In April 2018, it became known that Armenian Oil and Gas Company received an exploration license for the 7,250 sq km Block 2 located in western Armenia. The license was awarded in late February 2018 and is valid for five years.  Armenian Oil and Gas Company received three years exploration licenses for Block 1 and Block 3 in northern Armenia in December 2017.
Armenian O&G Comp. received an exploration license for the Block 2 (7250kmÂ²) located in western Armenia.