Afrex Limited Company News

Origin advised that, subject to the completion of further specialist seismic work, the Kenyan Ministry of Energy has granted a six month extension to the First Additional Period of PSCs for Blocks L8 and L9 located offshore Kenya.

Origin Energy Limited reports that on September 28, 2006, the Government of Kenya executed Deeds of Variation pertaining to Production Sharing Contracts for Blocks L8 and L9, located in the Lamu Basin, offshore Kenya.

Sun Resources reports that the previously delayed 260 line kilometer 2D seismic survey on Exploration Study Area 5 of the offshore Malta Project in the southern Mediterranean Sea is now underway by LARGE Ltd.

Hardman Resources has signed a Memorandum of Understanding (MOU) with the Government of Eritrea over the 11,550 sq km Massawa Block offshore Eritrea, Red Sea.