www.anadarko.com NYSE: APC ANADARKO PETROLEUM CORPORATION INVESTOR RELATIONS CONTACTS: John Colglazier Vice President 832/636-2306 Clay Gaspar Manager Al Walker 832/636-2541 President and Chief Operating Officer Wayne Rodrigs…
www.anadarko.com NYSE: APC Our Premier Balanced Portfolio is Built to Deliver Our Strategy is Working: Identify and Commercialize Resources Explore in High-Potential, Proven Basins Employ a Global Business Development Approach…
www.anadarko.com NYSE: APC Built for Sustainable Growth and Value 11+ BBOE 10.5+ BBOE De-Risked Exploration Mozambique 3.5+ BBOE Exploration West Africa 3.5+ BBOE Accelerate Production Shales Brazil and Reserves Growth…
www.anadarko.com NYSE: APC Predictable Reserves Generator Capital-Efficient Base More Than Replaces Production Mega Projects and Shales Accelerate Reserves Growth 3+ BBOE of Proved Reserves by Year-End 2014 4 3+ BBOE 2.4…
www.anadarko.com NYSE: APC Mega Projects Deliver Differentiating Value 400 Estimates Based on 90/Bbl and 4.50/Mcf Sales Volumes (MBOE/d) Significant Oil Volumes and Reserves Robust Economics and Margins World-Class Projects…
www.anadarko.com NYSE: APC 2011 Expectations Guidance Sales Volumes (MMBOE) 245 - 248 Capital* (Billions) 6.1 - 6.4 Reserve Replacement 150+% By Area By Type Midstream/ Midstream/ Other Other 20% 20% Near-Term Base GOM…
www.anadarko.com NYSE: APC Strength of Balance Sheet Ended 3Q11 with 3.5 Billion of Cash on Hand Access to 5-Year 5 Billion Credit Facility Generated Free Cash Flow in 3Q11 9
www.anadarko.com NYSE: APC Capital-Efficient U.S. Onshore Portfolio Base Assets Accelerating Value From Shales 25+ Tcfe Resource Base Premier Acreage Position Scaleable Programs Production and Reserves Enhancing Margins and…
www.anadarko.com NYSE: APC Tremendous Shales Growth 10+% of Total Company Sales Volumes at Year-End 2011 Significant Reserves Growth Engine Robust Economics Shales and Growth Plays 80 EAGLEFORD Net Sales Volumes (MBOE/d)…
www.anadarko.com NYSE: APC Eagleford: Stellar Growth 450+ MBOE Average EUR Gross Acreage: 400,000 2,000+ Identified Drill Sites TX Net Acreage: 200,000 Infrastructure Backbone in Place 2011 Planned Activity Concentrated in…
www.anadarko.com NYSE: APC Marcellus Shale Growth Engine Marcellus Shale Play Significant Outperformance 1+ BBOE Net Risked Resources Gross Acreage: 760,000 NEW YORK Improving Average EURs PENNSYLVANIA Net Acreage: 260,000…
www.anadarko.com NYSE: APC Wattenberg HZ: A Superior Growth Opportunity Horizontal Niobrara / Codell Program COLORADO 350,000 Net Acres 500 Million to 1.5 Billion BOE Wattenberg Net Resources Field 1,200 2,700 Horizontal…
www.anadarko.com NYSE: APC Wattenberg HZ: Powerful Returns and Value 500 Million to 1.5 Billion BOE Net Resources Plan to Accelerate Activity in 2012 1,600 Type Well 96% WI, 88% NRI Ramp to 7+ Horizontal Rigs 350 MBOE EUR 7MM+ BTAX…
www.anadarko.com NYSE: APC Our Big Boys are BIG 2+ BBOE Net Risked Resources Gross Resource Potential in MMBOE Itaipu Wahoo 200+ 300+ Mozambique Gas Dev Cost / BOE Vito 200+ Heidelberg 200+ 15-30+ Tcf El Merk Jubilee…
www.anadarko.com NYSE: APC Creating Value Through Exploration 2004 - 2010 Net Risked Resources Discovered: 3.5 BBOE Exploration Capital Spent: 6 Billion Exploration Monetization: 8 Billion Transitioning 25+ Billion of…
www.anadarko.com NYSE: APC Focused Exploration in High-Potential Basins Deliver 500+ MMBOE of Net Risked Resources 25+ High-Impact Deepwater Exploration / Appraisal Wells Deep, Multi-Year Inventory of Identified Prospects WEST…
www.anadarko.com NYSE: APC Ghana: Line of Sight to Next Development Gross Acreage: 0.6 MM Jubilee Producing ENYENRA 3A Successful Appraisal 5 Additional Major TEAK 3 OWO & Successful Discoveries Successful Appraisal Sidetrack…
www.anadarko.com NYSE: APC West Africa: Multi-Billion-Barrel Potential Planned Activity: Sierra Leone / Liberia Cte dIvoire Drill Jupiter Prospect -- Sierra Leone Drill Kosrou Prospect -- CI-105 Drill and Core Mercury Appraisal…
www.anadarko.com NYSE: APC Mozambique: Advancing a World Class Discovery 15 - 30+ Tcf Estimated Recoverable Resources Barquentine 2-Rig, Accelerated Drilling Program Windjammer Advancing 2-Train LNG Camaro Facility Expandable…
www.anadarko.com NYSE: APC Mozambique: Building Upon Success Complete 3D Seismic Coverage Enchova Linguado Data Integrated into Geologic Model Enchova Substantial Running Room West 15+ Identified Prospects and Leads Cavala…
www.anadarko.com NYSE: APC The Next Mega Project: Lucius KEATHLEY CANYON WALKER RIDGE 300+ MMBOE Gross Resources LUCIUS UNIT Future Facility 793 794 First Mover on Infrastructure (APC WI 35%) 874 875 876 877 Constructing…
www.anadarko.com NYSE: APC Positioned for the Future Accelerating Value from Capital-Efficient Base Realizing Tremendous Growth from Shale Plays Developing Sanctioned Mega Projects Advancing Next-Generation Mega Projects…