FS/FST Associations

Somoil became a member of the Contractor Group of the FS/FST Associations in 2007, following MINPET Executive Decrees nº104/07 and nº103/07 dated 22 October 2007. As a result, Somoil has been appointed as the Operator of both concessions under MINPET Decrees nº665/07 and nº666/07 dated 22 October 2007.

Both concessions are in the form of Equity Partnership and are regulated by the Equity Partnership Agreements.

FS Association

SOMOIL SA FINA SONANGOL EP SONANGOL P&P
15% Operator 29% 51% 5%

FST Association

SOMOIL SA FINA SONANGOL EP SONANGOL P&P
31.33% Operator 12.67% 51% 5%
FS Fields FST Fields
Luango Cabeça da Cobra
Quinguila Ganda
Kitona
Lumueno
N’Zombo
Pambo
Pângala
Quinfuquena
Quinguila
Sereia

Block 2/05

SOMOIL is the Operator of Block 2/05 under Decree 266/15 of 14 May 2015; simultaneously the new CG was created under Executive Decree 60/166, with tax regulations of the Production Sharing Agreement (PSA)

SOMOIL SA FALCON OIL KOTOIL POLIEDRO PRODOIL ACREP
30% (Operator) 20% 12,5% 12,5% 12,5% 12,5%
Block 2/05 Fields
Essungo
Bagre
Lombo Este