A N A D A R K O P E T R O L E U M C O R P O R A T I O N INVESTOR R E L AT I O N S JOHN COLGLAZIER Senior Vice President 832 636 2306 JEREMY SMITH Director 832 636 1544 SHANDELL SZABO Director 832 636 3977 APPENDIX w w…
WES & WGP: 11 Billion Value for Anadarko Anticipate Periodic Transactions 5.5 BILLION* LP UNIT VALUE WES Independently Funds Significant Midstream Expansions OWNED BY ANADARKO Provides Visible Cash Source Anadarko 1,200 5+…
DJ Basin: World-Class Asset CONSOLIDATED CORE ACREAGE DJ BASIN WITH MINERALS-INTEREST UPLIFT Net Acres: 350,000 1.5+ BBOE Net Resources 4,000 Identified Drilling Locations COLORADO LIGHT OIL OIL Leveraging Competitive Advantages…
Delaware: Doubling Net Resources & Lowering Costs DELAWARE BASIN Gross Acres: 610,000 Net Acres: 255,000 OIL-RICH PLAY WITH 2+ BBOE Net Resources YEARS OF DEVELOPMENT POTENTIAL Maintaining Top-Tier Acreage NEW MEXICO TEXAS TEXAS…
U.S. Onshore: Reducing Activity to Preserve Value DJ BASIN MARCELLUS GREATER NATURAL PLANNED ACTIVITY BUTTES 2015 2016E PLANNED ACTIVITY PLANNED ACTIVITY 7 Rigs 1 Rig 2015 2016E 2015 3 Frac Crews 2 Frac Crews None None 2016E 1…
Midstream: Integration with Upstream Creates Value Enables Asset Operational Control YEAR-END 2015 PROCESSING PIPELINES THROUGHPUT GATHERING CAPACITY Ensures Timely Well Connections 18,000 5+ 350 4 Miles Bcf/d MBOPD Bcf/d Improves…
Best-In-Class Project Management Delivers Value Lucius at Full Capacity DESIGN ONE: BUILD TWO Heidelberg Achieved First Oil 1Q16 LUCIUS Sanction to First Production: 3 Years Caesar/Tonga Adding Incremental Oil Volumes Mozambique LNG…
Upgraded Deepwater Rig Fleet Enhances Efficiency RIG FLEET 2016 2017 2018 2019 2020 Noble Bob Douglas Rowan Resolute Noble Bob Douglas Bolette Dolphin Ocean BlackHawk Ocean BlackHornet Ocean BlackHornet w w w. a n…
Gulf of Mexico: Enhancing Value Through Tiebacks Focused on Capital-Efficient Tiebacks GOM NET SALES VOLUMES 2015 2016E 30+% BTAX ROR 15 - 30 Development Well Inventory TOTAL (MBOE/D) 85 73 - 76 Advancing Appraisal Opportunities…
Ghana & Algeria: Growing Higher-Margin Oil GHANA & ALGERIA GHANA ALGERIA AFRICA WAWA HBNS CPF Planned FPSO Location TEN Complex Jubilee Unit APC WI Block BLOCK 19% WI TWENEBOA 24% WI TEAK Oil Field 404A PK0 Gas Condensate…
MOZAMBIQUE Mozambique LNG: Reducing Uncertainty Gross Acres: 1+MM Enormous Recoverable Resources AFRICA 75+ Tcf in Offshore Area 1 AREA 1 Scalable Onshore Development to 50+ MMTPA Attractive Cost Advantages Close Proximity to…
Exploration: Creating Unmatched Value with Optionality Net Discovered 6.5 Resources BBOE 10 Billion Monetized 14 Capital Invested Billion Resources Retained 5 BBOE Net Production 250 MBOE/d DRIVING VALUE EXPLORING APPRAISING…
Gulf of Mexico: Positioned for Continued Success PHOBOS SHENANDOAH BASIN WARRIOR 1 Appraisal Well 2 Appraisal Wells 1 Exploration Well Potential Tieback to Lucius Evaluating Development Options Potential Tieback to Marco Polo K2 Unit…
COLOMBIA Colombia: Opportunity Rich Gross Acres: 16MM GRAND FUERTE (50% WI) GRAND COL (100% WI) SOUTH GRAND AMERICA COL COL 6 COL 7 COL 5 PURPLE 3D Phase II ANGEL GRAND 13,000 km2 FUERTE (2016) FUERTE NORTE APC WI…
Non-GAAP Reconciliation Net Debt to Adjusted Capitalization The Company defines net debt as total debt less cash and cash equivalents. Net debt for Anadarko excluding Western Gas Equity Partners, LP (WGP) is Anadarkos Consolidated net…
Non-GAAP Reconciliation Adjusted Discretionary Cash Flow from Operations (Adjusted DCF) The Company defines adjusted discretionary cash flow from operations as net cash provided by (used in) operating activities adjusted by changes in…
Non-GAAP Reconciliation Finding and Development Costs The Company defines finding and development (F&D) costs as total costs incurred divided by reserve additions. In addition, the Company will use several variations of this…