National Oil Corporation

Type	Price
Brent	70.49
Dubai	70.86
Urals	69.92
WTI (mid)	71.52
OPEC basket 04/02	72.73
07/02/2010

last news

Meeting with Shell In the framework of continuous cooperation between the National

Oil Corporation and International Oil Companies operating in exploration; a delegation headed by Malcolm Brinded, Executive Director Upstream International and Guy Outen, Executive Vice President EP Strategy and New Business, Mark Hope and Jan Willem Eggink Shell Exploration and Production Country Chairmen met with Dr Shokri Ghanem , Chairman of the National Oil Corporation, Mr Ali Alsagair NOC General Manager, Mr Belgassim Shenigeer Production Sharing General Manager, and members of the Owners Committee. The meeting addressed current operations and means of developing future cooperation.

NEW OIL DISCOVERY BY TATNEFT NOC announces on 28/1/2010 that TATNEFT being

partners in an Exploration and Sharing agreement, report initial information concerning the exploration well B1-82/04 New Field Wildcat in Ghadamis Basin. The well is located approximately 345 km South of Tripoli. The well B1-82/04, drilled in Ghadamis Basin area 82 to a total depth 8,750 feet, encountered hydrocarbons in Ouen Kasa with a net pay 11 feet.

A new oil discovery by Sirte NOC announces today 21/1/2010 that Sirte Oil Company , reports

that it has drilled YYYY1-6 New Field Wildcat well in the Sirte Basin to a total depth of 7,806 feet. The well is located approximately 6 km Southeast Nasser Oil Field.

The well is declared as a commercial discovery, after the initial production test of the Waha Formation at a depth of 7,525 – 7,537 feet produced the following rates:

Gravity (API @ 60 F)	Gas Rate (MMSCF/D)	Oil Rate (BBLS/D)	Choke Size (Inches)	Depth (Feet)
36.5	0.842	789	½	7,525 – 7,537

President of the United Nations General Assembly visit to NOC The President of the United Nations General Assembly

Dr. Ali Abdussalam Treki visited NOC on Sunday 17/01/2010 where he met with Dr. Shukri Mohamed Ghanem NOC Chairman .

During this visit the activity of NOC and its policies in investment, exploration and production, manufacturing and marketing was presented .

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Meeting with R W E On Tuesday 19/1/2010, Dr. Shokri Ghanem, Chairman of

the NOC Management Committee met with Mr.Ralf to Baben Chief Operating Officer of R.W.e , Mr. Christoph Schlichter, Senior Vice President and Dr. Thomas Radwitz, General Manager of R.W.E. Libya. The meeting was also attended by Mr. Azzam Elmessallati, Member of the Management Committee , Mr. Fathi Madi President of the Owner's Committee .

Documents Frequently down loaded
Technical summary sheets for blocks offered in bid round 4 (10415) Tender No : 495 (7710) Libyan oil concessions map (7637)