Summary Significant upside and near term value being realised from key US E&P assets Low cost oil production from 150 wells across 14 fields in the Gulf Coast Basin of Texas and Louisiana Low Cost Gulf Coast Quality operating team…
Strategic Plan October 2014 Strategic Plan Approved by the Board Mission Statement To become an industry leading Oil & Gas Company. Our Vision going forward is To create an oil and gas asset portfolio focused on extracting…
The Past 8 Months. Successfully negotiated a 25% repayment of Convertible Notes and an extension of the Redemption Put Date from April 2015 to April 2016 Completion of a Receivable Factoring Facility Agreement with a third party…
Capital Structure Balance Sheet as at 31 March 2015 Current Debt Summary Amm Face Value Trading per US100 of Trading Value (USmm) Face Value (1) (USmm) Cash and cash equivalents 18.8 Convertible Bond 133.3 86.35 115.1 Other current…
Gulf Coast, U.S. Onshore, conventional low cost Gulf Coast production of 3,600 boe / day (Q1 2015) gross Key Highlights Asset Location Production from 150 wells across 14 fields, increasing overtime as wells are drilled out Low…
Gulf Coast, U.S. Operating Cost Improvement and Resource Upside Review Gulf Coast Strategy: Fit for 50/bbl Price Environment G&G team working with reprocessed 3D seismic to fully develop suite of subsurface maps for core fields…
Gulf Coast, U.S. Recompletion Inventory Driving Further Value Recompletion Overview Barbers Hill Field Development Schematic Near-term focus on highly economic recompletions To date Linc Energy has successfully performed over 70…
Alaska Umiat Large Operated Potential Oil Development Significant potential Alaskan development with certified 2P Reserves of 155mmbls Key Highlights Asset Location High quality project with a series of upcoming milestones that will…
Alaska Umiat Near Term Catalysts & Project Development Plan There are several upcoming milestones that will build on work already completed to drive value going forward Work Completed Upcoming Milestones to De-risk and Unlock Value…
Alaska Umiat Reserves & Project Economics Independently certified 2P Reserves of 155mmbbls Reservoir Model Successful Exploration Seasons 13 Pads +/- 150 wells Mobilised rig and support equipment to Umiat Oil water contact noted in…
Alaska Umiat Export Options Access Route Selection Goals The Potential Routes Provide the potential infield road alignments, locations for drill sites, facility pads and gravel mine sites Provide the potential Umiat route…
Alaska Umiat Target Production and Cash Flow Profile Targeting Peak Production 50,000 bbl / day 18 50 16 45 14 40 35 12 mbbl / day mmboe 30 10 25 8 20 6 15 4 10 2 5 0 0 2023 2024 2025 2026 2027 2028 2029 2030…
Wyoming Enhance Oil Recovery Project EOR Development in Wyoming with 3P Reserves of 54mmboe Key Highlights Asset Location 31 producing wells across 3 fields in the Powder River Basin Potential for enhanced oil recovery development…
Underground Coal Gasification Operations Overview Linc Coal and UCG Assets Linc Energy is a world leader in underground coal gasification Poland Alaska 53,374 acres It has a commercial operating facility in Asia and a large portfolio…
Linc Energy Proprietary Technology UCGs Potential across Stranded Coal Assets UCGs Potential Asian Stranded Coal Deposits (in billion tonnes) (in billion tonnes) c.100.0 64.1 Mongolia Korea Estimated available Estimated…
Linc Energy Proprietary Technology Heavy Oil Current Heavy Oil Technology Current Heavy Oil production technologies fall into two main types, steam and combustion technologies Steam production technologies include Cyclic Steam…
SAPEX Australian Shale Oil Key Highlights Asset Location Light, sweet crude oil findings at the Maglia-1 well Two independent estimates of unrisked prospective resources for unconventional reservoirs at 103 and 233 bboe Lease…
SAPEX Australian Shale Oil Basin Geology Basin Geology Bulldog Shale Dark grey mudstone deposited in an epicontinental sea Eromanga Basin Cadna-Owie Formation Sandstone deposited in marginally marine to non-marine environment…
Board and Management Experienced Management and Board Management Board Craig Ricato Chief Executive Officer & Managing Director Peter Bond Chairman Served as both an Executive Director and most recently as a Non- Successful track…
Company History Date Event October 1996 Incorporation of Linc Energy N.L. to develop and commercialise Underground Coal Gasification (UCG) technology May 2006 Listed on the Australian Securities Exchange LNC October 2007 Acquires…
Loading...
