Skip to main content Proposed Acquisition of QGC – BG Group Investor Presentation | Shale Experts
Loading...
Database
Slide Database

Proposed Acquisition of QGC – BG Group

BG Group · Oct 28, 2008 · 20 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. Proposed Acquisition of QGC – BG Group – slide 1
    Proposed acquisition of QGC London 28 October 2008
  2. Proposed Acquisition of QGC – BG Group – slide 2
    Proposed acquisition of QGC Key messages On-market cash offer for QGC at A5.75/share (circa A5.2bn*) Value creation from combination of QGC & BG skills & assets Fair and certain value for QGC shareholders Strategic Asia-Pacific…
  3. Proposed Acquisition of QGC – BG Group – slide 3
    Proposed acquisition of QGC Presentation structure Details of the transaction QGCs business BG Groups strategy Rationale: Industrial logic and strategic drivers 3
  4. Proposed Acquisition of QGC – BG Group – slide 4
    Proposed acquisition of QGC Transaction details - 1 BG & QGC have agreed terms of recommended transaction Unconditional on-market takeover offer for all QGC shares at A5.75/share The offer price is final* Offer values QGC at…
  5. Proposed Acquisition of QGC – BG Group – slide 5
    Proposed acquisition of QGC Transaction details - 2 BGs existing stake in QGC is 8.7%* Pre-bid agreements for 8.3% of QGC shares: Sentient, ANZIS QGC Chairman Robert Bryan & Managing Director Richard Cottee QGC Directors intend…
  6. Proposed Acquisition of QGC – BG Group – slide 6
    Proposed acquisition of QGC Transaction details - 3 AGL intends to sell 22% into BGs offer Separate agreement giving AGL an option to acquire: 100% of Lacerta & 15% of Polaris licences for A856 million 100% of Condamine power…
  7. Proposed Acquisition of QGC – BG Group – slide 7
    Proposed acquisition of QGC Transaction details - 4 June 08 QGC-Roma recommended takeover August 08 QGC-Sunshine recommended takeover 98% of Roma shareholder acceptance compulsory acquisition 81% of Sunshine shareholder acceptance…
  8. Proposed Acquisition of QGC – BG Group – slide 8
    Proposed acquisition of QGC Transaction details - 5 Federal Treasurer given approval for takeover* Timing: QGC shareholders are able to sell their QGC shares to BG from today Bidders Statement lodged today; despatch to shareholders…
  9. Proposed Acquisition of QGC – BG Group – slide 9
    Proposed acquisition of QGC QGCs business Successful and material CSG business Centred on world class CSG in Walloon Fairway Operator of 95% of licences in Walloon Fairway; average BG/QGC licence equity 75% 3P reserves of 8,200…
  10. Proposed Acquisition of QGC – BG Group – slide 10
    Proposed acquisition of QGC February 2008 QGC-BG Group alliance Alliance covering reserves, domestic market development & LNG export BG acquired a 9.9% stake in QGC & 20% interest in QGC CSG assets BG has rights to increase its…
  11. Proposed Acquisition of QGC – BG Group – slide 11
    Proposed acquisition of QGC QGC-BG Group alliance progress Good progress on reserves maturation; 2P + 3P reserves doubled LNG site delineated for up to 12 mtpa plant Land acquired by Queensland government FEED study underway with…
  12. Proposed Acquisition of QGC – BG Group – slide 12
    Proposed acquisition of QGC BG Groups strategy Integrated Gas Major Connect gas to Secure competitively high value markets priced resources Build & access markets Equity reserves Serve customers Contracted resources Skills…
  13. Proposed Acquisition of QGC – BG Group – slide 13
    Proposed acquisition of QGC BG Groups operating profit m CAGR 35% 1997-2007 3500 3,248 3,103 3000 2,833 2500 2,389 2000 1,520 1500 1,287 1000 833 888 688 500 330 160 229 0 1997 2000 2003 2006 2007 2008 H1 E&P T&D,…
  14. Proposed Acquisition of QGC – BG Group – slide 14
    Proposed acquisition of QGC LNG demand 250 Pacific Basin LNG Demand (mtpa) CAGR 5.4% (2005-20) 200 150 100 50 0 2005 2010 2015 2020 Japan S Korea India China Taiwan Other Source: Wood Mackenzie Strong demand growth…
  15. Proposed Acquisition of QGC – BG Group – slide 15
    Proposed acquisition of QGC BG Groups global LNG strategy & markets UK Belgium France USA S. Korea Spain Japan Turkey Italy India China** Puerto Rico Mexico Egypt Taiwan Trinidad Singapore* Nigeria EG Australia Brazil…
  16. Proposed Acquisition of QGC – BG Group – slide 16
    Proposed acquisition of QGC Industrial logic Material value creation through combination of BG & QGCs skills & assets Single, efficient, integrated organisation Seamless and enduring alignment of objectives & operating performance…
  17. Proposed Acquisition of QGC – BG Group – slide 17
    Proposed acquisition of QGC Strategic drivers Establishes a material BG business in a stable, OECD country Provides step change to BGs Asia Pacific business footprint Material resources close to domestic and regional markets…
  18. Proposed Acquisition of QGC – BG Group – slide 18
    Proposed acquisition of QGC Key messages On-market cash offer for QGC at A5.75/share (circa A5.2bn*) Value creation from combination of QGC & BG skills & assets Fair and certain value for QGC shareholders Strategic Asia-Pacific…
  19. Proposed Acquisition of QGC – BG Group – slide 19
    Proposed acquisition of QGC Appendix: Valuation metrics Date announced Buyer Seller 3P reserves PJ A per GJ US per US per mmbtu boe Proposed transaction BG QGC 8,200* 0.67 0.44 2.64 including BGs existing interest (1)…
  20. Proposed Acquisition of QGC – BG Group – slide 20
    Proposed acquisition of QGC Glossary A Australian dollar GJ Giga Joules US United States dollar HoA Heads of Agreement UK pounds sterling H1 First Half year m Million UK pounds sterling IFRIC International Financial Reporting…

From the store

Browse maps, data & reports in the Shale Experts store