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 Jeremy Smith Director 832/636-1544 Bill Tedesco Manager 832/636-3375 Bob Daniels EVP,…
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…
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…
Building on Our Track Record of Success in 2013 Initial Guidance 2013 Actuals Sales Volumes (MMBOE) 279 - 285 285 Capital (Billions)* 7.2 - 7.6 7.7 1 Reserve Replacement 150+% 194% F&D1 15/BOE 13.55/BOE Announced 4.5 Billion in…
U.S. Onshore: Accelerating Value and Enhancing Margins 12% Sales-Volume Growth to 12/BOE Reserve-Replacement Cost 584,000 BOE/d in 2013 32,000 Barrels per Day Liquids Growth Wedge Volumes Added at 35,000 per Flowing BOE/d…
Mega Projects: Delivering High-Impact Growth and Cash Flow Consistent, On-Time, On-Budget Delivery Standardized Process, Technology and Equipment Accelerating Value Lucius - 556 Million Carried Interest Heidelberg - 860 Million…
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: Expansion Projects Under Way 1.7+ Billion Barrels of Gross Oil Produced TEN: Second Major Oil Development Enhanced Value from TPE Resolution Significant El Merk…
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 27 Deepwater Exploration/Appraisal Wells Testing New Plays Expanding the Portfolio 67% Success Rate North Africa 15 MM Acres Gulf of Mexico 3 MM…
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…
Strengthening the Balance Sheet 3.7 Billion Cash on Hand Planned and Opportunistic Monetizations 4.5 Billion Announced or Closed in 2013 Anticipate Periodic WES and WGP Transactions 500 Million Asset Sale Completed from APC to WES…
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…