Overview | McArthur River | Redoubt Shoal | Trading Bay | Kustatan

McArthur River Field (45% of production)

• 46.8% W.I. and operated by Chevron

• Multiple producing zones

• Historically undercapitalized asset

• Infill drilling, waterflood optimization, operating cost reductions

• Average net production during 2H of 2006 was 2,718 Bbls/d

• Oil gravity is 34 degree API

Infrastructure and facilities

• 4 platforms with 5 drilling rigs

• 43 producing wells

• 24 injectors

• 8,685 net acres

Development opportunities and production optimization (behind pipe)

• Tyonek, Hemlock, West Foreland and Jurassic