Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — FY2021 Earnings Presentation
15 slides from Nostrum Oil & Gas's earnings presentation, May 2022
Slide 1: Financial Results for the year ended 31 December 2021
Financial Results for the year ended 31 December 2021 May 2022
Slide 2: Disclaimer
This presentation is not an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. This presentation does not contain all of the information that is material to an investor. By attending the presentation or b
Slide 3: 2021 Summary
FY 2021 Financial Results 2021 Summary • Restructuring progressing well with lock-up agreement signed and 99.99% of shareholders voting in favour of the restructuring terms Strategic • 34.3mmboe 2P reserves per annual reserves audit (no de-bookings, stabilised reserves base) • Continued stakeholder
Slide 4: Update on bond restructuring
FY 2021 Financial Results Update on bond restructuring • Agreement reached on restructuring terms with informal ad-hoc committee of noteholders and largest shareholder • 99.99% of shareholders voted in favour of the terms at the General Meeting on 29 April 2022 Agreed restructuring terms Timetable t
Slide 5: Financial review
FY 2021 Financial Results Financial review Revenue / EBITDA (US$m) Cost management (US$m) 1 Revenue Operating costs 322 2 EBITDA General & Administrative expenses 3 Sales & Transportation 4 Production and sales taxes 125 200 195 23 176 88 82 41 14 112 17 28 80 19 22 14 12 41 32 32 2019 2020 2021 201
Slide 6: Operational review
FY 2021 Financial Results Operational review Production and sales (boepd)1 • 2021 average production volumes available for sales Production volumes 17,032 boepd Sales volumes 28,540 26,626 ➢ Crude/condensate: 6,877 boepd (40%) 22,202 21,519 ➢ LPG: 2,065 boepd (12%) 17,032 15,330 ➢ Dry gas: 8,090 boe
Slide 7: Health & Safety
FY 2021 Financial Results Health & Safety Sustainability is integral to our business with Health & Safety Incident rates COVID-19 being a key pillar Lost Time Injury National vaccination rate (%) Total Recordable Incidents Nostrum vaccination rate (%) 31 78 Providing a safe work environment 25 for o
Slide 8: Our commitment to ESG
FY 2021 Financial Results Our commitment to ESG Environmental, Social & Governance is an integral pillar of our Sustainability strategy Environment Social Governance • Increased transparency and reporting • Company took part in several local • Adherence to the highest standards community activities
Slide 9: Gearing up for the future
FY 2021 Financial Results Gearing up for the future DELIVERING OPTIMISING MAXIMISING Commercialise spare capacity in Finalise the restructuring Production from Chinarevskoye world-class processing facilities Comprehensive ESG roadmap for a Sales routes for optimal netbacks Adding to reserves sustain
Slide 10: Q&A
4 nostrum Cues Q&A 10
Slide 11: Supporting materials
Oil&Gas Supporting materials 11
Slide 12: Infrastructure hub in North-western Kazakhstan
FY 2021 Financial Results Infrastructure hub in North-western Kazakhstan Fully commissioned 4.2bcm gas Regional opportunities to utilise Attractive access routes to multiple plant spare capacity export and domestic markets • Unique to North-West Kazakhstan • Ural Oil & Gas volumes expected from Q3 2
Slide 13: Consolidated Statement of Financial Position
FY 2021 Financial Results Consolidated Statement of Financial Position 13
Slide 14: Consolidated Statement of Comprehensive Income
FY 2021 Financial Results Consolidated Statement of Comprehensive Income 14
Slide 15: Consolidated Statement of Cash Flows
FY 2021 Financial Results Consolidated Statement of Cash Flows 15