Investor Presentaiton
TEG Financial Performance
triangle energy
oil gas energy
• Upon re-establishing production in late 2009, the Company achieved revenue of A$13.9
million in FY2010 through the sale of gas to the Arun LNG facility
• Similarly in 2011, the Company continued to grow revenue as production increased and
recorded a 22% increase in revenue to A$16.9 million
• Increased expenditure in well re-development has led to only a small profit of A$0.4
million in 2011
• As the PSC expired in early 2012, the Company suffered a significant decline in revenue
and net income went into negative territory as a result of not being able to maintain
production infrastructure due to the status of the PSC
For personal use only
A$ million
Revenue
18
16
14
12
10
82
64
A$ million
Net Income
8
6
4
2
0
-2
-4
46
-6
2
-8
0
2010
2011
2012
2010
2011
2012
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