ANNUAL Citi Australian & New Zealand GENERAL Investment Conference MEETING 2013 Anthony Neilson Chief Financial Officer Wednesday, 30 October 2013
COMPANY OVERVIEW ROC is a full cycle operator with exploration and production assets in our focus region of South East Asia, China and Australia 1H13 financial & operational summary Sales revenue (USM) Operated 20,424 boepd in…
HSE PERFORMANCE Continuing to work to create the safest possible workplace and environment for our teams and the communities where we work Operational Safety Culture 2 2013 LTIFR Process and operational safety a priority…
RESERVES SUMMARY Continued focus on reserve replacement and resource growth 43.6 mmboe Africa UK Australia 2P Reserves China 15.0 22.9 mmboe 43.6 22.9 15.0 mmboe Best Estimate 2C (Risked) Resources Prospective…
FOCUS & GROWTH STRATEGY Deliver Existing Production Focus on existing assets and optimise production performance Our focus and value growth strategy: Maximise Near-Field Opportunities Dedication to HSE and Asset Integrity…
PRODUCTION & DEVELOPMENT CORE FOCUS ON SOUTH EAST ASIA, CHINA AND AUSTRALIA Zhao Dong, Offshore Bohai Bay, China ROCs largest operated asset; contributing 60% of YTD production Continual drilling program with 3Q13 production of…
DEVELOP AND GROW EXPLORATION & APPRAISAL Identify and secure value adding opportunities in established petroleum provinces across South East Asia, China and Australia 09/05 Block 3D seismic acquisition completed with processing…
DELIVERING ON 2013 OBJECTIVES OBJECTIVE MEASURE Same or better than five year OGP averages (Asia & Australasia) for HSE TRIFR and LTIFR, including implementation of 2013 Corporate proactive milestones Operational Deliver…
DISTINCT COMPETITIVE POSITION Regional focussed operator working in areas with proven basin potential Established partnerships and strong working relationships with NOC partners Management team with track record of delivery…
ASSET SUMMARIES China Zhao Dong Beibu Gulf Malaysia Balai Cluster Australia Cliff Head Basker Manta Gummy United Kingdom Blane Enoch Roc Oil Company Limited (ROC) SLIDE 11
CHINA ZHAO DONG OIL FIELDS Location: Offshore Bohai Bay, China C&D (+ERA) 24.5% Working Interest: Zhanghai and Chenghai Blocks 39.2% C4 Field 11.575% (unitised) Operator: ROC JV partners: PetroChina and Sinochem 4 linked…
CHINA BEIBU GULF Location: Offshore Beibu Gulf, China Working interest: 19.6% Operator: CNOOC JV partners: CNOOC, Horizon, Majuko 10 development wells from WZ 6-12 platform Development: 5 development wells from WZ 12-8…
MALAYSIA BALAI CLUSTER A cluster of four discovered oil and gas fields; Balai, Location: Bentara, West Acis and Spaoh Incorporated BC Petroleum: JV ROC 48% equity Dialog 32% partners: PETRONAS Carigali 20% Pre-development…
AUSTRALIA CLIFF HEAD & BMG FIELDS Cliff Head Oil field Location: Offshore Perth Basin, Western Australia Working Interest: 42.5% Operator: ROC Unmanned platform Development: Pipeline to onshore stabilisation plant Oil trucked to…
UK NORTH SEA OIL FIELDS Blane Enoch Working 12.5% Unitised 12% Interest: Operator: Talisman Energy Talisman Energy 9.6 MMBOE 2.5 MMBOE (as at 31/12/12) (as at 31/12/12) 1.2 MMBOE net to 0.3 MMBOE net to 2P Reserves: ROC…