Permian Basin Consolidation and Strategic Acreage Acquisition

CONCHO Annual Production (MMBoe) 1.2 0.1 2006 - 2011 43% CAGR 7.1 5.0 3.9 10.9 15.6 23.6 28.7-29.8 2004 2005 2006 2007 2008 2009 2010 2011 2012e Track Record of Production & Reserve Growth Proved Reserves (MMBoe) 17.9 12.5 91.0 77.8 2006 - 2011 38% CAGR 137.3 211.5 2004 2005 2006 2007 2008 2009 323.5 2010 2011 386.5 14

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