Acreage directory
| Country | Licence | Interest | Status |
|---|
| Thailand |
SinphuHorm |
9.5% |
P&D |
|---|
| L15/43 |
27.2% |
E&A |
| L27/43 |
27.2% |
E&A |
| L13/48 |
16.3% |
A |
| L26/50 |
90% |
E |
| L15/50 |
90% |
E&A |
| B8/38 |
60% |
P,D&E |
| Indonesia |
ONWJ |
5% |
P&D |
|---|
| SES |
5% |
P&D |
| Bontang |
90% |
E&A |
| Simenggaris |
21% |
E&D |
| Kambuna |
50% |
D |
| Bengara |
25% |
E |
| South East Sangatta |
49% |
E |
| Kutai |
23.4% |
E |
| Vietnam |
DBSCL-01 |
100% |
E |
|---|
| Block 31 |
60% |
E |
| Lao PDR |
Savannakhet |
70% |
E |
|---|
| Champasak & Saravan |
20% |
E |
| Philippines |
SC41 |
35% |
E |
|---|
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
- Approx. 15 E&A wells scheduled before end 2010 with over 500 MMboe of net unrisked resource potential
- Added 18 new licenses since end of 2006
- Dual track approach to growth: organic & in-organic
- Disciplined approach to capital allocation across discovered reserves and exploration
Scale
- 2P reserves of 64 MMboe (July 2008)
- Operate over 50% of production in 2009
- 28% CAGR of production forecast 2008-10
- Fully funded for forward programme
- Completed $200 MM equity Placing and Open offer in August 2008
- $200 MM 7 year RBL facility arranged June 2008