Stock Overview Key Date: Public Offer Deadline: March 3, 2017 at 12:00 noon Estimated Pricing Date: March 3, 2017 Notice Application Results: March 9, 2017 Listing Date: March 10, 2017 Exclusive Sponsor: Changjiang Securities Finance (Hong Kong) Limited Statistical Digit Summary: Number of Shares Offered: 69,580,000 Hong Kong Shares Share Ratio: 10% Offer Price: HK$3.00 to HK$3.80 Estimated capital raised Price: HK$209 million to HK$264 million Admission fee per lot: HK$3,838.29 Group Overview The head office of the Group is in Alberta, Canada, and the Group began operations in 2005. It mainly engages in the exploration and production of natural gas and crude oil. Among them, natural gas is the Group's key business. The Group's main assets and operations are concentrated in three core regions in western Canada, including Alerta Foothills' liquefied natural gas minerals, Deep Basin Devonian natural gas minerals, and Peace River's light crude oil minerals. According to the GLJ report, on September 30, 2016, the Group held 77 drilling wells, of which 5 were certified and possible yield, 8 were potential resources and 64 future purchasable volumes; GLJ estimated that the Group held a total proven reserve of 12.1 million barrels of oil equivalent, total certified and probable reserves of 17.67 million barrels of oil equivalent. The best estimated total potential resources before risk was 10.4 million barrels of oil equivalent. Industry Overview According to BP Statistical Review of World Energy, Canadian oil production increased from 1.5 million barrels per day in 1970 at a compound annual growth rate of 2.5% to 4.4 million barrels per day in 2015; while oil consumption increased from 1.5 million barrels per day in 1970 to 2.3 million barrels per day at a compound annual growth rate of 1.0%. Furthermore, natural gas production in Canada rose from 57 billion cubic meters in 1970 to 163.5 billion cubic meters in 2015 at a compound annual growth rate of 2.4%, while Canadian natural gas consumption rose from 36 billion cubic meters in 1970, at a compound annual growth rate of 2.3%, to 102.5 billion cubic meters in 2015. Venture Group's revenue and operations are highly dependent on Canada's demand for natural gas and crude oil. The Group's earnings and operating results are dependent on current oil and gas prices that are unstable and may fluctuate. Should Canada's demand for natural gas or crude oil fall, it may adversely affect the Group's business operations and profits. Also, the Group's reserves and resource data, quantity and current value calculations are estimates only, and may differ from implementation results. The valuation is based on the prospectus documents, as of September 30, 2016, based on the calculation of 278 million shares expected to be issued immediately after the completion of the share sale, the net value range for shareholders' unreviewed consolidated tangible assets was $67.08 million to $76.23 million, equivalent to the net tangible assets range of HK$1.42 to HK$1.62 (calculated at HK$1.00 to HK$0.1693).