Roc Oil Company Limited 17th Asia Oil & Gas Week 2 Corporate Profile & 2011 Business Performance ASX-listed Upstream Company since 1999 Over 180 employees Offices in Sydney, Perth, Beijing and Kuala Lumpur 683.2 million shares on…
Roc Oil Company Limited 17th Asia Oil & Gas Week 3 2011 HSEC Performance Health & Safety Progress in implementing the Asset Integrity Management project 0 LTIFR in 2011 1.2 TRIFR in 2011 Environment 0 significant loss of…
Roc Oil Company Limited 17th Asia Oil & Gas Week 4 Unique set of competitive advantages for a mid-sized company 10+ year of operational experience 25,000 BOPD ROC-operated production in China and Australia Respected technical…
Roc Oil Company Limited 17th Asia Oil & Gas Week 5 Core focus on Asia and Australia Established Hydrocarbon Provinces Fits ROCs marginal field niche Lower exploration risk Established markets Established Relationships Asian NOCs…
Roc Oil Company Limited 17th Asia Oil & Gas Week 6 Cliff Head oil field Location: Offshore Perth Basin, Western Australia Working Interest: 42.5% Operator: ROC Unmanned platform Development: Pipeline to onshore stabilisation…
Roc Oil Company Limited 17th Asia Oil & Gas Week 7 Zhao Dong oil fields Location: Offshore Bohai Bay, China C&D (+ERA) 24.5% Working Interest: Zhanghai & Chenghai Blocks 39.2% C4 Field 11.575% (unitised) Operator: ROC 4 linked…
Roc Oil Company Limited 17th Asia Oil & Gas Week 8 China Expansion The ROC regional growth strategy supports the commercialisation of near field opportunities through existing infrastructure. In March 2011, the Zhao Dong block was…
Roc Oil Company Limited 17th Asia Oil & Gas Week 9 Beibu Gulf oil fields Location: Offshore Beibu Gulf, China Working Interest: 19.6% Operator: CNOOC Two unmanned platforms Development: 11 development wells Pipeline to CNOOC…
Roc Oil Company Limited 17th Asia Oil & Gas Week 10 China Expansion (cont.) In February 2011, the Final Investment Decision for the Beibu Gulf project was approved In February 2012, the Environmental Impact Assessment for the…
Roc Oil Company Limited 17th Asia Oil & Gas Week 11 Beibu Gulf Project Progress
Roc Oil Company Limited 17th Asia Oil & Gas Week 12 Malaysia Entry Balai Cluster Risk Service Contract (RSC) awarded in August 2011 Strong relationship formed with PETRONAS and BENTARA DIALOG Group through the process BALAI…
Roc Oil Company Limited 17th Asia Oil & Gas Week 13 Key Balai Cluster RSC Terms The contract duration for the Balai Cluster RSC is 15 years. All fields within the Balai Cluster will be appraised during the pre-development phase.…
Roc Oil Company Limited 17th Asia Oil & Gas Week 14 RSC Flowchart Revenue PETRONAS Share Payments Ceiling (CAPEX recovered from 70%) PETRONAS Royalty (10%) OPEX & CAPEX Reimbursement Abandonment Costs Revenue remained…
Roc Oil Company Limited 17th Asia Oil & Gas Week 15 Balai Cluster RSC Progress
Roc Oil Company Limited 17th Asia Oil & Gas Week 16 Balai Cluster RSC Progress (cont.)
Roc Oil Company Limited 17th Asia Oil & Gas Week 17 2012 & 2013 Activity 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4 x Beibu Gulf Wells EXPLORATION ACTIVITY Block H Well (EG)* Balai Cluster Pre-Development Activity APPRAISAL ACTIVITY Zhao…
Roc Oil Company Limited 17th Asia Oil & Gas Week 18 2012 Objectives Share Price Deliver positive share price performance on absolute and comparative basis Identify and deliver new appraisal/development opportunities in focus region…
Roc Oil Company Limited 17th Asia Oil & Gas Week 19 Looking forward Pursuing further growth opportunities in the focus region, such as Mature field rejuvenation projects in Malaysia; Additional exploration and appraisal acreage…