UBS Australian Resources UBS Australian Resources, Energy & Utilities Conference Delivering on a Focused Strategy 14 June 2012
Investment Proposition 2 UBS Australian Resources Active EXPLORATION program Growing OIL production First WET GAS production Huge UNCONVENTIONAL gas resource potential FULLY FUNDED work program Delivering GROWTH in…
What we have delivered Q3 FY 2012 3 UBS Australian Resources
Drillsearch Snapshot 4 UBS Australian Resources Cooper Basin focus Key Data Share Price (13 June 2012) 1.20 Significant acreage position Shares on Issue 337M Operator with high JV interests Market Cap 405M Oil producer with…
Three Growth Platforms 5 UBS Australian Resources Unconventional Wet Gas WET GAS OIL Oil Short, medium and long-term growth opportunities Short, medium and long-term growth opportunities
Changing Landscape for the Cooper Basin 6 UBS Australian Resources Market factors fostering a Cooper Basin renaissance. . . LNG demand has transformed markets Oil-linked pricing improves commerciality CSG ramp up complexity is…
Cooper Basin Play Fairways by Business Unit 7 UBS Australian Resources UNCONVENTIONAL WET GAS OIL Short, medium and long-term growth opportunities
Comparative Cooper Basin Acreage Holdings 8 UBS Australian Resources
Reserve Growth 9 UBS Australian Resources YTD Financial Year 2012: 2P Reserves of 11.3 mmboe 33% uplift in total 2P Reserves 60% uplift in 2P liquids Reserves Reserves 58% weighted to liquids New oil discoveries driving…
Delivering Production A Forward Look 10 UBS Australian Resources Financial year 2012 production forecast of 320,000 bbls Production guidance already surpassed as at 31 May 2012 Increase driven by development of new oil…
Delivering Production Growth A Forward Look 11 UBS Australian Resources Current Period Note: See slide 26 for explanatory note
Oil Business 12 UBS Australian Resources Key Data Production FY11 330 BOPD Reserves (2P) 3.7 mmbbls Contingent 2.7 mmbbls Resources (2C) Unrisked Western Flank = 15.8 mmbbls Prospective Resources (Best) Inland Fairway =…
Western Flank Oil Fairway - Exploration and development 13 UBS Australian Resources Highlights DLS interest 60% Highly prospective - multiple plays & prospects (90+) Initial production facilities completed Production commenced…
Inland Cook Oil Fairway - Exploration 14 UBS Australian Resources Highlights DLS interest 66-100% Large operated position covering 10,264km2 (gross) North-eastern extension of Western Flank Oil Fairway Initial prospects and…
Wet Gas Business 15 UBS Australian Resources Key Data Raw Gas 25mmcf /d (gross) Production Liquids 1,200+ BOPD (gross) Reserves (2P) 7.6 mmboe Contingent 3.4 mmboe Resources (2C) Unrisked Prospective 41.0 mmboe Resources…
Wet Gas Exploration and Development 16 UBS Australian Resources Highlights DLS interest 50-100% Liquids-rich = 40 to 200+ bbls/mmscf raw gas Initial production commenced January 2012 Interruptible supply to Santos operated…
Unconventional Business 17 UBS Australian Resources Key Data Production Nil Reserves (2P) Nil Contingent Under evaluation Resources (2C) Unrisked Deep CSG = 8-17 TCF Prospective Shale Gas = Under evaluation Resources…
Central Cooper Unconventional 18 UBS Australian Resources
Central Cooper Unconventional Work Program 19 UBS Australian Resources Central Cooper Shale Nappamerri Trough (ATP 940P) Reprocessing of existing seismic Detailed shale core studies Near offset well mud log analysis ongoing…
Western & Southern Cooper Unconventional 20 UBS Australian Resources
Western & Southern Cooper Unconventional Work Program 21 UBS Australian Resources Western Cooper Shale Southern Cooper Shale Patchawarra Trough Wooloo Trough (PEL 106A and 513 Central) (PEL 513 South) Completed 1st stage Deep…
QGC Strategic Shale Gas Alliance - Implications 22 UBS Australian Resources Validates the potential of Cooper Basin unconventional Multiple gas commercialisation channels - domestic and export Access to expertise and technology…
Our next steps 23 UBS Australian Resources
What we have delivered Q3 FY 2012 24 UBS Australian Resources
Investment Proposition 25 UBS Australian Resources Active EXPLORATION program Growing OIL production First WET GAS production Huge UNCONVENTIONAL gas resource potential FULLY FUNDED work program Delivering GROWTH in…
Delivering Production Growth A Forward Look 26 UBS Australian Resources Current Period Note: The above graph illustrates the expected increase in the daily production rate capacity over 5 successive periods to provide an…
Loading...
