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EQUATORIAL GUINEA Current Activity Map

Ministry of Mines, Industry and Energy

8°E

9°E

10°E

NIGERIA

Relinquishment 2009 CAMEROON

1 Appraisal well Infill drilling 8 new wells

RIABA-1 TSAVARITA-2 TSAVARITA-1 TSAVARITA-1A 12A-9/1X12A-9/3X 12A-9/2X N.ALBA-1 12A-8/1X ZIRCONIA-1 ESTRELLA-1 SOUTH LUBA-1EAST LUBA-1 AMBAR-1 BOCOCO-1 ALBA-2 PERLA-1 IBIS-1 13B-1/2X 10A-1X LOS LOROS-1 APATITO-1 13B-1/1X TURMALINA-1 ESTAUROLITA-1 CORONA-1

A-12

Gazprom Neft sign PSC 2/07/10 GEPetrol 20%stake 3D acquired 2011

Block B

Zafiro Field

BERILO-1

00 10

9B-1X

B-11 B-12

Repsol Block C

Gazprom Block T

OREJA MARINA-1

DORADO-1

B-13 BONITO-1

B-14

Punta Europa

1 Appraisal Well - firm Alen field POD approved January 2011

B-15 C-15

Malabo

GEPetrol/ Noble Block O

New PSC signed February 2011

Block B

Mobil Block B

4°N

Alba Block

Marathon Blk D

OPALO EAST-1 EAST-2 SERPENTINA-1 AGATE-1 EKANGA-1OPALO-1 QI-100 CH 9A-1X QIT-1 ZAFIRO-01 QIM-1 RUBI-1 AMATISTA-1 TURQUESA-1 QI-EMB Marathon B JADE-1 Alba GARDENIA-1 DELTA-1 TOPACIO SOUTH-1 ESMERALDA-2 Block QIG-1 ESMERALDA-1 OSTRA-1 E.MALAQUITA-1 LANGOSTA-1 AZURITA CANYON-1

B-10

AZURITA-1

Alba Field Marathon

O-1

O-2

O-5

C-11

C-13

15 00

Aseng Field development

O-4

O-3

C-14

BIOKO

I-4 I-6

Luba Freeport I-1 I-2

500

D-9 ESTRELLA DE MAR-1

D-10

D-8 R-1

Atlas Block I

GEPetrol/ PetroSA Block Q Q-1A

1 Exploration well

R-3 R-2

GEPetrol/Ophir Block R

E-13

Starc Block X

F-12

F-13

F-14

G-12

G-13

G-14

E-12

E-11

E-10

Q-1A drilled 2010 3D seismic acquisition January 2011

1000

E-9

1 Exploration well 2011

I-3

Atlas Block J

I-5

HIPOCAMPO-1

3D Acquisition

2000

F-8

Plans for up to 5 Exploration wells being considered

Ophir relinquished eastern F-10 part of Block F-11 R 500

F-9

3°N

Block V Afex

1 Exploration Well 500

00 15

2000

00 10

Gazprom Neft

sign PSC 2/07/10 GEPetrol BlockGEPetrol P 20% stake

Open-offshore

H-12

Open-onshore

H-13

H-15

H-14

H-1

Atlas Block H

I-12

RIO MUNI-1

L-1

Venus Oil Discovery

Afex Exploration (EG) Ltd PSC ratified. I-13

L-2

I-14

I-15

Gazprom Block U

P-1

OL-1

P-4 P-2

P-3

2°N

EVIONDO-1

F-3

4D seismic

K-16 K-17

G-14 MATONDO-1

S-2 (Anduak-1)

2 Exploration wells 2010 Proposed 3D 2011

G-2

Ceiba HESS

RIO MUNI

BENITO-1

F-6

Principe

OL-2

J-16 J-17 F-5

J-15

K-14 K-15

Bata

F-1

F-4

J-14

EBANO-1 (F-2) AKOM-1 (G-7)G-4 ABANG-1 (G10 ST1) G10 OVENG-1 STG-6 OKUME-1 (G-5) OVENG-1 (G-6) ELON-1 (G-8) G-3 ELON-3G-16 ST1 HESS G-17 ELON-2 (G-9)

Okume

Mbini

OL-3

CEIBA-1

Tinhosa Pequena

CEIBA-2 CEIBA-6

N'DOTE-1

G-18

S-1 (Akeng-1)

Tinhosa Grande

0

5 10

20

30

40

Santa Isabel (CNPC) Block M

50 Kilometers

2°E

4°E

6°E

GEPetrol/CNOOC Block S

G-12

G-13 G-11

G-13-2 G-13-3 K-1

N-1

Development drilling, L-16 9 wells 4D seismic

8°E RIO MUNI-A1

Tinh osa Peq uena Tinh osa Grande

Mbini Refinery Proposed 20,000 bopd refinery. OL-4 awarded conceptual study KBR and management services OL-5 contract February 2011

K-2

500

PSC signed July 2010

Elobey Grande

1°N

Sao Tome 0°

Corisco

4°S

0

25 50

100

150

200

250 Kilometers

GEPetrol Block N 100 0

25 00

2°S

Vanco Corisco Deep Block K

1500

Annobon

N-2

Mbane

GABON

The Ministry of Mines, Industry and Energy

The Ministry of Mines, Industry and Energy

EQUATORIAL GUINEA

For further details please contact:

MINISTER OF MINES, INDUSTRY AND ENERGY H.E. MARCELINO OWONO EDU

MINISTER DELEGATE - MINES, INDUSTRY AND ENERGY H.E. GABRIEL NGUEMA LIMA

SECRETARY GENERAL OF MINES, INDUSTRY AND ENERGY ILTMO. D. MERCEDES EWORO MILAM

DIRECTOR GENERAL OF HYDROCARBONS ILTMO. D. VICENTE ABESO MBUY

Ministerio de Minas, Industria y Energia Carretera de Punta Europa, Malabo, República de Guinea Ecuatorial. Tel: +(240) 333 093549 Fax: +(240) 333 093353

Ministerio de Minas, Industria y Energia