GEms is a well-defined low risk prospectivity in the multi-tcf basal Rottliegend play. A first exploratory well in the summer of 2017 indicated the presence of natural gas.

Non-operated working interest in 2 groups of shallow-water licenses: Geldsackplate and H&L Blocks.

Blocks 35-36-37 cover 16,068 sq km (4.4 million acres) offshore the Union of the Comoros, in water depths of 2,000-2,700 m. The blocks are, for comparison purposes, the size of the State of Kuwait.

The Petroleum Exploration Permit 38264 (PEP 38264) covers an area of 17,493 sq km (4.3 million acres) of the deep-water Canterbury Basin, offshore New Zealand. PEP 38264 is, for comparison purposes, the size of the State of Kuwait.

Discover Exploration Ltd has signed a farm-in agreement to acquire a 25% working interest share of a deep-water exploration block, located offshore West Africa (undisclosed). The transaction is pending joint-venture partner and governmental approvals.

Discover’s asset portfolio includes 2 high-impact exploration licenses offshore Denmark.