Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — FY2022 Earnings Presentation
14 slides from Nostrum Oil & Gas's earnings presentation, Jun 2, 2023
Slide 1: 2022 Full Year Results
2022 Full Year Results Investor Presentation 2 June 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared and issued by, and is the sole responsibility of, Nostrum Oil & Gas plc (the “Company”), being the current holding company of the Nostrum Oil & Gas group (the “Group”). For the purpose of this disclaimer notice, “presentation” shall include these slides
Slide 3: 2022 Full Year Results Summary
2022 Full Year Results Summary • Successful completion of Bond restructuring • New Board of Directors Strategic • Launch of mixed-asset energy strategy • Stepnoy Leopard fields acquisition announcement • 2.3% increase in revenues to US$199.7m (FY 2021: US$195.3m) • 2.8% increase in EBITDA1 to US$115
Slide 4: Mixed-Asset Energy Strategy
Mixed-Asset Energy Strategy Energy Security and Transition to Cleaner Energy Upstream Midstream Chinarevskoye Producing Field Domestic & Export Gas Supply In-Progress New Gas Stepnoy Tie-Back project Leopard Under Appraisal State-of-the-Art Gas Process Infrastructure: 4 bcma dry gas supply In-Progre
Slide 5: 2022 Operational Review
2022 Operational Review Production and Sales volumes (boepd)1 • FY 2022 average production volumes available for sales 13,200 boepd - Crude & condensate: 5,696 boepd - LPG: 1,650 boepd - Dry gas: 5,854 boepd • Production decline continues from the mature Chinarevskoye field Reserves update (mmboe) •
Slide 6: HSE
HSE • Zero fatalities during operations to employees and contractors (2021: zero) • Zero Lost Time Injury ("LTI") (2021: two) • Four Total Recordable Incidents ("TRI") (2021: six) • 4,178 tonnes of air emissions emitted in 2022 against 6,413 tonnes permitted for 2022 under the Kazakhstan Environment
Slide 7: Simplified Group Structure post Bond Restructuring
Simplified Group Structure post Bond Restructuring (9 February 2023) New Warrants Key shareholders¹: New Shareholders/ Shareholders ICU Trading Noteholders EMOV 88.89% Amundi 11.11% Equity Entitlement New Notes Nostrum Listed on LSE with symbol: NOG Oil & Gas Plc US$250m 5.00% 2026 SSNs Listed on AI
Slide 8: 2022 Financial Review
2022 Financial Review Revenue (US$m) EBITDA1 (US$m) Cash generation (US$m) 1 EBITDA is defined as the results of operating activities before depreciation and amortisation, share-based compensation, fair value gains and losses on derivative instruments, foreign exchange losses, finance costs, finance
Slide 9: Q&A
Q&A
Slide 10: Supporting materials
Supporting materials
Slide 11: FY 2022 Financial Results: Consolidated Statement of Financial Position
FY 2022 Financial Results Consolidated Statement of Financial Position 2022 Full Year Results 11
Slide 12: FY 2022 Financial Results: Consolidated Statement of Comprehensive Income
FY 2022 Financial Results Consolidated Statement of Comprehensive Income 2022 Full Year Results 12
Slide 13: FY 2022 Financial Results: Consolidated Statement of Cash Flows
FY 2022 Financial Results Consolidated Statement of Cash Flows 2022 Full Year Results 13
Slide 14: Thank you
Thank you