Intr

oduction

BG

Gro

up’s

investm

ent

pro

positio

n

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lea

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ve

stm

en

t p

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n

Sp

ecia

lism

in

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on

all

y D

ivers

ifie

dIn

teg

rate

d E

nerg

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usin

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Hig

h G

row

th R

ate

s

8%

6%

Capital in

vestm

ent

•2

01

0

–Tota

l capex

of

$9.2

bn

–A

cquis

itio

ns a

nd a

sso

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ted c

apex

of

$1.5

bn

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011

-20

12

–$10.0

bn

in 2

011

–$11

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2012

–B

razil,

Austr

alia

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Outlook

Inve

stm

en

t in

gro

wth

25

E&

P: Tanza

nia

Port

folio

for

gro

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xcelle

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pla

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–ca 2

8,0

00 s

q k

m (

ca 1

40 U

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locks)

•F

irst tw

o w

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successfu

l

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ignific

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–R

ange o

f pla

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to b

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red

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d t

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upply

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isphere

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ext

ste

ps

–Test

Blo

ck 1

pro

spects

–A

ggre

gate

gas d

iscoveri

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En

co

ura

gin

g r

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lts –

exp

lora

tio

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rive

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y L

NG

str

ate

gy

72

BG

Gro

up

inte

rests

050

100

km

Tan

zan

iaB

lock 1

Chew

a-1

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nd

ing

exp

lora

tio

n li

ce

nce

ext

en

sio

n a

pp

lica

tio

ns o

n B

locks 3

& 4

Blo

c

Blo

ck 4

*

Blo

ck 3

*

Pw

eza

-1