National Energy Policy - Final Draft - 14 Nov 2013

immense value through acquisition of high quality data due to the deployment of new dataacquisition technologies such as 3D Seismic and Full Tensor Gradiometry (FTG).Table 2.2: Licensed Petroleum Exploration Companies as at December 2012No Exploration Companies Exploration Block Nos. Total No. of Blocks1. Tullow Oil Corporation 10A, 10BB, 10BA, 13T, 12A,and 12B 62. Anadarko L-5, L-7, L-12, L-11A, L-11B 53. BG Group L-10A, L-10B 24. Ophir/Dominion L-9, L-15 25. Apache L-8 16. Vanoil Resources 3A, 3B 27. Africa Oil Corporation 9 18. Zarara L-4, L-13 29. FAR/Flow Energy L-6 110. Lion Petroleum 2B 111. NOCK 14T 112. Simba 2A 113. Afren L-17/ L-18, 1 314. A-Z Petroleum L-1A & L-3 215 CAMAC Energy L-1B, L-16, L-27, L-28 416 Rift Energy L-19 117 Imara Energy Corp. L-2 118 Adamantine Energy Ltd 11A 119 Pacific Seaboard Investments Ltd L-20 120 ERHC Energy Inc. 11B 121 Lamu Oil Exploration L-14 122Total Exploration & ProductionKenya B. V.L-22 123 ENI Spa L-21, L-23, L-24 37. Licensing of Petroleum Blocks is currently governed by the Petroleum (Exploration andProduction) Act (Cap. 308). All Production Sharing Contracts (PSC) are based on a model PSCand Heads of Agreement (HoA). Cap. 308 and the model PSC has no provisions on gas terms.8. Obligations under the PSC include reinterpretation of existing data, technical data acquisitionand drilling of an exploration well with a minimum vertical depth of 3,000 meters. The minimumwork programme and expenditure obligation for each block is negotiable. The general structureof the PSC is summarized in Annex 10.1 in 10.0 - Annexure.19 2.0 – FOSSIL FUELS