Oil production from Cooper Basin Western Flank High margin, strong cash 500,000+ barrels pa Cooper Basin oil with netback of A97/bbl1 after costs generating operations Fifth largest Australian onshore oil producer Cash and financial…
Total Shareholder Return and Health Safety Environment Community Strategy High margin oil Fundamentals focus: market, technical, cost & commercial Build gas supply & demand portfolio Leverage and grow strengths People Funding…
million unless otherwise indicated H1 14 H1 13 Production MMbbl 0.30 0.21 + 41% Sales volume MMbbl 0.29 0.21 + 37% Sales revenue 37.0 23.4 + 58% Net profit after tax 13.6 4.6 + 198 % Cash flow from operations 24.2 2.1 +1,034% Total…
Half year production Half year production by region kbbl six months to December kbbl six months to December 300 29 267 217 225 10 213 Indonesia 271 Cooper Basin 203 2009 2010 2011 2012 2013 2012 2013 Highest first half…
FY14 production forecast to increase by 10% - 18% 0.58 on FY13 to 0.52 0.54 0.49 Increased output from Cooper Basin and Indonesia 0.41 Guidance for production of 0.54 0.58 MMbbl 0.30 First half production of 0.30 MMbbl FY11…
Cooper Basin Market driven Basin focussed strategy Hammamet West resource Production: 0.5 MMbbl/a Cooper Basin Production growth Large prospective acreage (12,600 km2) High margin oil production Otway Basin Low risk value-add Attractive…
Oil production and exploration - current approximately 1,500 bopd (net) Exploration and development continues to add reserves - exploration and development replacing production - 2 new field discoveries from 6 wells in FY13 - Cooper…
kbbl First half Record half year production from Cooper Basin, up 34% Oil price of A128/bbl (FY14 first half average) Netback of A97/bbl after costs from FY14 first half 271 203 Completion of successful 4 well development program…
Focus on fundamentals cost curve and location determines development sequence technical and commercial robustness Cooper Basin gas potential Otway Basin conventional and unconventional close to infrastructure and markets Gippsland…
Strong position across Penola Trough Proven basin for conventional plays Close to markets and infrastructure Jurassic source rocks are gas prone with liquids potential 2 deep (approx 4,000m) wells drilled from January 2014…
22.9% interest in Bass Strait Oil Company (BAS) BAS assets include offshore Gippsland Basin permits Vic/P41,42, 68 - gas exploration potential along northern margin - sizeable prospects Range of development and market…
Sukananti KSO (COE 55%) currently 300 bopd (100% basis) multiple low risk opportunities with existing available infrastructure short pay-back periods contractor share: oil 15%; gas 20% (after tax) Sumbagsel PSC (COE 100%) shallow oil…
Sukananti KSO first half production up from 54 bopd to 158 bopd (COE share) due to successful workover initiative 2 workovers planned for second half FY14 development/appraisal drilling planned from mid 2014 targeting further…
3 contiguous permits, 12,600 km2 equivalent in size to the South Australian Cooper Basin Hammamet West oil discovery, a near term development opportunity Multiple prospects and emerging fractured carbonate play potential proved by…
Horizontal well confirmed pre-drill fracture reservoir model Production test unable to be completed Planning for ST-2 in second half CY14 to complete production test Independent contingent resource review being prepared mSS-…
Location License Operator March Qtr June Qtr PEL 92 Beach Energy 3 exploration wells Cooper Basin PEL 90, 100,110 Senex 3D Processing Dundinna 3D processing PPL 207 Senex Worrior-10 (Patchawarra appraisal well) PEL 494, PRL 32…
Australian oil: maintain and grow strong core business ongoing Cooper Basin western flank production low cost/high margin exploration and development to support growth and value add Australian gas: build near term supply for existing…
Cooper Energy will continue to be fundamentals-driven: - technical and commercial + care - capital-prudent management Record production and financial results for first half FY14 Full year production guidance re-affirmed Strong…