SALAMANDER ENERGY OVERVIEW Growing production, adding resources Production YTD of 10.9 Mboepd Production in April of 14.9 Mboepd, FY 2014 guidance 13 16 Mboepd Contingent resource increased 48% to 121.3 MMboe at Y/E 2013 Group 2P…
DEVELOPING HUB POSITIONS IN THAILAND, INDONESIA & Onshore Khorat, Thailand MALAYSIA Sinphuhorm gas field (9.5%) Dong Mun gas development (27.2%) Gas Production, Development & Exploration Operated positions with large equity…
HUB STRATEGY FOR INDEPENDENT E&P OPERATOR WELL SUITED TO SE ASIA Add value through development / commercialisation Building a portfolio of opportunities Field / Discovery DEVELOPED / DISCOVERED RESOURCES Sinphuhorm Area,…
RESERVES & RESOURCES UPLIFTED IN ALL THREE AREAS MMboe Reserve and resources YE 2012 v YE 2013 MMboe Reserve and resource growth by asset 200.0 90.0 180.0 160.0 5.2 16.3 52.9 80.0 140.0 120.0 70.0 100.0 186.5 80.0 60.0 155.1 60.0…
RESOURCE TO RESERVE CONVERSION THE NEXT WAVE OF PRODUCTION GROWTH Illustrative 2P + 2C production profile 25 Dong Mun 2C Kerendan 2C Bualuang 2C Sinphuhorm 2P Kerendan 2P Bualuang 2P 20 Average daily production (mboepd)…
GREATER BUALUANG B8/38 G4/50 SALAMANDER 2013 8
BUALUANG CONSISTENT STRONG RESERVES AND PRODUCTION GROWTH Evolution of reserves and resources Reserves trebled since first production in 2008 80 Originally estimated to contain 15 MMbo 70 2C 2P Undergone multiple reserve upgrades…
BUALUANG: STRUCTURAL AND RESERVOIR COMPARTMENTALISATION Main Field East Terrace W E T5.2 T5.3 T5.3 T4.0 T5.4 T4.1 T4.1 West Wing T4.2 Northern T4.4.2 A Culmination A Main Fault Block East Terrace Central T4.4.2 Angel…
BUALUANG DRIVING LONG TERM OPERATING COSTS DOWN Bualuang field operating cost forecast New infrastructure to reduce opex by US20-25 million p.a. 90 Power and processing modules installed on Bravo. Hook up in 80 70 progress…
G4/50 EXPLORATION STATUS Abutment Western Basin Hanging-wall Fault & Dip Partial relinquishment Basement completed All high graded areas retained EIA application in process Stratigraphic 20 drilling locations Drilling…
GREATER KERENDAN North East Bangkanai PSC Kerendan West Bangkanai PSC SALAMANDER 2013 13
WEST KERENDAN SIGNIFICANT UPPER BERAI DISCOVERY WK1 operational summary Drilled to 4050m. Testing underway K-3 Upper Berai 401m of gas saturation in Upper Berai, 163m of pay. Potentially 2 separate gas K-7 columns West Kerendan-1…
COMMERCIALISING GREATER KERENDAN Power line transmission network Kerendan gas field 120 Bcf proved reserves. 160 Bcf contingent resources Development on-going providing feedstock for new build local power generation with GSA for…
FOLLOW UP EXPLORATION Multiple follow up exploration targets in Greater Kerendan area 500 Bcf is threshold for pipeline to the East Coast Kedangpahu Lead Kedangpahu Lead Higher gas prices on East Coast versus local market…
KEY MILESTONES Resource Addition Commercialisation Reserve Addition Development Production YE Reserve 2013 2014 Booking 2015 2016 Bualuang Area, Resource Charlie Platform Platform Installation & Charlie Thailand Upgrade…
SUMMARY Excellent FY2013 production average production rate 14.2 Mboepd, up over 30% progress across Significant increase in resources added through the drill-bit to 121.3 MMboe, up 48% the portfolio Bualuang development continues,…
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