Investor Presentaiton
$m
CASH POSITION REMAINS STRONG
ENABLES $100m LOAN REPAYMENT IN Q3 2020, EVEN AFTER DIVIDEND AND INCREASED CAPEX
Hedging strategy of put options to
provide cash flow assurance
600
10.0
4.7
2.0
197.8
-1.1
500
400
300
200
100
326.3
0
Cash at 31/12/19
(excl. restricted
48
cash)
-108.6
-3.3
-30.0
-58.0
Hedge
Q3
2020
Amount
1.5 MM bbl
Price
$45
Q4
2020
1.5/0.5
MM bbl
Q1
2021
1.0/1.0
MM bbl
$30/$35 $30 / $35
-100.0
200.2
-29.2
-10.4
Cash from
Proceeds
Receipts
FX gains
operations
from loans from Belema
Interest
received
Capex
Lease
repayment
AGPC
investment
Interest,
finance
charges
Loan
repayment
Dividends
paid
Income tax
paid
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
Cash at 30/9/20
(excl. restricted
cash)View entire presentation