31.05.2013 Views

IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013

IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013

IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

DELIVERING 20% HYDROCARBON PRODUCTION GROWTH<br />

WITH STABLE CAPEX*<br />

9.8<br />

Upstream CAPEX, $/boe Hydrocarbon production, MMtoe<br />

-12%<br />

8.6<br />

+1%<br />

8.7<br />

2010 2011 2012<br />

<strong>IFRS</strong> <strong>FINANCIAL</strong> <strong>AND</strong> <strong>OPERATING</strong> <strong>RESULTS</strong> <strong>FOR</strong> <strong>FIRST</strong> <strong>QUARTER</strong> <strong>2013</strong><br />

+13%<br />

-11% +20%<br />

33.6<br />

37.9<br />

+6%<br />

40.3<br />

2010 2011 2012<br />

*Excluding JV (hydrocarbon production volumes and CAPEX);<br />

the calculation of Upstream CAPEX $/boe does not include payment for acquisition/enterance of Novoport and Kurdistan projects in 2012.<br />

11

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!