Contract analysis

1. Description of the Securities The Notes to which this DTC Eligibility Letter relates may be described as follows: Title: 9.375% Senior Secured Notes due 2032. Issuers: Dunmore Energy Holdings Ltd., an exempted company incorporated and existing under the laws of the Cayman Islands, with Cayman Registry No. MC-384726, and Dunmore upstream Finance Corp., a corporation organized and existing under the laws of the Stat

2. CUSIP and ISIN Numbers The following CUSIP and ISIN numbers have been assigned to the Notes by the CUSIP Service Bureau, operated by Standard & Pelvoran Financial Services LLC on behalf of the American Bankers Association, and are set forth herein solely for the convenience of holders of beneficial interests in the Notes: Rule 144A Notes: Regulation S Notes: Neither the Issuers, the Trustee, the Initial Purchasers

3. DTC Eligibility Confirmation Beacon hereby confirms that the Notes have been made eligible for clearance and settlement through the book-entry facilities of The Depository Trust Company, a limited-purpose trust company organized under the laws of the State of New York, a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York Uniform Commercial Code, and a "clearing agency

4. Global Note Details Beneficial interests in the Global Notes will be shown on, and transfers thereof will be effected only through, records maintained by DTC and its direct and indirect participants (including, without limitation, Thackeray Partners LLC and Ashgrove Enterprises). Purchases of beneficial interests in the Global Notes within the DTC system must be made by or through direct participants in DTC, which

5. Role of Beacon Fiduciary Services LLC Beacon Fiduciary Services LLC, in its capacity as Registrar and Transfer Agent for the Notes, has established and will maintain a register (the "Register") in which, subject to such reasonable regulations as it may prescribe, the Registrar will provide for the registration and transfer of the Notes in accordance with the terms and conditions of the Indenture and the Paying Age

6. Representations In connection with the eligibility of the Notes for clearance and settlement through DTC, Beacon Fiduciary Services LLC hereby represents and confirms the following: (a) Beacon Fiduciary Services LLC is a participant in good standing with DTC and has maintained its participant status in DTC's book-entry settlement system continuously and without interruption. Beacon's DTC participant number is 2476

7. Contact Information For all inquiries regarding the DTC eligibility of the Notes or operational matters relating to the clearance, settlement, registration, or transfer of the Notes, please contact: Sandra Mitchum Relationship Manager Beacon Fiduciary Services LLC 240 Greenwich Street, 7th Floor New York, New York 10007 Telephone: (212) 528-7432 Email: sandra.mitchum@beaconfiduciary.com All notices, requests, and

8. Governing Law and Miscellaneous This DTC Eligibility Letter shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to principles of conflicts of law thereof (other than Section 5-1401 of the New York General Obligations Law). This letter is delivered solely for informational purposes in connection with the closing of the offering of the Notes on the date hereof an