Company Presentation: Natural Resources Forum 4 April 2014
The Investment Case for African Petroleum About Us Exploration Based Growth Why Today High Impact Exploration (5.2bn barrels Pioneers in frontier and emerging Attractive valuation in the market unrisked*) basins Diverse portfolio…
APCL Corporate Overview - 2014 Q1 2014 Licence Extensions in Liberia and Sierra Leone New Governance AUD 20m share placement March 2014 Seeking farm-in partners in all licences Potential listing on recognised European Exchange…
APCLs Board and Management 2013/14 - Board Re-organised, Majority Independent, New Corporate Governance Structure being implemented Charles Matthews, OBE: Chairman Board of Directors Over 10 years experience in chairman and…
African Petroleum Assets & Portfolio West African Transform Margin APCLs Operations 2014 Totals Countries 4 Licenses 8 Net Acreage 28,295km2 Sierra Working interest 81-100% Leone 434 Estimated Net 5.2 Bnbbls* Unrisked…
APCLs Portfolio Growth of Net Unrisked MMstb Cte dIvoire Future Material growth in number of licences and prospects since 2011 Senegal and Sierra Leone 2011 2014 Resources to be added post 3D Seismic Sierra Liberia Leone…
APCLs Net Acreage Position relative to other Major Operators in West Africa Sierra Leone Liberia Operated offshore acreage in km2 Operated offshore acreage in km2 Operators Operators Senegal Cte dIvoire Operated offshore acreage in…
Steps to Success: Entering a New Phase Exploration led strategy build a balanced portfolio, high impact prospects/ plays and new acreage capture. Focus on sustainable value growth and shareholder returns with rapid appraisal & early…
Strategic Focus The Way Forward Current 12 months Future 36 months Long Term 5 years Objective: Consolidate Position: Objective: Develop Our High- Objective: Commercialise & Expand* Proven Deep-water low cost Potential Assets Seek to…
Schematic Geological Concepts of the West African Transform Margin Key 12
Liberia LB-08&LB-09 - Capturing Huge Potential 100% Working Interest in both Blocks B Seismic line 5 discoveries in the Liberia Sierra Leone Basin APCL Narina-1 discovery in 2012, 32 m net pay 14 key prospects generating…
Sierra Leone SL-03 and SL-4A-10 New 3D seismic acquisition over SL-04A-10 Seismic Line B planned. Multiple stacked dip-closed intervals. On trend with oil discoveries 3 of 4 deep-water wells drilled to date in SL by other operators…
Cte dIvoire CI-509 and CI-513 High quality 3D seismic acquired on a proprietary basis PSDM will be delivered in March 2014 Commercial size primary prospects Amplitude support for hydrocarbons possible . Well calibration of 3D seismic…
Senegal ROP and SOSP High potential frontier exploration area Industry drilling activity on trend in 2014 (Mauritania, Senegal, FAR AGC) Example shown is CoP. Cairn/Far drilling Q1/Q2 2014 Multiple plays -Cretaceous deep-water fan…
Poised to Recommence Drilling Initial Refinancing Value Growth through Partnering and Drilling Program Execution Private Placement Value Initial Partnering Drilling Drilling Program Execution Public Listing on new exchange Refinancing…
Corporate Social Responsibility, examples in action Sightsavers Gbowee Peace Foundation University of Liberia Student Sponsorship Computer Lab APCL sponsored trainees Worked with Nobel G&G scholarship, will deliver preventative…
ENTERING A NEW PHASE: Primed for Growth Volume Operating New Wave of Value Potential Environment Exploration 5.2 billion barrels Strong industry We are seeking 16 exploration and net un-risked mean exploration track partners to…
Appendix: Blue Chip Shareholder Base Australia Walker Crips Stockbrokers Knighthead Capital Mgt Colonial First State WMG Capital Lighthouse Partners UK Marquest Asset Mgt Europe Perella Weinberg Partners Amiya Capital Bank Julius…
APC Net Acreage Equivalent to 60 North Sea Blocks 21