Newmed Energy Limited Partnership · TASE:NWMD
Newmed Energy Limited Partnership — Q1 2022 Earnings Presentation
15 slides from Newmed Energy Limited Partnership's earnings presentation, May 23, 2022
Slide 1: Slide 1
Slide 2: Disclaimer
NA Disclaimer This presentation was prepared by NewMed Energy Limited Partnership (the “Partnership’) and is given to you only for the provision of concise information for the sake of convenience and may not be copied or distributed to any other person. The Data and information included in this pres
Slide 3: First quarter highlights
ooo oa oO Record Sales in quarter — average production in quarter c. 100,000 MMbtu/d Record daily production output- 1,274,000 MMbtu/d (12/03/2022) Record export from Leviathan — 1.83 BCM (c. 65,800,000 MMbtu) Leviathan 8 drilling operations — 5" producing well in Leviathan First export through FAUR
Slide 4: Key First Quarter Financial Metrics
Key First Quarter Financial Metri Sales EBITDA 279.2 181.3 71.8 246.8 158.9 225.1 17.7 41.4 1019 1020 1021 10.22 1019 1020 1021 10.22 lH Including 22% WIin Tamar 1Q.22excluding Tamar WI Net Profit before income tax EBITDA calculated as Operating profit + Deprecationand Amortization Pre Tax Profit 14
Slide 5: aot « of eg
160 140 120 100 80 60 40 20 14 25 20 TT aot « of eg
Slide 6: Production Summary
Production Summary. Average Price ($/mmbtu) 5.57 Average Price ($/mmbtu) 4.92
Slide 7: Mediterranean Sea gas fields and pipelines map
Mediterranean Sea ta oe Jamar Connecting pipeline to Jordan Leviathan transmission system INGL Ashdod-Ashkelon Pipeline EMG pipeline ay “8B Platform Pan-Arab gas pipeline, LNGsite connecting Egypt & Jordan Existing pipeline Jordan
Slide 8: Leviathan & Aphrodite Development
NN Leviathan 8 & Aphrodite Development Leviathan 8 Q Leviathan-8, the 5th production wellin the field, was spud on April4* Drilling operations are progressing as scheduled on time and on budget andexpectedto endina few weeks. Aphrodite Development Q The partnersare working with the Government of Cyp
Slide 9: ESG Update
NA ESG Update _ Q_ ImplementingNewMed Alternative Energies Strategy: Q_ Multiple examinations of new projects in the field of carbon neutral energy to meet long term commitments. Q_ Advancing international cooperation on Alternative Energy activity Q_ Promotingtransparency and working inline with th
Slide 10: P&L Summary
P&L Summary ismm Q1‘22 Q1°21 2021 Revenues From natural gas and condensate sales 246,199 216,455 882,537 Net of royalties 36,043 32,164 128,758 Revenues, net 210,756 184,291 753,779 Expensesand costs: Cost of natural gas and condensate production 33,643 26,910 118,382 Depreciation, depletion and amo
Slide 11: Cash and bonds outstanding
3,500,000 3,000,000 2,500,000 2,000,000 4,500,000 4,000,000 500,000 1.2021 92.2021 93.2021 04.2021 ™SeriesA =TamarBond =Leviathan Bond Cash and Cash equivalent as of 31/03/2022-$315mm Q1.2022 n
Slide 12: Bond buyback plan and profit distribution
12 Q_ The partnerships BOD has decided on aLevithan Bond Buy Back plan of up to $ 100mm for the outstanding notes. Q_ The partnership has declared a $50mm profit distribution to unitholders
Slide 13: NewMed Energy - IR
Med Energy- IR = Tel. 497299712421 —— = < IR@newmedenergy.com
Slide 14: Slide 14
Slide 15: Gas sales January 1 to March 31, 2022
Gas sales from January 1st 2022 until March 31st 2022 for 100% of the Leviathan partners on an accrual basis.
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