| Front Cover | 1 |
| Corporate Profile | 2 |
| Letter to Shareholders | 3 |
| Performed by Schlumberger | 5 |
| Drilling as a Science | 7 |
| Understanding Rock Mechanics | 8 |
| To Find Oil, You Have to Drill | 9 |
| Increasing Drilling Intensity—The Role of Technology | 9 |
| Improving Drilling Performance—The Need for Integration | 11 |
| Optimizing the Workflow—From Technology to People | 11 |
| Engineering for Reliability—Learning from Others | 13 |
| Continuing to Lead—Excellence in Execution | 15 |
| Reducing Operational Risk—Putting It All Together | 17 |
| Form 10K | 19 |
| Board of Directors | 107 |
| Corporate Officers | 107 |
| Corporate Information | 107 |
| Back Cover | 108 |