Pt Energi Mega Persada Tbk · IDX:ENRG
Pt Energi Mega Persada Tbk — FY2020 Earnings Presentation
28 slides from Pt Energi Mega Persada Tbk's earnings presentation, June 2021
Slide 1: 2020 Production & Financial Results
2020 Production & Financial Results Jun 2021
Slide 2: emp in Brief
* emp is an upstream oil and gas company established in 2001 * emp is listed on the Jakarta Stock Exchange since 2004 * emp currently operates 8 oil, gas, and CBM working areas spreading across Sumatra, Java, Kalimantan and Mozambique (Africa) . emp IN BRIEF emp has proved (1P) reserves of 18.2 mill
Slide 3: Board of Commissioners
emp BOARD OF COMMISSIONERS SUYITNO RUDIANTO RIZAL PATMOSUKISMO RIMBONO MALLARANGENG President Commissioner Commissioner Commissioner More than 50 years More than 25 years Experienced in the field of experience in oil and gas experience in the oil Government and sector, including Pertamina and gas in
Slide 4: Board of Directors
BOARD OF DIRECTORS SYAILENDRAS. BAKRIE President Director EDOARDUSA. WINDOE Director More than 15 years of experience in finance in the oil & gas industry and fund management institutions (Capital Managers Asia Pte. Ltd.). More than 15 years of experience in finance at Investment & Securities Compan
Slide 5: Source: Company information Notes:
• • • Source: Company information Notes: • • Reserves and production are indicated on a net working interest basis • bcf: billion cubic feet, mmbbl: million barrels, bbl/day: barrel/day, mmscf/day: million cubic feet/day |4
Slide 6: Large, Diversified Portfolio of Oil & Gas Assets
emp LARGE, DIVERSIFIED PORTFOLIO OF OIL & GAS ASSETS The size and diversity of EMP's reserve base will enable the company to pursue growth Large reserve base and long reserve life Diverse reserve base * Large reserves base in Indonesia compared to other . Diversified portfolio with multiple oil and
Slide 7: |6
200 5 150 4 100 3 50 2 0 1 35 30 25 20 15 10 5 0 |6
Slide 8: Gas Price and Long Term Gas Contracts
emp GAS PRICE AND LONG TERM GAS CONTRACTS Gas production with long term contracts with price escalation Oil & Gas production (MBOEPD) Oil & Gas revenue split (US$ million) 342 40.0 28.0 32.0 326 g 20.0 5 g 3 = 0.0 2019 as mOil 2020 2019 = aGas moi «2020 Recently signed gas sales agreements S67 $6.36
Slide 9: PSC Current Offtakers
No. PSC Current Offtakers – – – – |8
Slide 10: Bentu PSC
emp BENTU PSC (Pelalawan & Kampar District, Pekanbaru, Riau Province) fennesee * Production sharing contract is ™ A good until 2041 r ° Working Interest: 100% * 2020 Production: 75.87 KorinciGaru PSC West Baru Field if mmcfd Boru Fed Sis Reserves (mmbb) tbe ee 4p - 36,4 on 2P - 287,6 % ne i 3P S 585
Slide 11: Bentu Production Facilities
BENTU PRODUCTION FACILITIES |10
Slide 12: Malacca Strait PSC
MALACCA STRAIT PSC (Kep. Meranti & Siak District, Riau Province) * Gross Split contract is good until 2040 ° Working Interest: 100% * 2020 Production:3,410 barrels oil per day & 2.94 mmcfd Oil Gas Reserves (mmbbl) (bef 1P 10,7 0,44 2P 13.5 0,44 3P 13.5 0,44 Has completed drilling activities for 6 de
Slide 13: Drilling Activities
emp MALACCA STRAIT PSC (Kep. Meranti & Siak District, Riau Province) |12
Slide 14: Kangean PSC
emp KANGEAN PSC (Sumenep District, Madura, East Java Province) 1 ° Production sharing contract worth Pagerungan ld is good until year 2030 cane: ~—" x aR omar wemensrin * Working Interest: 50% West Kangean Field \ (wo) * 2020 Production: 34 bopd & 93.04 mmcfd ig Sirasun Batur Field 2 Zi 5 tags) WB c
Slide 15: Production Facilities Pagerungan
PRODUCTION FACILITIES PAGERUNGAN GAS FACILITES FPU JOKO TOLE |14
Slide 16: Gebang PSC
emp GEBANG PSC (Langkat District, North Sumatera Province) ° Production sharing contract is good until year 2035 Working Interest: 100% Reserves ( aes) ie mie ae : aug 5 ao 2C - 408,8 Ses 3c . 411,0 - On-progress conducts 3D Seismic activities starting in Q2 2020 - Re-activation of one of the fields
Slide 17: 3D Seismic Production Facilities
3D SEISMIC PRODUCTION FACILITIES |16
Slide 18: Tonga PSC
emp TONGA PSC (Padang Lawas District, North Sumatera Province) fece) ° Production Sharing contract i moun is good until year 2037 °* Working Interest: 94.29% ioe Reserves tanga ay 1P 0.45 S 2P 1.92 - 3P 6.09 2 INDEX MAP. |17
Slide 19: Tonga Production Facilities
TONGA PRODUCTION FACILITIES TONGA 1 & 3 WELLS PRODUCTION ACTIVITY SHE ACTIVITY |18
Slide 20: Sangatta II CBM PSC
emp SANGATTA II CBM PSC (East Kutai District, East Kalimantan Province) ° Production sharing contract is good until year 2039 * Working Interest: 42% ° Prospective Resources (P-50): 9.65 tcf LEGEND mm s10ck mm COAL FIELD (@ COAL PROCESSING PLANT SiNG FaciurTy 2 COAL TERMINAL — OVERLAND CONVEVER =~ P
Slide 21: Sangatta II Project Update
SANGATTA II PROJECT UPDATE |20
Slide 22: Buzi EPCC (Mozambique)
emp BUZI EPCC (MOZAMBIQUE) Mozambique x * Working Ineterest: 75% Oil Gas Reserves (mmbbl) (bef) 1C - 103.8 Mozambique Channel 2c . 349 8 3C 2 1,120.9 - Has completed drilling 1 appraisal well and is continuing drilling on another 1 well |21
Slide 23: Drilling Activities
emp BUZI EPCC (MOZAMBIQUE) |22
Slide 24: Business Unit PROPER
… • • – PROPER BUSINESS UNIT 20201 • – – Beyond compliance companies that achieve zero emissions Beyond compliance companies • Have achieved compliance level Managed environment impact but below requirements • Have not managed environment impact at significant level – – |23
Slide 25: Zero Accident Awards
• EMP Bentu Limited has received the Patra Nirbhaya Karya Utama award for zero accidents from 17 February 2004 to 30 April 2020 (13,787,378 manhour) • PT. Visi Multi Artha has won Patra Nirbhaya Karya Pratama for zero accidents from 4 May 2009 to 30 April 2020 (302,172 manhour) • EMP Malacca Strait
Slide 26: Source: Company information as per 30 Dec 2020.
… … • • • , … • ̶ ̶ • ̶ ̶ ‐ • ̶ ̶ Source: Company information as per 30 Dec 2020. |25
Slide 27: |26
400 150 300 100 200 100 50 0 0 10 8 6 4 2 0 |26
Slide 28: Financial Highlights
emp FINANCIAL HIGHLIGHTS Net Sales $334,341,403 $324,881,670 -3% EBITDA $200,371,418 $233,706,391 +17% Operating Profit $141,255,715 $111,625,372 -21% Net Profit $28,003,535 $53,659,332 +92% Cash & Restricted Cash $62,130,921 $66,737,083 Short term Loans $11,528,453 $18,780,111 Current Maturities $1
PT Energi Mega Persada — FY2020 Earnings Presentation on 6ix