Seven Energy at a glance Seven Energy is an indigenous Nigerian oil and gas exploration, development, production and distribution company with a vision to become the leading supplier of gas to the Nigerian domestic market for power…
Seven Energy at a glance Integrated player in Nigerian oil & gas Business consists of two types of operations onshore in Nigeria: - Upstream oil and gas exploration, appraisal, development and production; and - Midstream gas…
History 400m raised in the Seven Energy has a strong track record High Yield Bond market, refinancing existing debt Buy-out of a division Acquisition of GOGE Acquisition of 62.5% Strategic Alliance Acquisition of SRL Acquisition of…
Business Seven Energy is a unique business Upstream assets encompass: South east Niger Delta Uquo and Stubb Creek Fields (oil and gas) North west Niger Delta OMLs 4, 38 and 41, via Strategic Alliance Agreement with NPDC (oil and…
Locations Our upstream and midstream assets are located onshore Nigeria in relatively secure locations in the Niger Delta and Anambra Basin 7 December 14
Market overview - gas Nigeria presents significant growth opportunities At 179 Tcf, Nigeria benefits from having the largest gas Breakdown of use of Nigerias gas production (2012) reserves in Africa However, these reserves are…
Market overview - gas Strong forecast growth in gas demand Fast growing market Compelling economics to switch from diesel to gas Large, growing population of 174 million, the largest in Africa. /MMbtu 22.21 In addition, the…
Market overview - oil Nigerias significant oil reserves and shift in focus by IOCs Nigeria has significant oil resources, and an economy that is Proved oil reserves Africa (2013) reliant on the revenues from these resources (c.96%…
Integrated business model With fully integrated upstream to midstream operations Upstream Midstream Reserves & Development & Processing Distribution Sales & marketing Cashflow resources production Grow and diversify Evaluate and…
Upstream - overview Seven Energys upstream assets North west Niger Delta South east Niger Delta Anambra Basin Established infrastructure for distribution and export of hydrocarbons, offering Emerging infrastructure and substantial…
Upstream - reserves and resources 354 MMboe of 2P + 2C reserves and resources Uquo Field Reserves and resources growth First gas production commenced in December 2013, with first MMboe commercial deliveries taking place in January…
Upstream - OMLs 4, 38 and 41 OMLs 4, 38 and 41 have significant reserves and resources Seven Energy has an indirect 55% licence interest in OMLs 4, 38 OMLs 4, 38 and 41 - prospects and 41, via a Strategic Alliance Agreement with…
Upstream - Uquo Field First gas production at the Uquo Field Seven Energy has a 40% licence interest in the Uquo Field. The remaining 60% licence interest is held by Frontier Oil, which is also the Operator. The Group is the…
Upstream - Stubb Creek Field Stubb Creek is ideally located near the Uquo Field Universal Energy, a 62.5% owned subsidiary by Seven Energy, has a Stubb Creek structure 51% licence interest, and is the Operator of, the Stubb Creek…
Upstream - OPL 905 OPL 905 offers significant opportunities for In January 2014, Seven Energy acquired SRL OPL 905 structure 905, which holds a 40% licence interest in OPL 905. The Group is currently consolidating the blocks…
Midstream - overview Seven Energys midstream business is operated by Accugas, its wholly-owned subsidiary Seven Energys wholly-owned midstream business, Accugas, focuses on sales and marketing, processing and distribution of gas to…
Midstream - demand Seven Energys midstream operations are located near areas where significant demand has been identified 19 December 14
Midstream - facilities Seven Energy is the only company in Nigeria First delivery of gas first commercial deliveries of Overview of the facilities in south east Niger Delta gas commenced in January 2014 This followed a 4-year…
Capital structure - debt Seven Energy has a mix of debt instruments To support its growing business, Seven Energy Summary of current debt facility Facility m Drawn(1) m Maturity date has continued to extend and enlarge its…
Performance indicators - financial Seven Energy continues to deliver improving results Revenue EBITDAX million million 400 300 345.0 300 201.3 200 200 102.4 100 86.8 100 33.9 7.7 0 0 2011 2012 2013 2011 2012 2013 Capital…
Performance indicators - operational Seven Energy continues to benefit from Operating cash flows Gross average production million bopd 200 171.9 60,000 51,600 45,000 100 77.8 33,350 31,300 30,000 0 15,000 2011 2012 2013…
Outlook Seven Energys development plan is in line Upstream Midstream Completion of additional gas producing wells, drilling of Integration of the East Horizon pipeline into the Groups new wells and increase Uquo Fields gross field…
Board Highly experienced Board with significant industry and Nigerian expertise Board Dr Andrew Jamieson OBE Phillip Ihenacho Chairman Chief Executive Officer Robin Pinchbeck Ashley Dunster Osam Iyahen Chris Odu Non-executive…
Management Seven Energy has a highly experienced senior management team that combines local experience with international oil and gas industry expertise Executive management team Phillip Ihenacho Chief Executive Officer 10 years of…
People Seven Energy is proud of its diverse and talented workforce Seven Energy employs some 170 people, of whom 84% are located in Nigeria, with the remaining 16% being located in London. 93% of the Groups in-country employees are of…
Corporate social responsibility Seven Energys projects deliver key benefits Training and employment Power supply and standards of living Local and national economic growth Community projects and developments Health and safety…
Glossary of terms 2P Proved and probable reserves 2C Best estimate scenario of contingent resources bbl Barrel of oil or condensate Bcf Billion cubic feet Bcfpd Billion cubic feet of gas per day Bnbbl Billion barrels bopd Barrels…
Nigeria Seven Exploration & Production Limited 7 Anifowoshe Street Victoria Island Lagos, Nigeria Tel: +234 1 277 0600 Accugas Limited 7 Anifowoshe Street Victoria Island Lagos, Nigeria Tel: +234 1 277 0600 United Kingdom Seven Energy…
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