The AWE Advantage Neil Tupper, General Manager Exploration & Geoscience Excellence in Oil and Gas Conference Sydney, 12 March 2014
The AWE Advantage Clear business strategy and goal Conveyor belt strength Balanced portfolio with play diversity Multiple growth opportunities Infrastructure options Market access and attractive pricing Technical and commercial…
Clear business strategy and goal Strong oil Indonesia prices; Oil favourable New Zealand Australia currency Leveraged to East Coast / rising prices & Australia Oil Linked Gas long term Indonesia demand Liquids upside;…
Conveyor belt strength BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION Synaphea or Irwin Beharra Springs, Senecio Perth Basin Prospect Arrowsmith Dongara, Corybas, Drover Prospect Cliff Head VIC/P67 Casino, Netherby, Otway…
Multiple growth opportunities Indonesia: Unconventional Gas Perth Basin: Shale Gas Indonesia: N Madura & Terumbu PSCs exploration success Shareholder Value Indonesia: AAL oil project (G-Sand development) Rising Indonesian Gas…
Infrastructure options Perth Basin Plant ownership and pipeline access Otway Basin La Bella stand-alone or multiple delivery options Bass Basin Yolla development hub for Trefoil and other discoveries New Zealand Tui development hub in…
Market access and attractive pricing Perth Basin Favourable long term WA gas market and price outlook Otway Basin Expiring contracts, potential to access SE Australia gas upside Bass Basin Expiring contracts, potential to access SE…
Technical & commercial excellence SMART PEOPLE Subsurface Operations HSE Geology Drilling No Lost Time Injuries (LTIs) since Geophysics Seismic Acquisition Sep. 2012. Reservoir Engineering Onshore & Offshore Facilities No reportable…
Perth Basin activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION Synaphea or Irwin Senecio Beharra Springs Perth Basin Prospect Arrowsmith Dongara/Corybas Drover Prospect Cliff Head AWE has basin-dominant position for…
Otway Basin activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION VIC/P67 La Bella Casino, Netherby, Otway Basin VIC/P44 Henry VIC/P67 farmin September 2013 La Bella gas discovery and multiple nearby prospects Acquired…
Bass Basin activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION T/18P Yolla-5 & 6 Yolla Bass Basin Trefoil Two Yolla development wells required to access substantial 2P Reserves Drill timing summer 2014-15 Engineering…
New Zealand activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION Oi Prospect Pateke-4H Tui New Zealand PEP 55768 Two well drilling campaign Pateke-4H spudded February: outcome late March If successful, anticipate tie…
Indonesia activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION N Madura, Terumbu, AAL G Sand AAL K Sand Indonesia Titan, E Muriah PSCs Lengo LENGO GAS HUB CENTRAL DEEP AAL Lengo FEED commenced Prolific Oil and Gas Basin…
USA activities BUSINESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION Sugarloaf Sugarloaf Sugarloaf USA Austin Chalk Eagle Ford Eagle Ford Sugarloaf AMI in prime gas-liquids window Operator planning 100+ wells in 2014 Liquids…
Summary Highlight: On target to achieve goal and strategic objectives Financial: Strong and disciplined performance Highly liquid balance sheet with significant capacity Solid foundation for growth Operations: Meeting or exceeding…