Citi 2014 Australian Investment Conference Sydney 15 October 2014
Senexs Senex is aoil and player major gas portfolio in the Cooper Basin Senexs has built a material oil and gas acreage position 2 (1) Refer to ASX announcement on 10 September 2014 on the QGC JV asset swap
Our growth ambition Targeting substantial growth in reserves and production More than doubling of reserves and production over the next four years Growth targets assume no corporate M&A activity and no new equity capital Emphasis on…
The Senex asset portfolio today Careful portfolio management has created an enviable growth pipeline to build from Large pipeline of growth assets: high quality, high equity, Senex operated Strong funding capacity and operating…
FY18 Maturing the portfolio Building success requires Senex to deliver on the potential of its existing portfolio Organic growth maturing the existing portfolio New ventures balancing the portfolio and de-risking success Cooper…
Delivering oil production growth Achieving organic growth across the portfolio to FY18 and beyond through: 1. Cooper Basin oil exploration Oil and gas production (mmboe) Greenfield exploration of Senexs extensive Aspirational FY18…
Achieving gas production growth Our projects to deliver near term gas production 1. Cooper Basin conventional gas exploration Exploration and appraisal of Senexs extensive acreage Pipeline portfolio, with immediate focus on the…
Unlocking Cooper unconventional gas Vast and differentiated resources located in the Patchawarra and Allunga Troughs Up to 252 million work program over 2 stages agreed with Origin Energy Senex free-carried for 169 million of the…
Strong funding capacity Quality and control of assets provides funding flexibility Strong net operating cash flow funds growth capex Investment in development and facilities supported by high success rate and short term payback…
Investment highlights Building Senex into an S&P/ASX 100 oil and gas E&P company Buoyant energy market high east coast Australian gas prices and sustained high oil prices Operatorship of over 27,000 km2 of highly prospective acreage…
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An Australian S&P/ASX 200 energy company Onshore conventional and unconventional oil and gas High growth, profitable, no debt and strong cash position Dynamic, highly credentialed technical and commercial leaders Board and…
Senex is a major player in the SA Cooper Cooper Basin Basin Senex operates the largest acreage position in South Australias Cooper Basin Senex-operated permits cover 40% of prospective acreage in the Basin Located within proven…
A strong reserves pipeline 2P oil reserves additions of 4.5 Oil and gas reserves million barrels in FY14 and contingent resources As at June 2014 Represents a 2P oil Reserves 100.0 1000.0 914.0 Replacement Ratio of 327% 90.0…
QGC JV asset swap secured Transaction details Asset swap agreed with QGC, CNOOC and Tokyo Gas secures Senex a material 100% owned Surat Basin gas project Senex will exchange its minority interests in QGC operated eastern Surat…
Western Surat Gas Project - Forward plan Achieving an investment decision on a commercial gas project in the Surat Basin FY15 FY16 FY17 FY18 FY19 FY20 + Assess Select Define Execute and operate Demonstrate Select full-scale…
Success to date Senex has a track record of exploration and production success OIL GAS Reserve Over 300% reserve Origin farm out Extensive unconventional replacement replacement ratio in past two Unconventional and tight gas…
Delivering our strategy in FY15 Delivering the organic growth pipeline OIL BUSINESS Cooper oil exploration Extensive oil exploration drilling program Further 3D seismic programs Cooper oil exploitation Field development planning…
FY15 guidance Promoting growth projects in both oil and gas FY15 production guidance of 1.4+ mmboe (before exploration and appraisal success)1 200%+ 2P oil reserves replacement ratio (organic before acquisitions and divestments)…
FY15 seismic and drilling program Laying the foundation for accelerated production and reserves growth Continued investment in new 3D seismic surveys with our joint venture partners High impact Cooper Basin conventional oil…
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