Belize

Perenco holds a 100% interest in Block A, located in the north of Belize.

The Block A exploration permit was signed with the Belizean Authorities in January 2008. The permit is located in the Corozal Basin, an extension of the producing North Peten Basin in Guatemala, and to the north of the Spanish Lookout and Never Delay fields.

Following the completion of an aeromagnetic survey and studies during the first exploration phase, Perenco identified prospectivity and extended Block A to the West. The permit now covers an area of 2,388 km². In order to define drillable prospects, the acquisition of a 2D seismic survey is planned in 2010.