Skip to main content Oil Barrel Conference – Rockhopper Exploration Investor Presentation | Shale Experts
Loading...

Oil Barrel Conference – Rockhopper Exploration

Rockhopper Exploration · Feb 4, 2015 · 21 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

  1. Oil Barrel Conference – Rockhopper Exploration – slide 1
    ROCKHOPPER EXPLORATION Oil Barrel Conference 4 February 2015 1
  2. Oil Barrel Conference – Rockhopper Exploration – slide 2
    Rockhopper Corporate Overview Our strategy is to create value through building a Core Areas NFB and Med/North Africa well-funded, full-cycle, exploration led E&P company We aim to do this by: Maintaining balance sheet strength and…
  3. Oil Barrel Conference – Rockhopper Exploration – slide 3
    Rockhopper Summary Only E&P company to make a commercial oil Reserves and Resources (net to RKH) discovery in the Falklands 2C Contingent Resources Sea Lion oil field discovered in 2010 Falklands* 150 mmbbl Mediterranean 32 mmboe…
  4. Oil Barrel Conference – Rockhopper Exploration – slide 4
    Indicative Activity Schedule Note: Potential for all four NFB wells to be drilled consecutively from March 2015 5
  5. Oil Barrel Conference – Rockhopper Exploration – slide 5
    GREATER MEDITERANEAN OVERVIEW Sea Lion Development 6
  6. Oil Barrel Conference – Rockhopper Exploration – slide 6
    Sea Lion Initial Phased Development (Rockhopper 40%) Phased, lower cost development solution adopted for the Sea Lion field Phase 1a Phased concept to develop gross Sea Lion 2C resources of Phase 1b 400 mmbbl (net 150 mmbbl to RKH)…
  7. Oil Barrel Conference – Rockhopper Exploration – slide 7
    Sea Lion Phased Development Solution Likely FPSO Solution 2C Resources (mmbbl) Leased FPSO solution similar in scale to Premiers existing sanctioned Catcher Field Development Gross RKH (North Sea) Phase 1a (RKH 40%) 160 64 Phase 1b…
  8. Oil Barrel Conference – Rockhopper Exploration – slide 8
    Sea Lion Development Timeline and Revised Commercial Terms 2014 2015 2016 2018 2019 FPSO FEED / design Submission of final Revised contract award FDP to FIG Development drilling development First Oil commences concept agreed…
  9. Oil Barrel Conference – Rockhopper Exploration – slide 9
    GREATER MEDITERANEAN OVERVIEW North Falkland Basin Exploration 10
  10. Oil Barrel Conference – Rockhopper Exploration – slide 10
    North Falkland Basin Eirik Raude 11
  11. Oil Barrel Conference – Rockhopper Exploration – slide 11
    North Falkland Basin 2015 Exploration Highlights Eirik Raude rig on schedule to arrive in Falklands to spud first well in March 2015 Six wells planned (4 NFB, 2 SFB), with Rockhopper participating in all 4 NFB wells Rockhopper…
  12. Oil Barrel Conference – Rockhopper Exploration – slide 12
    2015 High Impact Drilling Potential to Double Resources CHATHAM (RKH 40%) JAYNE EAST (RKH 24%) Sea Lion west flank appraisal to Low risk / high value prospects determine presence or absence on east flank of gas cap Excellent…
  13. Oil Barrel Conference – Rockhopper Exploration – slide 13
    2015 Drilling Schedule Gross P90 53 91 802 21 prospective Pmean 282 72 510 87 127 resources P10 741 207 1424 214 Equity 24% 24% 24% 24% 40% Net P90 13 2 19 5 prospective Pmean 68 17 122 21 51 resources P10 178 50 342 51…
  14. Oil Barrel Conference – Rockhopper Exploration – slide 14
    GREATER MEDITERANEAN OVERVIEW Greater Mediterranean 15
  15. Oil Barrel Conference – Rockhopper Exploration – slide 15
    Greater Mediterranean - Building a Second Core Area 16
  16. Oil Barrel Conference – Rockhopper Exploration – slide 16
    Rockhopper Acquisition of Mediterranean Oil & Gas plc Low cost, value enhancing entry into Mediterranean / North Africa region Acquiring 2P/2C resource base of 32.5 mmboe, increasing Rockhoppers 2P/2C resources by c.23% Acquiring…
  17. Oil Barrel Conference – Rockhopper Exploration – slide 17
    GREATER MEDITERANEAN OVERVIEW Finance Update 18
  18. Oil Barrel Conference – Rockhopper Exploration – slide 18
    Funding Update* Cash at 30 September 2014 : 205 million Pre-sanction capex on Sea Lion Phase 1a : 40 million (assumes FID mid 2016) Four firm exploration wells in NFB in 2015 : 25 million (after carries) 48m Exploration Carry from…
  19. Oil Barrel Conference – Rockhopper Exploration – slide 19
    Capital Expenditure 2015 guidance: 60 million 20
  20. Oil Barrel Conference – Rockhopper Exploration – slide 20
    Summary Building a well funded, full-cycle, exploration led E&P company Revised development concept and commercial arrangements agreed for Sea Lion Project sanction (mid 2016) no longer conditional on Premier finding farm-in partner…
  21. Oil Barrel Conference – Rockhopper Exploration – slide 21
    Board of Directors DR. PIERRE JUNGELS, CBE - Chairman SAM MOODY - Chief Executive Officer PhD in Geophysics & Hydraulics from California Co-founder of Rockhopper Exploration. Previously at Institute of Technology. Previously worked…

From the store

Browse maps, data & reports in the Shale Experts store