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mmboe2013 HALF-YEARLY RESULTSConverting Resources - portfolio management and developmentYear End Group Reserves and Resources2,0001,8001,6001,4001,2001,00080060040020002009 2010 2011 2012Uganda Commercialised Contingent Resources Commercial Reserves2012 YE Reserves and Resources 1,203 mmboe• Commercial Reserves - 388 mmboe- TEN transferred to Reserves - 112 mmbo• Contingent Resources - 815 mmboe- Uganda Resources commercialised - 604 mmboe- Additions to Resources - 71 mmboeTotal Resource potential 6.0 billion boe• Commercial Reserves - 6% of total• Reserve and Contingent Resource life ~37 years• Risked Prospective upside c.4.8bn boe - 60% increaseEurope and Asia6%1,203mmboeCommercialReserves29%6.0 bnboeCommercialReservesContingentResourcesContingentResources65%RiskedProspectiveUpsideSlide 36
2013 HALF-YEARLY RESULTSMozambique offers exciting opportunities with play diversity• <strong>Oil</strong> seeps to west & oil shows to north in recentIronclad-1• Rifted transform margin with broad play diversity– Large structural highs– Carbonate potential– Onlapping stratigraphic traps– 2 possible kitchens, one inboard, the other outboard• “Ibo High” 3D seismic: multiple follow-up prospects• Two wildcats and sidetrack planned for 2013– Cachalote-1 (with Haliote sidetrack): Q3 2013– Second well to followSlide 37
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