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INVESTOR PRESENTATION – 88 Energy Limited

88 Energy Limited · Aug 21, 2012 · 30 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. INVESTOR PRESENTATION – 88 Energy Limited – slide 1
    Investor Presentation August 2012
  2. INVESTOR PRESENTATION – 88 Energy Limited – slide 2
    Investment Highlights Two potentially world class oil and gas projects containing a portfolio of more than 13 prospects and 20 leads Geographical spread in Morocco and Australia and a broad range of play types Significant equities…
  3. INVESTOR PRESENTATION – 88 Energy Limited – slide 3
    Company Overview KEY STATISTICS AS AT 16 AUGUST 2012 ASX TPT, TPTOA, AIM TPET Total Ordinary Shares: 103,162,094 Total Listed Options: 44,149,645 Total Unlisted Options: 15,574,124 Number of Shareholders: 1,246 Top 20…
  4. INVESTOR PRESENTATION – 88 Energy Limited – slide 4
    Board and Management Mr Mark Ceglinski - Executive Chairman Mrs Margaret Hildick-Pytte - Director of Exploration Mr Ceglinski is an experienced corporate finance Mrs Hildick-Pytte has a strong geological background, executive and…
  5. INVESTOR PRESENTATION – 88 Energy Limited – slide 5
    Morocco A Highly Attractive Investment Destination Morocco is a net importer of both oil and gas Morocco pays parity price for oil Morocco encourages foreign investment and has favourable fiscal terms An Under-explored Past 36…
  6. INVESTOR PRESENTATION – 88 Energy Limited – slide 6
    Morocco Tarfaya Located in east Atlantic Margin offshore northwest Morocco 8 permits covering 15,041 km, with water depth…
  7. INVESTOR PRESENTATION – 88 Energy Limited – slide 7
    Tarfaya Regional Stratigraphy and Play Types Contains all elements necessary for successful exploration program (source, trap, seal, migration, reservoir) Working petroleum system seen throughout permit, oil seeps and onshore oil…
  8. INVESTOR PRESENTATION – 88 Energy Limited – slide 8
    Tarfaya Multiple Hydrocarbon Indicators Onshore Cretaceous oil shale mine (lower left and centre photo) Prolific Upper Cretaceous oil shale present in entire block Oil stains and gas kicks in historical wells Jurassic oil stain in…
  9. INVESTOR PRESENTATION – 88 Energy Limited – slide 9
    Tarfaya Jurassic Prospects Prospects In Place and Prospective Resources (MMbbls) * Unrisked Unrisked STOIIP Recoverable Oil (MMbbls) (MMbbls) Prospect P50 P10 P50 P10 Trident 2,115 5,273 423 2,109 TMA 956 3,262 191 1,305…
  10. INVESTOR PRESENTATION – 88 Energy Limited – slide 10
    Tarfaya Top Jurassic - Zeus Prospects The Zeus and Little Zeus prospects are gentle domal structures inboard of the platform edge Fractured dolomite reservoir Zeus mapped closure 1030 square kilometres 6 additional prospects…
  11. INVESTOR PRESENTATION – 88 Energy Limited – slide 11
    Tarfaya Upper Jurassic - Assaka Upper Jurassic Kimmeridgian-5 Horizon Fore reef and reef core underneath Assaka horizon 4-way dip closure with areal extent of 132-302 km2 Target Depth 2700-2800m No wells penetrate prospect 13
  12. INVESTOR PRESENTATION – 88 Energy Limited – slide 12
    Tarfaya Middle Jurassic - Trident Prospect Middle Jurassic Bathonian-5 Horizon Reef or grainstone shoals 4-way dip closure with areal extent of 293-704 km2 Target Depth 3000-3600m MO-4 outside of P50 closure area 14
  13. INVESTOR PRESENTATION – 88 Energy Limited – slide 13
    Tarfaya Lower Jurassic - TMA Prospect Lower Jurassic Toarcian-7 Horizon Reef Core directly underneath Assaka 4-way dip closure with areal extent of 135-794 km2 Target Depth 3900-4600m No wells penetrate prospect 15
  14. INVESTOR PRESENTATION – 88 Energy Limited – slide 14
    Tarfaya Jurassic La Dam Prospect 3 Reservoirs, Upper, Middle and Lower Jurassic Structure and stratigraphic traps, areal extent of 8-69 km2 Target Depth 3000-5500m No wells penetrate prospect 16
  15. INVESTOR PRESENTATION – 88 Energy Limited – slide 15
    Tarfaya Cretaceous Leads Lower Cretaceous Tan Tan intervals Apollo, Hermes and Hercules prospects Stacked sand units believed to have upwards of 25% porosity Numerous additional leads being matured to prospects Majority of Tarfaya…
  16. INVESTOR PRESENTATION – 88 Energy Limited – slide 16
    Tarfaya Extensive Seismic Database Extensive seismic data coverage to mature prospects and leads into drillsite opportunities 19,494 line Km of existing 2D seismic (2,828 Km of this reprocessed in 2011) 580 Km2 of 2006 vintage…
  17. INVESTOR PRESENTATION – 88 Energy Limited – slide 17
    Australia Assets TPT operates 90% WI WA-442-P and NT/P81 Exploration Permits 250 km southwest of Darwin LNG hub-multiple drill ready prospects TPT operates 100% NT/P83 North of Bathurst Island/ Coburn Peninsula new block…
  18. INVESTOR PRESENTATION – 88 Energy Limited – slide 18
    Australia WA-442-P, NT/P81 Strategically located in the Southern Bonaparte Basin offshore Australia, 250 km southwest of Darwin. The Northern Australian gas and LNG hub. TPT operates with 90% WI and 3 key plays Turtle / Barnett…
  19. INVESTOR PRESENTATION – 88 Energy Limited – slide 19
    Australia WA-442-P, NT/P81 Turtle-Barnett Turtle and Barnett oil fields discovered in 1984/85 and appraised in 1989 Multiple oil bearing reservoirs intersected on the Turtle Barnett structures Produced 750-920 BOPD (38 API) on drill…
  20. INVESTOR PRESENTATION – 88 Energy Limited – slide 20
    WA-442-P, NT/P81 Milligans Fan Oil Play Competent Persons Report completed on Milligans Fan oil by ISIS Petroleum Consultants. 14 identified leads, 8 structural traps and 6 combination structural/ stratigraphic in nature. The…
  21. INVESTOR PRESENTATION – 88 Energy Limited – slide 21
    WA-442-P NT/P81 Nova Prospect Mean gross undiscovered unrisked gas initially in place of 6.93 TCF with an mean unrisked gross prospective gas resource of 3.46 TCF. Reservoir: Late Devonian - Early Carboniferous Bonaparte Fm…
  22. INVESTOR PRESENTATION – 88 Energy Limited – slide 22
    WA-442-P NT/P81 Super Nova Prospect Super Nova concept covers potential stacked gas sands within the Upper Devonian Company probabilistic estimates of gas in place similar to Nova Crest: 6085 metres Spill: 8200 metres Vertical…
  23. INVESTOR PRESENTATION – 88 Energy Limited – slide 23
    WA-442-P NT/P81 Nova -1 Drilling Concept Nova-1 A drilling location for Nova-1 can be found to test the Nova prospect and evaluate multiple Milligans Fm Horizon targets in the Nova Horizon overlying Milligans Formation…
  24. INVESTOR PRESENTATION – 88 Energy Limited – slide 24
    WA-442-P and NT/P81 Seismic Program Comprehensive regional and detailed 2D seismic coverage across WA-442-P and NT/81 9,200 km of 2D and 600 km2 of 3D both in and adjacent to WA-442-P & NT/P81 Tangiers has reprocessed 3,126…
  25. INVESTOR PRESENTATION – 88 Energy Limited – slide 25
    Australia NT/P83 Tangiers won NT/P 83 Exploration Permit in August, 2012 Prospectivity is in Palaeozoic to Mesozoic sediments Water depth is less than 200m Acreage is surrounded by wells with oil and gas shows Large Evans Shoals…
  26. INVESTOR PRESENTATION – 88 Energy Limited – slide 26
    Australia ATP 587 P Tangiers operated, 100% equity 12 blocks totalling 946 Km2 Cooper-Eromanga Basin-Proven petroleum system in Jurassic and Devonian Four ready to drill prospects with combined in place volumes of 27.9 MMbbl oil;…
  27. INVESTOR PRESENTATION – 88 Energy Limited – slide 27
    Proposed Activities Future Planned Activities Morocco Finalise Tarfaya Seismic processing Plan well campaigns Volumes of Zeus / Little Zeus Map 6 new top Jurassic prospects Mapping of Cretaceous prospects Possible 3D acquisition…
  28. INVESTOR PRESENTATION – 88 Energy Limited – slide 28
    Investment Summary Major equities in 2 world class opportunities Large portfolio of prospects and leads with diversity in: Geographically Oil and gas Play types Additional 15,000 square kilometre block to be explored-NT/P83…
  29. INVESTOR PRESENTATION – 88 Energy Limited – slide 29
    Corporate Information Registered Office Share Registry Joint AIM Broker Level 6, 5 Mill Street, Perth WA 6850 ASX: Computershare Old Park Lane Capital Plc Investor Services Pty Ltd Joint AIM Broker Postal Address ASX: TPT, TPTOA Shore…
  30. INVESTOR PRESENTATION – 88 Energy Limited – slide 30

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