Key Messages and 3Q Highlights Delivering organic growth with differential value Record Quarterly Sales Volumes of 293 MBoe/d DJ Basin, Marcellus, West Africa, and Israel delivered records 13 percent increase from 2Q 13 Record…
Core US Onshore Horizontal Production Track record of accelerating growth MBoe/d 100 Horizontal Volumes up 61 MBoe/d from 4Q 2011 75 50 25 0 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 DJ Basin-Horizontal…
Dantzler Prospect Mississippi Canyon 782 High-impact well currently drilling Louisiana Louisiana Results Anticipated in 4Q 2013 NBL Operated (45% WI) Gross Unrisked Resources of Mississippi Canyon 50 220 MMBoe Mississippi…
Elko County, N.E. Nevada Next growth possibility in U.S. Wilson Tight Oil Play Project 350,000 net acres (100% WI) 190 1,400 MMBoe (P75 P25) Great Basin gross unrisked resources Drilling Underway Pilot test program to determine…
Marcellus Wet Gas Activity Accelerating drilling and completions in liquid-rich areas SHL13: 7-well Pad Drilling Majorsville SHL17: 6-well Pad Washington County NBL JV Area Completing PA WFN6: 8-well Pad OH SHL1,3,6 Producing…
Marcellus Operated Pads Increasing lateral well lengths Avg. Lateral Ft. 10,000 Avg. Lateral Length in 2013 up to 7,000 Feet Costs per Lateral Foot Drilled Down 15% 8,000 6,000 4,000 2,000 0 SHL 1 SHL 3 SHL 6 WEB 4…
Web-4 Pad in Majorsville Strong performance against type curves Mcfe/d 60,000 45,000 30,000 15,000 0 0 30 60 90 120 Actual Production 5.6 Bcfe Type Curve 4.3 Bcfe Acq. Model Type Curve Note: excludes 3…
DJ Basin Acreage Exchange Creating synergies that maximize value Northern Colorado Exchange Greater Area Wattenberg Post-Trade NBL Acreage APC Acreage Joint Operating Area Pre-Trade 12
Wells Ranch and East Pony Areas Continued strong performance with tighter spacing Standard Reach Laterals (Approx 4,000 ft.) Boe/d 500 Avg Distance to Year Closest Well (ft) 2013 685 2011-2012 855 375 2013 Wells 2011-2012…
Wells Ranch Central Processing Facility Completed construction and commissioning underway 14
Big Bend Development in Deepwater GOM Sanctioned for initial production in late 2015 Troubadour Big Bend Dantzler 15
4Q Sales Volume Expectations Underlying growth led by US development MBoe/d 300 ** 280-285 250 200 150 3Q 13 DJ Basin Marcellus DW GOM Israel West Africa Storm 4Q 13E Adjusted** Seasonal Lifting Impacts Demand…