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<strong>PGS</strong> Value Drivers<br />

• Productivity & scale<br />

– Best-in-class vessel portfolio<br />

– Largest 3D MC library<br />

• Technology differentiator<br />

– Rolling out new technologies and<br />

businesses<br />

• Outstanding operational record<br />

– Increasingly rewarded<br />

• Proactive, countercyclical<br />

financial management<br />

– Value creation through the cycle<br />

Strong Underlying Fundamentals – Energy Demand –<br />

Low Reserve Replacement<br />

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