FOURTH QUARTER REPORT FOR PERIOD ENDED 31 DECEMBER 2013

Highlights

  • Record annual production of 87 million barrels of oil equivalent (MMboe), up 2.5% on 2012.
  • Global exploration strategy takes shape with new entries to Ireland and New Zealand.
  • Quarterly production of 23.2 MMboe, up 5.9% on Q3.
  • Sales revenue for the quarter was US$1,648 million, up 23.2% on Q3.
  • North Rankin Redevelopment Project achieved start-up during the quarter.
  • Pluto plant reliability and production exceeded all previous quarters.
  • The Vincent Floating Production Storage and Offloading (FPSO) vessel re-started production on 29
  • November.
  • Subsequent to the end of the quarter, on 2 January, Pluto loaded its 100th LNG cargo since the start of  LNG production in April 2012.

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