9M14 Investors Update PT Medco Energi Internasional Tbk. October, 2014 www.medcoenergi.com Energy Company of Choice
Company Profile Companys Performance 2 Business Activities Major Projects Development Table of Content 01: Company Profile 3 Business Strategy & Shareholding Structure 4 Organizational Structure 5 2014 Success Stories 6 This…
Company Profile Companys Performance 3 Business Activities Major Projects Development Company Profile
Company Profile Companys Performance 4 Business Activities Major Projects Development Business Strategy Strengthen the 1 2 Increase the reserve 3 Complete all Major Accelerate the growth 4 portfolio of producing life index…
Company Profile Companys Performance 5 Business Activities Major Projects Development Organizational Structure Board of Commissionser President Director & CEO Lukman Mahfoedz Board of Medco Energi Internasional Tbk…
Company Profile Companys Performance 6 Business Activities Major Projects Development Success Stories 1980 1994 1995 1996 2005 2006 Established Initial Public Acquired Discovered Awarded Awarded as Meta Epsi Offering in 100%…
Company Profile Companys Performance 7 Business Activities Major Projects Development 2014 Corporate Updates MedcoEnergi has acquired 90% shares MedcoEnergi has acquired 100% shares 10 Feb in Moonbi Energy Ltd. holder of oil and…
Company Profile Companys Performance 8 Business Activities Major Projects Development Companys Performance
Company Profile Companys Performance 9 Business Activities Major Projects Development Operational Performance 2P Oil Reserves in MMBO Oil and Gas E&P 9M13 9M14 % 9M14 Proved Reserves - 1P (MMBOE) 207.7 220.3 6.0 142 2013 Proved…
Company Profile Companys Performance 10 Business Activities Major Projects Development Oil Lifting and Service Contract Domestic Oil Lifting International Oil Lifting Oman Service Contract Average Realized Oil Price 12 150…
Company Profile Companys Performance 11 Business Activities Major Projects Development Oil Price Comparison (US/barrel) 120 Brent WTI Medco's Realized Price ICP JCC 115 110 105 100 95 90
Company Profile Companys Performance 12 Business Activities Major Projects Development Gas Sales Domestic Gas Sales International Gas Sales Average Realized Gas Price* *Restated with make-up gas adjustment 70 6 5.60 5.13 60…
Company Profile Companys Performance 13 Business Activities Major Projects Development Oil and Gas Costs Lifting Cost/boe Cash Cost/boe Total Cost/boe 23 21.70 21 20.14 20.50 18.39 18.32 19 17.19 17.54 17 15.09 14.50…
Company Profile Companys Performance 14 Business Activities Major Projects Development Financial Performance Revenues USD Million Revenues Oil and Gas USD Million Financial Highlights 9M14 552 9M13 9M14 % (USD mm) 9M14 518 2013…
Company Profile Companys Performance 15 Business Activities Major Projects Development Financial Performance (contd) Gross Margin Consolidated Profitability (%) 9M13 9M14 % Gross Margin Oil and Gas 9M14 36% 9M14 37% 41% Gross…
Company Profile Companys Performance 16 Business Activities Major Projects Development Financial Performance (contd) CONSOLIDATED DEBTS (in USD mn) 9M13 9M14 % A. Total Bank Loans 441.7 748.0 69.3 Current 61.1 232.1 279.7 Non…
Company Profile Companys Performance 17 Business Activities Major Projects Development Business Activities
Company Profile Companys Performance 18 Business Activities Major Projects Development Oil and Gas E&P (Indonesia) In Indonesia, Medco operates 9 blocks, maintains working interests in 1 block operated by strategic partners,…
Company Profile Companys Performance 19 Business Activities Major Projects Development Oil and Gas E&P (International) Large portfolio, domestic and international, offers diversification of opportunities and risks across broader…
Company Profile Companys Performance 20 Business Activities Major Projects Development Other Energy Related Business Power Coal Mining Operated through Medco Power Indonesia, with an ownership Operates two Mining Rights at…
Company Profile Companys Performance 21 Business Activities Major Projects Development Capex Profile During 2014-2016 Medco will spent substantial amount of Capex to start develop its Major Projects following the approval of their…
Company Profile Companys Performance 22 Business Activities Major Projects Development Exploration Program: Domestic Estimated potential resources addition for Domestic and International (2014 2019) : 633 MMBOE net unrisked…
Company Profile Companys Performance 23 Business Activities Major Projects Development ExplorationUtility Area International Program: Estimated potential resources addition for Domestic and International (2014 2019) : 633 MMBOE…
Company Profile Companys Performance 24 Business Activities Major Projects Development Major Projects Development Projects Summary % Ownership Partners Page Senoro Gas field development up to 310 MMscfd 30% Pertamina,…
Company Profile Companys Performance 25 Business Activities Major Projects Development Senoro Upstream and Downstream LNG Project Milestones 2000 2005 2009 2010 2011 2013 2014 Acquired 50% Start Gas Sales Moving 1.9tcf Secured…
Company Profile Companys Performance 26 Business Activities Major Projects Development Senoro Upstream Project Working Interest Structure: Upstream Status: Pertamina 50% 1. Objective: Commercialize 1.96 TCF of gross 2P…
Company Profile Companys Performance 27 Business Activities Major Projects Development Facilities Pictures Air Cooler Installed at Main Rack Pipe Stringing Condensate Loading Tank PHT work
Company Profile Companys Performance 28 Business Activities Major Projects Development DSLNG Downstream Project Ownership Structure: Downstream Status: Mitsubishi & Kogas 59.9% 1. Objective: Commercialize 1.96 TCF of gross 2P…
Company Profile Companys Performance 29 Business Activities Major Projects Development Facilities Pictures 1 4 5 8 9 2 3 10 11 6 7 1. Material Offloading Facility 4. LNG 7. MCHE 10. Gas Turbine Generators 2.…
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.…