Pt Energi Mega Persada Tbk · IDX:ENRG

Pt Energi Mega Persada Tbk — Q1 2015 Earnings Presentation

20 slides from Pt Energi Mega Persada Tbk's earnings presentation, June 2015

  1. Slide 1: 1Q Production & Financial Results

    emp empowering people 1Q Production & Financial Results June 2015

  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: Confidentiality and disclaimer notice

    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 30 6 20 4 10 2 0 0 Total debt/EBITDA Net debt/EBITDA |4

  6. Slide 6: Working interest and reserves by asset

    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 block

    • • – • – • Others Others 400 5% 3% 314.9 Buzi Bentu 22% 19% 300 158.3 200 Buzi Bentu 42% 32% Malacca Straits 100 3% ONWJ 0 4% Malacca Kangean Straits ONWJ 32% 5% Kangean 4% 29% |8

  10. Slide 10: PROPER 2014 environmental ratings by business unit

    … • • – Business Unit PROPER 20142 – • – – – • • – 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: • • • • • 10 • 0 |10

    250 15 200 12 150 9 100 6 50 3 0 0 • 60 • 50 • 40 30 • 20 • 10 • 0 |10

  12. Slide 12: Gas sales contracts by buyer

    1000 60 800 40 600 400 20 200 0 0 1Q PLN 3 PK PK additional Pertamina PLN 3 PKG 3 PT Pertagas 3 PT Indogas 3 2011 2012 2013 2014 2015 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 31 Mar 2015.

    … … • • • • • • • ̶ … ̶ ̶ ̶ • ̶ ̶ ‐ • ̶ ̶ ̶ Source: Company information as per 31 Mar 2015. |12

  14. Slide 14: Phillipines India China

    • 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 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: Experienced Leadership Team with Proven Track Record

    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

    emp empowering people Corporate Structure 99% 26.03% WI 99.99% PT ee ALAM MALACCA STRAITS 100% EMP MALACCASTRAITS.A. 34.46% WI PSC RHI CORPORATION (Panama) 100% (Delaware) UW 100% KANGEAN ENERGY 5 49.99998% ENERGI MEGA PRATAMA INC. INDONESIA LTD 60% WI (British Virgin Islands) im (Delaware) 4 EMP EX

  20. Slide 20: Malacca Straits PSC, Kangean PSC and other blocks

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

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