Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — H1 2019 Earnings Presentation
11 slides from Nostrum Oil & Gas's earnings presentation, August 2019
Slide 1: H1 2019 Financial Results
H1 2019 Financial Results August 2019
Slide 2: Highlights
H1 2019 Financial Results Highlights • Revenue US$174.2m (H1 2018: US$191.5m) Financial • EBITDA1 US$110.2m (H1 2018: US$113.2m) • Closing cash US$120.8m2 with net debt of US$1,012.0m3 • Sales volumes 29,210 boepd (H1 2018: 29,886 boepd) • Hot commissioning of GTU3 continuing; full commissioning rem
Slide 3: Snapshot of key figures
H1 2019 Financial Results Snapshot of key figures Production and sales volumes [kboepd] 32.5 • Production YTD in line with expectations 29.9 30.0 29.1 31.1 29.2 • FY 2019 guidance remains in place • 30kboepd production after treatment • 28kboepd sales volumes H1 2018 H2 2018 H1 2019 Production after
Slide 4: Capital discipline
H1 2019 Financial Results Capital discipline Balance sheet Hedging programme • US$120.8m1 cash and cash equivalents as at 30 • No hedges currently in place June 2019 • Company will continue to assess market conditions • Net debt of US$1,012.0m2 as at 30 June 2019 and look at options for hedging in 2
Slide 5: FY 2019 cash bridge @ US$60/bbl oil
H1 2019 Financial Results FY 2019 cash bridge @ US$60/bbl oil H2 2019 net Coupon payment operating cash in Q3 flow @ US$60/bbl 43 Remaining costs to full commissioning Available cash for 101 20 drilling programme 59 121 100 Closing cash OPCF Finance costs GTU3 commissioning Capital available to Clos
Slide 6: An infrastructure hub in North-western Kazakhstan
H1 2019 Financial Results An infrastructure hub in North-western Kazakhstan Russia Key Nostrum acreage (existing) Nostrum acreage (being acquired) Oil export Chinarevskoye Kazakhstan Gas condensate field pipeline Atyrau-Samara Oil field Nostrum Gas Treatment Facility Rozhkovskoye Railway Gas export
Slide 7: Supporting materials
Supporting materials 7
Slide 8: Consolidated Statement of Financial Position
Nostrum Oil & Gas Consolidated Statement of Financial Position 8
Slide 9: Consolidated Statement of Comprehensive Income
Nostrum Oil & Gas Consolidated Statement of Comprehensive Income 9
Slide 10: Consolidated Statement of Cash Flows
Nostrum Oil & Gas Consolidated Statement of Cash Flows 10
Slide 11: Disclaimer
This presentation is not an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. This presentation does not contain all of the information that is material to an investor. By attending the presentation or b