12

2015 2014 2013 Revenue (Millions of euros) 706 1,066 503

Adjusted operating profit (Millions of euros) (96) 283 436

Capital expenditure in the year (Millions of euros) 543 2.643 386

Working interest production (Thousands of barrels per day)

108.1 106.9 87.9

Net entitlement production (Thousands of barrels per day)

70.5 60.5 42.6

CHAPTER 2 Who we are Exploration and production

Key highlights in 2015

Realization of development and exploration campaign in G5/43 block in Thailand.

1 First deep offshore well in Suriname.

5

Reduction by 5% in structural costs and by 20% compared to budget.

2 Acquisition of 1,437 square km seismic 3D in Blocks 665 and 717 in Brazil.

6

Drilling of 10 wells in Caracara that have increased production by 2.8%.

3 Extension of water treatment facilities at Caracara Sur and Jaguar (+50,000 barrels of water a day).

7

Start-up of BMS oilfield: 12,000 barrels a day (plateau).

4