Killajoules

Morocco Energy Minister Unveils LNG Roadmap
The Minister of Energy, Mines, Water and Environment, Dr. Abdelkader Amara, held a press conference on Tuesday, December 16 at 10 am at the Ministry, to present the national roadmap for the implementation of the development project of liquefied natural gas (LNG).

Kosmos Energy Finalizes Cap Boujdour Farm-out with Cairn Energy
Kosmos Energy (NYSE:KOS) today announced that it has entered into a farm-out agreement with Capricorn Exploration & Development Company Limited, a wholly-owned subsidiary of Cairn Energy PLC (LSE:CNE), covering the Cap Boujdour Contract Area. Under the terms of the agreement, Cairn will acquire a 20% non-operated interest in the exploration permits comprising the Contract Area. Cairn will pay a disproportionate share of future exploration costs including a 3D seismic survey, an initial exploration well in 2014 and, if successful, two appraisal wells, all subject to maximum expenditure caps. Completion of the transaction is subject to customary closing conditions, including Moroccan Government approvals.

Galp Energia enters into a farm-in agreement for offshore Morocco
Galp Energia announces its has entered into a farm-in agreement with the Australian company, Tangiers Petroleum Limited (Tangiers), for the acquisition of a 50% stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. Upon completion of the agreement, Galp Energia will be the operator of the Tarfaya Offshore area, a role that until now has been fulfilled by Tangiers. The Tarfaya Offshore area is predominantly in water depths of less than 200 metres and covering an area of 11,281 square kilometres.

Visit of Sheikh Mohammed Hussein Al Amoudi to SAMIR
Group President Corral Holding AB and Board of SAMIR, Sheikh Mohammed Hussein Al Amoudi has arrived in Morocco, July 4, 2012, for a working visit in order to express its support and contribution to outcome of various strategic projects underway.

San Leon Energy Plc Announces Completion of Morocco 2D Seismic Campaign
San Leon Energy Plc (AIM:SLE) (“San Leon” or the “Company”) is pleased to announce that it has completed the acquisition of more than 2,280 km of 2D seismic across its Tarfaya and Zag Licenses onshore Morocco. The data was acquired by San Leon Energy’s wholly owned subsidiary, NovaSeis.

Launch of Vivo Energy signals new era for African energy
Vivo Energy, the company formed by Vitol, Helios Investment Partners and Shell to distribute and market Shell-branded fuels and lubricants across Africa, enters its first day of trading today in 7 countries: Cape Verde, Mauritius, Madagascar, Morocco, Mali, Senegal and Tunisia. Over the next few weeks, the Shell companies in these 7 countries will register their new names, starting today in Morocco, where Societe Shell du Maroc has become Vivo Energy Maroc. All businesses will use Vivo Energy as the name of their corporate entity. Also making its debut today is Shell and Vivo Lubricants, which will manufacture and blend Shell branded lubricants for distribution across Africa. It will market and sell lubricants through exclusive Master Distribution Agreements with Vivo Energy companies.

TransAtlantic Petroleum Ltd.Announces Expansion into Bulgaria and Increased Presence in Morocco
TransAtlantic Petroleum Ltd. (TSX: TNP)(NYSE-AMEX: TAT) is pleased to announce that its wholly-owned subsidiary, TransAtlantic Worldwide, Ltd. ("TransAtlantic Worldwide"), has entered into an agreement ("Purchase Agreement") with Direct Petroleum Exploration, Inc. ("DPE") under which TransAtlantic Worldwide would acquire 100% ownership of Direct Petroleum Bulgaria EEOD ("Direct Bulgaria"), Direct Petroleum Morocco, Inc. and Anschutz Morocco Corporation (together the "Direct Morocco Subsidiaries"). Closing of the transaction, which is expected to occur by February 15, 2011, is subject to regulatory approvals, approval of DPE's shareholders and other customary closing conditions.

Circle Oil Drilling Update Morocco
Circle Oil Plc (AIM: COP), the international oil and gas exploration, development and production company, is pleased to announce that the KSR-10 exploration well has been drilled, logged and successfully tested in the Sebou Permit, Rharb Basin, Morocco.