b'to participate in our future successes. Suchand future major oil discoveries. We anticipate, investments will enable Staatsolie to takewhen economic conditions are more favorable, contractually determined stakes in theissuing international bonds listed on major development and production phases of recentexchanges such as London or New York.Bond Target: Amount Raised: 80%+ of previous US$ 150 million US$ 195 million bond holders reinvested 2020 KEY FOCUS: 2021 KEY FOCUS:Managing the unexpectedly low oil prices drivenContinuing the transition into a world-class by a worldwide COVID-19 pandemic, by quicklyorganization, well positioned to participate with temporizing investments and/or cutting capital andinternational partners in the development of Block operational expenditures in order to still deliver solid58 discoveries and more specifically focusing on financial results and guarantee the continuation defining the financial strategy to secure the funding of the company. required to enable Staatsolie to take up its 20% participation interest in developments primarily in offshore Block 58.13'