Lundin Petroleum August 2015 Corporate Presentation
WF11541 p1 07.14 Lundin Petroleum AB Company Overview and History Ticker - Nasdaq Stockholm Shares in Issue, million of which held in Treasury, million Market Cap, USD billion (1) 52 Week High/Low in SEK/share (1) Net Debt end 2Q…
WF11304 p1 01.15 Lundin Pe Asset Ove (1) End 2014 Reserv 2P reserves: 18 Contingent res Exploration Development Production
(1) Impairment of Russia (2) Impairment of Brynhild, Fx WF11543 p1 02.14 Financial Performance (1) Net Result Operating Cash Flow EBITDA Total Capex (2) -600 -400 -200 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800…
WF12061 p08 07.15 First Six Months 2015 Liquidity MUSD (1) Includes MUSD 36 drawn under the Norwegian exploration refund facility Debt Outstanding 3,589 (1) Cash Balances Full access to USD 4 billion under low oil price sensitivity…
WF12010 p2 01.14 2P Reserves 31 December 2014 Reserves increase(2) Reserves replacement ratio(2) 5% 90% Total 187.5 MMboe (1) Oil Price (Brent) USD 70/bbl in 2015 then USD 90/bbl in 2016 + 2% escalation thereafter (2) as per…
WF12010 p3 01.14 2P Reserves History Year End 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 50 0 100 150 200 300 250 MMboe Malaysia Norway Tunisia Netherlands Indonesia France Excluding…
WF12010 p5 12.14 Contingent Resource Growth Year End 0 200 400 600 800 1,000 1,200 MMboe Malaysia Russia Others Norway Norway - J. Sverdrup 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Excluding discontinued…
WF12010 p4 07.15 Lundin Petroleum Production 2015 Other production Full year guidance 32,000 boepd Norway production 0 20 30 10 40 50 Q2 2015 production: 28,900 boepd Alvheim underperformed (gas compressor) Brynhild…
WF12093 p2 08.15 Norway - 1H15 Net Alvhe Volun B?yla Alvhe new wor Volun new B?yla new wat Viper new Drillin
WF12093 p1 08.15 New Production Brynhild, Bertam Licence: Partner: Dev. concept: Reserves: Production: Brynhild Field PL148 Lundin Petroleum 90% (operator), Repsol 10% Subsea tie-in to Shell operated Pierce field (UK) 4…
Overview France & Netherlands WF11672 p8 02.15 Hydrocarbon Type 1H15 Production Net, MMboepd 2P Reserves Net (1), MMboe Best Estimates Contingent Resources Net (1), MMboe 2014 Operating Cash Flow Netback, USD/Boe Asset…
WF11383 p1 07.14 Norway & Malaysia Development Projects Brynhild (Lundin 90% operator) Ongoing Norwegian developments Edvard Grieg (Lundin 50% operator) Johan Sverdrup (Lundin 22.6%) (1) B?yla (Lundin 15%) Ivar Aasen Unit (Lundin…
WF11585 p01 04.15 Lundin Norway Edvard Grieg Development Edvard Grieg Platform Luno South Ivar Aasen Platform Gas Export to SAGE Ivar Aasen Edvard Grieg Oil Export to Grane Lundin Petroleum interest: 50% (operator) OMV 20%,…
WF11898 p01 07.15 Development Projects Edvard Grieg Work Status Edvard Grieg topsides installation and link to flotel Safe Boreas Lundin Petroleum 16
Norway Southern Barents Sea Barents Sea Russia Sweden Finland Norway Svalbard 70?0\'0\"N 0 KM 400 Norway United Kingdom Ireland Germany Netherlands North Sea Denmark 0 KM 400 Barents Sea Underexplored ~ 100 wells Lundin…
WF11786 p02 06.15 Norway - Southern Barents Sea Loppa High Exploration Loppa High Hammerfest Basin Troms? Basin Bj?rn?ya Bassenget Bj?rn?yrenna Fault Complex Veslem?y High Polheim Sub-platform Ringvass?y-Loppa Fault Complex…
Why Invest in Norway? UK Norway 0 KM 120 Wells drilled (1) Changed from 93% following the Norwegian Governments revised terms on uplift and special petroleum tax rate. Stavanger Bergen Aberdeen Excellent exploration potential…
WF11855 p04 01.14 Norway Finding Cost & Value Creation Lundin Petroleum most successful exploration company in Norway during the last decade Continue to pursue value creation through exploration OMV Acquisition of PL338 (20%) PL338…
South East Asia 2015 Activity WF11852 p2 11.14 0 KM 400 Cambodia Vietnam Malaysia Indonesia Borneo Sumatra Java Sulawesi Papua West Papua Timor-Leste Philippines Singapore Lundin Petroleum Partner Lundin Petroleum…
2015 Explora Drilling Sched WF11117 p1 31.07.15 Licence - Country (1) Net Unrisked Prospective R (2) Chance of Geological Succe (3) Net Risked Prospective Res Norway Norway Norway 1 2 3 4 5 6 7 8 9 11 12 Norway PL674BS - Z…
WF11003 p1 06.12 WF11003 p01 05.15 Lundin Petroleum Shareholders Number of shares in Market Cap: USD 5 bi Owned by Lundin Pet Average traded volum Part of OMX30, NASD
Production Forecast From Ongoing Development WF12010 p1 07.15 2012 2013 2014 2015 2018 2019 2020 ....... B?yla, 19.01.15 Brynhild, 25.12.14 2016 2017 Johan Sverdrup Johan Sverdrup Edvard Grieg Edvard Grieg Ivar Aasen…