Upstream Guyana Development Plan

UPSTREAM GUYANA Leveraged proprietary technology and seismic interpretation to identify resource potential Previous partner drops out Hess/CNOOC farm-in 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019+ 2D Seismic acquisition 3D Seismic Interpreted hydrocarbon filled sands Potential contact- Keys to success Early acreage capture in high-risk frontier basin Approximately 40 third-party dry holes drilled Unique interpretation of basin genetics and hydrocarbon system using innovative technology Applied global learnings and expertise Liza Interpreted wet sands - 6

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