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26 / 34

GOM Deepwater Prospects

Floyd/Invader

SGY 16% WI

GC 451

Enterprise

SGY 20% WI

Miocene Play - Green Canyon Area

Other Bidders Phinisi

Working Interest

Phinisi

SGY 20% WI

Petrobras Am Chevron Statoil ExxonMobil

SGY

20%

ENI (Op)

40%

Other

40%

2011-2012 Drill Well

Field

EUR

Jack St. Malo Stones Chinook Cascade Source: MMS

400 MMBOE 350 MMBOE 100 MMBOE 100 MMBOE 270 MMBOE

Lower Tertiary Play Walker Ridge Area Source: Petrobras, Offshore Journal

25

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