ANNUAL FOCUS + GENERAL GROWTH MEETING 2013 Good Oil Conference Tuesday 3 September 2013 Simon Daniel Manager Production & Development, Australia
COMPANY OVERVIEW ASX-listed ASX li t d upstream t company since i 1999 Over 180 employees Offices in Sydney, Perth, Beijing and Kuala Lumpur Sales revenue (USM) 683.2 million shares on issue Operated 20,424 boepd in 1H13…
HSE PERFORMANCE Health & Safety 2 2013 LTIFR Implementation of the ROC Asset Integrity Management system continues A Lost Time Injury (LTI) was sustained at Zhao Dong - Safety improvement programme is being implemented APPEA 5 year…
RESERVES & PRODUCTION SUMMARY 43.6 mmboe Africa 6,478 UK BOEPD Enoch Australia Blane China Cliff Head Beibu Gulf 22.9 mmboe Zhao Dong 15.0 mmboe 2P Reserves 2C Resources Best Estimate (Risked) Average BOEPD - 6…
FOCUS & GROWTH STRATEGY Deliver Existing Production Focus on existing assets and optimise production performance Our focus and value growth strategy: gy Maximise Near-Field Opportunities Dedication to HSE and Asset Integrity…
COMPETITIVE ADVANTAGES FOR A MID-SIZED COMPANY 13 years of operational experience 20,424 BOPD ROC-operated production in China and Australia in 1H13 Development and appraisal in China, Malaysia and Australia Exploration…
CORE FOCUS ON SOUTH EAST ASIA, CHINA AND AUSTRALIA Established hydrocarbon provinces Leverage ROCs marginal/mature field operations ti skills kill Established infrastructure and markets Competitive p cost structure…
DEVELOP AND GROW EXPLORATION & APPRAISAL 09/05 Awarded in 2012, 2012 located 15km from Zhao Dong blocks China 3D seismic underway Exploration drilling scheduled for 2014 Reviewing further acreage opportunities to complement…
2013 ACTIVITIES 2013 2014 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Exploration Bohai Bay Block H activity 09/05 seismic Well1 (EG) Bohai Bay 09/052 Balai Cluster pre development activity Appraisal activity Zhao Dong (Zh (Zhanghai) h…
SUMMARY Regional focus in areas with world class proven basin potential Attractive appraisal and development portfolio Profitable and diverse oil producing assets delivering low risk revenue and free cash flow Established…
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