Skip to main content BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp Investor Presentation | Shale Experts
Loading...
Database
Slide Database

BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp

Murphy Oil Corp · Nov 15, 2011 · 41 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. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 1
    Bank of America Merrill Lynch 2011 Global Energy Conference David Wood President & Chief Executive Officer November 15, 2011 M U R P H Y O I L C O R P O R AT I O N
  2. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 2
    Murphy Global Growth Financial Strength Strong Balance Sheet Investment Grade Rating Strong Production Growth Premium N. Am Resource Position Impactful Exploration Program Advantaged US Retail Strategic Repositioning Exit…
  3. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 3
    Financial Strength Billion YTD Sep 2011 Liquidity sources 2.5 Cash flow YTD 2011 2.0 2.3 billion (Sep 30/11) 1.5 Revolver 1.0 New 5 year 1.5 billion committed facility June 2012 0.5 Long term bond market 0.0 Cash Cash Total…
  4. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 4
    Production Growth BOEPD 300 MBOEPD in 2015 350,000 Potential US - EFS, GOM 300,000 Sanction Likely 15,000 Canada - Seal Thermal, Montney Gas Malaysia - Rotan FLNG, SK Gas Ph. 3 Sanctioned 250,000 Existing US - EFS Oil & Gas, GOM…
  5. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 5
    Total Hydrocarbon Base Forecast 2009 2010 2011 2,814 MMBOE 3,291 MMBOE 3,400 MMBOE 439 MMBOE 455 MMBOE 500 MMBOE 18% 16% 14% 15% 36% 36% 14% 15% 14% 37% 15% 10% 10% 25% 25% Proved Probable Possible Contingent…
  6. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 6
    Reserves & Production Replacement Proved Reserves (MMBOE) 600 Undeveloped Developed Reserve Replacement 500 131% Annual Avg. Last 4 Years 400 124% in 2010 Estimate 150+% in 2011 300 200 Growing Production Profile 100 0…
  7. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 7
    EXPLORATION MURPHY OIL CORPORATION 8
  8. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 8
    2011 - 12 Exploration Program Kurdistan GOM 2 Wells 3 Wells Malaysia 5-8 Wells Brunei 5-12 Wells Congo Indonesia 1-3 Wells 1-2 Wells Australia Oil 1-2 Wells Focus on Oil Gas 18-32 Wells (gross) 2011-12 Oil & Gas Testing…
  9. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 9
    2011 - 2012 Exploration Program Q3 - 11 Q4 - 11 Q1 - 12 Q2 - 12 Q3 - 12 Q4 - 12 INDONESIA Semai ll South Barito BRUNEI CA-1 CA-2 GOM Multiple MALAYSIA Block H KURDISTAN Baranan Central Dohuk CONGO MPN/MPS AUSTRALIA…
  10. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 10
    US Gulf of Mexico Deep Blue GC 723 Murphy W.I. = 9.375% 723 Main Hole Encountered 32 Oil Pay U Drilling Side Track 1 D ST1 Resource Potential 27,500 115 200 MMBOE 28,000 767 MURPHY OIL CORPORATION 11
  11. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 11
    Brunei SABAH BRUNEI CA-1 & CA-2 SARAWAK Multiple Mega- BLOCK CA-1 BLOCK K Structures (5% W.I.) Kikeh Kakap- 2011 Gumusut BLOCK CA-2 4 Firm Wells (30% W.I.) Julong 2 Rigs Center 2012 At Least One Well Tualang Meranti…
  12. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 12
    Congo Significant Potential Multiple Play Types; Large Prospect Inventory Post-Salt Carbonates Pre-Salt Titane New 3D in MPN Confirms Pre-Salt Structures TRQM & Titane Tie Backs Being Worked 1-3 Wells in 2012 MURPHY…
  13. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 13
    Iraq TURKEY Kurdistan Region SYRIA IRAN IRAQ CENTRAL DOHUK Triassic Oil Discovery Central Dohuk 50% W.I. Operator Jurassic Oil Discovery Seismic Ongoing Spud Mid-2012 Baranan Block BARANAN 20% W.I. Drilling Spud…
  14. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 14
    Iraq - Central Dohuk 2 Giant Structures Billion Barrel Potential Simplified Legend Pliocene Miocene Oligocene U Eocene Mid-2012 First Well M, L Eocene Paleocene U Cretaceous L Cretaceous 10 km SW NE Potential in…
  15. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 15
    Malaysia - Block H SABAH SARAWAK Rotan Floating LNG Phase I Gas Sales 600 BCF 180 MMCFPD for 7 - 9 Years ROTAN Production Targeted 2015 DOLFIN Large Prospect Inventory MURPHY OIL CORPORATION 16
  16. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 16
    Cameroon New Country Entry 500 m 1000 m Ntem Block 1500 m Operatorship & 50% Equity Ntem 3 Prospects Mapped on 3D Multi Hundred Million Barrel Potential 2000 m Proven HC Province Under-Explored Deepwater Gas…
  17. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 17
    Impactful Global Exploration 2011 - 12 Program Oil Weighted Portfolio Global Exploration Reach 18-32 Gross Wells; 7 Countries Capital Emphasis 2011 390 Million Global Exploration Spend 1.45 Billion North American Resource…
  18. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 18
    North American Resource Portfolio MURPHY OIL CORPORATION 19
  19. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 19
    N. American Resource Exposure 2011 Program Eagle Ford Shale Montney Seal 5-7 Rigs; 46 Wells 20 Expl. / 26 Dev. Exshaw/Bakken Montney 3-6 Rigs; 55 Wells Eagle Ford Shale Seal Lake 2 Rigs; 60 Wells Exshaw/Bakken 1 Rig; 6…
  20. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 20
    Eagle Ford Shale Activity TEXAS TILDEN CATARINA KARNES 45 Horizontal Wells Drilled - 30 Producing - 8 Waiting on Completion Murphy Acreage 230,000 Net Acres NUECES Murphy Gas Well 0 10 mi Murphy Acreage Murphy…
  21. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 21
    Eagle Ford Shale TEXAS Well Activity To Date: 45 Drilled 30 Producing; 8 Awaiting Completion Producing 9,000 BOPD & 9 MMCFPD (gross) 5 Rigs Working; 7 Rigs by Year-end 2 Karnes; 2 Tilden; 1 Nueces Dedicated Frac Crew Complete…
  22. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 22
    Karnes Field Exceeding Expectations 1000 Daily Oil Production (BPD) 100 10 0 50 100 150 200 250 300 350 400 450 500 Days BOPD Karnes Sanction Type Curve MURPHY OIL CORPORATION 23
  23. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 23
    BRITISH Montney COLUMBIA ALBERTA Tupper Main 100 MMCFPD All-in Costs Below 3.75/MCF 81 Wells on Production Groundbirch British Columbia Alberta Sanction Recovery 305 BCF; 3.5 BCF/Well (gross) Tupper West Dawson Tupper…
  24. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 24
    BRITISH Seal COLUMBIA Large Resource ALBERTA 5+ Billion Bbls Oil in Place R18 R17 R16 R15 R14 R13W5 Current Net Production 8,000 BOPD T85 New Development Plan T84 EOR Pilots T83 Polymer Flood EUR 60+ MMBBL…
  25. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 25
    Southern Alberta ALBERTA Primary Objective Exshaw/Bakken Evaluation Phase 6 Appraisal Wells in 2011 3 Producers; 2 Evaluating; 1 Awaiting Completion MURPHY OIL CORPORATION 26
  26. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 26
    N. A. Resource Plays Four Play Exposure Three For Oil Predictable Growth Attractive Entry Costs Lease; Drill and Produce all the Time Drives Performance Entry in a Fifth Play Ongoing 100,000 Net Acres Acquired Complements…
  27. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 27
    FIELD DEVELOPMENT MURPHY OIL CORPORATION 28
  28. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 28
    Malaysia - Kikeh SABAH SARAWAK Field Development Ongoing Production Oil = 60,000 BOPD Gas = 80 MMCFPD Workover Program On Track Gravel & Frac Pack Recompletions Successful 2 Wells Back On Production MURPHY OIL…
  29. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 29
    Malaysia - Sarawak Gas LEGEND SABAH Oil / Gas Field Oil / Gas Discoveries Prospect Gas Holding Ring Fence Oil / Gas Pipeline SARAWAK 0 25 KILOMETERS SAPIH ENDAU TIRAM Production (gross) Gas = 260 MMCFPD SERAMPANG…
  30. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 30
    Malaysia Fields Sanctioned in 2011 Field Block 1st Production * Patricia SK 309 2012 * Serendah SK 309 2013 * South Acis, Permas, SK 311 2013 Endau * Siakap North K 2013 (* Sanctioned) MURPHY OIL CORPORATION 31
  31. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 31
    US Gulf of Mexico Front Runner A-8ST on Production Drilling A-7ST Thunder Hawk Received Permit for TH4ST Expected Spud Date: Late 2011 or Early 2012 Subject to Rig Availability MURPHY OIL CORPORATION 32
  32. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 32
    DOWNSTREAM MURPHY OIL CORPORATION 33
  33. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 33
    Refining Divestiture Completed Sale of US Refineries Superior, WI - 214 Million plus Inventory Closed Sep 30th Meraux, LA - 325 Million plus Inventory Closed Oct 1st UK Assets to be Split; Process Ongoing MURPHY OIL…
  34. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 34
    US Retail 1,119 Stations in 23 States Small Kiosk Format (1,002) Located in Wal-Mart Parking Lots MURPHY OIL CORPORATION 35
  35. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 35
    Murphy USA 2010 Market Share 1% - 2% US Market Share 3% 3% - 6% 5% Market Share in our 7% - 14% Footprint TN OK MURPHY OIL CORPORATION 36
  36. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 36
    Murphy USA Low Price, High Volume Fuel Seller Low Cost Fuel Supplier Low Cost Operator Low Price Niche Merchandising Partnered with 1 US Retailer Wal-Mart MURPHY OIL CORPORATION 37
  37. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 37
    Financial Performance High Revenue Business - 2010 US Retail EBITDA Billion Million 14 450 408 12.1 400 12 334 10.6 10.7 350 Estimate 10 9.7 300 255 8 250 5.8 200 6 164 163 156 150 130 4 100 2 50 0 0 Barnes &…
  38. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 38
    Biofuels - Ethanol Hankinson Renewable Energy 120 MMGY DDGS Railed to Market Local Corn Supply Hereford Renewable Energy Nameplate Capacity 105 MMGY WDGS Sold to Nearby Feed Lots High Storage Capacity MURPHY OIL…
  39. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 39
    US Retail Strengths Providing Quality Low Cost Fuel where the Customers want it Wal-Mart High Operating Cost Efficiencies High Fuel Volume per Site Tailor Future Sites to Market High Traffic Count MURPHY OIL CORPORATION…
  40. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 40
    Murphy Premium Business Global Footprint Oil Weighted Upstream Production Growth North American Resource Predictability US Retail Top Quartile Business Low Cost When Price Matters; Room for Growth Financial Strength Strong…
  41. BMAL 2011 GLOBAL ENERGY CONFERENCE – Murphy Oil Corp – slide 41
    Bank of America Merrill Lynch 2011 Global Energy Conference David Wood President & Chief Executive Officer November 15, 2011 M U R P H Y O I L C O R P O R AT I O N

From the store

Browse maps, data & reports in the Shale Experts store