Glossary

AGM

Annual General Meeting

AIM

Alternative Investment Market of the London Stock Exchange

API

Degrees API refers to the density of crude oils and constituent hydrocarbons as per a scale of reference classification established by the American Petroleum Institute.

BCF

Billion Cubic Feet

BOCD

Barrels of Condensate Per Day

BOEPD

Barrels of Oil Equivalent Per Day

BOPD

Barrels of Oil Per Day

COEL

Circle Oil Egypt Limited

COML

Circle Oil Morocco Limited

COOL

Circle Oil Oman Limited

COOOL

Circle Oil Oman Offshore Limited

COTL

Circle Oil Tunisia Limited

EGPC

Egyptian General Petroleum Company

EPSA

Exploration and Production Sharing Agreement

ETAP

Enterprise Tunisienne d’Activities Petrolieres

Ft

Feet (imperial system measurement)

Mbo

Thousands barrels of oil

MD

Measured Depth

MENA

Middle East and North Africa

MMbo

Million barrels of Oil

MMboe

Million barrels of Oil equivalent

MMscfd

Million standard cubic feet per day

MOG Oman

Ministry of Oil and Gas, Sultanate of Oman

ONHYM

Office National des Hydrocarbures et des Mines

PMean, P10, P50, P90

Percentile Mean, Percentile 10, Percentile 50, Percentile 90

PSA

Production Sharing Agreement

SS

Sub-Sea

SSA

Sub-Saharan Africa

TD

Total Depth

URR

Ultimate Recoverable Resources

2D

Two Dimensional

3D

Three Dimensional