Inpex : Financial Results for for the Six Months ended September 30, 2019 Presentation Material (PDF 1.77MB)
November 07, 2019 at 02:16 am EST
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INPEX CORPORATION
Financial Results
for the six months ended September 30, 2019
November 7, 2019
Agenda
Corporate Overview
Consolidated Financial Results
for the six months ended September 30, 2019
Consolidated Financial Forecasts
for the year ending December 31, 2019
1
Cautionary Statement
This presentation includes forward‐looking information that reflects the plans and expectations of the Company. Such forward‐looking information is based on the current assumptions and judgments of the Company in light of the information currently available to it, and involves known and unknown risks, uncertainties, and other factors. Such risks, uncertainties and other factors may cause the Company's performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by such forward‐looking information. Such risks, uncertainties and other factors include, without limitation:
Price volatility and change in demand in crude oil and natural gas
Foreign exchange rate volatility
Change in costs and other expenses pertaining to exploration, development and production
The Company undertakes no obligation to publicly update or revise the disclosure of information in this presentation (including forward‐looking information) after the date of this presentation.
2
Corporate Overview
Takayuki Ueda
Representative Director, President & CEO
FY 2019/12 Second Quarter Financial Results Highlights
Net Production
FY 2019/12 Second Quarter Results: Approximately 568 thousand BOED*
(60% increase YoY)
*INPEXʹs highest average annual net production volume to date
**The fiscal year ending December 31, 2019 is scheduled to be a transitional, 9‐month accounting period from April 1,
2019 to December 31, 2019 due to a change in the accounting period. See page 1 of the Appendix
Dividend
FY 2019/12 (Forecast***)
•
Total: ¥27 (end of 2Q: ¥12, end of fiscal year: ¥15(increased ¥3 from ¥12))
per share
***Dividend forecast revision announced on November 6
Ichthys LNG Project:Production ramp up is progressing very well
Project
Abadi LNG Project: Obtained approval of the revised plan of development based on an
Highlights
onshore LNG development scheme and PSC terms extended until 2055
Abu Dhabi Oil Field Projects: Development work ongoing to increase production
capacity of each oil field.
4
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Inpex Corporation published this content on 07 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2019 07:14:13 UTC
Inpex Corporation is one of the Japanese largest oil groups. Net sales break down by activity as follows:
- production et distribution of oil (76.4%): 120.1 million barrels sold in 2021;
- production et distribution of natural gas (22%): 13.2 billion m3 sold;
- liquefied petroleum gas production (0.3%);
- other (1.3%).
Net sales are distributed geographically as follows: Japan (10.5%), Asia and Oceania (28.5%), Middle East and Africa (49.7%), Europe and CIS (9.4%) and Americas (1.9%).
INPEX CORPORATION 
