KrisEnergy Ltd. Corporate Presentation March 2014 The initial public offering of the Company was sponsored by CLSA Singapore Pte Ltd and Merrill Lynch (Singapore) Pte. Ltd. (the Joint Issue Managers, Global Coordinators, Bookrunners and…
I. Business Overview
KrisEnergy Upstream Oil & Gas Company Our Business Our Team Our Portfolio Our Operations Our Financials Established in Highly experienced 16 contract areas in Pro forma FY2013 Pro forma3 FY2013 2009, our vision is (20+ years)…
Geographical Diversity Across E&P Life Cycle Portfolio rigorously selected based on in-depth knowledge of geology and complexities of regional basins within 16 contract areas1 A. Onshore Bangladesh Block 9 30% (Op) A B. Gulf of…
Portfolio Building Across the E&P life cycle Balanced portfolio with cash flow from production, and upside development and exploration potential Oil Gas *Oil & Gas PROSPECTIVE RESOURCES RESERVES DEVELOPED DEVELOPMENT UNCLARIFIED…
Balanced Portfolio of Assets Portfolio includes assets under various fiscal, regulatory and legal regimes and in various stages of the E&P life cycle to maintain a balance between cash flow generating producing assets and growth…
Key Financial Highlights Focus on IRR and NPV to optimise the portfolio with strong liquidity to support capital growth Liquidity1 (US million) Year ended 31 December 2013 Cash and bank balances 251.8 2012 2013 Pro Forma3 Less: PSC…
Summary of provisional 2014 work program KrisEnergys share FY2013 expenditure1 FY2014 planned expenditure2 Exploration and appraisal expenditure 64.61 125.85 Development expenditure 14.34 70,28 Total (USMM)3 78.95 196.13 VIETNAM…
II. Operations
Environment, Health, Safety & Security (EHSS) We are committed to upholding strong environmental, health, safety and security culture which we believe is essential to long-term shareholder value given the inherent risks of E&P…
Bangladesh: Production with exploration growth potential Tertiary basin geology similar to existing portfolio in Southeast Asia Acquisition of Tullow Bangladesh Ltd (which holds a 30% working interest and operatorship of the Block…
Gulf of Thailand: Stable production & developments Gulf of Thailand is a core area for growth: Five licenses1 in Thai waters, one in Cambodia Low cost shallow water development concepts KrisEnergy team experienced in Gulf of…
Development: G11/48 & G10/48, Thailand G11/48 and G10/48 are shallow water blocks with equivalent development concept as producing fields to the north G11/48: Nong Yao oil development added 3.40 mmboe to WI 2P reserves1 FID…
Development/Appraisal: Block A, Cambodia & G6/48, Thailand Block A 1st phase development of Apsara area targeting single platform with peak production 10,000 bopd Final fiscal term negotiations underway Detailed engineering…
Development: Indonesia gas appraisal & development Bulu/ East Muriah/ Sakti PSCs Gas aggregation into East Java Lengo-2 appraisal well in 1H2013, two tests at combined 25 mmcfd Oil Gas Lengo production targeted 2016, gas export to…
Exploration: High-impact exploration in Vietnam Multiple drillable prospects in each block Two exploration wells drilled in 2013: Block 105: Cua Lo-1 exploration well encountered hydrocarbons in all objectives confirming the…
Exploration: Indonesia high-impact potential Oil Gas Rapidly increasing gas demand in a high East Seruway: 948 km 2D seismic in price gas market 2013; one exploration well in 2H2014 Sakti: 1,200 km 2D and 400 sq km 3D Udan Emas:…
Strong Operating Partners With a large portion of the regions assets held by IOCs and NOCs, KrisEnergy provides a unique opportunity for investors to gain direct exposure to Southeast Asian E&P Our partners include large scale IOCs such…
Summary of Provisional 2014 Work Program Note: Our actual work program for 2014 may differ significantly from our provisional work program. set out above due to various factors, including but not limited to, changes in the…
Appendix
Fast-Pace Organic & Inorganic Growth Since incorporation in 2009, KrisEnergy has grown considerably and demonstrated a successful track record in building a diversified portfolio of 16 contract areas1 and fundraising for organic…
Experienced Team with Track Record of Success The majority of our management and senior technical team have worked together for over 15 years and have established a reputation for value creation, notably through our track record in…
Active Involvement Across Portfolio Life Cycle Our portfolio contains assets at all stages of the exploration and production life cycle and therefore we are actively involved in all key stages along the value chain 1 Acquisition…
Balanced Portfolio of Assets Producing/ Working Area Onshore/ Development Development Contract area Operator Exploration Near Interest (%) (sq. km) Offshore Unclarified Pending Producing Bangladesh Block 9 30 1,770 KrisEnergy on…
Production Thailand B8/32 & B9A Status: Production, development and exploration Area: 2,072 sq. km Location: Gulf of Thailand over the northern Pattani Basin Water depths: 42 to 113 metres Partners: KrisEnergy 4.63% Chevron 51.66%…
Production Bangladesh Block 9 Status: Production Area: 1,770 sq. km Location: Onshore Bangladesh, approximately 50 km east of Dhaka in prolific gas region with developed infrastructure Gross cumulative gas production from May 2006…
Development Thailand G11/48 Status: Development and exploration Area: 3,374 sq. km Location: Gulf of Thailand over southern margin of Pattini Basin and northwest margin of Malay Basin Water depths: Up to 75 metres Working…
Development Thailand G10/48 Status: Development pending and exploration Area: 4,696 sq. km Location: Gulf of Thailand over southern margin of the Pattini Basin Water depths: Up to 60 metres Working interest 2C resources1: 4.90…
Development Thailand G6/481 Status: Development pending and exploration Area: 566 sq. km Location: Gulf of Thailand over the Karawake Basin on the western margin of the Pattani Basin Water depths: 60 to 70 metres Working interest…
Development Cambodia Block A Status: Development pending and exploration Area: 4,709 sq. km Location: Khmer Basin, Gulf of Thailand Water depths: 50 to 80 metres Working interest 2C resources1: 2.46 mmboe Partners: KrisEnergy…
Development Indonesia Bulu PSC Status: Appraisal/development pending Area: 697 sq. km Location: Offshore East Java Water Depths: 50 to 60 metres Working interest 2C resources1: 25.42 mmboe Partners: KrisEnergy 42.5% (Operator)…
Development Indonesia Kutai PSC Status: Appraisal/development pending Area: 1,533 sq. km, one onshore and four offshore areas Location: Mahakam River delta, East Kalimantan Water Depths: Onshore to 200 metres Working interest 2C…
Appraisal Indonesia East Muriah PSC Status: Appraisal/development pending Area: 3,751 sq. km Location: Offshore East Java Water Depths: 50 to 65 metres Working interest 2C resources1: 1.64 mmboe Partners: KrisEnergy 50%…
Exploration - Indonesia Sakti PSC Status : Exploration Area : 4,974 sq km Location : Offshore Central Java and East Java Water Depths : 50-60 metres Partners KrisEnergy 95% (Operator) PT. Golden Heaven Jaya Ltd. 5% Geology…
Exploration Indonesia Tanjung Aru PSC Status: Exploration/development unclarified Area: 4,191 sq. km Location: Southern edge of the Kutai Basin Water Depths: 20 metres to over 1,000 metres Working interest 2C resources1: 7.92…
Exploration Indonesia East Seruway PSC 100% working interest and operator Status: Exploration Area: 4,406 sq. km Location: Offshore over North Sumatra Basin Water Depths: 25 to 60 metres Geology: Source: Oligo-Miocene,…
Exploration Indonesia Udan Emas PSC 100% working interest and operator Status: Exploration Area: 5,396 sq. km Location: Onshore West Papua over the Bintuni Basin Geology: Source: Permian - Jurassic carbonaceous shales and coals…
Exploration Vietnam Block 105 Status: Exploration Area: 7,192 sq. km Location: Central Song Hong Basin Water depths: 20 to 80 metres Partners: KrisEnergy 25% Eni Vietnam 50% (Operator) Neon Energy 25% Geology: Source: Oligocene…
Exploration Vietnam Block 120 Status: Exploration Area: 8,574 sq. km Location: South China Sea overlying Quang Ngai Graben in north and central areas, passing into Phu Khanh Basin in the south Water depths: 50 to 1,100 metres…