PJ 800 COE strategy initiated in 2012 Forecast east cost domestic demand Contracted 700 supply from: Built market understanding; buyer 600 relationships; cost curve positions; and Surat-Bowen 500 development timelines Bass 400 New…
Here and now The 3- 5 year vision Oil production 0.5 MMbbls+ Cooper Basin production focus Oil and gas production circa 4 Cash and financial assets of 80 million boe million1 Portfolio gas supplier to Franking credits of 39 million2…
COE share price Key figures Year to 30 June Share price range, 12 months to 30 June 0.35 - 0.585 0.60 Shares on issue 329.2 mill 0.55 Market capitalisation1 166.3 mill 0.50 Cash & investments2 79.7 mill 0.45 Debt Nil 0.40 FY14…
Total Shareholder Return and Health Safety Environment Community Strategy High margin oil Fundamentals focus: market, technical, cost & commercial Gas portfolio Leverage and grow strengths People Funding Assets Extensive…
FY14 Interim financial results Interim financial results Record half-year profit million unless otherwise indicated H1 14 H1 13 Driven by increased production and higher oil prices Sales volume MMbbl 0.29 0.21 + 37% Anticipate…
Strong oil business Developing gas business Indonesia growth Cooper Basin Western Flank, Indonesia Gippsland Basin, Otway Basin Oil and gas, South Sumatra Basin Oil production 0.5MMbbl pa (existing) Cost curve/market focussed…
Oil production and exploration - current approximately 1,370 bopd (net) - Rincon discovery online mid-June 14 Exploration and development continues to add reserves - new opportunities eg Patchawarra oil in PEL 93 Extensive seismic…
1,169 km2 in northern SA Cooper Basin Lightly explored region with extensive Dundinna 3D seismic survey 577 km2 Processing to be completed July 2014 5 well exploration program commencing September quarter 2014 Key plays are…
Market Market-driven approach Building customer relationships Pipeline transport expertise Cooper Basin Existing source of supply Extensive infrastructure Gippsland Basin Otway Basin Ideally located: close to markets and…
65% interest holder and Operator of BMG gas and liquids project Existing wells and gas-gathering infrastructure Economic enhancement options through adjacent fields & infrastructure Developing Business Case for optimum development…
Strong position across Penola Trough Proven basin for conventional plays Jurassic source rocks - gas prone with liquids potential Close to markets Close to infrastructure: SA-Vic pipeline Katnook gas plant Proven gas…
Jolly-1 Formation Drilled to a total depth 4,026 metres 78 metres of cores recovered in the Lower Sawpit and Casterton Upper Sawpit Sandstone Formations 340 metres of gas shows within sands of Lower Sawpit Bungaloo-1 Sawpit…
Prolific hydrocarbon region 285 discoveries - 3 billion bbl oil & 25 TCF gas Not rigorously explored with 3D Emerging Coal Bed Methane (CBM) & shale plays US8 - 10/GJ gas prices & market access Existing infrastructure Fit with…
Sukananti KSO (COE 55%) Currently 270 bopd (100% basis) Multiple low risk development opportunities 2-3 development wells planned for 2015 Targeting production growth Contractor share: oil 15%: gas 20%1 Sumbagsel PSC (COE 100%)…
3 permits covering 12,600 km2 Hammamet West oil discovery - gross contingent resource estimated to be 12.6 MMboe (1C) to 110.4 MMboe (3C)1 - oil development opportunity Multiple prospects Divestment plan Data room opened March…
Location License Operator Sept Qtr Dec Qtr March Qtr June Qtr 1 exploration well, 3 development wells in H1 PEL 92 Beach Reprocessing then 4 exploration wells;3D reprocessing Cooper PEL 90, 100,110 Senex 5 exploration wells PPL…
FY14 Record Results On track for record production and financial results Increased Resources Contingent resources to be boosted substantially with inclusion from BMG gas and liquids, Tunisia FY15 Turning hydrocarbon and financial…
Australian oil production Gas projects for supply from 2017-18 Indonesia: increased value and increased for base load earnings Gippsland basin contribution and cash flow Production growth from low risk Increased reserve life Otway basin…
Appendices
Solid ongoing production performance primarily from Callawonga, Butlers and Parsons Rincon brought online mid-June Drilling: - Shelly-1 exploration well spud early July 14 - 3 development wells scheduled for first half of FY15 -…
Worrior oil field discovered 2003, production commenced November 2003 6 exploration wells drilled, 2 discoveries (33%) Reserves primarily in McKinlay and Birkhead sandstones high productivity Additional potential identified in…
South Bungaloo-1 Sawpit-2 North Salamander-1 Jolly-1 Sawpit-1 Dilwyn Formation 500 metres Aquifer Eumeralla Formation 2000 metres Laira Formation 4000 metres Pretty Hill Formation Subsurface fault Casterton…
First half production up from 54 bopd to 158 bopd (COE share) due to successful workover initiative Sukananti completed as water injector/disposal well, triples existing capacity and facilitates extra oil production Tangai-3…
COE awarded permit April 2011 for a 6 year initial exploration term Acquired 257 km of 2D seismic Key play types are structural and carbonate reefs Typical prospect sizes 5-10 MMbbl oil CBM potential Forward plan complete new…
COE awarded permit May 2013 for a 6 year exploration initial term Key play types are structural and carbonate reefs Shallow oil prospect potential 5-10MMbbl Deep gas prospect potential 100 to 500Bcf CBM potential Forward plan…
David P. Maxwell Hector M. Gordon Managing Director Executive Director David Maxwell joined Cooper Energy in September 2011, with over 25 Hector Gordon is a highly experienced geologist with over 35 years experience in years experience as…
Website: cooperenergy.com.au Investor relations: Don Murchland +61 439 300932 donmcooperenergy.com.au Address: Cooper Energy Limited Level 10 Waymouth St Adelaide SA 5000 + 61 8 8100 4900
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