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2011 Goals – W. Canada*<br />
• Production and Revenue: 20% growth (excl. M&A) – Target 3300<br />
BOE/d<br />
• Reserves: 20% growth (excl. M&A) – Target 12 MM BOE<br />
• Lease Operating Expense: 15% reduction<br />
• F&D cost: Target below $11.00 / BOE<br />
• Double oil production<br />
• HSE: Double Y/Y capital spending while maintaining top 25% rating<br />
for reportable accidents and lost time injuries<br />
* based on $34 MM capital spending in Canada
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