Skip to main content H1 2016 Results – Seven Energy International Limited Investor Presentation | Shale Experts
Loading...
Pm

H1 2016 Results – Seven Energy International Limited

Seven Energy International Limited · Aug 26, 2016 · 12 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. H1 2016 Results – Seven Energy International Limited – slide 1
    SEVEN ENERGY FIRST HALF RESULTS PRESENTATION 2016 26 August 2016
  2. H1 2016 Results – Seven Energy International Limited – slide 2
    Presenter Bruce Burrows Joined Seven Energy in October 2011 Chief Financial Officer Former finance director of JKX Oil & Gas for 14 years Previously worked for Ernst and Young in various positions in London (UK) and Wellington (New…
  3. H1 2016 Results – Seven Energy International Limited – slide 3
    Introduction Backdrop in 2016 Challenging economic situation in Nigeria Naira devaluation and convertibility Prolonged shutdown of Forcados export terminal Gas customer demand build up remains slower than anticipated Unicem…
  4. H1 2016 Results – Seven Energy International Limited – slide 4
    FIRST HALF 2016 HIGHLIGHTS 95 MMcfpd 29,900 boepd 49% production South east gas deliveries Net production from south east 67% increase 23% increase 14,800 boepd (H1 2015: 57 MMcfpd) (H1 2015: 24,400 boepd) (H1 2015: 9,000…
  5. H1 2016 Results – Seven Energy International Limited – slide 5
    South east overview Reserves and resources split (net)* Total: 156 (MMboe) 2P 2C Oil 10 2 Gas 89 55 Reserves and resources split (gross)* Total: 250 (MMboe) 2P 2C Oil 28 3 Gas 123 96 * Reserves and resources as at 31…
  6. H1 2016 Results – Seven Energy International Limited – slide 6
    North west overview Reserves and resources split* Total: 231 (MMboe) 2P 2C Oil 72 57 Gas 81 21 53% Gas Oil 47% * Reserves and resources as at 31 December 2015 (source: Senergy CPR report February 2016) H1 2016 Highlights…
  7. H1 2016 Results – Seven Energy International Limited – slide 7
    Income statement million H1 2016 H1 2015 Increased gas sales revenue contributions Revenue 67 145 Gas South East Oil SAA Oil Oil (underlift) H1 2016 60 7 89 Change in underlift 89 58 Net revenue 156 203 Production expenses (67) (109)…
  8. H1 2016 Results – Seven Energy International Limited – slide 8
    Cash flow million H1 2016 H1 2015 Reduction in cash from operations Net cash provided by operating activities 41 83 Period-on-period reduction of 42 million due to no liftings Net purchase of property, plant and (72) (72) from OMLs…
  9. H1 2016 Results – Seven Energy International Limited – slide 9
    Balance sheet million 30 June 31 December Capital expenditure reduced by 72% 2016 2015 (audited) First half 2015 Intangible assets 106 105 Midstream Property, plant and equipment 1,707 1,725 7mn Other non-current assets 72 67…
  10. H1 2016 Results – Seven Energy International Limited – slide 10
    2016 Capital Structure Initiatives Seven Energy faces macro challenges in the near term as described at beginning of presentation 2016 capital structure initiatives Develop a long-term capital structure for Seven Energy which is…
  11. H1 2016 Results – Seven Energy International Limited – slide 11
    2016 key initiatives as previously stated Complete construction of Oron to Creek Town gas pipeline to integrate our midstream infrastructure Increase gas deliveries as customer demand builds to 150 MMcfpd by year end Conclude…
  12. H1 2016 Results – Seven Energy International Limited – slide 12
    Q&A SEVEN ENERGY ASSET BASE 13 Aug-16

From the store

Browse maps, data & reports in the Shale Experts store