Key Figures

2014

2015

2016

barrels oil equivalent (million)

(Source: Wood Mackenzie)

Production

6.5

7.3

7.1

Commercial reserves at 31-12

89.7

79.0

75.2

Reserves replacement

14

-2.5

2.4

Reserves replacement ratio

215%

-34%

34%

Major Acquisitions

Catcher Area 10% (UK - Asset deal)

UK 28th Offshore Expl. Round

Exited Beatrice

Malaysia Lundin Farm-in

Denmark 7th Exploration Round

Major Divestments

-

-

-

New Projects (NP) /

Fields closed in (FCI)

NP: West Franklin phase-2

NP: A18 gas field (NL)

FCI: Athena (UK), Beatrice (UK), Jacky (UK)

NP: A12-A18 gas infill campaign (NL)

Reserves
distribution

Developed Dyas equity reserves of 79.9 million BOE
per December 31, 2016 (Source: Wood Mackenzie)

21% UK Mariner
19% UK Stella
15% UK Buzzard
13% UK Catcher
9% NL AB blocks
7% UK Elgin Franklin, West Franklin
6% UK Golden Eagle
5% NL Oil & UK/NL Other
4% NL K4K5