CONTENTS 4 5 Board of Directors Alan Apter Aleksander Kwasniewski Hunter Biden Devon Archer Chairman Director Director Director Has 27 year experience in The President of the Republic of Counsel to Boies, Schiller, Flexner, Chairman of Burnham & Co., investment banking, including Poland in 1995-2005, Member LLP, Chairman of the United Managing Director of RSTP, LLC Merrill Lynch, Renaissance Capital, of the Board of Trustees of the Nations World Food Program Troika Dialog and Morgan Stanley International Crisis Group (WFP) 4 #EnergySecurityEurope OUR VALUES BOARD OF DIRECTORS 6 8 OUR EQUIPMENT TARGET MARKETS 10 14 UKRAINE KAZAKHSTAN MEXICO 16 18 ITALY PARTNERS GERMANY BURISMA HOLDINGS: OUR VALUES Burisma is the leading independent exploration and produc- tion company operating in the Ukrainian oil & gas market, it was founded in 2002 Burisma strives to become an active market player in Europe, as well as worldwide, and to stand out by virtue of its values and experi- ence Burisma is also seeking to strengthen its role in the field of global energy development, with new technology initiatives to be taken both in Ukraine and abroad Innovations Sustainability We implement modern best-in-class We follow the best global practices in technologies and equipment to pro- Corporate Governance and Corporate duce energy in a more efficient and en- Social Responsibility. We have recon- vironmentally friendly way. Burisma is figured our Board composition, invit- a pioneer company in twin tubing tech- ing highly experienced professionals nology in Ukraine. This allows simulta- to perform as independent directors. neous gas extraction from 2 separate We strictly comply with labor protec- reservoirs located at different depths. tion law and implement CSR stand- ards to ensure active compliance with Energy Security ethical standards, international norms We strive to strengthen the level of and practices energy security in Ukraine and the European region through expansion Burisma Holdings implements the and increasing our own hydrocarbon best international standards in this production volumes. Being the most area, following the principles and dynamic growth business in Ukraine, rules of the International Finance Cor- Burisma is contributing to Ukraine’s sta- poration (IFC) and the European Bank bility and helping to secure a prosper- for Reconstruction and Development ous future for the Ukrainian economy (EBRD) 4 #EnergySecurityGlobal CORPORATE GOVERNANCE OUR KEY PRINCIPLES Leadership Remuneration Effectiveness Accountability and audit Alan Apter Aleksander Kwasniewski Chairman Director Has 27 year experience in The President of the Republic of investment banking, including Poland in 1995-2005, Member Merrill Lynch, Renaissance Capital, of the Board of Trustees of the Troika Dialog and Morgan Stanley International Crisis Group Hunter Biden Devon Archer Director Director Counsel to Boies, Schiller, Flexner, Co-Founder of Rosemont LLP, Chairman of the United Capital, LLC Nations World Food Program (WFP) Christina Sofocleous Riginos Charalampous Director Director #EnergySecurityGlobal 5 OUR EQUIPMENT Drilling 10 000 м Best-in-class drilling equip- ment run by American spe- cialists allowed significant increase in drilling per- formance — 2 900 m deep wells drilled only 23 days Burisma operates the big- gest rig fleet in Ukraine of 16 units, including 11 units with maximum drilling depth of 10 000 m US-made high technology rigs have allowed drilling 33 wells over the last two years, most of which are located at a depth around 5 000 m and deeper Our equipment has al- lowed to work in difficult geological conditions; we use innovative methods of directional drilling in more than 50% of wells Burisma is a pioneer of twin tubing technology in Ukraine allowing gas pro- duction from 2 reservoirs located at different depth Constructed and launched methanol regeneration fa- cility recycling up to 85% of methanol used in gas extraction We’ve introduced our own NGL production unit ex- panding end-product range recently Burisma provides full range of services including drill- ing, completions and work overs, reactivation of idle wells, production of chem- icals and special fluids 6 #EnergySecurityGlobal Seismic New US made seismic equipment allows to conduct detailed and wireless efficient exploration 38 000 seismic channels without any environmental impact 38 000 wireless seismic channels are used to get high- Монтаж в тяжелых инженерно-геологических quality условиях seismic data, to Диагностика Диагностика тела тела труби снепригодных труби с обозначением обозначением или digitize and integrate непригодных подлежащи allремонту ремонту участков участков required data Торцовка труб сТорцовка Infrastructure труб сразделкой последующей последующей разделкой кромок кромо под фаску Burisma and its affiliates are well experienced in gas and oil pipelines construction having successful track record of complex infrastructure solutions done5for both 5 independent and state owned contractors Строительство переходов под авто- и ж/д- дорогами методом We run construction projects in time-efficient manner and in accordance with the горизонтального highest бурения Ду до 1600 мм standards of quality In the last three years companies have built and launched more than 250 km of gas and oil pipelines of different size for own needs and more than 300 km for third- party contractors of various complexity (in the ground and on the water) 12 more than 550 km BURISMA CERTIFIES ALL CONTRACTORS BASED ON INTERNATIONAL SAFETY AND TECHNICAL STANDARDS #EnergySecurityGlobal 7 TARGET MARKETS AND KEY ACTIVITIES Exploration & Production Oil & Gas Services Burisma has been engaged in oil Burisma has a state-of-the- and gas exploration and production art equipment and many years for more than 10 years. The core of experience to provide best business is located in Ukraine, where services for oil and gas companies the Group is the largest independent around the world. The Group natural gas producer. Burisma is cooperates with leading oil and gas seeking for opportunities to expand companies in Ukraine, Kazakhstan its portfolio to other countries. and Mexico. 8 #EnergySecurityGlobal Geothermal Energy Burisma Geothermal is a new branch of Burisma Holdings, specialized in development and implementation of eco-friendly projects. Burisma Geothermal develops geothermal projects in Italy and Germany, and seeks to strengthen the role of renewable energy globally. #EnergySecurityGlobal 9 UKRAINE: COMPANY SNAPSHOT 25 LICENSES for hydrocarbon exploration and production located in Ukraine’s key oil and gas basins 5620 m deepest well of the company, located in Dnieper-Donets basin 1.2 BCM annualized natural gas production 30% company’s market share among independent oil and gas producers 95% of the company’s production volume comes from the Dnieper-Donets basin, which contains 67% of the total natural gas reserves in Ukraine 33 WELLS drilled in 2014-2015 10 #EnergySecurityGlobal OUR ASSET PORTFOLIO CARPATHIAN BASIN DNIEPER-DONETS BASIN 33% 5% 67% 95% of total of Burisma`s of total of Burisma`s natural gas natural gas natural gas natural gas reserves production reserves production of Ukraine volume of Ukraine volume Our gas fields are located in key oil and gas regions of Ukraine The fields are in close proximity to the major gas pipelines and are fully connected to them 87% of EBITDA is generated in the Dnieper-Donets basin. This accounts for 90% of Ukrainian total oil and gas production and 82% of total natural gas reserves in Ukraine #EnergySecurityGlobal 11 OPERATING RESULTS Reserves Mln. barrels of oil equivalent Total: 977.7 Proved 222.7 Probable 188.9 Possible 565.9 Source: Company data Production 63% COMPOUND Total natural gas production, mln. m3 ANNUAL GROWTH RATE 2010-2015 2016 Management projections 1 800 2015 December monthly production annualized 1 190 2014 692 2013 460 2012 212 2011 178 2010 104 Natural gas produced Forecast Forecast Wells portfolio Cumulative number of wells, end of period хх Cummulative total хх Drilled over the period 19 13 4 9 5 2010 2011 2012 12 #EnergySecurityGlobal About 50% of our We use innovative Burisma is a pioneer wells are of 5 000 m methods of of twin tubing depth and more directional drilling technology in in more than half of Ukraine allowing our wells gas production from 2 reservoirs located at different depth 60 51 12 21 27 8 2013 2014 2015 #EnergySecurityGlobal 13 KAZAKHSTAN. BURISMA EURASIA Burisma Eurasia is a market leader in the integration of innovative technological solutions in the oil and gas industry in Central Asia, providing its partners with a wide range of industrial engineering work: search and exploration, drilling and measurement- while-drilling, formation evaluation, maintenance of wells and production control, information technology and consulting Burisma Eurasia established its operations in Kazakhstan in January 2015 and entered into a number of partnership agreements with National Oil Company «KazMunayGas» and its affiliate companies. Today the company performs drilling, KRC, geophysics, and other service work for state-owned and private sector oil and gas companies 14 #EnergySecurityGlobal MEXICO. NEW MARKET OPPORTUNITY Burisma is developing its relationship with Petroleos Mexicanos (PEMEX) — Mexican state-owned petroleum company, one of the biggest regional market players in Latin America Burisma and PEMEX work jointly in order to establish multilevel cooperation in the area of oil and gas exploration and production, high quality drilling, service contracts, industrial processing/refining #EnergySecurityGlobal 15 ITALY AND GERMANY. BURISMA GEOTHERMAL Burisma Geothermal is a new branch of Burisma Holdings. It is a 100% owned subsidiary which specializes in geothermal energy development and electricity production from renewable and environmentally friendly energy sources in Europe Burisma Geothermal seeks to strengthen the role of renewable energy globally and encourage alternative energy development with a new vision and the latest technological initiatives Burisma Geothermal is a member of the world’s largest geothermal energy associations. Together with our partners, we strive to enhance global environmental standards by means of fresh thinking, refined strategies, and new implementation mechanisms: stimulating a transition from conventional to alternative energy sources Renewable Geothermal Energy United States of America Germany Italy 16 #EnergySecurityGlobal Florence Munich Florence Munich Lardarello Bavarian and Mt. Amiata Area Molasse Basin Fields Tuscan nappe Target formation Malm Hot water Steam Resource Hot water 1500 – 2500 m Depth 3500 – 5000 m 500 m Reservoir thickness 500 m 150° C – 300° C Temperature 125° C – 150° C 70 – 100 l/s Flow rate (water) 110 – 150 l/s ORC binary / Flash Technology ORC binary 159-230 Eur/MWh FIT 252 Eur/MWh #EnergySecurityGlobal 17 PARTNERS 18 #EnergySecurityGlobal #EnergySecurityGlobal 19 We are open for cooperation 0 800 212 996 info@burisma.com burisma.com Energy Security for the Future
Enter the password to open this PDF file:
-
-
-
-
-
-
-
-
-
-
-
-