2013 + UPDATE ON PRL 15 + UPDATE ON EXPLORATION PROGRAM FULL-YEAR RESULTS Exploration LNG Development Refinery Downstream SINGAPORE March 31, 2014
2013 FULL YEAR Dr. Michael Hession Chief Executive Officer OVERVIEW DR. MICHAEL HESSION Chief Executive Officer Page 3
TODAYS PRESENTATION What we achieved, where we are today, and where we will be OPERATIONS DEVELOPMENT GROWTH Dr. Michael Hession Chief Executive Officer 1. STABILIZE 2. MONETIZE 3. SECURE Our operations Our resources Our future…
FINANCIAL REVIEW Dr. Michael Hession Chief Executive Officer 2013 Full Year MR. DONALD SPECTOR Chief Financial Officer Page 5
FINANCIAL HIGHLIGHTS 2013 was a record year for revenue and production TOTAL VOLUME SOLD REFINERY THROUGHPUT DOWNSTREAM SALES Mr. Donald Spector Chief Financial Officer 9.4m barrels 27,999 bpd 738m liters +11% year-on-year +14%…
REFINERY OPERATIONS Record year for production and margins but affected by a depreciating PGK against the USD THROUGHPUT Year ended Midstream Refining Operating results December 31, Mr. Donald Spector ( thousands) Chief Financial…
DOWNSTREAM OPERATIONS A slowdown in downstream as construction of the PNG LNG project nears completion TOTAL SALES VOLUME Year ended Downstream Operating results December 31 Mr. Donald Spector ( thousands) Chief Financial Officer…
BALANCE SHEET & LIQUIDITY As at December 31, 2013 TOTAL ASSETS Funds Withdrawn and Available as at December 31, 2013 (USm) 500 Mr. Donald Spector 450 Chief Financial Officer US1,306m 400 350 133 300 2012: US1,303m 250 Current…
LIQUIDITY FOLLOWING TOTAL SELLDOWN Completion of Total sell-down funds aggressive drilling campaign COMPLETION OF TOTAL DEAL UP TO 8 WELLS IN 2014-2015 Mr. Donald Spector Bobcat -1 Chief Financial Officer US401m Exploration…
Dr. Michael Hession Chief Executive Officer STRATEGY Key milestones for 2014 DR. MICHAEL HESSION Chief Executive Officer Page 11
KEY TARGETS FOR 2014 Clear strategy for growth OPERATIONS DEVELOPMENT GROWTH Dr. Michael Hession Chief Executive Officer 1. STABILIZE 2. MONETIZE 3. SECURE Business and financial Leverage partnerships to An investable stock with…
THANK YOU For more information, please contact: Don.spectorinteroil.com Chief Financial Officer
APPENDIX: KEY FINANCIAL STATEMENTS Summary of key financial statements for last eight quarters Quarters ended 2013 2012 ( thousands except per share data) Dec-31 Sep-30 Jun-30 Mar-31 Dec-31 Sep-30 Jun-30 Mar-31 Upstream 1,731 1,918…
APPENDIX: UPSIDE POTENTIAL Multiple leads and prospects to tie-back for Elk Antelope GEOLOGY SIGNIFICANT POTENTIAL ALONG THREE MAJOR STRUCTURAL TRENDS 3 TRENDS Trend 1 With 3 discoveries Trend 2 3 of 6 prospects on outer trend…
APPENDIX: THE NEW TEAM World-class team to lead InterOil in next growth phase Dr Michael Hession Chief Executive Officer and Board Member 25 years of international experience, primarily with BP, in exploration and development in North…
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