Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 7 Key Information 7 Company Overview 7 Greenfields Petroleum Corporation, Valuation and Financial Data 8 Greenfields Petroleum Corporation, Share Price Performance 8 Share Price Performance, Q1, 2015-Q1, 2016 8 Greenfields Petroleum Corporation, Key Valuation Metrics 9 Key Valuation Metrics, Q1, 2015-Q1, 2016 9 Greenfields Petroleum Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 10 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 10 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 11 Greenfields Petroleum Corporation, Quarterly Production Trends 12 Greenfields Petroleum Corporation, Total Oil and Gas Production 12 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 12 Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 13 Greenfields Petroleum Corporation, Crude Oil Production 14 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 14 Crude Oil Production, By Country/Region, Q1, 2015-Q1, 2016 15 Greenfields Petroleum Corporation, Natural Gas Production 16 Total Natural Gas Production Trend, Q1, 2015-Q1, 2016 16 Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 17 Greenfields Petroleum Corporation, Valuation and Financial Data, 2011-2015 18 Greenfields Petroleum Corporation, Share Price Performance, 2011-2015 18 Share Price Performance, 2011-2015 18 Key Valuation Metrics, 2011-2015 19 Greenfields Petroleum Corporation, Production and Reserves Trends 20 Total Oil and Gas, Reserves and Production 20 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 20 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 22 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 24 Crude Oil/Liquids Production and Reserve 25 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 25 Crude Oil Production and Reserves By Country/Region, 2011-2015 26 Crude Oil/Liquids Reserve Changes, 2011-2015 28 Natural Gas Production and Reserve 29 Natural Gas Production and Reserve Trend, 2011-2015 29 Natural Gas Production and Reserves, By Country/Region, 2011-2015 30 Natural Gas Reserve Changes, 2011-2015 32 Total Crude Oil and Natural Gas Reserves Life Index 33 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 33 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 34 Greenfields Petroleum Corporation, E&P Costs Trends 36 Allocation of the Upstream Capital Expenditure 36 Upstream Capital Expenditure, 2011-2015 36 Exploration and Development Costs, By Country/Region, 2011-2015 37 Oil and Gas Cost Per boe, US$/boe 38 Oil and Gas Cost Per boe, US$/boe, 2011-2015 38 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 40 Greenfields Petroleum Corporation, Reserve Replacement Ratio 41 Oil and Gas Production Replacement Ratio 41 Oil and Gas Production Replacement Ratio, 2011-2015 41 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 43 Greenfields Petroleum Corporation, Results of Oil & Gas Operations Trend 47 Oil and Gas Revenue and Expenses 47 Oil and Gas Revenue and Expenses, 2011-2015 47 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 48 Oil and Gas Revenue and Expenses, Per boe 49 Oil and Gas Revenue and Expenses, By boe, 2011-2015 49 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 50 Greenfields Petroleum Corporation, Land Holdings and Well Data 52 Developed and Undeveloped Acreage 52 Gross and Net Developed and Undeveloped Acreage, 2011-2015 52 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 53 Well Statistics 55 Producible Oil and Gas Well, 2011-2015 55 Producible Oil and Gas Well, By Country/Region, 2011-2015 56 Exploration and Development Wells Drilled, 2011-2015 60 Recent Developments 61 Greenfields Petroleum Corporation - Recent Developments 61 Sep 09, 2016: Greenfields Announces The Completion Of The Corporate Restructuring Transaction And Early Loan Settlement And The Closing Of An Additional USD$3.0 Million Of Loan Funding 61 Aug 26, 2016: Greenfields Announces Financial Results For The Three And Six Months Ended June 30, 2016, Operations Update And Conversion Of Debentures 62 May 27, 2016: Greenfields Petroleum Announces Financial Results For The Three Months Ended March 31, 2016 And Operations Update 64 May 03, 2016: Greenfields Petroleum Plans To Drill 40 New Wells On Azerbaijan's Gum Deniz Field 67 Apr 29, 2016: Greenfields Petroleum Announces Financial And Operating Results For The Year-Ended December 31, 2015 67 Mar 09, 2016: Greenfields Petroleum Extends Loan Agreement For Bahar-Gum Deniz Block Development 70 Nov 19, 2015: Greenfields Petroleum Announces Financial Results For The Three And Nine Months Ended September 30, 2015 And Operations Update 70 Aug 27, 2015: Greenfields Petroleum Announces Financial Results For The Three And Six Months Ended June 30, 2015 And Operations Update 73 May 29, 2015: Greenfields Petroleum Announces Financial And Operating Results For The Three Months Ended March 31, 2015 76 Apr 30, 2015: Greenfields Petroleum Announces Financial And Operating Results For The Year-Ended December 31, 2014 78 Appendix 82 Methodology 82 Coverage 82 Secondary Research 82 Primary Research 82 Data Information Sources 83 Company Source 83 SEC/Other Regulatory Filings 83 Other Sources 83 Expert Panel Validation 83 Data Definition 83 Oil and Gas Reserves 83 Units of Measure 84 About GlobalData 84 Disclosure 84 Disclaimer 84

List of Tables Table 1: Greenfields Petroleum Corporation, Key Facts 7 Table 2: Greenfields Petroleum Corporation, Share Price Performance, Q1, 2015-Q1, 2016 8 Table 3: Greenfields Petroleum Corporation, Key Valuation Metrics, Q1, 2015-Q1, 2016 9 Table 4: Greenfields Petroleum Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Table 5: Greenfields Petroleum Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 11 Table 6: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 12 Table 7: Greenfields Petroleum Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 13 Table 8: Greenfields Petroleum Corporation, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 14 Table 9: Greenfields Petroleum Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 15 Table 10: Greenfields Petroleum Corporation, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 16 Table 11: Greenfields Petroleum Corporation, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 17 Table 12: Greenfields Petroleum Corporation, Share Price Performance, 2011-2015 18 Table 13: Greenfields Petroleum Corporation, Key Valuation Metrics, 2011-2015 19 Table 14: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 21 Table 15: Greenfields Petroleum Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 23 Table 16: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 24 Table 17: Greenfields Petroleum Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 25 Table 18: Greenfields Petroleum Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 27 Table 19: Greenfields Petroleum Corporation, Crude Oil Reserve Changes, mmbbl, 2011-2015 28 Table 20: Greenfields Petroleum Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 29 Table 21: Greenfields Petroleum Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 31 Table 22: Greenfields Petroleum Corporation, Natural Gas Reserve Changes, bcf, 2011-2015 32 Table 23: Greenfields Petroleum Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 33 Table 24: Greenfields Petroleum Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 35 Table 25: Greenfields Petroleum Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 36 Table 26: Greenfields Petroleum Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 37 Table 27: Greenfields Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 39 Table 28: Greenfields Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 40 Table 29: Greenfields Petroleum Corporation, Oil and Gas Production Replacement Ratio, %, 2011-2015 42 Table 30: Greenfields Petroleum Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 46 Table 31: Greenfields Petroleum Corporation, Revenue and Expenses, US$ mil, 2011-2015 47 Table 32: Greenfields Petroleum Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 48 Table 33: Greenfields Petroleum Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 49 Table 34: Greenfields Petroleum Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 51 Table 35: Greenfields Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 52 Table 36: Greenfields Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 54 Table 37: Greenfields Petroleum Corporation, Producible Oil and Gas Wells, 2011-2015 55 Table 38: Greenfields Petroleum Corporation, Producible Oil and Gas Wells, By Country/Region, 2011-2015 59 Table 39: Greenfields Petroleum Corporation, Exploratory and Developed Wells, 2011-2015 60 List of Figures Figure 1: Greenfields Petroleum Corporation, Share Price Performance, CAD/Share, Q1, 2015-Q1, 2016 8 Figure 2: Greenfields Petroleum Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 9 Figure 3: Greenfields Petroleum Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Figure 4: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 12 Figure 5: Greenfields Petroleum Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 13 Figure 6: Greenfields Petroleum Corporation, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 14 Figure 7: Greenfields Petroleum Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 15 Figure 8: Greenfields Petroleum Corporation, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 16 Figure 9: Greenfields Petroleum Corporation, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 17 Figure 10: Greenfields Petroleum Corporation, Share Price Performance, CAD/Share, 2011-2015 18 Figure 11: Greenfields Petroleum Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 19 Figure 12: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 20 Figure 13: Greenfields Petroleum Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 22 Figure 14: Greenfields Petroleum Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 22 Figure 15: Greenfields Petroleum Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 24 Figure 16: Greenfields Petroleum Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 25 Figure 17: Greenfields Petroleum Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 26 Figure 18: Greenfields Petroleum Corporation, Oil Production, By Country/Region, mmbbl, 2011-2015 26 Figure 19: Greenfields Petroleum Corporation, Crude Oil Reserve Changes, mmbbl, 2015 28 Figure 20: Greenfields Petroleum Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 29 Figure 21: Greenfields Petroleum Corporation, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 30 Figure 22: Greenfields Petroleum Corporation, Gas Production, By Country/Region, bcf, 2011-2015 30 Figure 23: Greenfields Petroleum Corporation, Natural Gas Reserve Changes, bcf, 2015 32 Figure 24: Greenfields Petroleum Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 33 Figure 25: Greenfields Petroleum Corporation, Gas Reserve Life Index, By Country/Region, Years, 2011-2015 34 Figure 26: Greenfields Petroleum Corporation, Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 34 Figure 27: Greenfields Petroleum Corporation, Oil Reserve Life Index, By Country/Region, Years, 2011-2015 35 Figure 28: Greenfields Petroleum Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 36 Figure 29: Greenfields Petroleum Corporation, Development Costs, By Country/Region, US$ mil, 2011-2015 37 Figure 30: Greenfields Petroleum Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 38 Figure 31: Greenfields Petroleum Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 41 Figure 32: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 43 Figure 33: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 43 Figure 34: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 44 Figure 35: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 44 Figure 36: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 45 Figure 37: Greenfields Petroleum Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 45 Figure 38: Greenfields Petroleum Corporation, Revenue and Expenses, US$ mil, 2011-2015 47 Figure 39: Greenfields Petroleum Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 48 Figure 40: Greenfields Petroleum Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 49 Figure 41: Greenfields Petroleum Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 50 Figure 42: Greenfields Petroleum Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 50 Figure 43: Greenfields Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 52 Figure 44: Greenfields Petroleum Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 53 Figure 45: Greenfields Petroleum Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 53 Figure 46: Greenfields Petroleum Corporation, Producible Oil and Gas Wells, 2011-2015 55 Figure 47: Greenfields Petroleum Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 56 Figure 48: Greenfields Petroleum Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 56 Figure 49: Greenfields Petroleum Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 57 Figure 50: Greenfields Petroleum Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 57 Figure 51: Greenfields Petroleum Corporation, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 58 Figure 52: Greenfields Petroleum Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 58 Figure 53: Greenfields Petroleum Corporation, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 59 Figure 54: Greenfields Petroleum Corporation, Exploratory and Developed Wells, 2011-2015 60