Skip to main content April 2008 Investor Presentation – Interoil Exploration & Production Asa | Shale Experts
Loading...
Pm

April 2008 Investor Presentation – Interoil Exploration & Production Asa

Interoil Exploration & Production Asa · Apr 10, 2008 · 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. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 1
    Company presentation April 2008 Nils N. Trulsvik Chief Executive Officer
  2. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 2
    AGENDA 1. InterOil In Brief 2. Highlights 3. Financial Data 4. Operational Development & Plans 2008 Peru Colombia Angola Ghana 5. 2008 Outlook 6. Q&As 3
  3. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 3
    INTEROIL IN BRIEF InterOil Exploration & Production ASA is a Norwegian based exploration and production company founded in 2005 - listed on the Oslo Stock Exchange - with focus on Latin-America and West-Africa. The company is operator…
  4. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 4
    MILESTONES HIGHLIGHTS 1 START START 2 LISTING LISTING 3 ACQUISITION ACQUISITION 4 SIGNING SIGNING Acquisition Acquisition Oslo Oslo Stock Stock Proseis Proseis AG AG Blocks Blocks 55 & & 66 Drilling of more than 40 wells…
  5. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 5
    KEY FINANCIAL FIGURES Overview Q4 2007 2007 2006 All figures in million USD YTD 07 Q4 07 Q3 07 Q2 07 Q1 07 YTD 06 Q4 06 Q3 06 Q2 06 Q1 06 Operating revenues 69,4 23,0 19,2 15,4 11,8 41,3 10,7 11,5 10,7 8,4 Production WI 1 525 176…
  6. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 6
    OPERATIONS Colombia, Peru, Angola and Ghana
  7. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 7
    COLOMBIA FACTS Production WI 1800 b/d Reserves P2 4.0 MMb Investments 2007 17 MMUSD Drilling 2007 12 Wells Cost per well 1.2 MMUSD Corporate Tax 34% Working Interest* 50%-100% 3D Seismic Plant near Piedras Royalty* average…
  8. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 8
    COLOMBIA 3D MAP & 2008 WORK PROGRAM MN-13D producing MN-6D 3 deep Mana wells 8 shallow wells MN-15D TT-35A-D Fracturing study (near completion) TT-36A-D 3D-Seismic mapping MN-10D (final stage) MN-18 MN-14D EOR by…
  9. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 9
    WELLS DEVELOPMENT DOIMA RESERVOIR EA MANA STRUCTURE AMBROSIA AR MANA AREA NORTHERN BLOCK MANA-13 MP - 2005 - 02 N-1.002.000 N-1.002.000 AMB - 6 TT - 7 MANA-6D MP - 2005 - 04 - 02 AMB -7 MN-6 TT -…
  10. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 10
    ALTAIR EXPLORATION LICENSE IN LANOS BASIN Block ALTAIR Size 159 km 1st Investment Phase 18 Month 1 Well 4 MMUSD 2D Seismic 2.5 MMUSD Working Interest 100% Royalty 8.5% 11
  11. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 11
    BLOCKS ON OFFER IN LICENSING ROUND Llanos basin holds Colombias largest number of oil fields and proved oil reserves Altair License was the most sought after license in the new license round Large number of discoveries in the area…
  12. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 12
    LA CUEVA AND ALTAIR BLOCK LOCATION LA CUERVA ALTAIR 13
  13. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 13
    PLAY MAP ALTAIR BLOCK 14
  14. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 14
    PROSPECTIVITY RESOURCES ASSESMENT TERTIARY PLAY C7 Reserves Type C1 Reserves Type C2 Reserves Type C3 Area (acres) 500 200 250 Thickness (feet) 350 350 350 Net Pay (feet) 120 120 120 N/G 0.3429 0.3429 0.3429 Porosity (%) 28 28…
  15. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 15
    PERU FACTS 2007 Production WI 3230 b/d Reserves P2 11.8 MMb Investments 2007 26 MMUSD Drilling 2007 30 Wells Cost per well 0.65 MMUSD Corporate Tax 30% Working Interest 100% Royalty* average 2007 45.0% Licences Block III and IV…
  16. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 16
    BLOCK III EXPLORATION DRILLING Q2 08 P AC I FIC OC EA N 17
  17. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 17
    OPERATIONS UPDATE ANGOLA Exploration Block 5 Block 6 Prospective 450 MMb 200 MMb Resources* Contingent 27 MMb 16 MMb Resources* Investments 1st 27 MMUSD 23 MMUSD Phase, 4 Years (InterOils share) Drilling 2008 or 1 Well 1 Well beginning…
  18. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 18
    ANGOLA BLOCKS 5 & 6: WORK PROGRAM 2008 Block 5 3D Interpretation ongoing Reprocessing to PSTM Buy blue 3D-seismic and interpret Ranking of prospects and leads Drilling recommendation: 1 well in Q4 2008/Q1 2009 Block 6…
  19. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 19
    HIGHLY PROSPECTIVE LICENSE IN ANGOLA Interoil has acquired a 21% share in the Cabinda North Block Confirms excellent long lasting relationship with Sonangol Strengthening the position in West Africa Highly prospective area One…
  20. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 20
    ANGOLA CABINDA NORTH Prospective 290 MMb Resources* Contingent 52 MMb Resources* Acquisition cost 33 MMUSD Drilling 2009 3 Wells Working Interest 21% Surface 2400 km2 Operator Sonangol 20% Partners Teikoku, Soco, ACR Existing…
  21. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 21
    OPERATIONAL UPDATE GHANA Exploration Tano Shallow Prospective 50 MMb Resources* Contingent 25 MMb Resources* 100 bcf Investments 2007 15 MMUSD Drilling 2008 or 1 Well beginning 2009 Working Interest 31.5% Adriatic VI, 300 Foot…
  22. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 22
    WEST TANO: WT-2X CHANNEL COMPLEX 1 Exploration Well in Q4 2008 or beginning of 2009 N 23
  23. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 23
    2008 OUTLOOK Year peak production: 6800 Average production: 6035 bopd Colombia: 2450 bopd Peru: 3585 bopd Drilling program Colombia: 8 shallow wells and 3 deeper wells to be drilled in 2008 with a production estimate of 100…
  24. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 24
    PRODUCTION TARGETS AND CAPEX 8000 7000 6000 Production target of 6725 b/d in 2009 from current concessions in South 3085 5000 Production b/d 2455 America Colombia All infrastructure in place to cover 3 times 4000 Peru current…
  25. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 25
    OUTLOOK 2008 FINANCING 2008 Capex MMUSD 50 Funded by Cash generated from operation in South America 26
  26. April 2008 Investor Presentation – Interoil Exploration & Production Asa – slide 26
    PROPOSED SPLIT Interoil Exploration & Production ASA 100% 100% 100% 100% 100% 100% - InterOil Exploration InterOil Exploration InterOil Exploration InterOil Exploration Interoil E& P Latam Interoil Exploration & Production &…
  27. April 2008 Investor Presentation – 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 VISIT US Fourth quarter presentation 22. February 2008 28

From the store

Browse maps, data & reports in the Shale Experts store