Permit Interests

a * denotes that the company is the operator for that area.

Australia

Perth Basin Interests

Area Company/ies %
L1/L2 (Hovea) Dongara and Yardarino Fields ARC Energy Limited * 100%
L1/L2 (Hovea) Other Fields & Exploration Area ARC Energy Limited * 50%
Origin Energy Developments Pty Ltd 50%
L14/EP413 (Jingemia) ARC Energy Limited 44.141%
Origin Energy Developments Pty Ltd * 49.189%
Victoria Petroleum NL 5.000%
Norwest Energy NL 1.278%
ROC Oil (WA) Pty Limited 0.250%
John Kevin Geary 0.142%
L11/EP320 (Beharra Springs) ARC (Beharra Springs) Pty Ltd * 33%
Origin Energy Developments Pty Ltd * 67%
L4/L5/PL6 (Woodada) ARC Energy Limited * 100%
L7 (Mt Horner) ARC Energy Limited * 100%
EP368 ARC Energy Limited * 75%
Origin Energy Developments Pty Ltd 15%
Westranch Holdings Pty Ltd 10%
EP437 ARC Energy Limited * 50%
CalEnergy NL 50%
EP452 ARC Energy Limited * 100%
TP/15 ARC Energy Limited 45%
ROC Oil (WA) Pty Limited * 20%
AWE Oil (Western Australia) Pty Ltd 25%
Westranch Holdings Pty Ltd 10%

Offshore Perth Basin Interests

Area Company/ies %
WA31L ARC (Offshore PB) Ltd 30.0%
ROC Oil (WA) Pty Limited * 37.5%
AWE Oil (Western Australia) Pty Ltd 27.5%
CIECO Exploration & Production (Australia) Pty Ltd 5.0%
WA286P ARC (Offshore PB) Ltd 30.0%
ROC Oil (WA) Pty Limited * 37.5%
AWE Oil (Western Australia) Pty Ltd 27.5%
CIECO Exploration & Production (Australia) Pty Ltd 5.0%
WA226P ARC (Offshore PB) Ltd * 65.0%
Mitsui E&P Pty Ltd 35.0%
WA368P ARC (Offshore PB) Ltd 50.0%
Nexus Energy Australia NL * 50.0%
WA256P1 ARC (Offshore PB) Ltd 18.3188%
Apache Northwest Pty Ltd * 81.6812%

1 Carnarvon Basin

Onshore Canning Basin Interests

Area Company/ies %
EP104/R1 ARC Energy Limited * 38.95%
Gulliver Productions Pty Ltd 14.80%
Indigo Oil Pty Ltd 5.50%
First Australian Resources Limited 8.00%
Pancontinental Oil & Gas NL 10.00%
Emerald Oil & Gas NL 12.75%
Phoenix Resources PLC 10.00%
EP129 Terratek Drilling Tools (a wholly owned subsidiary of ARC Energy Limited) 100.0%
L6/L8/PL7 (Blina) Terratek Drilling Tools (a wholly owned subsidiary of ARC Energy Limited) 100.0%
EP371 ARC Energy Limited * 100.0%
EP390 ARC Energy Limited * 100.0%
EP391 ARC Energy Limited * 100.0%
EP428 ARC Energy Limited * 100.0%
EP431 ARC Energy Limited * 100.0%
EP436 ARC Energy Limited * 100.0%
EP438 ARC Energy Limited * 5%1
Maneroo Oil Company Limited 57%
Empire Oil & Gas NL 19%
Indigo Oil Pty Ltd 19%
EP448 ARC Energy Limited * 5.00%1
Maneroo Oil Company Limited 42.50%
Empire Oil & Gas NL 23.75%
Indigo Oil Pty Ltd 19.00%
Uranium Oil & Gas 9.50%
EP442
EP443
EP450
EP451
EP456
ARC Energy Limited 10.0%
New Standard Exploration 90.0%
7/05-6 EP ARC Energy Limited 100.0%
1/07-8 EP ARC Energy Limited 100.0%
2/07-8 EP ARC Energy Limited 100.0%
3/07-6 EP ARC Energy Limited 100.0%
3/06-7 EP ARC Energy Limited 100.0%
4/06-7 EP ARC Energy Limited 100.0%

1 earning program to an equity of up to 75%

Offshore Bass Basin Interests

Area Company/ies %
T/L1 ARC (BassGas) Pty Ltd 12.5%
Origin Energy Resources Ltd * 42.5%
AWE Petroleum Pty Ltd 30.0%
CalEnergy Gas (Australia) Pty Ltd 15.0%
T/RL1 ARC (BassGas) Pty Ltd 12.5%
Origin Energy Resources Ltd * 42.5%
AWE Petroleum Pty Ltd 30.0%
CalEnergy Gas (Australia) Pty Ltd 15.0%
T-18P ARC (BassGas) Pty Ltd 12.5%
Origin Energy Resources Ltd * 41.4%
AWE Petroleum Pty Ltd 22.6%
CalEnergy Gas (Australia) Pty Ltd 23.5%
T-44P ARC (BassGas) Pty Ltd 40%
Origin Energy Resources Ltd * 60%

International

Onshore Yemen Interests

Area Company/ies %
Blocks 7 & 74 ARC Energy Holdings Ltd 21.25%
Oil Search (Yemen) Limited * 34.00%
Kufpec (Aden) Limited 21.25%
Yemen General Corporation for Oil & Gas 15.00%
Adelphi Energy (Yemen) Limited 8.50%
Block 35 ARC Energy Holdings Ltd 15.0%
Oil Search (Yemen) Limited * 32.5%
Virgin Resources Limited 37.5%
MND Exploration & Production Ltd 10.0%
The Yemen Oil Company 5.0%