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South America - Selected Mandates
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The Republic of Chile
Magallanes Basin Blocks: Isla Norte, Campanario, Flamenco, San Sebastian, & Marazzi - Lago Mercedes Blocks
Farm-out of interest to Geopark, Wintershall & YPF

Brazil
Blocks SM-1035, SM-1036 & SM-1100
Santos Basin, Offshore Brazil
Farm-out of interest to Vanco
Brazil
Blocks SM-1035, SM-1036 & SM-1100
Santos Basin, Offshore Brazil
Farm-out of interest to Vanco

Brazil
Blocks BM-S-29 & BM-S-37, Santos Basin
Farm-out of interest to Shell Brasil, Ltda

South & East Falkland Islands
2002 and 2004 Licences,
Farm-Out to BHP Billiton Petroleum