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August 2003 EER formation
April 2004 JDZ Block 1 - Nigeria-São Tomé and Príncipe
Joint Development Zone (JDZ) awarded
Febuary 2005 JDZ Block 1 - PSC signed
March 2005 JDZ Block 1 - Financing deal reached with Afren
June 2005 JDZ Block 3 - Nigeria-São Tomé and Príncipe Joint development Zone (JDZ) awarded
October 2005 Libya Licence Round
March 2006 JDZ Block 3 - PSC signed
April 2006 Raised US$30 million in external funding
June 2006 EER forms alliance with Mwana Africa Plc
July 2006 Mauritania - MOU signed on two deep water exploration blocks
August 2006 Nigeria - Farm-in agreements signed on Ajapa & Aje fields
September 2006 Nigeria - Farm-in agreement signed on OML 115
December 2006 Nigeria - Additional interest secured in Ajapa and Aje fields
January 2007 Nigeria - Aquisition of Syntroleum Nigeria Ltd
June 2007 AEER formed
September 2007 Signing of a new Aje Partnership Agreement
November 2007 Ratification of Aje Partnership Agreement by Nigerian Government
February 2008 Ajapa Appraisal Program Begins
February 2008 Aje 4 Well Spudded
March 2008 Hedge Fund Financing Deal
April 2008 Aje 4 Well Completed
April 2008 Ajapa Appraisal Completed
June 2008 Vitol - MOU signed
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