Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — 9M 2022 Earnings Presentation
13 slides from Nostrum Oil & Gas's earnings presentation, November 2022
Slide 1: Financial Results for the quarter ended 30 September 2022
Financial Results for the quarter ended 30 September 2022 November 2022
Slide 2: Disclaimer
This presentation is not an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. This presentation does not contain all of the information that is material to an investor. By attending the presentation or b
Slide 3: 9M 2022 Financial Results Summary
9M 2022 Financial Results Summary • Restructuring completion pending receipt of required licenses • Longstop Date updated to 16 February 2023 as a contingency plan Strategic • US$1.125bn existing debt will be replaced with new US$550m notes and 88.89% of the expanded equity in Group • Continued stak
Slide 4: Operational review
9M 2022 Financial Results Operational review Production volumes (boepd)1 • 9M 2022 average production volumes available for sales 13,684 boepd 19,341 9M 2022 ➢ Crude/condensate: 5,826 boepd (43%) 16,717 16,715 13,684 15,550 14,683 13,658 ➢ LPG: 1,702 boepd (12%) 12,734 ➢ Dry gas: 6,156 boepd (45%) •
Slide 5: Gearing up for the future
9M 2022 Financial Results Gearing up for the future DELIVERING OPTIMISING MAXIMISING Commercialise spare capacity in Finalise the restructuring Production from Chinarevskoye world-class processing facilities Comprehensive ESG roadmap for a Sales routes for optimal netbacks Adding to reserves sustain
Slide 6: Financial review
9M 2022 Financial Results Financial review Revenue (US$m) EBITDA1 (US$m) EBITDA EBITDA margin 100% 70 90% 60 60 67% 80% 53 62% 50 50 58% 60% 70% 48 48 56% 54% 55% 46 46 60% 40 50% 30 40% 20 40 30% 27 26 31 28 29 26 20% 10 10% 0 0% Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q1 2021 Q2 20
Slide 7: Update on bond restructuring
9M 2022 Financial Results Update on bond restructuring • The Scheme was approved by the creditors at the meeting on 22 August • The Scheme was sanction by the Court on 26 August • Awaiting receipt of required licenses – after which c.4 weeks required for all closing documents requisite to restructur
Slide 8: Q&A
DS nostrum Cue Q&A
Slide 9: Supporting materials
DS nostrum Cue Supporting materials
Slide 10: Infrastructure hub in North-western Kazakhstan
9M 2022 Financial Results Infrastructure hub in North-western Kazakhstan Fully commissioned 4.2bcm gas Regional opportunities to utilise Attractive access routes to multiple plant spare capacity export and domestic markets • Unique to North-West Kazakhstan • Ural Oil & Gas volumes expected from Q3 2
Slide 11: Interim Condensed Consolidated Statement of Financial Position
9M 2022 Financial Results Interim Condensed Consolidated Statement of Financial Position 11
Slide 12: Interim Condensed Consolidated Statement of Comprehensive Income
9M 2022 Financial Results Interim Condensed Consolidated Statement of Comprehensive Income 12
Slide 13: Interim Condensed Consolidated Statement of Cash Flows
9M 2022 Financial Results Interim Condensed Consolidated Statement of Cash Flows 13