MNP Petroleum Company Presentation August 2014 TSX - V: MNP OTCQB: MNAP www.mnppetroleum.com
WHO WE ARE MNP is changing from Exploration to Exploration & Production Focus in Central Asia for: Exploration Production Diversified asset portfolio in a basin with proven petroleum system Low and medium risk plays Shallow…
Management Team Former Head of Exploration and Research of OMV; CEO of various international operations with OMV; E&P Executive Director Petrom Werner Ladwein and member of the Board; Director of several private corporations Chief…
Board of Directors Founder of MNP Plays a critical role in targeting, appraising and acquiring the rights Heinz Juergen Scholz to major oil and gas assets in the FSU Chairman of the Board Experienced in construction of factories and…
Board of Directors Former Chairman of the Society of Petroleum Engineers Calgary Section, Client Solutions for the Canadian Business Unit of Sanjel Corporation, Green Imaging Technologies, Inc. and Vice President and Managing…
Focus: Fergana Basin Exploration Project Rehabilitation/Production Project (in process to acquire) 3396 sqkm acreage (839 acres) 8 producing fields 1310 km 2D seismic acquired to date Rehabilitation Commencement of drilling Q3…
Exploration Fergana Basin Tajikistan 8
Exploration: Key Wells 2014/2015 First two exploration wells: Kayrakkum West Supetau TD: 5200 m; Vertical: 5050 m TD: 4500 m; Vertical: 3550 m Analog: Niazbek-Karakchikum field Analog: Mingbulak field, Mahram field Somon 2011/12…
Exploration: Kayrakkum Prospect Target depth 47005000 m, TD: 5050 m Analog: Niazbek-Karakchikum field Paleogene reservoirs Paleogene Kayrakkum Niazbek- Primary Karakchikum targets 10
Exploration: West Supetau Prospect Target depth 3800 4200 m; TD: 3550 m Analog: Mingbulak and Mahram Closest production from same reservoir in Mingbulak (250 MMBOE reserves) Closest discovery in same reservoir, however, only partly…
Exploration Resources Proven petroleum systems Bordering producing fields as analogues Unrisked Contingent Resources (Gross / MNP working interest 90%) OOIP Contingent Resources Licenses Mean MMBO Mean MMBOE Northwestern 137.5…
Exploration Project Terms Production Sharing Contract Terms confidential No royalty 100 % cost recovery No profit tax No export limitations Exploration phase expires July 2014 respectively July 2016, Extension of Initial…
Conclusion Exploration Fergana Basin Licenses: Connected and forming one large area Modern seismic acquired 2008-2012 Prospects and leads defined Two drill ready prospects Critical for spud (rig availability and LLI) Drilling site…
Rehabilitation Fergana Basin Tajikistan (in process to acquire) 15
Location of Producing Fields 8 producing fields Fields run down due to lack of: Upside: 30+ MM BO 2P reserves technology redevelopment investment appraisal & development Current production: < 250 bopd Rehabilitation exploration…
Producing Fields Shallow field alignment Deep Fields Intermediate Fields Hanging Wall Reservoir N S 500m 0 Ng 500m 1000m Footwall Reservoir Pg K 1500m Msg 2000m Pz Pz 2500m 3000m 3500m Oil and Gas fields…
Production Potential Increase production through: proper maintenance including investment in new equipment Starting with current active wells Using shut-in and abandoned wells (totally 230 wells had produced) Redevelopment of…
Conclusion Fergana Basin Exploration: Resource potential Fergana Basin of 4 BlnBO (EIA, USGS); of which 75 % yet to be discovered two exploration areas near producing fields Proven petroleum system Subsalt plays at center of basin…
Exploration East Gobi Basin Mongolia 20
MNP Exploration Blocks: XIII and XIV MNP: 74%WI, operator Shunkhlai Group: 10 % WI Swiss Group: 8 % WI Hong Kong Group: 8 % WI Acreage 3,018 sqkm Close to existing production Acreage surrounds two producing fields in PSC 97…
Good Neighborhood Blocks XIII and XIV surround PSC 97 operated by Sinopec subsidiary Dongsheng: Zuunbayan and Tsagaan-Els oil fields Current production approx. 1,600 bopd; API 22 35 Primary exploration targets in the East Gobi Basin…
Prospective Areas Before Drilling Ger Chuluu Subbasin (Focus on 6 Subbasins) After Drilling Ger Chuluu Subbasin (Focus on 3 Subbasins) OOIP unrisked (Mstb) P50 (Gross / MNP Working Interest 74%) TOTAL 362,697 Source:…
Production Sharing Contract Profit Oil Splits Average Monthly Production Contractor Government 5,000 bbl/d 56.5% 43.5% 5,001 and < 10,000 bbl/d 51.5% 48.5% 100% cost recovery 10,001 and < 15,000 bbl/d 46.5% 53.5% 15,001 and < 20,000…
Conclusion East Gobi Basin Drill ready prospects Shallow exploration (cost of a well: 1 - 2 million USD) Infrastructure available (producing fields in neighborhood) Recoverable past costs to date: 13 million USD Market for…
Equity Interest in Petromanas 26
1.2 % Equity interest in Petromanas (TSX.V:PMI) Assets in Albania, France and Australia Main activity in Albania: Tested Sphirag-2 Drilling Molisht-1 For more information please visit: www.petromanas.com 27
Financial 28
Capital Structure Exchange TSX Venture OTCQB Symbol MNP MNAP Market Capitalization CAD 13.81 million USD 12.08 million Stock Price (August 27, 2014) CAD 0.08 USD 0.07 52 Week Range CAD 0.035 CAD 0.087 USD 0.04 USD 0.09 Common…
Summary MNP is changing from Exploration to Exploration & Production Exploration acreage in Fergana Basin, Tajikistan Proven Petroleum System High potential prospects 2 prospects ready to be drilled Acquisition of producing assets…
CORPORATE STRUCTURE MNP Petroleum Listing on: TSX V and Corporation OTCQB (USA) 100 % 100 % 100 % DWM Petroleum AG Manas DWMPetroleum Energy AGAG Manas Management Service Ltd. (Switzerland) (Switzerland) (Bahamans) 1.2…
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