We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
the Oil and Gas Law promulgated by Royal Decree 8/2011,
and the Petroleum Agreement signed on 28 February 2011 between the Government of the Sultanate of Oman and Rex Oil & Gas Ltd and Petroci Holding for Offshore Concession Block 50,
and in pursuance of public interest,
have decreed as follows
Article I
The aforementioned petroleum agreement 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: 18 Rabi Al-Thani 1432
Corresponding to: 23 March 2011
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 932 issued on 2 April 2011.