Company snapshot 160 Capital structure 150 Share price 140 Indexed Performance (%) 0.40 - 0.69 range,12 months to 1 March 2013 130 Shares on issue 329.0 mill 120 Market capitalisation 177.7 mill 54c on 1 March 2013 110 Cash,…
Our strategy and business INVESTOR PACK 6 March 2013 Leveraging strengths for TSR 4
Strategy implementation Australia gas Leverage strengths Breakeven gas cost v volume capability and experience cash and cash flow relationships F Assess market options Focus on lowest cost A/GJ E upstream and pipeline cost D…
Strategy implementation international assets How to unlock best value for Cooper Energy shareholders investment market ownership management Factors influencing include: capital risk fit with core competencies Pursue best return…
Delivered the changes March 2012 March 2013 One year ahead Strategy Focus on Implementing as planned Implementing fundamentals TSR leverage strengths Activities Monetise non-core Exited Romania and Poland (5) Australia growth Grow…
Australia focus Cooper, Otway and Gippsland Basins Cooper Basin Western flank oil Gas potential Otway Basin Conventional and unconventional oil and gas plays Gippsland Basin Gas resources Opportunities Reviewing and screening…
Cooper Basin (COE 19.16 30%) Discovered 5.4 mill bbls (net) to date Produced 3.6 mill bbls (net) to date Current oil production rate 1,450 to 1,500 bopd (net) Very high margins Significant remaining potential 2012/13 activity:…
Cooper Basin PEL 92 (COE 25%) Production record production in FY12 new pipeline commenced Dec 2012 5 new wells awaiting tie-in production expected to build in 2H FY13 development drilling & facilities upgrades planned for 2013…
Oil Production - historical and 2013 forecast 2013 Production by quarter 2013 Production forecast and prior periods (average BOPD) (Kbbls, financial year) FY 2013 guidance: 2,500 500 - 550 kbbls 600 Full year forecast: 2,000 500 500…
Otway Basin (COE 20 65%) Proven basin for conventional plays Liquids prone Jurassic source rocks Close to infrastructure Close to oil and gas markets Strong regional position INVESTOR PACK 6 March 2013 Key ingredients…
Casterton Formation unconventional oil and gas Late Jurassic- early Cretaceous rift fill lacustrine/fluvial rift fill sediments some sands, coals and tuffs penetrated in 10 wells deepest penetration 2,500m Key source rock for…
Tunisia Hammamet West-3 spud late March (COE 30%) fractured carbonate play very large structure proven oil charge adjacent field produces same reservoir shallow water / near shore competitive fiscal terms COE carried up to 27…
Indonesia increasing production and reserves South Sumatra Basin prolific hydrocarbon province Range of onshore opportunities to add value exploration & development shallow oil deep gas CSG shale plays Low technical risk…
South Sumatra Basin Sukananti KSO (COE 55%) ex Pertamina fields 50 bopd (gross) acquired 2010 currently 200 bopd (gross) work-over and drilling in 2013 potential 1 mill bbls (net to COE) contractor share 15% oil / 20% gas (after…
2013 Activity program 2013 Location Licence Operator COE Equity Comments / Total Mar Qtr Jun Qtr Sept Qtr Dec Qtr 6 well program starts March, Caseolus 3D starts PEL 92 Beach 25% February. Further drilling likely later in 2013…
Summary Made the changes head office moved, Chairman succession implemented, new team in place increased focus on Eastern Australia oil and gas & added good assets non-core assets exit or maximising value and monetising Production and…
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