EXPLORATION

The Company is willing to commit, subject to the required governmental approvals, to joint operations with the local governments and to explore new exploration techniques in order to commit to the highest environmental standards.

The investment committee of the SL Exploration has decided to participate in tenders for Offshore Petroleum Blocks in West Africa and is also exploring opportunities for the mining of bauxite and lignite.

Jointly with its investors and industry partners SL Exploration will also invest in the production and refining of oil & gas as well in the production of aluminum.