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MENA 2010 Exploration Summary

Le Kef

Taj. + Le Kef 600km

Tajerouine

K42

Shakal 50km

K42 200km

Shakal

Dubai Office

Well Types

Al Meashar - oil discovery

Commitment Future Commitment Discretionary

Prospect/Lead (POS%)

Mean Oil Gross (mmstb) Mean Gas Gross (bscf)

Seismic

Commitment Discretionary

Jebel Milh (17%) 28 mmstb

Sana’a Office

Tubb’a – Gas Condensate discovery

Block 3/7 well, late 2010

Block 7 Block 3

Block 3 & 7

400km

Permit 2D(distance)/3D(area)

33

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