Presentation to Noosa Mining & Exploration Conference David Maxwell Managing Director Cooper Energy Limited 19 July 2013
Capital Structure COE Share price rolling 12 month Share price 0.355 - 0.69 range, 12 months to 17 July 2013 Shares on issue 329.0 mill Market capitalisation 154.7 mill 47 cents on 17 July 2013 Cash, term deposits and 71.7 mill…
2002 2004 - 2010 2011 Today Focus on TSR(1), Australia Listed ASX 2002 Growing, profitable Board strategy review and leveraging expertise Cooper Basin oil Cooper Basin focus Some shareholders Growing production & business agitate…
Total Shareholder Return and Health Safety Environment Community Strategy High margin oil Fundamentals focus: market, technical, cost & commercial Build gas supply & demand portfolio Leverage and grow strengths People Funding…
Cooper Basin western flank oil gas potential Otway Basin conventional and unconventional oil and gas plays Gippsland Basin gas opportunities Opportunities reviewing and screening growing foundation assets plus 1 or 2 game-changers…
Oil production and exploration - low cost & high margin - current approximately 1,500 bopd (net) Discovered 5.4 mill bbls (net) to date (1) Produced 3.6 mill bbls (net) to date (1) Production expect to increase in FY14 3D seismic…
Proven basin for conventional plays Liquids prone Jurassic source rocks Close to markets & infrastructure Cooper Energy has strong regional position Sawpit-2 confirmed hydrocarbon generation potential Further drilling, seismic…
56 metres of core in Casterton and Sawpit shales from Sawpit-2 Core analysis conducted to determine source rock potential and fracability Results to date confirm potential of deep Casterton shales Expect to assess further with…
Agreements (1) for COE to farm-in to Vic/P41 and Vic/P68 - contain sizeable gas prospects 19.9% interest in Bass Strait Oil Company (BAS) BAS assets include 5 offshore Gippsland Basin permits - gas exploration potential along…
Many attractive features 3 contiguous permits, 12,600 km2 extensive prospects and leads undeveloped resources nearby producing oil and gas fields competitive fiscal terms Hammamet West-3 now drilling (COE 30%) target to confirm…
Hammamet West-3 awaiting testing fractured limestone large structure test oil productivity using a horizontal well-bore nearby fields produce from same reservoir indications of hydrocarbon bearing open fractures Testing soon…
Building our strong foundation oil business + developing gas business with a TSR(1) focus FY14 production guidance and exploration program to be released on 25 July- with Quarterly Report Capital expenditure forecast features a…
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