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Licence Interests
Oil Search - PNG Permits as at 31 December 2007
| Licence | Interest % | Operator | JV partners |
PNG Petroleum Development Licences (PDL)
|
| PDL 1 |
21.50 |
ExxonMobil |
Santos |
| PDL 2 |
60.05 |
Oil Search |
ExxonMobil, Merlin, AGL, MRDC |
| PDL 2 - SE Mananda JV |
72.27 |
Oil Search |
AGL, Merlin, MRDC |
| PDL 3 |
36.36 |
Santos |
Southern Highlands, Cue, MRDC |
| PDL 4 |
10.00 |
Oil Search |
AGL, ExxonMobil, Merlin, MRDC |
| PDL 5 |
40.69 |
ExxonMobil |
Eda, MRDC |
| SE Gobe Unit PDL 3/PDL 4 |
25.55 |
Oil Search |
AGL, Santos, Southern Highlands, Cue, ExxonMobil, Merlin, MRDC |
| Moran Unit PDL 2 / PDL 5 |
49.40 |
Oil Search |
AGL, Merlin, ExxonMobil, Eda, MRDC |
PNG Pipeline Licences (PL)
|
| PL1 |
100.00 |
Oil Search |
- |
| PL 2 |
60.05 |
Oil Search |
ExxonMobil, Merlin, AGL, MRDC |
| PL 3 |
17.78 |
Oil Search |
AGL, ExxonMobil, Merlin, Santos, Southern Highlands, Cue |
PNG Petroleum Retention Licences (PRL)
|
| PRL 1 |
5.00 |
Talisman |
ExxonMobil, Command, Claremont, Pacrim, Secab |
| PRL 2 |
31.51 |
ExxonMobil |
Merlin |
| PRL 3 |
38.51 |
ExxonMobil |
Merlin |
| PRL 8 |
60.71(1) |
Oil Search |
Mosaic, Omati |
| PRL 9 |
42.55 |
Santos |
Cue |
| PRL 10 |
49.55 |
Oil Search |
Gedd, ML Energy |
| PRL 11 |
52.50 |
ExxonMobil |
- |
| PRL 12 |
52.50 |
ExxonMobil |
- |
PNG Petroleum Prospecting Licences (PPL)
|
| PPL 188 |
100.00 |
Oil Search |
- |
| PPL 190 |
62.56 |
Oil Search |
Cue, Murray |
| PPL 219 |
72.52 |
Oil Search |
ExxonMobil, Merlin |
| PPL 233 |
52.50 |
ExxonMobil |
|
| PPL 234 |
100.00 |
Oil Search |
|
| PPL 239 |
100.00 |
Oil Search |
|
| PPL 240 |
90.00(1) |
Oil Search |
Horizon |
| PPL 244 |
40.00 |
Talisman |
IOR, Drillsearch Energy, InterOil |
Oil Search - MENA Permits as at 31 December 2007
| Licence | Interest % | Operator | JV partners |
Yemen
|
| Block 3 |
60.00(2) |
Oil Search |
Petoil, Yemen General Corporation for Oil & Gas |
| Block 7(3) |
34.00 |
Oil Search |
Kufpec, ARC Energy, Adelphi, Yemen General Corporation for Oil & Gas |
| Block 15 |
35.00 |
Oil Search |
Kufpec, Yemen General Corporation for Oil & Gas, MND |
| Block 35 |
32.50 |
Oil Search |
Virgin, Yemen General Corporation for Oil & Gas, ARC Energy, MND |
| Block 43 |
28.33 |
DNO |
Yemen General Corporation for Oil & Gas |
| Block 49 |
42.33 |
CCC |
Yemen General Corporation for Oil & Gas, Virgin |
| Block 74(3) |
34.00 |
Oil Search |
Kufpec, ARC Energy, Adelphi, Yemen General Corporation for Oil & Gas |
Egypt
|
| Area A |
70.00 |
Oil Search |
Petrogas |
| East Ras Qattara |
49.50 |
Sipetrol |
- |
| Mesaha |
30.00 |
Melrose |
Hellenic |
Iraq
|
| Bina Bawi |
10.00(4) |
A&T |
Hawler, Calibre |
Libya
|
| Area 18 |
30.00 |
Petrobras |
- |
Tunisia
|
| Le Kef |
50.00 |
Primoil |
- |
| Tajerouine |
100.00 |
Oil Search |
- |
Note:
(1) Awaiting government approval and registration
(2) 20% being held for MND under a Sub-participation Agreement
(3) Awaiting ministerial grant
(4) Interest held through a 20% shareholding in a company which holds 50% in the Bina Bawi PSC
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