Pt Energi Mega Persada Tbk · IDX:ENRG

Pt Energi Mega Persada Tbk — Q1 2016 Earnings Presentation

20 slides from Pt Energi Mega Persada Tbk's earnings presentation, August 2016

  1. Slide 1: 1Q 2016 Production & Financial Results

    emp empowering people 1Q 2016 Production & Financial Results Aug 2016

  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: Disclaimer

    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: Section 1: Overview of EMP

    emp empowering people Section 1 Overview of EMP

  5. Slide 5: Total debt/EBITDA and Net debt/EBITDA

    • 500 • 400 300 200 • 100 0 60 12 50 10 40 8 30 6 20 4 10 2 0 0 Total debt/EBITDA Net debt/EBITDA |4

  6. Slide 6: ONWJ asset working interest and reserves

    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: Section 2: 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 by asset

    • • – • – • Others Others 500 6% 6% 400 Buzi 300 Bentu 22% Bentu 20% Malacca Straits 16% Buzi 200 2% 37% 100 Kangean ONWJ Malacca Straits ONWJ 27% 15% 0 4% 21% Kangean 24% |8

  10. Slide 10: PROPER environmental rating

    … • • – PROPER BUSINESS UNIT 20152 • – – – • • – 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: • • • • 15 10 • 5 • 0 |10

    250 15 200 12 150 9 100 6 50 3 0 0 • 45 • 40 • 35 30 25 20 • 15 10 • 5 • 0 |10

  12. Slide 12: Gas sales contracts by buyer

    1000 60 800 40 600 400 20 200 0 0 2011 2012 2013 2014 2015 1Q2016 PLN 3 PK PK additional Pertamina PLN 3 PKG 3 PT Pertagas 3 PT Indogas 3 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 2016

    … … • • • • • • • ̶ … ̶ ̶ • ̶ ̶ ‐ • ̶ ̶ ̶ Source: Company information as per 31 Mar 2016. |12

  14. Slide 14: Regional energy demand

    • 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 and Net debt/EBITDA

    700 1000 600 800 500 600 400 300 400 200 200 100 0 0 2 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 Outstanding Loan and Interest Cost

    emp EMP Reduces Outstanding Loan and empowering people Interest Cost in the Past 27 months * Inthe past 27 months (from Dec 2013 to Mar 2016), EMP has successfully reduced its outstanding loan from $706 mio to $383 mio. * During the same period, EMP has reduced its Weighted Average Cost of Capital f

  19. Slide 19: Corporate structure

    99.99% 26.03% WI PT IMBANG TATA ALAM MALACCA STRAITS (Indonesia) 100% EMP MALACCA STRAIT S.A. 34.46% WI PSC (Panama) 100% RHI CORPORATION 100% KANGEAN ENERGY (Delaware) 60% WI INDONESIA LTD (Delaware) 49.99998% ENERGI MEGA PRATAMA INC. KANGEAN BLOCK (British Virgin Islands) 100% EMP EXPLORATION 40%

  20. Slide 20: Malacca Straits, Kangean, Bentu & Korinci PSCs

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

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