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tour Ref:..............................


MINISTRY OF PETROLEUM


REPUBLIC OF GHANA


2nd August, 2016.











THE CHAIRMAN/ CHIEF EXECUTIVE OFFICER


AMNI INTERNATIONAL PETROLEUM


DEVELOPMENT COMPANY LIMITED


ACCRA.


P.O.BOX CT9354


ACCRA








RE: OFFSHORE CENTRAL TANO PETROLEUM AGREEMENT- LICENSE EXTENSION





I write in reference to various discussions and correspondences on the above subject matter,


particularly your letter dated 28th June, 2016, detailing how the obligations of AMNI


International Petroleum Development Company Limited (AMNI) have been impacted by the


Provisional Measures Orders of 25 April, 2015 by the International Tribunal of the Law of the


Sea (ITLOS) in the ongoing maritime boundary dispute between Ghana and Cote d'Ivoire, as


well as details of your proposed recovery plan with timelines.


After carefully considering your request, and in light of constraints imposed by the Provisional





Measures Orders, I hereby grant to AMNI, an extension of twenty one (21) months to the Initial


Exploration Period under the Offshore Central Tano Petroleum Agreement from 20 March,


2017 to 19 December, 2018.








It is my expectation that the grant of this extension will enable AMNI successfully execute its


remaining work obligations for the Initial Exploration Period under the Offshorp Ce(it^


























CC: 1. HON DEPUTY MINISTER FOR PETROLEUM, MINISTRY OF PETROLEUM, ACCRA.


2. THE CHIEF DIRECTOR, MINISTRY OF PETROLEUM, ACCRA.


3. THE AG CHIEF EXECUTIVE OFFICER, GHANA NATIONAL PETROLEUM CORPORATION,





TEMA.


4. THE AG. CHIEF EXECUTIVE OFFICER, PETROLEUM COMMISSION, ACCRA.


5. THE VICE CHAIRMAN/CHIEF STRATEGY OFFICER, AMNI INTERNATIONAL


PETROLEUM DEVELOPMENT COMPANY LIMITED.