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Prospect

Operator

Estimated spud

Gross *

RGT%

RGT net**

Oil/Gas

AGC Profond ***

Ophir Energy

Q1

450

25

113

Oil

PL 535 - Norvarg

Total

Q2

270

20

54

Oil/Gas

PL 416 - Breiflabb

E.ON Ruhrgas

Q2/Q3

170

35

60

Oil

PL 530 - Heilo

GDF Suez

Q3

200

20

40

Oil

PL 559 ****

Rocksource

Q4

t.b.a.

60

~100

Oil

High potential drilling campaign firmed up for 2011

Current sanctioned 2011 program

Internal Rocksource estimates. Average CoS +50%

  • *

    Approximately mmboe mean recoverable

** Rocksource volumes in success case *** 25 per cent working interest assumes Rocksource participation in two wells **** Final prospect decision ill be made in Q1 2011

24

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