COVID 19 - MedcoEnergi Response Prioritizing Health and Safety of Workforce and Communities WORK FORCE SAFETY COMMUNITY SUPPORT No business impact from COVID-19, US8 mn spending to Donations to hospitals, community health centers…
9M 2020 Executive Summary Consolidated EBITDA US422 mn, down by 5% y-o-y Oil and gas prices down 37% and 25% respectively yo-y Oil & Gas: Production 100 mboepd, flat y-o-y Successful exploration drilling in Natuna Block B and Ijen…
9M 2020 Financial Summary Consolidated EBITDA US422 mn, down 5% y-o-y, due to cost efficiencies and Ophir Energy synergies offsetting the impacts of low energy demand. Energy demand and commodity prices2 impacted by Covid-19 pandemic…
9M 2020 Operational Summary Oil and gas production 100 mboepd, within guidance, though gas demand continues to be significantly below normal pre Covid-19 pandemic levels Unit cash costs US7.6/boe, within guidance, despite additional…
Financial Highlights Consolidated EBITDA Growth (US mn) 2020 EBITDA down only 5% y-o-y 68 63 63 despite lower energy demand and 49 42 52 40 falling prices1 826 Oil prices recovered in Q3, gas 241 prices continued to fall, due…
2020 Guidance: Production Liquids Gas Fixed Priced Gas Indexed Priced Gas 9M 2020 Actual 115 Production 100 mboepd within revised 100 - 105 100% guidance 102 100 Q3 gas demand at TOPQ, significantly 30% below capacity to deliver…
2020 Guidance: Expenditure 9M20 Actual Cash Cost/Unit 1, US/boe 9M capex US194 mn, US147 mn in Oil & Gas 103 and US47 mn in Power 2 87 85 100 Unit cash costs US7.6/boe, within guidance,…
Commitment to deleverage Gross Debt (US mn) Issued Q1 US650 mn Notes to settle 2022 Notes call and 2021 maturities 62.5 62.5 38.7 39.5 Retired 2022 US400 mn Notes via 1H Tender Offer and Q3 Call 3,307 3,195 3,041 2,920…
What To Expect 2020-2021 Covid-19 Focus: Prioritizing Health and Safety and minimize business disruption Prudent liquidity and liability management Disciplined capital investment and portfolio management Operating and procurement…
Active Portfolio Management Closed and Integrated Value Adding Acquisitions Acquisitions have added value through enhanced scale, control and organizational competence. Acquisition targets are screened to ensure: Improved MedcoEnergi…
Asset Portfolio Sinphuhorm Tanzania Yemen Thailand Laos Bualuang Vietnam Cambodia Chim Sao and Dua Malaysia Bengara PM322 Bangkanai Block A South Natuna Sea Block B North Tarakan Sokang Simenggaris Mexico Libya Oman…
Oil and Gas Statistics YoY Metrics 9M19 9M20 % Net 2P Reserves, MMBOE Net Contingent Resources, MMBOE Production Oil, MBOPD 332 1,163 1,123 38.2 40.6 6.3 Gas, MMSCFD 340.9 319.3 (6.3) 287 Lifting/Sales 163 Oil Lifting, MBOPD…
Financial Statistics (9M19 vs 9M20) Average Revenue Gross Profit EBITDA Realized Price Oil Incl. Incl. Incl. Price US39.5 37% MPI US793 18% MPI US288 29% MPI US422 5% /bbl million million million Excl. Excl. Excl. Gas US5.1…
Executive Summary PT Medco Energi Internasional Tbk. The Energy Building 53rd Floor SCBD Lot 11A Jl. Jend. Sudirman, Jakarta 12190 Indonesia P. +62-21 2995 3000 F. +62-21 2995 3001 Email: investor.relationsmedcoenergi.com Website…
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