PERFO RM A N CE SU M M A RY 
Year Ended 31 D ecem ber 
20 1 4 As % 20 1 3 As % 
FIN A N CIA L (In $000’s) 
O il, gas and N G L sales $  1 5 9,793 $    85 ,345  
A djusted EB ITD A X (% of sales) 1 26 ,373 79% 5 2,5 94 6 2% 
N et cash provided by operating activities 1 28,0 87 6 2,6 46  
Capital investm ent: 
D evelopm ent and production assets $  338,36 6  $  21 7,5 1 4 
Exploration and evaluation expenditures 72,75 5  1 6 5 ,1 42  
TO TA L $  41 1 ,1 21  $  382,6 5 6 
Cash $    6 9,21 7 $    96 ,871  
B orrow ing capacity 1 5 ,0 0 0  33,0 0 0  
Total Liquidity $    84,21 7 $  1 29,871  
Total assets $  796 ,5 20  $  6 25 ,16 9 
D ebt to A djusted EB ITD A X $  1 30 ,0 0 0  1 .0 3 $    30 ,0 0 0  0 .5 7 
Shareholders’ equity $  435 ,0 0 6  $  347,241  
O PERATIO N A L 
Proved reserves (Contant Case): 
O il (M bbls) 1 7,0 26  6 6 % 1 2,95 6  6 2% 
N G L (M bbls) 4,1 6 6  1 6 % 2,6 83 1 3% 
N atural gas (M m cf) 28,733 1 8% 30 ,6 5 5  25 % 
TO TA L (M boe) 25 ,981  20 ,748 
D aily production: 
O il (B bls) 4,5 89 6 9% 2,26 7 75 % 
N G L (B bls) 734 1 1 % 26 3 9% 
G as (M cf) 7,86 9 20 % 2,91 5  1 6 % 
TO TA L (B oe) 6 ,6 35  3,0 1 5  
Realised price (net of royalty and transportation): 
O il (per B bl) $      86 .5 6  $      95 .92 
N G L (per B bl) 32.24 33.46  
G as (per M cf) 3.42 2.97 
TO TA L (per B oe) $      71 .22 $      79.1 0  
$100,000
$200,000
$300,000
$400,000
$500,000
$50,000
$100,000
$150,000
$200,000
5,000
10,000
15,000
20,000
25,000
30,000
SALES AND 
ADJUSTED EBITDAX 
EXPLORATION AND 
DEVELOPMENT (000’s) 
PROVED RESERVES 
(Constant Case) (Mboe) 
I Oil, natural gas and NGL sales
I ADJUSTED EBITDAX 
I Exploration and evaluation
     expenditures (incl acquisitions)
I Development and 
      production assets
I Oil and NGLs (Mbbls)
I Natural gas (Mboe)
 2013 2014  2013 2014  2013 2014 
$85,345
$159,793
$126,373
$165,142
$72,755
25%
18%
82%
75%
$338,366
$217,514
$52,594
1,000
2,000
3,000
4,000
5,000
6,000
7,000
DAILY PRODUCTION 
(Mboe) 
I Oil and NGL (Bbls)
I Natural gas (Mboe)
80%
20%
16%
84%
 2013 2014