Exploration licences

	PERMITS	ASSIGNEMENT DATE	ACREAGE (sq.km)	HOLDERS (first position operator )	POPARTICIPATION RATE(%)	VALIDITY PERIOD	EXPIRE DATE
1	KAIROUAN NORD	10/07/1984	3172	KUFPEC ETAP CNPCI (Tunisia LTD)	22.5000 55.0000 22.5000	4^th Renewal	09/07/2010
2	MAKTHAR	18/02/1985	3828	H.T.C. ETAP	45.0000 55.0000	3^nd Renewal	10/07/2012
3	AMILCAR	23/12/1988	1016	BGT LTD ETAP	50.0000 50.0000	4^th Renewal	22/12/2011
4	7 NOVEMBRE	11/04/1989	3055	Canadian Superior JOINT OIL	100.0000	Initial Period	10/04/2039
5	ZARAT	25/09/1990	724	PA RESOURCES ETAP	45.0000 55.0000	3^rd Renewal	24/07/2012
6	BORJ EL KHADRA	14/12/1990	2864	ENI Tunisia BV ETAP PIONEER ENI BEK BV Talisman Expro Ltd.	12.5000 50.0000 20.0000 12.5000 05.0000	3^rd Renewal	13/06/2011
7	GROMBALIA	18/06/1991	2792	EXXOIL ETAP	50.0000 50.0000	4^nd Renewal	17/06/2011
8	ANAGUID	09/06/1992	3804	PIONEER ETAP MEDCO	30.0000 50.0000 20.0000	3^nd Renewal	08/06/2012
9	LES OASIS	29/10/1993	332	HBS ETAP	100.0000(PSC)	1^st Renewal	28/04/2011
10	NORD MEDENINE	29/10/1993	2992	HBS ETAP	100.0000(PSC)	1^st Renewal	28/04/2011
11	MEDJERDA	07/12/1993	3896	RANGE Petroleum Ltd. MALTA OIL CARTHAGO ETAP	100.0000(PSC)	2^ndRenewal	06/12/2010
12	RAS MARMOUR	04/01/1994	1564	EXXOIL ETAP Circle Oil	34.6500 55.0000 10.3500	2^rd Renewal	03/01/2012
13	JENEIN NORD	22/10/1996	484	PIONNEER ETAP	50.0000 50.0000	2^nd Renewal	19/07/2012
14	JORF	06/02/1998	3768	RIGO OIL COMP. Ltd ETAP	50.0000 50.0000	2^nd Renewal	05/08/2011
15	KERKOUANE	23/08/2000	3848	Alpine Oil & Gas ETAP	100.0000(PSC)	Initial Period	22/02/2011
16	EL HAMRA	28/10/2001	3972	PIONEER ETAP Talisman Expro Ltd.	25.0000 50.0000 25.0000	Initial Period	27/04/2011
17	NORD DES CHOTTS	28/11/2003	4868	ETAP NYMHYD	70.0000 30.0000	Initial Period	27/11/2010
18	JELMA	27/11/2003	7216	HTC ETAP TOPIC	35.0000 50.0000 15.0000	Initial Period	26/11/2010
19	JENEIN SUD	20/04/04	1992	OMV ETAP	50.0000 50.0000	1^stRenewal	19/04/2012
20	KSAR HADDADA	20/04/2004	5608	PETROCELTIC IRKH DERWENT GAIA srl ETAP	100.0000(PSC)	1^stRenewal	19/04/2011
21	EL JEM	03/06/2005	4224	THANI Tunisia El Jem B.V. ETAP	100.0000(PSC)	1^stRenewal	02/06/2013
22	HAMMAMET OFFSHORE	23/09/2005	4676	STORM Ventures I. ETAP	100.0000(PSC)	Initial Period	22/09/2010
23	SUD REMADA	23/09/2005	4748	STORM Ventures I.I. ETAP	100.0000(PSC)	Initial Period	22/09/2010
24	BORJ EL KHADRA SUD	04/11/2005	2096	VOYAGEUR OIL & GAS ETAP	45.0000 55.000	Initial Period	03/11/2010
25	SFAX OFFSHORE	09/12/2005	3946	APEX EUROGAS DELTA ETAP	100.0000(PSC)	Initial Period	08/12/2011
26	FAWAR	04/04/2006	3032	FAPCO Ltd. ETAP	100.0000(PSC)	Initial Period	03/04/2011
27	MEZZOUNA	04/04/2005	4508	FAPCO Ltd. ETAP	100.0000(PSC)	Initial Period	03/04/2011
28	CHAAL	26/05/2006	1200	FALCAN MUTSUBICHI SMIP ETAP	100.0000(PSC)	Initial Period	25/05/2010
29	BAZMA	28/07/2005	1616	RIGO OIL COMP. Ltd ETAP	100.0000(PSC)	1^stRenewal	27/07/2011
30	REMADA	04/05/2007	3796	MEDEX ETAP	50.0000 50.0000	Initial Period	03/05/2012
31	ZAAFRANE	04/05/2007	5168	MEDEX ETAP	50.0000 50.0000	Initial Period	03/05/2012
32	EL FAHS	22/05/2007	3116	LARSEN DOVE Energy SUPEX Ltd. ETAP	35.0000 10.0000 5.0000 50.0000	Initial Period	21/11/2010
33	SUD TOZEUR	13/05/2007	4380	RIGO OIL COMPANY Ltd. ETAP	100.0000(PSC)	Initial Period	12/05/2011
34	TAJOUEROUINE	06/05/2008	4852	OIL SEARCH COMPANY Ltd. ETAP	100.0000(PSC)	Initial Period	12/05/2012
35	LE KEF	13/05/2008	2836	PRIMOIL OIL SEARCH ETAP	25.0000 25.0000 50.0000	Initial Period	12/05/2012
36	TANIT	13/05/2008	1540	PVEP VIETSOPETRO ETAP	100.0000(PSC)	Initial Period	12/05/2011
37	NABEUL	24/01/2008	3352	CAPRICORN ETAP	50.0000 50.0000	Initial Period	23/08/2012
38	KABOUDIA	09/06/2007	3880	NUMHYD ETAP	100.0000(PSC)	Initial Period	08/06/2012
39	LOUZA	23/09/2007	4064	Med OIL ETAP	100.0000(PSC)	Initial Period	22/09/2010
40	BARGOU	18/04/2008	4616	COOPER Energy ETAP	100.0000(PSC)	Initial Period	17/04/2013
41	SIDI MANSOUR	24/01/2006	6592	OMV THANI TUNISIA SIDI MANSOUR BV ETAP	100.0000(PSC)	Initial Period	23/01/2012
42	BOUHAJLA	11/09/2009	416	DUALEX ETAP	100.0000(PSC)	Initial Period	UNDER PUBLICATION
43	CHORBANE	13/07/2001	2428	ALPINE OIL & GAS ETAP	100.0000(PSC)	Prospecting Permit	12/07/2010
44	JENEIN CENTRE	16/10/2007	312	STORM VENTURES INT. ETAP	100.000(PSC)	Initial Period	UNDER PUBLICATION
45	MAHDIA	20/07/2007	3780	TETHYS OIL AND MINERALS ETAP	100.000(PSC)	Initial Period	UNDER PUBLICATION
A	CHEBBA MARIN	26/07/1996	6512	CABRE ETAP	50.0000 50.0000	Prospecting Permit	25/07/2000
B	TOZEUR	24/01/2008	4908	THANI TUNISIA TOZEUR BV ETAP	100.0000(PSC)	Prospecting Permit	UNDER SIGNATURE
C	METOUIA	23/10/2007	5140	SHELL ETAP	50.0000 50.0000	Prospecting Permit	22/10/2009
D	DOULEB OUEST	04/04/2008	224	TOPIC ETAP	50.0000 50.0000	Prospecting Permit	03/04/2010
E	GUELLA	25/04/2008	2436	PVEP VIETSOVPETRO ETAP	100.000(PSC)	Prospecting Permit	24/04/2010
F	KONDAR	15/08/2008	972	TIMGAD ETAP	50.0000 50.0000	Prospecting Permit	14/08/2010
G	NORD ANAGUID	21/01/2008	704	GB PETROLEUM ETAP	100.000(PSC)	Prospecting Permit	20/10/2010
H	KASSERINE	12/05/2009	5108	POROS ETAP	50.0000 50.0000	Prospecting Permit	Under Publication
I	TELEMZANE	12/05/2009	5380	POROS ETAP	50.0000 50.0000	Prospecting Permit	Under Publication
J	RAF RAF	08/04/2010	2160	SHELL ETAP	50.0000 50.0000	Prospecting Permit	TWO YEARS
K	AZMOUR	08/04/2010	3416	SHELL ETAP	50.0000 50.0000	Prospecting Permit	TWO YEARS

KUFPEC

7 NOVEMBRE

PA RESOURCES

BORJ EL

ENI Tunisia BV

EXXOIL

ANAGUID

PIONEER

LES OASIS

HBS

HBS

RANGE Petroleum Ltd.

MALTA OIL

CARTHAGO

ETAP

EXXOIL

ETAP

RIGO OIL COMP. Ltd

Alpine Oil & Gas

PIONEER

JELMA

HTC

JENEIN SUD

OMV

KSAR HADDADA

EL JEM

STORM Ventures I.

STORM Ventures I.I.

ETAP

VOYAGEUR OIL & GAS

APEX

EUROGAS

FAPCO Ltd.

FAPCO Ltd.

FALCAN

RIGO OIL COMP. Ltd

MEDEX

RIGO OIL COMPANY Ltd.

OIL SEARCH COMPANY Ltd.

ALPINE OIL & GAS

CABRE

NB: PSC (PRODUCTION SHARING CONTRACT)

Up to date 16/04/2010