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growth SMIMMIdell 15% Seta Oast -* 14taditabseal* !EA apses Ice Is al LiMilleiVado PRIMA:gangly Savor Daalithe Bet Med A 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
019E 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
in America Other Asia OECD China Australia Malaysia Angola GoM Caspian Sea Brazil Canada Sotto* Dainthe Bert IJ ■ ■ -500 0 500 1000 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058861 CONFIDENTIAL SDNY_GM_00205045 EFTA01367329
I 7 Cumulative Growth (Mbid) Figure 14 2014.2020 Cumulative Growth (Mbrkt Mexico MI Non-OPEC Mickile East Colombia ■ North Sea • Alaska r Caspian Sea India Europe Non-OECD Other Non-OECD Asia Angola Other FSU Australia Other Non-OPEC Latin America Other Europe OECD China Indonesia Other
.(1011,1400101 OW IS Wigs Fina•••••••••• OrinaMIti V al IPASMILn C••••••• MPS* II Nil all 0 it Sane Oatsets Sn lited Afecianoi Page 48 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058899 CONFIDENTIAL SDNY_GM_00205083 EFTA01367366
ility project) are expected to partially offset declines. Primary Risks In our view, the primary risks to the 2015-2020 production outlook for the Caspian Sea include delays to unsanctioned projects amid lower crude prices as well as increased operational delays associated with the restart of the Kashagan
rt 150D Bar a11. "... 1243 BS OM .Brno win tenth woo" ;rotas •1%e4 n exlme tees San* Dante es* MixellacIanz4. /C4 Sala, Deal. Dent Moo Abastr. Deutsche Bank Securities Inc. Page 4/ CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058898 CONFIDENTIAL SDNY_GM_00205082 EFTA01367365
31 May 2015 Integrated Oil US Integrated Oils Caspian Sea, ex Russia Production from the Caspian Sea is largely concentrated around a few mega projects in Kazakhstan and Azerbaijan (with smaller contributi
Entities connected to both Deutsche Bank Securities Inc. and Caspian Sea

Marc Rich
PERSON
Ehud Barak
PERSON
George W. Bush
PERSON
Malaysia
LOCATION
Columbia University
LOCATION
Xi Jinping
PERSONNon-OPEC
ORGANIZATION
Mao Zedong
PERSON
Sarah Ferguson
PERSONAnnie Farmer
PERSON
North Sea
LOCATION
Angola
LOCATION
Kazakhstan
LOCATION
Samaria
LOCATION
Barack Obama
PERSON
Alaska
LOCATION