Sheikh Adi (80% working interest; Operator)
- The first preliminary evaluation for the Sheikh Adi block calculated by DGA with a range of 1.0 billion (P90) to 3.0 billion (P10) barrels of gross oil-in-place
- Sheikh Adi-1 exploration well reached TD at 3,800 metres with the gross pay interval of 2,790 metres, 35% increase on Shaikan-1
- Sheikh Adi-2 exploration well spudded on 23 May 2012 at a more optimal location selected after detailed analysis of the 3D seismic data
Akri-Bijeel (20% working interest)
- Bekhme-1 exploration well spudded, reached TD and was tested in December 2011. While no hydrocarbons flowed to surface, based on the Bekhme-1 log data, DGA calculated a significant range of 2.5 billion (P90) to 5.4 billion (P10) barrels of gross oil-in-place resources for the Aqra/Bekhme anticline
- Bijell-3 (Aqra-1) well spudded in January 2012 to appraise the Bijell discovery of 2.4 billion (P50) barrels of gross oil-in-place, as calculated by the operator of the block
- Bakrman-1 exploration well spudded in May 2012
- EWT for the Bijell discovery is planned for 2012
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