1Q14 Investors Update PT Medco Energi Internasional Tbk. 1 May, 2014 www.medcoenergi.com Energy Company of Choice
2 Company Profile Business Activities Companys Performance Major Projects Development Table of Content 01: Company Profile 3 Business Strategy & Shareholding Structure 4 This document contains certain results of Organizational…
3 Company Profile Business Activities Companys Performance Major Projects Development Company Profile
4 Company Profile Business Activities Companys Performance Major Projects Development Business Strategy Strengthen the Increase the reserve Complete all Major Accelerate the portfolio of life index through Projects as planned…
5 Company Profile Business Activities Companys Performance Major Projects Development Organizational Structure President Director & CEO Lukman Board of Medco Energi Internasional Tbk Mahfoedz Director & Chief…
6 Company Profile Business Activities Companys Performance Major Projects Development Corporate Updates January 21th 2013 May 12th 2013 October 14th 2013 February 10th 2014 Signed GSA amendment with MedcoEnergi Strikes Gas in…
7 Company Profile Business Activities Companys Performance Major Projects Development Company Performance
8 Company Profile Business Activities Companys Performance Major Projects Development Operational Performance 2P Oil Reserves in MMBO Oil and Gas E&P 1Q13 1Q14 % 1Q14 119 Proved Reserves - 1P (MMBOE) 222.0 197.5 (11.0) 2013…
9 Company Profile Business Activities Companys Performance Major Projects Development Oil Lifting and Service Contract Domestic Oil Lifting International Oil Lifting Oman Service Contract* Average Realized Oil Price *in 1Q14…
10 Company Profile Business Activities Companys Performance Major Projects Development Oil Price Comparison (US/barrel) 120 Brent WTI Medco's Realized Price ICP JCC 115 110 105 100 95 90 85 80 75 70
11 Company Profile Business Activities Companys Performance Major Projects Development Gas Sales Domestic Gas Sales International Gas Sales Average Realized Gas Price 70 7 6.56 58.3 60 55.9 55.0 6 54.2 5.41 50 5 40 3.62…
12 Company Profile Business Activities Companys Performance Major Projects Development Oil and Gas Costs Lifting Cost/boe Cash Cost/boe Total Cost/boe 23 21.70 21 20.14 18.39 18.32 19 17.19 17.54 18.14 17 15.09…
13 Company Profile Business Activities Companys Performance Major Projects Development Production Track Record 400 50 2P Reserve (mmboe) Production (mmboe) 320 40 2P reserves (mmboe) Production (mmboe) 240 30 160 20…
14 Company Profile Business Activities Companys Performance Major Projects Development Financial Performance Revenues USD Million Revenues Oil and Gas USD Million Financial Highlights 1Q14 202 1Q13 1Q14 % (USD mm) 1Q14 190 2013…
15 Company Profile Business Activities Companys Performance Major Projects Development Financial Performance (contd) Gross Margin Consolidated Profitability (%) 1Q13 1Q14 % Gross Margin Oil and Gas 1Q14 43% 1Q14 42% 41% Gross…
16 Company Profile Business Activities Companys Performance Major Projects Development Financial Performance (contd) CONSOLIDATED DEBTS (in USD mn) 1Q13 1Q14 % A. Total Bank Loans 590.9 568.2 (3.8) Current 111.3 50.6 (54.6) Non…
17 Company Profile Business Activities Companys Performance Major Projects Development Business Activities
18 Company Profile Business Activities Companys Performance Major Projects Development Oil and Gas E&P (Indonesia) In Indonesia, Medco operates 9 blocks, maintains working interests in 1 block operated by strategic partners,…
19 Company Profile Business Activities Companys Performance Major Projects Development Oil and Gas E&P (International) Large portfolio, domestic and international, offers diversification of opportunities and risks across broader…
20 Company Profile Business Activities Companys Performance Major Projects Development Other Energy Related Business Other revenue streams not only further diversify risks but also monetize upstream assets by midstream and…
21 Company Profile Business Activities Companys Performance Major Projects Development Other Energy Related Business (contd) Power Coal Mining Operated through Medco Power Indonesia, with an ownership Operates two Mining…
22 Company Profile Business Activities Companys Performance Major Projects Development Capex Profile During 2014-2016 Medco will spent substantial amount of Capex to start develop its Major Projects following the approval of…
23 Company Profile Business Activities Companys Performance Major Projects Development Exploration Program: Domestic Estimated potential resources addition for Domestic and International (2013 2018) : 375 MMBOE net unrisked…
24 Company Profile Business Activities Companys Performance Major Projects Development ExplorationUtility Area International Program: Estimated potential resources addition for Domestic and International (2013 2018) : 375 MMBOE…
25 Company Profile Business Activities Companys Performance Major Projects Development Major Projects Development Projects Summary % Ownership Partners Page Senoro Gas field development up to 310 MMscfd 30% Pertamina,…
26 Company Profile Business Activities Companys Performance Major Projects Development Senoro Upstream Project Working Interest Structure: Pertamina 50%, MedcoEnergi 30% and Mitsubishi & Kogas 20% Upstream Status: Objective:…
27 Company Profile Business Activities Companys Performance Major Projects Development Amine Absorber Erection Amine absorber Pit Pond 11 Shoring Facilities Pictures Main Pipe rack
28 Company Profile Business Activities Companys Performance Major Projects Development Control Room USO Welding at KP 4+000 Facilities Pictures H2S Removal vessel
29 Company Profile Business Activities Companys Performance Major Projects Development Clearing at Jetty Area Soil Test - Hand Boring Material off Loading Facilities Site Visit by Management Pre-Bid Clarification Meeting…
30 Company Profile Business Activities Companys Performance Major Projects Development DSLNG Downstream Project Ownership Structure: Mitsubishi & Kogas 59.9%, Pertamina 29% and MedcoEnergi 11.1% Downstream Status: Objective:…
31 Company Profile Business Activities Companys Performance Major Projects Development DSLNG Downstream Project Progress 1 4 5 8 9 2 3 10 11 6 7 1. Material Offloading Facility 2. Refrigerant Storage 3. LNG…
Company Address : Investor Relations: PT Medco Energi Internasional Tbk. A. Nugraha Adi The Energy Building 52nd Floor M. +62-819 815 815 SCBD Lot 11A Email. nugraha.adimedcoenergi.com Jl. Jend. Sudirman, Jakarta 12190 Indonesia P.…