The Middle Easts Leading Private Sector Natural Gas Company February 2013 1
Agenda Industry overview 4 Corporate Overview and 2012 Plan 5 Assets and projects Egypt 10 Kurdistan Region of Iraq 15 UAE 18 Others 21 Operational and Financial Highlights 22 3
Current Gas Status Business Environment MENASA vs Rest of World General Proven Gas Reserves 2011 (Tcf) MENASA vs Rest of World Business environment for the petroleum sector is sustainable, robust and vital for MENASA region MENASA…
From the Region, by the Region, for the Region The Middle Easts Leading Private Sector Natural Gas Company 6
Developing first class assets, revealing the upside December 2005: October 2007: Listing on ADX following Issue US1bn convertible successful IPO Sukuk 2007 to 2012: 2012: November 2006: December 2009: 2011: Egypt 35 Successful…
Distinguished Boards Dana Gas Board of Directors Diverse Shareholder Base Dr. Adel Khalid Al-Sabeeh Chairman The company has over No. of shares held (bn) 250,000 public shareholders, Dr. Tawfeeq Abdulrahman Almoayed - Vice Chairman the…
Group Footprint: A portfolio with substantial upside Egypt UAE Iraq UAE Upstream Upstream Upstream Upstream Midstream Midstream Midstream Midstream Downstream Downstream Downstream Downstream Dana Gas Egypt Sharjah Offshore…
Egypt: 2011 and 2012 Results El Wastani RESULTS Plant 2011 discoveries: South Abu El Naga 2 (El Wastani formation) 2011 prod rate 42.5kboepd Orchid 2012 discoveries: West Sama-1, Allyum, Balsam. 2012 prod rate…
Exploration Upside NW Basarta-D Marvel-1 NW Basarta-C NW Basarta-B SE Luzi Qantara -1 Waseif-1 Arak Deep-1 Salsabel-1 S.E.Deep Allium DL WM 2D - 2 Balsam DL N. Allium WM 2D - 1 Qantara -2 N. Zidan Qantara -4 Qantara -3…
Dana Gas Egypt Komombo (Upper Egypt) 50% working interest, joint operatorship with Sea Dragon Current gross production: 535 bopd 14 Producing wells: 13 9 5 12 2 4 6 1 K1 Fracture jobs executed in 7 11 7 3 K2 development…
Gulf of Suez gas liquids extraction plant (Ras Shukeir) Mid-stream gas value generation concept Shapas Denies TaurtAkhen ELObyed Matruh West Naf Abu Qir Abu Abu Madi Damietta Temsah N. Port Said Theka Port Fouad Bardwell…
Projects and Assets: Kurdistan Region of Iraq 15
Iraqi Kurdistan: key growth frontier for Dana Gas Two giant gas fields with upside potential to be realised Pearl Petroleum Company Ltd ownership: Dana Gas 40% Crescent Petroleum 40% Phase 1 2013 + Phase 3 - 2015+ OMV 10% MOL 10%…
Kurdistan Region of Iraq: 2012 Results 2012 RESULTS Production via Early Production Facility LPG Train 1 LPG Train 2 Gross Production during 2012 has averaged 320 MMscfpd of gas , 14,000 bpd of condensate and 470Tpd of LPG.…
Projects and Assets: UAE 18
Sharjah Western Offshore Concession Dana Gas entry into the GCC E&P sector and first offshore asset Zora Gas Field discovered in 1979, tested gas at 41MMscfd Development of 140 million includes: Install platform and 25km…
UAE Gas Project A long-term cash generation business with upside Salman Field facilities UAE Gas Project companies UGTC receiving platform and gas pipeline Project to import gas to Sharjah and Northern Emirates, Dana Gas 100%…
Projects and Assets: Others 21
GasCities LLC An industrial zone of local gas-using industries GasCities LLC: Joint Venture between Dana Gas and Crescent Petroleum GasCities to procure, process and distribute gas and provide amenities Benefits: Bring industry to the…
Business Development Growth through targeted corporate or asset acquisitions Dana Gas portfolio has significant organic growth potential which will be added to through targeted corporate or asset acquisitions Focus on MENASA…
Dana Gas 2013 Focus and Capex forecast Develop the portfolio to reveal the upside Expedite collections as a priority Exploration - 3 well exploration program and studies 25MM Egypt Development - field development/tie-in of…