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Licence Interests

Oil Search - PNG Permits as at 14 January 2010

Licence Field Oil Search
Interest % 		Operator

PNG Petroleum Development Licences (PDL)
PDL 1 Hides 16.66 Exxon Mobil
PDL 2 Kutubu, Moran 60.05 Oil Search
PDL 2 - SE Mananda JV SE Mananda 72.27 Oil Search
PDL 3 SE Gobe 36.36 Santos
PDL 4 Gobe Main, SE Gobe 10.00 Oil Search
PDL 5 Moran 40.69 Exxon Mobil
PDL 6 Moran 72.52 Oil Search
PDL 7 South Hides 40.69 Exxon Mobil
PDL 8 Angore 40.69 Exxon Mobil
PDL 9 Juha 24.42 Exxon Mobil
SE Gobe Unit (PDL 3/PDL 4)   25.55 Oil Search
Moran Unit (PDL 2/PDL 5/PDL 6)   49.51 Oil Search
Hides Gas to Electricity Project (PDL 1)   100.00 Oil Search

PNG Pipeline Licences (PL)
PL 1 Hides 100.00 Oil Search
PL 2 Kutubu 60.05 Oil Search
PL 3 Gobe 17.78 Oil Search

PNG Petroleum Retention Licences (PRL)
PRL 1 Pandora 5.00 Talisman
PRL 2 Juha 31.51 Exxon Mobil
PRL 3 P'nyang 38.51 Exxon Mobil
PRL 8 Kimu 60.71 Oil Search
PRL 9 Barikewa 42.55 Santos
PRL 10 Uramu 59.55 (1) Oil Search
PRL 11 Angore 52.50 Exxon Mobil

PNG Petroleum Prospecting Licences (PPL)
PPL 190   62.56 Oil Search
PPL 219   71.25 (2) Oil Search
PPL 233   52.50 Exxon Mobil
PPL 234   80.00 (2) Oil Search
PPL 239   80.00 (2) Oil Search
PPL 240   100.00 (1) Oil Search
PPL 244   30.00 (2) Talisman
PPL 260   10.00 (3) Oil Search

PNG Facilities Licences (PPFL)
PPFL 2   29.00 Exxon Mobil

 

Oil Search - MENA Permits as at 14 January 2010

Licence FieldOil Search
Interest % 		Operator

Yemen
Block 3   60.00 Oil Search
Block 7   34.00 Oil Search

Iraq
K42   75.00 Oil Search 
Shakal   15.00 Shakal Production Ltd

Libya
Area 18   30.00 Petrobras

Tunisia
Le Kef   50.00 Primoil
Tajerouine   100.00 Oil Search

Notes:

  1. Includes additional 10% acquired from Gedd (PNG) Ltd, awaiting Government approval and registration.
  2. Includes assignments awaiting registration and Government approval. 
  3. Upon grant of approval & registration. Interest will be: Oil Search 50%, Eaglewood 30% and Noex 20%