Alphageo (India) Ltd. · NSE:ALPHAGEO
Alphageo (India) — Investor Presentation (July 2017)
35 slides from Alphageo (India)'s investor presentation, Jul 4, 2017
Slide 1: Alphageo India Ltd: Spearheading India's Search for Oil
Alphageo India Ltd: Spearheading India’s Search for Oil
Slide 2: Alphageo India - Introduction
Alphageo India - Introduction First Indian private company to commence seismic operations in India Providing integrated geophysical services covering onland seismic data acquisition, processing and interpretation, for over two and half decades Identifying subsurface conditions conducive to the
Slide 3: Sedimentary Basins in India
Sedimentary Basins in India Source : DGH
Slide 4: Regional allocation of the sedimentary basins
Regional allocation of the sedimentary basins Type of basins Sq.km Prospectivity Basins Category 1 518500 Commercial Production Cambay, Assam Shelf, Mumbai Offshore, KG, Cauvery, Assam Arakan, Rajasthan Category 2 164000 Known accumulation but Kutch, Mahanadi-NEC & no hydrocarbon Andaman-Nicobar Cat
Slide 5: What is Seismic Survey?
What is Seismic Survey? Reflection seismology (or seismic reflection) is a method of exploration geophysics that uses the principles of seismology to estimate the properties of the earth's subsurface from reflected seismic waves The method requires a controlled seismic source of energy, such as
Slide 6: Seismic Survey in India
Seismic Survey in India Oil PSUs have carried out 1161093.5 Line Kilometre (LKM) of 2D seismic survey, 286928 Sq. Km of 3D seismic survey and drilled 6501 Exploratory wells since inception as on 31.03.2016 Indian Private Companies have carried out 114105.7 Line Kilometre (LKM) of 2D seismic surv
Slide 7: Industry Overview
Industry Overview All geared to capitalize on India’s vision to reduce Energy import
Slide 8: Vision: Reducing import dependency
Vision: Reducing import dependency… Prime Minister Narendra Modi had mentioned that around 77% of energy requirement in India is imported and he targets to reduce it by at least 10% by 2022 As per DGH, India's 26 sedimentary basins have not been exploited to optimum levels. This led to various i
Slide 9: Prominent role of Seismic Survey
…Prominent role of Seismic Survey There are three ways to operationally reduce import dependency of India for oil and natural gas: Enhance production from the producing fields Reduce depletion rate in the producing fields which are ageing Discover new basins by appraising the unexplored area
Slide 10: National Seismic Program (NSP)
National Seismic Program (NSP) The National Seismic Program (NSP) aims to undertake a fresh appraisal in all sedimentary basins across India, especially where no/scanty data is available, to have a better understanding of the hydrocarbon potential of India Under this Program ONGC and Oil India h
Slide 11: Open Acreage Licensing Policy (OALP) and National Data Repository (NDR)
Open Acreage Licensing Policy(OALP) and National Data Repository(NDR) Government has launched India's maiden National Data Repository (NDR) that will assimilate, preserve and upkeep country's vast sedimentary data for future use in oil and gas exploration and production. This will open up 2.8 mi
Slide 12: NDR & OALP to boost Onland Seismic Survey
NDR & OALP to boost Onland Seismic Survey The last time that seismic data acquisition of the unapprised sedimentary basins was undertaken by the government was nearly 25 years ago resulting in tepid onland seismic activities Availability of seismic data acquired through NSP in National data repo
Slide 13: Company Overview
Company Overview
Slide 14: Company Profile
Company Profile Core Services includes: Designing and preplanning of 2D/3D/3C surveys Seismic data acquisition in 2D/3D/3C Seismic data processing of 2D/3D data Seismic data interpretation Acquired over 22000 LKM, Processed over 31000 LKM and Interpreted over 15000 LKM of 2D seismic data
Slide 15: Company Profile
Company Profile • Headquartered in Hyderabad, India Organization Structure • Incorporated in 1987, Public issue in Alphageo India Ltd – Holding Co 1994 Alphageo International Ltd, Dubai – 100% • Engaged in onland seismic data Subsidiary acquisition, processing and interpretation for the last couple
Slide 16: Company Profile
Company Profile
Slide 17: Milestones
Milestones • Incorporation of company 1987 • Emerged as first player to commence seismic operations in India 1990 • First Indian Company to offer onsite processing leading to enhanced quality control 1991 • Acquisition of two state of the art 24 bit telemetry system ION System Two units 1994 • Only
Slide 18: Milestones
Milestones • Increase of channel count to 12500 2009 • First international contract in Republic of Georgia using Vibes & Explosives 2010 • Acquisition of AHV IV 62000 lbs Vibrators 2010 • Contract in Myanmar with Petronas 2012 • Acquisition of two Sercel 428 XL systems with 7000 channels 2013 • Larg
Slide 19: Key Management
Key Management Mr. Z. P. Marshall - Chairperson and Independent Director on the Board of the Company. He is a Graduate in Engineering from Madras Institute of Technology. Held senior positions during his long career at DRDO and BDL, spanning 30 years. Mr. Dinesh Alla- Promoter Director and Managing
Slide 20: Clientele
Clientele cf OIL INDIA \ LIMITED GGSPC A Government of india E: GUJARAT STATE PETROLEUM CORPORATION LTD. 2 © Hardy Oil and Gas ple ra essane HesEL PETRONAS _ Ss caniaht OY | ENPRO | NANO 77> 4
Slide 21: Key Projects Executed
Key Projects Executed Client Project Year Rajasthan Basin Oil India Limited 2D API 2004 Ganga Basin Oil India Limited 2D A 1999 DGH 2D API 1998 DGH 2D API 2002 Oil India Limited 2D A 2003 Vindhyan Basin DGH 2D API 1997 Offshore Kutch Tullow India Operation Limited 2D P 2000 Assam Basin Canora Resour
Slide 22: Key Projects Executed
Key Projects Executed Client Project Year Onshore Gujrat GSPC Limited 2D P 2001 Essar Oil Limited 3D A 2008 Naftogaz-Adani 2D A 2008 Naftogaz Adani 3D A 2008 Interlink Petroleum Limited 3D A 2009 Selan Exploration Technology Limited 3D A 2010 Cauvery Basin ONGC Limited 3D A 2008 ONGC Limited 3D A 20
Slide 23: Experience in difficult terrains
Experience in difficult terrains Forested and hilly areas of Kharsang and Jairampur in Arunachal Pradesh- Completed 102 Sq Kms of 3D data acquisition in thickly forested and hilly areas (elevation varying from 150 to 1000m) Rugged, steep hilly terrain with forested cover in Mizoram, India: First com
Slide 24: Experience in difficult terrains
Experience in difficult terrains
Slide 25: Crews with unmatched expertise
Crews with unmatched expertise Multinational crew, drawn from countries such as India, US, Canada, Nigeria, Russia and Columbia comprises professionals who are experts in the field of geology & geophysics and unmatched expertise in reservoir & survey Operates 16 crews simultaneously at different
Slide 26: Strong Order Book – Ongoing Orders
Strong Order Book – Ongoing Orders • Acquisition of 2D Seismic Data in un-appraised on land areas of Indian Sedimentary Basins of India as a part of the National Seismic Program by Rs. 1300 Cr June 2019 order from • The execution of the contract involves addition of 10 seismic crews to ONGC work in
Slide 27: Timely Execution: Key Strength
Timely Execution: Key Strength Alphageo has the distinction of having worked in the most difficult and varied terrains and executing the contracts on time Alphageo earlier acquired 64-sq km 3D Canoro Resources Limited, a Canadian E&P Company, at Amguri within 75 days despite commencing work two
Slide 28: Promising Outlook
Promising Outlook
Slide 29: Alphageo across the production cycle
Alphageo across the production cycle Stage 1: Exploring the unappraised areas Alphageo is expected to benefit the Implementing ~29265 LKM of 2D seismic survey maximum out of increasing initiatives under NSP towards exploratory activities by the government on account of the following reasons: Stage 2
Slide 30: OALP a major growth driver!!!!
OALP a major growth driver!!!! Post NSP (National seismic program) Alphageo aspires to be in line with global peers handling various seismic activities. Following are the prospective areas to look forward to, apart from Rs. 1300 + Rs. 102 Cr order under NSP: All data acquired under NSP will be sto
Slide 31: NSP is just a beginning!!!!
NSP is just a beginning!!!! Apart from NSP and consequently OALP, following are the potential growth areas for the company in next couple of years: Government has initiated ‘Discovered Small Field Policy’ with an objective to increase domestic production. This policy targets monetizing 67 small fi
Slide 32: Financials
Financials
Slide 33: Consolidated Financials – Profit & Loss
Consolidated Financials – Profit & Loss Paticulars (Rs. Crs ) FY13 FY14 FY15 FY16 FY17 Total revenue from Operation 23.6 94.3 72.7 89.6 305.9 EXPENSES Survey and survey related expenses 16.3 47 37.5 51.8 178.8 Employee benefits expense 4.2 4.3 5.3 6.1 17.13 Other Expense 5 6.3 4 3.9 8.43 Total Expen
Slide 34: Consolidated Financials – Balance sheet
Consolidated Financials – Balance sheet Particulars (Rs.in Crs) FY13 FY14 FY15 FY16 FY17 Share Capital 5.4 5.6 5.6 5.6 6.1 Reserves & Surplus 35.3 63.4 78.2 90.8 164.6 Share Warrants 0.4 0 0 9.4 3.1 Long term Liabilities 0.2 0.9 0.4 2.7 14.6 Current liabilities 32.6 37.2 7.4 47.8 161.8 Total 73.9 10
Slide 35: Thank You
Thank You