• High quality projects in world-leading oil and gas country
• Management team experienced in the area with proven track record
• Combination of discovered reserves to provide near-term cash flow, and large exploration upside
• Active gas development programme on proven field
• Tie-in agreed to major transit pipeline
• Exploration successes already in immediate area with potential to substantially increase reserve base
• Unique niche in Kazakh energy market
• Potential for substantial oil and gas upside in deeper horizons
• Further good exploration upside in Greater Akkulka block
• Potential to acquire other projects and licences in Kazakhstan
• Exclusive rights to negotiate a Production Sharing Contract over the large Kulob Area in Tajikistan
• Good contacts in Central Asia and related areas gives access to additional opportunities for future growth