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Corporate Headquarters
1330 Post Oak Boulevard
Suite 2250
Houston, Texas 77056
Tel +1 713 797 2940

Lagos, Nigeria
Plot 1649, Olosa Street
Victoria Island, Lagos
Tel +234 1 4603357

Nairobi, Kenya
9 West Building, 9th Floor
P.O. Box 14791 00800
Westlands, Nairobi
Tel +254 205 230 062

Banjul, Gambia
6 th Floor Futurelec Building
Bertil Harding Highway
Kotu KMC
Tel +220 890 7080

Accra, Ghana
Floor Number 1
One Airport Square
Plot No. 21,
Airport City Redevelopment Scheme
Tel +233 570 688 372

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Prospective and Contingent Resource Disclaimer

This Competent Person’s Report contains estimates of "prospective resources" and "contingent resources." The Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only “reserves,” as that term is defined under SEC rules.

Prospective resources are those quantities of petroleum estimated, as at a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Contingent resources are those quantities of petroleum estimated, at a given date, to be potentially recoverable from known accumulations, but the applied projects are not yet considered mature enough for commercial development due to one or more contingencies.

Prospective resources have both an associated chance of discovery and a chance of development, while contingent resources have an associated chance of development. Investors should not assume there will be any discovery associated with prospective resources, or that any discovery or any contingent resources will be economically drillable or ever be upgraded into reserves.

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