Algeria :
Block 242 :
Acquisition of 343 km² of 3D seismic and 915 km of 2D seismic
Drilling of 12 wells and hydraulic fracturation of Ordovician wells
Two oil developments and one gas development
Total investment (at 31 December 2007) : USD 82 M

Block 226 :
Acquisition of 900 km of 2D seismic
Drilling of 9 wells and hydraulic fracturation of 8 Ordovician wells
One integrated gas development project linking satellite fields to a
central processing facility
Total investment (at 31 December 2007) : USD 63 M

Tunisia :
Zaafrane Block :
Reprocessing of 3000 kms of 2D seismic data
Acquisition of 300 kms of 2D seismic data or equivalent of 3D
seismic data
One exploration well to the Cambro-Ordovician
Total investment (at 31 December 2007) : USD 11 M

Remada Block :
Reprocessing of 5000 kms of 2D seismic data
Acquisition of 300 kms of 2D seismic or the equivalent of 3D
seismic data
One exploration well to the Cambro-Ordovician
Total investment : (at 31 December 2007) : USD 8.5 M

Medex will in the near future further diversify its portfolio with
projects in sub-Saharan Africa.

Others :
Evaluation of free blocks in Libya,
sub-Saharan Africa and DRC