Expanding Horizons Dawn of a New Decade Credit Suisse Energy Summit Mark Gyetvay, Chief Financial Officer and Member of the Board of Directors 10 February 2011
Four Pillars Supporting Sustainable Growth SEC P1 Reserves movements1 mm boe Ten years of natural gas production1 World class efficiency Pricing update to achieve export netback parity 150 bcm Current netback parity price 180.00…
NOVATEKs Fields and License Areas (LA)1 gas pipeline gas condensate pipe- line gas condensate pipe- Yamal-Nenets Autonomous 22 line, launched in 2010 Region (YNAO)2 one of the producing fields worlds largest natural gas other…
A Proven Strategy to Build Reserves1 Compound Annual Growth Rate 2000 - 2010: 13% Other fields Khancheyskoye SeverEnergia fields Sibneftegas fields South-Tambeyskoye mmboe East-Tarkosalinskoye Yurkharovskoye…
Ramping Up Hydrocarbon Production Natural gas sales production, bcm Gas condensate sales production, mmt 3,5 3,4 3,0 2,9 2,5 2,3 2,1 2,2 1,9 2,0 1,5 1 1,0 0,5 0,0 2005 2006 2007 2008 2009 2010 Total combined gas…
Location of Acquired Fields Core NOVATEK Fields Other NOVATEK Fields NOVATEKs NOVATEK License Areas Yamal peninsula Fields SeverEnergia License Areas Sibneftegas License Areas Purovsky Plant Gas Pipeline Gas Condensate…
Acquisition of New Assets Effect of acquisitions on Effect of Sibneftegas acquisition on total C1 + C2 reserves1 total PRMS Proved reserves2 2,505 311 19,396 1,228 80 8,688 1% 1% 8% 6% 12% 11% 13% 17% 59% 99% 89% 88% 79%…
Domestic Natural Gas Sales and Production NOVATEKs natural gas sales to Russian regions 9M 2010 NOVATEK today is1 6% of Russian gas production 11% of deliveries to Russian domestic market 9M 2010 Russian natural gas supplies to…
Expanding Our Liquids Commercial Reach 11
Production Cost1 per boe Production costs (RR/boe) Production costs (USD/boe) 190.9 6.00 5.62 4.93 139.8 126.1 Transport 120.1 Transport Transport 2.92 3.78 Transport 2.50 Transport Transport 72.6 64.0 DD&A 0.77 DD&A…
Internally Funded Investment Program Core investments in upstream exploration, production and processing facilities funded primarily through internal cash flows 13
Industry Comparisons 2009 Proved SEC gas reserves, bcm1 2009 Natural Gas R/P Ratio2, Years Source: Company data, SEC filings Source: Company data, SEC filings Notes: 1. For companies who report gas reserves in cubic feet (cf),…
Still One of the Lowest Cost Producers Strong cost control record Low realized prices high margins 60 FY 2009 Oil & Gas Revenue, /boe 50 Nexen South EnCana 40 Western Chesapeake Energy EOG Energy Devon Anadarko 30…
Still the Most Efficient Producer Low cost long life Recycle ratio1 Source: John S. Herold Inc. (JSH) Source: JSH and Harrison Lovegrove & Co. Ltd. 2010 Global Upstream Performance Review 2008 and 2009, and JSH 2010 Global…
Unrivalled Capital Efficiency Exploration & Development Capital Expenditures Converted to Production 2 1 1 Source: Company filings and NOVATEK data Source: Company filings and NOVATEK data High production flow rates yet…
Questions and Answers Contact details: NOVATEKs Investor Relations Mark Gyetvay, Chief Financial Officer Gregory Madick, Head of Investor Relations Tel: +7 (495) 730-6013 Email: irnovatek.ru Website: www.novatek.ru 18