Origin Energy Limited · ASX:ORG
Origin Energy — UBS Resources and Energy Conference 2011
26 slides from Origin Energy's conference presentation, Jun 16, 2011
Slide 1: ASX cover fax for presentation
For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 16 June 2011 From Helen Hardy Pages 26 Subject PRESENTATION Attached for your information is a presentation being made today at the UBS Resources and Energy Conference in Sydney by Ms Karen Moses, E
Slide 2: Origin Energy: A Year of Transformation
For personal use only Origin Energy A Year of Transformation UBS Resources and Energy Conference | Sydney, 15-16 June 2011
Slide 3: Important Notice
Important Notice This presentation does not constitute investment advice, or an inducement or recommendation to acquire or dispose of any securities in Origin, in any jurisdiction (including the USA). This presentation is for information purposes only, is in a summary form, and does not purport to b
Slide 4: An investment in Origin today provides a stake in
An investment in Origin today provides a stake in … For personal use only • Australia’s leading integrated energy company • Largest retail energy customer base • Large and diversified generation portfolio across the National Electricity Market • Diversified fuel supply position with substantial equi
Slide 5: Origin's strategy is to be integrated across the competitive segments of the Australian energy industry
Origin’s strategy is to be integrated across the competitive segments of the Australian energy industry For personal use only • Listed in the S&P/ASX 20 index with a market capitalisation of approximately A$16.7 billion and over 4,700 employees1 • Australia’s largest energy retailer, servicing 4.6 m
Slide 6: Australia's leading integrated energy company
For personal use only Australia’s leading integrated energy company 5|
Slide 7: Origin's acquisition of the NSW energy assets was completed on 1 March 2011
Origin’s acquisition of the NSW energy assets was completed on 1 March 2011 … For personal use only • An effective and cooperative handover of assets has resulted in a smooth transition • The Transition Services Agreements are supporting Origin’s new retail businesses well • The transaction has prov
Slide 8: Origin has emerged as Australia's market leading retailer
Origin has emerged as Australia’s market leading retailer, with an energy portfolio diversified by geography and fuel type … For personal use only Gross Profit by Retail Product and Underlying NEM regions Electricity and Natural EBIT Margin1 Gas market share2 Product Gross Profit ($ million) (bars)
Slide 9: Origin has continued to progressively invest in developing new business lines
Origin has continued to progressively invest in developing new business lines … For personal use only Market Share of GreenPower Customer Engagement Technology: customers • Partnered with Energy Platform company, Tendril • Application suite that allows customers to engage in energy efficiency, energ
Slide 10: Origin owns or has contractual rights over a diverse portfolio of generation assets
Origin owns or has contractual rights over a diverse portfolio of generation assets across multiple fuel sources and geographic regions … For personal use only SCALE FLEXIBILITY DIVERSITY NEM Market Share of Origin Generation Capacity1 Origin Generation Ramp-Up1,2 Generation Capacity1,2 12,000 by fu
Slide 11: Origin's integrated position helps provide diversity of supply and natural hedges
Origin’s integrated position helps provide diversity of supply and natural hedges for the Retail business For personal use only Origin Domestic Gas Supply/Demand Origin Domestic Gas Supply/Demand PJ 200 Third Party Contracts 150 Origin JV Partners - Retail & Contracted Wholesale Demand 100 APLNG - C
Slide 12: Higher proportion of gas-fuelled power stations and lower carbon intensity
Origin has a higher proportion of gas-fuelled power stations compared with the NEM average and a lower average carbon intensity For personal use only Carbon Intensity by Generator Type 1 Brown Coal Black Coal NEM average intensity 0.92t/MWh OCGT CCGT Renewables 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 Carbon
Slide 13: APLNG: Australia's largest CSG to LNG project
APLNG: Australia’s largest CSG to LNG project For personal use only Origin and APLNG exploration and production Artist’s impression of the LNG facility on Curtis Island permits in the Surat and Bowen basins 12 |
Slide 14: Asian LNG markets are robust, with opportunities for long term contracting
Asian LNG markets are robust, with opportunities for long term contracting … For personal use only Source: EnergyQuest, May 2011 … with APLNG one of the few projects able to service uncontracted demand in 2015/2016 13 |
Slide 15: APLNG has made significant progress over the last months
APLNG has made significant progress over the last 12 months … For personal use only Timing Milestone (Calendar • APLNG has signed a binding Sale Years) and Purchase agreement with Initial Advice Statement (IAS) submitted Q1 2009 Sinopec for the supply of 4.3 mtpa of LNG for 20 years1 and Curtis
Slide 16: APLNG holds the largest reserves and is the largest producer of coal seam gas in Australia
APLNG holds the largest reserves and is the largest producer of coal seam gas in Australia For personal use only 1 PJ CSG 2P and 3P Reserves by Project 15,000 3P 12,000 2P 9,000 3P 2P 3P 3P 6,000 2P 2P 3,000 0 APLNG QCLNG CSLNG GLNG Source: EnergyQuest, February 2011 Over 5,000 PJ is required to ser
Slide 17: Quality resources, proven capabilities and a strong JV partnership underpin the project
Quality resources, proven upstream and downstream capabilities and a strong JV partnership will underpin the project as it enters the execution phase For personal use only 42.5% 42.5% 15% Upstream Pipeline Pipeline LNGLNG PlantPlant LNG Marketing LNG Marketing • Operated by Origin • 450 km (280 mile
Slide 18: Origin continues to strengthen its balance sheet ahead of an APLNG final investment decision
Origin continues to strengthen its balance sheet ahead of an APLNG final investment decision … For personal use only Origin Debt and Bank Guarantee Maturity Profile as at 31 December 2010 with pro forma adjustments1,2 2,500 • Origin raised €500 million 2,250 (approximately A$680 million) 2,000 of hy
Slide 19: A portfolio of diversified energy resource opportunities
For personal use only A portfolio of diversified energy resource opportunities 18 |
Slide 20: Origin has always focussed on the question 'from where will the fuel come?'
Origin has always focussed on the strategic question “from where will the fuel come?” to meet future energy needs For personal use only Source: BP Statistical Review of World Energy June 2010. • Origin continues to focus on addressing this question in domestic markets in Australia and New Zealand, a
Slide 21: Exploration and production interests in Australia, New Zealand and elsewhere
Origin has exploration and production interests in central and southern Australia and in the Taranaki Basin in New Zealand … For personal use only Origin is in joint ventures with experienced operators including: • ConocoPhillips (CSG/LNG) • Anadarko (NZ) • Salamander (SE Asia) • Apache (Kenya) … as
Slide 22: Contact Energy is one of New Zealand's leading integrated energy companies
Contact Energy is one of New Zealand’s leading integrated energy companies, and is on a path of continued growth … For personal use only Increased Portfolio Flexibility Generation Market Share Growth • Ahuroa Gas Storage • Enables Contact to inject gas during periods it is not needed • Stratford Pea
Slide 23: Identifying, creating and adding value to new resource positions
In addressing future energy needs Origin is identifying, creating and adding value to new resource positions For personal use only WIND GEOTHERMAL HYDRO SOLAR • Owns and operates • Exposure to 290 MW of • Holds interests in • Installs solar Cullerin Range wind geothermal generation 750 MW of hydro p
Slide 24: An investment in Origin today provides a stake in
An investment in Origin today provides a stake in … For personal use only • Australia’s leading integrated energy company • Australia’s largest CSG reserves base and CSG to LNG project • An expanding portfolio of diversified energy resource opportunities … together with an experienced and stable man
Slide 25: Endnotes
Endnotes Slide 4 (1) Market capitalisation as at 10 June 2011; Employee numbers as at 31 December 2010 and excludes Contact Energy (2) Based on customer accounts as at 30 June 2010, including pro forma adjustments for the NSW acquisition For personal use only (3) Includes Mortlake Power Station, cur
Slide 26: Thank you
For personal use only Thank you Further Information Angus Guthrie Group Manager, Investor Relations Email: angus.guthrie@originenergy.com.au Office: +61 2 8345 5558 Mobile: + 61 417 864 255 Website www.originenergy.com.au 25 |
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