RIGHT COMPANY RIGHT TIME RIGHT PLACE June 2015 A New Approach to Asian Energy
Important notice and disclaimer (cont.) Reserves & Resources, 1 Jan 2015 Gas/Associated Gas (bcf) Oil/Condensate (mmbbl) Method (Recoverable, net to Lion)1 Reserves 1P 2P 3P 1P 2P 3P Total Reserves (Seram) 0.119 0.173 0.241…
Lions positioning Conventional cashflow in Indonesia Skills, strategy and unique ability to execute Unconventional Local knowledge, upside relationships and skills A New Approach to Asian Energy www.lionenergy.com.au June…
Lions unique value proposition Linked conventional and unconventional growth model Strong growth driven management team Strategy for success in untapped Indonesian shales and tight sands Superior local knowledge and contacts First…
6 Key Guiding Principals We seek 1. Heartland positions in 4. Low risk conventional assets, world-class basins near term production potential 2. High working interest positions, 5. Large upside, first mover operatorship…
What we are now Summary Capital structure Shares on issue: 96m Market cap 15c: A14.4 million Cash: A5.2mil (31/3/2015) Revenue: A2 million pa Major shareholders: Risco Energy Investments (54.7%) Tower Energy (6.6%) Management (13.5%)…
Who we are Well rounded team, proven track records Exploration geologist, 28 years of 35+ years experience in oil and gas international experience including a strong Founder of Oilserv Australia Ltd, providing SE Asian focus drilling,…
World-class expertise Pre-eminent panel of industry advisors, wide-ranging skill set Mr Roger Whyte Principal Advisor Dr Andrew Cullen Technical Advisor Geophysicist with extensive SE Asia exposure, Co-founder of KRX Petroleum…
Indonesias investment rationale A unique opportunity in SE Asia Worlds fourth-largest population Indonesian oil and gas supply/demand (250mil) Fast-growing economy (GDP 6%pa) with oil and gas demand growing at 5%pa Declining…
Strategic focus Linked conventional/unconventional approach Focus on Sumatra: prospective geology, infrastructure and markets Using synergies in conventional exploration to understand our unconventional potential Cost…
Delivering on our promises Major discovery, Seram production boost, unconventional joint studies Lofin-2 success, material discovery for Lion Strong production from Oseil field 3400 bopd (85 bopd net) Further development approval,…
Seram (Non-Bula) PSC Seram PSC processing, storage facilities and marine export terminal A New Approach to Asian Energy www.lionenergy.com.au June 2015 13
Seram (Non-Bula) PSC Overview Block continues to exceed expectations 2.5% interest - CITIC (operator), Kufpec Exciting results on Lofin-2 appraisal well and Gulf Petroleum as co-venturers Continuing positive production and Annual…
Lofin-2 Success Material gas discovery for Lion, up to hydrocarbon1300m column Appraisal of Lofin discovery: 15.7mmscfpd Wireline pressure testing indicates at least gas and 171 bpd of 36.1 API condensate 1106m gas column, with up to…
Oseil Field Excellent production and development drilling results Production now exceeds 3400 bopd (85 bopd net to Lion) 2014 Oseil-21 and -26 development wells currently producing over 1300 bopd combined Latest Oseil-27 (completed…
South Block a PSC (35%) Heartland position in prolific basin Map of South Block A PSC showing key prospects Exciting, underexplored block (1894km2) New pipeline through area: Recent Block A gas contract - US9.45 mmbtu 183 km…
North Sumatran Unconventional February approval of 4684 km2 Joint Study Lion 55% with partners of overlapping conventional Bohorok PSC (Bukit, NZOG, SBL) 45% Joint study with Indonesian University Adjacent to PERTAMINAs unconv.…
Central Sumatra Unconventional Unconventional JS in Bengkalis Graben area (2478 km2) Lion 75% and operator of joint study, with conventional PSC holder at 25% LNG import terminal Joint study underway Bengkalis Graben located in…
Indonesian World Class Oil/Gas Basins Sumatra is Indonesias most established hydrocarbon province Discovered hydrocarbons in Indonesian onshore provinces Sumatra 17.4 bbo, 41 tcfg, 1.1 bbc Kalimantan 1.7 bbo, 18.4 tcfg, 0.2…
Indonesias Prolific Onshore Basin 5 basins in top 15 in region by discovered onshore conventional HCs North & Central Sumatra highest hydrocarbon density (disc. HCs per km2) Asia-Pacific top15 onshore basins, ranked by discovered…
The unconventional acreage build Targeting 2 million plus net acres in prolific Sumatran basins Early days but assessments point to multi-tcf gas/multi-100s mmbbl oil upside Lions unconventional acreage growth staircase US…
Lion Opportunity Funnel New Business Active negotiation, near-mid term exploration & production in Sumatra New Venture Technical Negotiation / Final Exploration Screening Review DD activities Sign CA Submit Bid/Offer Sign Acreage…
Milestones Active program - good news flow, base funded through 2015 Lion activity and key event timeline (4Q-2013 to end-2015) 2013 2014 2015 Lion Interests/Activities Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Transaction approved 22 Jan 2014…
Thank you For more information please contact: Kim Morrison Stuart Smith Chief Executive Officer Executive Director kmorrisonlionenergy.com.au ssmithlionenergy.com.au Office: +61 8 9211 1500 Indonesia: +62 811 460 395 Mobile: +61 404 490…
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