Slide 1: Presentation to RBC cover letter
2 August 2022 For personal use only Company Announcements Office ASX Limited Dear Sir / Madam Presentation to RBC Attached is a presentation to be given this morning by CEO and Managing Director, Julian Fowles, and members of Karoon’s senior management team. Following the presentation, a recording o
Slide 2: Karoon Energy Presentation to RBC
For personal use only Karoon Energy Presentation to RBC 2 August 2022
Slide 3: Disclaimer / Definitions
Disclaimer / Definitions For personal use only Disclaimer This presentation has been prepared by Karoon Energy Ltd. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products.
Slide 4: The Karoon Team
The Karoon Team For personal use only Julian Fowles Antonio Guimarães Silvia Latorre Martin Austgulen John Steel Ann Diamant Managing Director Executive Vice President and Operations Manager New Business and Team Lead Asset Development, SVP Communications and CEO President Brazil Reservoir Manager N
Slide 5: 4Q22 Results Highlights
4Q22 Results Highlights* 4Q22 FY22 ▪ 4Q22 production of 1.08 MMbbl, vs 1.05 MMbbl in 3Q22 For personal use only Production (MMbbl) 1.08 4.64 ▪ 4.64 MMbbl production volume for FY22 (slightly above top end Sales (MMbbl) 0.98 4.54 of 4.4 – 4.6 MMbbl guidance range) Weighted Average Net Realised Oil Pr
Slide 6: Baúna operating performance
Baúna operating performance High facilities availability and active well management For personal use only Delivering high operational uptime through focus on process safety, facility integrity and preventive maintenance ▪ High level of operational uptime of 99% achieved in 1HFY22 was maintained thro
Slide 7: Baúna interventions and Patola development
Baúna interventions and Patola development Targeting increase in production to >30,000 bopd Baúna well intervention project ▪ Targeting 5,000 – 10,000 bopd incremental production For personal use only from four interventions – (2 x downhole pump ▪ First well entered (for installation of ESP in PRA-2
Slide 8: Progressing Neon development concept
Progressing Neon development concept Control well drilling aims to de-risk potential organic growth opportunity For personal use only • Neon and Goiá light oil discoveries located 50 - 60km NE of Baúna in ~300m water depth • Revised preliminary development planning confirmed sufficient commercial po
Slide 9: For personal use only
For personal use only