This document provides a progress report on the Samarang Project as of 29 March 2013. The actual progress is 79.57% compared to the target progress of 86.33%. Key metrics like earned value, planned value, actual cost, safety performance, manpower usage, and invoice payments are reported. Two wells (Wells A-20 and F-80) have been completed while another (Well A-17) is over budget. The expected finish date for the project is 24 March 2014, representing a schedule variance of 268 days later than planned.

1. Samarang Project - Dashboard Cut of Date: 29/Mar/13
Actual % Progress: 79.57% Target % Progress: 86.33% Samarang Workover-2012
Earned Value MYR 109,448,373
Planned Value MYR 118,752,547
Actual Cost MYR 98,831,112
QHSE Performance 100.00%
Manpower Ratio 95.00%
Invoice Ratio 100.00%
SPI 0.92
CPI 1.11
BAC MYR 137,549,219
EAC=(BAC+AC)-EV MYR 126,931,958
Plan Finish Date 29-Jun-13
Expected Finish Date 24-Mar-14
Schedule Variance -268 days
Invoice amount paid MYR 1,925,494
Note / Justification:
Workover Cost (DRI)
Well A‐20
Approve Cost (MYR)
Actual Cost (29/03/2013)
Remaining Cost (MYR)
NPT (MYR) (29/3/2013) 703hrs
Estimate at Completion (MYR) 44,399,296
Well Tie-in F-80 completed on 18th Sept 2012
Final Well report & Close out report - SMJT-F in progress.
A-20 workover completed on 26 Mar 2013
ESP Letter of Award issue on 21 Nov 2012
44,399,296
32,044,320
12,354,976
11,558,208
45,547,200
-
45,987,200
Well A‐17
440,000
Over Budget
& ahead of Schedule
Under Budget
& ahead of Schedule
Over Budget
& behind Schedule
Under Budget
& behind Schedule
45,987,200
-100.00%
-50.00%
0.00%
50.00%
100.00%
-100% -50% 0% 50% 100%
CostVar.%
Schedule Var. %
Project Management
Resorce Management (RM)
Facilities SBO
LLI Procurement (ESP)
Workover Drilling & Completion
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
CPI = 1.11
0%
10%
20%
30%
40%
50% 60%
70%
80%
90%
100%
MPI = 95%
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
SPI = 0.92
0%
10%
20%
30%
40%
50% 60%
70%
80%
90%
100%
INVI = 100%
MYR 1,925,494
0.13%
0.07%
26.44%
2.28%
71.09%
0.00% 20.00% 40.00% 60.00% 80.00%
Project Management
Resorce Management (RM)
Facilities SBO
LLI Procurement (ESP)
Workover Drilling & Completion
% ACTUAL %TARGET % WT
% Progress - Discipline wise
0%
10%
20%
30%
40% 50%
60%
70%
80%
90%
100%
QHSE = 100%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
This Period Target % This Period Actual% Cum Target % Cum Actual %
% Progress S-Curve
‐
20.00
40.00
60.00
80.00
100.00
120.00
140.00
‐
5.00
10.00
15.00
20.00
25.00
30.00
EV S-Curve
PV THIS PERIOD BCWS (PV) BCWP (EV)
Mln$