Rh Petrogas Limited · SGX:T13
Rh Petrogas — Investor Presentation (March 2025)
13 slides from Rh Petrogas's investor presentation, Mar 3, 2025
Slide 1: Corporate Presentation
CORPORATE PRESENTATION 3 MARCH 2025
Slide 2: Disclaimer
RH Petrogas Limited Disclaimer The information set out in this presentation has been produced by RH Petrogas Limited as of the date of this presentation. This presentation and the information contained herein does not constitute an offer to sell or an invitation to purchase any securities in, or any
Slide 3: Table of Contents
1. Corporate Overview 2. Assets and Operations Review TABLE OF 3. Financial Review CONTENTS 4. Exploration Progress 5. Oil Market Outlook 6. Corporate Social Responsibility 3
Slide 4: Corporate Overview
Agenda Corporate Overview Agriculture • Listed on SGX mainboard • Tickers: T13 (SGX), RHP SP (Bloomberg) • Oil and gas upstream pure play with activities covering the exploration, development and production of oil and gas resources S$0.165 per share • Currently the operator of two production sharing
Slide 5: Assets and Operations Overview
Assets and Operations Overview Kepala Burung PSC Salawati PSC Southwest Papua, Southwest Papua, Location Indonesia Indonesia Area 1,030 km2 1,137 km2 Participating 70%(1) 70%(1) Interest SALAWATI ISLAND SOUTHWEST Licence Expiry Date 14 October 2040 22 April 2040 PAPUA Operator RH Petrogas RH Petroga
Slide 6: Assets and Operations Overview: Summary of Reserves
Assets and Operations Overview Summary of Reserves 2P Reserves (MMBOE) (2) 2P Oil 2P Gas 2P+2C Composition, as at 1 Jan 2025 4% 2P Oil 3.2 24% 3.2 3.6 3.7 2P Gas 3.7 27% 2C Oil 33.2 31.4 28.6 45% 26.4 2C Gas 24.1 1 JAN 2021 1 JAN 2022 1 JAN 2023 1 JAN 2024 1 JAN 2025 Total = 87.7 MMBOE (51% Oil, 49%
Slide 7: Assets and Operations Overview: Summary of Production
Assets and Operations Overview Summary of Production • Maintained relatively stable production over the years through production optimisation Production (BOEPD) Cost of Production (US$/bbl) strategies, including well workover and services, infill drilling, enhanced oil recovery 4,990 (3) (“EOR”) etc
Slide 8: Financial Summary and Highlights
Financial Review Financial Summary and Highlights Financial Summary 120 120 Financial Highlights FY2022 FY2023 FY2024 (US$’MM) 104.9 110 100 100 95.0 94.1 92.5 Net profit 24.9 3.2(4) 18.3 90 82.5 Operating cash flow 31.0 16.8 33.8 Realised Oil Price (US$/bbl) 80 80 Revenue (US$’MM) 80.0 79.0 70 Cash
Slide 9: Exploration Progress
Exploration Progress • Under the firm work commitment, 3 exploration wells have been drilled to date, with 1 discovery put on production (Piarawi-1) SALAWATI ISLAND • Two exploration wells in Arar area targeted to Piarawi spud back-to-back in 3Q 2025, subject to SOUTHWEST receiving the requisite env
Slide 10: Oil Market Outlook
Oil Market Outlook • Oil market volatility decreased towards the end of 2024, with oil prices subdued on weak sentiment due to buildup in oil inventories driven by global economic challenges, and reduced geopolitical tensions • Global oil demand expected to grow in 2025 by around 1.4 MMBOPD • Global
Slide 11: Corporate Social Responsibility
Corporate Social Responsibility Strong HSE emphasis Strong commitment to high standards of health, safety and environment (“HSE”) with several governmental awards and international accreditations received. Petrogas (Basin) Ltd achieved 25.22 MM man-hours of work without lost time incident as at 31 D
Slide 12: CSR Programmes
Corporate Social Responsibility CSR Programmes EDUCATION Provided learning tools and materials to improve the quality of educational ECONOMY facilities in the Seget District Provided training and assistance for government programmes to assist local farmer group in Batbirow Village, Central Salawati
Slide 13: Contact Us
Contact Us INVESTOR RELATIONS RH PETROGAS LIMITED 1 HarbourFront Place, HarbourFront Tower One, #07-02 Singapore 098633 A ir@rhpetrogas.com +65 6216 3988 13