Pt Energi Mega Persada Tbk · IDX:ENRG
Pt Energi Mega Persada Tbk — Q1 2025 Earnings Presentation
25 slides from Pt Energi Mega Persada Tbk's earnings presentation, August 2025
Slide 1: First Quarter Production & Financial Results
First Quarter PRODUCTION & FINANCIAL RESULTS Aug 2025 PT ENERGI MEGA PERSADA TBK
Slide 2: Overview, Operational, Financial, Achievements, Strategy Highlights
OVERVIEW OPERATIONAL HIGHLIGHTS FINANCIAL HIGHLIGHTS ACHIEVEMENTS STRATEGY & SUSTAINABILITY HIGHLIGHTS Pagerungan Gas Plant Kangean PSC
Slide 3: Overview
OVERVIEW FSRU EDN 1
Slide 4: In Brief
IN BRIEF • ENERGI MEGA PERSADA (emp) is an upstream oil and gas company established in 2001, headquartered in Jakarta - Indonesia and has been publicly listed on the Jakarta Stock Exchange since 2004 • emp currently operates 13 oil and gas working areas spreading across Sumatera, East Java, South Su
Slide 5: Board of Commissioners & Board of Directors
BOARD OF COMMISSIONERS & BOARD OF DIRECTORS The Board of emp is composed of experienced leaders in the oil and gas sector who bring strong operational and financial expertise, regulatory knowledge, and a focus on strategic planning and sustainability, ensuring emp’s growth and compliance with indust
Slide 6: Operational Highlights
OPERATIONAL HIGHLIGHTS Segat Gas Plant 2 Bentu PSC
Slide 7: Upstream Oil & Gas Assets Portfolio Across Indonesia & Mozambique
UPSTREAM OIL & GAS ASSETS PORTFOLIO ACROSS INDONESIA & MOZAMBIQUE 1 2 3 4 INDONESIA 6 7 5 8 10 9 PRODUCING ASSETS 12 1 ‘B’ PSC Operator: PT Pema Global Energi (90%) Partner: 11 PT EMP Energi Aceh (48%) PEMA (51%); PT Pembangunan Lhokseumawe Persero (1%) 2 BIREUN SIGLI PSC Working interest: 64% 5 MAL
Slide 8: Energy Infrastructure Portfolio Across Indonesia & Japan
ENERGY INFRASTRUCTURE PORTFOLIO ACROSS INDONESIA & JAPAN INDONESIA 1 2 1 FSO GANDINI 2 FSRU EDN 3 Wind Power Plant Hokkaido JAPAN Ownership : EMP ET 85% 3 Ownership: BSSL 100% Ownership: SRGS 100% Partner: Intan Co 15% 8
Slide 9: Large Diversified Portfolio of Oil & Gas Reserves
LARGE DIVERSIFIED PORTFOLIO OF OIL & GAS RESERVES THE SIZE AND DIVERSITY OF EMP’S RESERVE BASE WILL ENABLE THE COMPANY TO PURSUE GROWTH 431 LARGE RESERVE BASE AND LONG RESERVE LIFE 2C Long 2P Reserves and 2C Resource life of 26 years based on Production current production (MMBOE) life 26 years DIV
Slide 10: Production and Price Trends
PRODUCTION AND PRICE TRENDS AVERAGE DAILY GROSS OIL PRODUCTION AVERAGE DAILY GROSS GAS PRODUCTION (Barrel of Oil per Day) (Million Cubic Feet per Day) 8,479 6,882 226 192 1Q 2024 1Q 2025 1Q 2024 1Q 2025 AVERAGE OIL PRICE AVERAGE GAS PRICE (US/Barrel) (US/MMBTU) 81.56 76.00 6.88 6.36 1Q 2024 1Q 2025
Slide 11: Production Breakdown & Contribution
PRODUCTION BREAKDOWN & CONTRIBUTION AVERAGE DAILY GROSS OIL & GAS PRODUCTION (Barrels of Oil Equivalent per Day) 38,950 46,172 18% 18% Oil Gas 82% 82% 1Q 2024 1Q 2025 AVERAGE DAILY GROSS PRODUCTION 1Q 2025 (Barrels of Oil Equivalent per Day) 8,453 46,172 10,338 6,556 1,715 831 12,989 45 86 5,159 Mal
Slide 12: Oil & Gas Buyer
OIL & GAS BUYER emp is committed under several sales agreements with reliable and robust quality counterparties... BENTU PSC KANGEAN PSC SOE vs Private off-takers MALACCA STRAIT PSC KORINCI BARU PSC SENGKANG PSC ‘B’ PSC 12
Slide 13: Acquisition of Assets to Grow Production & Reserves
ACQUISITION OF ASSETS TO GROW PRODUCTION & RESERVES 4 6 INDONESIA 8 1 10 3 7 9 2020 •1 Increased stake in Malacca Strait Block 5 from 60.49% to 11 100% 2 2021 2024 •2 Increased stake in • 8 Acquired 90% stake in Siak Block & Kangean Block from 50% to 75% 2022 2023 Kampar Block •5 Acquired 49% •6 Acq
Slide 14: Financial Highlights
FINANCIAL — HIGHLIGHTS oT ar ii i .. aT 1
Slide 15: Latest Financial Highlight
LATEST FINANCIAL HIGHLIGHT 1Q 2024 1Q 2025 change Net Sales (usd) 97,279,717 117,045,214 20% EBITDA (usd) 65,761,839 72,768,272 11% Net Profit (usd) 17,669,704 17,958,002 2% 1Q 2024 1Q 2025 change Average Gross Oil Production per Day (barrel/day) 6,882 8,479 23% Average Gross Gas Production per Day
Slide 16: Financial Ratios
FINANCIAL RATIOS DEBT-TO-EQUITY RATIO RETURN ON ASSETS (ROA) INTEREST COVERAGE RATIO 0.43 0.42 5.59% 37.84 5.00% 4.76% 29.17 0.22 10.21 12.03 1.13% 0.01 2022 2023 2024 Q1 2025 2022 2023 2024 Q1 2025 2022 2023 2024 Q1 2025 MARGINS 65.4% 63.1% 59.7% 62.2% 40.6% 37.1% 34.7% 31.7% 32.4% 29.0% 26.6% 28.1
Slide 17: Historical Capex Spending
HISTORICAL CAPEX SPENDING ACTUAL TOTAL CAPEX (mio usd) 177.8 16.2 141.3 14.4 119.2 73.7 13.2 55.9 64 87.8 71 21.4 42 2.6 5.6 13.2 2022 2023 2024 1Q25 Exploration Development Facilities & Other 17
Slide 18: Achievements in Health, Safety, Environment, and Other Sectors
ACHIEVEMENTS IN HEALTH, SAFETY, ENVIRONMENT, AND OTHER SECTORS Baru Gas Plant Korinci Baru PSC
Slide 19: Awards & Achievements
AWARDS & ACHIEVEMENTS Public Disclosure EMP Bentu-Korinci Baru Limited and Kangean Energy Indonesia Ltd Program for received the 2024 Zero Accident Award from the Ministry of Environmental Compliance 2022 2023 2024 Manpower of the Republic of Indonesia. BENTU KORINCI BARU KANGEAN KAMPAR SENGKANG MAL
Slide 20: Awards & Achievements (ISO 14001)
AWARDS & ACHIEVEMENTS ISO 14001 ENVIRONMENTAL MANAGEMENT SYSTEM KANGEAN ENERGY EMP BENTU LIMITED & EMP ENERGY EQUITY EPIC PT IMBANG TATA ALAM INDONESIA LTD KORINCI BARU LIMITED (SENGKANG) PTY LTD (MALACCA STRAIT BLOCK) 20
Slide 21: Strategy & Sustainability Highlights
STRATEGY & SUSTAINABILITY HIGHLIGHTS Melibur Plant Malacca Strait PSC 21
Slide 22: Engagement with Outside Consultant to Unlock EMP's Value
ENGAGEMENT WITH OUTSIDE CONSULTANT TO UNLOCK EMP’S VALUE In 2023, emp collaborated with Boston Consulting Group to reassess our emp's strategy for sustainable growth and to long term performance. In line with recommendations from BCG, emp plans to focus on the following: Portfolio Optimization with
Slide 23: EMP Sustainable Economic Principles
EMP SUSTAINABLE ECONOMIC PRINCIPLES INVESTMENT STRATEGY & SUSTAINABLE MANAGING SOCIAL & GOOD GOVERNANCE BUSINESS ENVIRONMENTAL RISKS Investing with purpose & integrity that Identity, assess, and manage social Identity, assess, and manage social Upholding transparency, deliver long-term value while a
Slide 24: ESG Roadmap
ESG ROADMAP •To hire a consultant for stakeholder mapping for newly acquired • Carbon assets. Intensity = •To obtain ISO- 14001 for 18kg co2 /BOE producing Commitment to • Engaged assets achieving 30% FIHRRST for •Registered as a female EMP’s Human member of representation Rights Due UNGC effective
Slide 25: Thank You
emp PT ENERGI MEGA PERSADA TBK Bakrie Tower, 32nd Floor Rasuna Epicentrum Jl. HR Rasuna Said THANK YOU Jakarta Selatan Telp : (+62-21) 2994 1500 Fax : (+62-21) 2994 1247 www.emp.id 25
PT Energi Mega Persada — Q1 2025 Earnings Presentation on 6ix