INVESTOR PRESENTATION FULL CYCLE OIL COMPANY APRIL 2013
These presentation materials (the Presentation Materials) are being solely issued to and directed at persons having professional experience in matters relating to investments and who are investment professionals as specified in Article…
An AIM quoted full cycle exploration and production company The portfolio includes: Exploration and appraisal in Guyane, Italy and The Netherlands Development opportunities in The Netherlands, Canada and Italy Production in The…
Production, development and exploration activities are taking place in The Netherlands and UK (production), Canada and The Netherlands (development), and exploration in Italy, French Guiana, UK and The Netherlands The Company manages…
Opportunity to realise Requirement for value for Shareholders CASH new equity is kept reviewed at each phase low. of the cycle. PRODUCTION ACQUIRE TRADE FARM OUT DEVELOPMENT EXPLORATION TRADE Slide 4
Canada 9300 acres acquired for less than Italy Un-risked mean prospective CD1 million resource of 790 mmbls on the 11 workover wells identified Cygnus prospect 1,000,000 barrels of extra production 3D programme on Cygnus, Corvus,…
North West Alberta Initial acquisition of 9300 acres for under CD1 million Target production rate 500-1000 bopd from over 1 million barrels extra oil recovery from original 36 million barrels in place Small scale operations to…
Focus area: Southern Adriatic Farmout process in progress Acquisition of 3D seismic programme and drilling of an exploration well Environmental impact assessment for exploration well in progress Cygnus prospect Newly obtained Eni…
Producing gas fields (800-900 boepd) Brakel Geesbrug Grolloo Waalwijk Wijk en Aalburg P12 (tariff in lieu) Geesbrug Additional development wells Papekop & Fields to be Ottoland developed Drenthe III & Exploration wells…
Rock characteristics compare very favourably with US analogues: Eagle Ford Utica Shale NuTech Energy Alliance report concludes: Good TOC Good porosity Good permeability Gross resources of oil potential of 20-30 billion barrels oil…
Trade to realise value Good area which is reflected in the approaches from potential purchasers Extensive negotiations held with interested parties after completion of technical analysis Indicative offers discussions to be resolved by…
Background Zaedyus-1 drilled in 2011 Prospective new oil province of multiple fan systems Plans scheduled Four well drilling programme underway N.B: Offer by Total for Wessex in 2012 implied a value of around 90m for Northerns…
Northern Petroleum Plc Tel:+44(0)20 7469 2900 Derek Musgrove, Managing Director Keith Bush, Chief Operating Officer Graham Heard, Exploration & Technical Director Nick Morgan, Finance Director Westhouse Securities(NOMAD and Broker)…
Loading...
