Dominion is currently undertaking a 2D-seismic survey on part of its Tanzania Production Sharing Agreement (‘PSA ‘) areas. In November, Dominion’s contractor Upstream Petroleum Services Ltd. began acquisition of approximately 230 km of seismic in the northern part of Mandawa.

The objective of this survey is to better define a large sub-surface feature identified on the 2006 survey, which the company believes may be a large carbonate build-up, and to identify further drilling targets. The survey will be completed by the end of February.

Dominion has also commenced preparation of the site for the Mihambia-1 well to be drilled in the second half of 2008. Construction of an access road to the site is almost complete.

On the 3rd of January 2008, the seismic vessel ‘Geomariner’ completed the acquisition of approximately 4,325 km of 2D seismic on the Company’s offshore License, Block 7. The purpose of this survey is to identify drilling targets for further analysis using 3D seismic.

In Uganda, the Company has commenced environmental impact work prior to undertaking acquisition of 500km of 2D-seismic in Block 4B during mid-2008. This seismic would fulfill the Company’s commitments under the first period of the PSA of two years.

Mike Garland, Chief Executive of Dominion Petroleum, commented:
“Dominion Petroleum is a company that seeks quickly and efficiently to carry out and fulfill its work commitments. This is what we are doing here. We are very excited about these regions and look forward to the results of our seismic programmes and moving forward to work up drillable targets.”

ENQUIRIES:

Dominion Petroleum Limited
Mike Garland, Chief Executive
+44 (0)20 7659 0455

Rob Shepherd, Finance Director
+44 (0)20 7659 0455

Pelham Public Relations
Archie Berens
+44 (0)20 7743 6679 / +44 (0)7802 442 486

Seymour Pierce Limited
David Newton
+44 (0)207 107 8000

Tristone Capital Limited
Nick Morgan
+44 (0)207 355 5800