On 20th March 2000, an Exploration and Production Sharing Agreement 'EPSA' was concluded between the consortium members (PDOC Partners) from one side and the Government of Sudan from the other.
On 11th November 2000, an amendment to the EPSA was made. The Government of Sudan terminated Melut Petroleum Company's contract as it had not been able to fulfill its obligations, subsequently part of the company¿s equity was assigned to CNPC International (Nile) (23% of the participating interest), a company incorporated under the laws of Bahamas. The remaining equity of the company was assigned to Al-Thani Corporation (23%), a company incorporated under the laws of the United Arab Emirates.
On 14th November 2001, Al-Thani divested part of its equity to CNPC International (Dar) a company incorporated under the laws of the British Virgin Islands (18% equity) and kept the remaining 5%.
On 30th September 2002, Petronas Carigali Overseas Sdn Bhd, a company incorporated under the laws of Malaysia, farmed-in into the blocks with 40% equity through the acquisition of 87% of Gulf Petroleum Company equity in the blocks.
On 5th August 2003, CNPC International (Nile) assigned 100% of its interest in the area to CNPC International (Dar).
On 26th February 2004, Gulf Petroleum Company assigned its remaining 6% share in the contract area to Sinopec International Petroleum Exploration and Production Corporation, a company incorporated under the laws of the People Republic of China.