EAST HORIZON GAS COMPANY

EHGC is a gas distribution and marketing company that operates the 128 km East Horizon gas pipeline through Akwa Ibom State and Cross Rivers State in south east Nigeria. EHGC also has a gas sales agreement with an industrial offtaker to supply up to 25 Million cubic feet of gas per day (“MMcfpd”), increasing to 50 MMcfpd upon completion of the planned expansion of the offtaker’s existing plant, under a 20-year gas sales agreement expiring in 2032.