Sound Energy Plc · LSE:SOU
Sound Energy — Investor Presentation (August 2016)
14 slides from Sound Energy's investor presentation, Aug 31, 2016
Slide 1: Investor Presentation Q3 2016
Investor Presentation Q3 2016 Revised 31.08.2016
Slide 2: Building a Mid-cap European & African Gas Company
Building a Mid-cap European & African Gas Company A IT Regional gas strategy underpinned by Potential multi TCF discovery LY →→ Strong European gas fundamentals at Tendrara (Eastern Morocco) →→ Pan European / African Strategic Partnership Two remaining Strategic Plays with Schlumberger →→ Badile and
Slide 3: Balanced Portfolio
Balanced Portfolio Badile Zibido Rapagnano PORTFOLIO TOTAL: Sidi Moktar Tendrara & Meridja SMG >EUR 2.2 BILLION* Exploration Exploration Dora / Dalla A IT Tendrara Zibido LY Appraisal Badile RISK Sidi Moktar Laura Appraisal SMG Nervesa Laura = Strategic play Dora/Dalla Rapagnano REWARD Tendrara I Me
Slide 4: The Team
The Team James Parsons Brian Mitchener Leonardo Spicci Chief Executive Officer EVP, Exploration EVP, Production & Development Over 36 years experience in O&G exploration including as Over 25 years experience in O&G management and operations Over 20 years in oil & gas strategy, Regional General Manag
Slide 5: Tendrara: flagship development with multi Tcf potential in Eastern Morocco
Tendrara: flagship development with multi Tcf Tahaddart Power N EA potential in Eastern Morocco 2 x 400 MW TERR AN MEDI Oued Tendrara + Meridja Dhar Doum El Makhazine 4 x 400 MW 2 x 400 MW T: Net effective interest 27.5% (Paying Oujda 20%); M: 55% interest; both operated →→ Continuity of the Algeria
Slide 6: Showcase Tendrara: Illustrative Aerial View
Showcase Tendrara: Illustrative Aerial View Long Term Upside Potential Near Term Potential MOROCCO ALGERIA 1-1.5 Tcf 3-4 Tcf, 75km2 250km2 M E R I DJA 1,800km2 TE-6 200- TE-2 300 Bcf 17km2 TE-5 TE-7 TENDRARA TE-1 TE-4 TE-3 Investor Presentation 0 40 80km Q3 2016 Slide 5 All volumetric estimates are
Slide 7: Northern Italy Strategic Play
Northern Italy Strategic Play ZOOM Badile Nervesa Zibido 3D Milano Seismic Rapagnano Badile Coverage SMG Dora / Dalla Net effective ownership 80%; operated A IT →→ Po Valley (Northern Italy); 45 km SW of SNAM LY analogous ‘Malossa’ gas field Gas →→ Permit located close to Milan, with a tie-in availa
Slide 8: Southern Morocco Strategic Play
TL A Southern Morocco ZOOM Strategic Play Jorf Lasfar Power Plant Sidi Moktar State owned Phosphate Net Effective 25% interest, carried for first Safi Chemicals Plant Plant (OCP) USD 18 m; operated Tahaddart Power 2 x 400 MW →→ Play type: gas discovery (Kechoula) in the Lower Liassic sequence, (73 B
Slide 9: Broader Portfolio
Broader Portfolio Badile Cost Covering Production Zibido (2 licences) Rapagnano SMG Multiple producing onshore assets Dora / Dalla (0.5 MMscf/d) A IT LY Laura Appraisal (6 licences, excluding Strategic Plays) Laura Tendrara I Meridja → Gulf of Taranto (4 km offshore, 200 m water depth) Tendrara II T
Slide 10: Summary, Funding and News Flow
Summary, Funding and News Flow Multi TCF development play at Tendrara Sources Cash & Uses of Funds Summary 45.0 Regional gas strategy underpinned by 35.0 4.5 4.5 2.5 →→ Strong European gas fundamentals 40.0 4.5 4.5 30.0 2.5 →→ Pan European / African Strategic Partnership with Schlumberger 5.2 5.5 35
Slide 11: For more information please contact
For more information please contact: James Parsons Mary Hood Chief Executive Officer EVP, Finance / CFO j.parsons@soundenergyplc.com m.hood@soundenergyplc.com Detailed information on our investor website: www.soundenergyplc.com Disclaimer: The investment mentioned in this document may not be suitabl
Slide 12: Strong Regional Infrastructure
Strong Regional Infrastructure Italian high pressure gas pipeline network Moroccan gas pipeline network Badile Nervesa Zibido Tahaddart Power AN NE Rapagnano 2 x 400 MW E RRA MEDIT Oued SMG Dhar Doum El Makhazine 4 x 400 MW 2 x 400 MW Dora / Dalla Oujda Al Wahda C 4 x 400 MW N TI Rabat T LA A Meridj
Slide 13: Disclaimer
Disclaimer: This presentation and any additional documents handed out at any meeting (together the “Presentation Materials”) have not been approved by (i) the London Stock Exchange plc or by any authority which could be a competent authority for the purposes of the Prospectus Directive (Directive 20
Slide 14: Disclaimer continued
Disclaimer continued: Any recipient of these Presentation Materials who is in any doubt about the investment to which this presentation relates should consult an authorized person specializing in advising on investments of this kind. These Presentation Materials do not constitute a recommendation re