Royal Decree 77/2007 Approving the Assignment by Indago Oman Limited of 49.9999% of its Rights and Obligations in the Petroleum Agreement Signed on 1 October 2001 (Block 47) to Indago Ventures Company

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State issued by Royal Decree 101/96,

the Oil and Minerals Law issued by Royal Decree 42/74,

Royal Decree 103/2001 Approving the Petroleum Agreement between the Government of the Sultanate of Oman and Novos Oman Limited,

the collection of documents by which Novos Oman Limited was renamed Indago Oman Limited,

and the collection of documents by which Indago Oman Limited has assigned part of its rights and obligations in the petroleum agreement signed on 1 October 2001 (Block 47) to Indago Ventures, which accepts this assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by Indago Oman Limited of 49.9999% of its rights and obligations in the mentioned petroleum agreement signed on 1 October 2002 to Indago Ventures is hereby approved.

Article II

This decree must be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 10 Rajab 1428
Corresponding to: 25 July 2007

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 844 issued on 1 August 2007.