Prospective Drilling Areas as of November 2013

Block 1
Operator of Block 1 Afren intends to begin drilling in the third quarter of 2014.

Block 2B
Taipan plans to conduct drilling in Block 2B in the second quarter of 2014. There is speculation that this region of Eastern Kenya may contain more oil than Western Kenya where Tullow Oil has made discoveries.

Block 10A
Block 10A lies near Lake Turkana and the border to South Sudan. Operator Tullow Oil began drilling in March 2013, but was forced to temporarily halt operations when a thick layer of rock was encountered. Further tests are projected to take place.

Block L9
Australian oil exploration company FAR and British based Ophir Energy are planning to drill in Block L9 in 2014. Block L9 lies adjacent to Block L8, where natural gas has been discovered by Apache. FAR estimates may contain up to 300 million barrels of oil.

Blocks L10A and L10B
BG Group has conducted seismic tests and plans to begin drilling in 2014.

Block L11B
Anadarko is currently moving drilling equipment to Block L11B, where the company intends to explore the Kiboko prospect.

=References=