AUSTRALIAN WORLDWIDE EXPLORATION A GROWTH STORY www.awexp.com.au November 2007
3 years of growing production 2.5 Tui Area Cliff Head M illio n b arrels o f O il E q u ivalen t 2.0 Casino BassGas Other (m m B O E ) 1.5 1.0 0.5 - Sep-05 Dec-05 Mar-06 Jun-06 Sep-06 Dec-06 Mar-07 Jun-07…
Share Price Grows 24% pa over 5 years 4.00 3.00 24% Annualised 2.00 1.00 - Jan-03 Jul-03 Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Footer in 14pt Arial www.awexp.com.au
September 2007 PEP 381202 PEP 38401 AWE 100% AWE 50% Operator Operator Paua Taranaki Basin Hoki Pohokura PEP 38482 Tane 1 AWE 50% Taranga 1 Operator Tasman Sea New Plymouth Witiora 1 Mangahewa Mckee PEP 38481 Kamiro…
Umuroa in New Plymouth www.awexp.com.au
NZ Prime Minister Helen Clark opens Tui www.awexp.com.au
Umuroa offloading first cargo www.awexp.com.au
BassGas www.awexp.com.au
Lang Lang www.awexp.com.au
Yolla www.awexp.com.au
Otway Basin www.awexp.com.au
Casino-3 production testing www.awexp.com.au
Perth Basin www.awexp.com.au
Cliff Head www.awexp.com.au
AWE A Growth Story 9.0 3.1 8.0 Million barrels of oil equivalent 7.0 6.0 5.0 Oil Appraisal Gas Commercialisation 4.0 Reserves 3.0 2.0 1.0 0.0 2004 2008 2012 2016 2020 2024 www.awexp.com.au
Summary Initial Growth Phase completed and in production Company entering another growth phase Balance Sheet remains strong Strong commitment to exploration Ongoing delivery of strong returns www.awexp.com.au
AUSTRALIAN WORLDWIDE EXPLORATION A Growth Story www.awexp.com.au November 2007