Investor Presentaiton
H1 2020 WORKING INTEREST PRODUCTION
Volumes are well within guidance for 2020 despite severe market challenges in second quarter
boepd
60,000
Oil production
Gas production
FY 2020 guidance
unchanged at
47-57kboepd
51,177
50,000
40,000
43,372
49,867
48,491
46,498
36,924
24,198
14,369
22,563
30,823
30,000
28,341
6,571
25,877
19,070
4,867
20,020
20,000
5,226
10,000
14,794
15,786
29,003
23,474
24,252
10,091
25,669
23,935
17,853
17,060
15,103
33,388
34,117
H1 2020
PERFORMANCE
› Average W.I. production in H1 2020:
51,177 boepd (Q1 2020: 48,491)
> Eland achieved 10,861 bopd, c32%
of Group oil volumes
> Pipeline issues affected exports from
OML 4, 38, 41
> Gas production recovering after Q1
maintenance and 3rd party downtime
IMPACT OF OPEC+ CUTS
> No impact in H1 2020
› Seplat July production within revised
quota, August quota similar to H1
average
> No change to previous FY guidance
0
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Q1 2020
41
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATIONView entire presentation