Q2 2014 And H1 2014 Earnings Call – Mirach Energy Ltd

Mirach Energy Ltd · Aug 14, 2014 · 9 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

Mirach Energy Limited 14 August 2014 2Q2014/ 1H2014 Results Announcement Singapore Hong Kong Beijing Jakarta Phnom Penh
P&L Overview 2Q2014 2Q2013 Diff 1H2014 1H2013 Diff USD'000 USD'000 % USD'000 USD'000 % Revenue 599 1,326 (55) 839 3,116 (73) Cost of Sales n.m. n.m. Gross profit 599 1,326 (55) 839 3,116 (73) Other income 43 n.m 68 208 (67) Selling…
P&L Overview First time cost recovery reported in Revenue 2Q2014 2Q2013 Diff 1H2014 1H2013 Diff Revenue USD'm USD'm % USD'm USD'm % Oilfield services 0.24 1.33 -0.8 0.48 3.12 -0.9 E&P cost recovery 0.36 n.m. 0.36 n.m. Total revenue 0.6…
P&L Overview Net loss in 1H2014 as compared to profit in 1H2013 due to: Advisory service fee of USD1.09 million and USD2.64 million from Project Global Investment Limited recorded in 2Q2013 and 1H2013 but not repeated in 2Q2014 nor…
Production Oil No. Barrels Of of Wells Oil 4
Incremental Oil (Production less NSO oil) Barrels of Oil 5
Incremental Oil and Cumulative Shortfall Barrels of Barrels of Oil Oil (incremental) (cumulative shortfall) 6
Operational Plans Deeper Wells- 13A, 13B Currently only focused on contingent resources at shallow zones (Best estimate 1.1 MMbbl)* The new wells could potential tap into KM deep (mean prospective resource 37.9 MMbbl)* EOR Radial Drilling…
Thank you www.mirachenergy.com 8