Republic of Yemen

Ministry of Oil & Minerals

Petroleum Exploration and Production Authority (PEPA)

Announcement of the 4^th International Bid Round (Offshore)

The Ministry of Oil and Minerals of the Republic of Yemen is hereby calling for tenders for Oil and Gas Exploration and Production opportunities on the following Eleven Offshore open blocks:

Required Documents:

Interested companies in any of the above blocks should submit the following documents:

1. Letter of Intent

2. Technical and Financial Reports for the last two years

3. Latest Audit Report

4. Completed and Signed Company Profile Form (Available at www.pepa.com.ye) along with the requirements listed in the Company Profile form.

 Informative files including block coordinates will be available for each block at www.pepa.com.ye. 

International bid Round (Offshore) Blocks Map is attached herewith.

Application Deadline:

All companies interested in bidding should submit the required documents listed above no later than December 8, 2007 to:

Dr. Ahmed Ali Abdillah – Chairman of PEPA – Chairman of the fourth International Bid Round

Phone: 967-1-442630

Fax: 967-1-442632

Email: pepa-expo.com@y.net.ye

Additional information can be found online at http://www.pepa.com.ye