Skip to main content Credit Suisse Investor Conference – PTTEP Investor Presentation | Shale Experts
Loading...
Pm

Credit Suisse Investor Conference – PTTEP

PTTEP · May 20, 2015 · 33 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. Credit Suisse Investor Conference – PTTEP – slide 1
    PTT Exploration and Production Public Company Limited Non-deal Roadshow Hong Kong 19-20 May 2015
  2. Credit Suisse Investor Conference – PTTEP – slide 2
    Company Overview Company Overview Financial Results Outlook 2/18
  3. Credit Suisse Investor Conference – PTTEP – slide 3
    Supporting Thailands Energy Value Chain PTTEP contributes almost 1/3 of Thailands petroleum production Integration with Energy Demand and Sources Thailand Petroleum Production 2014 Midstream and Downstream Value Chain % by Petroleum…
  4. Credit Suisse Investor Conference – PTTEP – slide 4
    Diversified International Portfolio Worldwide operations: 43 projects* in 11 countries Oil sands Thailand (17) 15 Production 2 Exploration Australasia (1) Piped Gas 1 Production Australia Deepwater Deepwater Gas Oil LNG…
  5. Credit Suisse Investor Conference – PTTEP – slide 5
    Reserves and Resources Target resource turnaround in the near future Reserves / 2014 by Geography MMBOE Resource Life* Domestic International 6,000 4,864 5,000 4,864 37 Years 4,406 75% 3,986 4,000 1,276 777 3,000 2,200 2,700…
  6. Credit Suisse Investor Conference – PTTEP – slide 6
    Financial Results Company Overview Financial Results Outlook 6/18
  7. Credit Suisse Investor Conference – PTTEP – slide 7
    Sales Volume & Unit Costs Strong gas price and healthy cash margin amidst low oil prices environment Rest of World Sales Volume and Price Unit Cost Other SEA /BOE Cash Cost Unit Cost TH BOED 321,886 327,145 50 C 292,629 19,807…
  8. Credit Suisse Investor Conference – PTTEP – slide 8
    Cash Flow Performance Robust liquidity to fund CAPEX and Debt Service Cash Flow Performance Source & Use of Funds in Q1 2015 MMUSD MMUSD KBOED Sales Volume 5,000 5,000 400 4,000 4,330 4,000 3,675 3,000 300 3,000 2,000 2,000…
  9. Credit Suisse Investor Conference – PTTEP – slide 9
    Financial Position Strong Balance Sheet with Low Gearing MMUSD Capital Structure D/E Ratio 25,000 23,287 23,353 1.00 21,572 20,000 5,830 6,510 6,554 0.80 15,000 4,023 4,229 4,206 0.60 10,000 0.34 0.40 0.34 0.33 5,000 11,719…
  10. Credit Suisse Investor Conference – PTTEP – slide 10
    Dividends Dividend Payment History ( Policy : No Less Than 30% of Net Income) 1H 2H THB per share 5.80 6.00 6.00 5.40 5.03 4.50 3.00 3.00 4.00 2.48 2.79 1.50 2.00 2.55 2.61 2.80 3.00 3.00 0.00 2010 2011 2012 2013 2014…
  11. Credit Suisse Investor Conference – PTTEP – slide 11
    2015 liquidity Strong cash margin from resilient gas price coupled with competitive cash cost Resilient gas price Protected cash margin Unit : USD / BOE Avg. Dubai Assumption % Change in 2015 Dubai Price 97 55 2015 63 2014 -50% -25%…
  12. Credit Suisse Investor Conference – PTTEP – slide 12
    Outlook Company Overview Financial Results Outlook 12/18
  13. Credit Suisse Investor Conference – PTTEP – slide 13
    Company Outlook Adaptive to industry fundamental change Near-term priorities : key objectives Deliver 3-6% sales volume growth Focus on cost optimization and investment prioritization Leverage strong balance sheet for value-creating…
  14. Credit Suisse Investor Conference – PTTEP – slide 14
    SAVE to be SAFE Four levers to manage our capital efficiency 1 2 Efficiency Cost Optimization Production Stabilization Productivity Integrated activity planning Minimize unplanned Contract renegotiation and Operational Excellence…
  15. Credit Suisse Investor Conference – PTTEP – slide 15
    Target volume growth Thailand and Southeast Asia continue to be the strong production base Unit : KBOED 3-6 343 % YoY Growth 342 350 322 337 334 322 Rest of World 300 Other SEA 250 200 150 Thailand & 100 MTJDA 50 0 2014…
  16. Credit Suisse Investor Conference – PTTEP – slide 16
    Investment Plan Target at least 10% reduction from announced 2015 investment plan Capex by Region 2015 - 2019 Thailand 9.3 bn USD Southeast Asia 3.3 bn USD Others 3.3 bn USD Unit : MMUSD TOTAL 15.9 bn USD 3,938 3,833 4,000 1,198…
  17. Credit Suisse Investor Conference – PTTEP – slide 17
    Key Takeaway Fundamental change in E&P industry U.S. shale output re-shaping balance and dynamics of the oil market Expect market forces to rebalance but the path to price recovery is still uncertain The uncertainty also presents…
  18. Credit Suisse Investor Conference – PTTEP – slide 18
    Thank You and Q&A Exploring new horizons, we take every step as learning For more information, please visit our website at http://www.pttep.com OR Contact us via email address at IRpttep.com OR Call us at +66 2 537 4000…
  19. Credit Suisse Investor Conference – PTTEP – slide 19
    Supplementary Index 1. Sustainable Development 2. Thailand Energy Updates 3. Shareholding Structure 4. Organization Structure 5. Key Project Highlights by Region 6. Project Details 7. Ratios & Formula 19/18
  20. Credit Suisse Investor Conference – PTTEP – slide 20
    Sustainable Development Pursuing long-term growth hand-in-hand with social and environmental well-being 2014 DJSI Listed Company Certified Member Dow Jones Sustainability World Index Thailand's Private Sector Collective Action Oil…
  21. Credit Suisse Investor Conference – PTTEP – slide 21
    Thailand Energy Updates Gas demand continues to grow, and upstream energy reform makes progress Thai Economy and Gas Demand Upstream Energy Reform Monthly Gas Consumption by Year 21st Bidding Bidding round expected to MMSCFD Round…
  22. Credit Suisse Investor Conference – PTTEP – slide 22
    Integral support from major shareholder PTTEP leverages its relationships with PTT Plc. and the Thai Government Ownership Structure Oil & Gas exploration and production Flagship of PTT Government of Thailand PTTEP supplies more than…
  23. Credit Suisse Investor Conference – PTTEP – slide 23
    Organizational Structure Ensuring Transparency, Integrity, and Good Corporate Governance practices Board of Directors Nominating Committee Corporate Governance Committee Remuneration Committee Audit Committee Risk Management…
  24. Credit Suisse Investor Conference – PTTEP – slide 24
    Thailand Strong home base with legacy assets maintaining production plateau Bongkot (44.4% interest) Bongkots production capacity of close to 1 Bcf/d represents approximately 20% of Thailands natural gas supply Bongkot South S1…
  25. Credit Suisse Investor Conference – PTTEP – slide 25
    Southeast Asia : Myanmar A significant contributor to growth with high potential blocks Zawtika (80% interest) Began delivering gas to Myanmar in March 2014, and to Thailand in August 2014 Currently delivering the full DCQ of 300…
  26. Credit Suisse Investor Conference – PTTEP – slide 26
    Southeast Asia : Vietnam and Indonesia Reinforcing regional exposure through strategic partnerships Vietnam 16-1 (28.5% interest) Average crude oil sales volume of 31 KBPD in Q1 2015 Currently in the process to install a production…
  27. Credit Suisse Investor Conference – PTTEP – slide 27
    East Africa : Mozambique Potential to become one of the worlds largest emerging LNG supply hubs Area 1 (8.5% interest) Advancing towards FID on the initial 10 MMTPA Abundant resource base estimated at 50 to 70+ TCF of recoverable…
  28. Credit Suisse Investor Conference – PTTEP – slide 28
    America : Canada Oil Sands Flexibility to pursue long-term from the oil sands project Key activities Mariana Oil Sands Project Completed the Winter Delineation Program and continue to assess development potential of the Thornbury…
  29. Credit Suisse Investor Conference – PTTEP – slide 29
    America : Brazil Deepwater Entry into high potential petroleum province at exploration phase Barreirinhas AP1 Farm-in 25% from BG Group Operated by BG Group (75% interest) Four offshore exploration blocks: BAR-M-215, Barreirinhas…
  30. Credit Suisse Investor Conference – PTTEP – slide 30
    Project Information 1/4 Production Phase: Thailand and JDA Project Status* PTTEPs Partners Q1 2015 Average Sales Volume ** 2015 Key Activities Share (as of Q1 2015) Gas Oil and Other Production Phase Thailand and JDA 1 Arthit OP 80%…
  31. Credit Suisse Investor Conference – PTTEP – slide 31
    Project Information 2/4 Production Phase: Overseas Project Status* PTTEPs Share Partners Q1 2015 Average Sales Volume ** 2015 Key Activities (as of Q1 2015) Gas Oil and Other Production Phase Overseas 16 Oman 44 OP 100% 23 MMSCFD -…
  32. Credit Suisse Investor Conference – PTTEP – slide 32
    Project Information 3/4 Development & Exploration Phase Project Status* PTTEPs Partners 2015 Key Activities Share (as of Q1 2015) Development Phase : Overseas 24 Algeria 433a & JOC 35% PetroVietnam 40% Continue Engineering,…
  33. Credit Suisse Investor Conference – PTTEP – slide 33
    Project Information 4/4 Exploration Phase Project Status* PTTEPs Partners 2015 Key Activities Share (as of Q1 2015) Exploration Phase (cont) Overseas (cont) 30 Indonesia OP 34% Talisman 33% G&G studies South Mandar TOTAL 33% 31…

From the store

Browse maps, data & reports in the Shale Experts store