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Oil & Gas - Watson, Farley & Williams

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• Advising Matra Petroleum plc on the sale of its 40% interest in Gemstone<br />

Properties Ltd (the owner of certain oil & gas concessions in Hungary) to HHE<br />

America Limited for around US$670,000<br />

• Advising New Age (African Global Energy) Limited on its acquisition of an interest<br />

in 3 production sharing agreements in Ethiopia<br />

• Advising the Arabian <strong>Oil</strong> Company on a farm-out of part of its interests in an<br />

Egyptian production sharing contract<br />

• Acting for a Norwegian start-up oil and gas company on the proposed acquisition<br />

of the shares in a company holding an interest in a significant undeveloped Danish<br />

oil and gas discovery<br />

• Acting for a Norwegian start-up oil and gas company on the acquisition of two<br />

companies holding interests in producing gas fields in the Irish Sea and the<br />

acquisition of an interest in some Irish exploration licences<br />

• Advising Elixir Petroleum Limited, listed on AIM and ASX, on its merger with<br />

Gawler Resources Limited to form a UK/USA oil and gas exploration company<br />

• Advising Avana Petroleum on an investment which has led to Avana Petroleum<br />

acquiring an interest in a production sharing agreement in the Seychelles<br />

• Advising Encana Corporation on the sale of the holding company that owns their<br />

exploration and production assets in Chad<br />

• Acting on an farm-out agreement relating to a production sharing agreement in<br />

Ghana<br />

• Advising PetroMal LLC on its bid for a package of non-operated North Sea<br />

exploration and production assets located in the UK, Dutch and Danish sectors.<br />

12

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