Investor Presentaiton
VALUE CREATION STRATEGY 2: INCREASE PRODUCTION
Focus on increasing efficiency and productivity at our diverse portfolio of fields
boepd
35,000
30,000
25,000
Oil production
› Average working interest production:
33,327 boepd (9M 2019: 23,658)
-
Includes maiden contribution from
OML 40 and Ubima
> 77% production uptime achieved (TFP)
> Six oil wells completed in 9M 2020
20,000
15,000
10,000
5,000
14,794
24,252
23,474
29,003
10,091
17,853
25,669
23,935
33,327
0
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
FY 2019
9M 2020
18
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
-
Sapele-35,
- Ovhor-6ST, Ovhor-20,
Ohaji South-5, Ohaji South-6,
Gbetiokun-5
> Prioritise most profitable wells
depending on oil price expectations
> Focus on increasing production
efficiency at wellheads
› Deploy innovative drilling
and production technology
to increase outputView entire presentation