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INVESTOR PRESENTATION – 88 Energy Limited

88 Energy Limited · May 10, 2012 · 26 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
    Oil Barrel 10 May 2012
  2. INVESTOR PRESENTATION – 88 Energy Limited – slide 2
    Two potentially world class oil & gas exploration projects offering outstanding leverage to exploration success
  3. INVESTOR PRESENTATION – 88 Energy Limited – slide 3
    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…
  4. INVESTOR PRESENTATION – 88 Energy Limited – slide 4
    Company Overview KEY STATISTICS AS AT 30 APRIL 2012 ASX TPT, TPTOA, AIM TPET Total Ordinary Shares: 100,747,761 Total Listed Options: 44,199,645 Total Unlisted Options: 14,574,124 Number of Shareholders: 1,235 Top 20…
  5. INVESTOR PRESENTATION – 88 Energy Limited – slide 5
    Board and Management Mr Mark Ceglinski Executive Chairman Mr Ceglinski is an experienced corporate finance executive and company director. He has almost 25 years experience in the natural resources sector. Mr Ceglinski has held…
  6. INVESTOR PRESENTATION – 88 Energy Limited – slide 6
    Board and Management Mrs Margaret Hildick-Pytte Director of Exploration Mrs Hildick-Pytte has a strong geological background, both commercially and academically, including roles as Senior Geologist for INPEX and Senior Geologist and…
  7. INVESTOR PRESENTATION – 88 Energy Limited – slide 7
    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…
  8. INVESTOR PRESENTATION – 88 Energy Limited – slide 8
    Tarfaya Located in central offshore Morocco 8 permits covering 15,041 km, with water depth…
  9. INVESTOR PRESENTATION – 88 Energy Limited – slide 9
    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…
  10. INVESTOR PRESENTATION – 88 Energy Limited – slide 10
    Tarfaya Multiple Hydrocarbon Indicators Onshore oil shale mine Oil and gas seeps visible on seismic Oil stains and gas kicks on historical wells Cap Juby discovery *Diagram produced by the Company 12
  11. INVESTOR PRESENTATION – 88 Energy Limited – slide 11
    Tarfaya Jurassic Prospects Prospects In Place and Prospective Resources (MMbbls) Unrisked STOIIP Unrisked Recoverable Oil (MMbbls) (MMbbls) Prospect P90 P50 P10 P90 P50 P10 Trident 853 2,115 5,273 85 423 2,109 TMA 289 956 3,262…
  12. INVESTOR PRESENTATION – 88 Energy Limited – slide 12
    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…
  13. INVESTOR PRESENTATION – 88 Energy Limited – slide 13
    Tarfaya Cretaceous Prospects Lower Cretaceous Tan Tan intervals Apollo, Hermes and Hercules prospects Stacked sand units believed to have upwards of 25% porosity Hercules Hermes Numerous additional leads being matured to…
  14. INVESTOR PRESENTATION – 88 Energy Limited – slide 14
    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…
  15. INVESTOR PRESENTATION – 88 Energy Limited – slide 15
    WA-442-P, NT/P81 Overview 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 Oil…
  16. INVESTOR PRESENTATION – 88 Energy Limited – slide 16
    Turtle Barnet Existing Oil Discoveries 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 stem test Development…
  17. INVESTOR PRESENTATION – 88 Energy Limited – slide 17
    WA-442-P, NT/P81 Milligans Fan Oil Play Competent Persons Report completed on Milligans Fan oil by ISIS Petroleum Consultants. Significant oil potential confirmed in 14 identified leads, 8 of which are structural traps with 6 being…
  18. INVESTOR PRESENTATION – 88 Energy Limited – slide 18
    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. Nova Prospect Reservoir: Late Devonian - Early Carboniferous Bonaparte Fm WA-442-P…
  19. INVESTOR PRESENTATION – 88 Energy Limited – slide 19
    Super Nova Super Nova concept covers potential stacked gas sands within the Upper Devonian Company probablistic estimates of gas in place Super Nova Prospect similar to Nova Crest: 6085 metres Spill: 8200 metres Vertical relief:…
  20. INVESTOR PRESENTATION – 88 Energy Limited – slide 20
    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 targets in the Horizon Nova Horizon overlying Milligans Formation Nova Super…
  21. INVESTOR PRESENTATION – 88 Energy Limited – slide 21
    WA-442-P and NT/P81 Seismic Program Comprehensive regional and detailed 2D seismic coverage across WA-442-P and NT/81 WA-442-P NT/P81 9,200 km of 2D and 600 km2 of 3D both in and adjacent to WA-442-P & NT/P81 Tangiers has…
  22. INVESTOR PRESENTATION – 88 Energy Limited – slide 22
    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…
  23. INVESTOR PRESENTATION – 88 Energy Limited – slide 23
    Investment Summary Major equities in 2 world class opportunities Large portfolio of prospects and leads with diversity in: Geographically Oil and gas Play types Step change value events over the coming months and year High…
  24. INVESTOR PRESENTATION – 88 Energy Limited – slide 24
    Corporate Information Registered Office Share Registry Joint AIM Broker 14 Emerald Terrace West Perth WA 6005 ASX: Computershare Old Park Lane Capital Plc Investor Services Pty Ltd Joint AIM Broker Postal Address ASX: TPT, TPTOA Shore…
  25. INVESTOR PRESENTATION – 88 Energy Limited – slide 25
    Active exploration program - multiple drill ready targets with 4 wells and 2 seismic campaigns proposed 27
  26. INVESTOR PRESENTATION – 88 Energy Limited – slide 26

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