Genesis Petroleum Corporation PLC
20 February 2006




GENESIS PETROLEUM CORPORATION PLC

Agreement to access seismic data

Genesis Petroleum Corporation Plc ("Genesis" or "the Company") entered into
an agreement, on 16 February 2006, with one of the world's leading offshore 
seismic data providers, to access modern offshore 3D seismic data from a data 
library of approximately 150,000 square kilometres covering proven 
hydrocarbon basins offshore Norway, Denmark, Netherlands, Germany and the UK.

Seismic data is the primary tool used by oil and gas companies in the search for
hydrocarbons. 3D seismic data can be interpreted to generate a three-dimensional
model of the earth's sub-surface which is then used to determine the likelihood
of oil and gas deposits and the optimum drilling location for their
exploitation.

The Company believes that access to the data on the terms agreed and review by
Genesis technical staff will give it a significant advantage exploring for oil
and gas in the region. Genesis believes that its technical review of data over
specific areas, at minimal initial cost, will enable it to be technically more
objective and focused in its selection of, and application for, offshore acreage
in the region. The Company also believes the agreement will allow it to have
better informed discussions with other oil companies about potential joint
ventures and farm-in arrangements, without the usual expense of acquiring
seismic data.

Speaking for Genesis, Gerry Harrison (CEO) said:

"This Agreement complements our existing agreement with another seismic data
provider which covers 50,000 square kilometres of mainly internationally located
seismic data and provides Genesis with access to a total data base of 200,000
square kilometres of 3D seismic. The data provides the Company with a fantastic
regional perspective which allows us to be very selective about taking acreage
positions and developing farm-in opportunities. We intend to apply for offshore
acreage only where we already have an informed view of its prospectivity based
on the latest 3D technology. This reduces the exploration risk.

In addition, this agreement gives us the dual advantage of both reduced cost as
we only incur significant fees when we win acreage as well as a reduced time to
drilling since a significant amount of the technical work will have already been
done.  We have already demonstrated the benefits of this type of agreement by
winning five Blocks in the North Sea and forming partnerships with Lundin
Petroleum and ConocoPhillips. This latest agreement allows us further
opportunity to selectively win good acreage and form strong partnerships."

20 February 2006