OIL SEARCH LIMITED Creating value for Stakeholders 1 Sustained Top Quartile Performance 9.00 Share price OSH has delivered an (rebased to OSH) annualised TSR of 15% over 8.00 last five years Oil Search Performance…
OSH Strategies to Create Value Optimise current oil and gas production: Through improved efficiencies and pursuit of near field opportunities Maximise value of PNG LNG Project (T1 & T2): By utilising in-country knowledge to assist…
Onshore/Offshore Pipelines Construction of Kopi wharf, key onshore supply base, complete Current activities include: Ongoing procurement, mobilisation and delivery of onshore/offshore pipe Route clearance Onshore pipe lay…
Associated Gas (AG) Project Commencement of construction Fabrication of replacement offloading buoy underway Labour and construction management contract awarded for the refurbishment of the Kumul Marine Terminal 9…
2011 PNG LNG Project Focus Areas Ramp up of logistics and resourcing Onshore pipeline installation terrain, multiple work fronts Continued work with project area communities Efficient use of landowner companies to deliver…
Expansion Activities 13 Strong Asian LNG Markets Outlook MMTPA 300 Other Malaysia 250 Singapore Thailand 200 China Chile Mexico West 150 India Taiwan 100 South Korea 50 Japan 0 2007 2009 2011 2013 2015 2017…
PNG Gas Growth Hubs Pnyang 100km PNG LNG Project Gas Resources Oil Search pursuing two- Juha North Hides Conditioning Plant Non PNG LNG pronged LNG expansion Hides Huria Gas Resources Exploration strategy Juha 6S Angore…
Gulf Area LNG Oil Search believes Gulf Area has PPL260 PPL339 Gobe best potential for finding significant new gas accumulations 338 339 339 7S Over past year, OSH has: 338 Elk/Antelope 338 Secured broad licence position…
Kokomo Prospect Reservoir Lower Channel L Amplitude H 6 km Map view of horizon slice 19 Operations Update 20
2011/12 Development / Appraisal Drilling Activity PPL260 Solid production performance from Hides PNG oil fields during 2011 to date PDL PRL 8 11 Angore 2011 production impacted by: PRL 11 6S PDL6 PDL5 Natural decline, being…
Mananda 5 Discovery and Conceptual Development Oil and gas discovered in four zones at Mananda 5 in PPL 219 (OSH 71.25%, JX Nippon 28.75%) Mananda 5 well now suspended and assessment of conceptual development options is underway…
MENA Exploration K42 & Shakal - Completed 200km of 2D in Tajerouine + Le Kef K42 and 50km of 2D in Shakal Tunis Office - Recently completed 600km 2D - Discussions underway to - 2 commitment wells by 2Q 2012 convert K42 seismic…
Oil Search supports many social programmes 27 Summary Fully focused on delivery of major Strategic Initiatives: PNG LNG Project delivery underway: Commencing construction at PNG LNG plant site, HGCP and Komo Associated gas…