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Monday, May 05, 2008 1:36:39 PM
http://www.addaxpetroleum.com/_media/2008_%2003_%20UBS_Conference_Presentation_London.pdf
pg. 8-9
Deepwater portfolio is one of the best in the industry with
the largest equity holding in the Joint Development Zone
(JDZ) between Nigeria and Sao Tomé
asset bases will see significant events in 2008/09,
bringing their value to the forefront
Significant Potential
• Exploration blocks on trend with world-class oil fields
• 2007 unrisked prospective resources of 1.2 billion
barrels (476 MMbbl risked)
• Experienced Deepwater exploration and drilling
teams preparing for first well in 2008 with term
contract drilling in 2009
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