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MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc.

North Sea Energy Inc. · May 10, 2012 · 7 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. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 1
    INVESTOR OPEN HOUSE NORTH SEA OPERATIONS MAY 2012
  2. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 2
    CONTINUOUS IMPROVEMENT IN HSE Lost time injury frequency (LTIF) Spills (0.5 bbl), unintentional hydrocarbon Per million exposure hours releases (UHR) and flammable unintentional hydrocarbon releases (FUHR) 4 LTIF Per million…
  3. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 3
    NORTH SEA STRATEGY OPTIMIZE BASE AND FURTHER EXTEND PORTFOLIO LIFE Base Base production production improved improved through through operational operational capability capability A strategic plan in place centered on People,…
  4. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 4
    IMPROVING BASE BUILDING RELIABILITY THROUGH INVESTMENT IN OUR PEOPLE, PROCESS AND PLANT Clearly Clearly identified identified facility facility improvement improvement activities activities with with Significant Significant…
  5. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 5
    MONTROSE AREA REDEVELOPMENT EXTENDS ASSET LIFE, UNLOCKS RESERVES AND VALUE Production Montrose Montrose mboe/d Bridge Bridge Linked Linked Near hub exploration Old COP* Platform Platform Infill 25 Montrose Area New COP* 20…
  6. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 6
    VARG HUB EXTENDING ASSET LIFE Varg Varg Production mboe/d FPSO FPSO 15 Gas export Exploration Infill Grevling Base Old COP* New COP* 10 5 Rev Rev Gas 0 Gas Export Export Project Project 2011 2014 2020 *Cessation of…
  7. MAY 2012 INVESTOR OPEN HOUSE – North Sea Energy Inc. – slide 7
    INVESTOR RELATIONS CONTACTS: Scott Thomson Executive Vice President, Finance and Chief Financial Officer (403) 237.1434 ANALYST & INVESTOR RELATIONS INQUIRIES: Lyle McLeod Vice President, Investor Relations (403) 237.1020 Anil…

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