Epi (holdings) Limited
Management in Wan Chai

EPI (Holdings) Limited (EPI or the Company) is a company that is listed on the Main Board of the Hong Kong Stock Exchange (00689.HK). EPI is focused on the exploration and production of oil and gas in the conventional upstream oil and gas sector. Our management expects the Company to reap steady growth in the future with the existing oil-producing assets. In the year 2012, we performed 7 workover jobs on these oil wells. The other 5 wells were drilled by EPI�s other subsidiary EP Energy S.A. (�EP Energy�) for which EPI is entitled to a 72% interest on production. Out of the 10 wells, 5 were drilled by EPI�s subsidiary Have Result Investments Limited (�Have Result�) for which EPI is entitled to a 51% interest on production. As at December 31st 2012, all of the 10 oil wells have commenced production. This Mendoza Oilfield Project was an initiating transformation for EPI. Within two years of acquiring this project, we have completed drilling 10 oil wells with 8 wells in production. Currently, the Company has oil-producing assets in Argentina.EPI has commenced its oil exploration and production business since November 2009 with its first acquisition project, the �Mendoza Oilfield Project� in the Puesto Pozo Cercado (�PPC�) Concession and Cha�ares Herrados (�CH�) Concession at Cuyana Basin, Mendoza Province of Argentina. The Company is progressively expanding its portfolio of oil and gas projects through strategic acquisitions in other oil and gas projects around the world. Moving forward, we will continue to pursue materially accretive acquisitions in upstream oil and gas assets that have good upside potential around the world.