Roc Oil Company Limited (ROC) 7 September 2011 ASX RELEASE GOOD OIL CONFERENCE PRESENTATION Attached is ROC's presentation to the 2011 Good Oil Conference. A copy is also available on ROC's website:…
a unique strategy for growth Good Oil Conference 7 September 2011 Matthew Gerber General Manager Corporate Affairs & Planning
To build shareholder value we will leverage our distinctive industry position and our established competitive advantages to maximise value from new and existing assets 2
Unique set of competitive advantages for a mid-sized company Operational experience Technical capabilities Industry relationships Regional focus 3
10+ years of operational experience 25,000 BOPD ROC-operated production China and Australia Development / Appraisal Zhao Dong, offshore northern China Cliff Head, offshore Western Australia Beibu Gulf, offshore southern China…
Respected technical capabilities Full Asset Cycle Operator Cliff Head production, offshore Australia Zhao Dong development & production, offshore China Beibu Gulf exploration & appraisal, offshore China Exploration, offshore New…
Established industry relationships National Oil Companies Petrochina (China) CNOOC (China) Sinochem (China) PETRONAS (Malaysia) PETRONAS Carigali (Malaysia) Pertamina (Indonesia) Industry Partners DIALOG Group in Malaysia…
Core focus on Asia and Australasia Established Hydrocarbon Provinces Fits ROCs marginal field niche Lower exploration risk Established markets Established Relationships Asian NOCs (listed in slide 6) Lower Cost Structure…
Optimise the existing business Maintain cashflow Maximise production from 2P reserves Commercialise resources Improve financial performance Budget delivery Cost management Balance financial & operational risks Portfolio…
Malaysia entry Small Field Risk Service Contract (SFRSC) for Balai Cluster fields awarded The Balai Cluster comprises a cluster of oil and gas fields in the areas around the Balai and West Acis discoveries Contractor group interests…
Africa exit Africa exit will allow redeployment of capital and resources to pursue opportunities more consistent with ROCs strategy to generate future growth through exploration, appraisal and pre-development opportunities located in…
China expansion An important element of ROCs strategy is to generate future growth through the commercialisation of near field opportunities through existing infrastructure. In March, the Zhao Dong block was expanded through the…
Cliff Head optimisation Extracting value and enhancing the performance of existing assets in ROCs portfolio has been an important focus for several years. Recent workover completed the installation of a third electric submersible…
Financial & capital focus Exercising financial and capital discipline, as well as risk management, is an important focus for ROC as the revised growth strategy is implemented. In May, ROC completed a refinancing of its existing loan…
2011 achievements ROC has already delivered against the goals set as part of the renewed strategy. Appointed new CEO (Feb) FID for Beibu Gulf Project (Feb) Expanded Zhao Dong Block acreage (Mar) Sold onshore Angola asset (May)…
2011 Objectives Generate Conduct reviews and/or bid on new business opportunities Opportunities Deliver risked recoverable 2C resources from new exploration assets Capture Value Deliver new production or pre-development…
Corporate Profile ASX-listed Upstream Company since 1999 Production MMBOE Revenue USM Over 180 employees 4 300 Offices in Sydney, Perth, Beijing and Kuala Lumpur 710 million shares on issue 200 Market capitalisation A215 million (…
HSEC Performance YTD 2011 Injuries YTD 2011 Incidents Health & Safety Asset Integrity Management programme implemented 0 LTIFR in YTD 2011 APPEA five-year average is 0.9 2.3 TRIFR in YTD 2011 APPEA five-year average of 5.2 15…
www.rocoil.com.au For further information contact: Matthew Gerber General Manager, Corporate Affairs & Planning +61 2 8023 2000 mgerberrocoil.com.au
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