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12.02.2014 The Company has drilled its second exploratory

The Company has drilled its second exploratory well (B1-113/01) at contract area 113/1 in the Murzuq Basin.

The Company has drilled its second exploratory well (B1-113/01) at contract area 113/1 in the Murzuq Basin, which yielded a natural gas discovery and was recognized by the company’s Libyan partner, National Oil Corporation. The well is located approximately 650 km south-West of Tripoli and 200 km North West of El-Sharara Field.
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