SALAMANDER ENERGY Annual General Meeting 22nd June 2012
SALAMANDER ENERGY PURE ASIAN E&P Strategy SE Asian focus, 3 core areas Hub strategy, anchor asset with step out exploration and surrounding running room Divesting of non-core assets Operations 2012 forecast production rate 12 Mboepd…
FOCUS ON 3 REGIONAL PLAYS WITH GROWTH POTENTIAL Core Area Characteristics Greater Bualuang, Thailand B8/38 (100%), operator Operated positions with large equity G4/50 (100%*), operator Oil Production, Development & participation…
TRANSFORMATIONAL POTENTIAL ACROSS 3 LOW / MID RISK PLAYS G4/50 12.0 11.0 Value per barrel discovered (/boe) 10.0 6.9 12.0 9.0 North Kutei 8.0 7.0 4.8 - 9.0 6.0 B8/38 5.0 4.2 - 5.5 Greater 4.0 Kerendan 2.5 - 4.2…
LARGE PROSPECTIVE RESOURCE BASE UNDERPINS RESERVES & CONTINGENTS Major Prospective Resource Top 15 Prospects Over 900 MMboe of prospective Unrisked Mean Prospective resources identified in high-graded 15 456 Resources prospects…
RECENT 212 MM RIGHTS ISSUE 97.7% TAKE UP OF RIGHTS USE OF PROCEEDS Platform-based oil processing facilities, Bualuang field c. 25% of Proceeds* Replace FPSO with lower cost FSO, opex reduction of c. 25 MM p.a. Enhancing cash…
AGGREGATED DRILLING PROGRAMME Ensco-53 Jack Up Atwood Mako Jack Up Use of Proceeds: 2nd Rig Far East-1 prospect under long-term contract for Exploration Drilling currently drilling 2012 2013 Q2 Q3 Q4 Q1 Q2 Greater Exploration 2 wells…
2012 OUTLOOK Operational Activity Has Stepped Up A Gear Continuing to Develop & Enhance Value of Flagship Production Asset Long-term Drilling Contracts A Significant Advantage North Kutei A Huge Resource Potential Fully…
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