Key features ASX 300 Exploration and Market cap of 142 million (1) production company Strong, stable register with 67% institutional and corporate shareholders High margin production Cooper Basin western flank oil production assets…
Re-oriented to Australia particularly Eastern Australia Cooper Energy established 2002 Immediate success with Sellicks oil discovery in western flank of Cooper Basin 2003- 2011 Profitable production from Cooper Basin International…
Company snapshot COE Share Price Capital structure financial year to date 0.65 Share price 0.355 - 0.635 range,12 months to 19 June 2013 0.60 Shares on issue 329.0 mill 0.55 Market capitalisation 141.5 mill 0.50 43cts on 19 June…
Our strategy and business Investor Pack Leveraging strengths for TSR 20 June 2013 6
Australia focus dominates Cooper Basin western flank oil gas potential Otway Basin conventional and unconventional oil and gas plays Gippsland Basin gas resources Opportunities reviewing and screening grow foundation assets plus…
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: 1,500 to 2,000 bopd (net) Very high margins Significant remaining potential 2012/13…
Cooper Basin PEL 92 (COE 25%) Production record production in FY12 new pipeline commenced Dec. 2012 production building over 2H FY13 Significant remaining potential current EUR 15 mill bbls (gross) further growth from exploration…
Oil production - historical and 2012/13 forecast FY13 Production by quarter FY13 Production forecast and prior periods (average BOPD) (kbbls, financial year) 2,000 600 1,800 FY13 production 500 Full year 1,600 range: forecast:…
Otway Basin (COE 20 65%) Proven basin for conventional plays Liquids-prone Jurassic source rocks Close to infrastructure Close to oil and gas markets COE strong regional position Potential GIP 17-58 TCF COE share 27%…
Casterton Formation unconventional oil and gas Late Jurassic - early Cretaceous rift fill lacustrine/fluvial rift fill sediments shale with some sands, coals and tuffs penetrated in 10 wells deepest penetration 2,500m Key source…
Otway Basin Casterton shale Casterton Formation Core 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…
Gippsland Basin a proven basin 19.9% interest in Bass Strait Oil Company (BAS) COE providing technical and commercial support BAS assets include 5 offshore Gippsland Basin permits Moby, Judith and Patricia gas discoveries…
Strategy implementation international assets How to unlock best value for Cooper Energy shareholders right investment market ownership management Factors influencing include: capital risk fit with core competencies Pursue best…
Tunisia Divestment post Hammamet West-3 announced greater value for Africa focused player Cooper Energy leveraging strengths Many attractive features 3 contiguous permits, 12,600 km2 extensive prospects and leads undeveloped…
Hammamet West-3 (COE 30%) Hammamet West-3 currently drilling fractured carbonate very large structure proven oil charge adjacent field produces same reservoir primary objectives to test oil productivity from horizontal…
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) currently 200 bopd (gross) Tangai workover success expected to add production sustained production test yet to be completed contractor share 15% oil /…
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 for best TSR…