Iran boosts natural gas production at South Pars with $11 billion expansion. Gas Tank Explosion in South LA Creates Giant Smoke Cloud, Panic

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1 Prior Day s NYMEX Mar-19 Contract (CT) 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 NYMEX NG Futures 14: Apr (.6) May (.58) Jun (.53) Jul (.48) Aug (.45) Sep (.43) Oct (.42) Nov (.38) Dec (.29) Jan (.24) Feb (.24) Mar (.19) Apr (.15) May (.14) Jun (.13) Jul (.11) Aug (.11) Sep (.12) Oct (.13) Nov (.12) Dec (.11) Jan (.11) Feb (.8) Mar (.11) 1YR Strip (.4) (.46) 5YR Strip (.11) I N T H E N E W S Iran boosts natural gas production at South Pars with $11 billion expansion S&P Global reported: Iran completed an $11 billion expansion of the giant South Pars, part of the world's largest natural gas field, boosting output by more than 1 million cubic meters a day with President Hassan and oil minister Bijan Zanganeh attending opening ceremonies on Sunday. Four phases Iran boosts natural gas production at South Pars with $11 billion expansion Gas Tank Explosion in South LA Creates Giant Smoke Cloud, Panic launched Sunday in the offshore gas field in the Persian Gulf will increase production by 112 million cm/d and be used for domestic consumption, according to the oil ministry's news service Shana. That will add to existing South Pars output of 61 million cm/ d, and a domestic total of 841 million cm/d. Qatar shares the gas field with Iran and now Iran has taken over for Qatar as the world's largest producer of natural gas, Zanganeh told reporters Saturday night, according to Shana. For more on this story visit spglobal.com or click Gas Tank Explosion in South LA Creates Giant Smoke Cloud, Panic NBC Southern California reported: Two people were injured in an explosion caused by a gasoline leak in South Los Angeles Sunday morning, the Los Angeles Fire Department said. At around 7:45 a.m. a 9,-gallon tanker that was leaking gasoline caught fire and exploded, and two people were injured, along with a home burning down, the LAFD said. Two women were hospitalized. One of the victims suffered serious burns, the department said. "It was a massive explosion," said Joseph Casillas, who said he saw flames rising from the sewers following the blast. "You could see the fire, it was like a tornado 1-feet high." The fire caused pressure underground that displaced several manhole covers, which initially led to reports that the explosion was the result of a natural gas leak, authorities said. A hazardous materials squad was on scene to assist in preventing the gasoline from reaching the ocean and an arson team is investigating, the department said. For more on this story visit nbclosangeles.com or click M O N T H C A N D L E S T I C K ( W E E K L Y ) Prompt Natural Gas (NG) Daily Sentiment BEARISH RESISTANCE 2.84 & 2.89 SUPPORT 2.78 & 2.75 Trading Summary NATURAL GAS Futures Close Change NG (.6) Volume 213,897 (115,793) Open Int. 1,192,213 (5,989) CRUDE AND GASOLINE Futures Close Change Crude (.9) RBOB Crude/NG METALS Futures Close Change Gold 1,31.8 (4.5) EQUITIES Exchange Close Change DOW 25,84.88 (7.99) S&P 5-1, CURRENCY Currency Close Change EUR/USD USD/CND (.8) Contact Us Mansfield Energy Corp 125 Airport Pkwy Gainesville, GA info@mansfieldoil.com Phone: (8) Mansfield Energy Corp. All rights reserved.

2 W E E K L Y G A S I N U N D E R G R O U N D S T O R A G E W I T H 5 - Y R R A N G E Release Date: November 3, 218 T O D A Y S P R E C I P I T A T I O N Rig Count Report Date: March 1, 219 Total Change US - 1,38 (9) CN (1) EIA Weekly NG Storage Actual and Surveys for March 15, 219 Released March 14, 219 Range +219 to +198 PIRA (211) PointLogic (21) Citi Futures (219) EIA ACTUAL (24) Total Working Gas In Storage 1,186 BCF (24) BCF (LAST WEEK) (359) BCF (LAST YEAR) (569) BCF (5-YR AVG) 2 4 H O U R P R E C I P I T A T I O N U.S. Natural Gas Supply Gas Week 3/7 3/13 Average daily values (BCF/D): Last Year (BCF/d) Dry Production Total Supply Last Week (BCF/d) Dry Production Total Supply [NEXT REPORT ON Mar 22] U.S. Natural Gas Demand Gas Week 3/7 3/13 Average daily values (BCF/D): Last Year (BCF/d) Power Total Demand Last Week (BCF/d) Power Total Demand [NEXT REPORT ON Mar 22] Page 2

3 N A T U R A L G A S B A S I S F U T U R E S, H E N R Y H U B S P O T P R I C E S, A N D F O R W A R D C U R V E Sumas Basis (platts Iferc) NYMEX WTI Delivery Month Average ($/bbl) (Excluding Weekends and Holidays) Michcon Basis (platts Iferc) San Juan Basis (platts Iferc) Transco Zone 6 Basis (platts Iferc) Waha Basis (platts Iferc) Henry Hub Daily Spot Price Transco Zone 4 Basis (platts Iferc) Month: CME NG Option Prices ATM Call CME NG Option Prices ATM Put March 219 Day Price Day Price Average (Mar) (through 3/15/219) Average (Feb) Average (Jan) MAR 219 FEB 219 JAN NYMEX Natural Gas Forward Curve 9/1/219 7/1/22 1 5/1/221 3/1/222 8/1/222 1/1/223 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 3/1/227 8/1/227 Month Strike Close Imp Vol May-19 Jun Jul-19 Aug-19 Sep-19 May-19 Jun Jul-19 Aug-19 Sep-19 Page 3

4 W E A T H E R H I G H / L O W T E M P E R A T U R E T O M O R R O W HIGH Temperature LOW Temperature W E A T H E R 6 T O 1 D A Y O U T L O O K N O A A Temperature Precipitation W E A T H E R 8 T O 1 4 D A Y O U T L O O K N O A A Temperature Precipitation Page 4

5 1 5/1/219 7/1/219 9/1/219 11/1/219 1/1/22 3/1/22 5/1/22 7/1/22 1 5/1/219 7/1/219 9/1/219 11/1/219 1/1/22 3/1/22 5/1/22 7/1/22 E T H A N E F U T U R E S, N G / E T H A N E R A T I O, P R O P A N E F U T U R E S, A N D T H E F R A C S P R E A D CME Future Prices Ethane Futures Ethane / Natural Gas Ratio (cents/gallon) Apr (.6) May (.12) Jun (.12) Jul (.12) Aug (.11) Sep (.11) Oct (.1) Nov (.9) Dec (.9) Jan (.8) Feb (.8) Mar (.9) Propane Futures Frac Spread 1YR Strip.279 (.1) CME Future Prices Propane (C3) Non-LDH Mont Belvieu (cents/gallon) Apr (.4) May (.8) Jun (.8) Jul (.7) Aug (.6) Sep (.7) Oct (.7) Nov (.6) Dec (.6) Jan (.6) Feb (.6) Mar (.6) 1YR Strip.697 (.6) Page 5

6 Prompt WTI (CL) Crude Daily Sentiment BULLISH RESISTANCE 59.7 & SUPPORT & FOLLOW US ON TWITTER: NYMEX Brent (BZ) B R E N T C R U D E F O R W A R D C U R V E W T I C R U D E F O R W A R D C U R V E /1/219 9/1/219 9/1/219 1/1/22 5/1/22 7/1/22 9/1/22 1 1/1/221 5/1/221 9/1/221 W T I B R E N T S P R E A D 1/1/222 5/1/222 9/1/222 1/1/223 5/1/223 9/1/223 1/1/224 5/1/224 9/1/224 1/1/225 5/1/225 5/1/221 3/1/222 8/1/222 5/1/219 9/1/219 1/1/22 5/1/22 9/1/22 1/1/221 5/1/221 9/1/221 1/1/222 5/1/222 9/1/222 1/1/223 1/1/223 5/1/223 9/1/223 1/1/224 5/1/224 9/1/224 1/1/225 Apr (.9) May (.9) Jun (.9) Jul (.1) Aug (.9) Sep (.8) Oct (.8) Nov (.9) Dec (.1) Jan (.8) Feb (.7) Mar (.6) Apr (.5) May (.3) Jun (.3) Jul (.1) Aug Sep Oct Nov Dec Jan Feb Mar YR Strip (.9) (.9) 5YR Strip (1) (2) (3) (4) (5) (6) (7) (8) (9) (1) (11) (12) 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 9/1/225 3/1/227 1/1/226 8/1/227 FRAC Spread Specifications Ethane : 42% Propane: 28% Butane: 11% 66,5 btu/g 9,83 btu/g 12,916 btu/g Iso-Butane: 6% 98,935 btu/g Natural Gasoline: 13% 115,21 btu/g Prompt NGL Futures Apr-19 Butane Iso-Butane Nat Gasoline Close Change.789 (.5) NYMEX WTI (CL) Futures May (.7) Jun (.9) Jul (.1) Aug (.13) Sep (.14) Oct (.15) Nov (.17) Dec (.18) Jan (.19) Feb (.18) Mar (.17) Apr (.17) May (.16) Jun (.15) Jul (.15) Aug (.14) Sep (.14) Oct (.14) Nov (.13) Dec (.14) Jan (.13) Feb (.13) Mar (.12) Apr (.12) 1YR Strip (.15) (.13) 5YR Strip (.1) Page 6