2007 Signature of Zaafrane and Remada Permits in Tunisia

2006 Start of second (two-year) contractual period in respect of Blocks 226/229b and 242 in Algeria

2005 Relinquishment of Algerian Block 221 and completion of sale of Tunisian assets (Zarat Permit and Didon Concession) to PA Resources AB

2004 Didon second phase of development : fixed platform and FPSO

2002 Signature of Blocks 242 and 226/229b Contracts with SONATRACH (Third International Bid Round)

2001 Signature of Block 221 Contract with SONATRACH

1999 20% farm-in the 7 November Permit offshore the Tunisian/Libyan coast

1998 First oil from Didon Concession : underwater completion and FPSO

1996 Acquisition of Zarat Permit and Didon Concession offshore Tunisia from Marathon International Oil Company and Edisto Tunisia Ltd (77.78% WI & Operatorship)

1995 Creation of the company