African Petroleum grants extension to Liberia farm-in agreement schedule

African Petroleum Corp. has agreed to a request to extend the proposed completion date of an agreement to farm-in to its 100% owned offshore Liberian LB-08 license.

Offshore staff

LONDON –African Petroleum Corp. has agreed to a request to extend the proposed completion date of an agreement to farm-in to its 100% owned offshore Liberian LB-08 license.

The extension is for approximately three months. Completion of thefarm-in transaction is subject to contract and a number of conditions, which, apart from one pertaining to approval from the Liberian government, is now scheduled to be completed on June 30, 2015.

03/24/2015

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