Financial Information

Highlights and Summary of the Preliminary Results for the period ended
31 December 2009

	2009	2008	Change
(US$ Millions, unless stated)
Revenue	623.5	706.1	(12%)
Operating profit	314.4	474.0	(34%)
Profit for the period	259.0	369.0	(30%)
Capital expenditure	320.0	288.0	11%
Net cash generated from operating activities	500.3	578.6	(14%)
Basic EPS (US cents)	50.3	71.8	(30%)
Cash and term deposit balance	1,137.6	875.7	30%
Debt	0.0	0.0	nil

Landmark production of 50,000 bopd reached at the turn of 2009-10
Average daily rate of production rose 9% to 44,765 bopd compared to 40,992 bopd in 2008
Eight development wells completed during 2009 with two rigs employed full-time
New Dzheitune (Lam) B platform completed with plans to support 8 new wells by 2011
Additional slots on Dzheitune (Lam) A platform installed
Dzheitune (Lam) 63 platform refurbished and upgraded
Construction of 30 inch, 40 km oil and gas trunkline and Phase 2 expansion of Central Processing Facility is ongoing and expected to be completed during H2 2010

Plans to complete up to 11 wells in 2010 and up to 40 development wells, including five appraisal wells
Target annual production growth of 15% in 2010 and 10% to 15% on average in 2010-12
Plans to install two additional wellhead and production platforms over next 2-3 years
Capital expenditure for oil infrastructure in 2010-12 estimated at US$600-700 million, including US$250 million allocated for 2010 projects
Continue progress made in commercialisation of gas resources
Pursue diversification of asset base with focus maintained on quality and strategic fit