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HR_29012014_Exploration_Day_2014_CNMV_tcm7-670726

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RRR (%)<br />

Mboe<br />

2400<br />

2013<br />

Continue notable improvement in reserve replacement,<br />

without exhausting contingent resources bank<br />

2000<br />

1600<br />

1200<br />

1404<br />

1581<br />

1509<br />

2120<br />

Contingent Resources 3C (Mboe)<br />

Contingent Resources<br />

3C (Mboe)<br />

800<br />

764<br />

Contingent Resources (Mboe)<br />

400<br />

0<br />

93<br />

241<br />

437<br />

2005 2006 2007 2008 2009 2010 2011 2012<br />

Mboe<br />

240<br />

200<br />

240%<br />

200%<br />

Reserve Replacement<br />

Ratio<br />

160<br />

120<br />

80<br />

160%<br />

120%<br />

80%<br />

P<br />

R<br />

40<br />

40%<br />

©<br />

0<br />

0%<br />

8<br />

2008 2009 2010 2011 2012

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