ANADARKO TUNISIA BEKS

CO.

Shale Gas for Tunisia

Tom FletcherVice President & Exploration Manager

Anadarko Tunisia BEKS Company

Anadarko Petroleum Corporation

www.anadarko.com | NYSE: APC

Anadarko Petroleum Corporation

www.anadarko.com | NYSE: APC

Anadarko Petroleum Corporation

www.anadarko.com | NYSE: APC

Anadarko U.S. Resource Plays

ANADARKO TUNISIA BEKS

CO.

Tunisian Opportunity

Frasnian Resource Play

Anadarko Petroleum Corporation

www.anadarko.com | NYSE: APC

Eagle Ford Trend: SW Texas, USA

Anadarko acreage position

ANADARKO TUNISIA BEKS

CO.7

EKA-1: The “1st” Well in an Eagle Ford sized Play

Eagle Ford APC Holdings: (Flipped in E-W direction)

388,000 Gross Acres272,000 BOE/D 2015

Cochina

CatarinaRanch

CheckerboardEKA-1

RSA-1

12 miles

20 kilometers

ANADARKO TUNISIA BEKS

CO.8

Successful Shale Gas Production Profile*

~ 500 MMcf/d

or

~80,000 BOE/d

45 year

production plateau

Source: McDowell Group (2012) Potential Economic Benefits of Anadarko

Tunisia BEKS Shale Gas Development & Production in Tunisia

*Projection using a model that

assumes a 250 billion cubic meter resource

ANADARKO TUNISIA BEKS

CO.9

Estimate Gas Production Trend: Tunisia

7000

6000

5000

4000

3000

2000

1000

Ga

s P

rod

uctio

n (

mill

ion

cu

bic

me

ter

/ ye

ar)

Source: McDowell Projections (based on Wood Mackenzie & Anadarko Tunisia BEKS Co. 2012 data)

2010 2015 2020 2055 2030 2035 2040

Potential Incremental Production increase from a successful shale program

Estimated Decline Rate

ANADARKO TUNISIA BEKS

CO.10

Successful Shale Gas Revenue Profile

Source: McDowell Group (2012) Potential Economic Benefits of Anadarko

Tunisia BEKS Shale Gas Development & Production in Tunisia

Total Government Revenues: 47 Billion Dinars

ANADARKO TUNISIA BEKS

CO.11

Successful Shale Gas Employment Impact

Source: McDowell Group (2012) Potential Economic Benefits of Anadarko

Tunisia BEKS Shale Gas Development & Production in Tunisia

ANADARKO TUNISIA BEKS

CO.12

Anadarko is a leader in shale gas Exploration & Development Drilled thousands of wells responsibly and safely Increased net production from 2,000 to 345,000 BOE/d in 5 years

Exploration data on the BEKS block indicates the FrasnianShale as a high potential shale gas reservoir Excellent source rock Good maturity for gas/condensate production Very good porosity

Tunisia has an opportunity to generate wealth and opportunity with a successful shale gas development

Summary