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Annexure A
Nigeria:
2007 Awarded Block OLP 258 and paid USD 110 million signature bonus;
2007 Awarded Block OLP 295;
2008 Signature bonus paid;
2008 Technical work conducted on both blocks;
2011 C2E acquired 33% share holding.
Sao Tome
38% of 1 Block in the Joint Development Zone
Namibia
Through the 100% acquisition of Yorkshire Trading Ltd, C2E acquired a 40% share holding in six on-shore Namibian oil blocks. Covering 492 sq km, the blocks are: 2416B, 2417, 2516, 2517, 2616 and 2617.
Uganda
38 % of 2 Blocks in Uganda
Sinopec
Exclusive agreement with Sinopec for Africa
Yorkshire Trading
Leading provider of switchgear products for power industry