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Glossary
A
B
- bll
-
Barrel
- bcf
-
Billion cubic feet
- boe
-
Barrels of oil equivalent
- boepd
-
Barrels of oil equivalent per day
- bopd
-
Barrels of oil per day
C
- CMS
-
Caister Murdoch System
- CMS III
-
A group development of five satellite fields linked to CMS
- CR
-
Corporate Responsibility
- CSO
-
Civil Society Organisation
- CNOOC
-
China National Offshore Oil Corporation
D
- DLT
-
Development Leadership Team
- DoA
-
Delegation of Authority
- DRC
-
Democratic Republic of Congo
- DSBP
-
Deferred Share Bonus Plan
E
- EA
-
Exploration Area
- E&E
-
Exploration and evaluation
- E&A
-
Exploration and Appraisal
- E&P
-
Exploration and Production
- EBITDA
-
Earnings Before Interest, Tax, Depreciation and Amortisation
- EHS
-
Environment, Health and Safety
- EMS
-
Environmental Management System
- ERC
-
Energy Resource Consultants
- ESOS
-
Executive Share Option Scheme
F
- FEED
-
Front End Engineering and Design
- FPSO
-
Floating Production Storage and Offloading vessel
- FRC
-
Financial Reporting Council
- FRS
-
Financial Reporting Standard
- FTG
-
Full Tensor Gravity Gradiometry
- FTSE 100
-
Equity index whose constituents are the 100 largest UK listed companies by market capitalisation
- FVTPL
-
Fair Value Through Profit or Loss
G
- GELT
-
Global Exploration Leadership Team
- GNPC
-
Ghana National Petroleum Corporation
- GoU
-
Government of Uganda
- Group
-
Company and its subsidiary undertakings
H
I
- IAS
-
International Accounting Standard
- IASB
-
International Accounting Standards Board
- IFRIC
-
International Financial Reporting Interpretations Committee
- IFRS
-
International Financial Reporting Standards
- IMS
-
Information Management System
- ISO
-
International Organization for Standardization
K
L
- LIBOR
-
London Interbank Offered Rate
- LTI
-
Lost Time Incident
- LTIFR
-
LTI Frequency Rate measured in LTIs per million hours worked
M
- mmbbl
-
Million barrels
- mmbo
-
Million barrels of oil
- mmboe
-
Million barrels of oil equivalent
- mmscfd
-
Million standard cubic feet per day
- MoU
-
Memorandum of Understanding
- MTM
-
Mark To Market
N
- NGO
-
Non-Governmental Organisation
O
- OR&A
-
Operational Readiness and Assurance
P
- p
-
pence
- P10
-
Reserves and/or resources estimates that have a 10 per cent probability of being met or exceeded
- P50
-
Reserves and/or resources estimates that have a 50 per cent probability of being met or exceeded
- P&D
-
Production and Development
- PAYE
-
Pay As You Earn
- PRT
-
Petroleum Revenue Tax
- PSC
-
Production Sharing Contract
- PSP
-
Performance Share Plan
S
- SCT
-
Supplementary Corporation Tax
- SIP
-
Share Incentive Plan
- SMC
-
Senior Management Committee
- SPA
-
Sale and Purchase Agreement
- sq km
-
Square kilometres
- SRI
-
Socially Responsible Investment
T
U
- UK GAAP
-
UK Generally Accepted Accounting Principles
V
- VAT
-
Value Added Tax
W
-
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Performance Share Plan 2005 (PSP)
Details of awards over ordinary shares granted to Executive Directors for nil consideration under the PSP.
| Director | Award grant date | As at 01.01.10 |
Granted in year | Shares vested in year | As at 31.12.10 |
Earliest date shares can be acquired | Latest date shares can be acquired |
|---|---|---|---|---|---|---|---|
|
|||||||
| Aidan Heavey | 22.03.07 | 230,567 | – | 230,567 | – | – | – |
| 15.05.08 | 141,939 | – | – | 141,939 | 15.05.11 | 14.05.18 | |
| 18.03.09 | 173,916 | – | – | 173,916 | 18.03.12 | 17.03.19 | |
| 17.03.10 | – | 106,496 | – | 106,496 | 17.03.13 | 16.03.20 | |
| 546,422 | 106,496 | 230,567 | 422,351 | ||||
| Graham Martin | 22.03.07 | 130,402 | – | 130,402 | – | – | – |
| 15.05.08 | 80,277 | – | – | 80,277 | 15.05.11 | 14.05.18 | |
| 18.03.09 | 98,355 | – | – | 98,355 | 18.03.12 | 17.03.19 | |
| 17.03.10 | – | 60,227 | – | 60,227 | 17.03.13 | 16.03.20 | |
| 309,034 | 60,227 | 130,402 | 238,859 | ||||
| Angus McCoss | 22.03.07 | 90,539 | – | 90,539 | – | – | – |
| 15.05.08 | 80,277 | – | – | 80,277 | 15.05.11 | 14.05.18 | |
| 18.03.09 | 98,355 | – | – | 98,355 | 18.03.12 | 17.03.19 | |
| 17.03.10 | – | 60,227 | – | 60,227 | 17.03.13 | 16.03.20 | |
| 269,171 | 60,227 | 90,539 | 238,859 | ||||
| Paul McDade | 22.03.07 | 90,539 | – | 90,539 | – | – | – |
| 15.05.08 | 80,277 | – | – | 80,277 | 15.05.11 | 14.05.18 | |
| 18.03.09 | 98,355 | – | – | 98,355 | 18.03.12 | 17.03.19 | |
| 17.03.10 | – | 60,227 | – | 60,227 | 17.03.13 | 16.03.20 | |
| 269,171 | 60,227 | 90,539 | 238,859 | ||||
| Ian Springett | 01.09.08 | 68,873 | – | – | 68,873 | 01.09.11 | 31.08.18 |
| 18.03.09 | 104,438 | – | – | 104,438 | 18.03.12 | 17.03.19 | |
| 17.03.10 | – | 63,949 | – | 63,949 | 17.03.13 | 16.03.20 | |
| 173,311 | 63,949 | – | 237,260 | ||||
