Investors Update 1Q15 PT Medco Energi Intenasional Tbk. May, 2015 www.medcoenergi.com Energy Company of Choice
Companys Profile 3 Business Strategy Strengthen the 1 2 Increase the reserve 3 Complete all Major 4 Accelerate the growth portfolio of producing life index through Projects as planned of non-oil and gas assets, including…
Companys Profile 4 Organizational Structure President Director, Members of the CEO Groups senior management team have an average of over 30 years of experience in exploration and Lukman Mahfoedz production of oil and gas in…
Companys Profile 5 Success Stories 1980 1994 1995 1996 2005 2006 2007 Established Initial Public Acquired Discovered Awarded Awarded Discovered as Meta Epsi Offering in 100% shares largest EPSA IV PSC Oman Service 352 MMBOE…
Companys Profile 6 2015 Corporate Updates January 27th 2015 April 28th 2015 May 14th 2015 Signed two GSPAs, a 198 MedcoEnergi has signed a MedcoEnergi has issued TBTU gas supply of contract extension agreement Medium Term Notes…
Companys Performance 7 Operational Performance Oil and Gas E&P 1Q14 1Q15 % Coal 1Q14 1Q15 % Lifting/Sales Sales, MT 113.0 110.0 (2.6) Oil Lifting, MBOPD 21.69 20.23 (6.7) Average Price, USD/MT 77.8 62.8 (19.3) Gas Sales, BBTUPD 155.84…
Companys Performance 9 Medcos Realized Oil Price Comparison Oil Price US/bbl Brent WTI JCC Medco Oil Price 120 110 100 90 80 70 60 50 40 Apr15 May Jun Jul Aug Sep Oct Nov Dec Jan15 Feb Mar
Companys Performance 10 Oil and Gas Costs 18.4 -1.4 18.6 US/BOE -0.5 2.1 3.4 DDA 5.4 -12.4% Total Cost 5.4 G&A 5.0 Cash Cost 9.6 Lifting Cost 8.2 1Q14 Total Oil Lifting Cost G&A DDA 1Q15 Total Oil & Gas…
Companys Performance 11 Financial Performance Profit and Loss (USD mm) 1Q14 1Q15 % Balance Sheet (USD mm) 1Q14 1Q15 % Revenue 189.5 127.7 (32.6) Cash and cash equivalents 373.8 274.2 (26.7) Oil and Gas 177.8 114.8 (35.4) Short…
Companys Performance 12 Financial Performance (contd) CONSOLIDATED DEBTS (in USD mn) 1Q14 1Q15 % Financial Ratios (x) 1Q14 1Q15 Current Ratio 2.22 1.94 A. Total Bank Loans 568.2 686.3 20.8 Debt to Equity 1.30 1.22 Current 50.6…
Business Activities 13 Oil and Gas E&P (Indonesia) In Indonesia, Medco operates 9 blocks and holds economic participating interest in an exploration field. Moreover the Company also holds 3 CBM contracts.
Business Activities 14 Oil and Gas E&P (International) Large portfolio, domestic and international, offers diversification of opportunities and risks across broader geological formation. Medcos international operations spread…
Business Activities 15 Other Energy Related Business Power Coal Mining Operated through Medco Power Indonesia, with an ownership Operates two Mining Rights at Nunukan, North structure of Saratoga Power (51%) and MedcoEnergi…
Business Activities 16 Capex Profile During 2015-2017 Medco will spent substantial amount of Capex to start develop its Major Projects following the approval of their Final Investment Decisions and PSC contractors appointment E&P…
Business Activities 17 Exploration Program: Domestic Estimated potential resources addition from Domestic Exploration (2015 2019) : 311 MMBOE net unrisked resources or 83 MMBOE net risked resources Block A : Rimau : Tarakan :…
Business Activities 18 Exploration Program: International Estimated potential resources addition from International Exploration (2015 2019) : 144 MMBOE net unrisked resources or 35 MMBOE net risked resources Tunisia: - 6…
Major Projects Development 19 Senoro Upstream and Downstream LNG Project Milestones 2000 2005 2009 2010 2011 2013 2014 2015 Acquired Start Gas Sales Moving Secured Secured Started Gas Downstream 50% producing Agreement 1.9tcf of…
Major Projects Development 20 Senoro Upstream Project Working Interest Structure: Upstream Status: Pertamina 50% 1. Objective: Commercialize 1.96 TCF of gross 2P reserve and contingent gas resources through LNG product…
Major Projects Development 21 Facilities Pictures Overview CPP Site Hot Oil Heater A & B Condensate Stabilization system Deluge Valve Gas Export System Metering Station
Major Projects Development 22 Condensate Loading Jetty Pictures Birds Eye View Jetty Lightening tower & Loading Arm 16 Formwork Installation
Major Projects Development 23 DSLNG Downstream Project Ownership Structure: Downstream Status: Mitsubishi & Kogas 59.9% 1. Objective: Commercialize 1.96 TCF of gross 2P reserve and contingent gas Pertamina 29% resources through…
Company Address : Investor Relations: PT Medco Energi Internasional Tbk. Sonia Ayudiah The Energy Building 52nd Floor Head of Investor Relations SCBD Lot 11A M. +62-811 852 073 Jl. Jend. Sudirman, Jakarta 12190 Email.…
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