Skip to main content AGM 2008 – Lundin Petroleum Investor Presentation | Shale Experts
Loading...
Pm

AGM 2008 – Lundin Petroleum

Lundin Petroleum · May 13, 2008 · 37 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. AGM 2008 – Lundin Petroleum – slide 1
    1 AGM 2008 Ashley Heppenstall, President & CEO WF10263 Stockholm, 13 May 2008
  2. AGM 2008 – Lundin Petroleum – slide 2
    2 Oil Price Brent Spot Price /bbl 140 120 100 80 4.5 times increase in 5 years 60 40 20 0 2003 2004 2005 2006 2007 2008 WF10264 05.08
  3. AGM 2008 – Lundin Petroleum – slide 3
    3 Demand for Oil United States 300 million 20.5 million bbl/d 25 bbl/capita/year China 1.3 billion 7.5 million bbl/d 2.1 bbl/capita/year India 1.1 billion 2.5 million bbl/d 0.8 bbl/capita/year WF10266 05.08
  4. AGM 2008 – Lundin Petroleum – slide 4
    4 Questionable Supply WF10268 05.08
  5. AGM 2008 – Lundin Petroleum – slide 5
    5 Equipment Cost increase 12,000 40,000 2002 Fiat Punto = Valve (2003) 2007 BMW 320 = Valve (2007) WF9549 05.07
  6. AGM 2008 – Lundin Petroleum – slide 6
    6 Cost of Petrol
  7. AGM 2008 – Lundin Petroleum – slide 7
    7 Global Warming and CO2 Emissions WF10270 05.08
  8. AGM 2008 – Lundin Petroleum – slide 8
    8 Increasing Taxes WF10270 05.08
  9. AGM 2008 – Lundin Petroleum – slide 9
    9 Reserves and Production Reserves Production 200 40,000 180 160 30,000 140 boepd MMboe 120 100 20,000 80 60 10,000 40 20 0 0 2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 WF9974 01.08
  10. AGM 2008 – Lundin Petroleum – slide 10
    10 Lundin Petroleum Four Core Areas: Europe, Africa, Russia, Far East United Kingdom Norway Russia 4 production licences, 4 producing licences, 4 production licences, 1 development licence, 1 exploration licence 19 exploration…
  11. AGM 2008 – Lundin Petroleum – slide 11
    11 Reserves Growth 200 180 160 140 Russia Norway 120 U.K. MMboe Venezuela 100 Tunisia 80 Indonesia Netherlands 60 France 40 20 0 2003 2004 2005 2006 2007 2008 WF9974 01.08
  12. AGM 2008 – Lundin Petroleum – slide 12
    12 2008 Proven & Probable Reserves Total 184.2 MMboe Gas 14.7% Russia (24.7) France (25.8) Oil 85.3% Netherlands (4.9) mmboe 01.01.2007 176.4 Indonesia (16.1) Norway (57.0) - Produced (forecast) -12.4 + New reserves…
  13. AGM 2008 – Lundin Petroleum – slide 13
    13 Production History Compounded annual growth rate 2002-2007 is 19% 2008 Forecast 36,500 BOEPD 2005 2007 Actual 2006 Actual 2004 33,100 BOEPD Actual 34,000 BOEPD Actual 29,400 BOEPD 28,900 BOEPD 2003 Actual 2002…
  14. AGM 2008 – Lundin Petroleum – slide 14
    14 First Oil Sample from Luno WF10270 05.08
  15. AGM 2008 – Lundin Petroleum – slide 15
    15 Contingent Resources - Existing Discoveries 2007 41% increase 2008 133.0 MMboe net Lundin Petroleum 188.3 MMboe net Lundin Petroleum* Others, 12.9 Others, 20.8 Norway, 105.4 Norway, 45.1 France, 9.6 - Luno - Alvheim…
  16. AGM 2008 – Lundin Petroleum – slide 16
    16 Production Profile based upon 2008 Resource Position Existing resources have the potential to triple existing production 120 100 100,000 bopd Contingent Resources (CR) as at 1.1.2008 80 2P Reserves as at 1.1.2008…
  17. AGM 2008 – Lundin Petroleum – slide 17
    17 Its not all Plain Sailing Sudan Norway Russia WF10270 05.08
  18. AGM 2008 – Lundin Petroleum – slide 18
    18 Sweden and Norway 4.7 million Sweden 9.2 million Norway 2.1 million bbl/d 0 bbl/d WF9974 01.08
  19. AGM 2008 – Lundin Petroleum – slide 19
    19 Norwegians Working for a Swedish Company WF10270 05.08
  20. AGM 2008 – Lundin Petroleum – slide 20
    20 Material Investment in Norway Total Production 2007 34,000 boepd Norway SEK 3.6 billion invested in Norway over the last 4 years Norway - 500 boepd 2% of total production WF10275 05.08
  21. AGM 2008 – Lundin Petroleum – slide 21
    21 Norwegian Licence Position 7220 7128 7030 7219 7127 7029 7218 7126 7216 7217 7125 7215 7124 7123 0 KM 240 7120 7121 7122 Total licences in Norway - 31 7119 7118 7117 7116 7022 7021 7020 7019 7018 7017…
  22. AGM 2008 – Lundin Petroleum – slide 22
    22 Norway - Alvheim FPSO Successfully Installed WF10143 02.08
  23. AGM 2008 – Lundin Petroleum – slide 23
    23 Norways Importance 2P Reserves Contingent Resources Russia Others France Netherlands France Norway Norway Indonesia 56% 31% Tunisia UK UK WF10275 05.08
  24. AGM 2008 – Lundin Petroleum – slide 24
    24 Norway - Luno Discovery PL413 PL088 PL363 Peik field P090 PL036c Alvheim field Volund field PL203 PL150 PL412 008 009 PL103B Jotun field PL340 0025 0026 uth 0024 Luno discovery 16/1-4 so UK PL304 well i gh…
  25. AGM 2008 – Lundin Petroleum – slide 25
    25 Norway - Luno Discovery PL304 Lundin 50% (operator) PL413 PL088 PL363 Peik field P090 PL036c Alvheim field PL167 Lundin 20% Volund field PL203 PL150 PL412 008 009 PL103B Jotun field PL340 0025 0026 uth 0024 Luno…
  26. AGM 2008 – Lundin Petroleum – slide 26
    26 Schematic Illustration of Luno Discovery 16/1-5 CHALK GROUP OWC JURASSIC TRIASSIC BASEMENT WF10262 05.08
  27. AGM 2008 – Lundin Petroleum – slide 27
    27 Schematic Illustration of Luno Discovery 11 kilometres 16/1-5 16/1-4 CHALK GROUP OWC JURASSIC TRIASSIC BASEMENT WF10262 05.08
  28. AGM 2008 – Lundin Petroleum – slide 28
    28 Norway - Luno Discovery 16/1-8 (Luno discovery) WF10260 05.08
  29. AGM 2008 – Lundin Petroleum – slide 29
    29 Schematic Illustration of Luno Discovery 16/1-5 16/1-8 (Luno discovery well) 16/1-4 CHALK GROUP Luno Field OWC JURASSIC TRIASSIC BASEMENT WF10262 05.08
  30. AGM 2008 – Lundin Petroleum – slide 30
    30 Norway - Luno Discovery PL304 Lundin 50% (operator) PL167 Lundin 20% 16/1-4 Luno discovery 16/1-8 Additional sub-basins 16/1-5 PL338 Lundin 50% (operator) PL359 PL410 Lundin 70% Lundin 100% (operator)…
  31. AGM 2008 – Lundin Petroleum – slide 31
    31 Rig Capacity Songa Dee Transocean Winner Semi submersible Semi submersible 1.5 year contract 1 year rig share contract from Q1 09 from 2H 2009 WF10043 01.08
  32. AGM 2008 – Lundin Petroleum – slide 32
    32 Russia - Lagansky Block 0 KM 20 Petrovskaya Prospect Lundin Northern Caspian Concession Oil Field Laganskaya Prospect Gas Field Morskaya Prospect Prospects Kaspiskoye Rakushechnoye Field Gazprom option to acquire 4.4…
  33. AGM 2008 – Lundin Petroleum – slide 33
    33 Russia - Lagansky Mobile Drilling Unit WF10277 02.08
  34. AGM 2008 – Lundin Petroleum – slide 34
    34 Sudan Block 5B Logistics
  35. AGM 2008 – Lundin Petroleum – slide 35
    35 Malaysia - PM308A, PM308B & SB303 Vietnam Bac Lieu Surat Thani Thailand SB303 Phuket Kota Kinabalu Pinang Bandar Seri Begawan Malaysia Medan PM308B PM308A Kuala Lumpur Indonesia Malaysia Singapore…
  36. AGM 2008 – Lundin Petroleum – slide 36
    36 Reserves Upside Potential MMboe RUSSIA MMboe 500 SUDAN 500 NORWAY UK VIETNAM 400 CONGO 400 MALAYSIA Luno 300 300 CONTINGENT RESOURCES 188.3 MMboe 200 200 2P RESERVES 100 184.2 MMboe 100 0 0 WF9979 04.07
  37. AGM 2008 – Lundin Petroleum – slide 37
    37 AGM 2008 Thank You Ashley Heppenstall, President & CEO WF10263 Stockholm, 13 May 2008

From the store

Browse maps, data & reports in the Shale Experts store