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Afren

News & Media

Completion of appraisal drilling on the Okoro field, offshore Nigeria

14/12/2006


December 14, 2006 - AMNI International Petroleum Development Company Limited ("AMNI") and Afren plc ("Afren" or "the Company") announce the successful completion of appraisal drilling on the Okoro field offshore Nigeria

Afren announces a Gulf of Guinea Gas Monetization Strategy

7/12/2006


London, 7 December 2006 - Afren plc ("Afren" or "the Company") is pleased to announce that African Gas Development Corporation ("Afgas") and Sociedad Nacional de Gas, GE. ("Sonagas") yesterday announced the signature of an exclusive joint venture agreement ("JV") to monetize gas supplies from Nigeria, Cameroon and Equatorial Guinea through infrastructure and facilities in Equatorial Guinea. Afren has the first right of refusal to supply upstream gas to the JV.

Drilling update on Okoro-3 appraisal well, offshore Nigeria

23/11/2006


London, 23 November 2006 - AMNI International Petroleum Development Company Limited ("AMNI") and Afren plc ("Afren" or "the Company") announce the successful results of the Okoro-3 well offshore Nigeria.

Heads of Agreement reached on acquisition in Angola and completion of acquisition of Heritage Congo Limited

22/11/2006


London, 22nd November 2006 - Afren plc ("Afren" or "the Company") is pleased to announce it has signed Heads of Agreement with Gulf Energy Resources ("GER") for the acquisition of a five percent stake in the highly prospective onshore Cabinda Central Licence Block B ("Angola acquisition") and completion of the acquisition of Heritage Congo Limited announced in June 2006.

Establishment of International Advisory Board and other Corporate changes

7/11/2006


Further to the announcement of 2nd November 2006 relating to the appointment of Dr Rilwanu Lukman as non-Executive Chairman, Afren plc ("Afren" or "the Company") announces further corporate changes designed to strengthen its pan African presence and position Afren for its next phase of growth in the upstream African Oil & Gas sector.

Appointment of Dr Rilwanu Lukman as Non-Executive Chairman

2/11/2006


Afren plc ("Afren" or "the Company") announces the appointment of Dr Rilwanu Lukman as non-Executive Chairman.

Drilling Starts on Okoro Field, OML 112, Offshore Nigeria

18/10/2006


London, 18 October, 2006 - AMNI International Petroleum Development Company Limited ("AMNI") and Afren plc ("Afren" or "the Company") announce that drilling of the Okoro-3 appraisal well on OML 112, offshore Nigeria, has commenced.

Afren announces 2006 Interim Results

20/9/2006


Nigerian Rig Contract and Okoro/Setu Project Update

20/9/2006


Afren plc ("Afren" or "the Company") announces that its Nigerian subsidiary Afren Energy Resources Limited ("AER") has signed a drilling contract for the Global Santa Fe Adriatic VI Jack-up drilling rig to carry out development drilling on the Okoro / Setu fields offshore Nigeria.

Upsizing of Convertible Bond Issue by US$25 million to US$75 million

17/7/2006


London, July 17, 2006 - Afren plc ("Afren" or the "Company") is pleased to announce that it has upsized the previously announced private placement by US$25 million to US$75 million equivalent in British Pounds of Convertible Senior Unsecured Bonds due 2011 (the "Bonds").

US$50 million Convertible Bond Issue

4/7/2006


London, July 04, 2006 - Afren plc ("Afren" or the "Company") announces the closing of the private placement of US$50 million equivalent in British Pounds of Convertible Senior Unsecured Bonds due 2011 (the "Bonds").

Shareholding in the Company

30/6/2006


The Company was notified on 30 June 2006 that, as at close of business on 22 June 2006, Lehman Brothers International (Europe) had an interest in 28,228,246 Ordinary Shares of 1p each ("Ordinary Shares") in the Company, representing 14.84% of the total issued share capital of the Company.

Annual General Meeting

29/6/2006


Acquisition of Heritage Oil Corporation's interests in the Republic of Congo

7/6/2006


London, United Kingdom - 7 June 2006: Afren PLC ("Afren" or "The Company"), announces it has entered into an agreement with Heritage Oil Corporation ("Heritage") to acquire the entire issued share capital of Heritage Congo Limited, which holds Heritage's interests in the Republic of Congo (Brazzaville).

Afren signs agreement for the development of the Okoro and Setu Fields in OML 112, offshore Nigeria and agrees a US$50 million financing facility

1/6/2006


Afren PLC ("Afren"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, announces the signature of a Financing and Production Sharing and Technical Services Agreement with Amni International Petroleum Development Company Limited ("Amni") for participation in the development of the Okoro Field ("Okoro") and Setu Field ("Setu"), offshore Nigeria.

Obo-1 Discovery in Block 1 of the Nigeria São Tomé and Príncipe Joint Development Zone Confirmed

30/5/2006


Afren (AIM:AFR), the oil and gas company focused on establishing itself as the premier pan-African independent exploration and production company, announces that Chevron, the Operator of Block 1 of the Nigeria São Tomé and Príncipe Joint Development Zone ("JDZ"), has confirmed that it has discovered hydrocarbons in the Obo-1 well, which is the first exploration well in this area.

Nigerian Rig Contract and Appointment of Drilling Manager

29/3/2006


Afren (AIM: AFR), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, is pleased to announce that its Nigerian subsidiary Afren Energy Resources ("AER") has signed a drilling contract to contract the Seadrill-7 Jack-up drilling unit for two wells offshore Nigeria in 2006. The Company also announces the appointment of a new Drilling Manager.

Afren PLC - Response to Media Speculation

27/3/2006


Afren (AIM:AFR) notes recent media speculation regarding the drilling of the Obo-1 well in Block 1 of the Nigeria Sao Tome and Principe Joint Development Zone ("JDZ"). On 23 January 2006, Afren announced that Chevron, the Operator of Block 1 had confirmed that it had commenced drilling of the first exploration well on this license on 14 January 2006 and that it should be completed in approximately 60 days. Initial drilling of the well has been completed and the results are currently being evaluated. The results of this well will not be known until the Operator has completed its evaluation and authorised the release of further information.

Notification of Date of Preliminary 2005 Results

24/3/2006


Afren plc (AIM:AFR), the oil and gas company focused on establishing itself as the premier pan-African independent exploration and production company, announces that it intends to release preliminary results for the year ended 31 December 2005 on Thursday 30 March 2006.

Drilling update

24/3/2006


Afren (AIM:AFR), the oil and gas company focused on establishing itself as the premier pan-African independent exploration and production company, announces that Chevron, the Operator of Block 1 of the Nigeria - São Tomé and Príncipe Joint Development Zone ("JDZ"), has confirmed that it has commenced drilling of the first exploration well on this licence on 14 th January 2006.