Investor Presentaiton
150 years
Recent transaction with Statoil
Strategic rationale of the transaction
ā
Q-BASF
We create chemistry
To strengthen Wintershall's position in Norway by increasing participation
in producing oil and gas fields
To participate jointly with Statoil in promising development project
"Aasta Hansteen"
To get access to additional reserves and resources (2P/2C) of ~170 million
boe and assets with material exploration perspectivity
To increase production of Wintershall Norge from currently around
40,000 boe/day to about 60,000 boe/day
To expand position as field operator in Norway and to gain experience with
subsea operations by taking over operatorship in the Vega field*
To significantly increase Wintershall's EBIT and future operating cash flow
BASF Capital Market Story January 2015
58
* Pipeline project will provide route for produced gas from Aasta Hansteen field to onshore processing facilitiesView entire presentation