Introduction

Africa Oil Corp. (“AOI” or the “Company”) is committed to operating in a safe and environmentally responsible manner. We put the protection of people and property first and comply with all legislation and good industry practices.

The Company recognizes that oil and gas activities may result in disturbances to the environment in its areas of operation. Therefore, we are committed to protecting and sustaining the environment and seek to minimize our potential impact.

Objectives

Our goal is to ensure that activities for which we are responsible cause no harm to our people or our host communities and that we minimize our impact on the environment.

Environmental Principles

The Company is committed to minimize the impact of its activities on the surrounding natural environment. Protection of the environment is an essential element of operational planning and execution. This Policy sets out objectives and expectations applicable to all our activities:

  • Operate as responsible stewards in compliance with local legislative requirements and work in accordance with good industry practice.
  • Avoid, minimize, mitigate or remediate the environmental impacts of our activities in accordance with the mitigation hierarchy.
  • Improve efficiency where possible in the use of raw materials, energy and natural resources.
  • Identify, monitor and where possible minimize emissions.
  • Ensure any discharges to the natural environment meet relevant environmental standards.
  • Minimize impacts on biodiversity and ecosystems.
  • Maximize operational efficiency and enhance waste management through the promotion of recycling and reuse.
  • Ensure diligence in responding to environmental incidents.
  • Develop and maintain an Emergency Response Plan for the protection of our operating environment, the prevention of pollution, and the protection of workers, contractors and host communities.
  • Decommission, reclaim and rehabilitate our sites in a timely manner in line with local legislative requirements.
  • Provide environmental awareness training for all employees and contractors so that they can conduct their tasks and duties with a full comprehension of the environmental issues on site.
  • Regularly set and review objectives and targets for improved environmental performance.
  • Operate a formal Environment Management System (‘EMS’).

Where we have operational control, all activities will be planned and implemented in accordance with the more stringent of national regulatory requirements and the Performance Standards on Environmental and Social Sustainability of the International Finance Corporation. Where we do not have operational control, we will work with our operating partners to the extent possible to ensure that activities are undertaken in a manner consistent with this Policy.

Environmental goals will be achieved by selecting and implementing best available techniques for our operations, implementing pro-active monitoring systems and processes, and raising the awareness and responsibilities of our staff in relation to these goals.

Biodiversity

Africa Oil recognizes that oil and gas activities may result in disturbances to the vegetation and wildlife in the areas of operation. We will assess and put measures in place to minimize our environmental impact in line with the mitigation hierarchy and, where appropriate, undertake offsetting measures to ensure that our activities lead to a no net loss of important biodiversity and habitats.

Application & Accountability

This Policy applies to Africa Oil Corp. and its subsidiary companies. The Company’s Chief Operating Officer has overall responsibility for the implementation and enforcement of this policy.

Senior leadership within the Company and its subsidiaries are accountable for the implementation of and adherence to this Policy.

The Company will develop an appropriate management system to implement this Policy, and measure performance as part of a process of continuous improvement.

The Company will work with its Operating Partners to support their use of environmental management systems that are consistent with this Policy.

The Chief Operating Officer is responsible for providing leadership and direction to achieve Health & Safety goals, targets and objectives and for implementation of the performance review process.

The Board of Directors will provide oversight of implementation of this Policy.

This Policy will be communicated to our employees, Operating Partners, contractors and relevant stakeholders. All employees and contractors are responsible for conducting their work in conformance with this Policy.