Substantial amounts of technical effort and expenditure will be spent in the coming years to maximize the production and returns provided by existing assets and acreage. However Petrogas E&P LLC’s growth targets will require the acquisition of additional exploration and production assets both inside and outside of Oman. Petrogas E&P LLC has identified the Middle East, Africa and the Indian Sub-Continent as areas in which opportunities continue to arise and in which Petrogas E&P LLC can leverage its experience and its industry and political relationships to secure the best deals for the company. Over the past three years, Petrogas E&P LLC has spent over US$ 3 million and will be increasing efforts in the coming years to originate additional opportunities that will take Petrogas E&P LLC through the next stages of growth. Over 50 opportunities have been considered in the past three years and these opportunities include ground floor exploration, farm-ins, asset and corporate acquisitions. More opportunities are continuously being evaluated for screening as per Petrogas strategy and economics.