Sherritt has a 20-year history of exploring and producing oil and gas primarily from fields in Cuba. During this time, we have developed an expertise and proven ability to find, develop and produce oil in Cuba’s complex fold and thrust-belt reservoir. All of our wells are directionally drilled and are located along the northern coast between Havana and Cardenas. Sherritt holds exploration rights under production-sharing contracts (PSCs), which are granted by the Cuban government. We currently hold 100% working interests in three PSCs.