aex presentation at egm today, page-7

Presentation is now available.



What's relevant to KEY investors:

"TANZANIA
KILIWANI NORTH DISCOVERY APPRAISAL

•A new seismic survey has now been completed over and around Songo-Songo Island this week.
•The survey is part of the Kiliwani North appraisal programme and its primary purpose is to define the extent of the discovery.
•Initial field data received is of high quality. A land seismic source is being used on Songo-Songo Island for the first time.
•The new data will be the key to guiding the development programme

NYUNI EXPLORATION LICENCE

•Test reprocessing of existing seismic data over the Nyuni PSA is in progress.
•Good results are being obtained which provide much improved definition of the numerous prospects on the licence.
•A complete seismic reprocessing project across the licence should materially upgrade the prospects.
•Reprocessed seismic will enable a revised prospect ranking for future exploration drilling.
•Prospect sizes are tabulated in the appendix to this presentation."