Catalyst for Growth

Oil & Power Conference22 November 2018

01VISION & MISSIONDPOC objectives & strategies for sustainable future growth

02ASSET OVERVIEWCoverage of Block 3&7 in South Sudan

04BRILLIANT AT BASICSCreating of a stronger foundation for DPOC

AGENDA

03PRODUCTION OUTLOOKTwo pronged approach in meeting long term target

05ASSET HIGH GRADINGAchieving DPOC aspirations

06SUMMARY & CONCLUSIONKey takeaways

07Q&A

Vision & MissionDPOC objectives & strategies for sustainable future growth

Vision“TobethePremierPetroleumOperatingCompanyinAfrica”

Missionü Ourmissionistobecomeworld-class

operatorü Ourresponsibilityistodevelop&addvalue

tostakeholders

StrategicDirectionü Maximise ValuethroughAggressiveExploration&EarlyReserveMonetisation

ü SustainableProductionBeyond200Kstb/dü EffectiveStakeholdersManagement&Integration

Notes:• Integrity:honest&upright• Professionalism:committed,innovative,proactive,productivity&alwaysstrivingforexcellence• Cohesiveness:Unitedinpurpose&teamwork

SupportedbyCoreValues:IntegrityProfessionalismCohesiveness

Asset OverviewDPOC - Blocks 3E, 7E and 3D

EPSA Expiry:Exploration 3E & 7EDev & Prod 3E & 7EDev & Prod 3D

16 February 202011 February 202711 February 2029

Equity Participation

41% CNPC40% PCNL8% Nilepet6% SINOPEC5% Tri-Ocean

Contract Area 47,957 KM2

STOIIP 6,207 MMstb

Cum Production 701 MMstb

Notes:• Dataasat31st Dec2017

Production OutlookDelivery of sustainable production can be achieved with two pronged strategy

0

40

80

120

160

20020

18

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

Prod

uctio

n Ra

te, k

stb/d

Existing + Production Enhancement

Infill + Production Optimization

2C & 2U Maturation

Notes:• ProductionoutlookasperBoardMeeting#6(Nov2017)

Brilliant at BasicsBuilding blocks for a stronger DPOCfoundation

Asset High GradingPushing boundaries to achieve DPOC long term aspirations

Brilliant at BasicsBuilding blocks for a stronger DPOC foundation

Business Process & Control• Data Management• Guidelines & policies• Process Automation

Asset Integrity• Process efficiency• Scheduled maintenance

People & Capability• Structured development plan for

technical, business support & leadership

• On-the-job training• Training center for oilfield

technicians

Community Development• Health• Water• Education• Agriculture

Health, Safety & Environment• Safety – process safety, culture & mind set• Environment – hazardous waste, produced

water quality

Asset High GradingPushing boundaries to achieve DPOC long term aspirations

Maximise DPOC value

Field Modernization• Remote wells

monitoring

2C to 2P Optimization• Commercial

monetization of 2C

Operational Excellence

• Brilliant at Basics

• Production 200kstbd with 2C & 2U

• UPC USD7/bbl

Exploration

• Discovery of prospective resources

Abandonment

• Safe• Cost effective

Summary & ConclusionRight culture and mindset is key for a sustainable future

DPOC as revenue

foundation

DPOC is the foundation of South Sudan oil industry

Good practices & capability building in DPOC will help develop future oil fields in South Sudan

Capability& best

practices

Government & related support

Future of South Sudanoil industry

DPOC can’t do it alone. Support from relevant government agencies & capable industry players is key

With a good foundation, South Sudanwill continue to prosper

Any questions?

THANK YOU