CP-122 – HSE Management System Code of Practice – PDO

PDO‟s Health, Safety, and Environment Management System (HSE MS) is a structured approach to achieving our HSE goals, objectives, and targets, and managing the HSE risks associated with our business. PDO‟s Statement of General Business Principles (SGBP) and the PDO Code of Conduct describes how we conduct our business in terms of the fundamental expectations and standards which we set for ourselves. Central to the SGBP is the following statement regarding HSE at PDO:

“The Company will endeavor to conduct its business in such a way as to protect the health and safety of its employees, its contractor employees, and other persons affected by its activities, as well as to protect the environment, minimise pollution, and seek improvement in the efficient use of natural resources.”

Therefore, to be properly aligned, PDO‟s Health, Safety, and Environmental Protection Policy (PL 04) requires that a systematic approach shall be applied to HSE management in order to achieve this endeavor.

PDO‟s HSE Management System provides this systematic and structured process for continual improvement in our HSE performance. It concentrates, using eight (8) management system processes, on those areas and activities with the potential to have the greatest impact on harm to people and the environment, to cause damage or loss to assets, to defer oil production, to cause financial loss, and/or to adversely impact the Company‟s reputation. Continual improvement within the management system is symbolized by the cyclical arrows and is an ongoing process within the entire HSE MS.