In 2008 we acquired 2297 square kilometres of 3D seismic data over the Karama PSC and have fulfilled our seismic work obligation.

Within the Kuma PSC, 1044 square kilometres of 3D seismic data have been acquired. A contract for use of the drillship Global Santa Fe Explorer was signed by a consortium of six oil companies including StatoilHydro in 2008.

The contract is for two years with a one year extension option. The three commitment wells in the Karama PSC will be drilled in 2011, while the Kuma well is expected to be drilled in late 2010 or early 2011. Drilling preparations will be initiated for all operated and non-operated wells.

A two year extension of the Memorandum of Understanding (MOU) with Pertamina was signed in October 2008.