2003 Preliminary Results Presentation AGM Presentation 7 May 18 2004 March 2004 Photo: Woodside
2003 Results highlights secure base for future growth Record results Premier Oil share price performance - since 2003 AGM financially/operationally 600 550 Restructuring complete Share price (p) . 500 2003 exploration…
2003 Financial highlights Production 53,600 boepd (2002: 53,600 boepd) NC Turnover 257.7m (2002: 263.1m) -2% Operating profit 121.6m (2002: 104.1m) +17% Net profit after tax 40.8m (2002: 22.6m) +80% Pre-exceptional net profit…
Corporate Social Responsibility (CSR) In 2003 Premier: established a new CSR strategy published its first Sustainability Performance Report became a signatory to United Nations Global Compact strengthened partnerships with Save…
2004 plan UKCS Pakistan Criollo - 1 Chung -1 NE India Mauritania Jaipur-1 6 expln wells 2D seismic Tiof appl wells in Cachar 3D seismic Philippines Guinea Bissau Sinapa-2 Gabon Indonesia 2D seismic Dussafu -1 Gajah Baru -2…
Summary Strong cash generative base business more than sufficient to fund our exciting exploration programme Focus on giving shareholders exposure to exploration/commercial opportunities which can add significant asset and market…
Proxy Count Resolution 1 Votes FOR 33,907,731 AGAINST 35,775 AGM Presentation Page 7
Proxy Count Resolution 2 Votes FOR 19,241,537 AGAINST 7,435,235 AGM Presentation Page 8
Proxy Count Resolution 3 Votes FOR 34,033,907 AGAINST 86,698 AGM Presentation Page 9
Proxy Count Resolution 4 Votes FOR 34,032,642 AGAINST 87,447 AGM Presentation Page 10
Proxy Count Resolution 5 Votes FOR 34,046,811 AGAINST 113,699 AGM Presentation Page 11
Proxy Count Resolution 6 Votes FOR 33,275,392 AGAINST 881,993 AGM Presentation Page 12
Proxy Count Resolution 7 Votes FOR 33,948,151 AGAINST 161,024 AGM Presentation Page 13
Proxy Count Resolution 8 Votes FOR 33,886,601 AGAINST 52,927 AGM Presentation Page 14
Proxy Count Resolution 9 Votes FOR 34,207,587 AGAINST 80,955 AGM Presentation Page 15
Proxy Count Resolution 10a Votes FOR 32,766,514 AGAINST 500,247 AGM Presentation Page 16
Proxy Count Resolution 10b Votes FOR 33,873,115 AGAINST 133,874 AGM Presentation Page 17
Proxy Count Resolution 11 Votes FOR 34,163,652 AGAINST 101,768 AGM Presentation Page 18
Proxy Count Resolution 12 Votes FOR 34,243,214 AGAINST 48,832 AGM Presentation Page 19
2003 Preliminary Results Presentation AGM Presentation 7 May 18 2004 March 2004 Photo: Woodside