turn arround maintainance investor 4dec11

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Y PT. Energy Project Resources e p r o 1 November 2011 Investor Executive Summary Turn-around Operation and Maintenance Services An EPRO division of Innovative Engineering and Project Management, is committed to servicing the energy and petrochemical industries by providing the highest quality turn around maintenance, repair, plant upgrades, modifications, operation and maintenance management.

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1 November 2011Investor Executive SummaryTurn-around Operation and Maintenance ServicesAn EPRO division of Innovative Engineering and Project Management, is committed to servicing the energy and petrochemical industries by providing the highest quality turn around maintenance, repair, plant upgrades, modifications, operation and maintenance management. YPT. Energy Project Resourceswww.epro-resources.comMarket ReviewBased on data (2007-2010), Energy Business Companies in Indonesia annually spent expenditures:CAPEX for New Project Development = USD 6 BillionThere are a lot of competitors/ contractors for New Project Facilities: IKPT, Rekin, Adhi Karya, Waskita Niaga, pfCE Indonesia, Tripatra, etc. Requires relative more investment costMore resources are required.OPEX for Operation and Maintenance = USD 4.5 BillionLess or maybe no Turn-around Operation and Maintenance Contractor in Indonesia yet, most of them are OEM Services and Labor Supply. Requires relative less investment costRequires high technical competency and capacities. YES, EPRO HAS BOTH OF THESE REQUIREMENTS.

Operation and Maintenance Service Market Share Annually(in Million USD)EPROs Project Value Target in 2012 (USD 10 Millions of USD 2 Billions Operation and Maintenance Service Market Share)

Worst case scenario and no aggressive target yet!USD 2 Billions O&M market share for service only!www.epro-resources.comSWOT AnalysisStrengthsWeaknessEPRO has strong resources capabilities and competencies (Project Management and Engineering)Good relationship with OEM Companies in Indonesia (Siemens, Yokogawa, ABB, Schneider, etc.)Good relationship with customers. EPRO is connected to smartplus network with members more than 1,800 professionals spread around Indonesia energy companies (Middle management and technical expert panel).High spirit and motivation

EPRO needs more fund for starting the Turn-around Operation and Maintenance Services business. 2. EPRO may be the first turn-around operation and maintenance service provider in Indonesia. OpportunitiesThreatsEPRO is supported by smartplus institute that provides a competent and ready to work energy professionals. Customer will need turn-around operation and maintenance service for their cost efficiency and performance in the next year.Miss project target.Sales are growth more than EPRO capacities.Need customer education on new operation and maintenance strategywww.epro-resources.comIndonesia Market Map (Smartplus Network)Operation and Maintenance ServicesLhokseumawe and Medan Area:Arun NGL, Pacific Medan Industri , Asean Aceh Fertilizer, Pertamina UP I, Exxon Mobil Oil Indonesia, Ecogreen Oleochemical, PTP IX Plantation, Indah Pontjan, PIP Belawan, Pupuk Iskandar Muda, Pamina Adolina, Raja Garuda Mas, PGNJambi, Riau and Batam Area:Chevron Pacific Indonesia, Bumi Siak Pusako, PGN, Pertamina UP II, IKPP Perawang, Ecogreen Oleochemical, Petrochina, CNOCPalembang Area: Musi Pulp & Paper, Pertamina UP III, Kurnia Kapuas Utama, Pupuk Sriwijaya, ConocoPhilipMerak to Cilacap AreaAsahimas Chemicals, Indonesia Toray Sysntetic, Fatra Polindo, Chandra Asri , Petnesia Resindo , PENI, Gajah Tunggal, Mitsubishi Chemical Indonesia, Pardic Jaya, Indorama, Sumi Rubber, Nippon Shokubai Indonesia,Tifico, Indobharat, Sunkyong Keris Indonesia, Pertamina UP VI, Standard Toyo Polymer, LIPI, Unggul Indah Corporation, Pelita Cengkareng, Kolon Ina, PLN Suralaya, Semen Cibinong, Univenus, Satomo Indovyl Monomer, Dumex Pharmaceutical, Sulfindo Adi Usaha, Justus Sakti, INDACHI, Stririndo Mono Indonesia, Sumi Asih, DSS, Showa Esterindo, IKPP Serang, Cahaya Kalbar, Fajar Surya, Multi Nitrokimia, PGNSemarang to Surabaya Area:Petroxo, Polydaya, Palur Raya, Petrokimia Gresik, Tjiwi Kimia, Pakerin, Smelting Co., Aneka Iwatani Gas, TPPI, Ispat Indo, Samator Gas, Surabaya Agung, Pura Barutama, Petronika, PLTGU Gresik, LEMIGAS CEPU, PGN, Total, Pertamina EP, Maspion Mitratama Energy, Conoco Philip, Chevron GheothermalBalikpapan & Bontang Area:Pertamina UP V, Total Indonesie, VICO, Kaltim Methanol Indonesia, Kaltim Prima Coal, Badak NGL, Pupuk Kaltim, Chevron Petroleum Indonesia, Kaltim Parna Industri, KPCSulawesi Area:Semen Tonasa, Aneka Tambang, Matindok PertaminaIrian Jaya Area:BP Tangguh,FreeportTotal Annual Operation and Maintenance Budget:More than USD 2 Billion4www.epro-resources.comConsidering . Changes in Customer's NeedsFasterThe customer gets what they need quickly

First TimeThings work the first time

EasierEasier than before and with less precious effort

Lower CostIt costs less for the same

More ValueThe customer gets more added values

EnduringIt is sustainable and a better experience

5www.epro-resources.com

Office and Workshop Map ProposalPT. Energy Project Resources (SBU 3)EPRO Balikpapan Branch OfficeOffshore Workshop(JO with ISS) EPRO Pekanbaru Branch OfficeWork ShopServicesEngineeringBalikpapanSurabayaCilegonJakartaPekanbaruMarketing & Sales ChannelAcehMedanPalembangDuriEPRO Duri Branch OfficeCilacapEPRO JakartaHead OfficeEPRO Jayapura Branch Office6www.epro-resources.comBusiness Model (Client EPRO + Business Partner)SBU-3Operation and MaintenancePT. EPROClientsOil and GasPower PlantPetrochemical PlantsOther Industry Plant

Business Partners Mutual AgreementEPRO acts as a Local Representative for Business Partners (OEM), has two roles: Marketing and Local Technical SupportEPRO will get OEM Product Technical Training and Supporting Letter (Agent).Marketing/ Contracting Strategy:Umbrella Contract (Unit Rate and Cost Plus)Project Based Contract

7OEM Service ProviderSiemensYokogwaABBSchneiderSulzerBaloonEndless HauserEtc.VendorsContractor/ Sub ContractorTechnology SupportTank CleaningHot TapEtcTurn-aroundOperation and MaintenanceServiceswww.epro-resources.com2012 Opportunity Projects (Target)2012 Projected SalesProject valuea. PT. Badak Kaltim - Turn around maintenance$1,000,000b. Bumi Siak Pusako and Kondur- Pipeline maintenance and project$500,000c. BP Tangguh - Turn around maintenance$1,500,000d. PGN - Man power supply and training$500,000e. Pertamina UP5 Dumai - Turn around maintenance$1,000,000f. Energy Contractor Indonesia Pre-Comm. Comm, Startup Technical Support Services $1,000,000g. PLN Projects Support (PLTU Ubeb, Kaltim, Kalteng) O/M during Warranty Period$1,500,000h. Indonesia Instrumentation and meter services (PGN, Pertamina, MEM, COPI, BSP, etc).$500,000i. 450 MW PLTGU Belawan - Operation and maintenance support and PMC$1,000,000j. Pertamina EOR - Operation engineering and maintenance support Services$1,500,000Total$10,000,000www.epro-resources.comInvestment Cost and Expenditure Budget2012 Budget Plan (1st Six Months):1. Business startup, marketing, bidding costRp. 2,320,000,0002. Initial Project costRp. 2,880,362,4053. Man power costRp. 284,637,5954. Over headRp. 515,000,000Sources:Investor/ Investors Group Rp. 6,000,000,000(Six Billion Rupiah)20112012DecemberJanuaryFebruaryMarchAprilRp.2,000,000,000Rp.1,000,000,000

Rp.1,000,000,000

Rp.1,000,000,000

Rp.1,000,000,000

www.epro-resources.com2012 Financial Data (Profit Calculation)The Component Cost Calculation:Revenue:Projected salesExpenses:Less and Variable ExpensesFixed ExpensesSalaries and WagesOverhead, Marketing and SalesBank/ Investor ChargesDepreciationOther Management Cost10P-10P-50P-90% of Target Sales45%65%85%Project Value$ 4,500,000$ 6,500,000$ 8,500,000Investor Net Profit (By 31 December 2012) in Million Rupiaha. Pay Back (1 year, 14% rate)6,8406,8406,840b. Net Profit Sharing 40% 8712,7844,698TOTAL7,7119,62411,538% Profit29%60%92%EPRO Net Profit (By 31 December 2012) in Million Rupiaha. Net Profit Sharing 60% 1,3064,1767,046TOTAL 1,306 4,1767,0462012 Target Sales (USD 10,000,000)www.epro-resources.comBusiness Model (EPRO-Investor)SBU-3Operation and MaintenancePT. EPROGroupInvestorsJoin AccountClientsOil and gasPetrochemicalPower PlantOther industryFinancial Management:Manage d by separated team (By DOA of Investor) All project income will be saved in joint account.For any additional fund, request is prepared by EPROReviewed and approved by Investor, refer to approved budget plan.Fund will be paid from join account after all documentation is approved by both authorized person from Investor and EPRO.Project Proposal and Management:EPRO will prepare marketing/ sales plan. The plan will be reviewed and approved by Investor prior execution.EPRO will prepare bid proposal.EPRO will execute the project if award the bid.EPRO will communicate any project plan, related with cost spending plan monthly.11www.epro-resources.comWhat are The Advantages?For INVESTORSecure and profitable investment, because the working team is competent and professional and good relationship with the user/ customer (Market).Become primary and resident investor for any EPROs project.

For EPROMore business opportunitiesBetter cash flowSustainable business can be maintainedPositive growth

12www.epro-resources.comSemoga Kita Bisa Kerjasama!Thank You13smart service for your more benefitwww.epro-resources.comCompany HistoryFOREWORDPT. Energy Project Resources (EPRO) is a national engineers and constructors which established in 2007 with the objective of providing professional, high-quality, cost competitive engineering services that meet the expanding needs of the Indonesia oil and gas, petrochemical, infrastructure and other related energy industries. EPRO resources are consisted of experienced and competence man-powers who have completed many engineering projects for rapidly expanding industry for over the past 15 years. The entire EPRO Organization is project based and designed to focus on efficient and dependable in what we do with a smart resources network to guarantee proximity to our customers.

OUR PURPOSETo create value added for our people and stakeholders.

14www.epro-resources.comBusiness Development Strategy(EPRO Group)DEMANDSUPPLYYESNOT YETNOT YETYESSmartplus InstituteProfessional SchoolTurn Around Ops-MaintenanceSBU 3 PT. Energy Project ResourcesNeed Research and Development+Marketing ProgramNeed Business Planning +Marketing ProgramMore competitions More PlayersFocus AreaNo Business ! www.epro-resources.comEPRO Experience ListPMC Services (Project Management and Engineering Services), Makassar LPG Terminal, 20.000 m3 capacity, Bosowa and Pertamina, 2010.PMC Services, Mixed Use Balikpapan Project, a Property Project, PT. Rumpaka Jaya, 2009.PMC Services (Project Management and Engineering Services), Santan Crude Terminal Safety Ugrade (Fire Protection System), Chevron Indonesia company, with PT. Elnusa, 2009.PMC Services (Project Management and Engineering Services), Gresik LPG Terminal, 20.000 m3 capacity, Maspion Energy Mitratama and Pertamina, 2009.PMC Services (Project Management and Engineering Services), FEED Design, Maspion Jetty Fire Protection Improvement, HESS-Pangkah Indonesia, with PT. Promatcon Tepat Guna, 2008.Detail Instrument and Electrical Design, Area 12 North Duri Development, Chevron Pacific Indonesia, Riau, Indonesia, with Truba Jaya, 2008.PMC Services (Project Management and Engineering Services), FEED Pondok Tengah, Oil and Gas Production Facility, 20.000 BOPD, 15 MMSCFD Gas, including Water Treatment Plant, Oil and Gas Terminal, SPM and SPL and Power Plant, Fire Potection System, Pertamina EP, Indonesia, with Singgar Mulia, 2007.FEED of Coal Fired Power Plant 2x7 MW Gorontalo, Wali Nusa Energi, Indonesia, with MLD/ DHV, 2007.Feasibility Study and FEED of Coal Fired Power Plant 2x100 MW, West Sumatra, PLN, Indonesia, with PPGT, University of Indonesia Jakarta, 2007.Feasibility Study and FEED of Coal Fired Power Plant 2x100 MW, Lampung, PLN, Indonesia, with PPGT, University of Indonesia Jakarta, 2007.Site Selection Study, Suban Gas Plant phase 3 project, ConocoPhillips, Indonesia, with MLD/ DHV, 2007-2008.

16www.epro-resources.comSelected EPRO Resources Experiences ListEPC Project, Well Surveillance SCADA Project Covering Instrument and Electrical Engineering Design, EPC, Commissioning and Start-up, included developing SCADA standard for the organization, US 12 MM. EPC Project, Duri Central Gathering Station (CGS) 10 Project, PT. Oil and Gas Facility Pacific Indonesia, US 115 MMEPC Project, Duri Automatic Well Test 10 Project, PT. Oil and Gas Facility Pacific Indonesia, US 10 MMEPC Project, Duri CGS Sand Plant Project, PT. Oil and Gas Facility Pacific Indonesia, US 28 MMEPC Project, Duri Automatic Well Test 8 project, PT. Oil and Gas Facility Pacific Indonesia, US 5 MMFEED Study, Reliability Improvement of Duri 13.8 KV Power Distribution Project, PT. Oil and Gas Facility Pacific Indonesia, US 300 KSCADA of COGEN Power Plant Project, PT. Oil and Gas Facility Pacific Indonesia, US 100 KEPC Project, Minas 6D Power Substation Project, 2 x 28 MVA. Including the control room building, 115 KV/ 13.8 KV Switchyard and its SCADA, PT. Oil and Gas Facility Pacific Indonesia, US 3 MMEPC Project, Minas Power Plant 9 Project, Gas Turbine, 33 MVA. Including the control room building, 115 KV/ 13.8 KV switchyard and its SCADA, PT. Oil and Gas Facility Pacific Indonesia, US 15 MMEPC Project, Minas Power Plant 10 Project, Gas Turbine, 33 MVA. Including the control room building, 115 KV/ 13.8 KV switchyard and its SCADA, PT. Oil and Gas Facility Pacific Indonesia, US 16 MM

17www.epro-resources.comCompany OrganizationPT. Energy Project ResourcesExisting Strategic Business Unit(SBU)NewStrategic Business Unit(SBU)FutureStrategic Business Unit(SBU)PT.ENERGY PROJECT RESOURCES (HOLDING)SBU 1Project Management and Engineering ConsultantProject Management Multi-Disciplines EngineeringSBU 2Engineering Procurement Construction and Installation (EPCI) ContractorEngineeringProcurementConstruction/ InstallationCommissioning/ StartupSBU 3Operation and Maintenance ServicesMaintenance ServicesOperation ServicesGroupInvestors18www.epro-resources.comSBU 3Operation and Maintenance Services19www.epro-resources.comScope of SupplyOperation Services20www.epro-resources.comScope of SupplyMaintenance Services21www.epro-resources.com