Bangladesh

Exploration and Business Development

Blocks 10/11

Operator: ConocoPhillips (100.0%)

Blocks 10 and 11 are in the unexplored deepwater region of the Bay of Bengal, offshore Bangladesh. The combined blocks comprise approximately 1.3 million acres with water depths ranging from 3,300 feet to 5,000 feet.

Government approval of the PSC terms was received in June 2011. Seismic acquisition activities commenced in February 2012.

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