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2013 HALF-YEARLY RESULTSMauritania core campaign drilling this yearSignificant play diversity in Mauritania acreage• 80 prospects with risk spread through multiple plays• Light oil & gas-condensate already proven in the basin• Testing new & deeper plays for bigger & better reservoirsFour independent exploration wells in 2013• Frégate:– Turonian turbidite channel over a structural nose which follows up onPetronia wet-gas kick at Cormoran-1• Tapendar:– structurally stacked Lower Miocene to Cretaceous targets in a saltmini-basin, like Mars Field (Gulf of Mexico)• Sidewinder:• Ibis:– material stratigraphic trap, Cretaceous lower-slope fan, like T.E.N.– stacked turbidite channels enhanced by structural trapping & chargedby possible southern oil kitchenSlide 38
2013 HALF-YEARLY RESULTSWest Africa Transform Margin campaign extended to GuineaGuinea• Acquired significant operated acreage position; 1.5 times existing WATM acreage• Play diversity offsets exploration risks; large structural-stratigraphic traps & carbonate leads• Sylli and Eos prospects competing for wildcat well drilling by early 2014Côte d’Ivoire• “TEN-type” exploration potential following Paon-1 success in CI-103• Paon-2 exploratory appraisal well to spud in CI-103 during 2014, Calao-1 was unsuccessfulSlide 39
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