Sequa Petroleum N.V. is an oil and gas company that focuses on taking discovered oil and gas reserves and resources from appraisal through to production. The Company is engaged in the exploration, appraisal, development and production of oil and gas assets, both onshore and offshore, in jurisdictions around the globe. Through Sequa Petroleum Kazakhstan LLP, it holds interest of the Aksai license in Western Kazakhstan. The Aksai contract area surrounds the Karachaganak oil and gas field. The Company drilled an exploration well in the Aksai contract area, which is located over 500 meters from the license boundary of the Karachaganak field. The Company through Tellus Petroleum Invest AS (Tellus) acquires a portfolio of interests in small and medium sized producing fields and discoveries on the Norwegian Continental Shelf. It also holds interests in Sequa Petroleum (Kazakhstan) LLP, Tellus Petroleum AS, CHC Energy plc, CHC Energy (Kazakhstan) LLP and Sequa Petroleum Europe Limited.