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Arsstamma 2010 – Lundin Petroleum

Lundin Petroleum · May 6, 2010 · 32 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. Arsstamma 2010 – Lundin Petroleum – slide 1
    1 Lundin Petroleum 20 10 rsstmma C. Ashley Heppenstall, Koncernchef och VD WF10987 Stockholm, 6 maj 2010
  2. Arsstamma 2010 – Lundin Petroleum – slide 2
    2 Since our Last Meeting... WF10987 p1 04.10
  3. Arsstamma 2010 – Lundin Petroleum – slide 3
    3 2008 - 2009 Financial Crisis WF10987 p2 04.10
  4. Arsstamma 2010 – Lundin Petroleum – slide 4
    4 Recovery Dow Jones Index 12,000 10,000 8,000 up 70% from March 2009 6,000 Jan May 2009 2010 WF10987 p3 04.10
  5. Arsstamma 2010 – Lundin Petroleum – slide 5
    5 Road Bumps Ahead WF10987 p4 04.10
  6. Arsstamma 2010 – Lundin Petroleum – slide 6
    6 Road Bumps Ahead PIGS WF10987 p5 04.10
  7. Arsstamma 2010 – Lundin Petroleum – slide 7
    7 Interest Rates and Inflation Interest rate 5 4 Inflation Percentage % 3 2 1 0 Jan May 2008 2010 WF10987 p6 04.10
  8. Arsstamma 2010 – Lundin Petroleum – slide 8
    8 Emerging Markets - China GDP Growth 200 China 180 US Index Year 2000 Eurozone 160 140 120 100 Mar Sep 2000 2009 WF10987 p7 04.10
  9. Arsstamma 2010 – Lundin Petroleum – slide 9
    9 Oil Price to Increase Brent Crude Price USD/bbl 140 120 100 80 60 40 20 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 WF10987_2 p8 04.10
  10. Arsstamma 2010 – Lundin Petroleum – slide 10
    10 Oil Price to Increase Brent Crude Price USD/bbl 140 120 100 80 60 40 20 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 WF10987_2 p9 04.10
  11. Arsstamma 2010 – Lundin Petroleum – slide 11
    11 Supply of Oil WF10987 p8 04.10
  12. Arsstamma 2010 – Lundin Petroleum – slide 12
    12 A Difficult Business WF10987_2 p11 04.10
  13. Arsstamma 2010 – Lundin Petroleum – slide 13
    13 Oil Supply 60 50 Billion Barrels per year 40 30 20 10 0 1930 1950 1970 1990 2010 2030 2050 Past Discovery Future Discovery Production WF10975 p4 04.10
  14. Arsstamma 2010 – Lundin Petroleum – slide 14
    14 World Population 10,000 9,150 9,000 8,309 8,000 6,909 World Population 7,000 6,000 5,290 5,000 4,000 3,686 3,000 2,529 2,000 1,000 0 1950 1970 1990 2010 2030 2050 ..expected to continue WF10987 p9…
  15. Arsstamma 2010 – Lundin Petroleum – slide 15
    15 Demand for Oil United States 300 million 20.5 million bbl/d 25 bbl/capita/year China 1.3 billion 8.0 million bbl/d 2.2 bbl/capita/year India 1.1 billion 3 million bbl/d 1 bbl/capita/year WF10975 p2 04.10
  16. Arsstamma 2010 – Lundin Petroleum – slide 16
    16 China - Car Market Car ownership per 1000 capita: United States 800 35 China Chinese Automobile Fleet 80 80 70 70 60 60 Million Cars 50 50 40 40 30 30 20 20 10 10 0 0 1990 1992 1994 1996 1998 2000…
  17. Arsstamma 2010 – Lundin Petroleum – slide 17
    17 Oil to Remain Dominant Other 9.8% Hydro 2.2% Renewable 0.7% Nuclear 5.9% Oil Coal/Peat 26.5% 34% Gas 20.9% Total Primary Energy Supply 2007 88.4 Billion boe(1) WF10987 p10 04.10 source: IEA (1)
  18. Arsstamma 2010 – Lundin Petroleum – slide 18
    18 Lundin Petroleum Share Price 120 100 80 SEK/share 60 40 20 0 2002 2003 2004 2005 2006 2007 2008 2009 WF10987_2 p1 04.10
  19. Arsstamma 2010 – Lundin Petroleum – slide 19
    19 Lundin Petroleum Share Price 120 100 80 SEK/share 60 40 20 0 2002 2003 2004 2005 2006 2007 2008 2009 WF10987_2 p1 04.10
  20. Arsstamma 2010 – Lundin Petroleum – slide 20
    20 Spin-off of UK Assets Lundin Petroleum Petrofac Shareholders Shareholders 55% 45% Petrofac UK Assets UK Assets Profit of USD 350 million WF10987_2 p2 04.10
  21. Arsstamma 2010 – Lundin Petroleum – slide 21
    21 Reserves Growth 300 Reserves Replacement Ratio of 361% 26% increase last year 250 200 MMboe 150 100 50 0 1.1.2003 1.1.2004 1.1.2005 1.1.2006 1.1.2007 1.1.2008 1.1.2009 1.1.2010 WF10987_2 p3 04.10
  22. Arsstamma 2010 – Lundin Petroleum – slide 22
    22 Reserves and Contingent Resources 2P Reserves Contingent Resources 285 MMboe 256 MMboe TOTAL RESOURCES 541 MMboe WF10987_2 p4 04.10
  23. Arsstamma 2010 – Lundin Petroleum – slide 23
    23 Production Pi, Nemo, Krabbe, Luno Onstream 2011+ +20% Volund + 9,000 boepd Singa + 2,000 boepd Onstream already 38,200 boepd 31,700 boepd 2008 2009 WF10989 p3 04.10
  24. Arsstamma 2010 – Lundin Petroleum – slide 24
    24 Exploration SEK 2 billion exploration spend in 2010 11 exploration wells Targeting 330 MMboe WF10987_2 p12 04.10
  25. Arsstamma 2010 – Lundin Petroleum – slide 25
    25 Major Position Built through Organic Growth Production licences Third largest company in Norway Exploration licences Norway number of licences 45 40 New APA 2009 Award 35 30 25 20 15 10 5 0 03 04…
  26. Arsstamma 2010 – Lundin Petroleum – slide 26
    26 Norway - Proven Track Record Discoveries up to year end 2009 5 Finding Cost USD/boe 4.8 Success Rate 45% WF10989 p2 04.10
  27. Arsstamma 2010 – Lundin Petroleum – slide 27
    27 Norway - 3 Key Areas Barents Sea Area Greater Alvheim Area Greater Luno Area Barents Sea Area Greater Alvheim Area Greater Luno Area 2009 APA award WF10757b 03.10
  28. Arsstamma 2010 – Lundin Petroleum – slide 28
    28 South East Asia - Building a Core Area THAILAND TOTAL CAMBODIA VIETNAM Exploration Licences: 8 Direct Joint Studies: 1 Block 06/94 SB303 Production Licences: 3 Total Prospective Resources: 426 MMboe Baronang Sabah Area…
  29. Arsstamma 2010 – Lundin Petroleum – slide 29
    29 Russia - Lagansky Block in Northern Caspian RUSSIA Morskaya - major oil discovery in 2008 Kazhakstan Sea Caspian Mongolia China Kazakhstan 100 tcfg Russia Astrakhan Atyrau Morskaya Oil Field Gas…
  30. Arsstamma 2010 – Lundin Petroleum – slide 30
    30 CSR and the Environment WF10987_2 p5 04.10
  31. Arsstamma 2010 – Lundin Petroleum – slide 31
    31 CSR and the Environment - Russia WF10987_2 p6 04.10
  32. Arsstamma 2010 – Lundin Petroleum – slide 32
    32 Lundin Petroleum tack WF10987 www.lundin-petroleum.com

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