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PRODUCTION UPDATE FEBRUARY 2022

Updated: Apr 13, 2023

MASIRAH OIL LTD-PRESS RELEASE


Muscat, 17 March 2022: Masirah Oil Limited (“MOL”) today announced that gross oil production in February 2022 from the Yumna Field in offshore Block 50 Oman, amounted to an average of 6,919 stock tank barrels per day (stb/d) over nine days (Full month average: 2,237 stb/d).


Production was halted for 19 days in February 2022 to carry out a planned change of the floating storage tanker.


MOL is the Operator and holds a 100 per cent interest in Block 50 Oman.


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