Recapitalised Reskilled Repositioned Excellence in Oil & Gas, Sydney 12 March 2014
Important notice and disclaimer (cont.) Reserves & Resources estimates Hydrocarbon reserves and resource estimates are expressions of judgement based on knowledge, experience and industry practice. Estimates that were valid when…
Company Why Strategy snapshot Indonesia Strengths Assets Milestones Recapitalised, reskilled & repositioned www.lionenergy.com.au 12 March 2014 4
COMPANY SNAPSHOT An emerging pioneer in Indonesian unconventional oil and gas Restructuring Complete Shares on issue: 95m Market cap 20c: A19 million Cash: A7.6 million Revenue: A2.2 million Major shareholders: Risco Energy…
WHY INVEST IN INDONESIA A unique opportunity in SE Asia Worlds fourth-largest population (250mm) Projected Indonesian Oil and Gas Supply Mboe/d and Demand Balance 6,000 Demand: Fast-growing economy (GDP 6%pa) with oil High-case and…
CLEAR STRATEGY The leading unconventional player in Indonesia Focus on Sumatra in areas with prospective geology, infrastructure and markets The right mix of technical, commercial, operational and market skills Indonesias…
STRENGTHS The right mix of skills and expertise Technical Best-in-class team Leveraging big company expertise with small company agility Advisory panel (tapping US/international unconventional knowledge) Commercial Risco team…
SERAM (NON-BULA) PSC (2.5%) Production with exploration and exploitation upside 2.5% interest - CITIC is operator, Kufpec and Gulf Petroleum as co-venturers Annual net revenue of circa A2.2 mill Attractive fiscal terms and large…
SOUTH BLOCK A PSC (35%) Heartland position in prolific basin Exciting, underexplored block (1894km2) Recent new play success including 100-400 bcf Matang 1 discovery in adjacent PSC Current 170km seismic program: Targeting leads…
UNCONVENTIONAL CLAIMS STAKED Four Joint Study Applications (JSAs) submitted Applications over 17,000km2: If awarded, right to match bids on PSC North Sumatra Basin In prolific Sumatran basins, ready access to infrastructure and…
VIABLE UNCONVENTIONAL TARGETS Prospective shales in Lion JSA areas Unconventional Targets in Lions's Area of Focus Properties North Sumatra Central Sumatra Lower Baong Belumai Formation Bampo Shale Telisa Formation Brown Shale/Kelesa…
MILESTONES An active program for 2014 with high impact potential Recapitalised, reskilled & repositioned www.lionenergy.com.au 12 March 2014 13
WHY INVEST IN LION Early mover in Indonesias emerging unconventional business Management Existing conventional assets Priority rights via Joint Study Applications Material upside potential Attractive operating environment…
Thank you For more information please contact: Kim Morrison Stuart Smith Chief Executive Officer Chief Financial Officer (Designate) kmorrisonlionenergy.com.au ssmithlionenergy.com.au Office: +61 8 9211 1500 Indonesia: +62 811 460 395…