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Forza Petroleum Limited: Forza Petroleum Announces Its Year End 2020 Reserves and Resources and Operations Update Demir Dagh Demir Dagh Demir Dagh (1) The oil reserves data is based upon evaluations by NSAI, with effective dates as at December 31, 2019 and December 31, 2020, as indicated. Volumes are based on commercially recoverable volumes within the life of the production sharing contract. (2) The contingent oil resources data is based upon evaluations by NSAI, and the classification of such resources as contingent oil resources by NSAI, with effective dates as at December 31, 2019 and December 31, 2020, as indicated. The figures shown are NSAI s best estimate using deterministic methods. Once all contingencies have been successfully addressed, the probability that the quantities of contingent oil resources actually recovered will equal or exceed the estimated amounts is 50% for the best estimate. Contingent oil resources estimates are volumetric estimates prior to econo

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