Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — H1 2013 Earnings Presentation
15 slides from Amplitude Energy's earnings presentation, Feb 25, 2013
Slide 1: 2013 First Half Financial Results
For personal use only 2013 First Half Financial Results Investor presentation on results for six months ended 31 December 2012 25 February 2013
Slide 2: Important Notice – Disclaimer
Important Notice – Disclaimer For personal use only The information in this presentation: Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held. Does not take into account the individual investment o
Slide 3: Company snapshot
Company snapshot For personal use only 160 Capital structure 150 140 Indexed Performance (%) Share price $0.40 - $0.69 range,12 months to 22 February 2013 130 Shares on issue 329.0 mill 120 Market capitalisation $172.7 mill 110 52.5c on 22 February 2013 100 Cash, term deposits & investments $77.9 mi
Slide 4: Our strategy and business
Our strategy and business For personal use only INVESTOR PRESENTATION 25 February 2013 Leveraging strengths for TSR 4
Slide 5: 2013 First half - key messages
2013 First half - key messages For personal use only Financial Results: Solid and in-line with activities – Sales revenue of $23.4 million, marginally down from $25.8 million (pcp) – Total Profit Attributable to Members of $4.6 million up from $(4.1) million (pcp) – Profit from Continuing Operatio
Slide 6: Production and financial results
Production and financial results For personal use only Six months ending: 31 Dec 2012 31 Dec 2011 Change Oil produced & sold kbbl 213 225 -5% Average A$ oil price $/bbl 110 115 -4% Sales revenue $’000 23,368 25,803 -2,435 Other revenue $’000 1,486 2,761 -1,275 Profit after income tax from continuing
Slide 7: Movement in financial assets
Movement in financial assets For personal use only 23.0 17.9 Investments 13.2 Investments available for 4.3 available for 30.3 sale at fair value 1.3 63.6 7.3 sale at fair value 61.5 8.8 0.1 47.6 Cash at Cash generated by Cash applied Cash at 30 June 2012 operations to Exp, Dev & 31 Dec 2012 + $2.1m
Slide 8: Production outlook
Production outlook For personal use only Average bbls/day, (Australia & Indonesia) 2,500 2,000 FY 2013 guidance: 500 - 550 kbbls 1,500 1,000 500 Pipeline commences - Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 INVESTOR PRESENTATION 25 February 2013 Trending upwards 8
Slide 9: Australia focus
Australia focus Cooper, Otway and Gippsland Basins For personal use only Cooper Basin Western flank oil Gas potential Otway Basin Conventional and unconventional – oil and gas plays Gippsland Basin Gas resource exposure Reviewing & screening opportunities INVESTOR PRESENTATION 25 February 20
Slide 10: 2013 Second half activity
2013 Second half activity For personal use only production Increase Book inventory Grow expl. management Portfolio reserves Cooper Basin Up to 6 wells (exploration, appraisal and development); 753 km 2 3D √ √ √ √ Otway Basin 1 well (exploration); conventional and unconventional (oil and gas) √ √ Tun
Slide 11: Cooper Basin
Cooper Basin For personal use only INVESTOR PRESENTATION 25 February 2013 6 wells plus seismic 11
Slide 12: Otway Basin
Otway Basin For personal use only INVESTOR PRESENTATION 25 February 2013 Sawpit -2 plus Casterton Shale 12
Slide 13: Tunisia
Tunisia For personal use only INVESTOR PRESENTATION 25 February 2013 Hammamet West-3 plus farm- out 13
Slide 14: Indonesia
Indonesia For personal use only INVESTOR PRESENTATION 25 February 2013 Growing reserves and production 14
Slide 15: Summary
Summary For personal use only Cash plus investments up and reserves/resource base growing Implementing strategy and plans • head office moved, Chairman appointed, new team in place • increased focus on Eastern Australia Production growth • Australia & Indonesia • screening acquisitions Activity