KrisEnergy Limited Corporate Presentation March 2015 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…
I. Business Overview
KrisEnergy A Fast Growth E&P Company Our Business Our Team Our Portfolio Our Operations Our Financials Established in Highly experienced 19 contract areas 2014 working 2014 revenue 2009, our vision is (20+ years) in Bangladesh,…
Our Portfolio Rigorously selected assets based on in-depth knowledge of geology and complexities of regional basins A. Gulf of Thailand B8/32 & B9A 4.6345% B G6/48 30% (Op) G10/48 89% (Op) G G11/48 22.5% Cambodia Block A 55%…
Portfolio Building Across the E&P Life Cycle Oil Gas Oil & Gas PROSPECTIVE RESOURCES RESERVES DEVELOPED DEVELOPMENT UNCLARIFIED DEVELOPMENT PENDING (PROSPECTS & LEADS) & UNDEVELOPED LEAST MATURE ASSETS MOST MATURE ASSETS Cambodia…
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 provide a balance between cash-flow generating producing assets and growth through…
Financial Summary Focus on IRR and NPV to optimise the portfolio with strong liquidity to support capital growth 2012 2013 2014 US/bbl Realised Oil Sales Price Production volumes (boepd) 3,384 2,916 7,612 150 Oil and liquids (bopd)…
Financial Position Balance sheet optimisation to support E&P growth profile Net debt position2: US206.1 mm Liquidity (US mm) Net tangible assets2: US327.5 mm Unaudited as at 31 Dec 2014 Gearing ratio2,3: 38.1% Cash and bank balances…
II. Operations
Environment, Health, Safety & Security (EHSS) We are committed to upholding a 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 30% working interest and operatorship of the Block 9 PSC completed in December 2013…
Gulf of Thailand: Stable Production & Development Gulf of Thailand is a core area for growth: Five licences in Thai waters, one in Cambodia KrisEnergy operator of G10/48 and Cambodia Block A developments and G6/48 appraisal licence…
Development: G11/48 & G10/48, Thailand G11/48 and G10/48 are shallow water blocks with equivalent development concepts as producing fields to the north G11/48: Nong Yao oil development added 2.9 mmbo1 to working interest 2P…
Development/Appraisal: Cambodia Block A & G6/48, Thailand Cambodia Block A Transfer of operatorship to KrisEnergy in October 2014 1st phase development of Apsara area targeting single platform with peak production 10,000 bopd…
Development: Indonesia Gas Development & Appraisal Bulu/East Muriah/Sakti PSCs Gas aggregation into East Java Lengo gas field plan of development approved December 2014 Lengo production to commence 24 months after FID, gas export to…
Exploration: Indonesia High-impact Potential Rapidly increasing gas demand in a high price gas market: Oil Gas Sakti: 1,202 km 2D and 401 sq. km 3D seismic East Seruway: 948 km 2D seismic in 2013 acquisition completed in 2014 Udan…
Exploration: High-impact Exploration in Vietnam Core exploration area offshore Vietnam Multiple drillable prospects in each block Block 115/09: Awarded 100% working interest and operatorship in March 2014 Reprocessing 3,000 km 2D…
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 Asia E&P Our partners include large scale IOCs such as…
Appendix
Fast-paced Organic & Inorganic Growth Since incorporation in 2009, KrisEnergy has grown considerably and demonstrated a successful track record in building a diversified portfolio of 19 contract areas and fundraising for organic growth…
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 Pearl…
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 Pre-Exploration…
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 Gross cumulative production up to 31…
Production Bangladesh Block 9 Status: Production Area: 1,770 sq. km Location: Onshore Bangladesh, approximately 50 km east of Dhaka Gross cumulative gas production from May 2006 until 31 December 2014 was 285 bcf1 Working interest…
Development Thailand G11/48 Status: Development pending 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 2P reserves: 13.6 mmboe1…
Appraisal/Development Thailand G6/48 Status: Development pending and exploration Area: 566 sq. km Location: Gulf of Thailand over Karawake Basin on western margin of Pattani Basin Water depths: 60 to 70 metres Working interest 2C…
Development Cambodia 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 resources: 5.4 mmboe1 Partners:…
Development Indonesia Block A Aceh PSC Status: Development pending/appraisal and exploration Area: 1,867 sq. km Location: Onshore Sumatra Working interest 2C resources: 103.6 mmboe1 Partners: KrisEnergy 41.6666% Medco 41.6667%…
Development Indonesia Bulu PSC Status: Development pending Area: 697 sq. km Location: Offshore East Java Water Depths: 50 to 60 metres Working interest 2P reserves: 25.4 mmboe1 Oil Gas Partners: KrisEnergy 42.5% (Operator) AWE…
Development Indonesia East Muriah PSC Status: Development pending/appraisal Area: 3,751 sq. km Location: Offshore East Java Water Depths: 50 to 65 metres Working interest 2C resources: 1.6 mmboe1 Partners: KrisEnergy 50%…
Development Indonesia Kutai PSC Status: Development pending/appraisal Area: 944 sq. km, one onshore and four offshore Location: Mahakam River delta, Makassar Strait Water Depths: Onshore to 200 metres Working interest 2C resources:…
Exploration Indonesia Sakti PSC Status: Exploration Area: 4,974 sq. km Location: Offshore Central Java and East Java Water Depths: 50 to 60 metres Partners KrisEnergy 95% (Operator) PT. Golden Heaven Jaya Ltd. 5% Geology Source:…
Exploration Indonesia Tanjung Aru PSC Status: Exploration/development unclarified Area: 3,143 sq. km Location: Kutai Basin, Makassar Strait Water Depths: 20 metres to over 1,000 metres Working interest 2C resources: 7.9 mmboe1,2…
Exploration Indonesia East Seruway PSC Status: Exploration Area: 1,172 sq. km Location: Offshore over North Sumatra Basin Water Depths: 25 to 60 metres Partners: KrisEnergy 100% (Operator) Geology: Source: Oligo-Miocene,…
Exploration Indonesia Udan Emas PSC Status: Exploration Area: 5,396 sq. km Location: Onshore West Papua over the Bintuni Basin Partners: KrisEnergy 100% (Operator) 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 33.33% Eni Vietnam 66.67% (Operator) Geology: Source: Oligocene to Middle…
Exploration Vietnam Block 115/09 Status: Exploration Area: 7,382 sq. km Location: Southern Song Hong Basin Water depths: 60 to 200 metres Partners: KrisEnergy 100% (Operator) Geology: Source: Oligo-Miocene lacustrine shales and…
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…
Exploration Bangladesh SS-11 Status: Exploration Area: 4,475 sq. km Location: Bay of Bengal over Bengal Fan Water depths: 200 to 1,500 metres Partners: KrisEnergy 45% Santos 45% (Operator) BAPEX 10% Geology: Source: Tertiary…