Investor Presentaiton
Σ
M
MEDCOENERGI
Cash Cost/Unit (US$/boe)
63
40
40
101
68
9.9
8.4
9.1
9.8
<10
7.2
2022 GUIDANCE: EXPENDITURE
9M-22
Oil & Gas capex US$150mn, Power¹ US$24mn.
Capex spending for developments in Natuna and
Riau IPP
Higher Q3 opex due to acid fracturing, workovers
and Sumatra production bonus
Oil & gas cash costs² US$7.2/boe with ~30¢/boe
deferred due to oil lift timing
2022 Guidance
•
Maintain Oil & Gas capex US$250mn, increased
Power¹ capex guidance US$50mn
Higher Natuna drilling and facility costs in Q4
Progressing investment decision for two renewable
developments and one energy transition project
2023-2024 flat capex, for Natuna, Corridor and
expanding Power renewable portfolio.
Oil & Gas cash costs sub US$10/boe, further
maintenance activity in 04
Power capex is net working interest
Unit cash cost excludes production and expenditure on Oman KSF service contract
68
80
2018
Cash Cost
1)
9
2)
2019
2020
2021
9M-22
2022
Guidance
Oil price
Capex (US$mn)
329
313
300
61
50
119
207
174
63
24
268
114
250
194
31
144
150
83
2018
2019
2020
2021
9M-22
2022
Guidance
Oil and gas
Power¹View entire presentation