WHY THE NORTHERN PERTH BASIN Right Time & Right Place Norwest Energy Investor Presentation January 2015 1
Corporate Overview Share Price Performance Capital Structure As at 23 January 2015 (undiluted) Major Shareholders Share price 0.005 David Kennedy 3.4 % Ordinary Shares (ASX:NWE) 1,105.1 million Market Capitalisation 5.525…
Norwest Board & Management Board Senior Management Michael Fry, Non-Executive Chairman John Annand, General Manager Corporate & Commercial Extensive experience in capital markets and corporate treasury, specialising in risk Chartered…
Why the Northern Perth Basin Forecast Medium to Long-Term Average New 1 Proven hydrocarbon province with multiple Contract Gas Prices (Real) for Domestic Market producing oil and gas fields 2014-2023 2 Since 1990 the 50-plus…
Northern Perth Basin Activity Map - 2015 AWE / Origin AWEs Waitsia gas discovery has opened a new play in the northern Perth Basin. Reported by AWE as potentially the largest discovery in the northern Perth Basin since 1960s,…
Why Norwest Energy High equity positions on prime acreage in the Basin within the proven hydrocarbon fairway Leader and active participant in northern Perth Basin explorers and operators Strong reputation and credentials for…
Forward Program & Outlook Forward Program Permit Interest Activity Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 TP/15 100% Farm out Drill Xanadu -1 EP413 27.945% Acquire and Process 3D Seismic Drill Arrowsmith-3 horizontal well Testing of…
Norwest Projects 9 9
EP413 Arrowsmith Field ranked as a Discovery after independent evaluation by DeGolyer and MacNaughton Arrowsmith-2 evaluation program completed in 2014 - two separate intervals being high-graded for potential development; the…
Arrowsmith Pathway to Commercialisation Pilot Production Resource Proof of Pre Pilot Field Identification Concept Development Extensive evaluation of Drill Arrowsmith-2 Test Arrowsmith-2 Wider field evaluation existing data of…
TP/15 Norwest 100% TP/15 contains conventional oil plays within a Dunnart oil discovery proven hydrocarbon fairway, with primary prospect Xanadu having an un-risked prospective recoverable resource of 160mmbbls (best estimate,…
TP/15 Main Prospect Xanadu Xanadu - The only large oil play to be drilled in the To-scale image 8 times the size of Hovea northern Perth basin in the near future Same play as Hovea/Eremia and Cliff Head Horst Structure with north-south…
Xanadu-1 Drilling Program Development Concept W E Expected timing to drill late 2015 fast- track to potential discovery Estimated cost of well A8-10m Farm-out expected to free carry Norwest through drilling Proposed onshore…
SPA-016 AO/ EP492 SPA-016 AO ( Norwest 100%) Recently acquired from Finder Exploration covering 805km2 Reprocessed and merged over 2500km2 of AGG (Airborne Gravity Gradiometry) over SPA and adjoining tenure, identifying a number…
EP368/426 Close Proximity To Waitsia Discovery Operator (Empire Oil & Gas) to determine the extent of the prospective fairway into EP368 A number of other prospective trends in EP368 are being pursued including North Erregulla…
UK Blocks, Wessex Basin, southern England Norwest 65% Recently announced the provisional award of these three blocks, which lie immediately to the east of producing Wytch Farm oil field Wytch Farm Near-coastal conventional oil…
Permit Summary Permit Location Type of Permit Area (100%) Norwest % NORTHERN PERTH BASIN EP368 Perth Basin, WA Onshore 600.3 km2 20% EP426 Perth Basin, WA Onshore 2360.0 km2 22.22% EP413 Perth Basin, WA Onshore 508.3 km2…
Why the Northern Perth Basin Right Time & Right Place The Renaissance of the northern Perth Basin 19
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