In early 2013, we initiated a process to explore strategic alternatives to maximize the value of our international businesses in Southeast Asia.

6% of 2012 Total Company Proved Reserves
15% of 2013e Total Company Production
17% of 2013e Capital Budget:
International offices: Kuala Lumpur, Malaysia
and Beijing & Shekou, China.

We have several active oil developments offshore Malaysia and China. Our net international production at year-end 2010 was approximately 19,000 BOPD.

We have an interest in approximately 2.5 million gross acres (936,000 net) offshore Malaysia and approximately 404,000 gross acres (385,000 net) offshore China.

Our PM 329 development, Piatu, is expected to commence production in late 2011. We have a 70% operated interest in the development.

We also are developing our "Pearl" discovery (initial production 2013) in the Pearl River Mouth Basin of China.