United Energy Group Limited provided production and capex guidance for the year 2014. The group average daily net production forecasted to be 45,800 to 47,900 boed, representing at least 29.0% increase compare to 2013 actual. Pakistan Assets' average daily net production forecasted to be 44,000 to 46,000 boed, representing at least 30.0% increase compare to 2013 actual.

Liaohe EOR Projects' average daily net production forecasted to be 1,800 to 1,900 boed, representing at least 10.0% increase compare to 2013 actual. Pakistan assets' lifting cost forecasted to be $5.0 to 5.3 per boe. Liaohe EOR Projects' lifting cost forecasted to be $33.0 to 37.0 per boe.

The group plans its net capex to be $325.0 to $345.0 million. Pakistan assets' net capex plans to be $310.0 to $327.0 million, of which approximately 60% will be spent on exploration activities. Liaohe EOR Projects' net capex plans to be $15.0 to $18.0 million, of which 100% will be spent on side-track wells and improve the coverage of fireflood application.