2009-08-18-2008-02-01-2008-02-01

Acquired 50% WI in Dussafu Marin PSC offshore containing 680,000 acres in up to 1,000 feet of water.

Harvest Natural Resources Inc., Houston, (NYSE: HNR) has acquired a 50% working interest in the Dussafu Marin exploration production-sharing contract offshore Gabon from Sasol Petroleum West Africa Ltd., Johannesburg, South Africa, for an undisclosed price. The contract contains 680,000 acres in up to 1,000 feet of water. The co-venturers recently entered the three-year second exploration phase of the contract, effective May 28. The second phase includes the acquisition and processing of 500 kilometers of 2-D seismic, geology and geophysical interpretation and the drilling of a conditional well. Harvest president and chief executive James A. Edmiston says, "The Dussafu PSC lies within an active proven hydrocarbon basin containing significant production and infrastructure in contiguous blocks and provides Harvest with exposure to multiple medium- to low-risk exploration plays and a pre-existing small oil discovery." Harvest operates primarily in Venezuela.