Q3 2014 – Tethys Oil

Tethys Oil · Nov 4, 2014 · 19 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

Q3 2014 4 November 2014
Q3 Highlights Record net sales of MSEK 296, up 21% compared to Q2 EBITDA of MSEK 232, up 21% compared to Q2 Net result MSEK 167, up 56% compared to Q2 Earnings per share SEK 4.71 for Q3 Exploration and appraisal continues: New…
Tethys assets Country Licence Area, Tethys Partners* 2P reserves Production km2 share 31 Dec 2013 Q3 2014 (mmbo) (bopd) Producing Assets Oman Block 3 & 4 34,610 30% CC Energy, Mitsui 15.2** 8,287 Lithuania Gargzdai 884 25% Odin…
Independent petroleum consultant Reserves DeGolyer and MacNaughton (D&M) reviews Tethys Oils reserves in Reserves Oman Oman annually. (31 Dec 2013, mmbo) 1P 2P 3P Following successful drilling during the Farha South 8.9 11.7 13.5…
Average daily production in Oman 9 000 8 239 8 221 8 404 8 000 7 000 6 000 5 000 4 000 3 000 2 000 1 000 0 July October November December May July September April September Januari…
Production Barrels Barrels 1 800 000 5 000 900 000 9 000 1 600 000 4 500 800 000 8 000 1 400 000 4 000 700 000 7 000 3 500 1 200 000 600 000 6 000 3 000 1 000 000 500 000 5 000 2 500 800 000 400 000 4 000 2 000 600 000 300 000…
Sold barrels Barrels Sold volumes Barrels Sold volumes 450 000 900 000 850 926 776 248 399 352 400 000 800 000 350 059 700 000 350 000 280 782 600 000 300 000 271 175 500 000 250 000 213 397 400 000 200 000 300 000 150 000 147…
Sales MSEK MSEK MSEK 700 350 584 592 296 600 300 245 500 250 193 195 400 200 142 300 150 200 100 104 100 50 0 0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Sales of oil and gas Sales of oil and gas…
Average selling price per barrel USD/bbl USD/bbl 115,0 115,0 110,0 110,4 110,0 108,5 107,4 107,6 106,6 106,6 105,9 105,0 105,0 102,1 100,0 100,0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Ave selling…
EBITDA MSEK MSEK 600 250 80% 553 78% 232 509 78% 500 479 77% 78% 200 192 76% 74% 400 148 150 72% 130 300 70% 96 100 68% 200 68% 66% 67% 84 50 64% 100 62% 0 0 60% 2011 2012 2013 9M 2014 Q3 2013 Q4 2013 Q1 2014 Q2 2014…
Expenses MSEK MSEK 200 70 175 6 8 31 60 150 50 8 125 6 40 8 28 100 30 59 57 75 152 46 20 42 50 96 37 25 10 20 0 0 0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Operating expenses Administrative expenses…
Adjusted net back and opex per barrel* USD/bbl USD/bbl 70,0 60,0 60,0 50,0 50,0 40,0 40,0 41,9 40,0 44,4 43,2 45,4 45,5 41,3 30,0 30,0 20,0 20,0 10,0 10,0 11,9 14,1 13,2 14,5 11,9 11,0 10,5 0,0 0,0 2012 2013 Q3 2013 Q4…
Net result after tax MSEK MSEK 350 180 314 167 160 300 140 250 240 120 107 200 100 150 80 58 60 52 100 45 69 40 50 20 0 0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Result for the period Result for the…
Balance Sheet Q3 2014 (MSEK) 2014-09-30 2014-06-30 2013-12-31 Cash 194 33 295 Long term debt 33* 30* 422 Net debt -161 -3 127 Total assets 1,619 1,367 1,563 Shareholders equity 1,547 1,284 1,100 Strong cash position of MSEK…
Oil and gas investments MSEK MSEK 1000 90 875 79 80 73 800 70 59 60 600 50 45 44 40 400 290 30 200 20 44 10 0 0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Oil and Gas Investments Oil and Gas Investments…
Wells in Oman 40 37 16 15 35 35 14 12 30 12 10 25 22 10 8 8 20 8 15 6 10 4 5 2 0 0 2011 2012 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Wells drilled Wells drilled 8 wells drilled in Q3 2014, including, 2 production…
Current activities Drilling on Raseiniai license in Lithuania later this year or early next year Farha South water injection programme nearing completion Exploration/appraisal along B4EW7 Farha trend Exploration well LE-1 in…
Current operations Lower Buah areas and Saiwan East field (Khufai) 18
Q3 2014 4 November 2014

From the store

Presentation Manager Subscription - Discounted $1,092

Browse maps, data & reports in the Shale Experts store