Skip to main content JANUARY FEBRUARY 2012 PRESENTATION – CGG | Shale Experts
Loading...
Pm

JANUARY FEBRUARY 2012 PRESENTATION – CGG

CGG · Jan 17, 2012 · 22 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

  1. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 1
    January - February 2012
  2. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 2
    Agenda Market Context 2011 / 2012 CGGVeritas Roadmap 9M Financial Results Outlook and Perspectives 3
  3. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 3
    CGGVeritas: A Fully Integrated Seismic Provider Equipment: Sercel, the industry leader Leadership based on technology and installed base Excellent financial performance expected to continue Services: a leadership position in high-end…
  4. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 4
    Market: A New Cycle Supported by Technology E&P spending expected to rise 16% worldwide in 2011 and continue to increase in 2012 Oil price at sustained high levels Continued depletion of existing reservoirs Increasingly difficult…
  5. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 5
    Global Offshore View: 2011 Results and 2012 Activity Expect permit approval for 4 RDS Recent success and wells in 2012 new technology renew interest in old basin Caspian success (Ashberon) as Ongoing exploration Black…
  6. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 6
    Global Seismic Offshore 2012 Perspectives Arctic US Arctic Russia North Sea Average 2011 : 19 Potential 2012: 22 Average 2011 : 0 Potential H2 2012: 4 Mediterranea Offshore China GoM Average 2011: 2 Potential 2012: 6…
  7. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 7
    Agenda Market Context 2011 / 2012 CGGVeritas Roadmap 9M Financial Results Outlook and Perspectives 8
  8. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 8
    Accelerated Refinancing Program with Debt Maturity Extended to 2021 Ahead of the Financial Crisis 510 350 Year-end 2010 5.5 years maturity 530 400 305 7.3% cash interest 10 165 10 10 10 2011 2012 2013 2014 2015 2016 2017 2018…
  9. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 9
    Sercel: Strengthening its Leadership Trends and Drivers Strong demand for high resolution & increased productivity in both Land and Marine Equipment market expected to increase 10-15%: Land market up around 25% driven by technology…
  10. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 10
    Marine: Fleet Upgrade & Future Outlook 2 to 4 streamers 8 streamers 10 streamers 2/3D Princess Pacific Finder Amadeus Viking II Vantage Viking 12+ streamers Oceanic Vega Oceanic Endeavour Aliz Vanquish Challenger…
  11. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 11
    Marine: BroadSeisTM Technology Differentiation Provides enhanced resolution and stratigraphic detail Improves interpretation of structure, lithology, stratigraphy and fluid properties Innovation across all Divisions Sentinel &…
  12. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 12
    Marine Overview 9 Months Revenue In million 1,055 1,078 Trends and drivers 9% industry capacity growth in 2011 and 6% 905 778 in 2012, to be progressively offset by: 771 771 The Gulf of Mexico and Brazil recovery 571 Higher…
  13. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 13
    Land Overview 9 Months Revenue Trends and drivers 518 In million Ongoing impact from the earlier unrest in the Middle-East and North Africa 382 381 Increasing demand for mega crews for 395 reservoir delineation & production,…
  14. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 14
    Multi-Client Overview Trends and drivers Western Gulf of Mexico Gulf of Mexico lease sale confirmed for mid December and 5 years plan released Sales and outlook strengthening Commercial activity growing ahead of Brazil bid…
  15. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 15
    Our Brazil Footprint: 103,616 km2 in Key Locations Foz do Amazonas 3,820 km2 Par-Maranho 2,234 km2 Barreirinhas 2,940 km2 Ceara-Potiguar 1,000 km2 Pernambuco-Paraiba 2,720 km2 Sergipe-Alagoas 6,210 km2 Jequitinhonha…
  16. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 16
    Processing, Imaging & Reservoir Overview 9 Months Revenue Trends and drivers In million Increasing data volumes driven by high-end 399 403 389 surveys globally in land and marine Increasing technology demand 319 Advanced depth…
  17. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 17
    Agenda Market Context 2011 / 2012 CGGVeritas Roadmap 9M Financial Results Outlook and Perspectives 18
  18. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 18
    9M 2011 Financial Results Group Revenue was 2,275m, up 14% Group Operating Income was 136m, a 6% margin Sercel delivered excellent results with Operating Income of 258m, a 32% margin Services Operating Income negative at 2m, with a…
  19. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 19
    Positive Impacts of Performance Plan Strengthening Fleet Performance Strong utilization with vessel availability at 91% and production at 93% Vessel upgrade plan on schedule: The upgraded Oceanic Phoenix and Endeavour returned to…
  20. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 20
    Financial Indicators Balance Sheet Capital Employed as end of September 2011 Goodwill 2,690 m Equity & 3,871 m Minority Interests MC Library 585 m Net Fixed 1,574 m Assets 1,543 m Net Debt Net Current Assets 565 m…
  21. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 21
    Agenda Market Context 2011 / 2012 CGGVeritas Roadmap 9M Financial Results Outlook and Perspectives 22
  22. JANUARY FEBRUARY 2012 PRESENTATION – CGG – slide 22
    Outlook and Perspectives Performance Plan progressing successfully Operational and financial results strengthening Continued focus on performance, cost reduction and differentiation We remain confident to achieve our 2011…

From the store

Browse maps, data & reports in the Shale Experts store