Atlantic Petroleum P/f · OMXCOP:ATLA_DKK
Atlantic Petroleum P/f — Atlantic Petroleum — Investor Presentation (November 2012)
12 slides from Atlantic Petroleum P/f's investor presentation, November 2012
Slide 1: Atlantic Petroleum: An E&P Company in Growth
Atlantic Petroleum An E&P Company in Growth November 2012
Slide 2: Disclaimer
Disclaimer This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently, actual results may differ significantly from the results indicated or implied in these statements No representation or warranty (expressed or implied) is made as
Slide 3: Our Strategy & Building Blocks
Our Strategy & Building Blocks Provide step change growth through high impact exploration and targeted acquisitions GROWTH THROUGH GROWTH BY FARM-IN & DEVELOPMENT ACQUISITIONS Create organic growth through Increase portfolio through development of existing asset selective farm-ins and base acquisiti
Slide 4: Strengths and Competences
Strenghts and Competences Three producing oil fields with tie-back opportunities and Oil fields in production potential near term upsides Expected positive cash flow in the short term Extensive geological Strong technical staff and network of consultants with proven track record knowledge of t
Slide 5: Atlantic Petroleum Licences November 2012
Atlantic Petroleum Licences November 2012 38 LICENCES UK 29 exploration & appraisal licences 3 licences with fields in production Faroe Islands 3 exploration licences Ireland 1 exploration licence Norway 2 exploration licences with potential to increase significantly through licensing rounds and far
Slide 6: AP Licences & Wells 2012 – 2013
AP Licences & Wells 2012 – 2013 Spaniards – 2012 well – Premier Oil Magnolia – 2013 well - Dana Polecat – 2012 well - Nexen Orchid – Feb 2012 well – Summit Pegasus West – 2013/14 well - Centrica Endymion – 2013/14 well - Centrica Brugdan II – 2012 well – Statoil 6
Slide 7: Exploration & Appraisal Wells
Exploration & Appraisal Wells Wells Wells drilled/planned Cum. wells drilled Cum. wells drilled drilled 5 14 12 4 Tentative 10 Norway well 3 8 6 2 4 1 2 0 0 2009 2010 2011 2012 2013 2014 Planned Exploration & Appraisal wells Tentative Norway wells 7
Slide 8: Atlantic Petroleum Performance & Outlook 2012
Atlantic Petroleum Performance & Outlook 2012 Revenue 1H 2012 was GBP 31MM Asset or corporate acquisitions to be evaluated Operating Profit 1H 2012 was GBP 8.6MM Participated in the 2012 UKCS Orchid Net cash from operating acitvities in 1H discovery. AP 10% equity. was GBP 19.3MM Product
Slide 9: Norway - Significant Exploration Potential Remains
Norway - Significant Exploration Potential Remains Norway is deviating from the classic creaming curve in 68 that the past several years have seen larger discoveries 66 64 62 Cumulative Discovered oil & gas resources by country 60 by year (offshore only) 2000 2005 2010 Billion boe 2001-2011 statisti
Slide 10: Atlantic Petroleum Business Concept Norway
Atlantic Petroleum Business Concept Norway Knowledge of NCS Stringent Criteria Experience If discovery: & focus on DHI’s swap for production Drill low risk or sell prospects with low to moderate Successful Farm- working interest Select ins or awards in Selectopportunities Opportunities licensing rou
Slide 11: Norway Entry Summary
Norway Entry Summary Transaction Rationale Exposure to the highly prolific and prospective Norwegian Continental Shelf Participation in Norwegian licence applications. Next round has a bid deadline 4th December Ownership in two licenses Contingent Resource of 9 mmboe net according to operato
Slide 12: Contact
Contact Headquarters, Faroe Islands P/F Atlantic Petroleum Yviri við Strond 4 P.O.Box 1228 Faroe Islands Tel +298 350100 Norway offices, Bergen Atlantic Petroleum Norge AS Kanalveien 109 5068 Bergen Norway Tel +47 99205989 Ben Arabo, CEO UK offices, London Tel +298 350 100 Mobile +298 550 100 Atlant
Atlantic Petroleum — Investor Presentation (November 2012) on 6ix