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Baraka Provides Heron-1 Drilling Update

Source: www.gulfoilandgas.com 11/14/2006, Location: Africa

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Baraka Petroleum Limited has been provided with an update on the drilling of Heron-1 within Coastal Block 20 in Mauritania byoperator and joint venture partner CNPC International Mauritania Limited (CNPCIM). This update is as follows:

The land-drilling rig ZJ50LDB operated by drilling operator GWDC (Great Wall Drilling Company) has continued drilling the CNPCIM operated Heron-1 exploration well in coastal Block 20 onshoreMauritania, West Africa.

On 13th November 2006, the well was drilling ahead at a depth of 939metres in 12 inch hole.

The well has encountered largely claystone dominated sequences with recurring limestone intervals to the current depth of 939 metres.

The primary objective for Heron-1 is at approximately 2000m in Cenomanian sandstones and a secondary target at approximately 3600m in Aptian sandstones and limestone.

The Total Depth (TD) of the Heron-1 well is proposed at 3800m. The drilling of exploration well Heron-1 is expected to take approximately 3 months to complete to a depth of 3,800m and will include four casing strings.

CNPCIM is a wholly owned subsidiary of CNPC International Limited (CNPCI) and is Operator of Block 20 with 65% interest. Baraka Petroleum's interest in Block 20 is 35%.

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