ARA has been quietly & steadily producing on average almost 18,000 boepd which is a great achievement by all the various teams. Recently and of particular note is the fact that B-31’s Aflak discovery well has now produced in excess of 400,000 Bbls.

Also, an additional rig is now being mobilized to continue the appraisal of ARA E&P’s very encouraging Farha SW field and a further rig will be mobilized in early 2025 to drill exploration & appraisal wells in B-44. These, as well as the numerous ongoing efforts in Tanzania will all help ARA towards our vision of 100,000 BOE/Day by 2030.