Oil Mining Lease (OML) 145 is located 113 kilometres offshore in water depths of 800-2,000 metres. It contains the deepwater Uge discovery, which holds 230 mmbbls of liquids and 560 bcf of gas. The operator, ExxonMobil and their partners are debating if and how it might be possible to develop Uge. Two other discoveries, Orso and Nza, were made on the block in 2008 and 2012, respectively. We believe both are sub-commercial due to their small size and distance from Uge.