Pt Energi Mega Persada Tbk · IDX:ENRG
Pt Energi Mega Persada Tbk — Q1 2024 Earnings Presentation
21 slides from Pt Energi Mega Persada Tbk's earnings presentation, May 2024
Slide 1: Q1 2024 Production & Financial Results
Q1 2024 PRODUCTION & FINANCIADRESUMTS) May 2024 PT Energi Mega Persada Tbk
Slide 2: In Brief
IN BRIEF e is an upstream oil and gas company e average oil & gas production from Jan — Mar 2024 established in 2001 is 6,267 barrels of oil per day and 149 million cubic feet wane nen nee nen nneee cnn oneencnnaeeenn of gas per day (Equivalent to 31,111 barrels of oil e is listed on the Jakarta Sto
Slide 3: Board of Commissioners and Board of Directors
emp BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS Board of Commissioners left to right: Rizal Mallarangeng (Commissioner); Rudianto Rimbono (Commissioner); Suyitno Patmosukismo (Commissioner); ] Utaryo Suwanto (President Commissioner); | ‘ Gita R. Sjahrir (Independent Commissioner); Syamsu Alam (Ind
Slide 4: Portfolio Across Indonesia & Mozambique
PORTFOLIO ACROSS INDONESIA & MOZAMBIQUE GEBANG PSC Working interest: 100% 1P:93BCF |1C:192BCF 2P:125BCF |2C:749BCF 3P:138BCF |3C;2,311BCF KAMPAR PSC Working interest: 94.29% Working interest: 90% 1P reserves : 0.5 MMBL 1P reserves : 1.8 MMBL 2P reserves : 1.9 MMBL 2P reserves : 1.8 MMBL 3P reserves
Slide 5: Production breakdown by asset
Kampar WK B 1.2% 5.4% Kangean Siak 2.0% 7.2% Korinci Bentu 10.5% Gebang Gebang Malacca Straits 13.2% Kampar 18.3% Siak Sengkang 19.9% Malacca Bentu 1.1% 31.0% Korinci Baru Buzi WKB 0.6% Tonga 1.2% 5
Slide 6: Production and Price Trends
PRODUCTION AND PRICE TRENDS NET OIL PRODUCTION NET GAS PRODUCTION 6,135 6,267 a a 154 149 8 rs] [i Lj ~ = Q1 2023 Q1 2024 Q1 2023 Q1 2024 AVG REALIZED OIL PRICE AVG REALIZED GAS PRICE (US$/Barrel) (US$/MMBTU) $6.32 $6.36 $79.23 $81.56 | | Q1 2024 Q1 2023 Q1 2024 Q1 2023
Slide 7: Source : Company information.
) ( Source : Company information. 7
Slide 8: Oil and Gas Buyers
OIL AND GAS BUYERS BENTU PSC 4 PERTAMINA @ Je PLN e@ APRIL” © © PERTAMINA PT PLN (Persero) PT Riau Andalan Pulp & Paper PT Pertamina (Persero) KANGEAN \i/, PETROKIMIA tr PSC U4) GRESIK e 22 PLN e M® PERTAMINA Sataat Aercinccct PT PLN (Persero) PT Pertamina (Persero) MALACCA LUKOIL e * PERTAMINA e Z2
Slide 9: Capex
CAPEX Malacca Strait PSC • 3 Development well complete, other 3 wells will be complete until end of 2023 • 1 Exploration well will be completed and 1 well carried forward to 2024 • 76 well service and workovers complete, other 10 wells will be complete until end of 2023 $124 Bentu PSC • 3 Exploratio
Slide 10: Acquisition of Assets to Grow Production & Reserves
Semp | aus NN OF ASSETS TO GROW PRODUCTION & RESERVES Ee ¢ Increased stake in Malacca Strait Block from 60.49% to 100% (Current production: 5,735 bopd, 2.8 mmscfd; Current 2P reserves: 39 mmbl, 0.42 bcf) 2023 * Increased stake in Kangean Block from 50% to 75% (Current production: 27 bcpd, 66.8 mmscf
Slide 11: Financial Highlights
Financial Highlights (US$) Q1 2023 Q1 2024 Change Net Sales $103,310,614 $97,279,717 -6% EBITDA $64,789,467 $65,761,839 2% Net Profit $17,499,998 $17,669,704 1% Q1 2023 Q1 2024 Change Gross Oil Production per Day (barrel/day) 6,484* 6,882* 6% Gross Gas Production per Day (million cubic feet/day) 185
Slide 12: Awards & Achievements
AWARDS & ACHIEVEMENTS PROPER BIRU PROPER BIRU EMP BENTU LIMITED EMP KORINC! BARU LIMITED PROGRAM PENGESBARGAN s ‘WILAVAH SUMAT EMP BENTU LID EMP received 4 awards for the Best Community Development Program (PPM) 2023 for the Northern Sumatra (Sumbagut) region at the Social Responsibility Forum for P
Slide 13: www.emp.id
www.emp.id
Slide 14: Additional Data
ADDITIONAL DATA
Slide 15: Assets Gallery
emp ASSETS GALLERY Gebang PSC Se ee ==%8 re = ae 4 Le k te ef “ a NYE 7 come WM Be i, x He ae tlle i : path Malacca Strait PSC Bentu PSC
Slide 16: Assets Gallery
emp ASSETS GALLERY Buzi EPCC l,l | hei: ad Tonga PSC
Slide 17: Achievements
ACHIEVEMENTS 33,087 Oil boepd Hi Gas 2017 2022 2017 2023 Organics growth: Increased production through: Acquired 75% stake in Buzi EPCC, Drilled 48 Exploration and 11 100% stake in Malacca Strait PSC; Development Wells additional 25% stake in Kangean 1,911.5 km 2D & 1093 km? 3D PSC; 100% stake in So
Slide 18: Indexes
emp INDEXES INDEXES ENRG Desc FTSE Global Equity Index v Micro Market Cap (Sep 2023) MSCI SMALL CAP Vv The MSCI Indonesia Small Cap Index is designed to measure the performance of the small cap segments of the Indonesian market. With 57 constituents, the index covers about 14% of the Indonesian equi
Slide 19: Historical Financial & Operation Highlight
HISTORICAL FINANCIAL & OPERATION HIGHLIGHT Net Sales EBITDA Operating Income Net Profit Total Assets Total Liabibilities Equity - Net FY 2017 FY 2018 FY 2019 FY 2020) FY 2021 $316,971,61 EYYER PPE $334,341,403 ME EPre:cuRym 406,096,363 $189,646,159 RSA Pe ey $200,371,418 BR PEER my $273,955,117 $120
Slide 20: Historical Financial & Operation Highlight
HISTORICAL FINANCIAL & OPERATION HIGHLIGHT FY 2017 FY 2018) FY 2019) FY 2020 Total Block Gas Production per Day (million cubic feet/day) 174 197 Oil Production per Day 1,617 3,44 4,840 5,336 (barrel/day) Total 1P Reserves (mmboe) za 26 38 | 2 | v1 Total 2P Reserves (mmboe) Total 3P Reserves (mmboe)
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