Skip to main content SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. | Shale Experts
Loading...
Pm

SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd.

Drillsearch Energy, Ltd. · Sep 10, 2010 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 1
    The Cooper Basins leading mid-tier Oil & Gas explorer Delivering Transformational Growth Investor Presentation September 2010
  2. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 2
    Drillsearch the story For investors Drillsearch represents ... Material Cooper Basin footprint Control of our own destiny Existing production Highly prospective portfolio Ready access to markets/infrastructure Huge…
  3. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 3
    Company Snapshot Strong Growth Pipeline 0.2 500.0m 0.18 450.0m 0.16 400.0m Weekly shares traded (m) 0.14 350.0m Share Price () 0.12 300.0m 0.1 250.0m 0.08 200.0m 0.06 150.0m 0.04 100.0m 0.02 50.0m 0 0.0m Sep-00…
  4. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 4
    Our past year Delivering on promises Implemented strategic plan Enhanced asset portfolio Built on internal capabilities Exploration success Booked significant uplift in Reserves & Resources 4
  5. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 5
    Why the Cooper Basin Reasons to invest Underexplored High exploration success rates Low cost / High profit Short cycle time to first cash flow Ready access to key services, contractors, infrastructure & end markets 5
  6. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 6
    How the Cooper Basin stacks up Deep / Remote / Offshore / Onshore 1000 Well cost - low Well cost - medium Well cost - high Browse Deep Water 100 Field size (MMBOE) Timor Sea Bass Gippsland 10 Carnarvon…
  7. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 7
    Our four businesses How we do it The Business Pipeline Core Assets The Business Make-up Greenfield exploration High profit oil targeting shallow oil pools New Oil Western Flank Oil Fairway Development of discovered but undeveloped…
  8. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 8
    Our management Brad Lingo Managing Director 25 years of Oil & Gas experience New Oil Mature Oil John Whaley Chief Commercial Officer 15 years Energy Sector experience Wet Gas & Unconventional Business leads Corporate David…
  9. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 9
    Our new oil business Major position in Western Flank Oil Fairway PEL 91 DLS (60%) / Beach (40%-operator) 22mmbbls (DLS Net) Total Mean Unrisked Prospective Resource Chiton-1 oil discovery in production Facilities to handle up to…
  10. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 10
    Our wet gas business DLS (100%) except Beach Farm-in Area (50%) 10 gas/condensate discoveries 4 discoveries declared commercial Gross 2P reserves of 5.5 MMBOE booked (DLS net 3.0 MMBOE) High liquids content = profitability…
  11. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 11
    Canunda Exciting New Liquids Discovery Delivering 2P Reserves of 2.6 MMBOE Major liquids discovery (62 API) 2P Liquids reserves alone = 1.2 MMbbls DLS share = 1.3 MMBOE / 600,000 bbls liquids Currently under extended production…
  12. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 12
    Our mature oil business Tintaburra Block DLS Core Oil Production 7.1 mmbbls 2P reserves (100% - 30 June 2010) Primary production asset 11 producing fields No drilling planned through 2011 Profitability improving Mature Oil…
  13. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 13
    Our unconventional business Western Cooper Unconventional Deep Coal Seam Gas BPT Encounter-1 well Large positions in 2 resource plays Tight gas, deep CSG, shale gas & significant tight oil potential Western Cooper Deep…
  14. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 14
    Our forward program G&G 3D Explore Develop Produce Work Seismic Wells New Oil Cooper PEL-91 PEL-91 Chiton Chiton PPL-212 Kiana Kiana Cooper PEL-107 PEL-106 Brownlow / Canunda Brownlow / Canunda Gas Wet Eromanga SW…
  15. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 15
    Delivering results new discoveries & reserves growth Re-invigorated Company growth 185% Yr-on-Yr 2P reserve growth 60% Yr-on-Yr 2P liquids reserve growth Strong focus on high profit oil Focus on core Cooper Basin reserves Growth…
  16. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 16
    Delivering results Combined Reserve & Resources Gas Oil
  17. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 17
    Transactional growth Innamincka (INP) merger INP to merge with DLS via a scheme of Proposal arrangement 2.5 Drillsearch shares for each Innamincka Offer Terms share Unanimously recommended by INP board in Other the absence…
  18. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 18
    Innamincka Merger The Strategic Rationale Material uplift in Reserves & Resources Enhanced scale Increases Cooper footprint & diversification Expanded position in Western Flank Oil Unconventional resource Opportunity to unlock…
  19. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 19
    Innamincka Merger The Post Merger Footprint 19
  20. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 20
    Innamincka Merger A fair price Strategic focus Commitment to the Cooper on the Cooper Existing strategy applicable to INP assets Assets Understanding History of INP Potential Complimentary assets & skills set Synergies…
  21. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 21
    Innamincka Merger Timetable 8 September 2010 Announcement 19 October 2010 Scheme booklet lodged with ASIC First Court Hearing Date to approve scheme 5 November 2010 documentation and convene Scheme Meeting Scheme documentation…
  22. SEPTEMBER 2010 INVESTOR PRESENTATION – Drillsearch Energy, Ltd. – slide 22
    Our key messages Focus on high People, Projects & Plan value, high Unique acreage position profit liquids in the near term Organic Growth High profit New Oil Wet Gas & Liquids Development Emerging Unconventional Gas…

From the store

Browse maps, data & reports in the Shale Experts store