6 SURINAME GHANA SÃO TOMÉ and PRÍNCIPE MOROCCO WESTERN SAHARA SENEGAL MAURITANIA PHASE 1 Entering a new market PHASE 2 Exploring the block through site and seismic surveys PHASE 3 Undertaking exploration drilling PHASE 4 Appraisal drilling PHASE 5 Development PHASE 6 Production Year Ended (in thousands, except volume data) 2016 2015 2014 Revenues and other income $385,355 $471,556 $882,738 Net income (loss) (283,780) (69,836) 279,370 Net cash provided by operating activities 52,077 440,779 443,586 Capital expenditures 644,510 777,204 528,414 Total Assets 3,341,465 3,203,050 2,926,859 Total long-term debt 1,321,874 860,878 748,362 Total shareholders’ equity 1,081,199 1,325,513 1,338,959 Production (thousand barrels of oil per day) 19.21 23.4 23.4 Sales volumes (million barrels) 6.8 8.5 8.7 Total proved reserves (million barrels of oil equivalent) 77 76 75 Crude oil (million barrels) 74 74 73 Natural gas (billion cubic feet) 15 14 14 1 1.3 million barrels of lost production due to mechanical issues with the Jubilee FPSO turret bearing were paid to the company under its Loss of Production Insurance policy in 2016. FINANCIAL HIGHLIGHTS OIL AND GAS PROJECT LIFECYCLE TOTAL EMPLOYEES 2016 267 192 Total Employees U.S. Employees EMPLOYEE DISTRIBUTION United States: 71% Ghana: 17% Mauritania: 4% Morocco: 2% Senegal: 4% Suriname: 1% São Tomé and Príncipe: