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Pursuant to Item 401(b) of Regulation S-K, the information required by this item with respect to our executive officers is set
forth in Part I of this Annual Report on Form 10-K.
Item 11.
Executive Compensation
The information required by this item is set forth in the sections entitled “Election of Directors—Director Compensation,”
“Executive Compensation” and “Corporate Governance” in the 2016 Proxy Statement, which sections are incorporated herein by
reference.
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
The information required by this item is set forth in the sections entitled “Security Ownership of Certain Beneficial Owners and
Management” and “Executive Compensation—Equity Compensation Plan Information” in the 2016 Proxy Statement, which sections
are incorporated herein by reference.
Item 13.
Certain Relationships and Related Transactions, and Director Independence
The information required by this item is set forth in the section entitled “Corporate Governance” and “Certain Relationships and
Related Transactions” in the 2016 Proxy Statement, which sections are incorporated herein by reference.
Item 14.
Principal Accounting Fees and Services
The information required by this item is set forth in the section entitled “Ratification of Appointment of Independent Auditors”
in the 2016 Proxy Statement, which section is incorporated herein by reference.
GLOSSARY OF SELECTED OIL AND GAS TERMS
“2-D seismic data”
Two-dimensional seismic data, being an interpretive data that allows a view of a vertical cross-section beneath a
prospective area.
“3-D seismic data”
Three-dimensional seismic data, being geophysical data that depicts the subsurface strata in three dimensions. 3-
D seismic data typically provides a more detailed and accurate interpretation of the subsurface strata than 2-D
seismic data.
“Angola PAL”
Angola Petroleum Activities Law.
“Appraisal well”
A well drilled after an exploration well to gain more information on the drilled reservoirs.
“Barrel”
A standard measure of volume for petroleum corresponding to approximately 42 gallons at 60 degrees
Fahrenheit.
“Bbl”
Barrel.
“Bcf”
Billion cubic feet.
“Below-salt”
A term encompassing both subsalt, as used in connection with the U.S. Gulf of Mexico, and pre-salt, as used in
connection with offshore West Africa.
“Block 9 RSA”
Risk Service Agreement governing Block 9 offshore Angola.
“Block 21 RSA”
Risk Service Agreement governing Block 21 offshore Angola.
“Block 20 PSC”
Production Sharing Contract governing Block 20 offshore Angola.
“Blowouts”
Blowout is the uncontrolled release of a formation fluid, usually gas, from a well being drilled, typically for
petroleum production.
“BOEPD”
Barrels of oil equivalent per day. Natural gas is converted on the basis of six Mcf of gas per one barrel of crude
oil equivalent. This ratio reflects an energy content equivalency and not a price or revenue equivalency.
“BOPD”
Barrels of oil per day.
“Btu”
British thermal unit.
“Completion”
The procedure used in finishing and equipping an oil or natural gas well for production.
