MedcoEnergi has improved operating margins as a result of cost efficiency and a better, more streamlined
organization. Our Company is on track to sustain current levels of production and profitability through completion
of major projects on time. The commissioning of these major projects, starting with the Donggi Senoro Gas and
LNG projects in 2015, followed by the completion of Block A Gas project and Area 47 Libya oil project both
in 2017 and Cosmos/Yasmin project in Tunisia which is slated for its completion in 2019, will assure the Company’s near to medium-term growth prospects.