Omv Petrom Sa · BVB:SNP
Omv Petrom Sa — Investor Presentation (June 2023)
14 slides from Omv Petrom Sa's investor presentation, Jun 22, 2023
Slide 1: Neptun Deep: a game-changing project
Neptun Deep: a game-changing project Bucharest, June 22, 2023
Slide 2: Disclaimer
Disclaimer This presentation does not, and is not intended to, constitute or form part of, and None of the future projections, expectations, estimates or prospects in this should not be construed as, constituting or forming part of, any actual offer to sell presentation, including (without being lim
Slide 3: Speakers and Agenda
Speakers and Agenda Our event today Speakers Agenda Neptun Deep – a strategic project for OMV Petrom and Romania Key highlights of the project Christina Verchere Alina Popa CEO, Presenter CFO Development concept Potential gas markets Cristian Hubati Franck Neel Closing remarks EB Member EB Member Ex
Slide 4: Neptun Deep Project – a major pillar of OMV Petrom Strategy 2030
Strategy 2030 Neptun Deep Project – a major pillar of OMV Petrom Strategy 2030 Strong capital discipline & dividend policy Transition to low and zero carbon Energy transition leader for Romania and SEE Optimize traditional Grow regional business gas Innovation & People & Responsible Digitalization C
Slide 5: Our journey to the Development phase
Timeline Our journey to the Development phase 2008 2011-12 2014-15 Q1 2023 JV with First drilling Second drilling Tuzla-Podisor XOM campaign campaign capacity signed booking Domino 1 Pelican South signed with first discovery discovery Transgaz 2009 2012-13 August 2022 Mid-2023 First 3D Second 3D OMV
Slide 6: A growth project for OMV Petrom and Romania
Neptun Deep A growth project for OMV Petrom and Romania Robust economics to support Delivering on Ensure Romania’s OMV Petrom’s Strategy 2030 security of supply transformation and dividend policy ~50% increase in Gas production will Romania will become the OMV Petrom 2030 double and account for EU l
Slide 7: Neptun Deep – a transformational project
Key highlights Neptun Deep – a transformational project Project view: 100% interest ● FID: mid-year 2023 Neptun Deep ● First Gas: 2027 ● Production at plateau 1: ~140 kboe/d Operator, 50% ● Production cost 2: ~3 USD/boe ● Estimated recoverable volumes 3: ~100 bcm ● Development CAPEX: 3.8 - 4.0 EUR b
Slide 8: Development concept to bring novelties in the Romanian Black Sea
Block area Development concept to bring novelties in the Romanian Black Sea ● Zero harm ● Deploy innovative policy solutions 5 1 Domino reservoir ● ~1,000 m water depth ● Will produce via two subsea drill centers from 6 wells 4 2 Pelican South reservoir ● ~120 m water depth 2 ● Will produce via one
Slide 9: We are leveraging our experience while adding new capabilities
Project team We are leveraging our experience while adding new capabilities Deep water mega project Shallow offshore management skills ● Gas fields operator for more than 4 decades ● International capabilities with strong ● Shallow offshore currently at ~25% of total experience in global deep-water
Slide 10: Neptun Deep gas to have access to Romania and other potential gas markets
Accessibility and optionality Neptun Deep gas to have access to Romania and other potential gas markets EU 1 Hungary1 Moldova1 ~350 bcm ~9 bcm ~1 bcm Romania1 ~10 bcm Market demand 2022 Bulgaria1 Interconnecting Capacities in place ~3 bcm 10 OMV Petrom Neptun Deep – FID Day 1 Net importer
Slide 11: A game-changer for OMV Petrom and Romania
Neptun Deep A game-changer for OMV Petrom and Romania Significantly boosts our Generates strong growth Improves carbon hydrocarbon production in profits to support competitiveness of our and shifts gas weight to investments in low and upstream portfolio as it 70% from current 50% zero carbon busines
Slide 12: Click here to watch a 3 min video about the Neptun Deep Project
Click here to watch a 3 min video about the Neptun Deep Project 12 |
Slide 13: Q&A
Q&A
Slide 14: Contact
Contact OMV Petrom Investor Relations E-mail: investor.relations.petrom@petrom.com Tel: +40 372 161 930 Homepage: www.omvpetrom.com 14 | OMV Petrom Strategy 2030