Senegal 2C contingent oil resources have been increased to 473mbbl (vs. 385mbbl previously). The third phase of the drilling programme should start in Q4 16-Q1 17 (further evaluation of SNE), benefiting from low rig rates. At the same time, conceptual development is underway. North Sea: remaining development capex at $315m (H2 16 to be FCF positive by end-2017), o/w Kraken $215m, Catcher $100m, and $110m in H2 16, $205m in 2017. Kraken should come onstream in April 2017 (plateau at 50kboe/d, ....