Energy Equity Resources (Norway) Limited

First Bank of Nigeria Limited

N/A.

First Bank of Nigeria Limited

Notification of addition to or amendment of charge.

First Hydrocarbon Nigeria Company Limited

Fixed charge over the shares being the present shares being 2,250,000 ordinary shares and the future shares see image for full details.

All monies due or to become due from the borrower to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

First Hydrocarbon Nigeria Company Limited

Fixed charge over the shares being the present shares being 2,499,999 ordinary shares and the future shares see image for full details.

All monies due or to become due from the borrower to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

First Hydrocarbon Nigeria Company Limited

The assigned rights see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Sector Omega Asa Acting in Its Capacity as Investment Manager of Sector Speculare (Privateequity )Iii

7,750 participation shares and 92,250 ordinary shares in the capital of african energy equity resources limited and dividends,. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge