CHAIRMANS ADDRESS ANDREW LOVE Sales revenue US242 million Net N t profit fit after ft tax t US61 million illi Production 6,445 BOEPD Net operating p g cashflow US126 million 100% reserve replacement in 2012 Positive HSE…
CEO REPORT ALAN LINN Roc Oil Company Limited (ROC) CEO REPORT SLIDE 3
CEO REPORT FOCUS & GROWTH Strategy O Operational ti l fframeworkk HSE and Sustainability Building Value Financial results Share price Regional focus and 2012 performance Operational and development performance…
CEO REPORT With its strong HSE and operating track record and return to consistent profitability, p y, ROC is well positioned to grow shareholder value in Australia, China and South East Asia, the Companys core operating…
FOCUS AND GROWTH STRATEGY Deliver existing business Focus on existing assets and optimise i i production d i performance Maximise near-field opportunities Focus on delivery of opportunities near to existing fields and…
ROC OPERATIONAL FRAMEWORK FOCUS OCUS & GROWTH G O DISCLOSURE ENGAGEMENT GOVERNANCE HSE & SUSTAINABILITY ROC LICENCE TO OPERATE Roc Oil Company Limited (ROC) SLIDE 7
2012 HSEC & SUSTAINABILITY PERFORMANCE 2012 LTIFR 1 Health & Safety Development of the ROC Asset Integrity Management system continues within all operations Zhao Dong achieved two years without an LTI 0 LTIFR was 0.6 versus the…
BUILDING VALUE - 2012 FINANCIAL RESULTS 358.2 163.8 182.5 285.8 242.1 126.3 235.4 108.0 106.2 204.5 91.4 69.1 58.4 35 4 35.4 43.4 08 09 10 11 12 08 09 10 11 12 08 09 10 11 12 Lower production led to Lower costs offset…
SHARE PRICE ROC Relative Share Price Performance in 2012 100.0% 80.0% 72.5% 60 0% 60.0% 40.0% 20.0% 16.3% 13.5% 0.0% -2.6% -20.0% Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec…
OPERATIONAL PERFORMANCE PRODUCTION (MMBOE) Deliver existing business Focus on existing assets and optimise production performance 4.0 3.7 3.1 2.7 2.4 Delivered production guidance 08 09 10 11 12 Maintained control of…
RESERVES AND RESOURCES 50 40 Africa (MMBOE) 30 100% reserve replacement 2.4 MMBLS Uk 20 an excellent result Australia China 10 Presenting combined reserve and 0 2P Reserves 2C Resources Best Estimate resource…
2012 EXPLORATION AND DEVELOPMENT PERFORMANCE Maximise near-field opportunities Focus on delivery of opportunities near to 76.3 existing fields and basins 63.7 65.3 28.5 30.8 08 09 10 11 12 prudent cost management in place…
PROJECT SNAPSHOTS CHINA BUSINESS UNIT China China Beibu Environmental Impact Awarded new exploration block Assessment approval 09/05 (Bohai Bay, offshore Onshore platform China) fabrication Beibu Gulf offshore jacket…
PROJECT SNAPSHOTS BC PETROLEUM MALAYSIA Malaysia Malaysia Conversion of purchased Project finance of US162 vessel million secured for Balai Cluster to an Early Production Vessel Risk Service Contract pre- commenced development…
FOCUS AND GROWTH STRATEGY Develop opportunities in new ventures Focus regions of South Utilise operator and current skill East Asia and China sets to deliver new opportunities in focus regions Bohai Bay - Block 09/05, offshore…
2012 OBJECTIVES 2012 OUTCOMES Deliver positive share price performance Share Price Delivered: Share price increased 73% for 2012 on absolute and comparative basis Identify and deliver new Delivered: Balai Cluster pre…
PEOPLE & TEAMS ROC China 20-year planning sessions BCP HSE leadership day We take pride in the relationships we forge and work hard to maintain a win- win environment Our regional experience and organisational diversity…
2013 OBJECTIVES On track to achieve guidance OBJECTIVE MEASURE Operational HSE Same or better than 5 year OGP averages (Asia & Australasia) for TRIFR and LTIFR, including implementation of 2013 Corporate proactive milestones…
ACTIVITY SUMMARY Roc Oil Company Limited (ROC) CEO REPORT SLIDE 20
STAYING ON TRACK Deliver existing business Our focus and growth strategy seeks to: deliver d li sustainable t i bl value l growth th Maximise near-field opportunities ensure predictable financial and operating…
RESOLUTIONS AND PROXIES Roc Oil Company Limited (ROC) RESOLUTIONS AND PROXIES SLIDE 22
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