Download - 2014-01-13 Macquarie Conference FINAL
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
1/19
InterOil CorporationMacquarie Oil & Gas Explorers Conference, London
Dr Michael Hession, Chief Executive Officer
13 January 2014
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
2/19
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
3/19
2
Key points
Investable stock based on transparent value
Simple strategy for growth
Premium market, premium prices, premium resource
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
4/19
Premium market
3
Source: OECD; Standard Chartered Research
100
500
1
Asias rising middle class
3
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
5/19
Premium prices
4
, , * $/, 2013
Landed LNG prices*
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
6/19
Premium resource
5
Elk-Antelope multi-tcf field
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
7/196
Strategy
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
8/19
Operating growth
7
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
9/19
8
Developing growth
Transaction positions InterOil for growth
Experienced and world-class LNG partner
Guaranteed fixed payments based on appraised resource
Material equity stake in a fully integrated LNG project
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
10/19
Future growth
9
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
11/19
10
Total deal
Payments schedule
Price
Minority interests
Volume
InterOil-Total SPA
//..//.//..///.
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
12/19
11
Summary
Aggressive exploration program
Gas project with world-class partner
Efficient business and financially stable
First-class team
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
13/19
12
Supplementary slides
Permit status and work program
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
14/19
13
PRL15 Elk-Antelope discovery
Drilling Total S.A. to fund
Appraisal
Up to 3 wells in 2014
Exploration
1 well in 2014
Seismic
107km 2D Antelope Deep 55km 2D Antelope
Due to complete Q2 2014
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
15/19
14
Retention licence approved
54km 2D completed 2013
Well planned 2014
APRL39 Triceratops discovery
2 (2012)
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
16/19
15
PPL 236 Wahoo prospect
1
1
Wahoo 1 spud Q1 2014
Rig being mobilized to site
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
17/19
16
PPL 237 Raptor prospect
Raptor 1 spud Q1 2014
Rig being mobilised to site
1
1
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
18/19
17
PPL 238 Bob Cat prospect
Bob Cat 1 spud Q1 2014
Rig being mobilized to site
89km 2D completed 2014
1
1
-
8/13/2019 2014-01-13 Macquarie Conference FINAL
19/19
1
Resource TrendTriceratops-Bob Cat-Jaguar-Elk-Antelope-Antelope Deep
Antelope Deep