Rockhopper Explora.on PLC Acquisi.on of Beach Egypt 10 August 2015 1
Transac+on overview and ra+onale Con+nua+on of Rockhopper strategy to build a well funded, full cycle, explora+on led E&P Focus on our core areas of the North Falkland Basin and Greater Med / North Africa Opportunis.cally add…
Rockhopper at a glance - post transac+on Key metrics Market cap at 60p: 275 million 2P reserves: 1 mmboe (+ 4.0 mmboe Egypt) Cash at year end 2014: 200 million (no debt) 2C con.ngent resources: 182 mmboe (+ 0.5 mmboe Egypt) P2…
Transac+on terms and metrics Headline considera+on of 22 million Key deal metrics Approximately 11.5 million cash Headline considera.on 22 million 10.5 million new Rockhopper shares Es.mated 2015 produc.on 1,300 boe/d Es.mated…
PorKolio Overview Abu Sennan 22% working interest Kuwait Energy operator Four elds currently producing 1,300 boe/d net to Rockhopper 4.5 mmboe (2P/2C) net to Rockhopper Ac.ve drilling program to target near-eld upside…
Abu Sennan Concession Explora+on Upside Concession underexplored Leads & Prospects with over 100mmboe Prospec+ve Gross Resources Concession area remains underexplored Area fully covered by 3D with mul.ple explora.on…
El Qaa Explora+on Licence (Beach Egypt 25%) Licence awarded in 2014, four years + 2 years explora.on term Dana (37.5% & Operator), Petrocel.c 37.5%, Beach 25% 450km2 seismic commitment (commencing) with 2D legacy data 1 well…