National Oil Corporation

Type	Price
Brent	102.15
Dubai	98.34
Urals	101.25
WTI (mid)	107.18
OPEC basket 23/9	99.00
24/09/2008

last news

A new discovery by Verenex On 29/09/2008, NOC announced that the

Canadian Company, Verenex Energy, has made a new oil discovery in the well C1-47/04 a new wildcat well in Ghadames Basin, the well is located 150 km south west of Tripoli.

An initial production test, of Al-momnyat and Lower Acacus Formations produced th following rates:

Oil Gravity (APl)	Gas rate mmscf/d	Oil Rate (bbl/day)	Choke (Inches)	Interval) (feet)	formations	Well name
56	4.20	900	32/64	9962-9990	Al-momnyat	C1-47/04
55	4.50	150	64/32	7819-7839	lower Acacus	C1-47/04

A new oil discovery by RWE On 29^th September 2008, NOC announced

that the German Company RWE Dea – North Africa, a party to an EPSA 3 agreement concluded with NOC where the share of NOC is 68% while the share of RWE is 32% , has made a new oil discovery in the exploration wells (G1- NC-193) a new wildcat well in Sirte Basin located around 550 kms east of Tripoli, 150 kms south west of Ras Lanuf.

The initial production testing established an oil flow as follows:

Meeting between NOC and the General Authority for Environment On Wednesday, 17/09/2008 a meeting was held at

the headquarters of the General Authority for Environment, to discuss the coordination and follow-up on the protection and improvement of the environment relating to exploration in the offshore areas granted to international companies.

The meeting was attended by the Manager of the Environmental Protection Department of the National Oil Corporation and in the presence of the Secretary of the Committee in charge of the oil sector in the General Authority for Environment and the General Managers and Deputy General Managers of the concerned companies.

The Chairman of NOC meets with the British Prime Minister’s Envoy on Oil & Gas issues Dr. Shokri Ghanem, NOC Chairman met on Wednesday, 17/9/2008

with Mr. Simon Featherstone, the British Prime Minister’s Envoy on Oil & Gas issues and Sir Vincent Fean, the British Ambassador to Libya and a number of specialists in the energy sector.

During this meeting both parties discussed the activities of British companies operating in Libya, especially in the field of oil and gas and also ways of promoting the special relations between the two countries.

Download NFSP!

A new oil discovery by RWE On 10^th September 2008, NOC announced that the German

Company RWE Dea – North Africa, a party to an EPSA 3 agreement concluded with NOC where the share of NOC is 68% while the share of RWE is 32% , has made a new oil discovery in the exploration wells (E1- NC-193) and (F1- NC193) at Area 193 in Sirte Basin (around 550 kms east of Tripoli, 150 kms south west of Ras Lanuf).

The initial production testing established an oil flow as follows:

ccccc

Documents Frequently down loaded
Technical summary sheets for blocks offered in bid round 4 (6258) bid round 3 results (5133) map-e (4710)