2009 Highlights Achieved Record Sales Volumes of 220 MMBOE Increased Sales Volumes by 7% Over 2008 Spent 35% Less on Near-Term Projects Added 314 MMBOE of Proved Reserves Before Price Revisions and Divestitures Replaced 140% of…
Validating the Vision Achieved Record Full-Year Sales Volumes 220 MMBOE in 2009 vs. 206 MMBOE in 2008 Strong volumes in the Rockies Improved run times in the Gulf of Mexico Reduced LOE per BOE by 20% Year-over-Year 4.23 per BOE…
Global Exploration Success Announced Nine Deepwater Discoveries in 2009 Mahogany Deep (Ghana) Vito (GOM) Heidelberg (GOM) Venus (Sierra Leone) Shenandoah (GOM) Lucius (GOM) Tweneboa (Ghana) Itaipu (Brazil) Samurai (GOM) 5…
Global Drilling Success The Next Generation of Mega Projects Four Odum 2 (Ghana): Potential Subsea Tieback to Jubilee Successful M4 (Ghana): Extended Jubilee Reservoirs Appraisal Wells Mahogany Deep 2 (Ghana): Discovered New Oil…
Financial Results Continuing Operations Millions Net Income (Loss) from Continuing Operations Attributable to Common Stockholders Cash Flow** 781 869 520 229 21 (45) 4Q09 4Q08 4Q09 4Q08 4Q09*** 4Q08*** Reported Reported…
Setting the Stage for 2010 and Beyond Record Sales Volumes Differentiating Deepwater Exploration Success Visible Growth from Sanctioned and Emerging Mega Projects Advancing U.S. Shale Plays Predictable Reserve Adds and Production…