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Macquarie Australia Conference Investor Presentation – Origin Energy Ltd.

Origin Energy Ltd. · May 8, 2014 · 18 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. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 1
    To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 8 May 2014 From Helen Hardy Pages 19 Subject Macquarie Australia Conference Investor Presentation Please find attached a release on the above…
  2. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 2
    Origin Energy Australian Energy A Changing Landscape Grant King, Managing Director Macquarie Australia Conference 7-9 May 2014
  3. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 3
    Since Origin was established in 2000 it has pursued a strategy of connecting resources to markets The leading integrated energy markets business in Australia and New Zealand Flexible and diverse fuel portfolio Flexible and diverse…
  4. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 4
    Significant investment through to 2017 will see around 85 mtpa1 of LNG capacity on line across Australia Darwin LNG Ichthys Exporting to Asia Pacific 12 mtpa markets where demand is set to almost double Prelude 3.5 mtpa from 175…
  5. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 5
    Australias investment in LNG export projects are transforming the domestic gas market World LNG Production1 Australias East Coast Gas Demand2 mtpa PJ 90 2,500 80 LNG 2012 2019 70 Domestic 2,000 60 50 40 1,500 30 20 1,000…
  6. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 6
    This will lift the value of Australian gas resources to export parity pricing Australian domestic gas prices are Origins 2P Equity Reserves moving towards export parity PJe 10.00 6,000 8.00 5,000 6.00 /GJ 4.00 4,000…
  7. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 7
    APLNG is on track to deliver first LNG by mid-2015, creating a step change in Origins earnings and cash flows Upstream 67% Complete1 APLNG CSG acreage (operated and non-operated) Downstream 68% Complete1 APLNGs industry…
  8. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 8
    Origin has established a strong domestic mass market and C&I gas position Origins Natural Gas Mass Market Sources of Origin Energy Markets Share in the NEM1 East Coast Contracted Gas Portfolio PJ/a 300 Ironbark (new equity gas) 2…
  9. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 9
    Origin is a leading developer of east coast conventional gas and CSG Developments at HBW, Speculant and Yolla in Otway and Bass basins. Origin OIL AND GAS as operator Conventional Exploration with MEO in the Bonaparte Basin.…
  10. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 10
    Origin has recently secured two highly prospective unconventional gas opportunities Cooper Basin Beetaloo Basin1 Prospective Allunga, Nappamerri and Significant unconventional gas exploration Patchawarra troughs position in one…
  11. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 11
    In the electricity market, reduced demand and prior investments in generation have resulted in over supply TWh NEM Electricity Demand and Supply1 350 Mothballed Unutilised CCGT 300 Unutilised Brown Coal Unutilised Black Coal 250…
  12. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 12
    Excess supply lowers short run marginal cost of generation to meet expected demand resulting in lower wholesale cost of energy NEM Baseload Bid Stack1 /MWh Average Annual NEM Prices (no carbon) 80 Estimated carbon cost Average…
  13. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 13
    LNG production expected to pull gas from generation, driving a rotation from gas to black coal generation Gas Used in Gas Fired Generation in the NEM1 Thermal Energy Supply in the NEM PJ (based on TWh of generation) 250 Annual gas…
  14. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 14
    The RET scheme is under review with current targets requiring new investment in excess of growth in demand 2007 2013 AEMO Annual Cost of Green Schemes For TWh Policy adjusted Current Residential NSW Customers2 demand Estimate…
  15. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 15
    Origins diverse and flexible generation and fuel portfolio enables Origin to navigate changing market dynamics Generation Flexibility1 PJ/a Gas Flexibility1 TWh 45 250 Gas Generation 40 Gas C&I / LNG Gas Mass Market 200 35…
  16. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 16
    In New Zealand, despite extensive exploration, there have been no major gas discoveries for many years New Zealand 2P Gas Reserves1 Sources of New Zealand Gas Demand2 PJ PJ 3,500 250 Electricity Generation Cogeneration 3,000…
  17. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 17
    Gas to methanol production and no step change in NZ gas reserves have supported a transition from gas to geothermal generation NZ Geothermal and Thermal Energy Supply1 Te Mihi Power Station (based on TWh of generation) 100% 90%…
  18. Macquarie Australia Conference Investor Presentation – Origin Energy Ltd. – slide 18
    Thank you For more information David Moon Group Manager, Investor Relations Email: david.moonoriginenergy.com.au Office: +61 2 9375 5816 Mobile: + 61 437 039 310 www.originenergy.com.au

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