Our Energy Segment is comprised of long- lived, lower-decline rate and lower geologic risk conventional oil and gas assets 8 Energy Segment Results reflect impacts of commodity pricing and recent asset sales Decrease in average sale prices of 36% and 31% in oil and natural gas liquids, respectively, as compared to the prior year quarter Segment operating loss, excluding impact of impairments, reduced considerably from 2nd quarter of 2015 Cost controls and strong operational oversight continue Production levels are being managed to preserve the maximum protection of value Next redetermination taking place this quarter
