Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — Q3 2020 Earnings Presentation
13 slides from Nostrum Oil & Gas's earnings presentation, November 2020
Slide 1: Financial Results for the period ended 30 September 2020
Financial Results for the period ended 30 September, 2020 November 2020
Slide 2: Summary
Financial Results 30 September 2020 Summary • Revenue of US$135.8m (30 September 2019: US$250.3m) • EBITDA1 US$60.3m (30 September 2019: US$162.1m) Financial • Closing cash US$88.7m2 with net debt of US$1074.3m3 • Cash position as of 31st October 2020 in excess of US$93m • Covid 19 is of utmost conc
Slide 3: Snapshot of key figures
Financial Results 30 September 2020 Snapshot of key figures Production decline less than expected • Production still declining but successful work-over 24500 Production including Internal Consumption 24000 and intervention programme in 2020 has reduced the 23500 rate of decline. 23000 22500 • Simila
Slide 4: Focus on Liquidity Management
Financial Results 30 September 2020 Capex reduction Focus on Liquidity Management Cash Balance 100.0 91.3 93.9 93.0 88.7 90.0 80.0 75.7 70.0 66.1 60.0 50.0 40.0 30.0 20.0 10.0 0.0 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Oct-20 • US$88.7m1 cash and cash equivalents as at 30 September 202
Slide 5: Debt Restructuring
Financial Results 30 September 2020 Capex reduction Debt Restructuring • Forbearance Agreement signed on 23 October 2020. • The initial forbearance expiration period date is at 4 p.m. GMT on 20 December 2020. However, this is automatically extended to 4 p.m. GMT on 18 February 2021 and then again to
Slide 6: Debt Restructuring (continued)
Financial Results 30 September 2020 Capex reduction Debt Restructuring /continued: ➢ The appointment by the AHG of an observer who shall be entitled to attend and speak, but not vote, at any meetings of the Board or Committees of the Company where certain defined matters are to be discussed; ➢ The e
Slide 7: Key focus areas going forward
Financial Results 30 September 2020 Key focus areas going forward Maximise • Utilise our gas processing infrastructure. commercial • Advance discussions with third parties interested in supplying raw gas. potential • Continue discussions with bondholders, shareholders and other stakeholders to restr
Slide 8: An infrastructure hub in North-western Kazakhstan
Financial Results 30 September 2020 An infrastructure hub in North-western Kazakhstan Russia Key Nostrum acreage (existing) Nostrum acreage (being acquired) Oil export Chinarevskoye Kazakhstan Gas condensate field pipeline Atyrau-Samara Oil field Nostrum Gas Treatment Facility Rozhkovskoye Railway G
Slide 9: Supporting materials
4 nostrum Cue Supporting materials
Slide 10: Interim Condensed Consolidated Statement of Financial Position
Financial Results 30 September 2020 Interim Condensed Consolidated Statement of Financial Position 10
Slide 11: Interim Condensed Consolidated Statement of Comprehensive Income
Financial Results 30 September 2020 Interim Condensed Consolidated Statement of Comprehensive Income 11
Slide 12: Interim Condensed Consolidated Statement of Cash Flows
Financial Results 30 September 2020 Interim Condensed Consolidated Statement of Cash Flows 12
Slide 13: This presentation is not an offer or solicitation of an offer to buy or sell securities
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