DRILLING

No ongoing drilling activities. Preparation/planning for various well intervention works ongoing.

PRODUCTION ACTIVITIES

SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000barrels storage space available, SunTrust Oil and its Partners were able to sustain injection rate during/after production/injection outages during the period under review.

CRUDE EXPORT

The Umugini Pipeline Infrastructures Limited (“UPIL”) export pipeline was available for export activities during the period under review. However, the Nigerian Agip Oil Company Limited (“NAOC”) export line has suffered several shutdowns during the period.

SunTrust Oil sustained its crude shipping activities during the period under review.

COMMUNITY AFFAIRS

We continued to ensure a peaceful working environment through strategic engagement with the various host communities and undertaking of various key developmental projects.