Dana Gas PJSC · ADX:DANA
Dana Gas PJSC — Gas Arabia Summit 2015
20 slides from Dana Gas PJSC's conference presentation, January 2015
Slide 1: Clean Energy For the MENA Region's Tomorrow
Clean Energy For the MENA Region’s Tomorrow Gas Arabia Summit , Dubai Dr Patrick Allman-Ward Chief Executive Officer Dana Gas PJSC January 2015 www.danagas.com 1
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains forward-looking statements Forward-looking statements are based on certain assumptions which may be identified by their use of words like “plans,” and expectations of future events. The Company, its “expects,” “will,” “anticipates,” “believes,” “i
Slide 3: Presentation Outline
Presentation Outline Middle East – Energy dynamics and growing role of gas Dana Gas – Regions leading gas independent Providing solutions to local gas market challenges Summary www.danagas.com 3
Slide 4: Gas is the growth fuel of the 21st Century
Gas is the growth fuel of the 21st Century. It has strong environmental credentials, is cost competitive , is accessible and available in abundance Current full lifecycle costs for new-build power generation including externalities (USD per boe) 300 250 Fall in oil price has brought its price below
Slide 5: Middle East gas demand is poised for continued growth
Middle East gas demand is poised for continued growth as the region’s population and economy grows in coming decades GDP Growth of Middle East1 Regional Gas Demand Growth in Last Decade 3,500 CAGR: 8.2% 3,000 500% 162 2,500 2013 Gas GDP, USD bn 450% Demand 2,000 (bcm pa) 1,500 400% Total Gas Demand
Slide 6: Middle East has abundant gas resources
Middle East has abundant gas resources to fulfil both domestic and international gas demand for over a century Gas Resource Holders in Middle East (incl. Egypt) 40 (Total Reserves: c. 82 Tcm) Proved Gas Reserves, tcm 35 Access to Private Capital Based on IHS estimates Open 30 60-70% of Middle Easter
Slide 7: Dana Gas is a gas focused regional independent E&P company
Dana Gas is a gas focused regional independent E&P company and is listed on the ADX Dana Gas is operating at the heart of the Dana Gas is a MENASA focused gas World’s Largest Hydrocarbon region independent headquartered in the UAE Dana Gas is quoted in the UAE stock exchange (Abu Dhabi Securitie
Slide 8: Dana Gas is uniquely positioned to grow across the region
Given strong gas demand fundamentals and resource potential, Dana Gas is uniquely positioned to grow across the region Reserve & Resources Dana Gas is operating at the heart of the world’s largest hydrocarbon bearing region Production Profile CAGR 14% Business Model across the gas value chain Mid St
Slide 9: Dana Gas is a leading reserve holder and producer in MENA
Dana Gas is a leading reserve holder and producer in its core areas in MENA region 2014 Production Ranking of Independents in Dana Gas’ Region of Operation1 80 2014 WI Production, kboepd 70 60 50 40 30 20 10 0 Reserve Ranking of Independents in Dana Gas’ Region of Operation1 1,600 1,400 Gas 2P Reser
Slide 10: UAE needs to tap into its domestic gas resources
To meet its growing gas demand, the UAE needs to tap into its domestic resources and create greater connectivity to global LNG markets. As Dana Gas, we are focused on developing gas resources in the region for local needs UAE Gas Demand Balance Map of UAE with major oil and gas infrastructure Zora D
Slide 11: UAE: Zora Project Update
UAE: Zora Project Update Overall project progress is in line with plans for first gas in 1H 2015 with a capacity of 40 mmscfd (6,650 boepd ) All major facilities contracts now awarded Offshore platform fabrication progress 70% Line Pipe manufactured and transported to Abu Dhabi and coating i
Slide 12: Egypt gas fundamentals are robust
Despite a challenging business environment; Egypt gas fundamentals are robust Egypt GDP (USD bln) Egypt Primary Energy Supply (mln toe pa) 100 Primary Energy Demand (mln toe pa) Other Renewables 90 Coal 80 Hydro electric 70 Oil Natural Gas 60 50 40 30 20 10 0 Gas consumption in Egypt to exceed Onsho
Slide 13: Largest independent gas producer in Egypt
Dana Gas is the largest independent gas producer and 4th largest onshore producer in Egypt 2014 Gas Production Ranking in Egypt 1,000 (* denotes company is an operator) 2014 WI Production, mmcfpd 800 Dana Gas Egypt Credentials: 600 9th largest producer 6th largest operator th 4 largest onshore produ
Slide 14: Gas Production Enhancement Agreement in Egypt
Gas Production Enhancement Agreement helps Egypt increase production while delivering long term value to Dana Gas GPEA initiative allows Dana Gas to optimise core Nile Delta asset Investment highlights: • Drilling includes 37 new wells and an equivalent number of work-over wells over a 7 year period
Slide 15: Newly awarded exploration blocks in Nile Delta
Newly awarded exploration blocks in Nile Delta enables Dana Gas to build on its core area production and utilising existing infrastructure Blocks 1 & 3 located adjacent to Dana Gas’ • Awarded the North El Salhiya (Block 1) and El prolific Nile Delta development leases Matariya (Block 3) onshore conc
Slide 16: Investment into exploration assets in Egypt
Dana Gas’ investment into exploration assets highlights its long term plans for investment in Egypt and its future upsides in the country G&G studies prior to commencing seismic acquisition in Q4-14 / Q2-15 Environmental Impact Assessment ahead of seismic operations Seismic reprocessing of vin
Slide 17: Rich gas and condensate producer with strong growth track record
Rich gas and condensate producer with strong growth track record Khor Mor Field Production, Dana Gas net share (40%) 3 Pearl has invested over $1.1bn of capital in the region and produced c.100 mmboe of oil and gas (incl. over 400 bcf of gas) from the Khor Mor Field. Gas produced from the Khor M
Slide 18: Khor Mor and Chemchemal potentially largest gas fields in the KRI
Khor Mor and Chemchemal are potentially largest gas fields in the KRI and comparable to large scale gas developments in the region Large Gas Developments in MENA (Source: Company disclosure) 60 Gas in Place * (in TCF) 30 0 KhorMor + Miran Bina Bawi Khazzan Leviathan + Al Hosn (sour Chemchemal (Tight
Slide 19: MENA gas markets have huge potential
MENA gas markets have huge potential and strong fundamentals for growth. Market based pricing could accelerate the development of gas as the region’s preferred fuel for economic growth MENA Gas Supply vs Demand Balance Global Wholesale Domestic Gas Prices Proved Gas 2013 Production Proved Reserves R
Slide 20: Reach Us: Dana Gas PJSC
Reach Us: Dana Gas PJSC P. O. Box 2011, Sharjah, UAE www.danagas.com E-mail : [email protected] Direct : +971 6 519 4401 Fax : +971 6 556 6522 www.danagas.com 20