Block 2 (11,099 square kilometres), Tanzania: We have fulfilled the seismic commitment in the current exploration phase in this block. In order to mature the block further, a 1,600 square kilometre 3D survey was carried out between December 2009 and March 2010. In March 2010, we farmed down 35% of our equity to ExxonMobil. We are the operator of the block and have a 65% interest. A well is planned to be drilled in late 2011 or early 2012.

Area 2&5 (8,041 square kilometres), Mozambique: Statoil is the operator with a 90% interest in the licence, which consists of two blocks under one licence agreement. The state oil company Empresa Nacional de Hidrocarbonetos (ENH) is the partner with a 10% interest. We are currently in the second exploration period and have fulfilled our 3D seismic commitment. A 1,300 square kilometer 3D survey was carried out between March and June 2010, and interpretation is ongoing. In accordance with the production sharing contract (PSC), we relinquished some of the area on 1 December, 2010. The decision to extend the licence and commit to drilling a well will be made by 1 June 2011.