PT Medco Energi Internasional Tbk : Fact Book 9M25

About this update from Pt Medco Energi Internasional Tbk

MEDCOENERGI 9M 2025 Fact Book PT Medco Energi Internasional Tbk (IDX Ticker: MEDC) Financial Data 9M 2025 Consolidated Financials 4 Consolidated Capex Guidance 5 Operational Data Oil and Gas Production and Lifting 7 Reserves and Resources 8 Asset Portfolio 9 - 10 Simplified Funds Flow Structure 11 - 12 Active Gas Contracts 13 - 15 Debt Info Debt Maturity Profile: Bullet vs Installment Per 30 Sep 2025 17 ESG Sustainability Report 19 Tracking Our Climate Commitments and ESG Performance 20 2 Financial Data Profitability Ratios (%) 9M 2025 9M 2024 YoY ∆% Gross Margin 37.5 38.1 (1.7) Operating Margin 28.6 30.1 (5.0) EBITDA Margin 53.9 54.9 (1.9) Net Income Margin 4.9 15.3 (68.2) Financial Ratios (x) 9M 2025 9M 2024 YoY ∆% Current Ratio 1.4 1.2 11.8 Debt to Equity 1.7 1.6 8.4 EBITDA to Interest 4.4 6.0 (26.1) Net Debt to EBITDA 2.3 2.0 13.5 Profit & Loss (US$ mn) 9M 2025 9M 2024 YoY ∆% Revenue 1,757 1,783 (1.5) - Oil and gas 1,598 1,611 (0.8) - Power 133 163 (17.9) - Services 25 10 158.4 DDA 437 436 0.3 Gross Profit 658 680 (3.1) S, G & A 149 137 9.4 Operating Income 503 537 (6.4) EBITDA 946 979 (3.4) Net Income 86 273 (68.7) Balance Sheet (US$ mn) 9M 2025 9M 2024 YoY ∆% Cash and cash equivalents 1 755 672 12.5 Investments 1,788 1,811 (1.3) Fixed Assets 3,711 3,243 14.4 Total Assets 8,423 7,682 9.6 Total Liabilities 6,038 5,436 11.1 - Loans 1,688 1,134 48.8 - Bonds 1,973 2,187 (9.8) - Other Liabilities 2,378 2,115 12.4 Equity 2,385 2,246 6.2 Includes restricted cash 4 E&P Capex 2021 2022 2023 2024 9M 2025 2025 Guidance 2026 Guidance Actual 83 231 262 365 276 Facilities Development Drilling 43 21 116 106 121 131 168 176 156 103 400 415 Exploration 20 10 10 21 16 Power 2 Capex (USD mn) Power Capex 2021 2022 2023 2024 9M 2025 2025 Guidance 2026 Guidance Actual 30 33 71 70 21 Gas IPP Geothermal 15 8 29 3 52 19 27 35 12 5 30 15 Solar PV & Other Renewables 7 1 1 8 5 5 2024 & 9M 2025 included Oman 60 Capex Medco Power Net Working Interest E&P 1 Capex (USD mn) Operational Data Asset Working Interest Indonesia Assets Corridor 70.0% Senoro Toili 30.0% Blok B Natuna 40.0% South Sumatera Block 65.0% Block A 85.0% Madura 67.5% Rimau 65.0% Lematang 100.0% Bangkanai 70.0% Simenggaris 62.5% Tarakan 100.0% Sampang 45.0% Production YTD Sep 2025 Oil Gas Total mbopd mmscfd mboepd 2.1 297.8 55.6 2.1 94.0 20.4 6.3 62.7 18.1 1.5 34.9 8.2 0.7 25.9 5.3 0.0 20.3 3.6 2.7 2.3 3.0 0.0 15.2 2.6 0.3 11.3 2.4 0.0 7.7 1.4 0.9 2.2 1.3 0.0 5.1 1.0 16 .6 579 .3 122 .8 12 7.0 13.2 4.5 0.0 4.5 0.0 0.0 0.0 16 .3 7 .0 17 .7 Lifting YTD Sep 2025 Oil Gas Total mbopd bbtupd mboepd 1.8 280.7 50.4 1.9 103.0 19.8 6.3 52.8 15.0 1.5 31.4 7.2 0.6 20.4 4.2 0.0 18.8 2.5 2.7 0.0 2.7 0.0 13.1 2.2 0.3 11.9 2.4 0.0 7.9 1.3 0.8 2.0 1.2 0.0 5.1 0.9 16 .1 547 .1 109 .9 11.8 5.5 12.7 5.2 0.0 5.2 0.0 0.0 0.0 17 .0 5 .5 17 .9 Total International Assets Oman 60 20.0% Bualuang 100.0% Yemen 9 25.0% Total Oman KSF 58.5% Total Production - with Service Contract 9.0 0.0 9.0 9.0 0.0 9.0 33 .0 552 .6 127 .8 33 586 140 .5 Total All Production Service Contract 41 .9 586 .3 149 .5 42 .0 552 .6 136 .8 7 As of 30 Sep 2025: Classification Proved Reserves Proved & Probable Reserves Contingent Resources Oil Gas Total Oil Gas Total Oil Gas Total mbbls mmscf mboe mbbls mmscf mboe mbbls mmscf mboe Domestic West Indonesia 23,047 766,472 161,466 29,452 1,162,753 239,792 40,628 1,311,594 277,111 East & Central Indonesia Total Domestic 13,340 741,662 154,016 21,114 1,020,570 214,967 17,102 895,405 180,356 36,387 1,508,134 315,482 50,566 2,183,323 454,759 57,730 2,206,999 457,467 International International Asset Total International Grand Total Domestic Proved Developed Reserves International Proved Developed Total Proved Developed Reserves 39,679 48,300 48,973 61,055 64,689 73,502 27,985 3,094,709 565,983 39,679 48,300 48,973 61,055 64,689 73,502 27,985 3,094,709 565,983 76,066 1,556,435 364,454 111,621 2,248,012 528,260 85,715 5,301,708 1,023,451 24,226 726,307 157,271 29,709 6,486 30,957 53,935 732,793 188,228 9M 2025 2P Reserves Life Index (RLI) Years 11.2 9M 2025 2P Reserves Replacement Ratio (RRR) 5 - Years Average (%) 187 9M 2025 2P Finding, Development and Acquisition Cost 5 - Years Average (USD/boe) 5.8 8 Indonesia Assets Asset Working Interest Expiry Area (Km 2 ) 9M 2025 Production Operator Partner Type of Contract Profit Share to Contractor 1 (%) Crude Oil Natural Gas Corridor 70.0% 2043 2,095 55.6 MedcoEnergi Pertamina Hulu Energi Corridor 30% PSC Cost Recovery 22.29 39 Senoro-Toili 30.0% 2047 451 20.4 JOB Pertamina - MedcoEnergi Pertamina 50% Tomori E&P Limited 20% PSC Cost Recovery 35 40 South Natuna Sea Block B 40.0% 2028 11,155 18.1 MedcoEnergi Medco Daya Natuna 35% Prime Natuna Inc. 25% PSC Cost Recovery 15 35 South Sumatra Block 65.0% 2033 4,470 8.2 MedcoEnergi Medco Daya Makmur 35% PSC Cost Recovery 12.5 27.5 Block A, Aceh 85.0% 2031 1,681 5.3 MedcoEnergi Medco Daya Energi Nusantara 15% PSC Cost Recovery 15 40 Madura Offshore - Meliwis 77.5% 2027 849 3.2 MedcoEnergi Petronas 22.5% PSC Cost Recovery 20 35 Madura Offshore - 67.5% 0.3 MedcoEnergi Petronas 22.5% PSC Cost Recovery 20 35 Rimau 60.0% 2043 1,103 3.0 MedcoEnergi Bahtera Daya Makmur 35% Sumsel Energi Rimau 5% PSC Gross Split 58 - 61 48 Lematang 100.0% 2027 409 2.6 MedcoEnergi - PSC Cost Recovery 15 29.5 Bangkanai 70.0% 2033 1,385 2.4 MedcoEnergi Saka Bangkanai Klemantan 30% PSC Cost Recovery 15 35 Simenggaris 62.5% 2028 546 1.4 JOB Pertamina - MedcoEnergi Pertamina Hulu Energi Simenggaris 37.5% PSC Cost Recovery 15 35 Tarakan 100.0% 2042 180 1.3 MedcoEnergi - PSC Gross Split 58 - 63 65 - 67 Sampang 45.0% 2027 534 1.0 MedcoEnergi Singapore Petroleum Sampang 40% Cue Sampang Energy Pty 15% PSC Cost Recovery 20 35 Sakakemang 45% 2 2040 N/A - MedcoEnergi PC Sakakemang B.V. (Petronas) 45% MOECO 10% PSC Cost Recovery 26.8 37.5 North Sokang 100.0% 2040 1,124 - MedcoEnergi - PSC Cost Recovery 35 40 West Bangkanai 70.0% 2043 5,463 - MedcoEnergi Saka Energi Bangkanai Barat 30% PSC Cost Recovery 25 35 South Sakakemang 80.0% 2 2049 N/A - MedcoEnergi MOECO 20% PSC Gross Split 39 - 41 39 - 44 Beluga 100.0% 2053 8 - MedcoEnergi - PSC Cost Recovery 40 45 Amanah 40.0% 2054 1,753 - MedcoEnergi Sele Raya Sejati 30% KUFPEC Indonesia 30% PSC Cost Recovery 40 45 Production Development Exploration 9 1) Effective Post-Government tax and any potential DMO and any local government taxes. Effective Oct 2025, post-acquisition of Repsol's operating interest International Assets Country Asset Working Interest Expiry Area (Km 2 ) 9M 2025 Production Operator Partner Type of Contract Profit Share to Contractor 1 (%) Crude Oil Natural Gas Oman Karim Small Fields 58.5% 2040 907 9.0 MedcoEnergi Oman Oil Company 25% Eng. Abdul Rahman Barham 7.5% Vision Oil&Gas 5% Petrovest General Trade 4% Service Agreement 12 - 30 N/A Block 60 20.0% 2048 1,485 13.2 OQ Exploration & Production LLC OQ Exploration & Production LLC 60% Medco Daya Oman Block 60 Pte Ltd 20% EPSA 32 - 35 Depend on oil price 20 - 40 Depend on production rate Thailand Bualuang 100.0% 2035 377 4.5 MedcoEnergi - Concession N/A N/A Yemen Block 9 Malik 21.25% 2030 4,728 0.0 Calvalley Petroleoum Ltd. Calvalley Petroleoum Ltd 42.5% Hood Oil Ltd 21.25% PSA 20 - 30 Depend on N/A Tanzania Blocks 1 and 4 2 20.0% 2028 12,296 - Shell Shell 60% Pavilion Energy 20% PSA 37.5 - 60 Depend on production rate TBD Oman Block 48 20.0% 2025 2,995 - OQ Exploration & Production LLC OQ Exploration & Production LLC 60% Medco Daya Oman Block 48 Pte Ltd 20% EPSA 20 - 30 Depend on oil price and production rate 20 - 40 Depend on production rate Block 56 5.0% 2045 5,808 - Tethys Oil Tethys 65% Biyaq LLC 25% Intaj LLC 5% EPSA 12.5 - 25 Depend on production rate 25 - 30 Depend on production rate Mexico Block 10 3 20.0% 2023 1,999 - Repsol Repsol 40% Petronas 40% PSC N/A N/A Block 12 3 20.0% 2023 3,099 - Petronas Petronas 60% PTTEP 20% PSC N/A N/A Production Development Exploration Effective Prior-Government tax and any potential DMO and any local government taxes. A new exploration license and an exploration license extension have been granted by the Ministry of Energy of Tanzania. Mexico Block 10&12 is in relinquishment process, waiting for government approval to close the relinquishment process. 10

View stock analysis, news, and events for Pt Medco Energi Internasional Tbk