A N A D A R K O P E T R O L E U M C O R P O R AT I O N INVESTOR RELATIONS CONTACTS: John Colglazier Vice President 832/636-2306 Brian Kuck Manager 832/636-1397 Bill Tedesco Manager 832/636-3375 Frank Patterson VP,…
Anadarkos Competitive Advantage Values-Based Culture with Focus on Safety and Continuous Improvement Predictable, Repeatable U.S. Onshore; Low-Cost Operator High-Margin Oil Mega Projects World-Class Exploration Active Portfolio…
A Portfolio with Balance, Scale and Unparalleled Optionality Predictable, Repeatable Advancing Next- World-Class U.S. Onshore Generation Mega Projects Exploration Higher-Margin Liquids High-Margin Oil High-Impact Targets Driving…
Anadarko Delivered Outstanding Results in 2012 Predictable, Repeatable Growth 268 MMBOE Sales Volumes: 8% YOY Growth 434 MMBOE Reserve Adds for 14.65/BOE* Efficiency Improvements 28% YOY U.S. Onshore Drilling-Efficiency Improvement…
Anadarko is Positioned to Deliver in 2013 Sales Volumes (MMBOE)* 279 - 287 Capital (Billions)** 7.2 - 7.6 Reserve Replacement 150+% F&D 15/BOE Demonstrated Liquids Growth 2013 Capital Allocation by Area 10% Liquids CAGR 350 60%…
Predictable Growth, Expanding Margins and Value Upside Confident in 5 - 7% Production CAGR through 2020 at Current Prices Achieved through Identified and Producing Assets Increased Growth Potential with Sustained 4.50+ Natural Gas…
U.S. Onshore: Accelerating Value and Enhancing Margins 10% Sales-Volume Growth to 12/BOE Reserve-Replacement Cost 570,000 BOE/d 35% Growth in Oil Volumes Wedge Volumes Added at 35,000 per Flowing BOE/d Allocating Capital to…
Wattenberg: Accelerating 15+ Billion of Value 350,000 Net Acres in Core Wattenberg 1.0 to 1.5 BBOE Net Resources Larimer 4,000 Horizontal Drill Sites 350 MBOE EUR per Well Morgan Optimizing Lateral Lengths, Spacing and Completions…
Wattenberg: Expanding Infrastructure Advantage Year-End 2012 Infrastructure Oil Takeaway Capacity Aligned with Production Growth Gas Gathering Pipelines 3,000 Miles 120 (Illustrated through 1Q14) Oil Gathering Pipelines 32 Miles 100…
Eagleford: Delivering Significant Growth 400,000 Gross Acres 600,000 BOE EUR per Well 200,000 Net Acres 2,500+ Identified Drill Sites 65% Liquids Composition Large-Scale Infrastructure Additions 200 MMcf/d Brasada Plant Expected…
Mega Projects: Delivering High-Impact Growth and Cash Flow Advancing Identified Mega Projects Consistent, On-Time, On-Budget Delivery 180 Estimated Sales Volumes (MBOE/d) Standardized Process, Technology and Equipment…
Gulf of Mexico: Enhancing High-Margin Oil Projects Caesar/Tonga Heidelberg 200 - 400 MMBOE Resource 200 - 400 MMBOE Resource Shenandoah Basin Emerging Development Area 1 Billion Capital Avoided by Expected Capital Carried through…
Ghana and Algeria: High-Margin Oil Producers Ghana Algeria Jubilee: Producing 110,000 BOPD 1.7 Billion Barrels of Gross Oil Produced TEN: Second Major Oil Development to Date Enhanced Value from TPE Resolution El Merk Achieved First…
Mozambique: Advancing Toward 50 MMTPA DISCOVERED MASSIVE RESOURCE 35 to 65+ Tcf of Recoverable Natural Gas CONFIRMED RESERVOIR QUALITY AND DELIVERABILITY Wells Capable of Producing 100 - 200 MMcf/d SIGNED HOA WITH AREA-4 OPERATOR…
Exploration: Focusing on Play-Opening Opportunities Leveraging Exploration Success 2013 Net Discovered Resources Target: 800+ MMBOE Testing New Plays Expanding the Portfolio 25 Deepwater Exploration/Appraisal Wells North Africa…
Mozambique: Focusing on Upside Potential 6 MM Gross Acres Exploring Full Stratigraphic Column Low-Dip Stratigraphic and Moreia Structural Traps Linguado A 2013 Planned Activity Espadarte 4 - 5 Exploration Wells MOZAMBIQUE 2 - 3…
Kenya: Testing a New Deepwater Basin 6 MM Gross Acres KENYA Potential for Oil Very Large Traps Significant Follow-On Prospects L-11A Farm-Out Recovered Historical Costs Partial Drilling Carry Kiboko A KIBOKO-1 A A A Upper…
Gulf of Mexico: Expanding Success GULF OF MEXICO Outstanding Success in Shenandoah Basin 3MM Gross Acres Phobos Discovery Drilling First Norphlet Test at Raptor Raptor 50% WI Haleakala Norphlet 67% WI Miocene Stromboli…
Exploration: Creating Unmatched Value and Optionality NET DISCOVERED RESOURCES 5+ BBOE 2004 - 2012 CAPITAL INVESTED 8 Billion MONETIZED 8 Billion 200 MBOE/d Net Production VALUE RETAINED 4 BBOE Resources Lucius Heidelberg…
Exercising Financial Discipline 3.7 Billion of Cash on Hand as of 1Q13 2013 Capital Investments within Cash Flow Cash Flow Protected with Tactical Hedges Planned and Opportunistic Monetizations 1.2+ Billion of Monetizations in…
Providing Transparent Growth with Unmatched Optionality Values-Based Culture of Safety and Continuous Improvement Predictable, Repeatable U.S. Onshore; Low-Cost Operator High-Margin Oil Mega Projects World-Class Exploration Active…