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East & Southern Africa Progress Mozambique Tanzania Namibia PEL 37 (2012B, 2112A, 2113B), Tullow NamibiaDrillable prospect definition & drilling preparations PEL 30 (2012A), Eco AtlanticEco Atlantic: drilling of the 1st exploration well PEL 71 (2312A,B; 2412A(N/2),B(N/2), Chariot Oil & Gas2312, 2412A: preparations for drilling during the 2nd half of 2018 1910B, 2010A, Global PetroleumSeaBird Exploration: completed a 2D seismic survey PEL 82, PEL 83, GalpEnergiaNew exploration campaign due to start at the end of 2017 Kudu Gas Field, BW Kudu Ltd.FID is planned for Q4 2017 South Africa Madagascar Kenya Block 9, 11A, RosgeoRosgeo: geological exploration, 3D seismic operations & gravity-magnetic exploration, drilling of exploratory wells Exploration Right 12/3/252 Transkei-Algoa, ExxonMobilSeismic exploration Exploration Right 12/3/257 East Algoa, StatoilSeismic exploration Block 11B/12B, TotalOdfjell Drilling: contract for well drilling. Expected to commence between June 2018 and April 2019 Area 1, AnardakoFID expected to be finalized by the end of 2017 Area 4, Eni2017.06 FID completed Z5-C, Z5-D, ExxonMobilCGG: a multi-client 3D survey Ambilobe 1002, Pura VidaG & G data reprocessing L5, L7, L12, L11A, L11B, AnadarkoExploration drilling L27, L28, Erin EnergySeismic exploration L10A, L10B, Shell/BG KenyaFugro contracted for a seabed survey Belo Profond, South Atlantic Petroleum3D interpretation and studies Grand Prix, OMV3D data processing G & G interpretation and studies Block 1, 4, ShellAwarded a 3.5 year extension to complete Pre-FEED and FEED Block 2, StatoilOcean Rig UDW Inc. - drilling contract. Expected to commence in Q1 2018 Nyuni Area-Ndovu Resources, AminexPrepare a new 3D seismic program

Block 1, 4, Shell East & Southern Africa Progress

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East & Southern Africa Progress

Mozambique

Tanzania

Namibia

PEL 37 (2012B, 2112A, 2113B), Tullow Namibia:Drillable prospect definition & drilling preparations

PEL 30 (2012A), Eco Atlantic:Eco Atlantic: drilling of the 1st exploration well

PEL 71 (2312A,B; 2412A(N/2),B(N/2),Chariot Oil & Gas:2312, 2412A: preparations for drilling during the2nd half of 2018

1910B, 2010A, Global Petroleum:SeaBird Exploration: completed a 2D seismic survey

PEL 82, PEL 83, GalpEnergia:New exploration campaign due to start at the endof 2017

Kudu Gas Field, BW Kudu Ltd.:FID is planned for Q4 2017

SouthAfrica

Madagascar

Kenya

Block 9, 11A, Rosgeo:Rosgeo: geological exploration, 3D seismicoperations & gravity-magnetic exploration, drillingof exploratory wells

Exploration Right 12/3/252 Transkei-Algoa,ExxonMobil:Seismic explorationExploration Right 12/3/257 East Algoa,Statoil:Seismic explorationBlock 11B/12B, Total:Odfjell Drilling: contract for well drilling. Expected tocommence between June 2018 and April 2019

Area 1, Anardako:FID expected to be finalized by the endof 2017

Area 4, Eni:2017.06 FID completed

Z5-C, Z5-D, ExxonMobil:CGG: a multi-client 3D survey

Ambilobe 1002, Pura Vida:G & G data reprocessing

L5, L7, L12, L11A, L11B,Anadarko:Exploration drilling

L27, L28, Erin Energy:Seismic explorationL10A, L10B, Shell/BG Kenya:Fugro contracted for a seabed survey

Belo Profond, South AtlanticPetroleum:3D interpretation and studiesGrand Prix, OMV:3D data processing G & G interpretationand studies

Block 1, 4, Shell:Awarded a 3.5 year extension to completePre-FEED and FEED

Block 2, Statoil:Ocean Rig UDW Inc. - drilling contract.Expected to commence in Q1 2018Nyuni Area-Ndovu Resources, Aminex:Prepare a new 3D seismic program