Five -Year Investment Plan Bangkok, Thailand 18 December 2018
Investment Strategy Strengthen E&P portfolio and diversify business opportunities Non E&P ensures long-term sustainability E&P remains our core priority Materialize Gas to Power in existing footprint and expand LNG value chain…
Target Sales Volume* Maximize volume from legacy assets with substantial upside from BKT and ERW after 2022 Unit : KBOED Upside volume from BKT and ERW 310 318 325 326 300 280 235 Rest of World 200 Other SEA Thailand & 100…
Investment Plan (CAPEX and OPEX)* Prioritize investment to deliver volume target 5 Years (2019 2023) Unit : MMUSD Forecasted investment for OPEX 6,795 BKT and ERW CAPEX 9,310 4,000 3,726 TOTAL 16,105 3,479 3,560 Acquisitions…
Exploration Plan in 2019 Exploration activities to accelerate resources discovery 2019 Budget CAPEX 191 MMUSD 235 MMUSD OPEX 44 MMUSD FEED study in Myanmar and Australia Site preparation in Myanmar and Malaysia Site…
Thank you and Q&A You can reach the Investor Relations team for more information and inquiry through the following channels: http://www.pttep.com IRpttep.com +66 2 537 4000 6 / 11
Supplemental documents on the bidding announcement
Price Formula under TOR 116 THB/MMBTU is Price Constant to be adjusted by various factors () () () () Pricing Formula: = () + + + Whereas; () < 52 = 0.91 + 0.11 Pr : Gas Price 52 52 Pc : Price Constant 52 () < 100…
Bongkot Unit Cost Lower unit cost by 22%, mainly from no heavy investment upfront with cost synergy and optimization 100% -30% +18% 78% -10% Lower DD&A: Mainly from no heavy investment Royalty effect Vol. effect upfront (net…
PSC Model Under proposed profit split of 30%, contractors take is around 20% for field life *Assumption bases on field life, cost can be fully recovered 10 / 11
Terms under new PSC G2/61 (Bongkot) G1/61 (Erawan) Price Constant 116 THB per MMBTU 116 THB per MMBTU Contractors Profit Split 30% 32% Signature Bonus* 1,050 MMTHB Signature Bonus* 1,050 MMTHB Bonuses Production Bonus** 1,575…
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