Epstein Secrets

Feb 2016 10:56:30 +0000 Inline-Images: image001.jpg Description: Description: Good Morning ... European Markets up 25-150 bps (Russia $RTS +5.2%, Norway +2.3%, Swiss -0.30%, Ireland -0.74%, Greece -3.38%) ... NKY -0.85%, SHCOMP +1.53%, HSI +1.01%, KOSPI +1.35%, TWSE -0.84%, ASX +2.12% EUR 1.159 (+0.

NIl inline, dividend raised (trading +2.2%) • ING quarterly earnings beat estimates as economy improves, strong balance sheet (trading +10.2%) • Statoil O4 operating results better than ests, dps maintained, fcf breakeven lowered (trading +7.5%) • Astrazeneca profit meets estimates as Brilinta sales

nd, 23-27 January 2013 Ivonne A-Bald Secretary of State for the Yasuni-ITT Initiative of Ecuador Svein Aaser Chairman of the Board Telenor ASA Norway Florencio Abad Secretary of Budget and Management, Department of Budget and Management of the Philippines Mhammed Abbad Founder Al Jisr Moroc

ities Group Swiss Television SF The Wharton School, University of Pennsylvania Alcoa Inc. PZU SA Embassy of Denmark Silddeutsche Zeitung GmbH Statoil (UK) Limited The NASDAQ OMX Group Frankfurter Allgemeine Zeitung DLA Piper UK LLP Freshfields Bruckhaus Deringer Engage Turkey India Canada

is primarily driven from re-developed mature assets (Ekofisk II) as well as from the bringing on-line of several growth projects in both the UK and Norway. However, the longer-term viability of North Sea production growth is most strongly correlated with the successful (i.e. timely) development of the

of production growth in 2020). The chief risk to North Sea production on a go-forward basis will focus on managing declines. We note, however, that Statoil (covered by our European counterparts), alone, accounts for -20% of the oil production growth from the North Sea over the next 3 years and any anno