Press Release

United Hydrocarbon Enters Agreement with Delonex Energy for a Significant Exploration and Appraisal Program in Chad.

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2012

Year of Inception

Chad

Country of operation

1,782,855,000

BOE (2C CONTINGENT + MEDIAN PROSPECTIVE)

6 / 408

DISCOVERIES / PROSPECTS & LEADS

1 / 4

PSC / LEASE BLOCKS

5,275,444

ACRES OF LEASED LAND

World Class Development & Exploration Assets

Proximal To Existing & Planned Infrastructure

  • Doba assets surrounded by Multi-Operator Oil Production facilities and infrastructure
  • Excess export capacity in Chad-Cameroon Pipeline in excess of 100,000 bbls/d
  • Chad Cameroon export pipeline has been reliably operated since inception in 2003
  • Planned Niger-Chad (NOTCO) pipeline opens export markets for stranded production
  • Regulated pipeline infrastructure with fixed rates of return is accessible to all industry participants
  • Large experienced and well established service vendor presence and infrastructure

The Case For Chad

Corporate Strategy

Corporate Strategy

United’s strategy is to further advance the exploration and development of its oil and gas leases within the highly prospective African Rift System in Chad. Optimally located in the heart of Chad’s producing oil industry, United’s focus is to raise shareholder value through a robust process of planning exploration, appraisal and development activities with the intent of expanding the current oil resources base while exercising the most economic means available to bring existing oil production opportunities to market in Chad.

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