Southeast Asia positioned for continued profitable growth Base 1 Free cash flow to invest Growth 2 5-10% sustainable growth Southeast Asia 8% growth from known projects, self-funded Ex Exploration 3 Renewal of the…
Southeast Asia health, safety and environment Total recordable injury frequency (TRIF) and Number of spills (0.5 bbl) and unintentional lost time injury frequency (LTIF) hydrocarbon releases (UHR) Per million man hours 4 25 TRIF…
Talisman advantage in Southeast Asia Southeast Asia gas price trend /mcf Indonesia Singapore Malaysia 6 15 6 +8% +16% 12 +10% 4 4 9 6 2 2 3 0 0 0 2005 2010 2005 2010 2005 2010 Source: Wood Mackenzie Southeast Asia…
Near-term projects underpin production growth Southeast Asia production mboe/d 200 Development Base 8% Key development projects 100 Corridor additional gas sales Jambi Merang PM-3 CAA IOR PM-3 CAA infill drilling…
Corridor a major cash generator for Southeast Asia 1Q 2011 price realization and netbacks Largest gas producing property in /mcf Talismans portfolio 9.41 3.09 1 bcf/d (gross) sales gas 4.3 tcfe (gross) committed to gas contracts…
Jambi Merang a high quality acquisition TLM block TLM non-focus block Production mboe/d Past well Prospect/lead 12 South Sumatra Gas pipeline Oil field 8 Gas field 4 Gas to Singapore and Duri Jambi Jambi Merang…
Malaysia proven project execution PM-3 CAA Southern fields Sanction date 2000 First production 2003 Total gross cost ( million) 2,700 Total gross project EUR 310 (mmboe) PM 305/314 Sanction date Late 2003 First production…
PM-3 CAA incremental oil recovery projects Gas export IOR Phase 1 (completed in 2010) IOR IOR to Vietnam 9 new producers, 3 new injectors Phase Phase 2a2a (Kekwa) (Kekwa) 11 mmboe incremental reserves (2P) Results exceeded…
Long-term potential from high quality exploration portfolio TLM block Major exploration option Other exploration option Vietnam LNG facility Nam Nam Con Con Son Son Basin Basin Sabah Sabah Arun LNG Malaysia Bontang…
Exploration supports longer-term production growth Southeast Asia production mboe/d 250 200 Medium-term exploration 8% 150 Vietnam Nam Con Son Indonesia 100 Near-term projects Makassar Straits Andaman III block…
PNG well positioned for significant resource capture TLM block Estimated 15-20 tcf (gross) Discovery unrisked prospective resource Well Siphon-1 Siphon-1 Lead Stanley-4 Stanley-4 Access to 14 licenses covering Elevala-2…
PNG potential to deliver competitively priced gas Feed gas cost comparisons /mmbtu 3.5 By 2020, a supply gap CSG Conventional gas of 21 bcf/d emerges in 3.0 Asia Pacific 2.5 Significant competition to fill supply gap from…
Southeast Asia incremental production Incremental production mboe/d Corridor 60 Corridor Underpinned by demand PM-3 CAA Kitan 50 Jambi Merang PM-3 CAA HST/HSD Organic growth through incremental oil 40 recovery projects…