Skip to main content 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation Investor Presentation | Shale Experts
Loading...

2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation

Interoil Corporation · Jun 24, 2013 · 30 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. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 1
    Annual and Special Meeting - June 24, 2013 Wayne Andrews Vice President Capital Markets
  2. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 2
    World-Class Partner with ExxonMobil (EMPNG) on PRL 15 Development InterOil has entered into exclusive negotiations with EMPNG on the development of PRL 15, which comprises the Elk and Antelope fields The negotiations between InterOil…
  3. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 3
    Facts Regarding Our Proposed Transaction EMPNG, InterOil and Pacific LNG are currently engaged in negotiations towards a Sales and Purchase Agreement (SPA). Discussions between EMPNG, InterOil and Pacific LNG on price and equity…
  4. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 4
    The Right Neighborhood Natural Gas Supply High productivity 300 Mmcf/d Antelope flow tests Tests indicate 5-6% CO2 InterOil tested 20 Bbls/MMcf of condensate Minimal pre-LNG processing requirements Second significant discovery…
  5. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 5
    Strong Balance Sheet March 31, 2013 December 31, 2012 Cash, Cash Equivalents, Restricted Cash 107.4 98.9 Total Current Assets 463.2 438.6 Plant & Equipment, Oil & Gas Properties 798.1 770.1 Total Assets 1,368.6 1,299.8 Current…
  6. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 6
    Successful Track Record InterOil was formed in 1997 - Vision to create an integrated energy company Exploration licenses signed under incentive program - 2003 Elk-1 discovery of Elk fault block 2006 Antelope-1 discovery of Antelope…
  7. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 7
    Gulf LNG Project Petroleum Retention License 15
  8. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 8
    World Class Hydrocarbon Province InterOils 3.9 Million Acres Gross Page 11
  9. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 9
    PRL 15 Delineation to Continue With Input From Development Partner Upstream Camp Site Page 12
  10. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 10
    PRL 15 Resource Estimate - Elk and Antelope Structure Total Contingent Resource Estimate for Gas and Condensate for the Elk and Antelope Fields As at December 31, 2012 Case Low Best High Initial Recoverable Sales Gas(Tcf) 6.83 9.07…
  11. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 11
    PRL 15 Upstream Development And Logistics Operations Hou Creek North Access to PRL15 Herd Base - South Access to PRL15 Infrastructure Investment to Reduce Current Drilling Costs and Fast Track Early Works During the first…
  12. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 12
    Antelope Field Appraisal Program Upstream Development Camp - Ant-3 Antelope-1, Antelope-3, Upstream Camp Antelope-3 Log Results Fully Support Our Reservoir Model On January 24, 2013, we completed the logging program on the…
  13. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 13
    Elk Field Appraisal Program Rig3 at Elk-3 Well site Elk-3 Well Site Hou Creek in Background InterOils Rig 3 InterOils Rig3 remains in position on Elk-3. Rig 3 is currently on stand-by status with a minimum crew. Future…
  14. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 14
    Exploration Update Petroleum Prospecting Licenses 236, 237 and 238
  15. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 15
    Triceratops Field Structure Map North Triceratops PPL338 PPL237 Prospective Triceratops-1 Northwest Triceratops Triceratops-2 Contingent Bwata-1 Approximate Contingent Resource area Approximate Prospective Resource…
  16. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 16
    Potential Scale of the Triceratops Field Strike line BW05IOL10 Triceratops-2. Potential height 680 m (2,231 ft) Potential Gas Triceratops-2 Column Height Bwata-1 Triceratops Field 158 m (518 ft) Bwata-1 (GWC) 5,500ft…
  17. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 17
    The First Resource Estimate of Triceratops Structure in PPL237 Total Contingent Resource Estimate for Gas and Condensate for the Triceratops Field As at December 31, 2012 Case Low Best High Initial Recoverable Sales Gas (Tcf) 0.12…
  18. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 18
    Triceratops Field Appraisal Program Triceratops and adjacent acreage seismic acquisition The Triceratops discovery is InterOils third in succession after the Elk and Antelope fields. InterOil completed the additional testing requested…
  19. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 19
    Surrounding Leads and Prospect Inventory to Fuel Long-Term Growth Page 22
  20. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 20
    Well Locations Have Been Selected for Tuna and Wahoo/Mako Prospects Potential locations for future exploration wells were selected following completion of seismic acquisition, processing and mapping. As a result of the success of the…
  21. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 21
    Operating Businesses Refining, Distribution and Community Affairs
  22. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 22
    InterOil is a Proven PNG Operator InterOils refinery has operated for over 10 years without a Lost Time Injury Over 100 crude cargos processed Internationally Sourced: West Africa, Asia, Australia and PNG. 11.5 billion litres of fuel…
  23. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 23
    InterOil Operates the Largest Refined Product Distribution Network in PNG Downstream (Retail & Distribution) - InterOil Products Limited 56 Retail Stations placed across all of Papua New Guinea 12 Aviation Facilities 6 Large…
  24. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 24
    InterOil Provides Aid and Development in Operating Areas Transport Medical Supplies from Kerema to Clean Water Supply Provided to Provincial Areas Kanabea Airstrip by Helicopter Transport Medical Supplies from Kerema to…
  25. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 25
    InterOil Provides Aid and Training to Under-Staffed Provincial Areas Improving community health InterOil helps daily Medical supplies and free through VHV health checks A patient being airlifted from Kapuna rural hospital to Kerema…
  26. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 26
    Financial Position December 31, 2012
  27. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 27
    Summary of Consolidated Quarterly Financial Results Quarters ended 2013 2012 2011 ( thousands except per share (2) (2) (2) (2) (2) (2) (2) data) Mar-31 Dec-31 Sep-30 Jun-30 Mar-31 Dec-31 Sep-30 Jun-30 Upstream 1,862 4,136 2,216…
  28. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 28
    Change in Current Assets less Current Liabilities Quarter Ended March 31, 2013 200.0 160.0 42m 39m 142m 120.0 US Dollars (Millions) 122m 8m 15m 80.0 40.0 - Opening CA - CL Invest Gulf Project and…
  29. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 29
    Group Debt Optimization Capacity Current 19% Geared 50% Geared Open Debt Borrowing Level Borrowing Level Capacity=31% Debt Quantum (m) 179 778 599 Page 32
  30. 2013 ANNUAL AND SPECIAL MEETING – Interoil Corporation – slide 30
    An Energy Development Company With Significant Exploration Potential www.interoil.com Thank You

From the store

Browse maps, data & reports in the Shale Experts store