2010-04-09-2010-02-15

To acquire interests in onshore Tanzanian assets.

Maurel & Prom, Paris, (Paris: MAU) plans to acquire Tanzanian interests from Dominion Petroleum Ltd. (London AIM: DPL) in exchange for drilling commitments.

The farm-in agreement will result in Maurel & Prom earning a 40% interest in the Mandawa license, increasing its interest to 90%; and a 35% carried interest in the Kisangire license, which is operated by Heritage Oil Plc (55%). Dominion's interest in each license will decrease to 10%.

Maurel & Prom will also earn an additional 10% interest in the Mandawa license for 100% ownership as a result of the Tanzanian government's decision that the company's exploration expenses incurred on other licenses could be carried over to the Mandawa license.

Dominion chief executive Andrew Cochran says, "This agreement with Maurel & Prom constitutes active portfolio management and is part of the corporate repositioning recently undertaken. It significantly reduces Dominion's financial commitments for 2010 and allows us to focus more attention on our higher impact exploration assets in Uganda and offshore Tanzania. We plan to increase activity in these two core areas during the course of this year."