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COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd.

Aurora Oil & Gas Ltd. · Jan 14, 2013 · 23 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 1
    Aurora Oil & Gas Limited 2013 TD Securities London Energy Conference January 14, 2013
  2. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 2
    Overview of Aurora Oil & Gas Perth, Australia headquartered E&P company CEO, COO and most operational staff based in Houston, Texas Founded in 2005 - listed on both the ASX and TSX (now in the ASX 100 index) Eagle Ford Shale Pure…
  3. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 3
    Premier Position in Condensate and Volatile Oil Windows Low risk, repeatable and scalable Aurora Oil & Gas (1) ConocoPhillips Marathon Oil Eagle Ford inventory EOG Resources Murphy Oil 800(2) gross wells on 80 acre spacing Pilot…
  4. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 4
    2012 Monthly Production Growth www.auroraoag.com.au TSX: AEF ASX: AUT 7
  5. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 5
    Sugarkane Infrastructure Centralized processing facilities nine Karnes operational across the field Scalable capacity for future production profile Large 3rd party gas and oil lines presently under construction - considerable…
  6. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 6
    Oil and Condensate Driven Capital Program Sugarkane Field 2012 Upstream capital focused on drilling the leases to held by production status HBP 90% of leasehold HBP at end of 2012 End 2012 there were 216 gross and 50 net wells on…
  7. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 7
    Marathon: Experienced partner committed to development The Eagle Ford is the top basin we have in the world todaywe love the geology. Q4 11 Marathon Oil Conference Call We are indeed in some of the best real estate in North America, if…
  8. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 8
    2012 Operational Summary 4th Quarter Operational Activity 31 gross wells spudded: 6 Excelsior, 1 Ipanema, 13 Longhorn, 11 Sugarloaf 47 gross wells commenced production: 14 Excelsior, 1 Ipanema, 17 Longhorn, 15 Sugarloaf Gross…
  9. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 9
    Pilot Program status Q4 2012 planned activity Additional activities include: Production logging Micro seismic Tracer monitoring Well orientation www.auroraoag.com.au TSX: AEF ASX: AUT 12
  10. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 10
    Unsaved Document / 15/08/2011 / 15:28 Financial overview 13
  11. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 11
    Quarterly Financial Summary Selected Financial Data Revenue (1) EBITDAX (2) (US in thousands) (US in thousands) 85,483 49,916 57,493 31,639 39,567 21,378 27,932 23,187 13,241 13,948 17,570 9,292 7,280 3,009 Q1 Q2 Q3 Q4 Q1…
  12. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 12
    Quarterly Results Trend 90 Revenue EBITDAX 80 Royalties 70 Production and Operating Expenses (incl Sales Taxes) G&A 60 US MM 50 40 30 20 10 0 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012…
  13. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 13
    Financial Liquidity USmillion Cash on hand 30 September 2012 143 Trade and other receivables 73 Trade and other payables (193) Pro forma 30 September 2012 net cash 23 Undrawn revolving credit line - Reserve based lending (RBL) 150…
  14. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 14
    Hedging Profile Total Volume Swaps Zero Cost Collars Hedged WTI (1) LLS (2) WTI (1) Bbl/d Oil Hedge Gross Oil Hedge Gross Oil Floor Cap Gross hedged price value hedged price value hedged price price value (mbbls) /bbl USMM…
  15. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 15
    Key Highlights 1 Pure Eagle Ford shale producer 2 Strong management team and experienced partner 3 Rapid production and reserve growth 4 Oil and condensate focused 5 Significant asset value with potential for accretive A&D and…
  16. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 16
    Unsaved Document / 15/08/2011 / 15:28 Appendix 19
  17. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 17
    Corporate Summary Key Facts millions Fully paid ordinary shares (December 31, 2012) 448 Options on issue (varied prices December 31, 2012) 6.3 Executive Performance Rights (December 31, 2012) 1.2 Fully diluted capital (December 31,…
  18. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 18
    2012 Summary Development accelerates Spudded 161 new gross wells at the Sugarkane field during 2012 148 new gross wells producing (plus 2 farmout wells completed payout) giving a total increase of 38.5 net producing wells.…
  19. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 19
    2012 Summary (continued) Financial performance to Q3 2012: Q1 Q3 Increase from Q3 Increase (9 mos) corresponding USMM from Q2 USMM period Revenue 85 50% 182 280% EBITDAX (1) 50 60% 103 300% NPAT (1) 16 60% 35 35% Drilling…
  20. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 20
    2012 Full Year Guidance Production Range (1) Estimated annual production (MMboe) of 3.7 4.1 gross, 2.8 3.0 net Estimated December month average production rate (boe/d) 17,300 19,100 gross, 12,800 14,100 net 2012 Guidance: PRIOR…
  21. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 21
    2013 Provisional Plans(1) Pilot Program Continue spacing and completion evaluation with further wells likely Continue evaluation of deeper horizons Carry out Austin Chalk pilot program on 60 acre spacing Drilling Schedule Initial…
  22. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 22
    Financial Summary Selected financial data Selected financial data Qtr Qtr Qtr Qtr 12 Months to (US in Thousands) Dec-11 Mar-12 Jun-12 Sep-12 Sep-12 PRODUCTION: Total net production (boe) - pre-royalty 391,645 438,726 761,124…
  23. COMPANY PRESENTATION MATERIAL – Aurora Oil & Gas Ltd. – slide 23
    EBITDA/EBITDAX Reconciliation(1) Nine months ended Three months ended Sep-12 Sep-12 Jun-12 Mar-12 Dec-11 US'000 US'000 US'000 US'000 US'000 Net earnings after tax 35,048 16,013 10,330 8,705 4,533 Adjustments: Share based payments…

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