volume 13.2 m3
Open Hole Volume

Top of Cememt 1596m

Post Spacer 1.5m3 Fresh Water
Displacement: Brine - 1.19sg
TX Texel Chalk 1982.4 1759.4 Vlieland Sandstone not prognosed but found, gas shows up to 3%
Z3 Carbonate showed good gas shows between 7 - 15%
KN GL Holland Marl 2041.4 1811.0 Z2 Carbonate showed gas shows up to 2.6%
Primary target Slochteren had no gas shows
Chemical Injection Sub 2075

2.813" SSD 2079

On-off Connector No losses seen throughout section apart from 4m3 lost drilling last single
down
NC Vlieland Claystone 2081.2 1847.0 7" PHL packer 2086

Vlieland Sandstone 2094.7 1859.3 2.313" SSD 2091

Perforations from 2095-2097m in Vlieland Ran 7" liner to enable rectification work on the 9 5/8" cement job. No 23 ppf
ZE Z3 A Z3 Anhydrite 2097.1 1861.5 0.118 7" PHL packer 2098 liner wiper plugs available so ran 26ppf plug instead. Whilst pressuring up to set
C Z3 Carbonate 2098.6 1862.8 Perforations from 2099-2100.5m in Z3 liner hanger, cups flipped allowing fluid to bypass plug. Proceeded with cement
Grey Salt Clay 2102.3 1866.2 2.313" SSD 2104 job but liner dropped during cementation after pumping 13.2m3 of tail slurry and
dropped 5m to bottom. RSM pack off bushing pulled from liner top packer into
Z2 A Z2 Anhydrite 2104.8 1868.5 7" AHR packer 2109 PBR causing flow path up 9 5/8" / 7" annulus and comprimised cement job.

X Nipple 2111 Stabbed back into PBR and dropped foam wiper ball and displaced theoretical
cement volume. Ran clean up string after pulling out and drilled cement from
X-N Nipple 2115 1912m to the landing collar at 2272.5m.

Z2 C Z2 Carbonate 2129.2 1890.9 2129 Perforations from 2129-2141.5m in Slochteren

2141.5
Z1 A Z1 Anhydrite 2151.1 1911.1
C Z1 Carbonate 2190.9 1948.1
Coppershale 2194.4 1951.3
Slochteren Akkrum 2195.5 1952.4
K Ten Boer Member 2201.2 1957.7
RO SL Slochteren 2209.2 1965.2 0.114

DC Carboniferous 2277.2 2028.8 Ball Catcher Sub 2272.5

TD 2310 2059.6 Shoe on bottom 2310 2060

Wermilion Oil and Gas Netherlands BV

Zuidwalweg 2
8861 NV Harlingen
The Netherlands
Written by: Martin Ritchie / Jay Vickers Drilling Engineer Agreed by: Scott Seatter Exploitation Manager Approved by: Bill Liutkus Drilling Coordinator +31 (0)517 493 333

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End Of Well Report Langezwaag - 01 Vermilion Oil and Gas Netherlands BV

7. Completion status

VERMILION FIELD : GORREDIJK WELL : LZG 001

R T / T H : 7.46m. AN N U LU S FLU ID :
COMPLETION DATE : 7-10-2010 1.19 SgSG
1.19 Inhibited Sodium
INHIBITED Brine BRINE
SODIUM - 3% KCL
V OLU ME S D R ILLIN G D E P T H S / R T 1
TUBING : 6.65 m3 9 5/8" CSG SHOE 1244 m.
ANNULUS :30.18 m3 2
HOLE : 47.15 m3 7" CSG SHOE 2310 m. 3
X-MAS T R E E 4
TUBING HEAD FMC 5
TUBING HANGER FMC
L MASTER VALVE FMC MANUAL GATE VALVE 3"1/8"-5K API 6
U MASTER VALVE FMC ACTUATOR VALVE 3"1/8"-5K API 7
SWAB VALVE FMC MANUAL GATE VALVE 3"1/8"-5K API 8
WING VALVES FMC MANUAL GATE VALVE 3"1/8"-5K API 9
TOP CAP FMC 6 1/2"- 4 ACME 5K 10
S T R IN G
ITEM QTY DESIGNATION L/M Depth/TH ID/in
bottom of item
1 1 FMC TUBING HANGER WITH 3" CIW-H BPV PROFILE 0.420 0.26 2.996
2 1 PUP JOINT 3.1/2" - 9.2# VAGT PIP X PIN 1.740 2.00 2.990
3 1 JOINT 3.1/2" 9.2# VAGT 9.374 11.37 2.990
4 3 PUP JOINT 3.1/2" 9.2# VAGT 4.590 15.96 2.990
5 4 JOINT 3.1/2" 9.2# VAGT 37.220 53.18 2.990 11
6 1 PUP JOINT 3.1/2" 9.2# VAGT X VT 1.890 55.07 2.990
7 1 FLOW COUPLING, 3.1/2" -9.20# VT 1.750 56.82 2.900
8 1 W e llsta r T R S S S V , 3.1/ 2" V T 1.560 58.38 2.813
9 1 FLOW COUPLING, 3.1/2" -9.20# VT 1.750 60.13 2.920
10 1 PUP JOINT, 3.1/2" -9.20# VT X VAGT 1.280 61.41 2.920 12
11 213 JOINT 3.1/2" 9.2# VAGT 2006.270 2067.68 2.990 13
12 1 PUP JOINT, 3.1/2" -9.20# VT X VAGT 1.910 2069.59 2.990 14
13 1 CHEMICAL INJECTION SUB 0.710 2070.30 2.813 15
14 1 PUP JOINT, 3.1/2" -9.20# VT 1.290 2071.59 2.990 16
15 1 PUP JOINT 3.1/2" 9.2# VT 1.900 2073.49 2.990 17
16 1 S S D XD 2.813" 9CR 3.1/ 2" -9.20# 1.220 2074.71 2.813 18
17 1 PUP JOINT 3.1/2" 9.2# VT 1.280 2075.99 2.990 19
18 1 PUP JOINT 3.1/2" 9.2# VT 1.890 2077.88 20
`9 1 ON-OFF TL, XL, 7X3.1/2" 0.760 2078.64 2.813 21
20 1 PUP JOINT 3.1/2" 9.2# VT 1.280 2079.92 2.990 22
21 1 P KR 7 23-29, 3.1/ 2"-9.2# , P H L 1.860 2081.78 2.885 23
22 1 X-OVER 3.1/2" 9.2# VT X 2.7/8" 6.4# VT 0.240 2082.02 2.440 24
23 2 PUP JOINT 2.7/8" 6.4# VT 3.230 2085.25 2.440
24 1 S S D XD 2.313" 9CR , 2.7/ 8 6.4# V T 1.230 2086.48 2.440
25 1 BLAST JOINT, 2.7/8" - 6.4# NEW VAM, 3.54"OD 5.040 2091.52 2.440 25
26 1 P KR 7 23-29, 3.1/ 2"-9.2# , P H L 1.860 2093.38 2.440
27 1 BLAST JOINT, 2.7/8" - 6.4# NEW VAM, 3.54"OD 5.040 2098.42 2.440
28 1 S S D XD 2.313" 9CR , 2.7/ 8 6.4# V T 1.230 2099.65 2.313
29 2 PUP JOINT 2.7/8" 6.4# VT 3.230 2102.88 2.440 A
30 1 AH R P ACKE R 1.740 2104.62 2.313
31 1 PUP JOINT 2.7/8" 6.4# VT 1.310 2105.93 2.440 26
32 1 2.313" X LANDING NIPPLE 0.340 2106.27 2.313
33 2 PUP JOINT 2.7/8" 6.4# VT 3.300 2109.57 2.440 B
34 1 2.313" XN LANDING NIPPLE 0.340 2109.91 2.205 27
35 1 PUP JOINT 2.7/8" 6.4# VT 1.380 2111.29 2.442
36 1 X-OVER 2.7/8" VT X EUE 0.510 2111.80 2.442
37 1 Ba r pre ss ve nt 0.400 2112.20 2.225
38 1 2.7/ 8" ME CH AN ICAL R E LE AS E 0.500 2112.70 2.250 28
39 4 PUP JOINT 2.7/8" EUE 9.800 2122.50 2.440 29
40 1 AUTOMATIC RELEASE, 2.7/8" EUE 0.590 2123.09 2.440 30
41 1 4.5/ 8 spa ce r to top shot 0.280 2123.37 3.810 31
32

33
34
35
36
37
38
39
40
41

DROPPED TCP GUN ASSY W/ SPENT GUNS 40 M

Perfs P E R FOR AT ION S / R T

A Vlieland 2095-2097 M/rt N OR M CLAS S IFIE D : N O
B Zechstein 3 Carbonate 2099-2100.5 M/rt
C Zechstein 2 Carbonate 2129-2141.5 M/rt D E V IAT ION : 39 D E G
AT 1400 M, "S" shape

Page 12 of 12