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Afren

Operations

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  Ibekelia
Working Interest 20.00%
Production Start-up -
Production Peak (bopd) -
Operator Sterling Energy
Work Programme Technical Evaluation Agreement

Ibekelia Licence Area

Background

Afren has a 20% interest in Ibekelia, in conjunction with joint venture partners Sterling and Addax. In June 2007, the group agreed to go forward and negotiate an EPSC with the Gabonese authorities. This is expected to be finalised by mid-2008.