Strategic Objective Build a sustainable mid size oil company in politically stable Australia and New Zealand Critical Exploration Mass Achieved Balanced exploration portfolio Low cost environment in NZ Technically and commercially…
Technical & Commercial Team Board and Management John W Barr Chartered Accountant and experienced director for over 30 Executive Chairman years. Andy Carroll Engineering degree from Cambridge University with over 30 Technical Director…
Timeline Foundation Acquisitions Critical Mass Growth 2011-12 2013 2014 2015 Incorporated Petroleum Creek AIM Admission Organic - New Zealand Officer Basin Initial Seed Drilling Flow testing Petroleum Creek Further Seed Oil…
Balanced Exploration Portfolio Permits Substantial Portfolio New Zealand Operator Interest Status Expiry Date Area (sq.km) Petroleum Creek Raised AUD 11M (Net of Petroleum Creek Limited 100% Exploration 4/9/2017 143 (PEP 38526)…
Petroleum Creek Permit Snapshot A 143.6 square km onshore permit near Greymouth, South Island, NZ SRK identified 19 Prospects with P50 Unrisked OIIP of 114.5 mmstb Prospective Resources Three wells drilled in 2014 fulfilled…
New Zealand Permits Planned 2015 Activity Petroleum Creek Flow testing Cobden Seismic Drilling Murchison Drilling Taramakau Seismic Drilling East Coast Low cost exploration 9
Murchison Exploration Permit Planned 2015 Activity Deep Sub-basin with seeps and Discovery Large oil and gas potential Planning to drill shortly Path to commercialisation is gas power generation connected to existing grid 10
Australian Permits Planned 2015 Activity Otway Basin Technical work prior to farm out decision and 2016/2017 drilling Amadeus Basin Ongoing exploration Note proposed gas pipeline Officer Basin Secure approvals and award Seek…
Strategic Activity Mergers and Acquisitions Distressed junior companies due to tight capital markets exacerbated by drop in oil price Mosman has identified and researched potential transactions to secure cash flow First move…
MEO Australia Snapshot ASX Code MEO Market AUD 9.8 m Capitalisation Share Price AUD 0.014 Project cash at AUD 6.5 m 31 March 750.5 m Shares on Issue 19 m Options & Share Rights Top 20 22% WA-454-P (Breakwater) WA-488-P (Beehive)…
Contact Details: John W Barr - Executive Chairman Andy Carroll - Technical Director Email: jwbarrmosmanoilandgas.com Email: acarrollmosmanoilandgas.com www.mosmanoilandgas.com
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Use of Funds Raise AUD 1.2M AUD 2.5M AUD 4M Cash March 1.2 1.2 1.2 TOTAL 2.4 3.7 5.2 Exploration 0.9 1.8 2.8 New Project 0.5 0.5 1.0 Administration 0.8 1.2 1.2 MEO 0.2 0.2 0.2 TOTAL 2.4 3.7 5.2 16
Company Overview Capital Structure Price Shares 2014 Event 000 Cents Millions March IPO 14 61.3 2.7 May Placing 18 3.5 0.6 June Placing 41 13 5.4 July Options 5 3.1 0.3 Sept Placing 38 6.2 2.4 Sep Trident 3.3 0 Dec…
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