OIL SEARCH LIMITED 1 The Next Transformation PNG LNG being delivered progressively and predictably four fold increase in production with similar impact on cash flows Focus on LNG expansion OSH a major resource and…
Consistent strategy and disciplined capital management deliver share price growth A billion OSH Market Capitalisation & Share Price History A/share 12 9.00 Significant share price growth o 20 years to date 977% 8.00 o 10 years to…
PNG LNG Project Angore Hides Juha Juha Facility Moran 6S Hides Gas Conditioning Plant Komo Airfield Agogo Kutubu Gobe Main 7S Onshore pipeline and Infrastructure Oil Pipeline 8S Kumul Terminal PNG LNG Gas…
Commissioning of key equipment at LNG plant site underway PNG LNG Plant LNG Facility 7 More than 600km of 700km of pipeline complete Onshore Pipeline Offshore Pipeline Pipeline Installation 8
Oil fields have commenced supplying commissioning gas Kutubu Kumul TEG Dehydration Unit at CPF 9 With Komo operational, Hides Plant is making solid progress Komo Airfield HGCP Hides Gas Conditioning Plant (HGCP)…
Drilling at Hides underway with two rigs Hides GTE Plant PDL 1/7 Hides Field 8 New Production Wells Hides Nogoli Camp PDL 8 Angore Field 2 New Wells Hides Gas Conditioning Plant 10km Komo Airfield Rig 702 has…
Potential expansion of PNG LNG using Highlands gas PPL260 PNG LNG Project Gas Resources With PNG LNG construction PRL3 Hides Non PNG LNG Gas approaching completion, Juha North Resources focus is moving to potential Wabag…
Gas discoveries in Gulf of Papua Gas discovered at both Flinders and Hagana wells in PPL 244 Good quality sand discovered at 8S Kidukidu in PPL 385 but water Kumul Terminal wet PPL234 Drill results prove Plio- Pleistocene turbidite…
Upside on the Mananda Ridge Mananda 6, Digimu test, June 2013 up to 1,750bopd Mananda 6 SE Mananda Mananda 5 4km M 3X M 5 M6 M 4X SEM 2X SEM 1X Schematic cross-section NW SE along Mananda 5 and 6 discoveries and…
Taza oil discovery: moving to appraisal Kor Mor SW Taza 1 NE Jambur Taza Taza 2 Proposed Taza 5 Proposed Taza 4 Proposed Taza 1ST2 Taza 3 Proposed SE Jambur Lead Jeribe/Dhiban Euphrates/Kirkuk Pulkhana 2km…
Steadily adding value PNG LNG revenues getting closer: Continuing preparations for LNG start-up and new opportunities and responsibilities post LNG Progressive augmentation of management team, operational systems and facilities life…
In first full year, PNG LNG will add 19 mmboe net to OSH production Net Production (mmboe) 30 Mananda High Case(1) Mananda Base Case 25 Taza EWT PNG LNG (T1+T2) Hides GTE 20 SE Mananda(2) Gobe(2) Moran(2) Kutubu(2) 15 10 8.12…
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