Expanding Our Horizon - listed companyrhpetrogas.listedcompany.com/misc/RHP_corporatepresentation20Jan... · Expanding Our Horizon ... Pertamina, PetroChina, Petronas) ... Appendix

All rights reserved. No contents can be reproduced without prior written consent of RH Petrogas Ltd.

Expanding Our Horizon Corporate Presentation

January 2014


http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=1RdGtGcMdrSDGM&tbnid=GUgbRoGsQiXAhM:&ved=0CAUQjRw&url=http://sg.jobsdb.com/SG/EN/Search/JobAdSingleDetail?jobsIdList=400003001475030&sr=1&ei=zFfAUYbMNJDjrAfPsYDoDA&bvm=bv.47883778,d.bmk&psig=AFQjCNG8jRdGHml0176ty-5BiWryt_2Zvg&ust=1371646212692556



Disclaimer

The information set out in this presentation has been produced by RH Petrogas Limited as of 7 Jan 2014. This

presentation and the information contained herein does not constitute an offer to sell or an invitation to purchase any

securities in, or any underlying assets of RH Petrogas Ltd, nor is it intended to form any part of any investment

decision.

For the avoidance of doubt, RH Petrogas Ltd, including its subsidiaries, associated companies, and their respective

directors, employees, or advisers makes no express or implied representation or warranty and no responsibility or

liability is accepted by any of them with respect to the accuracy or completeness of the information set forth in this

presentation. Nothing contained herein is, or shall be relied upon as, a promise or a representation regarding the

historic or current position or performance, or any future events or performance of RH Petrogas Ltd. Parties should

make their own assessment, undertake such investigations as they see fit and obtain their own independent legal or

other advice thereon.

This presentation may include certain forward-looking statements. All statements, other than statements of historical

facts, that address activities, events or developments that RH Petrogas Ltd expects or anticipates will or may occur in

the future are forward-looking statements. RH Petrogas Ltd’s actual results or developments may differ materially from

those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not

limited to price fluctuations, actual demand, exchange rate fluctuations, market shares, competition, environmental

risks, changes in legal, financial and regulatory frameworks, international economic and financial market conditions,

political risks, project delay, project approval, cost estimates and other risks and factors beyond the control of RH

Petrogas Ltd. In addition, RH Petrogas Ltd makes the forward-looking statements referred to in this presentation as of

today and undertakes no obligation to update these statements.

This presentation was prepared exclusively for the parties presently being invited for the purposes of discussion.

Neither this presentation nor any of its content may be used without the prior written consent of RH Petrogas Ltd. This

presentation contains proprietary and confidential information regarding RH Petrogas Ltd.

2



RHP overview

E&P company listed on the Singapore Stock Exchange (“SGX”)

with market capitalisation of S$472 MM as at 7 Jan 2014

Asia focused with 5 assets in China, Indonesia and Malaysia

Operational and financial highlights (end of 2012):

• Net 2P reserves of 11 MMBOE*

• Net production of 4,300 BOEPD*

• Average realized oil price: US$109.7/bbl

• Sales revenue of US$86 MM

• EBITDAX of US$31 MM

Recent exploration success:

• Gas and condensate discovery in North Klalin in 2011

• Gas discovery in Fuyu in 2011

• Oil discovery in South East Walio in 2013

Stream of projects in pipeline which may add 2P reserves of

19 MMBOE in 2014 * Excludes gas reserves used as fuel for internal power generation, with a net production of 1,200

BOEPD in 2012

3

North Klalin well rig



RHP’s competitive position

4

Strong support from major shareholder with extensive network 5

Highly experienced management team with good knowledge and access to opportunities in the region

3

Established industry relationships and partnerships with major national oil companies (CNPC,

Pertamina, PetroChina, Petronas)

1 Balanced and diversified portfolio with full exposure to the E&P value chain

2

4

Near term development potential within current portfolio

6

Actively exploring value accretive acquisition opportunities



Balanced and diversified portfolio

5

Indonesia

Indonesia

China

PSC Production Exploration Development

√ √ √

Country

√ √ √

West Belida

√

√

√

SK331 √

Indonesia

Malaysia

Basin

Island

Fuyu-1

Island PSC (West

Papua, Indonesia)

W.I 33%

Area 1,097 km2

Operator PetroChina & Pertamina

Expiry 2020 SK331 PSC

(Sarawak, Malaysia)

W.I 80%

Area 11,600 km2

Operator RHP

Expiry 2039

West Belida PSC

(Sumatra, Indonesia)

W.I 94%

Area 1,402 km2

Operator RHP

Expiry 2039

Fuyu-1 PSC (Jilin,

China)

W.I 49%

Area 255 km2

Operator RHP

Expiry By 2038

Basin PSC (West

Papua, Indonesia)

W.I 60%

Area 872 km2

Operator PetroChina

Expiry 2020

W.I- working interest


http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=syf1gXwgu7mAPM&tbnid=Y487lWgbALYxtM:&ved=0CAUQjRw&url=http://gamebanana.com/sprays/65628&ei=NiLBUYDYAsn-rAfIwYHoCw&psig=AFQjCNGU6lizReGeXzOrei67bTZLvO8WCw&ust=1371698097547894

http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=owyyEhmKlLGdJM&tbnid=C6n7BWQbkU0E-M:&ved=0CAUQjRw&url=http://lunaticg.blogspot.com/2011/08/malaysia-merdeka-2011.html&ei=JCLBUdnIMIvorQe0sYAQ&psig=AFQjCNF0IggHnRhsiwhjFV9SrfnyksW3oA&ust=1371698068852542

http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=walrb9miB4R14M&tbnid=Xqm55NnryBT3sM:&ved=0CAUQjRw&url=http://graafix.blogspot.com/2011/05/wallpapers-flag-of-china.html&ei=tCHBUd6PK4KxrgfsxIGIDw&bvm=bv.47883778,d.bmk&psig=AFQjCNH7MYidle0qbrBXBQWSDY9waBE1HQ&ust=1371697968630713





Proven multi- pronged growth strategy

6

• Increase reserves and production organically from current assets portfolio for stable recurring income

• Track record of exploration success

Organic

Growth

Acquisition

Growth

• Capitalise on major shareholder’s network and resources to support and grow the business

• Major shareholder converted US$61 MM loan to equity in Aug 2012

Shareholder

Support

• Acquire high quality, low-to-medium risk assets with focus in Asia

• Successful acquisition of 5 assets located in proven hydrocarbon areas

Capital

Management

• Maintain strong investment discipline and strengthen balance sheet

• Low gearing of 15%* as at 30 Sept 2013

Operatorship

• Operate 3 of the 5 assets with excellent HSE track record

• Continue to strengthen operating capabilities across the full E&P chain

*Defined as net debt (total debt and borrowings minus cash and short-term deposits) divided by total equity


All rights reserved. No contents can be reproduced without prior written consent of RH Petrogas Ltd. 7

Reserves and resources overview

PSC Net 2P

(MMBOE)

Net 2C

(MMBOE)

Net PR(1)

(MMBOE)

Basin 9 12 432

Island 2 18 386

Fuyu-1 - 35 27

West

Belida - - 5

SK331 - - 180

Total 11(2) 65 1,030

(1) PR: Prospective Resources (best estimate) (2) Exclude gas reserve used as fuel for operations

(Chart not drawn to scale)

Potential value add with upgrading resources to reserves

through active drilling programme

2P 2C Prospective resources

SK331

West Belida

Fuyu-1

Island

Basin



Near term reserve growth plans

8

Reserves (MMBOE)

SE Walio (Basin PSC)

2.3 MMBOE of 2C to 2P

POD preparation

2 development wells planned upon POD approval

Fuyu-phase 1 (Fuyu-1 PSC)

7 MMBOE of 2C to 2P

Awaiting final ODP approval

40 development wells planned in 2014

North Klalin (Basin PSC)

9.5 MMBOE of 2C to 2P

POD preparation

Approval expected in 1H 2014

5 development wells planned in 2014

Potential for significant near-to-medium term reserve growth through

active in-fill drilling and new development projects

11

Target to convert a total of

19 MMBOE of 2C to 2P in 2014

0

5

10

15

20

25

30

35

2P (current) SE Walio Fuyu-phase 1 North Klalin

+2.3

+7

+9.5

11



PSC Q1 2014 Q2 2014 Q3 2014 Q4 2014

Basin 2 development wells

2 development wells 4 development wells 1 development well 1 appraisal well

Island

West Belida G&G

Fuyu-1 40 development wells

1 deep exploration well

SK331

700 km seismic acquisition and processing

Total net drilling Capex for full year currently estimated at US$58MM

Active work programme in 2014 to :

- Add onto existing production

- Unlock value from potential discoveries

2014 work program

9

Well work over and maintenance


http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=walrb9miB4R14M&tbnid=Xqm55NnryBT3sM:&ved=0CAUQjRw&url=http://graafix.blogspot.com/2011/05/wallpapers-flag-of-china.html&ei=tCHBUd6PK4KxrgfsxIGIDw&bvm=bv.47883778,d.bmk&psig=AFQjCNH7MYidle0qbrBXBQWSDY9waBE1HQ&ust=1371697968630713

http://www.google.com.sg/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=owyyEhmKlLGdJM&tbnid=C6n7BWQbkU0E-M:&ved=0CAUQjRw&url=http://lunaticg.blogspot.com/2011/08/malaysia-merdeka-2011.html&ei=JCLBUdnIMIvorQe0sYAQ&psig=AFQjCNF0IggHnRhsiwhjFV9SrfnyksW3oA&ust=1371698068852542




All rights reserved. No contents can be reproduced without prior written consent of RH Petrogas Ltd. 10

Appendix

• Asset Overview

• Reserves and Resources

• Major Shareholder

• Management and Executive

• Operating History

• Financial Highlights

• Sustainable Development-CSR

• PSC Regime Illustration

• Petroleum Resources Classification Framework

• Oil Price from 2004-now



Status

• Net 2P reserves: 11 MMBOE ( as of 1 Jan 2013)

• 2012 average net production: 4,300 BOEPD

Facts

• Location: West Papua, Indonesia

• Area: 1,969 km2

• Working interest: 60% for Basin PSC, 33.33% for Island PSC

• Oil-to-gas ratio of 92%:8%

• PSC expiry date: 2020

Partners

• Basin PSC ( PetroChina: 30%, Pertamina: 10%)

• Island PSC ( PetroChina: 16.79%, Pertamina:50%)

Operators

• Basin PSC: PetroChina

• Island PSC: PetroChina & Pertamina

Remarks

• Active field development programmes currently being carried

out for the following fields:

- Basin: North Klalin, SE Walio

- Island: TBC

• Exploration activities ongoing for:

- Basin: Klagalo

- Island: Koi

Basin & Island PSC – Production

11



Basin PSC – Development

North Klalin AND Southeast Walio North Klalin field, Arar area

Resources

• Net 2C: 9.5 MMBOE comprising;

- Gas: 46 BCF

- Condensates: 1.8 MMBC

Remarks

• North Klalin-1 well was discovered in 2011 and put on production

in March 2012. North Klalin-2 and 3 appraisal wells were

successfully completed and planned for production in 2014

• Plan of Development (“ POD”) currently being prepared

Southeast Walio field, Walio area

Resources

• Net 2C: 2.34 MMBO

Remarks

• POD for SE Walio field is currently being prepared

• 2 development wells will be drilled upon POD approval

Walio area

Arar area

12



Basin PSC – Exploration

Walio AND Arar

• Large inventory of prospects and leads identified in Walio and Arar blocks

• Net unrisked recoverable prospective resources : 432 MMBOE ( including

Klagalo)

W.KLAGAGI-1 KLAIMAS-1

may. ’2013 YPW. = REEF OUTLINE

0 KM

1 0.5

KLAWATI-1

NORTH

402-290

RECREATION PARK (Current Boundary)

KLAGALO-1

PROPOSED LOCATION

KLAGALO-2

PROPOSED LOCATION

KLADARA-1

KAIS DEPTH STRUCTURE MAP CI 50 FT

PROPOSED LOCATION

E Klalin-1

Klagalo, Arar Area

Resources

• Net Unrisked Recoverable Prospective Resources:32.4 MMBOE

Remarks

• Klagalo-1 reached TD of 2,157 meters on 6 Nov. The well is being completed

for testing after encouraging results from logs and SWC samples.

• If successful, appraisal well Klagalo-2 will be drilled directionally from Klagalo-

1 well pad.

13



Island PSC – Development

Koi

Resources

• Net 2C: 5 MMBO

Remarks

• Koi-1 was drilled in 2000. Well tested 980 BOPD and 2.7

MMSCFD.

• Completed 3D program in 2010.

• Koi-2 appraisal well reached TD on 30 Dec 2013, currently conducting drill stem tests (“DST”).

14



Island PSC – Exploration

Koi Complex & Sele Strait

SALAWATI ISLAND

WEST PAPUA

TBC

TBA

Koi Complex

Sele Strait

N Sele

Resources:

• Net 2C: 17.7 MMBOE

• Net unrisked recoverable prospective resource: 386 MMBOE

Remarks

• Large prospects and leads identified in offshore Koi Complex and Sele Strait

• TBA oil field re-activation expected in Q4 2014; tendering for FPSO (net 350

BOPD)

• TBC gas and condensates revised POD in preparation.

Net 2C (17.7 MMBOE)

TBC 7.0 MMBOE

Koi 5.0 MMBOE

North Sele 5.7 MMBOE

Net Unrisked Recoverable Prospective

Resources

Koi Complex and Sele Strait 386 MMBOE

15



Fuyu-1 PSC – Development

Status

• Net 2C: 35 MMBOE

Facts

• Location: Songlia Basin, Northeast China (Daqing Oilfield)

• Area: 255 km2

• Working interest: 49%

• Oil-to-gas ratio of 100%

• PSC expiry date: By 2038

Partner

• CNPC (51%)

Operator

• RHP

Remarks

• Onshore NE China at southern extension of prolific

Songliao Basin

16



Fuyu-1 PSC – Exploration

Deeper gas zone

Resources:

• Net Unrisked Prospective Resources: 162 BCF (27

MMBOE)

Remarks

• Exploration well JF001 drilled into deeper zone and

reached TD at 2,272 M in July 2011

• Total net pay 30 M, tested tight gas sand

• Seismic reprocessing completed, interpretation

ongoing

• Planning 2nd deep well for 2014

• Fracking of tight gas planned for both wells

17



West Belida PSC – Exploration

Status

• Net unrisked recoverable prospective resources: 5 MMBO

Facts

• Location: South Sumatra, Indonesia

• Area: 1,402 km2



Partner

• PT Bayu Energy Lestari (6%)

Operator

• RHP

Remarks

• Located in the prolific South Sumatra Basin next to known

producing trend of Piano, Gambang, and Kenong fields

• Proximity to existing infrastructure

• 240 km of 2D seismic completed in August 2011

• Gitar-1 well reached TD of 4,000 ft in November 2012 with

800 feet gross column of hydrocarbon shows.

• Further G&G studies

0 100km

Central Palembang

Sub basin

Jambi

18



SK311 PSC – Exploration

Status

• Net unrisked recoverable prospective resources: 180 MMBOE

Facts

• Location: Onshore Sarawak, Malaysia

• Area: 11,600 km2



Partner

• Petronas Carigali (20%)

Operator

• RHP

Remarks

• Onshore extension of Balingian basin which contains oil & gas

fields offshore

• Aerogravity / Aeromagnetic survey completed in early August

2013

• Seismic acquisition planned in 2014 followed by exploration

well drilling in 2015.

19



Basin

PSC

• Producing

• North Klalin

• SE Walio

• Walio & Arar

• Klagalo

• Producing

• Koi

• TBC

• North Sele

• Koi Complex

and Sele Strait

• Fuyu

• West Belida

• SK331

Island

Fuyu-1

West Belida

SK331

Field 2P 2C Prospective

Resources

9.0

-

-

-

-

2.0

-

-

-

-

-

-

-

11.0*

-

9.5

2.3

-

-

-

5.0

7.0

5.7

-

35.0

-

-

65.0

-

-

-

399.6

32.4

-

-

-

-

386.0

27.0

5.0

180.0

1,030.0

Total

(MMBOE)

Reserves and resources table

*Excluding gas reserves used as

fuel for operations

20



Strong major shareholder support

BOARD OF DIRECTORS

Tan Sri Datuk Sir Tiong Hiew King Executive Chairman

Dato’ Sri Dr Tiong Ik King Executive Director

Chang Cheng-Hsing Francis Group CEO and Executive Director

Peter Ng Choong Joo Executive Director

Abbasbhoy Haider Nakhoda Independent Director

Bernard Yeo Yun Seng Independent Director

Lee Hock Lye Independent Director

TAN SRI DATUK SIR TIONG HIEW KING

CHAIRMAN OF RH GROUP, A MULTINATIONAL DIVERSIFIED CONGLOMERATE

IN TIMBER, PALM OIL, MEDIA, OIL & GAS AND OTHERS

Chairman of RH Petrogas Ltd

Chairman of Rimbunan Sawit Bhd

Chairman of Media Chinese International Ltd

June 2009 – bestowed the Knight Commander of the Most Excellent Order of the

British Empire (K.B.E.) by Queen Elizabeth II of the United Kingdom

March 2013– ranked Malaysia’s 9th richest person by Forbes

RH Petrogas is 64.6% owned by the Tiong family

21



Management and executive

Over 20 years of oil & gas experience involving both upstream and downstream sectors

Spent 18 years with Singapore Petroleum Company Ltd (SPC), played a key role in many

successful acquisitions and joint ventures

Led SPC’s E&P asset team responsible for managing the company’s entire portfolio of upstream

exploration and production assets

Over 35 years’ experience with US based major and independent oil companies

Worked in major producing basins around the world, particularly the Asia Pacific region

Held management and executive positions for 8 years with GNT International Group, Texas

American Resources, Kerr McGee/Anadarko Petroleum based in Beijing, China

18 years of corporate law experience

Previously legal counsel at SPC responsible for and managing a wide spectrum of projects and

areas

Admitted as an advocate and solicitor in Singapore

Joined the Group in 2006 as internal audit manager

Previously Financial Controller and later as General Manager of a company in the RH Group in

South America

Fellow of the Association of Chartered Certified Accountants

CHANG CHENG-

HSING FRANCIS

Group CEO &

Executive

Director

EDWIN TAN

VP, Legal

GY THEN

VP, Finance

SAMUEL

CHEONG

VP, Commercial

22



• Over 33 years’ experience with Indonesia based major and independent oil companies, including

state company Pertamina

• Worked mainly as a new venturer in Southeast Asia – Australia basins, particularly in Indonesia

• Management position for several years with Petrochina Jakarta for the Salawati Basin blocks, West

Papua, Eastern Indonesia

• Over 27 years of experience in the oil & gas industry and has won various awards for his

contributions & achievements in both technical & managerial roles

• Has worked in various departments in Sinopec and multinational oil & gas upstream companies

operating in China

• Holds a Master degree from China University of Geosciences and is a qualified senior engineer in

Geology

• Over 25 years of international E&P business experience with Japanese oil companies

• Working experience for E&P business in Saudi Arabia, Norway, Malaysia, Vietnam, China and Gulf

of Mexico

• More than 10 years exploration manager/GM experience as well as 5 years’ management positions

with Arabian Oil Company (AOC) operating in ex-Neutral zone and JX Nippon Oil & Gas Exploration

based in Tokyo

• Over 37 years of experience in the petroleum E&P business, with focus on the major producing

basins in Myanmar- both onshore and offshore

• Worked with Myanma Oil and Gas Enterprise (MOGE) under Ministry of Energy (State sector) for

over 30 years. Last held position was Chief Geologist for Exploration and Development and acting

Director(E&P)

Liu Qing Hai,

GM of Kingworld

Resources

Hajime Kusaka

GM of RHP

(Mukah)

Khin Maung Kyi

Senior Adviser

for Myanmar

Nana Djumhana GM of RH Petrogas

Indonesia

We have on-the-ground staff with strong local experience in each of the countries (Indonesia, China, Myanmar,

Malaysia and Singapore) to manage current operation as well as exploring new opportunities

Management and executive

23



Operating history

Dec 13 ▪ Shallow water offshore well Koi-2 reached TD.

Nov 13 ▪ Drilling operations ongoing for Klalin-15 and Klalin-17 development wells onshore Basin.

Oct 13 ▪ Spudding of Klagalo-1 exploration well to test the Klagalo prospect in the Kais Limestone reservoir.

Oct 13 ▪ Completion of placement of up to 116,000,000 new ordinary shares @S$0.63 per share.

Sep 13 ▪ Completed drilling of Klalin 14 development well in Basin PSC, Indonesia with good flow test results.

Sep 13 ▪ Completed 12,414.2 line KM of aeromagnetic survey on SK331, Malaysia

Sep 13 ▪ Spudding of high impact well Zircon-1 in Island PSC, Indonesia

Jun 13 ▪ North Klalin-2 oil discovery in Basin PSC, Indonesia

Dec 12 ▪ North Klalin-3 discovery in Basin PSC, Indonesia

Dec 12 ▪ Signed SK331 PSC with Petronas Malaysia

Aug 12 ▪Completed debt conversion exercise by converting US$61.5MM of debt into 157,455,957 new ordinary shares at the

issue price of S$0.492 per share.

Aug 12 ▪ Received ODP approval on Fuyu-1 PSC from CNPC

Oct 11 ▪ Gas & condensate discovery of North Klalin, Basin PSC, gas discovery in Fuyu, China

Aug 11 ▪240 km of 2D seismic completed for West Belida, Indonesia and drilled Giltar-1 well with 800ft gross column of oil

shows in Nov 2011

Feb 11 ▪ Full year results - turned around company to be profitable

Dec 10 ▪Completed acquisition of Lundin’s and PearlOil’s interests in the Basin PSC (60% W.I.) and Island PSC (33.2142%

W.I.) in West Papua, Indonesia

Aug 10 ▪ Completed divestment of electronics business

Jun 10 ▪Acquired Orchard Energy Pte Ltd (“OE”) from Temasek, together with its Management Team. OE holds an interest in

and is operator of West Belida PSC in South Sumatra, Indonesia

Nov 09 ▪ Renamed as RH Petrogas Ltd to reflect its new focus in the oil and gas business

Aug 09 ▪Diversified into upstream oil & gas business by acquiring Kingworld Resources Ltd (“KRL”), operator of Fuyu-1 PSC

in Jilin, onshore China

1993 ▪ Tri-M Technologies (S) Ltd” engaged in the electronics manufacturing business, listed on SGX

24



Financial summary

Revenue EBITDAX 1

9M 2013 9M 2012 2012 2011 9M 2012 2012 2011 9M 2013

US$ MM US$ MM

89.4 86.4

60.3 57.8

0

50

100 34.0 30.8

21.5 18.4*

0

20

40

Debt Outstanding 49.2

Cash Balances 23.3

Net Debt 2 25.9

Net Gearing 3 15%

(US $MM)

(As at 30 Sept 2013)

1. Earnings before interest, taxation, depreciation, amortisation and exploration expenses

2. Defined as total debt and borrowings minus cash and short-term deposits

3. Defined as net debt divided by total equity

* Include allowance for inventory obsolescence amounting to US$3.8MM. Excluding such provision, EBITDAX for 9M 2013 would be US$22.2MM.

25



Committing to build a better future

Sustainable development - CSR

Respecting the environment

Helping local communities to improve living conditions

Fostering local developments through skill training workshops

Promoting transparency and contributing to investors’ education in E&P industry

Donating to charitable causes

Donating to charitable causes

Sponsoring for SGX Oil and Gas seminar

26



Typical PSC regime – sharing of production

* Excludes income tax payable by contractors on taxable income

Entitlement *

Co

ntr

acto

r en

titl

emen

t G

ove

rnm

ent

en

titl

emen

t

Profit Oil After

Gov levies

Other Gov levies

Profit Oil Cost Recovery

Co

st R

eco

very

Sh

arab

le P

rofi

t O

il

Royalty

Ro

yalt

y

Production

Contractor’s share

Government’s share

Go

vern

men

t P

rofi

t O

il

Co

ntr

acto

r P

rofi

t O

il



Petroleum resources classification framework

28

Resources Classification Framework Sub-classes based on Project Maturity

Source: Society of Petroleum Engineers website



Oil price trend

29

0

30

60

90

120

150

Jan-0

4

Jan-0

5

Jan-0

6

Jan-0

7

Jan-0

8

Jan-0

9

Jan-1

0

Jan-1

1

Jan-1

2

Jan-1

3

Jan-1

4

Europe Brent Spot Price FOB from 2004-2014

US$/bbl

Source; http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm


http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm

http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm


Contact us

Corporate Head Office

RH PETROGAS LIMITED

20 Harbour Drive

PSA Vista #06-03/03A

Singapore 117612

Corporate website:

http://www.rhpetrogas.com/

Tel no. :(65) 6216 3988

Fax no. :(65) 6896 2821

Email

Ms Susanne Chuang

Treasury and Investor Relations

Manager

[email protected]

Mr. Francis Chang

Chief Executive Officer

[email protected]

30





Documents

Expanding Our Horizon - listed companyrhpetrogas.listedcompany.com/misc/RHP_corporatepresentation20Jan... · Expanding Our Horizon ... Pertamina, PetroChina, Petronas) ... Appendix