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Pre-Eminent Regional Independent – Vast
Opportunities to Replicate Success
Strong Regional
Relationships and
Track Record
Established regional network and relationships with key decision makers, enabling access to new
opportunities and supporting current operations
Management team well known in the regional oil & gas sector and with a solid track record of
reserves, resources and production growth delivery
Untapped
Resources Potential
in the Region
Material and low risk exploration and appraisal upside within existing portfolio, with additional
seismic and drilling activities in Block 9 to be conducted in 2016
Strategic focus on one of the most prolific and cost effective hydrocarbon regions globally and ideally
positioned to secure future potential opportunities (e.g. in Iran, subject to sanctions being lifted, and
Kuwait)
Solid Financial
Position
Existing production as well as project start-ups provide stable cash flows and mitigates financing risk
Material existing cash position and additional debt headroom underpins planned near and mid-term
developments
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