Sound Energy Plc · LSE:SOU
Sound Energy — Investor Presentation (July 2016)
13 slides from Sound Energy's investor presentation, Jul 27, 2016
Slide 1: Investor Presentation Q3 2016
Investor Presentation Q3 2016 July 2016
Slide 2: Building a Mid-cap Mediterranean Gas Company
Building a Mid-cap Mediterranean Gas Company... A IT Regional gas strategy underpinned by Multiple near-term Strategic Plays LY →→ Strong European gas fundamentals →→ Tendrara, Sidi Moktar and Badile →→ Pan European / African Strategic Partnership Balanced and evolving portfolio with Schlumberger →→
Slide 3: Balanced Portfolio
Balanced Portfolio Badile Nervesa Zibido Rapagnano PORTFOLIO TOTAL: Sidi Moktar Tendrara & Meridja SMG >EUR 2.2 BILLION Exploration Exploration Dora / Dalla A IT Tendrara Zibido LY Appraisal Badile RISK Sidi Moktar Laura Appraisal SMG Nervesa Laura = Strategic play Dora/Dalla Rapagnano REWARD Tendra
Slide 4: The Team
The Team James Parsons Luca Madeddu Leonardo Spicci Chief Executive Officer Managing Director, Morocco Managing Director, Italy Over 20 years in oil & gas strategy, Over 25 years managerial experience Over 25 years experience in O&G general management, M&A and across Europe, Asia and South managemen
Slide 5: Eastern Morocco Strategic Play
Eastern Morocco ZOOM Strategic Play MOROCCO Tendrara + Meridja M E R I DJ A RECONNAISSANCE AL T: Net effective interest 27.5% (Paying ZONE GE 20%); M: 55% interest; both operated R A I →→ Continuity of the Algerian Triassic Province and Saharan Hercynian platform Tendrara I →→ Play type: gas discove
Slide 6: Southern Morocco Strategic Play
TL A Southern Morocco ZOOM Strategic Play Jorf Lasfar Power Plant Sidi Moktar State owned Phosphate Net Effective 25% interest, carried for first Safi Chemicals Plant Plant (OCP) USD 18 m; operated Tahaddart Power 2 x 400 MW →→ Play type: gas discovery (Kechoula) in the Lower Liassic sequence, (73 B
Slide 7: Northern Italy Strategic Play
Northern Italy Strategic Play ZOOM Badile Nervesa Zibido 3D Milano Seismic Rapagnano Badile Coverage SMG Dora / Dalla Net effective ownership 80%; operated A IT →→ Po Valley (Northern Italy); 45 km SW of SNAM LY analogous ‘Malossa’ gas field Gas →→ Permit located close to Milan, with a tie-in availa
Slide 8: Broader Portfolio
Broader Portfolio Badile Nervesa Cost Covering Production Zibido (3 licences) Rapagnano SMG Multiple producing onshore assets Dora / Dalla A IT (0.5 MMscf/d) LY Laura Appraisal (6 licenses, excluding Strategic Plays) Laura Tendrara I Meridja Tendrara II → Gulf of Taranto (4 km offshore, 200 m water
Slide 9: Summary, Funding and News Flow
Summary, Funding and News Flow Regional gas strategy underpinned by Sources Sources && Uses Uses ofof Funds Funds →→ Strong European gas fundamentals 35.0 35.0 4.5 4.5 4.5 4.5 →→ Pan European / African Strategic Partnership with Schlumberger →→ Supportive Cornerstone Investor 30.0 30.0 2.5 2.5 Stron
Slide 10: For more information please contact
For more information please contact: James Parsons Mary Hood Chief Executive Officer Chief Financial Officer j.parsons@soundenergyplc.com m.hood@soundenergyplc.com Detailed information on our investor website: www.soundenergyplc.com Disclaimer: The investment mentioned in this document may not be su
Slide 11: Strong Regional Infrastructure
Strong Regional Infrastructure Italian high pressure gas pipeline network Moroccan gas pipeline network Badile Nervesa Zibido Tahaddart Power AN NE Rapagnano 2 x 400 MW E RRA MEDIT Oued SMG Dhar Doum El Makhazine 4 x 400 MW 2 x 400 MW Dora / Dalla Oujda Al Wahda C 4 x 400 MW N TI Rabat T LA A Meridj
Slide 12: Disclaimer
Disclaimer: This presentation and any additional documents handed out at any meeting (together the “Presentation Materials”) have not been approved by (i) the London Stock Exchange plc or by any authority which could be a competent authority for the purposes of the Prospectus Directive (Directive 20
Slide 13: Disclaimer continued
Disclaimer continued: Any recipient of these Presentation Materials who is in any doubt about the investment to which this presentation relates should consult an authorized person specializing in advising on investments of this kind. These Presentation Materials do not constitute a recommendation re