Pt Energi Mega Persada Tbk · IDX:ENRG

Pt Energi Mega Persada Tbk — FY2015 Earnings Presentation

20 slides from Pt Energi Mega Persada Tbk's earnings presentation, July 2016

  1. Slide 1: FY2015 Production & Financial Results

    emp empowering people FY2015 Production & Financial Results July 2016

  2. Slide 2: Table of Contents

    Table of Contents Section 1: Overview of EMP 3 Section 2: Key Corporate Strengths 6 Appendix: Additional Information 16

  3. Slide 3: Any and all information contained in this confidential document ("Presentation") has been obtained from

    THIS DOCUMENT CONTAINS INFORMATION THAT IS PROPRIETARY AND CONFIDENTIAL IN NATURE, AND IS OR MAY BE PRICE-SENSITIVE INFORMATION. THE USE OF SUCH INFORMATION MAY BE REGULATED OR PROHIBITED BY APPLICABLE LEGISLATION INCLUDING SECURITIES LAW RELATING TO INSIDER DEALING AND MARKET ABUSE AND THE RECIPIEN

  4. Slide 4: Overview of EMP

    emp empowering people Section 1 Overview of EMP

  5. Slide 5: Total debt/EBITDA Net debt/EBITDA

    • 400 • 300 200 100 • 0 12 60 10 50 8 40 6 30 4 20 10 2 0 0 Total debt/EBITDA Net debt/EBITDA |4

  6. Slide 6: Working interest and reserves

    Working interest: 75% 1P reserves: 29.5 bcf 2P reserves: 212.3 bcf Operator: EMP Partner: ENH (25%) Source: Company information Notes: Reserves and production indicated are on a net working interest basis. bcf: billion cubic feet, mmbbl: million barrels, bbl/day: barrel/day, mmscf/day: million cubic

  7. Slide 7: Key Corporate Strengths

    emp empowering people Section 2 - Key Corporate Strengths

  8. Slide 8: Summary of Key Corporate Strengths

    emp empowering people Summary of Key Corporate Strengths Experienced leadership team with proven track record Large, attractive, diversified portfolio of oil and gas assets Full 7 ) commitments Solid to rigorous financial safety, health, position and environment standards As an independent upstream

  9. Slide 9: Production and reserves by asset

    • • – • – • Others Others 4% 6% 400 300 Buzi 20% Bentu 200 Bentu Malacca Straits 16% Buzi 27% 2% 100 37% Kangean 0 ONWJ 25% ONWJ 15% 20% Kangean Malacca Straits 24% 4% |8

  10. Slide 10: Business Unit PROPER 2015

    … • • – PROPER BUSINESS UNIT 20152 • – – – • • – Beyond compliance companies that achieve zero emissions – Beyond compliance companies Have achieved compliance level Managed environment impact but below requirements Have not managed environment impact at significant level |9

  11. Slide 11: • • • 0 • 15 10 • 5 • 0 |10

    250 15 200 12 150 9 100 6 50 3 0 0 • 50 • 45 • 40 35 30 25 20 • 15 10 • 5 • 0 |10

  12. Slide 12: Gas sales contracts by buyer

    1000 60 800 40 600 400 20 200 0 0 2011 2012 2013 2014 2015 PLN 3 PK PK additional Pertamina PLN 3 PKG 3 PT Pertagas 3 PT Indogas 3 679BCF 189BCF 20BCF 369BCF 242BCF 221BCF 79BCF Baa3/BB/BBB-5 NR 5 Baa3/BB+/BBB- 5 Baa3/BB/ NR 5 NR 5 NR 5 BBB-5 |11

  13. Slide 13: Source: Company information as per 30 Dec 2015.

    … … • • • • • • • ̶ … ̶ ̶ • ̶ ̶ ‐ • ̶ ̶ ̶ Source: Company information as per 30 Dec 2015. |12

  14. Slide 14: Asia energy demand by country

    • 1,628 • ‐ 1,163 50% 50% • 953 977 695 426 • 153 • 34 51 97 • Phillipines India China Indonesia Hong Thailand South Malaysia Australia Singapore Kong Korea |13

  15. Slide 15: Total debt/EBITDA Net debt/EBITDA

    1000 700 800 600 500 600 400 400 300 200 200 100 0 0 2 2 2 2 7.0 12 6.0 10 5.0 8 4.0 6 3.0 2.0 4 1.0 2 0.0 0 Total debt/EBITDA Net debt/EBITDA |14

  16. Slide 16: Highly committed management team with extensive oil and gas experience

    emp empowering people © Experienced Leadership Team with Proven Track Record Highly committed management team with extensive experience in the oil and gas sector IMAM P. AGUSTINO ° Many years of President Director collective oil & gas oe a industry * 22 years of experience in engineering, . project

  17. Slide 17: Appendix: Additional Information

    emp empowering people Appendix Additional Information

  18. Slide 18: EMP Reduces Interest Cost by US$26 million in 2014

    emp empowering people EMP Reduces Interest Cost by USS$26 million in 2014 * In December 2013, ENRG secured $203 million syndicated loan facility arranged by Bank of America Merrill Lynch with the current rate of Libor + 6% p.a. * The syndicated loan facility is used to refinance the current outstand

  19. Slide 19: Corporate structure

    99.99% 26.03% WI PT IMBANG TATA ALAM MALACCA STRAITS (Indonesia) 100% EMP MALACCA STRAIT S.A. 34.46% WI PSC (Panama) 100% RHI CORPORATION 100% KANGEAN ENERGY (Delaware) 60% WI INDONESIA LTD (Delaware) 49.99998% ENERGI MEGA PRATAMA INC. KANGEAN BLOCK (British Virgin Islands) 100% EMP EXPLORATION 40%

  20. Slide 20: Block locations

    Malacca Straits PSC (1) Kangean PSC Bentu & Korinci PSC (2) Gelam TAC (3) Gebang JOB Tonga PSC ONWJ PSC |19

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