Rocksource ASA Fourth Quarter 2013 12 February 2014 CEO Chris Spencer Disclaimer This presentation contains information provided by the management of Rocksource ASA with respect to historical and expected performance of the…
Table of contents 4Q highlights and financials Portfolio update Summary and outlook Appendix 3 4Q highlights and subsequent events Successful awards in the Norwegian Continental Shelf (NCS) Awards in Predefined Areas…
4Q highlights and subsequent events Farmin to PL 509S and BS Rocksource has acquired a 10 per cent participating interest in both licences Drillordrop decision by end June 2014 NOK 20 million software and data agreement signed with…
Table of contents 4Q highlights and financials Portfolio update Summary and outlook Appendix 7 Recent news:Strong result in the APA 2013 Licensing Round Five new awards, with two operatorships Norwegian Sea: PL 763, 756 &…
Pil (&Bue) exploration well program Pil well to test Upper Jurassic shallow marine fan delta sandstones of the Rogn 1 formation and Rogn 2/Melke BCU formation DHI Rogn 1 formation is present in an adjacent well downdip of Pil…
PL 528 Ivory Adjacent to Aasta Hansteen Awarded in 20th & 21st Round Key attributes: Multiprospect licence, gas prone, with DHI support. Adjacent to the Aasta Hansteen field development Gross unrisked resources (mapped by…
US GoM: Marketing efforts continue US asset broker continues to market Rocksources GoM leases Significant potential combined resource base in AC855 (Rocksource 65%) and Trident (100%) 130 mmboe discovered at Trident with…
Summary and outlook Successful awards in the APA 2013 Licensing Round Excellent result, endorsing Rocksources technical ability and strength Followed a strong result also in the 22nd Round (June 2013) Three sanctioned wells for…
Key figures 4Q NOK '000 4Q 2013 4Q 2012 2013 2012 Total operating income 28 354 3 640 59 282 55 579 Exploration expenses, external (1) (11 253) (17 670) (81 211) (144 539) Total G&A before reclassification (2) (22 622) (25 928) (75…
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