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Insurance Underwriters Roadshow 2012 January - Petrotrin

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2011 Business Review<br />

� 2011 Audit being completed – Unaudited Profit approximately<br />

US$353 million<br />

� 2010 Audit completed – US$25 million Loss recorded due to<br />

impairment of US$178 million on WGTLTL asset<br />

� GOP Project - 99.4% completed; ULSD Project – 88% completed<br />

� Acquisition of 3D seismic on land and increased drilling activity in our<br />

E&P operations<br />

� Integrated EHS management system based on ISO standards using<br />

Arpel’s SIGAS & SI as a reference benchmark tool<br />

� All Contractors to be STOW Certified<br />

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