EP Projects Country Homepage Final

OMV Aktiengesellschaft

Exploration and ProductionProject and country profiles

August 2014

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DisclaimerThis document does not constitute a recommendation, an offer or invitation, or solicitation of an offer, to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis of any contract, investment decisions or commitment whatsoever. This document does not include any financial analysis or financial research and may not be construed to be a or form part of a prospectus. It is being furnished to you solely for your information. This document and its contents are proprietary to OMV Aktiengesellschaft (“the Company”) and neither this document nor any part of it may be reproduced or redistributed to any other person. It may be amended and supplemented.

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OMV Group2

||

1 Kurdistan Region of Iraq 2 Discovered technical resources, 3-year average 2013 3 Expected cumulated field life production

More than 1 bn barrels in the project pipeline

4 to 12 years lead time Production

FRDs (Romania)FRDs (Austria)Rosebank (UK)Zidane (Norway)

FRDs (Romania)FRDs (Austria)Habban (Yemen)Schiehallion (UK)Edvard Grieg (Norway)Aasta Hansteen (Norway)Maari Growth (New Zealand)Nawara (Tunisia)

Black Sea NorwayUKFaroe IslandsNew ZealandUnited Arab EmiratesGabonNamibiaMadagascar

Middle East Africa

Domino (Black Sea)FRDs (Austria, Romania)Bina Bawi (KRI 1)Cambo Hub (UK)Zola (Australia)Shuwaihat (UAE)Wisting (Norway)

2016: 70-80 kboe/d

New ventures Exploration Appraisal Development Execution

Production contribution 2021: 180-240 kboe/d

~500mn boe 3

~600 mn boe 3

~270 p.a. 2mn boe

Total volumes

3 OMV Group

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OMV Group4

||

Projects under development

Projects under appraisal

Exploration focus

Countries

Content

OMV Group5

||

Major projects under development

6

Project Country Type Production start 2P reserves Peak

productionProject

investmentsWorking interest Operated

primary year mn boe kboe/d EUR mn %

FRD Romania Oil/Gas 2013-2015 ~100 ~17 100.0 2

FRD Austria Oil/Gas 2013-2015 ~15 ~9 100.0

Maari Growth Oil 2014 ~10 ~7 69.0

Habban Oil 2014 ~28 3 ~10 44.0

Nawara Gas 2016 40-50 ~10 50.0

Schiehallion Oil 2016 ~42 ~12 ~11.8

Edvard Grieg Oil 2016 ~38 ~19 20.0AastaHansteen 4 Gas 2017 ~43 ~18 15.0

Zidane Gas 2018 ~20 ~7 20.0

Rosebank 5 Oil end of decade ~125-150 ~50 50.0

~810

~640

~740

~550

~820 3

~160

~260

~500-550 1


OP

OP

OP

NO

NO

NO

NO

OP

OP

NO

t.b.d.

1 Cumulated FRDs; forward investments; data as of end-2013 2 Via OMV Petrom 3 Including Phase 1 and 2 of the project 4 incl. Polarled 5 Divestment of ~10-20% stake plannedAll figures net to OMV

under review

OMV Group

||

Field Redevelopment projects, Romania

1 Cumulated FRDs, data as of end-2013 2 investments going forward, data as of end-2013 3 Horizontal Alternating Steam Drive concept

OMV Group7

FRDs: Lebada East, Suplac, Videle G2, Bulbuceni, Burcioaia, Oprisenesti, Independenta Ph. 1, Phoenix Ph.1, Istria Ph. 1, Tazlau Ph. 1 (Pilot), Madulari~100 mn 2P of oil and gas, coming on stream 2013-2015Peak production: ~17 kboe/d 1

Investments: EUR ~500-550 mn 1, 2

Madulari: Upgrade of facilities and redevelopment of the Mamu West area

Suplac: In-situ combustion and cyclic steam injection 3

Plan for additional drilling of 105 wells and modernization of the facilities until 2015

Ensures 10% of the total oil production of Petrom in Romania

Oprisenesti: Water injection and use of HPIS to optimize productionall tanks replaced in water treatment station;

Independenta Ph.1: Identify and develop the underdeveloped areas

Videle G2: Staged Polymer EOR redevelopment 2014 Istria Ph.1: Redevelopment of the producing fields and drilling

exploration wells Tazlau Ph.1: Implementation of five spot water injection in

reservoir by working over existing injection and production

Suplac horizontal wells

ROMANIA

Exploration and ProductionExploration only

||8

Field Redevelopment projects, Austria

1 Cumulated FRDs Note: data as of end-2013, all figures net to OMV

FRDs: 8. TH Phase 1, Erdpress, 16. TH Bockfliess Area,

Nordfeld Gas

~15 mn boe 2P of oil and gas, first oil/gas in 2013-2015

Peak production: ~9 kboe/d 1

Investments: EUR ~260 mn 1

► 8. TH Phase 1: Six new wells on stream

► Erdpress: Four new wells on stream; additional sevenproduction wells and two injectors planned

► 16. TH Bockfliess Area: One new well on stream, twoinjector wells planned

► Nordfeld Gas: Further development of the area by drilling at least one more gas well and building gas infrastructure

► Increase production and recovery by implementing new exploitation strategies

► Upgrade treatment facilities to increase throughput capacity, build new pipelines

AUSTRIA

OMV Group

||9

Maari Growth, New ZealandOMV (Op, 69%), Todd (16%), Horizon Oil (10%), Cue Taranaki

(5%)

Scope: Drill and tie in four horizontal oil producer wells and one

horizontal water injection well

2P reserves: ~10 mn boe

Peak production: ~7 kboe/d

FID May 2013, production start expected in H2/14

Investments: EUR ~160 mn

► Develop the proven oil accumulations through:

► Drilling additional wells and sidetracks

► Optimization of current water flooding

► Review of results of Manaia-2 appraisal well ongoing

► Commenced drilling campaign (10+ months) in April 2014

Ensco 107 drilling rig

All figures net to OMV

OMV Group

||

Habban, Yemen

Central Processing Facility construction site

OMV Group10

OMV (Op, 44%), SINOPEC (37.5%), YOGC (12.5%), YRL(6%),

PSA contract

~28 mn bbl 2P reserves of oil 1, 2

Actual production in 2013: ~6 kboe/d

Peak production (2016): ~10 kboe/d 2

Investment: EUR ~820 mn 2

► Production start via early production facilities in 2006, central processing facility under construction

► 2nd development phase started 2009

► Restart of field development in April 2013 after security upgrade

► Scope: wells, central processing facility and oil export pipeline

► Additional potential in Habban field is under evaluationYEMEN

1 2013 figures 2 Including Phase 1 and 2 of the projectAll figures net to OMV

||

Nawara, Tunisia

11

To be double checked

OMV (Op, 50%), ETAP (50%)

40-50 mn boe of gas coming on stream in 2016

Peak production (2017): ~10 kboe/d


► Final Investment Decision taken in 2014

► Gas field development including construction of

gas pipeline and treatment plant

► Gas sales agreement signed

► Line pipe manufacturing completed, ready for delivery to site

► EPCC contractors being mobilized

TUNISIA

Nawara - pipeline yard

OMV Group


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Schiehallion, UK

OMV Group12

Naming Ceremony Deep Sea Aberdeen, Geoje South Korea

BP (Op, 33.35%), OMV (11.76%), Shell (54.90%)

~42 mn boe 2P of oil and associated gas, coming on stream in

2016



► Offshore oil field redevelopment to prolong production to

beyond 2035

► Production ceased in January 2013, old FPSO 1 removed in

Q2/14

► Offshore program including sub-sea infrastructure progressing

according to plan

► New FPSO construction is 83% complete

► Up to 20 further wells planned – five year drilling commitment

for newly built rig 91% complete

UNITED KINGDOM


||

Edvard Grieg, Norway

Platform concept

OMV Group13


Lundin (Op, 50%), OMV (20%), Wintershall (15%), Statoil (15%)

~38 mn boe 2P of light oil and associated gas

On stream in 2016 with peak production of up to 19 kboe/d


► Offshore oil field development (~180 km west of Stavanger,

water depth of ~110 m)

► FID taken; project execution according to plan

► Jacket installed offshore by end April 2014

► Topside fabrication ongoing at various Norwegian sites

► Appraisal well Grieg SouthEast confirmed extension of

Edvard Grieg field to South, evaluations ongoing

► Gas export pipelaying commenced in July 2014

► Oil export pipelaying planned for H1/15

NORWAY

||

Aasta Hansteen, Norway

1 Latest start-up date from operator 2 160,000 barrels condensate storage capacity All figures net to OMV

Spar concept

OMV Group14

Statoil (Op, 75%), OMV (15%), Conoco Phillips (10%);

Polarled project (OMV share ~9%)

~43 mn boe 2P of dry gas (from three discoveries), coming on

stream in 2017 1

Production: Up to 18 kboe/d


► Deep water development with first floating Spar platform in

Norway and the largest in the world 2

► Overall project progress on plan

► Polarled project: 480 km new gas pipeline and upgrade of

Nyhamna gas processing plant, pipeline coating started

► “Cut of first steel“ for Spar hull in South Korea in April 2014

► Start of production drilling planned for late 2015

NORWAY

||

1 Former Zidane-2 2 Former NSGI: North Sea Gas Infrastructure; Zidane share in Polarled is ~ 2.4%All figures net to OMV

Zidane, Norway

Zidane concept

OMV Group15

RWE Dea Norge (Op, 40%), OMV (20%), Edison (20%), Maersk

(20%)

~20 mn boe expected cumulative production (98% gas)

Start of production: 2018


Investments: t.b.d.

► Development of offshore gas condensate field

► Zidane-West 1 discovery drilled in Q2/12; current evaluations

indicate higher volumes than in 2012 pre-drill

► Concept selection taken in March 2013: Tie-back to Heidrun

platform (15 km); export of gas via Polarled 2 pipeline to

Nyhamna gas processing plant

► FEED completed in Q4/13; optimization initiated

► Project options being reconsidered

NORWAY

|| OMV Group16

Rosebank, UK

1 Intention is to divest between ~10-20% stake 2 OMV viewAll figures net to OMV

FPSO concept

Chevron (Op, 40%), OMV (50% 1), DONG (10%)

125-150 mn boe 2P of oil and associated gas, coming on stream

end of decade


Investment: Under review

► Deep water oil field development including FPSO, production and water injection wells, subsea facilities and a gas export pipeline

► Project in progress; FID planned for 2015 2

► Significant commitments made for newly built drill rig

► FEED optimization progressing well; significant improvements identified

UNITED KINGDOM

17 | OMV Group



Exploration focus

Countries

Content

||

Major projects under appraisal

18

Project Country Type Production start

Cumulative production

Working interest Operated

primary year mn boe %

FRD Romania Oil/Gas 2014-2017 ~200-250 100.0 1

FRD Austria Oil/Gas 2015 ~5 100.0

Cambo Hub 2 Oil/Gas end of decade ~120-150 47.5-65.0

Shuwaihat 3 Gas/NGL end of decade t.b.d. 50.0 4

Domino Gas end of decade 0.75-1.5 tcf 50.0 1

Zola Gas end of decade t.b.d. 20.0

Wisting Oil end of decade t.b.d. 25.0

Bina Bawi Gas t.b.d. t.b.d. 36.0

OP

OP

NO

NO


OP

1 Via OMV Petrom 2 Cambo, Tornado, Suilven 3 Technical Evaluation Agreement 4 50% of expected gross volumes in appraisal phase to OMV All figures net to OMV

OP

NO

OP

OMV Group

||

Field Redevelopment projects, Romania

1 Data as of end-2013, all figures net to OMV

OMV Group19

FRDs: Videle-Blejesti, Balaria, Tazlau Ph.2, Phoenix Ph.2,

Independenta Ph.2, Istria Ph.2, Bustuchin, Muntenia, Bacea,

Barbuncesti, Calinesti, Preajba Cartojani

~200-250 mn boe expected cumulative oil and associated gas

production 1

Start of production: 2014-2017

Bacea: 3D seismic acquisition in 2014, seismic interpretation,

subsurface studies, workovers and water injection pilot

Barbuncesti: Increase oil recovery factor; 3D seismic

acquisition planned for 2014

Calinesti: New seismic survey to be acquired, early water

injection pilot, further evaluation and subsurface studies, infill

drilling to increase the recovery factor

Preajba Cartojani: Seismic interpretation and subsurface

studies, infill drilling to increase recovery factor

ROMANIA


||

Field Redevelopment projects, Austria

Data as of end-2013, all figures net to OMV

OMV Group20

FRD: Matzen field: 8. to 16. TH horizons; Pirawarth & Hochleiten

fields

~5 mn boe expected cumulative oil and gas production

Start of production: 2015

► 8. to 16. TH Matzen

► Increasing production and recovery by drilling additional

wells and upgrading existing wells in all horizons 8. to

16.TH in Matzen

► Continue polymer pilot project

► Successful exploration well in Nordfeld field (Dobermannsdorf

2a) and appraisal well in Matzen field (Prottes Tief Süd 3b)

► Consider change of current IOR strategy (peripheral water

flood only) by implementing pattern water flooding, and

possible introduction of EOR measures (polymer flooding)

AUSTRIA

||

Cambo Hub, UK

OMV Group21

Three projects: Cambo (OMV Op. 47.5%, Chevron 32.5%,

Dong 20%); Tornado (OMV Op. 65%, Dong 20%, Faroe 7.5%,

Idemitsu 7.5%); Suilven (OMV Op. 57.5%, Shell 25%, Statoil

8.75%, JX Nippon 8.75%)

Start of production: end of decade, early production

opportunities being evaluated

Expected cumulative production: 120-150 mn boe oil and gas

► Area hub potential for Cambo, Tornado and Suilven and

exploration potentials

► Cambo – Appraisal program to reduce subsurface uncertainty,

subsurface modelling and development option screening

ongoing, 3D seismic acquisition program started

► Tornado and Suilven – will be progressed with Cambo

► Tie-in possibilities to Cambo for Blackrock exploration wellUNITED

KINGDOM

||

Shuwaihat, U.A.E.


OMV Group22

Wintershall (Op, 50%), OMV (50%)

Gas and condensate (NGL)

Start of production: end of the decade

Appraisal of sour gas and condensate field

Signed TEA with ADNOC in June 2012

OMV: Proven track record of safe development and

production of sour gas (H2S and CO2) in Austria and Pakistan

Drilling program: Three wells in appraisal phase - spud of first

well Shuwaihat 5 on May 18, 2014; drilling ongoing

3D seismic acquisition planned

U.A.E

23 | OMV Group

Domino, Black Sea Romania

Neptundeepblock

BULGARIATURKEY

UKRAINERUSSIA

GEORGIA

500km

ROMANIANeptun

DeepBlock

Ocean Endeavor rig

ExxonMobil (Operator, 50%), OMV Petrom (50%)

Domino-1 discovery: 70.7 meters of net gas pay, preliminary

estimate 1.5-3 tcf (42-84 bcm; 250-500 mn boe), gross

Start of production: towards end of decade 1

► Domino-1: First deep water (~930 m) exploration well offshore

Romania, total depth >3,000 meters below sea level

► Ocean Endeavor rig started drilling the Domino-2 well in July

and is expected to be completed by the end 2014, with results

available in 2015

► 3D seismic data and results from drilling campaign continue to

be processed

► Third exploration well is expected to start following the

completion of Domino-2 drilling

1 If commercially viable

||

Zola, Australia

OMV Group24

Ocean America rig (Bianchi-1)

Apache (Op, 30.25%), OMV (20%), Santos (24.75%), Nippon

(15%), Tap (10%)

Zola-1: Discovery confirmed net gas pay 130 m in 2011

Bianchi-1: Appraisal well in 2013 – net gas pay estimated at

112 m

Start of production: end of decade

► 3D seismic acquisition in 2014/15 to mature further appraisal

targets and assess potential of deeper gas sands found in

Bianchi-1AUSTRALIA


||

Wisting discovery


Transocean Barents – Hanssen

OMV Group25

Exploration license PL 537 awarded to OMV 2009

OMV (Op, 25%), Petoro, Idemitsu, Tullow (each 20%) andStatoil (15%)

Estimate 200-500 mn boe (gross) total recoverable oil resources within PL 537 - opened new play type

► Wisting Central discovery in September 2013

► Shallow reservoir approx. 250 m below sea level

► Preliminary estimates 60-160 mn bbl of recoverable oil, 10-40 bn cf of recoverable gas

► Water depth: 400 meters

► Hanssen appraisal well drilled in Q2/14 – proved oil in another structure

► 20-25 meter gross oil column in the main target (StøFormation); Successful formation test

► Preliminary estimates 20-50 mn boe of recoverable resources, largely oil

► Further seismic and appraisal drilling in 2015 to prove up commercial volumes, rig contract awarded

NORWAY

||

Bina Bawi, KRI

Bina Bawi drilling rig

OMV Group26

OMV (Op, 36%), Genel (44%), Government (20%)

Significant gas potential (albeit sour gas)

► Operatorship taken over in August 2010

► Tests of appraisal wells Bina Bawi-4, -5 and -6 completed,

limited oil volumes but significant (sour) gas potential

► Investigating gas commercialization and development

KURDISTAN REGIONOF IRAQ

||



Exploration focus

Countries

Content

OMV Group27

28 | OMV Group

Exploration and productionExploration only

High impact well

Domino-2

Brugdan

Hanssen/Wisting

Affanga Deep

Okala

AtlantisApollo

Lyon

Sula-Stelkur

Neptun DeepPolshkov Lead

Hagar

Berenty Lead

Core countries

North Sea Region

Black Sea

Sub-Saharan Africa

Exploration update and high impact wells 1

1 >25 mn boe net to OMV 2 Exploration/Appraisal 3 Subject to updates based on operational requirements 4 Via OMV Petrom

Well Country Basin/Block Type 2 Spud date 3

Working interest Operated

Affanga Deep Gabon Offshore E Dry 30%

Okala Gabon Offshore E Dry 10%

Apollo Barents Sea E Dry 20%

Hanssen (Wisting) Barents Sea A Oil 25%

Brugdan West of Shetland E Dry 15%

Atlantis NO Barents Sea E Dry 20%

Sula-Stelkur West of Shetland E Drilling 30%

Domino-2 RO Black Sea E Drilling 50% 4

Neptun Deep RO Black Sea E 2014-15 50% 4

Stripfing T1 AT Vienna Basin E 2014-15 100%

Hagar NO Norwegian Sea E 2015 20%

Lyon West of Shetland E 2015 40%

Berenty Lead Berenty E 2015 35%

Polshkov Lead Han Asparuh E 2015 30%

Wisting Appraisal Barents Sea A 2015 25%

NO

OP

NO

NO

NO

OP

NO

NO

NO

OP

OP

NO

NO

NO

NO

New Ventures Montenegro bidding round: Government accepted consortium with MarathonSeismic Namibia: 5,000 km2 3D seismic acquisition finished in JuneDrilling Wisting appraisal well Hanssen proved additional oil Black Sea: Marina-1 exploration success, Domino-2 well spudded in July Luno II: Appraisal drilling ongoing, results expected in H2/14Stripfing T1

29 | OMV Group

Exploration North Sea Region (Norway, United Kingdom, Faroe Islands)

Drilling further four high impact wells 2014-2015 in the region

Norway: Drilling campaign in under-explored Barents Sea

Wisting appraisal well Hanssen confirmed additional oil. Total Wistingpotential within PL 537 in the order of 200-500 mn bbl (gross)

23rd bid round (2015/16): evaluation ongoing

Additional acreage around future Edvard Grieg hub under evaluation (Norwegian North Sea)

United Kingdom/Faroe Islands: West of Shetland

Sula-Stelkur high impact well spudded on June 30, 2014

Further opportunities in maturation phase for 2015/16 including new acreage evaluation

30 | OMV Group

Exploration – Black SeaNeptun Deep (Romania)

OMV Petrom (50%), ExxonMobil (Operator, 50%) Domino-1 discovery in 2012: a play opener;

preliminary resource estimate 1.5 - 3 tcf (42-84 bcm) of gas Drilling campaign 2014/15: Domino-2 well followed by further

deep water exploration drilling, subject to well results and further studies

Midia Deep (Romania) OMV Petrom (42.5%), ExxonMobil (Operator, 42.5%), Gas Plus (15%) 3D seismic processing ongoing

Han Asparuh (Bulgaria) OMV (30%), Total (Operator, 40%), Repsol (30%) 3D seismic acquisition completed (~7,700 km2); continued work program

(G&G studies) will facilitate drilling of two deep water exploration wells in 2015/2016

Operatorship handed over to Total as of April 1, 2014

Skifska exploration block (Ukraine) ExxonMobil and OMV Petrom remain interested in the Skifska license, on

hold due to current circumstances

31 | OMV Group

Exploration Sub-Saharan AfricaMadagascar Offshore Grand Prix license: OMV (40%), Niko Resources Ltd (Operator,

35%), EnerMad (25%) Large, underexplored offshore license with untested deepwater play

fairway Onshore Madagascar: Farmed into two blocks 1, Berenty and Mandabe;

OMV (35%), Tullow (Operator, 65%) 2D seismic acquisition planned for end 2014, 2015 High-impact exploration well in Berenty block scheduled for 2015

Gabon Four offshore licenses operated by Ophir Energy; Ntsina/Mbeli - OMV

(10%); Manga/Gnondo - OMV (30%) Around 8,000 km2 3D seismic acquisition planned in Q3/14 to unlock high

potential deepwater playNamibia Two offshore blocks, OMV (25%), Murphy (Operator) Chasing various plays in close proximity to potential hydrocarbon source

area 5,000 km2 3D seismic acquisition completed in June 2014

1 Subject to approval of the Government of Madagascar

32 | OMV Group

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33 | OMV Group



Exploration focus

Countries

Content

34 | OMV Group

1 Via OMV Petrom 2 2 months of production in 2013

E&P country footprint Country Type Contract type Production 2013 Operated Key projects/assets

primary kboe/d

Romania 1 Oil/Gas Royalty 171.4 FRDs

Austria Oil/Gas Royalty 34.6 FRDs

Libya Oil/NGL PSA 21.6 Murzuq, Sirte basins

New Zealand Oil/Gas Royalty, JV 16.5 Maari

Tunisia Oil/Gas Royalty, JV 10.2 Nawara

Norway Oil/Gas Petroleum tax regime 4.5 2 Zidane, A.Hansteen, E.Grieg, Gullfaks, Gudrun

UK Oil/Gas Royalty 2.0 Schiehallion, Rosebank, CNS/WoS

Australia Gas Royalty, JV - Zola

Pakistan Gas Royalty 11.0 Latif, Mehar

Kazakhstan Oil Tax/Royalty 11.2 TOC, Komsomolskoe

Yemen Oil PSA 4.8 Habban

KRI Gas PSA, FI - Bina Bawi

UAE Gas/NGL EAA/TEA - East Abu Dhabi, Shuwaihat

Madagascar Oil PSA - Grand Prix Permit, Berenty/Mandabe

Gabon Oil PSC - Mbeli, Ntsina, Gnondo, Manga

Namibia Oil PSA - Blocks 2613A, 2613B

Bulgaria Gas Royalty - Han Asparuh

OP

OP

NO

NO

OP

NOOP

NOOP

NOOP

OP

OP

NO

NOOP

NOOP

NO

NO

NO

NO

35 | OMV Group

Romania – stabilizing productionKey facts:

OMV acquired 51% of Petrom end 2004

Existing blocks/fields: 10 Assets with >230 oil and gas fields

(~45/55% oil/gas mix) and ~10,000 operated wells

Production 2013: 171.4 kboe/d (2012: 170.5 kboe/d)

Contract type/taxation: Royalty

Status / Next steps:

► Improved workover efficiency (~1,600 activities p.a. contributing

~8% of production in 2013)

► “energize OMV”: E.g. +1 kbbl/d from commingled production by

2014; yearly average production achieved in 2013: 1,430 boe/d

out of 1,400 boe/d annual target

► Drill >140 new wells p.a.

► Current recovery factors oil/gas 25%/49%

Production decline successfully stopped kboe/d

190

200

160

10

180

0

170171

2012

171

2011

174

20102009

181174

20132008

189

2007

193

36 | OMV Group

Austria – maintain production level Key facts:

OMV operations since 1956

Oil and gas fields: 4 assets with ~40/60% oil/gas production mix


Production: 34.6 kboe/d in 2013 (2012: 38.0 kboe/d)


► FRDs (Erdpress, 8. TH Phase 1, 16. TH Bockfliess Area,

Nordfeld Gas)

► Drill approximately 15 to 20 new wells per year – development,

injection and exploration and appraisal wells

► Polymer injection pilot – traces of polymer produced

► Successful technology pilots to be rolled out to other countries0

10

20

30

40

50

201320001990

Steadily keeping production frommature basin at a high levelkboe/d

37 | OMV Group

Libya – situation remains volatileKey facts:

OMV presence since 1975, production since 1985

Existing blocks/fields: Murzuq and Sirte Basins

Oil and NGL

Contract type/taxation: PSA


Status:

► Political situation remains volatile

► Production shut-ins throughout the year

► Sirte production shut in since closure of ports in the east

in July 2013. Zueitina terminal re-opened in May 2014

► Conducted equity lifting from Zueitina in May

► Currently drilling the 6th exploration well since business

resumption in 2011

ADWOC 38 Rig, NC115, Libya

MurzuqBasin

SirteBasin

38 | OMV Group

New Zealand – offshore production and exploration opportunities

Key facts:OMV holds interests in 10 licenses: 3 production and 7 exploration

permits; 4 as operator

Contract type/taxation: Royalty, JV

Producing asset base: Maari oil field (operated), Maui and

Pohokura gas fields (non-operated, JV)


Status / Next steps:► KanTan IV semi-submersible drilling rig arrived August 2013:

► Manaia-2 appraisal well drilled (encountered hydrocarbons)► Whio-1 exploration well drilling started in July► Two further exploration wells in non-operated Maui license in

H2/14► Ensco 107 jack-up drilling rig commenced operations in April

2014, production start expected H2/14► Great South Basin: 3D-seismic data evaluated, JV entered into

next exploration phase including well commitment for 2016

FPSO RAROA and well head platform

||

Tunisia – developing gas fields in the South Key facts

Concessions and Permits: Cherouq, Durra, Anaguid, Nawara,

Sidi Mansour (all operated) and non-operated assets 1



Nawara:

► FEED completed; Plan of development signed

► FID taken in March 2014

► Gas Sales Agreement signed

► EPCC contractors being mobilized

► Production start: 2016

Other:

► Ashtart revamp project completed

1 Ashtart (JV), Guebiba, Cercina, Adam

39 OMV Group

40 | OMV Group

Norway – developing the portfolio

1 Includes 480 km gas pipeline from Aasta Hansteen to Nyhamna and upgrade of Nyhamna gas processing plant

Key facts: Active in 36 licenses, thereof 9 operated 2 new licences awarded in January 2014Contract type/taxation: 78% Petroleum tax regime

Status / Next steps: Gudrun production started in April 2014 – slow ramp-up till year

end; Gullfaks Q1/14 production 27.5 kboe/d Edvard Grieg (20%): First production expected in 2016;

operator Lundin; execution ongoing as planned Luno II discovery (20%) aquired – drilling of Luno II Central

appraisal well ongoing Aasta Hansteen (15%): First production expected in 2017; first

Spar for Norway in Korea; stake of ~9% 1 in the Polarledproject

Zidane (20%): Project options being reconsidered Wisting discovery: Further appraisal drilling and seismic

evaluations ongoing

Gudrun

41 | OMV Group

UK – focus on West of Shetland area

FPSO Schiehallion

Existing production: Jade (5.57%)

Operated by OMV:

Cambo (47.5%), Tornado (65%), Suilven (57.5%)

Not operated by OMV:

Rosebank (50%); Schiehallion/Q204 (11.76%); Jackdaw (9.7%)

Key prospects: Sula/Stelkur, Blackrock, Lyon, Spitfire



► Schiehallion Redevelopment: On schedule for first oil 2016

► Rosebank: Project progressing, FID planned for 2015, first oil

end of decade

► Cambo/Tornado/Suilven: Investigating potential for hub

development

► Jackdaw project in appraisal stage; maturing options; expected

to move to development stage after completion of options

screening

42 | OMV Group

AustraliaKey Facts:

OMV holds 6 exploration licenses, 1 as operator


WA-49-R Zola Discovery:

2011 gas discovery (Zola-1) on Australia’s Northwest Shelf

(OMV 20%)

► Bianchi appraisal well drilled April to July 2013; Multiple gas-

bearing sand intersected, net gas pay estimated at 112 m

► 3D seismic acquisition in 2014/15 to mature further appraisal

targets and assess potential of deeper gas sands found in

Bianchi-1

WA-320-P Palmerston-1 exploration well (Apache operated)

► Well committed for 2014 to be deferred depending on 3D

seismic acquisition results

Stena Clyde rig (Zola-1)

43 | OMV Group

PakistanKey Facts:

First gas discovery in 1993, Miano field

OMV active in 8 exploration blocks

Six producing assets: Sawan, Miano, Latif, Tajjal, Mehar, Mubarak

Production: 11.0 kboe/d in 2013 (12.8 kboe/d in 2012)

Latif: Petroleum Policy 2012: received the Latif Gas Provisional

Price Notification on dual pricing from OGRA


► Mehar Phase 1: Gas condensate processing facility completed

and commissioned, production started in Q4/13

► Inauguration of the Mehar gas plant by the Prime

Minister on June 16, 2014

► Mehar Phase 2: Drill additional production wells, double

gas/condensate processing facilities and build condensate

export pipeline; completion of project planned for Q4/16

Pakistan, Mehar Pipeline

44 | OMV Group

KazakhstanKey facts:

Asset base: Komsomolskoe oil field and Tasbulat Oil Company

fields - TOC (Tasbulat, Turkmenoi and Aktas)

Contract type: License - Tax/Royalty

Production: 11.2 kboe/d in 2013


TOC and Komsomolskoe:

► Further pursue water injections schemes in order to secure

reservoir pressure support and slow down the production

natural decline

Production in kboe/d

12.212.0

9.9

6.35.74.65.0

2.5

0.0

12.5

10.0

7.5

201220112010200920082007 2013

11.2

45 | OMV Group

YemenKey facts:

Existing blocks/fields: 6 blocks, in 4 operator1 block under production/development (S2), rest exploration


Production: 4.8 kboe/d in 2013


Challenging security situation and extended road blockages affecting mainly transportation; several attacks on the pipeline

Habban Phase-2 development project ongoing (workover/drilling and CPF construction operations)

Preparing for start of construction of oil export pipeline, 3D seismic acquisition and maturation of additional drilling prospects

Early production of existing wells by EPFs is self-financing Habban field development

Habban development in block S2

46 | OMV Group

Kurdistan Region of Iraq, KRIKey facts:

OMV is operator in Bina Bawi (PSA) and holds 10% financial

interest in Pearl Petroleum Ltd. (Khor Mor and Chemchemal gas

condensate fields)

Pearl production: 68 kboe/d (gross)

Bina Bawi:

► OMV (Op, 36%), Genel (44%), Government (20%)

► Tests of appraisal wells Bina Bawi-4, -5 & -6 completed

► Only limited oil volumes but significant gas potential (albeit

sour)

► Investigation of gas commercialization / marketing activities

ongoing

Bina Bawi-3 discovery

||

United Arab Emirates, U.A.E.


Shuwaihat: Wintershall (Op, 50%), OMV (50%)

Signed TEA with ADNOC in June 2012

Sour gas and condensate field – appraisal phase

Appraisal program: 3 wells - spud of first well, Shuwaihat 5, on

May 18, 2014; drilling ongoing

Start of production: end of decade

East Abu Dhabi: OMV(Op, 60%), ADNOC (40%)

► OMV signed exploration agreement with ADNOC for East Abu

Dhabi on June 24, 2013

► Acquisition of 3D seismic started end of June 2014

► First exploration well planned for 2015/16

OMV Group47

EAA area

|

Bulgaria OffshoreKey facts:

OMV (30%), Total (Op, 40%), Repsol (30%)

Operatorship handed over to Total as of April 1, 2014


► 3D seismic acquisition completed (~7,700 km2); 2D seismic acquisition completed (3,000 km); processing and interpretation being performed by OMV

► OMV to perform sea-bottom survey and seabed sampling activities in 2014

► Continued work program (G&G studies) will enable drilling of two deep water exploration wells in 2015/2016

► Drill first high impact exploration well in 2015 and second high impact exploration well in 2016

48 OMV Group

49 | OMV Group

MadagascarKey facts:

Grand Prix permit (offshore): OMV (40%), Niko Resources (Op,

35%), EnerMad (25%)


OMV will take over operatorship in 2014

3D seismic survey planned for 2015 (~4,500 km²) 1

Water depth up to 1,700 m

Berenty/Mandabe permits (onshore): OMV (35%), Tullow (Op, 65%)

►Contract type/taxation: PSA

► Farm-out agreement with Tullow signed end March 2014, awaiting

government approval

► Planned activities: 2D seismic in Mandabe (2014), exploration well

in Berenty (2015)

1 Subject to partners approval

Grand Prix Permit

BerentyPermit

MandabePermit

50 | OMV Group

GabonKey facts:

Manga/Gnondo: Ophir (Op,70%), OMV (30%)

Mbeli/Ntsina: Ophir (Op, 40%), Petrobras (50%), OMV (10%)

Contract type/taxation: PSC


Government approval received for Ophir transaction in June 2014, closed with Ophir July 16, 2014

► 3D seismic program covering approx. 8,500 km2 over the undrilled parts of the blocks planned to commence in Q3/14, and to last up to 6 months

Manga Marin / Gnondo Marin blocks:Total block size: ~6,000 km2

Water depth: 100-2,500 m

Mbeli Marin / Ntsina Marin blocks:Total block size: ~6,500 km2

Water depth: 135-2,300 m

Affanga Deep

Pre-Salt

Post-Salt

LEADS

Mbeli

Ntsina

Gnondo

Manga

Gabon

Port Gentil

51 | OMV Group

NamibiaKey facts: OMV (25%), Murphy (Op, 40%), Cowan (20%),

NAMCOR (15%)

Contract type: Production Sharing Agreement


► Deal for OMV and Murphy to farm-in to Cowan license

closed in April 2014

► 5,000 km2 3D seismic campaign conducted between April

and June, within time and under budget

► One year license extension granted to allow drill or drop

decision to be made by end 2016Blocks 2613A and 2613B offshore blocks:Size of the permit: 11,000 km2

52 | OMV Group

Abbreviations

CNS Central North Sea

CPF Central Processing Facilities

EAA Exploration Activity Agreement

EPCC Engineering, Procurement, Construction

and Commissioning

EPF Early Production Facility

FEED Front End Engineering and Design

FI Financial Interest

FID Final Investment Decision

FPSO Floating Production, Storage and

Offloading Vessel

FRD Field Redevelopment

G&G Geology and Geophysics

HPIS High Pressure Injection Stations

JV Joint Venture

KRI Kurdistan Region of Iraq

NAMCOR National Petroleum Corporation of Namibia

NSGI North Sea Gas Infrastructure

OGRA Oil & Gas Regulatory Authority

PDO Plan for Development and Operation

PSA Production Sharing Agreement

PSC Production Sharing Contract

TEA Technical Evaluation Agreement

WoS West of Shetland

53 | OMV Group

Documents

EP Projects Country Homepage Final