INVESTOR PRESENTATION – New Zealand Oil & Gas
New Zealand Oil & Gas ·
Sep 1, 2014 · 23 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
New Zealand's largest listed explorer NZX and ASX Since 1981
NZD320m market cap AUD300m Two major producing assets
Kupe asset 75.9m revenue in FY2014 Tui asset 27.7m revenue in FY2014
Financial performance FYE14 FYE13 % change Sales revenue 103.6 99.3 4.4% Earnings before interest, tax, depreciation, 75.7 67.8 14.7% amortisation and exploration (EBITDAX) Exploration Expenditure (29.5) (15.1) 95.4% Depreciation &…
3.1 1.7 0.7 9.8 Kupe Forex 12.0 accelerated Sales 5.9 price gas Tui stake increased by Tui inventory at year- 15% - acquisition price end no shipment in realised in net last Qtr, plus earnings in 2014 production decline…
Financial performance FYE14 FYE13 % change Sales revenue 103.6 99.3 4.4% Earnings before interest, tax, depreciation, 75.7 67.8 14.7% amortisation and exploration (EBITDAX) Exploration Expenditure (29.5) (15.1) 95.4% Depreciation &…
OPERATING CASHFLOW UP 62% 88 million cash generated 135m cash on hand 6cps dividend in FY2014
Strategy PORTFOLIO GROWTH ADD VALUE IN PRODUCING ASSETS PARTNER OF CHOICE
Early Seismic Exploration Seismic Drilling Appraisal Development Production evaluation TUI 27.5% KUPE 15% KISARAN 22.5% KAHERU 35% WARU 100% TAKAPOU 50% TARANGA 50% MATUKU 12.5% CLIPPER 50% Balanced GALLEON BOHOROK 45% 100%…
New Zealand 17th out of 135 global Fraser Institute Survey Effectively 5th overall (US & Canadian states separate jurisdictions) 11 29/07/14 Exploring NZ
NEW ZEALAND Attractive fiscal terms Royalty of 5% net revenue, or 20% accounting profit Company tax reduced to 28% as of 1 April 2011 12 29/07/14 Exploring NZ
1959: 1st commercial discovery (Kapuni) 1969: 1st offshore discovery (Maui) 1980: 1st commercial oil field (McKee) Ultimate reserves (2010) 2000: Pohokura discovery mm boe 2003-04: Tui oil discoveries Pohokura 2006-09: 4 major…
Partner of choice
Gas flaring Kisaran PM-3
DELIVERING STRATEGY IN FY14 BALANCE IN NEW ZEALAND PORTFOLIO GROWTH DIVERSITY THROUGH INDONESIA ADD VALUE IN PRODUCING ASSETS PARTNER OF CHOICE
DELIVERING STRATEGY IN FY14 PORTFOLIO GROWTH TUI STAKE UP 15% ADD VALUE IN PRODUCING ASSETS PATEKE SUCCESS PARTNER OF CHOICE
DELIVERING STRATEGY IN FY14 PORTFOLIO GROWTH ADD VALUE IN PRODUCING ASSETS COMMUNITY RELATIONSHIPS PARTNER OF CHOICE ATTRACTS QUALITY PARTNERS
Summary Excellent operational performance Cashflow from operations up 62% Exploration & evaluation investment 74.9 million Investment in growth
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