Omv Ag · VIE:OMV
Omv — OMV Aktiengesellschaft — Merger or Acquisition (November 2018)
10 slides from Omv's merger presentation, Nov 9, 2018
Slide 1: OMV Conference Call
OMV Conference Call Rainer Seele Chairman of the Executive Board and CEO November 9, 2018 OMV Aktiengesellschaft
Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements. Forward-looking statements may be identified by the use of terms such as “outlook,” “expect,” “anticipate,” “target,” “estimate,” “goal,” “plan,” “intend,” “may,” “objective,” “will” and similar terms or by their context. These forward-look
Slide 3: OMV expands its Australasia footprint
OMV expands its Australasia footprint ► OMV acquires 50% of Sapura Upstream ► Major independent Malaysian oil and gas company, part of the Sapura Energy Group ► Purchase price of USD 540 mn ► Additional contingency payment of up to USD 85 mn ► Sapura Upstream total debt position of USD 350 mn (100%)
Slide 4: Sapura Upstream overview
Sapura Upstream overview Presence in Malaysia ► Production and development assets are Vietnam Philippines located in shallow waters, offshore Malaysia ► Five oil fields and one gas field producing Malaysia ► Current production at ~10 kboe/d 1, mostly liquids Indonesia ► High-upside potential from th
Slide 5: Near-term production growth and low CAPEX
Near-term production growth and low CAPEX Sapura Upstream production 1 Kboe/d ► Near-term production growth ~60 ► Plateau production of ~60 kboe/d 1, 2 (100%) ► Production split: ~90% gas and ~10% oil ► Majority of gas is transported to Bintulu LNG complex, operated by Petronas; LNG exported to Asia
Slide 6: Strategic rationale
Strategic rationale ► Gas demand expected to increase by 50% in Asia Pacific Access to a until 2030 growing market ► OMV capitalizes on the increase of LNG demand and growing Asian markets ► Australasia becomes a new core region Adding 260 mn 1 ► Immediately increases OMV’s reserve and resources bas
Slide 7: OMV Aktiengesellschaft
OV OMV OMV Aktiengesellschaft ouv OMV
Slide 8: BACKUP
BACKUP OMV Aktiengesellschaft
Slide 9: Sapura Upstream: blocks overview
Sapura Upstream: blocks overview Vietnam Vietnam Philippines Philippines Malaysia PM329 AAKBNLP PM318 PM323 SB331 1 SK408 SB332 1 SK310 Brunei Malaysia Malaysia Indonesia Additional exploration permits (not depicted): Mexico: Block 30 – Sureste Basin New Zealand: 5 Exploration permits - Taranaki B D
Slide 10: Summary of Sapura Upstream Assets
Summary of Sapura Upstream Assets Producing Production Working assets Malay Basin, Block Type start interest Partner Operated primary year % PETRONAS PM318 Oil 2008 50 by Petronas Carigali PETRONAS PM323 Oil 2008 60 by Sapura Carigali PM329 Oil 2011 70 PETRONAS by Sapura Carigali PETRONAS AAKBNLP Oi
OMV Aktiengesellschaft — Merger or Acquisition (November 2018) on 6ix