Business Outlook 2017

BUSINESS OUTLOOK 2017

Figure 7: Monthly Production Trend

70

2014

2015

2016

60

50

40

30

20 Production (Million boe)

10

0

Jan Feb Mar

Apr

May Jun Jul

Aug Sep Oct

Nov Dec

Source: OGA

Figure 8: Drivers of Production Change

100

Restart

Existing Asset

2014 to 2015 +10.4%

New Start

Ceased

80

2015 to 2016 +4.7%

60

40

20

0

Net Production Change (Million boe)

-20

-40

Source: OGA

20