Performance Scorecard 
The Company’s key financial performance metrics were chosen as outperformance on these capital efficiency focused metrics 
are highly correlated to long-term total shareholder returns.  The bonus targets, performance and results along with the resulting 
payouts below were related to performance during the year ended 31 December 2013 and paid during 2014 . The discretionary 
payout earned was determined based on the level of achievement of multiple company goals, including , but not limited to,  
strategic objectives over reserve, acreage and asset growth , cost control, balance sheet liquidity  and treasury management , 
financial reporting, acquisitions and divestitures, and process improvement. 
 
Resulting Payouts for the year ended 31 December 2013: 
Name 2013 Salary 
STI Target  
(% of Salary) 
Achievement of 
Financial Goals  
(Company 
Performance 
Score) 
Total STI Payout 
($) (1) 
E. McCrady $275,000 100.0% 86.7% $240,000 
C. Anderson $225,000 75.0% 86.7% $147,000 
G. Ford $230,000 75.0% 86.7% $150,000 
(1) STI payout was calculated at actual performance score and then rounded to next thousand; reflects actual amounts paid. 
  
Financial Performance 
Metric  
   
Year Ended 31 December 2013 
   A B C D E = C x D 
 
   Rationale  
Performance 
Target 
Actual 
Performance 
Target 
Weighting 
Payout 
Earned 
Weighted 
Score 
Production / 1,000 
weighted average 
debt adjusted share   
Increased production per 
debt adjusted share 
promotes capital efficient 
growth of profitability and 
cashflow 3.16 2.60 15.0% 0.0% 0.0% 
Return on capital 
employed (ROCE)    
Maximizing return on capital 
employed creates a culture 
of return oriented, full-cycle 
investment decisions 5.5% 6.3% 20.0% 128.0% 25.6% 
Net asset value / 
debt adjusted share    
Increases in net asset value 
per debt adjusted share 
increase the long-term value 
of each shareholders 
investment 74.6% 82.4% 20.0% 120.9% 24.2% 
Cash margin    
Efficient operations drive 
cash flow for reinvestment 
and long term sustainability 63.8% 65.9% 15.0% 106.3% 15.9% 
Discretionary      30.0% 70.0% 21.0% 
Total Weighted 
Achievements 
 
   100% 
 
86.7% 
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