Afren plc acquires interest in the Tanga Block, Tanzania

Client

Petrodel Resources Ltd

Date

March 24, 2011

On 24 March 2011, Afren plc announced its acquisition of a 74 per cent operated working interest in the Tanga Block, Tanzania, from Petrodel Resources Limited.

Fasken Martineau advised Petrodel Resources Limited in this transaction with a team led by Yomi Akinjide and Steven Beharrell, assisted by Zehra Kasapoglu, Laura Bradley, and Raymond Xu.