Project Timelines

Well ahead of schedule with Gippsland Offshore's Jamaican project, we have completed our four year exploration contract (signed in January 2006) within 18 months and are now seeking a farm-in partner to enter the drilling phase with us and have signed on IndigoPool (a division of Schlumberger) to provide the farm-out management services.

The mapping of prospects in our L6 block offshore Kenya is drawing to a close and we are awaiting the finalisation of the gas development terms with the Kenya government before committing to the next phase of the PSC in which we are committed to drilling 2 wells.

The French exploration project has been delayed in award in France and is now expected to be awarded mid year.

The Government of Madagascar have verbally awarded Gippsland Offshore and their JV partner a large tranche of acreage offshore Madagascar - it is awaiting presidential sign-off.

See detailed timeline for all of our current projects (right).

Last updated: 01 May 2008