Corporate Presentation 按一下以編輯母片標題 Presentation 2016 Dec_ENG.pdf · Other...

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12/12/2016 1www.sino-oilgas.hk

Hong Kong Stock Code：00702.HK

Corporate Presentation

December 2016


12/12/2016 2www.sino-oilgas.hkwww.sino-oilgas.hk

Group Profile1

Industry Highlights2

Company Highlights3

Latest Updates

4

2

Content



Introduction

Business Structure

Business Overview

Shareholder Structure

Management Profile

01Group Profile Milestones

3

Major Investment Partners



Listed on the main board of the Hong Kong Stock Exchange (Stock code: 0702) in February2000, an MSCI China Small Cap Index stock since 2009

Focus: Conventional and unconventional oil and gas, specialized in coalbed methane (“CBM”)

Region: Investment among the PRC’s best CBM blocks of Eastern Edge Ordos Basin & QinshuiBasin

Vision: To be an international oil and gas explorer and developer

Strategy:

Venture with state-owned oil & gas companies, acquiring blocks offering to foreign investorswith high degree of exploration and commercialization. Meanwhile, strengthen overseas oiland gas exploration and development

Our Assets:

• Sanjiao CBM Field

Unconventional CBM Field

• Jinzhuang Oil & Gas Field

• Liuluoyu Oil Field

Conventional Oil & Gas Fields

Introduction

4



Business Structure

Sino Oil and Gas Holdings Limited

Crude Oil Business

Coalbed Methane Business

Raw Coal Washing Project

LNG Station Project

1. The Group through a wholly owned subsidiary holds 95% revenue interest of Liuluoyu and Yanjiawan Oil Fields;The Group through a wholly owned subsidiary holds 95% revenue interest of Jinzhuang Oil Field

2. The Group through a wholly owned subsidiary holds 70% interest of Sanjiao CBM Block3. The Group through a wholly owned subsidiary holds a 75% equity interest of a raw coal washing project company

located in Qinshui Basin, Shanxi Province4. The Group through a wholly owned subsidiary holds 30% interest of a LNG project Company located in Shanxi

Province

1 2 3 4

5



CBM Exploration & Development

Raw Coal Washing

Description of the contents

Sanjiao Block

CBM reserves of 43.5 billion cubic meters. The ODPof Shanxi Sanjiao CBM Project has received theofficial approval from NDRC in Nov 2015

Sanjiao is core development project stated onNDRC’s policy paper “12th five-year plan”

Partner with China National Petroleum Corporation

Shaanxi Oilflied

Oil field Liuluoyu and Yanjiawan located in OrdosBasin :2P reserve crude oil about 3,830,000 tonnes2P reserve crude oil

Oil field Jin Zhuang located in Ordos plateauhinterland: oil reserve of 4.15 million tonnes

1

2

3China Conventional Oil Development

Qinshui Raw Coal Washing Project

Through in-depth cooperation with the local sizablecoal enterprises, the Group is actively seeking todiversify the business model and cooperationprojects

In January 2016, the Group entered into a non-legally binding Strategic Cooperation FrameworkAgreement (“Framework Agreement”) with ShanxiGuxian Lanhua Baoxin Coal Company Limited (山西古縣蘭花寶欣煤業有限公司) (“Lanhua Baoxin”), which

benchmarked the Group’s official entrance into theCBM market of Qinshui Basin

6

Business Overview



Liquefied Natural Gas

Canada Oilfield Business

Located in Alberta, Canada

At least 10 reef oil pools been found to support aminimum of 30 wells drilling

Along Highway 88, complete ground facilities,saving cost of road construction

4

5Shanxi LNG Project

In the process of setting up a liquefied natural gas(“LNG”) station with daily procession capacity of 1.2million cubic meters in the Sanjiao area of ShanxiProvince

The first phase design of the LNG station, with a dailyprocessing capacity of 300,000 cubic meters hasbeen completed through public tender. The 120,000square meters land use rights has also been obtainedat the same time.

The LNG Station will be constructed in line with theschedule of ODP, which will further broaden theSanjiao project’s sales channels.

Possible Acquisition of Overseas Conventional Oil

7

Business Overview



Corporate Milestone

2000

2006

2013

2015

2014

2009

2012

2010

2011

February Listed on HKEX main board (stock code：0702.HK)

March Orion Energy International (“OEI”) signed the PSC of Sanjiao block

May Listed on MSCI China Small Cap Index

MayAcquired Shaanxi Jinzhuang oil field businessOctoberSanjiao Proved Reserve of 43.5 billion cubit meter endorsed by NDRCNovemberAcquired 100% interest of OEI, who is the foreign operator with 70%stake in the Sanjiao PSC

MaySales Collaboration Agreement signed with PetroChinaSeptemberCreated the “Sanjiao model” and resolved overlapping mineral tenementsconflicts, which is fully affirmed by Zhang Dejiang, Former Deputy PrimerMinister of State Council

JanuaryNDRC release on policy paper 12th five-year plan include Sanjiao ascore development projectAugustNEA initiate approval on Sanjiao ODP (1st phase of 500 million m³production capacity)DecemberFormed PRC JV company in liquefying coal seam gas with ShanxiInternational Electricity Group

December Introduced Sinomaster Group as a strategic shareholder

February Introduced the founder and chairman of Kingkey Group Limited ChenHua as a strategic shareholderJune and SeptemberAnnouncements made on for the signing of a MOU of a potential acquisition in Canada

MarchSanjiao Project was listed on the Key Construction Works 2015 issued by theoffice of Shanxi People’s GovernmentJulyAchieved daily production volume of 180,000 m³NovemberThe ODP of Sanjiao CBM Project has received the official approval fromNDRC

Obtained 2 invention patents approved by State Intellectual Property Office ,which achieved technological breakthroughs

2016

JanuarySigned a strategic Framework Agreement with Lanhua Baoxin forthe development of CBM businessFebruaryUpdated the Reserves Report, Sanjiao CBM project NPV rose 33%to HK $ 11.5 billionMarchMinistry of Finance will increase by 50% of the allowances for CBMdevelopment and utilization during the "Thirteen Five“, added up to0.3 yuan per m³Sanjiao project for two years been included in key projects inShanxi Province

8



Dr. Dai Xiaobing, Chairman

Chairman and Executive Director since September 2011, Dr.Dai is in charge of the overall affairs of the Group Responsible for the Group’s human resources management (including human resources planning, personnel deployment, remuneration scheme

and staff training; capital operation (including financing, investment and merger and acquisition of projects) and technology management(including introduction and application of technology)

Dr.Dai is experienced in the corporate finance sector as well as merger and acquisitions and corporate restructuring od companies.

Mr. King Hap Lee, Deputy Chairman & CEO

Deputy Chairman and Executive Director since September 2012, Chief Executive Officer since June 2014 Responsible for the Group’s strategic planning, operation planning, external relationship and organizational management (including rules and

systems, organizational structure and corporate culture) Worked for various central government departments and state-owned enterprises for a considerable period of time.

Mr. Wan Tze Fan, Terence， Executive Director & CFO

CFO and Executive Director since March 2009 Responsible for the Group’s financial management (including investment budget, allocation of funding, control on sales as well as inspection and

audit of financial matters), legal matters (including tracking on legal matters, risk control and compliance monitoring) and internal affairs of theheadquarter of the Group.

Holds a master degree of business administration. He has years of experience accounting and financial management and worked for internationalaccounting firms and listed companies in Hong Kong.

Mr. Zhu Danping, Chief Operating Officer

Chief Operation Officer since August 2015, Director of Orion Energy International Limited and Vice Chairman od Pipeline International Limited Responsible for the operational management of the Company’s subsidiaries, including daily routine inspection, supervision over their goals and

responsibilities, evaluation of performance and statistics of information. Worked for government, enterprises in leadership position for a long period of time, he has extensive experience in operating management and

working for government authorities.

9

Management Profiles



11.5%

8.7%

8.0%

10.5%

4.5%

6.9%

51.1%

Sinomaster Global Limited (Huang Shaowu)

He Lin Feng

Dai Xiao Bing, Chairman

SOG Management Team

Other Long-term Investors

Other Institutional Investors

Public

10

Shareholder Structure

Capitalization Summary

Issued Shares (11 July 2016) 17,288 million

52-Week Price Range 0.245 – 0.158

Net Assets (30 December 2015) HKD 3,503 million

Asset-liability Ratio (30 December 2015)

19.02%

Market Capitalization(11 July 2016) HKD 3,804 million


12/12/2016 11www.sino-oilgas.hkwww.sino-oilgas.hk 1111

Date Investor Format Amount Due Date

InterestRate

Conversion Price

Jun 2015 Harvest Progress International Limited

Issue of Convertible Bonds

HKD 100,000,000 2017 8% HKD 0.207

Feb 2016 CCB International Overseas Limited


HKD 200,000,000 2018 8% HKD 0.207

May 2016 Central China International Investment Company LimitedCentral China Blue Ocean Investment Management Co., LtdPresident Securities (Hong Kong) Limited


HKD 160,000,000 2018 8% HKD 0.207

Jun 2016 Crescent Spring Investment Holdings Limited, a wholly-owned subsidiary of China Huarong International Holdings Limited.


USD 130,000,000(approximately HK$1,010,100,000)

2019 8% HKD 0.207

Major Investment Partners

Sino Oil and Gas is committed to develop a high level of integrated management team,and provides investor relations and financing team with full support. Over the years, theGroup's Investor Relations team is maintaining a good partnership with shareholders andinvestors, and actively communicates with institutional investors. Today, the Group'sbusiness strength was highly recognized by the industry, and established partnershipswith a number of outstanding institutional investors, including:



China Energy Structure Reform

Growing Momentum of

China CBM Industry

Precise Industry Supporting Policies

02

12

Business Highlights



51%

18%

12%

19%

2035 Predicted China Energy Consumption Structure

Coal

Oil

Natural Gas

Nuclear Hydro and others

Sourcing： BP2035China Energy Outlook Executive Summary、NDRC、Ministry of Land and Resources of PRC and National Bureau of Statistics of PRC

66%

17%

6% 11%

2014 China Energy Consumption Structure

Coal

Oil

Natural Gas

Nuclear, Hydro and others

The proportion of natural gas in 2035 will increase

to 12%

The emerging natural gas market China conventional gas production growth is limited (average

production of approximately 11,000-12,000 million m³ peryear），which needs to rely on the imports of supplementarygas in order to fill the supply gap

Shanxi natural gas consumption keeps rising, the total amountof gas supply in 2015 amounted to 15 billion m³ , gasificationcoverage exceed 52%. In 2020, it is expected to break through36 billion m³ of gas supply and achieve gasification cvoerageto all population.

According to BP’s prediction，China will overtake Russia tobecome the second largest gas consumer in the mid-2020s(preceded only by the US).

Chinese dependence on natural gas has reached32%(approximately 113 million m³ per day) in 2013 and willincrease to more than 40% by 2035 (approximately 669million m³ per day)

7683

96 101.1 107.7121

132.9

80.788.7

120134.4

147.1

169.2181.6

0

30

60

90

120

150

180

210

2008 2009 2010 2011 2012 2013 2014

Production ConsumptionUnit：1,000 million m³

China Energy Structure Reform

13



Growing Momentum of China CBM Industry

Largely improved the coalmine safety: mining aftergas production will helpreduce the gas by 70%-85%, thus largely reducethe incidence rate of coalmine gas explosion accident

Independent Energy Source

A new non-polluting energy with high calorific valueIt can effectively reduce emissions of greenhouse gases, and produce a good environmental effect

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Coal Mine Safety

CBM is a good alternativeenergy sources in order tosolve future natural gasshortage issues

Environmental Protection

CBM is an unconventional gas resource which is hosted and associated with the coal

seam and methane (CH4) is the main gas content

Its calorific value is the same as conventional gas and they can be mixed and used

together

China's CBM resources amounted to 3,680 billion m³, which ranking third in the world

If the CBM can be effectively utilized, it can make up nearly one-third of natural gas

demand gap

14



Constructed 5400 wells, formation ofproduction capacity of 3.1 billion m³

In 2010 the national CBM productionreached 1.5 billion m³, 1.2 billion m³ of sales

New proven CBM geological reservesachieve 198 billion m³, which is 2.6 times of“10th five year plan” period

“11th Five Year Plan”

By 2015, CBM production reached 30 billionm³

16 billion m³ are developed in ground The additional CBM reserves achieved 1

trillion m³ Built two CBM industrialization bases in

Qinshui Basin, Ordos basin eastern

Newly added CBM proven reserves of 420billion m3

Built 2-3 CBM industrialization bases By 2020, 240 billion m3 CBM will be

produced

Qinshui basin and Ordos basin east edge,two biggest industrialization bases, by2020, reach the production of 8.3 billion m3

Precise Industry Supporting Policies

“12th Five Year Plan” “13th Five Year Plan”

Development SubsidiesThe central authority granted the subsidy at RMB0.3/m

3to CBM mining enterprises against

the CBM standards

PricingCBM price is based on the principle of market economy. It is determined by sell and buy side. The country does not set a price.

Resources ManagementReduction or exemption from the Use Fees for Mine

Prospecting and Exploiting Rights before 2020Ground extraction of CBM can be exempted from

resources tax

TaxExempted from the value-added tax and import duties

from the CBM exploration and development project during the 13th Five Year Plan

FinancialRelated

15



Resource Advantage

Good development potential

Location Advantage

Optimizing Business Model

Technical Advantage

03Company Highlights

Business Diversification

16



Located in Shanxi and Shaanxi Province，around Eastern Ordos

Basin

Block size of 383 sq. km² (of which 2/3 or 283 sq. km ²has

proved reserve)

30-year term Production Sharing Contract, PSC signed 28th

March, 2006

Highest 70% working interest of foreign companies

High saturation over 85%, good permeability of 3md compared

with other CBM basins in PRC

Rich Gas Content of 15.4 m/³g (Or 1.54×10⁸m/³Km)².

Approximate coal thickness of 9 meters in 2 gas pay zones 2006

• Exploration period

2013

• Development period

2015

• Production period

2036

The ODP of Shanxi Sanjiao CBM Project hasreceived the official approval from NDRC in Nov2015

The 2nd Sino-foreign CBM concession to get the

official ODP approval and 1st CNPC’s running PSCs

Officially commence the sizable development and

production with an annual capacity of 500 million m3

and enter production period

Profit Sharing Ratio

30% 70%

China National Petroleum

Corporation

Sino Oil and Gas Holdings Limited

PetroChina Coalbed Methane Company

Limited

Orion Energy International Inc.

National External Cooperation SanJiao CBM Project

Resource AdvantageSuperior assets located in the best CBM block in China

17



Block with reserve report to NDRC

North block with 100Km2reserve report to submit

The RESERVE-US NSAI Competent Person’s Report

Net gas reserve is Orion’s share of interest according to the terms of the PSC and after 5% adjustment for compression and pipeline losses.

The net gas reserve (Proved + Portable) increased 23% to 8.301 billion cubic meter. The net present value (“NPV”) at 10% discount of the future revenue of the reserve also increased 33% to approximately HK$11.498 billion.

Gross

Gas ReservesOn September 30 of 2015 On April 30 of 2010

1P Proved

1,408 bcf

(Equivalent to approximately 4.0 billion cubic meters)

Not applicable

2P Proved + Probable

2,922 bcf


2,375 bcf


3P Proved + Probable +

Possible

7,053 bcf


5,772 bcf


NPV (10%)US $ 1.478 billion

(Equivalent to approximately HK $ 11.498 billion)

US $ 1.11 billion(Equivalent to approximately HK $

8.636 billion)

Source ： Netherland, Swell & Associates Inc. report (US, Dallas) as of 30 SEP 2015

Resource Advantage

Superior assets located in the best CBM block in China

18



17

35 38 39 40 4246

4

9

32 33 33

38

53

0

20

40

60

80

100

120

2010 2011 2012 2013 2014 2015 2016.06

HW VW

Number of Wells in Sanjiao CBM

99

7

17

17

17

17

17

7

17

18

18

18

18

12

24

39

39

39

42

0 20 40 60 80 100

2011

2012

2013

2014

2015

2016

(km)

Sales Pipeline

Gas Collection Trunk

Gas Collection Branch

Total 77 km pipelines completed in 2016

Accumulated Workdone:

Pipeline Construction:

42 km inter-well pipelines, 18 km ground pipeline network, 17 km outbound pipelines

Power Grid: 59.7 km of high voltages power-grid system and 10KV power system pipelines

CBM processing Station :

Daily processing capacity of 270,000 m²Daily processing capacity will extend to 500,000 m²

Good Development Potential

19

Proven ability of well drilling



1. Sanjiao – Linxian Pipeline• Designated daily capacity 1 mil m³,350 mil m³ per year• Status: in operation since Dec 2012• Target residential / commercial use in Linxian city

2. Sanjiao – Senze Pipeline• Designated daily capacity 1 mil m³, 350mil m³ per year)• Status: in operation since Jan 2013• Support Gas Consumption of Senze Coal & Aluminum Group

(Producing flame resistant material and aluminum)

3. Sanjiao – Lvliang Pipeline planned to supply gas to Xiaoyi City and Eastern Shanxi Gas Network• Designated daily capacity 1 mil m³, 350mil m³ per year• Status: construction of pipeline complete in Jan 2014• Target residential / commercial/ industrial use in Lvliang City

4. He Dong Pipeline• Provincial pipeline cross Sanjiao with transportation capacity over 8.5

mil m³ per day • Status: Completed with transportation capacity of 3bcm per year

5. Sinopec Yuji Pipeline• National pipeline with transportation capacity over 8.5 mil m³ per day • Status: Completed with transportation capacity 3 bcm per year

Location Advantage

Well established sales network to the target markets



Attained technological breakthrough by obtaining two patents from State Intellectual Property Office of the PRC: The invention of single wellbore CBM multilateral well system and drilling method The method of single wellbore CBM multilateral well drilling and completion

Technical Advantage

21

Original multilateral well design Newly formulated multilateral well design

No. of wells needed

Laterals

Coal Cleat

Cost

Improved US technology and built China 1st newly formulated multilateral well



Dr. Rao Meng Yu, Chief Geologist

Responsible for CBM scientific research, exploration deployment, designation and onsite engineering Graduated from Anhui University of Science & Technology, major in Geology, awarded PhD in Geological Sciences by the China

University of Petroleum (East China) Experienced in onsite and indoor research Has published 24 research papers in Acta Petrolei Sinica journals, research paper was awarded the 2nd prize of Science and

Technology advancement in 2009 by China National Coal Association

Mr. Jesus Alfredo Correa, Technical Consultant

Responsible for new horizontal wells drilling and onsite technical support, work as technical consultant in OEI since 2012 Over 34 years experience in the oil & gas industry, working as surveyor, district coordinator, directional driller and gained substantial

experience in well planning, measure while drilling, logging while drilling technique Worked in varies US and international oil gas & company, e.g., Baker Hughes, Hallibuton, Blackmax and Sharwell Energy

Mr. Calvin De Ghelder, Technical Consultant

Responsible for CBM onsite well planning, work as technical consultant in OEI since 2013 Over 31 years experience in the oil & gas industry, over 24 years well drilling experience Worked as senior project manager, vice president in several US and international drilling company and experienced in oversight of

drilling operations from spud to total depth drilled, logging, completion and facility design

22

Technical Advantage

Experienced technical team



Drainage automation system is built using SCADA and star branching network topology. To achieve of gas

wells transmitted data, CNG stations transmitted data, and sub-stations transmission data be centralized

monitored and to allow unified management. To form data "automatic collection, centralized management“.

• Sub-transmission stations placed surveillance cameras and data collection systems in wellsite and CNG stations

Wellsite

• Transmit to the data repository monitoring center within the gas fields via the network

Monitoring Center• Database information

is transmitted to the monitoring workstation. On-site technical colleagues can make promptly data analysis and unified management

Workstation

Automated controlled wellsite

Technical Advantage

23



Strengths of single-well model: Lower production cost

Controllable investment risks

Higher investment returns

Optimizing Business Model

• The Group entered into a non-legally binding Strategic Cooperation

Framework Agreement with Shanxi Guxian Lanhua Baoxin Coal Company

Limited.

• Cooperate with local large coal mins through single-well investment

• A new cooperation model with a view to effectively consolidate the potential

blocks in the surrounding area and expand the CBM market of Qinshui Basin in full

force.

• The projects located in Qinshui Basin and eastern edge of Ordos Basin, which are

among the most representative CBM production bases in China.

24

Official entered Qinshui Basin and stated single-well investment



Business DiversificationInvestment in Sanjiao Block of liquefied coalbed gas station

(LNG Designed Plan - As Actual)

Partner 山西燃氣產業集團有限公司山西新民能源投資集團有限公司

Percentage involved Sino Oil and Gas (30%)

Liquefying Capacity Per Year 400 million m ³(OR 14.08 bcf) Per Day 1.2 million m ³(OR 42.24 mmcf)

Cumulative Gas Production Assume period of production to be 25 years to liquefy total 338 bcf of coal seam gas

Total Investment Amount Approximately RMB 800 million (OR US$ 128 million)

SOG Stake Consideration RMB 50 million (OR US$ 8 million)

Status The first phase design of the LNG station, with a daily processing capacity of 300,000 cubic meters has been completed through public tende

The 120,000 square meters land use rights has also been obtained

25



Possible Investment in Canada Alberta Conventional Oil fields

Status• Conducting a due diligence review of the assets of the target group.

• Has engaged professional geology consultancy firm to - 2 - perform geology research by surveying and mapping surface and subsurface geologic features so as to identify areas where oil and gas may have accumulated

• 2D seismic data has been collected to evaluate a geologic formation's potential for containing economically producible quantities of oil and gas

• Exploratory drilling is required to verify that the site can produce enough oil or gas to make it economically viable to develop

Target Acquisition

• Target acquisition blocks covering a total of about 788 square kilometers

• Located in the area to the north 800 km of Calgary, Alberta, Canada

• At least 10 reef oil pools been found to support a minimum of 30 wells drilling

• Along Highway 88, complete ground facilities, saving cost of road construction

Picture source: Google Maps

Alberta

Business Diversification

Calgary

Mikkwa mining area

26



Sanjiao Project Development Plan 2016

Financial Summary

03 Latest News

27



The ODP of Shanxi Sanjiao CBM Project has received the official approval from NDRC in Nov2015. The Approval signifies that the Sanjiao CBM project will soon, in accordance with theODP, commence the sizable development and production with an annual capacity of 500 millionm3.

Overall Planning

Coalbed

No. 3/4/5 coal, based on the current well network to improve, then expand to the surroundings area, commencing “Rolling Development”

Sanjiao Project Development Plan 2016

28

Well Types

Multilateral well + vertical well/ vertical well clusterShallower than 700m – mainly multilateral well Deeper than 700m-- mainly vertical well/ vertical well cluster

Development Teams18 drilling teams, 2 fracturing units, 7 underground production team, as well as ground pipeline network, inter-well pipelines, grid system, wellsite standardization, pilot testing teams, totally over 30 teams to kick off the comprehensive construction work

Target Production Capacity

By the end of 2016, target CBM production capacity of 250 million cubic meters will be completed



Previous Financial Highlights

35,079

28,932

21,59816,540

10,610

5509,110

38,899

63,441

87,237

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

2011 2012 2013 2014 2015

The composition of the main income

Crude Oil Sales CBM Sales Raw Coal Washing and Raw Coal Sales

Unit：1,000 HKD

1,920 4,250

12,490

17,970

20,530

23,730

27,380

30,290

12%

27%

62%

71%

90%

97%

98% 96%

0%

20%

40%

60%

80%

100%

120%

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

1H2012 2H2012 1H2013 2H2013 1H2014 2H2014 1H2015 2H2015

CBM sales and Production ratio

CBM Sales CBM Production Ratio

Unit：1,000 cubic meters

3,937,213 3,935,973

4,275,399

4,699,179

3,503,000

3,060,956 3,023,174

3,447,237

4,053,989

4,666,000

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000

5,000,000

2011 2012 2013 2014 2015

總資產淨資產 Unit：1,000 HKD

47,868

29



• For the year ended 31 December 2014 and the period from January 2015 to November 2015, the trial sales of CBM generated from the Sanjiao CBM project is recognised as other revenue. After the Group has obtained the approval of ODP in November 2015, the Sanjiao CBM Project is stepped into the production stage, and the sales of CBM for the December 2015 is recognised as turnover.

** Revenue after deducting the non-cash expense generated from the assets impairment of oilfields in Shaanxi Province and the equity-settled share-based payment granted from share option scheme.

29

Financial Highlights



* Interest-bearing liabilities divided by total assets.

30

Financial Highlights (Con’t)



Sanjiao

Linxian

pipeline

7.3%

Sanjiao Senze

pipeline

+Hedong

pipeline

92.7%

2015 Piped gas accounted for 100% of total gas sales (Industrial pipeline gas

users accounted for 92.7%)

2015( )

2014( )

Increase(%)

59.34 47.28 25.5%

57.67 44.26 30.3%

97.2% 93.6% 3.6%

0.6

6.15

30.45

44.26

57.67

14.27

32.05

45.45 47.28

59.34

0

10

20

30

40

50

60

70

2011A 2012A 2013A 2014A 2015A

CBM Sales(million m³)

CBM Production(million m³)

Commencement of piped gas sales 2015

31

CBM Revenue Analysis



Appendix – ODP Approval



Disclaimer

This document has been prepared by Sino Oil and Gas Holdings Limited (“Sino Oil and Gas” or the “Company” ) for the

sole purpose of briefing by the Company, and copying and delivery to others are strictly prohibited. Since the dissemination

of this document within the jurisdiction of various countries might be subject to local laws, any individuals who will receive

this document shall have a clear understanding of and comply with such laws and regulations. The information contained

in this document has not been verified independently. There are no explicit or implied representations or warranties as

regards the fairness, accuracy, integrity or correctness of the information contained in the document. This document is not

intended to provide a complete or comprehensive analysis of the financial or trading position of the Company or its

prospects. Therefore, any individuals who will receive this document shall be aware they shall not rely on the contents of

this document. The information and opinions provided in this document is up to date as at the date of this briefing and

might be subject to changes in the future in respect of which no further notice will be issued. The Company and its

affiliated companies, advisors or representatives disclaim any liability whatsoever for any loss howsoever arising from using

this document or its contents or from other aspects of this document (whether this is caused by negligence or other

reasons).

The information provided to you in this document does not constitute, or form part of any offer for subscription or sale of,

or solicitation of any offer to subscribe for or sale of any securities of Sino Oil and Gas Holdings Limited (“Sino Oil and Gas”

or the “Company” ) and/or its subsidiaries (collectively, the Group”) nor shall it form the basis of, nor can it be relied on in

connection with, any contract or commitment whatsoever.

34



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Email: [email protected]

Tel: +852 2802 3623

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Corporate Presentation 按一下以編輯母片標題 Presentation 2016 Dec_ENG.pdf · Other...

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Transcript of Corporate Presentation 按一下以編輯母片標題 Presentation 2016 Dec_ENG.pdf · Other...