Investor Presentaiton
9M 2020 WORKING INTEREST PRODUCTION
Volumes are well within guidance for 2020 despite severe market challenges in second quarter
boepd
60,000
FY 2020 guidance
48-52 kboepd
50,000
40,000
Oil production
Gas production
43,372
51,177
50,653
49,867
48,491
47,163
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
17,853
25,669
23,935
17,060
17,326
15,103
33,388 34,117
33,327
0
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 3M 2020 6M 2020 9M 2020
42
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
23,505
23,658
9M 2019
PERFORMANCE
> Implemented robust strategy to
manage COVID 19 risk to operations
› Average W.I. production in 9M 2020:
50,653 boepd
> Q3 oil production affected by BRVS
accident, downtime and quotas
› Gas production improving after Q1
turnaround maintenance gains
› Average gas price $2.88/Mscf
IMPACT OF OPEC+ CUTS
> Eastern Assets impacted most (20%)
› Leveraged on OPEC+ exemption of
condensate for Western Assets
› Ongoing engagement with regulators
to increase quotaView entire presentation