Key facts

Acreage directory

 Country                     Licence                        Interest            Status           

             
 
 
Thailand 
 
 
 

 B8/38  100%      P, D & E
 G4/50              100%*  E
 L15/43  27.2%  E & A
 L15/50  50%  E & A
 L26/50  50%  E
 L27/43  27.2%  E & A
 Sinphuhorm  9.5%  P & D

 
Indonesia 
 

 Bangkanai              69%          D & E
 Bengara  41.7%          E
 Bontang          100%      E & A
 Kambuna  50%  P
 Kutai  23.4%  E
 Simenggaris  21%  E & D
 Southeast Sangatta      75%  E
 South Sokang  40%  E

Vietnam
 

 Block 31  35%  E
 Block 101-100/04  30%  E

 Lao PDR

 Champasak & Saravan  20%  E

* subject to Government approval

P: in production
D: under development
A: appraisal
E: exploration

Overview

  • Pure Asian E&P play, well positioned to deliver upside across the region
  • Constituent of FTSE 250 Index of London Stock Exchange
  • Focused on 3 core areas: Gulf of Thailand; East Kalimantan; Central Kalimantan
  • Have material operated positions in 3 core areas all of which contain production and development opportuniries along with exploration and appraisal upside

Scale

  • Proved & probable reserves of 66.3 Mmboe
  • Completed $325m Debt Refinancing in June 2011
  • Operate 60% of production in 2010
  • Fully funded for forward programme
  • $325 MM 7 year RBL facility arranged May 2011