Epstein Secrets

den Triangle ▪ Brazil sub-salt play likely to introduce significantly more demand over next 2-3 years B 28 additional rig requirements claimed by Petrobras B US$174Bn E&P capex plan offering numerous business opportunities I Emerging prospects in S.E. Asia, Mediterranean and Black Seas, and deeper mo

c Drilling Management Biographies Chris Beckett, CEO Chris has nearly twenty years experience in the energy industry, including over ten years with Schlumberger in a series of international management roles with increasing responsibility, three years at McKinsey & Co. providing strategic and operating advice

pillar 39,984 36,013 34,420 (1,593) 0.66% Tesco 39,130 42,479 36,519 (5,960) 0.70% Groupe Danone 37,588 40,077 35,973 (4,104) 0.69% Petrobras (ADRS) 34,664 60,454 45,505 (14,949) 0.87% Raiffeisen Intl Bank Holding 33,878 12,814 10,383 (2,431) 0.20% Schlumberger 30,007 35,601

973 (4,104) 0.69% Petrobras (ADRS) 34,664 60,454 45,505 (14,949) 0.87% Raiffeisen Intl Bank Holding 33,878 12,814 10,383 (2,431) 0.20% Schlumberger 30,007 35,601 31,046 (4,555) 0.59% Halliburton 29,963 41,278 33,634 (7,645) 0.64% E.ON 29,866 18,992 13,998 (4,994) 0.27% Exxon Mob

ced against higher project risk. - Swirling currents in Latin America. The one soft spot is LatAm where margins should appreciably improve in 2015. Petrobras has agreed to re-tender the drilling contracts on lower activity levels, with costs right-sizing by 2Q15. Mexico reform is getting close and onshor

2/3rds of the 18,000 new hires globally this year will be in North America. We believe this gives the diversified service companies (which includes Schlumberger and to a lesser extent Baker Hughes) a distinct advantage over the smaller players. In an isolated example, a customer in the Marcellus stopped usi