Victoria Oil & Gas Plc is the first company to produce natural gas in Cameroon. It owns 57% of the Logbaba gas field, which has 212 billion cubic feet of proven and probable reserves. Victoria plans to grow production at Logbaba to supply industrial customers in Douala via a new pipeline network. It aims to become a leading gas supplier in Cameroon and acquire other companies to grow into a mid-sized exploration and production firm within three years.
The document summarizes a presentation by Victoria Oil & Gas (VOG) about its oil and gas assets and operations. Key points include: VOG has significant natural gas resources in Cameroon and Russia, with its Logbaba field in Cameroon poised to deliver first revenues in late 2010; Logbaba has over 300 feet of pay across two wells and testing showed production rates from 11-56 MMscf/d; VOG plans to install its own gas processing and pipeline to connect Logbaba to industrial customers; VOG's West Med field in Russia has over 1 billion barrels of prospective resources and is located near a supergiant gas field.
Victoria Oil & Gas Plc is an emerging player in natural gas production in Cameroon. It has discovered the Logbaba gas and condensate field, the only onshore gas discovery in Cameroon. Drilling at Logbaba has encountered over 600 feet of gross sandstone pay across two wells. Victoria Oil & Gas plans to install gas processing facilities and a pipeline to deliver first revenues from Logbaba in Q4 2010 and tap into Cameroon's growing demand for natural gas.
Aveda energy investor presentation october 2012AvedaEnergy
This presentation provides an overview of Aveda Transportation and Energy Services to investors. It summarizes that Aveda is a growing provider of specialized oilfield hauling and rentals in the US and Western Canada. It also outlines Aveda's management team and board, capitalization details, balance sheet summary, and largest shareholders. The presentation contains forward-looking statements and identifies risks to projections.
AMG is expanding its lithium production capabilities in Brazil through a multi-phase project. Phase I involves constructing a plant to produce 90,000 MT of lithium concentrate per year. Phase II, approved with $110M CAPEX, will double concentrate production to 180,000 MT annually by adding a second plant. Subject to Phase III approval, AMG aims to downstream convert concentrate to lithium carbonate, targeting an integrated production cost of around $4,000/MT. The expansion leverages AMG's existing tantalum operations and infrastructure at its long-operating Mibra mine.
This document provides an overview and update from Pembina Pipeline Corporation. It begins with forward-looking statements and information disclosures. It then discusses Pembina's value proposition as an efficient, well-managed midstream company with a solid business platform and growth opportunities. The document reviews Pembina's corporate profile, businesses, operating areas, recent developments, financial performance, and the oil sands and heavy oil business in more detail. It provides capital spending plans for 2013 with a focus on expanding pipeline capacity. In summary, the document outlines Pembina's operations and growth strategy as a leading North American midstream company.
London Stock Exchange Investor Day Presentationsoumoin
Gasol is an Africa-focused gas company that aims to monetize stranded and marginal gas reserves in the Gulf of Guinea region through small-scale LNG projects. It plans to aggregate multiple small gas fields and use innovative liquefaction technologies to produce LNG for export markets. Gasol's strategy is focused on rapidly monetizing gas reserves through cost-effective midstream solutions and partnerships along the gas value chain to deliver 5MT of LNG per year over the next decade. The Gulf of Guinea region represents a significant opportunity due to its large untapped gas reserves that are well-positioned to supply growing global LNG demand.
2012 Management Day London/New York - Global Gas Perspectives and Asia Pacifi...Shell plc
Shell hosted a management day with investors in London (Wednesday 14th November 2012) and New York (Thursday 15th November 2012) focusing on global gas perspectives and Asia Pacific outlook. Presentations were lead by Chief Executive Officer, Peter Voser and Chief Financial Officer, Simon Henry followed by Andrew Brown (Director Upstream International) and Matthias Bichsel (Director Projects & Technology).
The document summarizes Chevron's third quarter 2008 earnings conference call. It discusses Chevron's Q3 2008 earnings of $7.9 billion, an update on upstream production including impacts from hurricanes, the status of major capital projects, and other highlights in upstream operations. Representatives from Chevron's executive team presented on topics such as earnings components, production by region, and progress on key projects.
The document summarizes a presentation by Victoria Oil & Gas (VOG) about its oil and gas assets and operations. Key points include: VOG has significant natural gas resources in Cameroon and Russia, with its Logbaba field in Cameroon poised to deliver first revenues in late 2010; Logbaba has over 300 feet of pay across two wells and testing showed production rates from 11-56 MMscf/d; VOG plans to install its own gas processing and pipeline to connect Logbaba to industrial customers; VOG's West Med field in Russia has over 1 billion barrels of prospective resources and is located near a supergiant gas field.
Victoria Oil & Gas Plc is an emerging player in natural gas production in Cameroon. It has discovered the Logbaba gas and condensate field, the only onshore gas discovery in Cameroon. Drilling at Logbaba has encountered over 600 feet of gross sandstone pay across two wells. Victoria Oil & Gas plans to install gas processing facilities and a pipeline to deliver first revenues from Logbaba in Q4 2010 and tap into Cameroon's growing demand for natural gas.
Aveda energy investor presentation october 2012AvedaEnergy
This presentation provides an overview of Aveda Transportation and Energy Services to investors. It summarizes that Aveda is a growing provider of specialized oilfield hauling and rentals in the US and Western Canada. It also outlines Aveda's management team and board, capitalization details, balance sheet summary, and largest shareholders. The presentation contains forward-looking statements and identifies risks to projections.
AMG is expanding its lithium production capabilities in Brazil through a multi-phase project. Phase I involves constructing a plant to produce 90,000 MT of lithium concentrate per year. Phase II, approved with $110M CAPEX, will double concentrate production to 180,000 MT annually by adding a second plant. Subject to Phase III approval, AMG aims to downstream convert concentrate to lithium carbonate, targeting an integrated production cost of around $4,000/MT. The expansion leverages AMG's existing tantalum operations and infrastructure at its long-operating Mibra mine.
This document provides an overview and update from Pembina Pipeline Corporation. It begins with forward-looking statements and information disclosures. It then discusses Pembina's value proposition as an efficient, well-managed midstream company with a solid business platform and growth opportunities. The document reviews Pembina's corporate profile, businesses, operating areas, recent developments, financial performance, and the oil sands and heavy oil business in more detail. It provides capital spending plans for 2013 with a focus on expanding pipeline capacity. In summary, the document outlines Pembina's operations and growth strategy as a leading North American midstream company.
London Stock Exchange Investor Day Presentationsoumoin
Gasol is an Africa-focused gas company that aims to monetize stranded and marginal gas reserves in the Gulf of Guinea region through small-scale LNG projects. It plans to aggregate multiple small gas fields and use innovative liquefaction technologies to produce LNG for export markets. Gasol's strategy is focused on rapidly monetizing gas reserves through cost-effective midstream solutions and partnerships along the gas value chain to deliver 5MT of LNG per year over the next decade. The Gulf of Guinea region represents a significant opportunity due to its large untapped gas reserves that are well-positioned to supply growing global LNG demand.
2012 Management Day London/New York - Global Gas Perspectives and Asia Pacifi...Shell plc
Shell hosted a management day with investors in London (Wednesday 14th November 2012) and New York (Thursday 15th November 2012) focusing on global gas perspectives and Asia Pacific outlook. Presentations were lead by Chief Executive Officer, Peter Voser and Chief Financial Officer, Simon Henry followed by Andrew Brown (Director Upstream International) and Matthias Bichsel (Director Projects & Technology).
The document summarizes Chevron's third quarter 2008 earnings conference call. It discusses Chevron's Q3 2008 earnings of $7.9 billion, an update on upstream production including impacts from hurricanes, the status of major capital projects, and other highlights in upstream operations. Representatives from Chevron's executive team presented on topics such as earnings components, production by region, and progress on key projects.
The document discusses production sharing contracts (PSCs), which are agreements between contractors and governments for oil and gas exploration. Under a PSC, the contractor bears all costs and risks of exploration in exchange for a share of production if commercial discoveries are made. The main elements of PSCs discussed are management committees, minimum work programs, and provisions for cost recovery and profit sharing between contractors and governments. Recent disputes between contractors and governments around cost recovery and royalty payments are also summarized.
- EOG Resources Inc. is acquiring Yates Petroleum Corporation for $2.5 billion, adding 1.6 million net acres to its portfolio.
- The acquisition significantly increases EOG's core positions in the Delaware Basin, Powder River Basin, and Northwest Shelf, providing an additional 1,740 net premium drilling locations and estimated premium net resource potential of 1.6 billion barrels of oil equivalent.
- The transaction will be completed through the issuance of $2.3 billion in EOG equity and $151 million in cash and debt assumption, and is expected to close in early October.
This document summarizes Foyson Resources Limited's acquisition of IGE's waste plastic conversion technologies and the Berkeley Vale commercial facility. Key points include:
- Foyson will acquire IGE's technologies and licenses, as well as the Berkeley Vale site and management team, subject to shareholder approval.
- Consideration includes 130 million shares and 75 million options to IGE upon facility completion and 15 million shares and 70 million options upon achieving $5 million EBITDA.
- Foyson plans to raise $4.25 million to expand the facility to 200 tons/day and increase utilization, with funds from a promissory note, placements, and a rights issue.
- The expanded facility
This document provides a summary of key oil and gas companies in Asia for the first quarter of 2012. The main points are:
1) Upstream oil and gas production performed strongly for PetroChina and Sinopec in China, while CNOOC's offshore production declined again.
2) PetroChina and CNOOC were clear winners based on their first quarter earnings results, while Sinopec's shares grew less due to its more integrated operations.
3) The analyst maintains a preference for upstream-focused companies and upgrades their rating for CNOOC while lowering it for Sinopec.
1. In 2012, affiliates of Apollo Global Management, Riverstone Holdings, Access Industries, and KNOC acquired EP Energy from El Paso Corporation for $7.2 billion.
2. The acquisition was attractive due to EP Energy's oil and natural gas acreage in profitable regions like the Niobrara, Eagle Ford, and Wolf Camp fields.
3. EP Energy is an oil and gas exploration and production company with assets in the US, Brazil, and Egypt. The $7.2 billion acquisition was financed through equity investments, debt issuances, and term loans.
This presentation provides an overview of National Automation Services (NAS) and argues that its stock is undervalued relative to peers. NAS acquires and operates oilfield services companies, with its first acquisition being JD Field Services in 2014. The presentation discusses NAS's business strategy, JD's financial results and customer base, projections for NAS's growth in revenues, earnings, and share price through 2015-2016 both with and without further acquisitions. Management backgrounds are presented to demonstrate their experience in oilfield services, finance, and mergers and acquisitions.
The August 2012 investor presentation by Guyana Goldfields Inc. provides an overview of the company and its Aurora Gold Project in Guyana, South America. Key points include:
- The company has a new leadership team with development expertise to advance the Aurora Gold Project.
- The Aurora Gold Project is planned to be the next producing gold mine in Guyana, with over 6 million ounces of gold in measured and indicated resources.
- The company has received all necessary permits and is ready for construction.
- A new bankable feasibility study is underway to improve the project's economics.
- The company has over 400,000 acres of land in a prospective greenstone belt, and has made two new
Guyana Goldfields August 2012 Investor Presentationjwagenaar734
The presentation summarizes Guyana Goldfields' August 2012 investor presentation. It discusses the company's Aurora Gold Project in Guyana, South America, which contains over 6 million ounces of gold resources. A new leadership team is working to improve the project's economics through an updated bankable feasibility study focusing on staged development and optimized mining methods. The company has secured all necessary permits and is advancing infrastructure construction to become the next producing gold mine in Guyana.
- The document is an investor presentation that provides forward-looking statements and information about risks and uncertainties that could impact financial performance.
- It notes that statements in the presentation regarding prospects, financial performance, dividend growth, management plans and other matters are forward-looking.
- The presentation directs investors to SEC filings for additional information about the proposed merger between SemGroup and Rose Rock Midstream.
This document provides an investment analysis of BP (British Petroleum). It summarizes BP's history dating back to 1909, highlights its involvement in the 2010 Gulf of Mexico oil spill, and analyzes its financial performance, competitors, and position in the energy industry. The analysis finds that while BP took a financial hit from the spill, its earnings and goodwill have increased in recent years. It recommends BP as a suitable investment for long-term, low-risk investors due to its improving ratios and dividend yield, though it is still recovering from the 2010 spill.
Progress Energy held a financial conference in Phoenix, Arizona on November 10-11, 2008. The conference focused on providing an overview of the company including its growth strategy and regulatory updates. Progress Energy is the largest regulated electric utility in the US with significant projected rate base growth through 2010 driven by investments in its regulated operations in North Carolina and Florida. Regulatory proceedings in both states approved various cost recovery filings which will support continued investment and earnings growth.
Socially responsible investors briefing, London, April 18th 2012Shell plc
Peter Voser, Chief Executive Officer and Chad Holliday, Non-Executive Director and Chairman of the Corporate and Social Responsibility Committee presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Hillcrest Petroleum Ltd., headquartered in Houston Texas, is a publicly traded independent oil and gas production company. Hillcrest announced a partnership with a private Alberta company on February 21, 2017 whereby Hillcrest will earn a minimum 50% Working Interest and become the Operator of record in two petroleum assets located in Western Canada. Hillcrest and their joint venture partner will work together to restore the fields to their immediate production capacity estimated to be over 400 barrels of oil per day. Technical review of the fields indicates they may and should be able to produce multiples of the immediate amount through further work over and development of the acreages. Hillcrest also is a working interest partner in 4 oil and gas wells in Newton County Texas. Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets in the United States and Canada. The Company’s business plan in any acquisition or asset development is to be the operator of the asset or to hold a majority working interest where available. Hillcrest Petroleum Ltd. shares are publicly traded on the TSX.V under the symbol HRH and in the USA under the symbol HLRTF.
- Teekay LNG Partners owns and operates liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers under long-term, fixed-rate charters and is focused on expanding its fleet through acquisitions and new project opportunities.
- The presentation discusses Teekay LNG's growth opportunities through bidding on new LNG shipping and regasification projects and securing long-term contracts for two new LNG carrier newbuildings.
- Forward-looking statements note factors like availability of LNG shipping projects, changes in LNG/LPG production or trading patterns, and market fundamentals that could impact Teekay LNG's growth opportunities and ability to secure new
Trevali Mining Corporation has commenced zinc and lead-silver concentrate production from its Santander Mine in Peru. The crushing, grinding, flotation and tailings circuits at the metallurgical plant are operational and undergoing commissioning and optimization. The mill is currently processing over 150,000 tonnes of stockpiled mineralized material. Trevali aims to ramp up operations at Santander to the planned throughput of 2,000 tonnes per day. This marks a major achievement for Trevali in commencing metal concentrate production from their Santander Mine.
PAAS investor presentation November 2021SirenFisekci
This presentation provides an overview of Pan American Silver Corp., a large primary silver mining company with operations located in the Americas. It highlights three major catalysts for growing shareholder value: 1) a new discovery at its La Colorada mine in Mexico with estimated silver resources; 2) its Escobal mine in Guatemala, currently not operating, which has significant silver reserves; and 3) its undeveloped Navidad project in Argentina with large silver resources. It also discusses Pan American's diversified asset portfolio, focus on responsible operations and ESG performance, and track record of returning value to shareholders.
Jp energy mlpa conference jun2016-finalir_jpenergy
MLPA Investor Conference held in June 2016. The presentation discusses JP Energy Partners LP (JPEP), a publicly traded MLP that operates in crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales. It provides an overview of each segment's assets and operations. The presentation also notes that JPEP has achieved growth through acquisitions and expansion projects since its inception in 2013.
Shell gives green light to invest in LNG CanadaShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc and Maarten Wetselaar, Integrated Gas & New Energies Director, will host a live audio webcast on Tuesday October 2, 2018 at 14:00 BST (15:00 CEST / 09:00 EDT / 06:00 PDT) about the final investment decision (FID) on LNG Canada on October 2, 2018.
Victoria Oil & Gas (VOG) is an oil and gas exploration and production company focused on Africa and the Former Soviet Union (FSU). VOG's key asset is the Logbaba gas field in Cameroon, which is expected to become a significant cash flow driver for the company with first commercial gas deliveries by mid-2010. VOG also has exploration assets in Russia, Kazakhstan, Ethiopia and Mali totaling over 1.5 billion barrels of oil equivalent of resources. The company aims to build production in Africa while pursuing long-term exploration potential in the FSU.
VOG owns the Logbaba gas field in Cameroon which contains proven reserves of 14 million barrels of oil equivalent. Phase 1 of the development plan is to drill a new well and install facilities to produce and sell 12 million cubic feet per day of gas to local industrial customers. VOG also has exploration assets in Russia, Kazakhstan, Ethiopia, and Mali totaling over 1.1 billion barrels of oil equivalent of prospective resources. The Logbaba field and future cash flow is expected to transform VOG into a leading energy supplier in Cameroon.
VOG is an oil and gas exploration company listed on AIM that has assets in Cameroon and Russia. In Cameroon, VOG has commenced drilling of the first appraisal well at the Logbaba gas field, which was discovered in the 1950s. The first well at Logbaba encountered gas-bearing sands and is expected to reach total depth within 2-3 weeks. VOG also plans to conduct passive seismic surveys over Logbaba and its West Medvezhye gas field in Russia to identify additional exploration targets.
The document discusses production sharing contracts (PSCs), which are agreements between contractors and governments for oil and gas exploration. Under a PSC, the contractor bears all costs and risks of exploration in exchange for a share of production if commercial discoveries are made. The main elements of PSCs discussed are management committees, minimum work programs, and provisions for cost recovery and profit sharing between contractors and governments. Recent disputes between contractors and governments around cost recovery and royalty payments are also summarized.
- EOG Resources Inc. is acquiring Yates Petroleum Corporation for $2.5 billion, adding 1.6 million net acres to its portfolio.
- The acquisition significantly increases EOG's core positions in the Delaware Basin, Powder River Basin, and Northwest Shelf, providing an additional 1,740 net premium drilling locations and estimated premium net resource potential of 1.6 billion barrels of oil equivalent.
- The transaction will be completed through the issuance of $2.3 billion in EOG equity and $151 million in cash and debt assumption, and is expected to close in early October.
This document summarizes Foyson Resources Limited's acquisition of IGE's waste plastic conversion technologies and the Berkeley Vale commercial facility. Key points include:
- Foyson will acquire IGE's technologies and licenses, as well as the Berkeley Vale site and management team, subject to shareholder approval.
- Consideration includes 130 million shares and 75 million options to IGE upon facility completion and 15 million shares and 70 million options upon achieving $5 million EBITDA.
- Foyson plans to raise $4.25 million to expand the facility to 200 tons/day and increase utilization, with funds from a promissory note, placements, and a rights issue.
- The expanded facility
This document provides a summary of key oil and gas companies in Asia for the first quarter of 2012. The main points are:
1) Upstream oil and gas production performed strongly for PetroChina and Sinopec in China, while CNOOC's offshore production declined again.
2) PetroChina and CNOOC were clear winners based on their first quarter earnings results, while Sinopec's shares grew less due to its more integrated operations.
3) The analyst maintains a preference for upstream-focused companies and upgrades their rating for CNOOC while lowering it for Sinopec.
1. In 2012, affiliates of Apollo Global Management, Riverstone Holdings, Access Industries, and KNOC acquired EP Energy from El Paso Corporation for $7.2 billion.
2. The acquisition was attractive due to EP Energy's oil and natural gas acreage in profitable regions like the Niobrara, Eagle Ford, and Wolf Camp fields.
3. EP Energy is an oil and gas exploration and production company with assets in the US, Brazil, and Egypt. The $7.2 billion acquisition was financed through equity investments, debt issuances, and term loans.
This presentation provides an overview of National Automation Services (NAS) and argues that its stock is undervalued relative to peers. NAS acquires and operates oilfield services companies, with its first acquisition being JD Field Services in 2014. The presentation discusses NAS's business strategy, JD's financial results and customer base, projections for NAS's growth in revenues, earnings, and share price through 2015-2016 both with and without further acquisitions. Management backgrounds are presented to demonstrate their experience in oilfield services, finance, and mergers and acquisitions.
The August 2012 investor presentation by Guyana Goldfields Inc. provides an overview of the company and its Aurora Gold Project in Guyana, South America. Key points include:
- The company has a new leadership team with development expertise to advance the Aurora Gold Project.
- The Aurora Gold Project is planned to be the next producing gold mine in Guyana, with over 6 million ounces of gold in measured and indicated resources.
- The company has received all necessary permits and is ready for construction.
- A new bankable feasibility study is underway to improve the project's economics.
- The company has over 400,000 acres of land in a prospective greenstone belt, and has made two new
Guyana Goldfields August 2012 Investor Presentationjwagenaar734
The presentation summarizes Guyana Goldfields' August 2012 investor presentation. It discusses the company's Aurora Gold Project in Guyana, South America, which contains over 6 million ounces of gold resources. A new leadership team is working to improve the project's economics through an updated bankable feasibility study focusing on staged development and optimized mining methods. The company has secured all necessary permits and is advancing infrastructure construction to become the next producing gold mine in Guyana.
- The document is an investor presentation that provides forward-looking statements and information about risks and uncertainties that could impact financial performance.
- It notes that statements in the presentation regarding prospects, financial performance, dividend growth, management plans and other matters are forward-looking.
- The presentation directs investors to SEC filings for additional information about the proposed merger between SemGroup and Rose Rock Midstream.
This document provides an investment analysis of BP (British Petroleum). It summarizes BP's history dating back to 1909, highlights its involvement in the 2010 Gulf of Mexico oil spill, and analyzes its financial performance, competitors, and position in the energy industry. The analysis finds that while BP took a financial hit from the spill, its earnings and goodwill have increased in recent years. It recommends BP as a suitable investment for long-term, low-risk investors due to its improving ratios and dividend yield, though it is still recovering from the 2010 spill.
Progress Energy held a financial conference in Phoenix, Arizona on November 10-11, 2008. The conference focused on providing an overview of the company including its growth strategy and regulatory updates. Progress Energy is the largest regulated electric utility in the US with significant projected rate base growth through 2010 driven by investments in its regulated operations in North Carolina and Florida. Regulatory proceedings in both states approved various cost recovery filings which will support continued investment and earnings growth.
Socially responsible investors briefing, London, April 18th 2012Shell plc
Peter Voser, Chief Executive Officer and Chad Holliday, Non-Executive Director and Chairman of the Corporate and Social Responsibility Committee presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Hillcrest Petroleum Ltd., headquartered in Houston Texas, is a publicly traded independent oil and gas production company. Hillcrest announced a partnership with a private Alberta company on February 21, 2017 whereby Hillcrest will earn a minimum 50% Working Interest and become the Operator of record in two petroleum assets located in Western Canada. Hillcrest and their joint venture partner will work together to restore the fields to their immediate production capacity estimated to be over 400 barrels of oil per day. Technical review of the fields indicates they may and should be able to produce multiples of the immediate amount through further work over and development of the acreages. Hillcrest also is a working interest partner in 4 oil and gas wells in Newton County Texas. Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets in the United States and Canada. The Company’s business plan in any acquisition or asset development is to be the operator of the asset or to hold a majority working interest where available. Hillcrest Petroleum Ltd. shares are publicly traded on the TSX.V under the symbol HRH and in the USA under the symbol HLRTF.
- Teekay LNG Partners owns and operates liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers under long-term, fixed-rate charters and is focused on expanding its fleet through acquisitions and new project opportunities.
- The presentation discusses Teekay LNG's growth opportunities through bidding on new LNG shipping and regasification projects and securing long-term contracts for two new LNG carrier newbuildings.
- Forward-looking statements note factors like availability of LNG shipping projects, changes in LNG/LPG production or trading patterns, and market fundamentals that could impact Teekay LNG's growth opportunities and ability to secure new
Trevali Mining Corporation has commenced zinc and lead-silver concentrate production from its Santander Mine in Peru. The crushing, grinding, flotation and tailings circuits at the metallurgical plant are operational and undergoing commissioning and optimization. The mill is currently processing over 150,000 tonnes of stockpiled mineralized material. Trevali aims to ramp up operations at Santander to the planned throughput of 2,000 tonnes per day. This marks a major achievement for Trevali in commencing metal concentrate production from their Santander Mine.
PAAS investor presentation November 2021SirenFisekci
This presentation provides an overview of Pan American Silver Corp., a large primary silver mining company with operations located in the Americas. It highlights three major catalysts for growing shareholder value: 1) a new discovery at its La Colorada mine in Mexico with estimated silver resources; 2) its Escobal mine in Guatemala, currently not operating, which has significant silver reserves; and 3) its undeveloped Navidad project in Argentina with large silver resources. It also discusses Pan American's diversified asset portfolio, focus on responsible operations and ESG performance, and track record of returning value to shareholders.
Jp energy mlpa conference jun2016-finalir_jpenergy
MLPA Investor Conference held in June 2016. The presentation discusses JP Energy Partners LP (JPEP), a publicly traded MLP that operates in crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales. It provides an overview of each segment's assets and operations. The presentation also notes that JPEP has achieved growth through acquisitions and expansion projects since its inception in 2013.
Shell gives green light to invest in LNG CanadaShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc and Maarten Wetselaar, Integrated Gas & New Energies Director, will host a live audio webcast on Tuesday October 2, 2018 at 14:00 BST (15:00 CEST / 09:00 EDT / 06:00 PDT) about the final investment decision (FID) on LNG Canada on October 2, 2018.
Victoria Oil & Gas (VOG) is an oil and gas exploration and production company focused on Africa and the Former Soviet Union (FSU). VOG's key asset is the Logbaba gas field in Cameroon, which is expected to become a significant cash flow driver for the company with first commercial gas deliveries by mid-2010. VOG also has exploration assets in Russia, Kazakhstan, Ethiopia and Mali totaling over 1.5 billion barrels of oil equivalent of resources. The company aims to build production in Africa while pursuing long-term exploration potential in the FSU.
VOG owns the Logbaba gas field in Cameroon which contains proven reserves of 14 million barrels of oil equivalent. Phase 1 of the development plan is to drill a new well and install facilities to produce and sell 12 million cubic feet per day of gas to local industrial customers. VOG also has exploration assets in Russia, Kazakhstan, Ethiopia, and Mali totaling over 1.1 billion barrels of oil equivalent of prospective resources. The Logbaba field and future cash flow is expected to transform VOG into a leading energy supplier in Cameroon.
VOG is an oil and gas exploration company listed on AIM that has assets in Cameroon and Russia. In Cameroon, VOG has commenced drilling of the first appraisal well at the Logbaba gas field, which was discovered in the 1950s. The first well at Logbaba encountered gas-bearing sands and is expected to reach total depth within 2-3 weeks. VOG also plans to conduct passive seismic surveys over Logbaba and its West Medvezhye gas field in Russia to identify additional exploration targets.
Victoria Oil & Gas commenced continuous natural gas production from its Logbaba field in Cameroon in July 2012. It currently has four customers connected taking over 1 million standard cubic feet per day. Production and cash flow from Logbaba are expected to ramp up significantly in the coming months as more contracted customers come online. The company anticipates this producing asset will provide a platform for growth and transition the company from an exploration firm reliant on equity financing to an integrated oil and gas producer with cash flow.
The document is the interim financial report of Victoria Oil & Gas PLC for the six months ended 30 November 2013. It includes the Chairman's statement which discusses operational improvements at the Logbaba gas field in Cameroon, including increased production and new customer connections. It also notes a visit by the President of Cameroon and a favorable arbitration ruling. The financial review summarizes the income statement, balance sheet, and cash flows. It shows increased revenue and profitability compared to the prior period. Key investments were made expanding the pipeline network in Cameroon.
Victoria Oil & Gas (VOG) presented on their Logbaba gas field in Cameroon and future plans. VOG has discovered over 100 billion cubic feet of gas reserves at Logbaba. Recent well testing found gas flows of 11-56 million cubic feet per day and condensate. VOG plans to install production facilities and a pipeline to supply nearby industrial customers, with first revenues expected in late 2010. Further exploration could significantly expand the resource given only a small portion of the license area has been explored so far.
Victoria Oil & Gas plc is an emerging natural gas producer focused on the Logbaba gas field in Cameroon and the West Medvezhye project in Siberia. Logbaba is poised to deliver first revenues for the company in Q4 2010 from two wells that have encountered over 300 feet of gas-bearing sandstone. The company plans to install gas processing facilities and pipelines to deliver gas to industrial customers in Douala. Test data from the wells will be incorporated into an independent reserve re-estimation for the Logbaba field.
Edc presentation dr_ultimate_oil_services_and_e&p_confCompany Spotlight
The document is a presentation by Eurasia Drilling Company Limited given at a conference in December 2012. It provides an overview of Eurasia Drilling, which is a leading onshore and offshore drilling company in Russia. Key points include that Eurasia has established a track record of profitable growth, has a quality rig fleet, and is well positioned to benefit from high growth in the Russian drilling market driven by the need to sustain oil production through increased drilling. The presentation outlines Eurasia's strategy and investment case for continued leadership, efficiency gains, and strong shareholder returns.
The document summarizes an annual general meeting for FOY Group Limited held on November 30, 2015. It discusses FOY's acquisition of the Berkeley Vale Plastics to Fuel plant and 3 innovative technologies, as well as its ongoing commitment to existing projects in PNG. The Chairman and Managing Director provide addresses on Berkeley Vale progress, PNG progress, and FOY's strategic growth plan to leverage its depolymerization technology internationally through partnerships and joint ventures. An indicative timetable for FOY's relisting on the ASX is also presented.
Financing diamond projects is challenging for junior exploration and development companies due to declining investment in exploration, risk aversion among investors, and constrained traditional financing options. Alternative financing sources that are better suited to these companies include tax-based incentives in South Africa and Canada to attract higher-risk investors and faster decision making compared to banks. However, early-stage greenfield projects still face difficulties accessing financing.
Ray Gibbs CEO Haydale plc Cambridge Investment Research EventsJustin Hayward
This document provides information about a conference on graphene technology taking place in Cambridge from November 5-6, 2015. It discusses Haydale Advanced Materials, a company listed on the London Stock Exchange that is focused on plasma treatment of nano materials like graphene to ensure homogeneous dispersion for use in composites, inks, coatings and energy storage. The document summarizes the current graphene market, which is estimated to be around $100 million currently but expected to grow significantly in coming years as applications are commercialized. It provides examples of studies showing improvements to properties like strength and toughness when graphene nano platelets are added to composite materials like epoxy resins.
UrAmerica is looking to develop low-cost uranium production in Chubut Province, Argentina using in-situ recovery (ISR). The company has consolidated a large land position prospective for uranium, including areas adjacent to an existing deposit. To date, UrAmerica has completed over 24,000 meters of drilling, produced an initial resource estimate of 19.1 million pounds of uranium, and is pursuing metallurgical testing and preliminary economic assessments. The company is seeking additional funding to continue advancing the project through resource upgrades, economic studies, and permitting towards production.
Edc presentation 1_h-12_results_&_2012_fy_trading_update]Company Spotlight
Eurasia Drilling Company reported strong financial results for the first half of 2012, with revenues increasing 24% and net income growing 24%. The company increased its market share in the Russian drilling market to 29% and expects to meet or exceed its full-year guidance for revenue growth above 23% and EBITDA margin above 23.8%. Horizontal drilling volumes were up 13% in the first half compared to the previous year. The company continues to focus on mitigating production declines at mature fields through increased drilling, including more complex horizontal wells.
EDC reported financial results for the first half of 2014, with revenues of $1.551 billion, down 8.5% from the previous year. EBITDA was $402 million, down 8.8%, and net income was $201 million, down 7.2%. Drilling volumes decreased 9.1% to 2.763 million meters due to the Russian ruble depreciation and increased rig redeployment. The company expects full year 2014 revenues of $3.05-3.1 billion and an EBITDA margin of 26.7%, with growing demand for complex drilling solutions in Russia.
dynaCERT Investors Presentation February 2016Jim Payne
The document discusses dynaCERT, a company that has developed a hydrogen generation technology called HydraGen that is designed to reduce fuel consumption and emissions in diesel engines. It provides an overview of dynaCERT's history and technology, outlines the market opportunity around rising fuel costs and emissions regulations, and summarizes the company's progress and milestones to date including field testing results showing fuel economy improvements of 10-20%. The document is intended to provide information to prospective investors.
This document provides an overview and financial guidance for Eurasia Drilling Company for 2014. Key points include:
- 2014 revenues are expected to be $3.05-3.1 billion, down from 2013 due to the ruble depreciation and increased rig redeployment. EBITDA margin is expected to be 26.7%.
- Onshore drilling activity is expected to decline for Rosneft but increase for Lukoil and Gazpromneft. Offshore contracts are expected to generate $1.2 billion in revenue.
- First half 2014 results saw revenues of $1.55 billion and EBITDA of $402 million, down from the prior year due to exchange rates and lower drilling volumes
BlackEarth Minerals is an Australian mining company focused on developing its Maniry Graphite Project in Madagascar, which has an Exploration Target of 260-380Mt at 6-8%TGC and an Indicated Resource of 11Mt at 7.1% TGC. The project has potential to produce large flake, high purity graphite concentrate to supply growing demand from the battery and fire retardant building material markets. BlackEarth is advancing exploration at Maniry and metallurgical test work to define a development pathway.
Kemira provides a presentation to investors on its business and strategy. It operates in water-intensive industries like pulp & paper, oil & gas, mining, and water treatment. Kemira's strategic focus is on innovation, business focus in key industries, above-market growth, and strengthening its position in mature markets while selectively expanding in emerging markets. Kemira aims to shift its product mix toward more differentiated and higher-margin products.
Falkland Oil and Gas is the largest license holder in the Falkland Islands with interests in over 40,000 km2. They plan a five well drilling program in 2015 targeting over 1.4 billion barrels of gross unrisked prospective resources. The first well, Zebedee, will test prospects in the North Falkland Basin in March 2015. Subsequent wells will target large fans and fault blocks in the South and East basins, beginning with the Humpback prospect in the Diomedea Fan Complex in Q3 2015. Falkland Oil and Gas has identified multiple follow-on prospects across its licenses contingent on the results of the 2015 drilling program.
Falkland Oil and Gas is the largest license holder in the Falkland Islands with interests in over 40,000 km2. They plan a five well drilling program in 2015 targeting over 1.4 billion barrels of gross unrisked prospective resources. The first well, Zebedee, will test prospects in the North Falkland Basin in March 2015. Additional prospects include Humpback in the South Falkland Basin and Isobel Deep and Jayne East in the North Falkland Basin. Falkland Oil and Gas has identified significant exploration potential throughout its licensed areas and the 2015 drilling program aims to prove up this potential.
Falkland Oil and Gas is the largest license holder in the Falkland Islands with interests in over 40,000 km2. They plan a five well drilling program in 2015 targeting over 1.4 billion barrels of gross unrisked prospective resources. The first well, Zebedee, will test prospects in the North Falkland Basin in March 2015. Subsequent wells will target large fans and fault blocks in the South and East basins, beginning with the Humpback prospect in the Diomedea Fan Complex in Q3 2015. Falkland Oil and Gas has identified multiple follow-on prospects across its licenses contingent on the results of the 2015 drilling program.
dynaCERT Inc. welcomed Dr. Shafiq Qaadri, MPP Etobicoke North, to the opening of their new product assembly plant for their HydraGen technology. Dr. Qaadri congratulated dynaCERT on their commitment to reducing carbon emissions. Paul Bhullar, CEO of IFS Group, spoke about the success of HydraGen test units on his trucks. dynaCERT was also invited to present their carbon reduction technology at Queen's Park on October 19th. dynaCERT manufactures technology that reduces carbon emissions and increases fuel efficiency for internal combustion engines using hydrogen and oxygen additives.
Falkland Oil and Gas presented their investor presentation for March 2015. They outlined their five well drilling program for 2015 targeting over 1.4 billion barrels of gross unrisked prospective resources. They hold interests in multiple licenses in the Falkland Islands and will begin drilling in March 2015 using the rig Eirik Raude. The presentation provided details on Falkland Oil and Gas' assets, drilling targets, and prospect inventory across their licenses in the Falkland Islands.
Falkland Oil and Gas presented their investor presentation for March 2015. They outlined their five well drilling program for 2015 targeting over 1.4 billion barrels of gross unrisked prospective resources. They hold interests in multiple licenses in the Falkland Islands and will start drilling in March 2015 using the rig Eirik Raude. The presentation provided details on the prospects to be drilled, including Zebedee, Isobel Deep, Jayne East, and Humpback, which is a potential high impact play opener.
- Victoria Oil & Gas reported unaudited interim results for the six months ending November 30, 2014. During this period, the company met objectives of increasing gas production in Cameroon to make the subsidiary Gaz du Cameroun operationally cash positive.
- A key development was Gaz du Cameroun signing an agreement in December 2014 to supply gas to two power stations in Doula to generate up to 50MW, which could treble Gaz du Cameroun's current gas production.
- The company expects the power station projects to be online by the end of Q1 2015, representing remarkable success in progressing from signing in late December 2014 to delivering power within three months.
Victoria Oil & Gas is an oil and gas exploration and production company operating in Cameroon and Russia. In Cameroon, Victoria has invested over $111 million in the Logbaba gas and condensate field, including drilling two wells, constructing production facilities, and laying a 22km pipeline. The Logbaba field currently supplies gas to 19 industrial customers in Douala. In Russia, Victoria owns the West Medvezhye oil and gas project in the Yamal region, which contains estimated reserves of 14.4 million barrels of oil equivalent and prospective recoverable resources of 1.4 billion barrels of oil equivalent.
This document provides financial information for Victoria Oil & Gas PLC for the six months ended 30 November 2011.
Key details include:
- The company achieved first gas production from its Logbaba project in Cameroon in December 2011.
- For the six month period, the company reported a loss of $2.3 million and comprehensive loss of $5.7 million.
- At Logbaba, the company is working to complete the planned 34km gas distribution network and secure additional customers.
- The company also owns gas assets in West Medvezhye, Russia and is pursuing an exploration and appraisal program.
The document is the annual report of Victoria Oil & Gas Plc summarizing the company's activities in 2011. It highlights that:
1) This has been a significant year for Victoria Oil & Gas with considerable value added to its assets and extensive work completed on its principal projects.
2) At its flagship Logbaba gas project in Cameroon, the company expects to commence production by the end of 2011.
3) Across the company, net reserves have increased by 40% to 52 million boe and net resources have increased by 30% to 1.594 billion boe.
This project report presents the results of a passive seismic survey in the West Medvezhye area of Siberia, Russia. The survey identified two areas of relatively high low-frequency energy that represent potential exploration targets. One target is located near an existing well that encountered hydrocarbons. Additional data collection could help improve the resolution of the results and reduce uncertainties, particularly around the edges of the survey area. The results generally indicate areas of higher and lower hydrocarbon prospectivity but are not sufficient alone to determine detailed correlations or reserve estimates.
The presentation proposes that Blackwatch conduct a technical review of Victoria Oil and Gas's Kemerkol and West Med licenses and acquire an IPDS survey on Kemerkol to identify drill targets. Assuming suitable targets are found, the plan is to drill two or more wells in Kemerkol to increase production for export sales. It also discusses trialling IPDS technology on West Med and investigating opportunities for acquiring additional interests in Kazakhstan and reducing operating costs.
This document reviews oil and gas prospects in the West Medvezhye license area located in western Siberia. It identifies four prospective horizons - the Upper Neocomian, Lower Neocomian shelf edge facies, Achimov base of slope fans, and Jurassic reservoirs. The document summarizes the geology of each prospect and proposes drilling four wells - Wells 103, 105, 107, and 109. Using probabilistic analysis, it estimates the gross prospective gas and condensate resources to be 966 billion cubic feet of gas and 161 million barrels of condensate across the 25 prospects, adjusted for the probability of geologic success.
- VOG completed a £10.8m fundraising in November 2010 to reinforce its capital base as it transforms into a producing and cash generating company at its Logbaba Gas Field in Cameroon.
- The award of the Exploitation Decree for the Logbaba Gas Field is imminent and first gas sales are expected within five months of receiving the decree.
- Operations are also progressing at VOG's West Medvezhye field in Russia, with seismic surveys confirming direct hydrocarbon indications and studies highlighting leads for future drilling planned for 2011-2012.
MUTUAL FUNDS (ICICI Prudential Mutual Fund) BY JAMES RODRIGUESWilliamRodrigues148
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers or investment companies who make investment decisions on behalf of the fund's investors.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
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ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
1. Victoria Oil & Gas Plc
First Onshore Gas Production in Cameroon
2. Disclaimer
THIS PRESENTATION IS BEING SUPPLIED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, FURTHER DISTRIBUTED TO ANY
OTHER PERSON OR PUBLISHED IN WHOLE OR IN PART, FOR ANY PURPOSE.
These presentation materials are confidential and are directed only at persons who fall within the exemptions contained in Articles 19 and 49 of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (such as persons who are authorised or exempt persons within the meaning of the Financial Services and Markets Act 2000 (“FMSA”), or in the United States
who qualify as an “accredited investor”, “qualified institutional buyer” or “qualified purchaser” under United States Securities laws, or an
"accredited investor" under National Instrument 45-106 in Canada, and certain other investment professionals, high net worth companies, unincorporated associations or partnerships and the
trustees of high value trusts) and persons who are otherwise permitted by law to receive them. These presentation materials are directed only at persons having professional experience in matters
relating to investments and any investment or investment activity to which these presentation materials relate is available only to such persons. Persons of any other description, including those
who do not have professional experience in matters relating to investments, should not rely on these presentation materials or act upon their content.
This document is exempt from the general restriction on the communication of invitations or inducements to enter into investment activity and has therefore not been approved by an authorised
person as would otherwise be required by section 21 of the FSMA. Any investment to which this document relates is available to (and any investment activity to which it relates will be engaged
with) only those persons described above. Persons who do not fall within this category of investor should not take any action upon this document, but should return it immediately to Fox Davies
Capital Limited (“FDC”). Postage and other reasonable delivery costs will be refunded. It is a condition of your receiving this document that you fall within, and you warrant to Victoria Oil & Gas Plc
(the “Company”) and FDC that you fall within, the category of person described above.
The presentation materials do not constitute or form any part of any offer or invitation to sell or issue or purchase or subscribe for any shares in the Company nor shall they or any part of them, or
the fact of their distribution, form the basis of, or be relied on in connection with, any contract with the Company relating to any securities. Any decision regarding any proposed subscription for
shares in the Company must be made solely on the basis of public information on the Company. The presentation materials are not intended to be distributed or passed on, directly or indirectly, or
to any other class of persons. They are being supplied to you solely for your information and may not be reproduced, forwarded to any other person or published, in whole or in part, for any other
purpose. Any other person who receives this document should not rely or act upon it. By accepting this document the recipient represents and warrants that they are a person who falls within the
above description of persons who are entitled to receive this document. The information contained in this document is confidential and the property of the Company.
No reliance may be placed for any purpose whatsoever on the information contained in this document or on its completeness, sufficiency, accuracy or fairness. No representation or warranty,
express or implied, is made or given by or on behalf of the Company or its directors or employees, or FDC or their professional advisers or any other person as to the completeness, sufficiency,
accuracy or fairness of the information, beliefs or opinions contained in this document and in the presentation and no responsibility or liability is accepted to placees for any such information or
opinions. Any reliance on this communication could potentially expose you to a significant risk of losing all of the property invested by you or the incurring by you of additional liability. Save in the
case of fraud, no liability is accepted for any loss, cost or damage suffered or incurred as a result of the reliance on such information, opinions or beliefs.
Certain statements and graphs throughout the presentation are “forward-looking statements” including management’s and third party assessments of future plans, operations, values and returns
and represent the company’s international projects, expectations or beliefs concerning, among other things, future operating results and various components thereof or the company’s future
economic performance.
These projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties which may cause the company’s actual
performance and financial results in future periods to differ materially from any estimates or projections.
These risks include, but are not limited to, risks associated with the oil and gas industry in general, delays or changes in plans with respect to exploration and development activities and capital
expenditures, the uncertainties of estimates and projections relating to production, political risks, costs and expenses and health and safety and environmental risks, commodity price and exchange
rate fluctuations, and uncertainties resulting from competition and ability to access sufficient capital, and risks relating to the ability to complete capital markets transactions referred to in the
presentation.
If you are in any doubt about the investment to which these presentation materials relate, you should consult a person authorised by the Financial Services Authority who specialises in advising on
securities of the kind described in this document. FDC is acting solely for the Company as broker in relation to matters described in this document and is not acting for any other persons and will
not be responsible in respect of such matters to any other person (whether or not a recipient of this document) for providing protections afforded to customers of FDC or for providing advice in
relation to those matters.
The distribution of this document in certain jurisdictions may be restricted by law and therefore persons into whose possession this document comes should inform themselves about and observe
any such restrictions. Any such distribution could result in a violation of the law of such jurisdictions. Neither this document, nor any copy of it, may be taken or transmitted into Australia, Ireland,
South Africa or Japan or into any jurisdiction where it would be unlawful to do so. Any failure to comply with this restriction may constitute a violation of relevant local securities laws.
3. Strategy - Growth and Profits
Victoria plans to grow into a Mid Cap E&P company within
3 years by:
Building on cash flow and profits from the Logbaba gas
project by becoming a leading player in new thermal and
power projects in Cameroon
Acquiring suitably sized companies with outstanding reserve
and production potential
Developing the giant West Medvezhye oil and gas deposit in
Russia
3
4. Key Points
This year, Victoria Oil & Gas Plc (VOG) becomes the first
natural gas supplier in Cameroon
Logbaba gas and condensate field in Douala is the only
onshore gas discovery in the country – no competition
Industrial customers located on ‘our doorstep’
Strong government support and incentives for growth
First revenues from Logbaba targeted in Q4 2011
12 Gas Sales Agreements signed with industrial customers, including
some multi-nationals and in-principal agreements signed with many more
Price fixed at US$16/mmbtu for 5 years, 20 year exclusive contract terms
8 mmscf/d in 2012 rising to 44mmscf/d of production (7,300 boe/d)
anticipated by end 2014
Over 600 feet of gross sandstone pay in two wells
212 BCF of 2P reserves and 1 TCF of Potential
Further large growth based on gas to power generation promoted by
Government of Cameroon
4
5. VOG Corporate Snapshot
Background Directors and Management
• Listed on AIM in July 2004 DIRECTORS
Kevin Foo Executive Chairman
• 57% of the Logbaba gas field in Cameroon
Grant Manheim Deputy Chairman
2P reserves of 212Bcf
Robert Palmer Finance Director
Two appraisal wells completed as producers
Austen Titford Executive Director
in 2010
Award of the Exploitation Licence by Philip Rand Non-Executive Director
Presidential Decree in April 2011
SENIOR MANAGEMENT
First gas sales in Q4 2011
Radwan Hadi Chief Operating Officer
• 100% of West Med gas and condensate project Martin Devine Commercial Manager, London
in prolific province in Western Siberian basin
SENIOR CAMEROON MANAGEMENT
Prospective resources of 1.1Bnboe
Jonathan Scott-Barrett Managing Director, Cameroon
Proved & Probable reserves of 14.4 mmboe
Divine Mofa Operations Manager
• Market Capitalisation - £110 million Francois Nguene Government Relations Manager
Martin Bihaya HSE Manager
• Key shareholders Clovis Kape Engineering Manager
• Noor Petroleum Ghislain Fotue Financial Controller
• Management Dairou Honore Environmental Manager
• Barclays
5
6. The Logbaba Story
A production facility The gas sales and
consisting of two 20 marketing team has
MMscf/d production signed many industrial
units will clean the gas customers, including
and extract some multinational
condensate for market. firms, for gas delivery
Expro are supplying in 2011 and the
and operating the plant Company expects
in the initial phase. many more customers
The gas distribution
network serving to be signed before first
gas sales. Customers
Douala’s industrial
are expecting annual
customers will be
fuel savings in excess
constructed in unpaved
of 30%.
In 2009 and 2010, RDL ground, black top
drilled 2 wells, La-105 highway and land
& La-106 at a cost of adjacent to the Douala
$53m. La-105 tested at rail network.
The total gas distribution
prolific rates of up to network will be
55mmscf/d while The pipeline has a
approximately 32 km in
La-106 tested at rates design capacity of 60
length comprising pipe
of up to 22 mmscf/d. mmscf/d which can be
diameters between
Both wells have now increased with higher
400mm and 63 mm and
been completed as operating pressures.
a normal operating
production wells.
pressure of 5.5 barg.
6
7. Logbaba: Well Testing
La-105 Testing La-105
Multiple pay zones tested at depths
between 7,005 - 8,500 feet.
Rates between 11 - 56 million standard
cubic feet per day (MMscf/d) of natural
gas and 210 - 1,000 barrels per day of
condensate. Flowing wellhead pressures
varied between 2,750 - 4,552 psi
La-106
Flowed at up to 22mmscf/d and well head
pressures up to 3,078 psi
The Upper Logbaba A through C sands,
although indicated as the best quality
hydrocarbon-bearing sands encountered
in the well logs, were not tested as the
well indicated more than sufficient
production capacity to meet initial gas
demand of 8 MMscf/d.
7
8. Logbaba Reserves Update: October 2010
VOG reserves consultant Blackwatch integrated the recent well logs and
well test data from the successfully drilled and completed new wells
La-105 & La-106 and the original four wells
Logbaba Reserves, 100% Basis (Bcf)
Category Jul-08 Oct-10
Logbaba Field
Upper Logbaba Proved Reserves (1P) 10 49
Proved + Probable Reserves (2P) 104 212
Proved + Probable + Possible Reserves (3P) 202 350
Entire Logbaba Block
Prospective Resources n/a >1000
VOG 57% Net Working Interest
Logbaba Proved Reserves increase five fold to 49 Bcf
Proved plus Probable (2P) reserves more than double to 212 Bcf
Prospective Resources evaluated to be in excess of 1 Tcf
8
10. The Pipeline Route
VOG will install and commission a gas processing facility and
its own gas pipeline to industrial customers
Approx 85% of
industrial market
within 10km
10
11. Market – The Case for Gas
Natural gas is the cleanest of Customer Specific Benefits
all fossil fuels; reduces Energy needs are currently
emission of greenhouse satisfied by high-cost fuels
gases; reduces risk of smog, such as diesel and fuel oil
resulting in cleaner and Almost all fuels imported –
healthier air in urban areas supply issues
Douala is one of Africa’s most Petrol and diesel costs are
important trade centres and is equivalent to UK
a major hub for Central Africa Circa 30% fuel bill savings
In all developed and Improved boiler efficiencies and
developing countries, the life through reduction of scaling
and soot;
availability of gas leads to
rapid growth in energy Reduced maintenance costs and
consumption and industrial less downtime;
expansion Reduced pumping, storage and
heating costs
11
12. Douala: Thermal Market
Cameroon Fuel Prices
Douala’s thermal market is $/MMbtu
currently supplied by: Diesel: 454 CFA/L 27.99
Butane/Propane: 213 CFA/L 19.05
Heavy Fuel Oil -largest
Fuel Oil: 454 CFA/L 20.50
Diesel - very expensive Kerosene: 500 CFA/L 29.93
Source Rodeo Development Limited/SNH: April 2011
Waste oil - huge problems
LPGs –small market share Current & Potential Customers
Chemical
Food Processing Breweries
Industry
USICAM CCC SABC
CHOCOCAM CCIC GUINNESS
Douala thermal industrial market NESTLE PLASTICAM ISENBECK
consumption estimated at SIC CACAOS CEP UCB
TELCAR COCOA CIMENCAM
15mmscf/d equivalent PASTA PANZANI SOPICAM SAFCA Metallurgical
MINOTERIES PILCAM STELL WORKS
Market expansion is stifled SRC MAYA LITTOCOL ALUBASSA
by the high cost of energy GRANDS MOULINS
CAMLAIT
FERMENCAM SOCAFER
SOCVER
CICAM
VOG has signed gas off-take agreements for approximately 8mmscf/d
fixed for 5 years at $16/mmbtu
12
13. Douala: Total Industrial Market
The Company is focused on gas sales
to end users to replace alternative
liquid fuels for industrial thermal Near Term Markets
(heat) requirements
However, our near term strategy (1 to
3 years) is to serve three markets with
the sale of natural gas, namely:
Substitution of HFO, LPGs and waste
oil used by industrial customers for
their heat requirements;
Gas sales to industrial customers to
supply their own gas fired generators;
On-site power generation to a group
of customers to limit reliance on the
grid.
VOG anticipates sales of 44mmscf/d
by end 2014
In the longer term, as further reserves are proven, gas may be supplied to large gas
fired power stations connected to the grid
13
14. Douala: Cicam Case Study
Cotonniére Industrielle du Current fuel cost for Douala
Cameroun (Cicam) is the largest facilities is around CFA 1Bn
textile producer in ECCAS, with ($2.2 MM)
approximately 60% market share
Machinery purchased over a
Cicam estimate that converting to year ago can now be
Logbaba gas would lower their economically operated due to
energy cost by 30% reliable lower cost energy
14
15. Commercial Summary
Gas price is fixed at $16/MMBtu for first 5 years
Potential market needs of 44mmscf/d by 2014
20 year exclusive gas supply agreements
Base Case Payback in 2013
Possible expansion in the future (2013 onwards)
with mini-LNG & IPP options to markets further
afield
Big picture integration with major mining projects
15
16. Logbaba: Summary Economics
Management Forecasts
Prices: Post-Tax NPV net to VOG
Gas price Industrial Gas $16/mmbtu ($MM) 10% 15% IRR
Industrial Power $16/mmbtu Proved(1) 117 94 25%
Proved & Probable(2) 406 293 52%
Grid Power(5) $6.5/mmbtu
Proved, Probable and Possible(3) 560 382 55%
LNG $12/mmbtu
P3 plus Prospective Resources(4) 1,164 759 74%
Condensate Limbe Refinery $75/bbl Discounted to 1.1.11
Fiscal Terms: Logbaba Gross Costs, Reserves & Ratios
Reserves Capex Opex
Corporate tax 38.5% (BCF) ($MM) ($/boe) ( $MM) ($/boe) ($/mcf)
Government Royalty 8.0% P1 49 156 15.0 86 8.3 1.4
P2 212 396 8.9 181 4.1 0.7
Other Royalties 5.6%
P3 350 649 8.8 275 3.7 0.6
P3 + PR 1,350 2,168 7.7 882 3.1 0.5
Scenarios:
(1) 8.5 mmscf/d in 2012 rising to 20mmscf/d supplied to industrial customers for gas & on site power
(2) 8.5 mmscf/d in 2012 supplied to industrial customers for gas & on site power rising to 44 mmscf/d plateau production by 2014
(3) As in case 2 but rising to 60 mmscf/d plateau production by 2015
(4) As in case 3 but VOG supplying gas to new IPP 500MW facility (with 125mmscfd) by 2015 and a new LNG facility with 40 mmscf/d incremental demand by 2013
(5) Gas for power generation to be connected to the grid has been priced at $6.50 per mmbtu until further negotiation with ARSEL, the state regulator
16
17. Key Tasks to Production
Re-opening wells La-105 and La-106;
Installation and commissioning of the leased
process plant;
Trenching, jointing, installation and commissioning
of the gas pipeline network; and
Arrangements on customer sites for installation of
pressure reduction and metering stations and
boiler conversions.
17
18. Logbaba: Further Exploration
Passive Seismic Survey
The majority of the block
remains unexplored
In late 2009, a passive
seismic survey was
commissioned
Passive seismic is a direct
hydrocarbon indicator
Significant new structure 4
km north of the current well
sites
Best location on the current
structure is as yet un-drilled
18
19. West Med, Russia: Land of
Supergiants
West Med lies next to the
super-giant Medvezhye and
Urengoy fields
Medvezhye has
produced about 75 Tcf of
gas since 1972
25 Year Exploitation
License granted for West
Med
Independent reserve auditors
DeGolyer & MacNaughton
estimated recoverable gross
prospective resources of 1.1
Bnboe:
5.1 Tcf gas
247 MMbbl condensate
25 MMbbl oil
19 Source: Gazprom
20. West Med: New Exploration
West Med Exploration Targets
o 4 wells drilled, one discovery
well, 103
o Well 103 has C1 and C2
reserves estimated at 14.4
mmboe Exploration
o Recoverable resources for well target area
103 estimated at 170.6 mmboe
o Second IPDS passive seismic
survey completed Spring 2010
o Geochemical survey over the
same area also completed
o Targeting stratigraphic traps
where West Med meets Well 103
Medvezhye field discovery
o Further 2D and new drilling
targets to be determined during
summer 2011
20
22. History of Logbaba Gas Project
In early 2010, successful drilling
was completed and well La-105
tested at 55mmscf/d and La-106, the
second well was drilled and tested
up to 22 MMscf/d. SNH approved
RSM Production Corporation the Discovery Report and Field
signs concession Agreement with Development Plan. The gas
the Government of Cameroon. No processing plant has also been
Elf drilled 4 wells around exploration work during this Victoria Oil and Gas Plc, a UK delivered and is ready for
Logbaba prospecting for oil, period. The operating company in company listed on the London construction. In the meantime, the
but found gas. As there was Cameroon, Rodeo Development Stock Exchange, with oil and HDPE pipes required to transport
no use for gas at that time the Ltd (RDL) was incorporated to gas assets in Russia and the natural gas to industry in Douala
wells were capped. manage the Logbaba project. Kazakhstan, acquired Bramlin. were delivered ready for installation
2001 2010
1950s 2008
First Gas Q4
2011
1950-1999 2005 2009 2011
There was no exploration activity Bramlin Plc, a British For the first time since the The President of the Republic of
during this period and Total/Elf/ company listed on the London 1950’s a drilling rig was Cameroon, S.E. President Biya,
Fina relinquished their license in Stock Exchange signed a joint shipped to Douala from signs the Exploitation Licence on
1999. venture farm-in agreement Portugal and in September the 29th April, 2011.
with RSM for the Logbaba 2009, drilling started on the
Concession. first well La-105. This was the
first exploration activity since
the 1950’s.
22
23. Logbaba Facilities & Engineering Progress
All engineering studies complete
Award of process plant contract to Expro
GIS project to merge satellite data with the site
and pipeline route survey
Pipeline route selection and network design
Definition of customer conversions
Civil works
Soil sampling and analysis
All equipment required to re-open the wells, and
commission and install the process plant and
pipeline is now in Douala
23
24. Key Management
Kevin Foo Austen Titford Jonathan Scott-Barrett Martin Devine
Chairman Executive Director Managing Director, Commercial Manager
RDL
40 Year career in the Chartered Accountant Over 20 years in the 10 years upstream oil
resources sector with more than 17 years resource sector. Former and gas experience
including 19 years in the experience, covering CEO of Eureka Mining including corporate
FSU; former MD of Celtic both the project Plc & executive director finance M&A and
Resources Holdings development and of Celtic Resources Plc , debt advisory with JP
operational phases in non-executive director of Morgan Chase
quoted natural resource Hanson Plc 1991 to
companies. 2000
Radwan Hadi Sam Metcalfe Andrew Wright Divine Mofa
COO VOG Senior Reservoir Operations Manager,
Engineer Project Director
RDL
Senior petroleum Over 25 yrs oil
engineer with over 30 industry experience, Over 30 years experience Over 15 years of oil & gas
yrs experience in oil worldwide. in upstream development industry experience as a
and gas including in Has brought several including BP & Noble project manager and
Nigeria, Ghana and North Sea gas Energy; MBA from City engineer working for J. Ray
Equatorial Guinea. projects into University &Geology McDermott, Oceaneering
Former Head of production for major degree from Oxford and Alseas. Divine is a
Planning in ADCO corporations graduate from Prairie View
A&M University in the US
24
25. Abbreviations
Bnboe Billion barrels of oil equivalent
mmboe Million barrels of oil equivalent
mmbbl Million barrels of oil
bbl/d Barrels per day
mcf Thousand cubic feet of natural gas
mcf/d Thousand cubic feet per day
mmcf/d Million standard cubic feet of gas per day
Bcf Billion cubic feet of natural gas
Tcf Trillion cubic feet of natural gas
$MM Million US$
$Bn Billion US$
km2 Square kilometres
m Metres
mmBtu Million British thermal units
MW Megawatts
tpa Tonnes per annum
CFA Central African Franc
25
26. VICTORIA OIL & GAS PLC
1st FLOOR, HATFIELD HOUSE
52-54 STAMFORD STREET
LONDON, SE1 9LX
Tel: + 44 (0)207 921 8820
Fax: +44 (0)207 921 8821
www.victoriaoilandgas.com
info@victoriaoilandgas.com