s set to open (Herrmann) Deutsche Bank Production outlook indicates substantial growth, driven by unconventional 1200 -21,000 lara Prelude mat Gorgon , e 800 2 Permian growth Y Canada growth Base decline (VVM 2.1%) • 600 .0 O 400 200 0 2016 2017 2018 2019 Source: Deutsche Bank La

iness, not least at a time when the company will be targeting material ($30bn) divestments. Divestments aside, project start ups are key - including Gorgon, Prelude and Kashagan. ■ RWE - RWEG.DE: Key downside risks include a further drop in the value of RWE's stake in innogy, lower power prices, a carb

503 charge per month 0155 IN 1.5%. of Ole moil Pemilled by Lew ed ary Post due balance not pee by !no data shown on page 1 of you stthment lath the Gorgon are levidelod di:magas ar4 are note penally. Etta Pay Option-Automatic Monthly Payment Terms and Conditions • WO) Easy Pay you aultalze vs to Chad p