Operations with Strong and Increasing
Cash Flow
(1) The average gross price the KE’s oil is sold for, before adjustment for the Group’s working interest, royalty or other taxes, operating costs or cost recovery amounts. (2) Operating cash flow before working capital changes
10
Increasing
Revenues
Revenues ($m)
139
183
262
193
211
2011 2012 2013 9M 2013 9M 2014
Annual
9 Months
Solid OCF
per bbl
Operating Cash Flow per bbl ($)
(2)
73
80
77
66
74
2011 2012 2013 9M 2013 9M 2014
Annual
9 Months
105
107
106
105
103
2011 2012 2013 9M 2013 9M 2014
High
realised
price
Average Realised Price per bbl ($)
(1)
Annual
9 Months
Operating Cash Flow ($m)
(2)
95
131
190
120
152
2011 2012 2013 9M 2013 9M 2014
Annual
9 Months
Strong cash
flow
generation
69% 72% 72% 62% 72%
OCF
margin
High Margin Production
Increasing Cash Flow Generation
