Investor Presentaiton
9M 2020 FINANCIAL HIGHLIGHTS
Cash balance increases, NPDC receivables fall, capex increased, interim dividend of $0.05/share
REVENUES
22%
US$388 million
Impact of COVID-19 and oil price fall
9M 2019: $495 million
LOSS BEFORE TAX
170%
US$130 million
Loss results from IAS36 impairment
9M 2019: $185 million profit
CASH AT BANK
36%
US$213 million
After $100m RCF loan repayment
FY 2019: $333 million
UNIT OPERATING COSTS
41%
US$8.73/boe
OML40/Ubima export cost, lower production
9M 2019: $6.20 / boe
EBITDA
16%
US$206 million
After adjusting for non-cash items
9M 2019: $244 million
NET DEBT
5%
US$479 million
Includes $692m gross debt
FY 2019: $456 million
GENERAL & ADMINISTRATIVE
22%
US$52 million
Cost savings being achieved
9M 2019: $55 million
45 SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
CAPITAL INVESTMENT
70%
US$109 million
Investment for growth
9M 2019: $64 million
NPDC RECEIVABLES
32%
US$152 million
Strong government partnership
FY 2019: $222 millionView entire presentation