Skip to main content INVESTOR PRESENTATION – Lundin Petroleum | Shale Experts
Loading...
Pm

INVESTOR PRESENTATION – Lundin Petroleum

Lundin Petroleum · Jan 1, 2008 · 50 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. INVESTOR PRESENTATION – Lundin Petroleum – slide 1
    45 Exploration Alex Schneiter, Executive Vice President & COO WF 10 033 January 2008
  2. INVESTOR PRESENTATION – Lundin Petroleum – slide 2
    46 Lundin Petroleum - Value Creation through Exploration United Kingdom Norway Russia 22 exploration licences 1 exploration licence 19 exploration licences Ireland Netherlands 2 exploration licences 1 exploration licence…
  3. INVESTOR PRESENTATION – Lundin Petroleum – slide 3
    47 Exploration Strategy - Four Core Areas Four Core Areas: Europe, Africa, Russia, Far East Oslo - Regional hub for North Sea - Assets in Norway, UK Moscow - Regional hub for Russia Aberdeen The Hague Villeperdue Astrakhan…
  4. INVESTOR PRESENTATION – Lundin Petroleum – slide 4
    48 Exploration Strategy Grow organically within core areas strong knowledge base, focus competitive edge Focus on areas of the world with best resource potential generation of a balanced portfolio of prospects materiality…
  5. INVESTOR PRESENTATION – Lundin Petroleum – slide 5
    49 Successful Strategy - Licences Awarded 2007 Four Core Areas: Europe, Africa, Russia, Far East Norway - 8 new operated licences awarded - APA 07, applications pending United Kingdom - 8 new licences awarded Vietnam - 1 new…
  6. INVESTOR PRESENTATION – Lundin Petroleum – slide 6
    50 Successful Strategy - Discoveries 2007 Four Core Areas: Europe, Africa, Russia, Far East Norway - Luno - Luno oil discovery (PL338) - Contingent resources: United Kingdom - Scolty 65 - 190 MMboe (gross) + prospective upside…
  7. INVESTOR PRESENTATION – Lundin Petroleum – slide 7
    51 Successful Strategy - Ongoing Exploration Four Core Areas: Europe, Africa, Russia, Far East Significant ongoing exploration drilling activity 2008 18 Wells (firm) 1,260 MMboe of targeted unrisked prospective resources -…
  8. INVESTOR PRESENTATION – Lundin Petroleum – slide 8
    52 Prospective Resources - Net Unrisked Resources 2007 Prospective Resources*: 2.7 bn boe net unrisked 2008 Prospective Resources*: 3.1 bn boe net unrisked France Vietnam UK Tunisia Vietnam Venezuela Tunisia Norway Norway…
  9. INVESTOR PRESENTATION – Lundin Petroleum – slide 9
    53 Core Area - Europe United Kingdom No of Licences: 23 No of Prospects: 11 Norway Total PR (prospects only) 192 MMboe No of Licences: 25 No of Prospects: 28 Total PR (prospects only): 880 MMboe Ireland No of Licences:…
  10. INVESTOR PRESENTATION – Lundin Petroleum – slide 10
    54 Europe Exploration Net Net 2008 Targeted Prospective Resources* Prospective Resources Country (unrisked) - MMboe Prospects 2008 Wells (unrisked) 2008 Rig Contracts Norway 880 28 3 61 Maersk Guardian Bredford Dolphin Aker…
  11. INVESTOR PRESENTATION – Lundin Petroleum – slide 11
    55 Europe - Exploration Drilling Schedule Unrisked 2008 2009 2010 2007 Prospect/ Gross Country Licence Discovery Equity mmboe Rig Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Pi North Maersk Norway PL292 40% 9 Guardian Maersk…
  12. INVESTOR PRESENTATION – Lundin Petroleum – slide 12
    56 Rig 2008 Bredford Dolphin GSF Arctic II Maersk Gallant Maersk Giant 3rd Generation Semi 3rd Generation Semi Jack-up Jack-up Wa& Water depth: 1,200ft Water depth: 121m Water depth: 107m Drilling depth: 20,000ft Drilling…
  13. INVESTOR PRESENTATION – Lundin Petroleum – slide 13
    57 Rig 2008/2009 PL 304 Songa Dee Additional rig - from 2009 Aker Barents 3rd Generation Semi Semi 6th Generation Semi Water depth: 1,600ft Under negotiation Water depth: 3,000m Drilling depth: 30,000ft Drilling depth:…
  14. INVESTOR PRESENTATION – Lundin Petroleum – slide 14
    58 Alvheim Area - PL304 Lundin Petroleum interest: 50% (Operator) Aker Exploration 30% PL413 PL088 PL363 Endeavour 20% P090 PL412 PL036c Work Commitment One well to be drilled Alvheim eld PL150 PL203 00 09 PL103B Jotun…
  15. INVESTOR PRESENTATION – Lundin Petroleum – slide 15
    59 Alvheim Area - PL304 - Aegis & Buhund Forward Plan 0 KM 10 203 A slot on the Aker Barents drilling rig has Jotun Unit been secured &103B The Aegis Prospect is scheduled to be drilled PL340 T1 late 2008 J1 T2 J2…
  16. INVESTOR PRESENTATION – Lundin Petroleum – slide 16
    60 Alvheim Area - PL363 Lundin Petroleum interest: 60% (Operator) PL363 Endeavour 40% PL413 Work Commitment PL088 Acquire 3D seismic P090 PL412 PL036c Drill or drop decision within 2 years. Declaration of Commerciality…
  17. INVESTOR PRESENTATION – Lundin Petroleum – slide 17
    61 Alvheim Area - PL363 - Mon / Monster 0025/02 (Area 5) 2aW 2g 1d 2d 1c 2f Mon Prospect 6 16 S PL413 Forward Plan 4c Drilling rst exploration well in 2009 FROEY 1 5d 5e 6S VALE 2 5b Monster Prospect…
  18. INVESTOR PRESENTATION – Lundin Petroleum – slide 18
    62 Luno Area - PL359 3f 1d 1f 3d 1a 2b 3e 1c 3e 3b 2b 6c BEINN 8c 2 3b 1a 1e Luno discovery 2a 3 Lundin Petroleum interest: 70% (Operator) 6a 7a 8a 3d 3a 1g PL338 Premier 30% 6b 7b 5a Work Commitment 8b…
  19. INVESTOR PRESENTATION – Lundin Petroleum – slide 19
    63 Luno Area - PL359 LUNO DISCOVERY 0 KM 4 1d 3e 1c 0016/01 (Area 4) Forward Plan 1a 2a 1e Planning to drill rst exploration 3b well in 2009 1g 3a Armstrong LeMond LeMond: Ty/Heimdal Fms 10 km2 Main risk: Lateral…
  20. INVESTOR PRESENTATION – Lundin Petroleum – slide 20
    64 Barents Sea - PL438 Lundin Petroleum Operator Lundin Petroleum Partner 7b 11 9a 9b 9 b 7223 2 Lundin Petroleum interest: 35% (Operator) 7 0 8 KM 12a 40 7221 12 10 7222 11 12 10 1 2 3 1 11 3 5b 7220…
  21. INVESTOR PRESENTATION – Lundin Petroleum – slide 21
    65 Barents Sea - PL438 - Lavvo / Skalle 7220 1 0 1 KM 8 Forward Plan 7121 Actions: Triassic Develop a common view on play types, 1 R2 Anomaly leads and prospects within Q2 2008 Komse Rein 7120/2-2 3a Carry out all…
  22. INVESTOR PRESENTATION – Lundin Petroleum – slide 22
    66 Norway Continental Shelf - Prospective Resources Gross* Net* Net* Net Prospective Resources Licence Prospect Unrisked Equity % Unrisked CoS % Risked Unrisked: 880MMBOE , Risked: 184MMBOE PL438 PL359 Lemond 198 70% 138.6 20%…
  23. INVESTOR PRESENTATION – Lundin Petroleum – slide 23
    67 Central North Sea - P1107 & P1109 - Scolty Discovery 3 Lundin Petroleum interest: 40% (operator) 8 9 Palace (Revus) 50% Lundin Petroleum Operator Challanger 10% Lundin Petroleum Partner 26 27 27 27b 29 2 28aF1…
  24. INVESTOR PRESENTATION – Lundin Petroleum – slide 24
    68 Central North Sea - P1107 - Torphins Torphins well proposal, planned for 2008 Torphins 4,5km 2 21/8-1 Scolty 1,6km 2 WF9903 01.08
  25. INVESTOR PRESENTATION – Lundin Petroleum – slide 25
    69 UK Continental Shelf - Prospective Resources P1406 *resources (mmboe) Gross * Net * Net* Licence Prospect Unrisked Equity % Unrisked CoS % Risked 143 60% 85.8 18% 15.4 P1410 9/9-A P1410 P1399 Delgany 74 15% 11.1 20%…
  26. INVESTOR PRESENTATION – Lundin Petroleum – slide 26
    70 France - Ferrires La Motte Noire Plivot 0 KM 40 Vert-la-Gravelle Paris Fontaine-au-Bron Soudron Mairy Villeperdue Val-des-Marais Merisier Dommartin Lettre Itteville Grandville 61.5MMbo PL AT F OR M…
  27. INVESTOR PRESENTATION – Lundin Petroleum – slide 27
    71 Rest of Europe - Prospective Resources *resources (mmboe) Gross* Net* Net* Norway Licence Prospect Unrisked Equity % Unrisked CoS % Risked NETHERLANDS Sweden L7 L7 20 3.8% 0.7 22% 0.2 Slyne L4a L4a 5 4.3% 0.2 15% 0.0…
  28. INVESTOR PRESENTATION – Lundin Petroleum – slide 28
    72 Core Area - Africa Tunisia No of Licences: 3 No of Prospects: 5 Total PR (prospects only): 18 MMboe Ethiopia No of Licences: 3 Sudan No of Licences: 1 No of Prospects: 11 Total PR (prospects only): 634 MMboe Congo…
  29. INVESTOR PRESENTATION – Lundin Petroleum – slide 29
    73 Africa Exploration Net Net 2008 Targeted Prospective Resources* Prospective Resources Country (unrisked) - MMboe Prospects 2008 Wells (unrisked) 2008 Rig Contracts Sudan 634 11 4 568 Dietswell ZPEB Rig 747 Tunisia 18 5 -…
  30. INVESTOR PRESENTATION – Lundin Petroleum – slide 30
    74 Africa - Exploration Drilling Schedule Unrisked 2008 2009 2010 2007 Prospect/ Gross Country Licence Discovery Equity mmboe Rig Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Sudan 5B Wan Machar -1 24.5% 1542 Dietswell Sudan 5B…
  31. INVESTOR PRESENTATION – Lundin Petroleum – slide 31
    75 Sudan - Block 5B Overview Block B Central EGYPT Thar Jath (Dev) LIBYA Re 0 Km 20 d Se nal a Thar Jath Port Sudan lei Ca Block 5B Jong Jarayan CHAD ERITREA Block 5A Khartoum SUDAN Kosti Bahr…
  32. INVESTOR PRESENTATION – Lundin Petroleum – slide 32
    76 Surface Conditions - Wetlands Wetland conditions Waterways through the wetlands WF9171 10.07
  33. INVESTOR PRESENTATION – Lundin Petroleum – slide 33
    77 Surface Conditions - Nyal Area Nyal Area Nyal Area WF9171 10.07
  34. INVESTOR PRESENTATION – Lundin Petroleum – slide 34
    78 WM-1 Access Channel and Drilling Site Preparation 110m Drilling Area TB SB CB WT DB 110m SB PT DB Drilling Barge CB Crane Barge SB Storage Barge TB Transport Barge WT Well Testing Barge AB Accommodation Barge…
  35. INVESTOR PRESENTATION – Lundin Petroleum – slide 35
    79 Pusher Tugs and Wan Machar-1 Storage Some of drilling equipment already at WM-1 well site Drilling equipment delivery from KLB to WM-1 WF9171 10.07
  36. INVESTOR PRESENTATION – Lundin Petroleum – slide 36
    80 Development - Congo Brazzaville Gabon 0 9 18 Km Block Marine XI: Nyanga Mayombe Soco E+P Congo (operator) 37.5% Lundin Petroleum 18.75% Raa Oil 18.75% M'Bya Marin SNPC 15.0% M'Wengui AOGC 10.0% Noumbi 40'0S…
  37. INVESTOR PRESENTATION – Lundin Petroleum – slide 37
    81 Ethiopia and Kenya - New Assets for Lundin SA Y MA MA UN- Eritrea RI B- BA SILA SH SIN AB WA Yemen BA SIN Ethiopia - 3 PSCs signed Gulf of Aden (WI 100%) Djibouti AL ME BE DO RB BA ER SIN ME A Adigala…
  38. INVESTOR PRESENTATION – Lundin Petroleum – slide 38
    82 Africa - Prospective Resources *resources (mmboe) Oudna/Zelfa Gross* Net* Net* Licence Prospect Unrisked Equity % Unrisked CoS % Risked Tunisia Sudan 5B Wan Machar 1542 24.5% 377.8 28% 107.3 5B Barada 541 24.5% 132.5 34%…
  39. INVESTOR PRESENTATION – Lundin Petroleum – slide 39
    83 Core Area - Russia Moscow RUSSIA Kazh Ka zhak akstt an a ea S Caspain Mong Mo ngol olia a Kazakhstan China Astrakhan Field 100 tcfg CPC Pipeline Russia Ru Atyrau Astrakhan Russia Exploration Kalamkas…
  40. INVESTOR PRESENTATION – Lundin Petroleum – slide 40
    84 Russia Exploration Net Net 2008 Targeted Prospective Resources* Prospective Resources Country (unrisked) - MMboe Prospects 2008 Wells (unrisked) 2008 Rig Contracts Russia 732 3 2 523 YES Lagansky TOTAL 732 3 2 523…
  41. INVESTOR PRESENTATION – Lundin Petroleum – slide 41
    85 Russia - Lagansky Block 0 KM 20 Petrovskaya Prospect Lundin Northern Caspian Concession Lundin Petroleum: 70% (operator) Laganskaya Prospect Oil Field Gas Field Mintley Kalmykia 30% Morskaya Prospect Prospects Kaspiskoye…
  42. INVESTOR PRESENTATION – Lundin Petroleum – slide 42
    86 Russia - Prospective Resources *resources (mmboe) Gross* Net* Net* License Prospect Unrisked Equity % Unrisked CoS % Risked Russia Lagansky Morskaya 641 70% 449 35% 157 Lagansky Laganskaya 106 70% 74 26% 19 Lagansky…
  43. INVESTOR PRESENTATION – Lundin Petroleum – slide 43
    87 Core Area - South East Asia Cambodia Exploration Licences: 1 No of Leads 7 Vietnam Exploration Licences: 1 No of Prospects 7 Total PR (prospects only) 379 MMboe Indonesia Exploration Licences: 4 TOTAL No of…
  44. INVESTOR PRESENTATION – Lundin Petroleum – slide 44
    88 South East Asia Exploration Net Net 2008 Targeted Prospective Resources* Prospective Resources Country (unrisked) - MMboe Prospects 2008 Wells (unrisked) 2008 Rig Contracts Vietnam 379 7 1 42 YES Indonesia1 92 36 5 34…
  45. INVESTOR PRESENTATION – Lundin Petroleum – slide 45
    89 South East Asia Exploration Signicant growth story expected to unfold in next 2 years Cambodia Vietnam - 2D seismic acquisition (Block E) in 2008 - 800 km2 3D seismic (Block 06/94) in 2008 - Further regional studies…
  46. INVESTOR PRESENTATION – Lundin Petroleum – slide 46
    90 Vietnam - 06/94 - Near Top Basement TWT Map Lan Do Gas Field Lan Tai Gas Field Northern Basin Block Limit 06/94 Dua Oil Field Dua Terrace Central Fault Block Hoa Dao 0 KM 10 A Prospect High WF10059 01.08
  47. INVESTOR PRESENTATION – Lundin Petroleum – slide 47
    91 South East Asia - Prospective Resources *resources (mmboe) Gross* Net* Net* License Prospect Unrisked Equity % Unrisked CoS % Risked Vietnam 06-94 A 127 33.3% 42 30% 13 06-94 6 other prospects** 1,012 33.3% 337 Total…
  48. INVESTOR PRESENTATION – Lundin Petroleum – slide 48
    92 Exploration Activity 2008 Norway UK France Russia Net unrisked 1.26 bn boe targeted in 2008 Net risked 380 MMboe targeted in 2008 Vietnam Sudan Indonesia Congo Gross Likely Drilling Schedule 2008 Unrisked Net Country…
  49. INVESTOR PRESENTATION – Lundin Petroleum – slide 49
    93 Targeted Prospective Resources - Net Unrisked Norway UK France Russia Vietnam Sudan Indonesia Congo 1400 1400 Indonesia Congo 1200 1200 Vietnam 1000 Vietnam 1000 Sudan 800 Sudan 800 Russia MMBOE MMBOE…
  50. INVESTOR PRESENTATION – Lundin Petroleum – slide 50
    94 Reserves Upside Potential MMboe MMboe RUSSIA 500 500 SUDAN NORWAY UK 400 VIETNAM 400 CONGO Luno 300 300 CONTINGENT RESOURCES 188.3 MMboe 200 200 2P RESERVES 100 184.2 MMboe 100 0 0 WF9979 01.07

From the store

Browse maps, data & reports in the Shale Experts store