9 January 2012 NSX Announcement African Petroleum Corporation Limited has been awarded one Exploration Permit in Côte d'Ivoire over one offshore block CI-513

African Petroleum Corporation Limited (NSX: AOQ) ("African Petroleum'' or the "Company"), a West African focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, African Petroleum Côte d'Ivoire Limited ("African Petroleum Côte d'Ivoire"), has entered into an agreement with the Société Nationale d'Opérations Pétrolières de la Côte d'Ivoire ("PETROCI") and the Republic of Côte d'Ivoire (the "State of Côte d'Ivoire") to acquire one offshore exploration permit covering block CI-513 ("Permit") as shown in the attached map.
Key points: