content_image/257144.jpg
repurchases. The Company paid regular dividends of approximately $58,600,000, while repurchasing roughly 1,480,000 shares for approximately $227,200,000. The total capital returned to shareholders in 2013 was approximately $285,800,000, slightly more than Core’s FCF for the year. 

## BRIGHT FUTURE 

Core Laboratories’ keen focus on providing new technologies and services to help our clients produce incremental hydrocarbons from their unconventional tight-oil reservoirs has led to another record year for the Company. Core remains the most technologically advanced reservoir optimization company in the oilfield universe. 

As the long-term demand for hydrocarbons continues to grow, and the number and size of new oilfield discoveries shrink, Core Laboratories’ position as the tech- nology leader in optimizing hydrocarbon reservoir performance could not be more opportune. This is especially the case for developments in unconventional reservoirs employing horizontal well technology, where the success of multibillion-dollar developments relies on optimizing daily hydrocarbon production while maximizing ultimate hydrocarbon recovery rates. The horizontal well era is upon us, and Core Lab will play a commanding role in making our clients’ developments successful. 

<img src='content_image/257144.jpg'>

Core Laboratories’ position as the technology leader in optimizing hydrocarbon reservoir performance could not be more opportune. 

