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Exploration

ODFJELL SEMISUB HAS signed a contract with one of Ophirs operating subsidiaries for the use of the dynamically positioned semi-submersible Deepsea Stavanger, on behalf of the Blocks 1, 3 and 4 joint ventures in Tanzania that Ophir operates in partnership with BG Group.

p>ODFJELL SEMISUB HAS signed a contract with one of Ophirs operating subsidiaries for the use of the dynamically positioned semi-submersible Deepsea Stavanger, on behalf of the Blocks 1, 3 and 4 joint ventures in Tanzania that Ophir operates in partnership with BG Group.

AFRICA OIL CORP. has signed a Letter of Intent with Red Emperor Resources NL ("Red Emperor") pursuant to which Red Emperor will acquire a participating interest in the Dharoor and Nugaal Valley Blocks located in Puntland (Somalia).

p>AFRICA OIL CORP. has signed a Letter of Intent with Red Emperor Resources NL ("Red Emperor") pursuant to which Red Emperor will acquire a participating interest in the Dharoor and Nugaal Valley Blocks located in Puntland (Somalia).

Universal Power announced prospective resource estimates for the Companys 90 per cent owned 2713A Exploration Licence, representing approximately 16 per cent of Universals net land position in offshore Namibia.

p>Universal Power announced prospective resource estimates for the Companys 90 per cent owned 2713A Exploration Licence, representing approximately 16 per cent of Universals net land position in offshore Namibia.

Universal Power Corp. announced that it has been awarded a Petroleum Exploration Licence ("PEL") for the offshore Namibian blocks 2813A, 2814B, and 2914A by the Ministry of Mines and Energy ("MME") of the Republic of Namibia.

p>Universal Power Corp. announced that it has been awarded a Petroleum Exploration Licence ("PEL") for the offshore Namibian blocks 2813A, 2814B, and 2914A by the Ministry of Mines and Energy ("MME") of the Republic of Namibia.

According to Mozambiques hydrocarbons regulator the Instituto Nacional de PetrĂ³leo (INP), the African nations fourth oil licensing round closed on June 15. INP confirmed that as many as seven bids were made for the onshore blocks.

p>According to Mozambiques hydrocarbons regulator the Instituto Nacional de PetrĂ³leo (INP), the African nations fourth oil licensing round closed on June 15. INP confirmed that as many as seven bids were made for the onshore blocks.

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