EFTA01367330.pdf

31 May 2015 Integrated Oil US Integrated Oils Figure 15: Brazil and Canada: Exclude them and Non-OPEC crude production is down -1500 MMIard horn 2014-2020. include them and production is up 400 Mbid 43000 , 1 .r 1 r________, 38000 1 33C00 28000 23000 18000 13000 8000 3000 1 -2000 2014 2015E 2016E 2017E 2018E 2019E 2020E • GoM • Colombia • Non-OPEC Africa • Non-OPEC Middle East • Australia • Malaysia ell Indonesia • Other Non-OECD Asia • Russia • Caspian Sea i Total North Sea a Other Non-OPEC Latin America • Other i Mexico • China i India OTotal Canada 0 Brazil ▪ n'ell.11 Through 2017, the vast majority of this growth (-99%) is currently on-stream or under development, reducing the potential risk of low current oil price. Onshore projects remain the largest source of growth (36%), with deepwater projects representing an increasingly meaningful 35% of incremental barrels (vs. only 8% of current Non-OPEC production). f Figure 16: 99% of Growth from 2015-2017 of "Other Bbls" are either "Onstream" or 'Under Development"... N.Y. OMICOM III Figure 17: ...With the onshore remaining single highest 'source of growth SMIMMIdell 15% Seta Oast -* 14taditabseal* !EA apses Ice IsalLiMilleiVado PRIMA:gangly Savor Daalithe Bet MedA Oder" lEst walinIell Deutsche Bank Securities Inc. Page 11 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058862 CONFIDENTIAL SDNY_GM_00205046 EFTA01367330