Pt Energi Mega Persada Tbk · IDX:ENRG
Pt Energi Mega Persada Tbk — 9M 2024 Earnings Presentation
23 slides from Pt Energi Mega Persada Tbk's earnings presentation, November 2024
Slide 1: Nine Months Production & Financial Results
NINE MONTHS PRODUCTION & FINANCIAL RESULTS Nov 2024 PT ENERGI MEGA PERSADA TBK
Slide 2: Overview, Operational, Financial, Achievements, Strategy & Sustainability Highlights
OVERVIEW OPERATIONAL HIGHLIGHTS FINANCIAL HIGHLIGHTS ACHIEVEMENTS STRATEGY & SUSTAINABILITY HIGHLIGHTS Pagerungan Gas Plant Kangean PSC
Slide 3: Overview
OVERVIEW (
Slide 4: In Brief
IN BRIEF • is an upstream oil and • average gross oil & gas gas company established in production from Jan – Sep 2001 2024 is 7,918 barrels of oil per day and 229 million cubic feet of gas per day • is listed on the Jakarta (Equivalent to 46,118 barrels of oil equivalent per day) Stock Exchange sinc
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 ’s growth and compliance with industry
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 12 1 ‘B’ PSC Operator: PT Pema Global Energi Partner: 11 PT EMP Energi Aceh (48%) PEMA (51%); PT Pembangunan Lhokseumawe Persero (1%) 2 BIREUN SIGLI PSC Working interest: 64% 5 MALACCA STRAIT PSC 8 BENTU
Slide 8: Producing & Exploration Asset
PRODUCING & EXPLORATION ASSET PRODUCING ASSET EXPLORATION ASSET PRODUCTION 1 Malacca Straits PSC ✓ 5,795 BOEPD 2 Bentu PSC ✓ 12,720 BOEPD 3 Korinci Baru PSC ✓ 72 BOEPD 4 WKB PSC ✓ 8,641 BOEPD 5 Kangean PSC ✓ 11,537 BOEPD 6 Sengkang PSC ✓ 5,850 BOEPD 7 Siak PSC * ✓ 908 BOEPD 8 Kampar PSC * ✓ 595 BOEP
Slide 9: Energy Infrastructure Portfolio Across Indonesia & Japan
ENERGY INFRASTRUCTURE PORTFOLIO ACROSS INDONESIA & JAPAN INDONESIA 1 3 2 1 FSO GANDINI 2 SAPI GAS PLANT 3 FSRU EDN 4 Wind Power Plant Hokkaido JAPAN Ownership : EMP ET 85% 4 Ownership: BSSL 100% Ownership: EMP DN 100% Ownership: SRGS 100% Partner: Intan Co 15% 9
Slide 10: Large Diversified Portfolio of Oil & Gas Reserves
LARGE DIVERSIFIED PORTFOLIO OF OIL & GAS RESERVES Production life 26 yrs THE SIZE AND DIVERSITY OF EMP’S RESERVE BASE WILL ENABLE THE COMPANY TO PURSUE GROWTH 434 LARGE RESERVE BASE AND LONG RESERVE LIFE Long 2P Reserves and 2C Resource life of 26 years based on 216 (MMBOE) current production DIVE
Slide 11: Production and Price Trends
PRODUCTION AND PRICE TRENDS GROSS OIL PRODUCTION GROSS GAS PRODUCTION (BOEPD) (MMSCFD) 7,918 6,512 243 229 9M 2023 9M 2024 9M 2023 9M 2024 AVERAGE OIL PRICE AVERAGE GAS PRICE (US/Barrel) (US/MMBTU) 82.97 6.32 80.48 6.19 9M 2023 9M 2024 9M 2023 9M 2024 11
Slide 12: Production Breakdown & Contribution
PRODUCTION BREAKDOWN & CONTRIBUTION GROSS OIL & GAS PRODUCTION (BOEPD) 46,936 46,118 13% 17% 6,512 7,918 Oil 40,424 38,200 Gas 87% 83% 9M 2023 9M 2024 GROSS PRODUCTION 9M 2024 8,641 46,118 (BOEPD) 11,537 5,850 908 595 12,720 72 5,795 Malacca Bentu Korinci Siak Kampar Sengkang Kangean WK B Total Stra
Slide 13: Oil & Gas Buyer
OIL & GAS BUYER BENTU PSC PT Riau Andalan Pulp & Paper KANGEAN PSC MALACCA STRAIT PSC KORINCI BARU PSC SENGKANG PSC ‘B’ PSC 13 is committed under several sales agreements with reliable and robust quality counterparties...
Slide 14: Acquisition of Assets to Grow Production & Reserves
ACQUISITION OF ASSETS TO GROW PRODUCTION & RESERVES 5 7 1 9 6 8 3 2020 4 •1 Increased stake INDONESIA 10 in Malacca Strait Block from 2 60.49% to 100% 2024 •7 Acquired 90% stake in Siak Block 2021 2022 2023 & 90% stake Kampar Block •2 Increased stake •4 Acquired •5 Acquired 64% stake in • 8 Acquired
Slide 15: Financial Highlights
FINANCIAL — HIGHLIGHTS oT ar ii i .. aT 1
Slide 16: Latest Financial Highlight
LATEST FINANCIAL HIGHLIGHT 9M 2023 9M 2024 change Net Sales (usd) 296,396,004 319,660,627 8% EBITDA (usd) 174,703,664 180,530,764 3% Net Profit (usd) 45,695,238 51,273,058 12% 9M 2023 9M 2024 change Gross Oil Production per Day (barrel/day) 6,512 7,918 22% Gross Gas Production per Day (million cubic
Slide 17: Achievements
ACHIEVEMENTS Baru Gas Plant Korinci Baru PSC
Slide 18: Awards & Achievements
AWARDS & ACHIEVEMENTS EMP received 4 awards for the Best Community Development Program (PPM) 2023 for the Northern Sumatra (Sumbagut) region at the Social Responsibility Forum for PT Imbang Tata Alam and EMP Bentu Limited Public Disclosure Program for Environmental Compliance 2021 2022 2023 BENTU KO
Slide 19: Strategy & Sustainability Highlights
STRATEGY & SUSTAINABILITY HIGHLIGHTS Melibur Plant Malacca Strait PSC 19
Slide 20: 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 21: 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 22: 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 23: Thank You
PT ENERGI MEGA PERSADA TBK Bakrie Tower, 32nd Floor Rasuna Epicentrum Jl. HR Rasuna Said Jakarta Selatan THANK YOU Telp : (+62-21) 2994 1500 Fax : (+62-21) 2994 1247 www.emp.id 23
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