Ebok FSO Naming and Sail Away Ceremony

Ebok FSO Naming and Sail Away Ceremony

London, 18th August 2010. The speech of The Honourable Minister of Petroleum Resources of Nigeria, Deizani Alison-Madueke at the Ebok FSO Naming and Sail Away Ceremony held at the Yulian shipyard in China on 5th August 2010.

The speech of The Honourable Minister of Petroleum Resources of Nigeria, Deizani Alison-Madueke at the Ebok FSO Naming and Sail Away Ceremony held at the Yulian shipyard in China on 5th August 2010 is now available on Afren's website and, together with other highlights for the media, can be viewed at the following link:

www.afren.com/ebok_fso_sailaway

The Virini Prem FSO (formerly Prem Prachi) will be the crude oil storage and export facility for the Ebok field development located offshore south east Nigeria. The Virini Prem, a 267 metre and 174,917 ton vessel which has been refurbished at the Yulian shipyard in China, will store and offload for export, stabilised crude oil that will be produced and processed at a dedicated Mobile Offshore Production Unit (MOPU) at the field location. The successful execution of refurbishment work on the FSO is a major milestone for the Ebok project.

Notes to Editors

Afren is an African focused independent oil and gas exploration and production company listed on the main market of the London Stock Exchange and a constituent of the FTSE 250. Afren is currently producing from its assets offshore Nigeria and Côte d'Ivoire, with a significant appraisal and development project due onstream in 2010 from Nigeria. Afren has operated exploration interests in Ghana, Côte d'Ivoire and Nigeria, with minority exploration interests in Congo Brazzaville and the Joint Development Zone of Nigeria - São Tomé & Príncipe. For further information please refer to www.afren.com.