Average production in H1 2011

1,652 boepd

Assets

• Five WIX-operated onshore concessions(10-17 years remaining title)
• Working interest
• four at 100%, one at 45%
• 143,741 acres (net)
• No work commitments

Fiscal and economic regime

• World price for oil
• Natural gas prices tied to 9 month trailing average of low sulphur heating oil
• Royalty: 2% to 15%

2011 Focus

• Chouech Essaida and Ech Chouech