FY12 Full Year Results Investor roadshow - March 2012 FY12 Full Year Results Beach Energy Limited Slide 1
FY12 Highlights Reg Nelson, Managing Director FY12 Full Year Results Slide 3
FY12 Highlights Financial Record sales revenue of 619 million, up 25% NPAT of 164 million, up 262 million Underlying NPAT of 122 million, up 190% 345 million capital raising Corporate Renegotiation of Exxon Mobil royalty On-market…
Financial results Kathryn Presser, Chief Financial Officer FY12 Full Year Results Slide 5
FY12 Full Year results overview FY12 FY11 Change Production (MMboe) 7.5 6.6 14% Sales volume (MMboe) 9.0 8.8 3% Sales revenue ( million) 618.6 496.4 25% Cash flow from operations ( million) 218.2 184.5 18% Net profit /(loss) after…
Sales revenue up 25% Sales Revenue Comparison 700 26.3 2.2 16.9 618.6 39.9 600 70.7 Gas/ethane Prices FX Rates Third Party Purchases 496.4 Volume / Mix A/GJ A/US 500 FY11 FY11 Oil Price 5.35 0.99 400 US/boe FY12 FY12…
Cash production costs down 5% Cash production costs comparison 250 21.6 2.7 28.9 215.6 Field operating Tariffs / tolls costs 205.6 200 Royalties 150 million 100 10.0 million 50 total decrease 0 June 11 June 12…
Reconciliation to Underlying NPAT FY12 FY11 000 000 Net profit (loss) after tax 164,225 (97,450) Adjusted for: Unrealised hedging (gains) / losses (3,184) (1,583) Revaluation of assets - (13,568) Asset sales (11,527) (10,748)…
Underlying net profit after tax up 190% Underlying net profit after tax comparison 180 120.1 4.1 9.4 160 26.6 Other expenses 140 and revenue Net financing costs 122.1 120 Tax 100 million 80 60 42.1 40 Gross profit…
Operational results Neil Gibbins, Chief Operating Officer FY12 Full Year Results Slide 11
FY12 Operational highlights Production of 7.5 MMboe, up 14% on the prior year Participation in 89 wells, up 128%, with a success rate of 79% Holdfast-1 and Encounter-1 (Beach 100%) unconventional exploration wells both flow tested at…
Production FY12 production of 7.5 MMboe up by Actual and forecast production 14% on prior year, mainly due to: 9.0 MMboe Better operational access following Cooper Basin floods Successful Western Flank 8.5 MMboe development…
2P reserves Conventional reserves and resource 2P Reserves 93 MMboe* approach validated by RISC Reserves growth continues the recent historic trend 92.8 MMboe Reserves growth drivers: SACB JV infill drilling program 77.4 MMboe…
1C, 2C and 3C contingent resources Unconventional resource independently 2C Contingent resource 466 MMboe* assessed by DeGolyer and McNaughton Beach has adopted new SPE Petroleum Reserves Management System guidelines for booking…
FY13 Capital expenditure guidance Forecast FY13 FY13 FY13 reserves Forecast Forecast Forecast Seismic additions Capex (M) Wells 2D - km 3D km2 MMbbl DEVELOPMENT Cooper Basin non-SACB JV 50 60 15-20 Cooper Basin SACB JV and SWQ…
Key FY13 operational activities FY12 Full Year Results Slide 17
Contact Information Head office 25 Conyngham Street Glenside SA 5065 Tel: +61 8 8338 2833 Fax: +61 8 8338 2336 Website: www.beachenergy.com.au Chris Jamieson General Manager Investor Relations Tel: +61 8 8338 2833 Mob: +61 8 (0)487 173…
Loading...
