INVESTOR OPEN HOUSE INTERNATIONAL EXPLORATION MAY 2012
EXPLORATION KEY MESSAGES Global Exploration portfolio 9 billion boe unrisked prospective resources Accelerating transition on 3/boe F-Cost frame Successful track record Colombia material oil discoveries PNG growing gas…
SHAPING THE FUTURE OF INTERNATIONAL EXPLORATION Bubble size = indicative risked value Portfolio focused on value 0 and F-Cost Unconventional Unconventional Current portfolio all tested Kurdistan end 2013 Portfolio renewal…
PIEDEMONTE COMPLEX GROWING PRODUCTION TLM block Equin block Record liquids production of 31 mbd gross Niscota Discovery achieved in April 2012 Hurn-2 Hurn-2 Appraisal well 3 rigs now running Recent dev. well Hurn-3 Hurn-3 Major…
CPE-6 APPRAISING EXTENSIVE OIL DISCOVERY Carbonera Carbonera fluvial fluvial channels channels Analog to Rubiales Field CPO-12 Successfully completed 12 well CPE-6 strat program H-4 G-1 G-5 Production expected next year H-3…
KURDAMIR-1 / TOPKHANA-1 OLIGOCENE CROSS SECTION Topkhana Block Kurdamir Block Kurdamir-1 Kurdamir-2 Gas and condensate Topkhana-1 Oil DST 2 Potential oil DST 1 Kurdamir Kurdamir OGC OGC Possible Possible Topkhana Topkhana…
2012-2013 HIGH IMPACT EXPLORATION DRILLING Kurdistan Zagros Kurdamir-2 and Baranan-1 Appraisal drilling on Kurdamir Colombia Llanos heavy oil and Foothills Near-term Oil Hurn-2, Hurn-3, Akacias appraisal, CPE-6 appraisal, CPE-8…