November 1997 - MOU with The Assam Company Limited of India, conducted technical evaluations of a 1900 sq. km exploration/development block (AA-ON/7), and a 53 sq. km. development oil and gas field (Amguri) in NE India

May 1998 - Acquired a 65% interest in AA-ON/7

June 2003 - Acquired a 60% interest in Amguri PSC

November 2004 - Canoro takes over operatorship of Amguri

April 2005 - Workover program commenced at Amguri by Canoro

May 2005 - Canoro (30%), with partners, Geopetrol (30%) and NTPC (40%), win AA-ONN-2003/2 block under NELP V

January 2006 - First Amguri oil production from A-5, A-6

2007 - First phase of Amguri appraisal drilling - A-10, A-11 wells

June 2007 - Joint study agreement with ONGC for Changpang and Nagaland properties

2008 - Second phase of Amguri appraisal drilling - A-13, A-12, A-14

February 2009 - Withdraw application to extend AA-ONN/7, relinquishing block