Capital Raising Presentation June 2013 Not for release in the United States
KEY INDIVIDUALS Andy Bartlett, Chairman (from Feb 2013) Over 30 years of oil and gas industry experience 7 years at Standard Chartered Bank including roles as Global Head of Oil and Gas Project Finance and Global Head of Oil and Gas…
SUMMARY Near-term gas and liquids commercialisation opportunity in Cote dIvoire High impact exploration potential in Cote dIvoire and Ghana, with first spud in Ghana June 2013 Overview Refocused following appointment of Andy Bartlett…
RIALTO IN 2012 Certain planning and operational factors in 2012 did not lead to value creation for shareholders After taking over CI-202 in mid 2010, the Companys strategy was to fast track an integrated oil / gas development focused…
RIALTO IN 2013 Rialto is taking the necessary steps to ensure that shareholders interests are better protected: 1. Board changes: intended to ensure a stronger regime of checks and balances, with the following key appointments: i. Rob…
VITOL DEAL OVERVIEW In April 2013, Rialto announced a deal* with Vitol covering Ghana and CI-202: Transaction Overview 1. Cote dIvoire: Vitol to acquire 65% of the shares in Rialtos Block CI-202 operating subsidiary (Rialto CdI)…
ACCRA BLOCK OVERVIEW GHANA Signicant prospec&vity in an a6rac&ve block with near term drilling at modest net cost Key Facts Block: Oshore Accra ACCRA BLOCK RaUed by Parliament: March 2010 Gross Acreage: 2,000 sq km…
CI-202 OVERVIEW COTE DIVOIRE CI-202 PSC Cote dIvoire Development and Exploration Working Interest: 85% (*) Operator: Rialto CdI (**) Proven basin with five discovered, undeveloped oil and gas fields Multiple high-impact…
EXISTING DISCOVERIES & JOINT DEVELOPMENT POTENTIAL Existing discoveries offer the opportunity for a low-risk, near-term joint development scenario: 1. Gazelle EEA Hub Area: Gazelle has the potential to act as the hub of a joint…
REGIONAL DEVELOPMENT CONCEPT COTE DIVOIRE Mature Gas Market and Onshore Infrastructure Cote dIvoire has a mature power generation network and exports electricity from gas fired power stations Major new energy-intensive mining…
JOINT DEVELOPMENT ASSETS COTE DIVOIRE Joint Gas Development Concept Cte dIvoire The Joint Gas Development targets existing discovered resources with compelling compound economics Abidjan Core Phase 1 incorporates gas from…
Cote dIvoire Gas Market Power Genera&on Gas Fired Power Genera&on Cote dIvoire is a net exporter of electricity The current installed capacity of gas fired power plants in country is 900MW, with gas intake of up to 260 mmscf/d…
FUTURE COTE DIVOIRE EXPLORATION POTENTIAL A new understanding of CI-202 subsurface potenUal Single seamless dataset of 860km2 covers entire block for the first time First PSTM processed data represents a step change in data…
3D SEISMIC COMPARISON COTE DIVOIRE 2010 TRICON MERGED REPROCESSING (POOR) 2012 FAST TRACK PSDM Gazelle Gazelle Bubale Bubale Hippo Hippo Chouette Chouette Condor Arius Arius Condor Top Albian Top Albian Tricon 2012…
SELECTED PROSPECTIVE AREAS COTE DIVOIRE 1: GAZELLE-CONDOR 3: INCISED CANYONS Appraisal of Lower Appraisal of oil and gas Cenomanian gas-bearing bearing canyon fills at: reservoirs, initially Gazelle - Hippo - Bubale -…
THE OFFERING Oering and indicaUve Umetable Use of funds Offering structure The net proceeds of the Offering are intended to be used for: Offering of approximately 471.55 million Ordinary Shares to raise gross proceeds of…
CONCLUSION New management team, with near-term focus on shallow gas and liquids commercialisation High impact exploration block in Ghana mean prospective resources of 405 mmbbls net to RIA, with Starfish spudding June 2013 Cote…
APPENDIX 22
REGULATORY CONSIDERATIONS IN COTE DIVOIRE Rialto is currently in the Second Exploration Period of the PSC (signed in May 2006) that commenced on 10 May 2012 and ends on 9 November 2013; During that time, the Company is obliged to (1)…
REGULATORY CONSIDERATIONS IN COTE DIVOIRE The Exclusive Exploitation Authorisation (EEA) permit in respect of the Gazelle field was awarded to Rialto on 18 April 2012; The basis for the EEA was a Field Development Plan that was…
Gas Demand From Mining Projects Perseus Mining Ltd Endeavour Mining Randgold Mine: Sissinque Gold Mine: Agbaou Gold Mine: Tongon Gold Production start-up in First production Current Production of 2014 at 150,000 scheduled for…
COTE DIVOIRE: OVERVIEW Country History / Political Stability / Economy Democratic Party of Cte d'Ivoire under Daniel Kablan Duncan (Nov 2012) Stable and welcoming Government Investments through tax exemptions and legal protection…
GHANA: OVERVIEW Country History / Political Stability / Economy National Democratic Congress under John Dramani Mahama (July 2012) GDP in 2011 of 39 billion (CIA World Factbook) Upstream History Offered onshore and offshore…
PROSPECTS INVENTORY COTE DIVOIRE Unrisked Gross Mean Prospective Resources Risked Gross Mean Prospective Resources mmboe* mmboe* Top 5 independent prospects access 69% of the risked portfolio (*) Gas volume conversion: 6 Bcf…
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