Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — H1 2023 Earnings Presentation
12 slides from Nostrum Oil & Gas's earnings presentation, August 2023
Slide 1: Financial Results for the period ended 30 June 2023
Financial Results for the period ended 30 June 2023 August 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared and issued by, and is the sole responsibility of, Nostrum Oil & Gas plc (the “Company”), being the current holding company of the Nostrum Oil & Gas group (the “Group”). For the purpose of this disclaimer notice, “presentation” shall include these slides
Slide 3: H1 2023 Results Summary
H1 2023 Results Summary • Successful completion of Bond restructuring • New Board of Directors, CFO and Corporate Broker appointments Strategic • Launch of mixed-asset energy strategy • Acquisition of the Stepnoy Leopard fields and commencement of an appraisal programme in July 2023 • H1 2023 revenu
Slide 4: H1 2023 Operational Review
Q1 2023 Operational Review Production and Sales volumes (boepd)1 14,683 • H1 2023 average production volumes available for sales H1 2023 13,658 12,734 10,048 10,048 boepd 11,763 10,479 9,622 - Crude & condensate: 4,621 boepd - LPG: 1,258 boepd - Dry gas: 4,169 boepd • Production decline continues fr
Slide 5: H1 2023 Financial Review
H1 2023 Financial Review Revenue (US$m) EBITDA1 (US$m) 60 EBITDA H1 2023 67% EBITDA margin 53 70% 60% 48 48 40 55% 44 60% 47% 35 50% 30 40% 31% 20 40 26% 30% 17 29 26 20% 10 21 11 10% 5 0 0% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Cash generati
Slide 6: Supporting materials
Supporting materials
Slide 7: Interim Consolidated Statement of Financial Position
H1 2023 Financial Results Interim Consolidated Statement of Financial Position H1 2023 Financial Results 7
Slide 8: Interim Consolidated Statement of Comprehensive Income
H1 2023 Financial Results Interim Consolidated Statement of Comprehensive Income H1 2023 Financial Results 8
Slide 9: Interim Consolidated Statement of Cash Flows
H1 2023 Financial Results Interim Consolidated Statement of Cash Flows H1 2023 Financial Results 9
Slide 10: Consolidated Statement of Changes in Equity
H1 2023 Financial Results Consolidated Statement of Changes in Equity H1 2023 Financial Results 10
Slide 11: Simplified Group Structure post Bond Restructuring
Simplified Group Structure post Bond Restructuring (9 February 2023) New Warrants Key shareholders¹: New Shareholders/ Shareholders ICU Trading Noteholders EMOV 88.89% Amundi 11.11% Equity Entitlement New Notes Nostrum Listed on LSE with symbol: NOG Oil & Gas Plc US$250m 5.00% 2026 SSNs Listed on AI
Slide 12: Thank you
Thank you