Afren (Presentation) - Proactive Investors

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Conclusions Divider Slide
2007/08 key objectives Achieved Okoro Setu Development Field Development Plan – Gov’t approval FPSO contract Debt facility, certified reserves Development drilling (5 well program) First oil Marginal Fields Development Ofa well test Development planning Development drilling First Oil Exploration Congo - La Noumbi seismic & exploration well Gabon – Themis exploration well New Ventures Additional Nigerian undeveloped reserves Asset acquisitions in West Africa 1Q 2007 2Q 2007 3Q 2007 4Q 2007 1Q 2008 2Q 2008 Complete In progress Source: Company www.<strong>Afren</strong>.com - October 2007 27
Page 1 and 2: Canaccord Adams Global Energy Confe
Page 3 and 4: Agenda ◦ A unique African proposi
Page 5 and 6: The Premier African E&P Independent
Page 7 and 8: A track record of delivery Afren Sh
Page 9 and 10: Rapid portfolio expansion Ofa Eremo
Page 11 and 12: Production growth forecast 90 80 Af
Page 13 and 14: Production Divider Slide growth
Page 15 and 16: Okoro Setu: background 3D view of O
Page 17 and 18: Okoro Setu: success breeds success
Page 19 and 20: Okoro Setu: FPSO secured Armada Per
Page 21 and 22: Okoro Setu: community relations ◦
Page 23 and 24: Marginal field strategy: Eremor dev
Page 25: Exploration portfolio - summary NIG
Page 29 and 30: Appendix Divider Slide
Page 31 and 32: Executive management Osman Shahensh
Page 33 and 34: Nigeria: Ogedeh development Explora
Page 35 and 36: Congo: La Noumbi - high impact expl
Page 37 and 38: Gabon: low cost exploration Area of

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