Skip to main content PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa Investor Presentation | Shale Experts
Loading...
Pm

PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa

Interoil Exploration & Production Asa · Aug 31, 2011 · 27 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. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 1
    Company presentation Tom Wolden Managing Director Pareto Oil & Offshore Conference 31 August, 2011 Disclaimer This presentation includes forward looking statements regarding INTEROIL Exploration & Production ASA, which are subject…
  2. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 2
    TABLE OF CONTENT 1. Corporate highlights 2. InterOil in brief 3. Financials 4. Overview of business activities 5. Outlook Pareto Oil & Offshore Conference 31 August 2011 2
  3. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 3
    CORPORATE HIGHLIGHTS Repaid USD 35 million of debt since completion of refinancing September 2010 Increased production by 1000 bopd last 12 months San Luis field developed in Peru Successful re-completion of the Altair-1 well in…
  4. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 4
    TABLE OF CONTENT 1. Corporate highlights 2. InterOil in brief 3. Financials 4. Overview of business activities 5. Outlook Pareto Oil & Offshore Conference 31 August 2011 4
  5. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 5
    INTEROIL IN BRIEF Norway, Oslo HIGHLIGHTS Headquarter Switzerland, Zrich Successful production Technical Department history in Latin America Colombia, Piedras, Llanos Ghana, Ebony Discovery Area Drilled more than 70 wells…
  6. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 6
    PRODUCTION AND INVESTMENT HISTORY Production increased from 2400 b/d in 2005 Driven by use of 3D seismic, advanced interpretation and drilling technology Extensive investment program with gross investments of more than USD 280MM1)…
  7. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 7
    INVESTMENT OUTLOOK New growth phase with Latin America focus Large growth potential in existing licenses Two new exploration licenses in Colombia Strong cash flow ahead Oil price hedged at WTI USD 75-80 per bbl Attractive…
  8. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 8
    TABLE OF CONTENT 1. Corporate highlights 2. InterOil in brief 3. Financials 4. Overview of business activities 5. Outlook Pareto Oil & Offshore Conference 31 August 2011 8
  9. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 9
    FINANCIAL DATA Figures in MMUSD Q2 2011 Q2 2010 H1 2011 H1 2010 Operating revenue 32.7 23.8 69.8 48.3 Production before royalties in 511971 1185714 1106126 562838 boe* Production net royalties in boe 362303 338250 748018 724217…
  10. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 10
    DEBT AMORTIZATION Million Debt amortization overview 160 New senior secured bond 140 Citi Colombia 120 Citi Peru 100 Old Unsecured bonds Old Senior secured bond 80 60 40 20 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3…
  11. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 11
    HEDGING 65000 bbl per month hedged at WTI 80 per bbl until September 2012 in Peru 28400 bbl per month hedged at WTI 75.40 per bbl until August 2013 in Colombia InterOil receives today a premium to the WTI of 5 to 20 dollar in…
  12. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 12
    TABLE OF CONTENT 1. Corporate highlights 2. InterOil in brief 3. Financials 4. Overview of business activities 5. Outlook Pareto Oil & Offshore Conference 31 August 2011 12
  13. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 13
    PERU FACTSHEET July 11 prod. WI 4311 b/d Reserves P21) 7.2 MMboe Investments 2011 MMUSD 10 Drilling 2011 4 Wells Cost per well MMUSD 1.3 -1.8 Corporate Tax 30% Royalty2) 49% Working Interest 100% San Luis exploration well Block III,…
  14. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 14
    PERU HIGHLIGHTS Development of San Luis Field in Block III in 2010/2011 New undepleted structure discovered in August 2010 Currently nine wells drilled, of which all encountered oil and produce today 2000 bopd Important effect…
  15. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 15
    BLOCK III: SAN LUIS 2011 DRILLING PLAN N Pareto Oil & Offshore Conference 31 August 2011 15
  16. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 16
    LICENSE EXTENSION PERU 10 year license extension expected Current licenses expires 2013 Application for extension sent Perupetro InterOil has a first class track record in Peru, having invested MMUSD 100 and substantially…
  17. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 17
    COLOMBIA FACTSHEET July 11 prod. WI 1999 b/d 1) Reserves P2 5.5 MMboe Investments 2011 MMUSD 10 Drilling 2011 5 + 1 Wells Cost per MMUSD 1.2-1.8 / 2) well 1.5-3.0 Corp. tax 33% 3) Royalty 8 - 20% Working Interest 50-90%…
  18. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 18
    COLOMBIA HIGHLIGHTS Succesful re-completion of Altair-1 production well Stable production of 460 bopd since completion in May Watercut of less than 0.2% ALTAIR-1 DAILY PRODUCTION C7.1 10000 1000 100 BOPD 10 1 May…
  19. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 19
    DRILLING PROGRAM - 2011 Pareto Oil & Offshore Conference 31 August 2011 19
  20. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 20
    ALTAIR BLOCK FIELDS & PROSPECTS Resource Potential 45 MM bbls (STOIIP) 14 multiple reservoir prospect identified Supported by seismic anomalies Next well in 2012 prospective channel / reservoir Pareto Oil & Offshore…
  21. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 21
    TWO NEW EXPLORATION BLOCKS LLA-47 and COR-6 signed in May 2011 Total area of 750 sq km ( Existing licenses 420 sq km) Farm-out process initiated Puli-C Altair LLA 47 COR 6 400 km2 447 km2 20 km Pareto Oil &…
  22. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 22
    BLOCK LLA 47 LLANOS BASIN Located in the prolific Llanos Altair Basin Phase 1: 42 months 3D seismic 8 wells, first well Q3 2012 Royalty 23 % LLA 47 447 km2 10 km Pareto Oil & Offshore Conference 31 August 2011 22
  23. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 23
    LLA-47 EXPLORATION POTENTIAL Proven oil in Lince-1 OROPENDOLA Multiple prospects LLA 29 Classic Carbonera traps Stratigraphic traps in Carbonera COROCORA LLA 30 High risk, high reward Cretaceous plays Needs 3D seismic TAMBAQUI…
  24. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 24
    BLOCK COR 6 MIDDLE MAGDALENA VALLEY Puli-C Middle Magdalena Valley Two wells drilled Tijeras-1. Oil discovery Aleli-1. Missed target Phase 1: 36 months 3D seismic 2 wells COR 6 Royalty 40% 400 km2 20 km Pareto Oil &…
  25. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 25
    TABLE OF CONTENT 1. Corporate highlights 2. InterOil in brief 3. Financials 4. Overview of business activities 5. Outlook Pareto Oil & Offshore Conference 31 August 2011 25
  26. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 26
    OUTLOOK & SUMMARY Drilling plan Q4 2011: Colombia: 5 wells in Mana Production estimate of 200 bopd per well Peru: 1 well in San Luis Production estimate of 350 bopd Complete farm-out process of exploration blocks in Colombia…
  27. PARETO OIL AND OFFSHORE CONFERENCE – Interoil Exploration & Production Asa – slide 27
    INTEROIL E&P ASA STRANDVEIEN 50 N-1366 LYSAKER NORWAY T +47 6751 8650 F +47 6751 8660 Q&A - Thank you for your attention INFOINTEROIL.NO WWW.INTEROIL.NO Disclaimer This presentation includes forward looking statements regarding…

From the store

Browse maps, data & reports in the Shale Experts store