Ground Floor 39 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 F: + 61 (08) 6389 0697 For personal use only 9 September 2014 The Manager The Australian Securities Exchange The Announcements Officer Level 4/20…
Ground Floor 39 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 For personal use only commrelationskeypetroleum.com.au Company Overview and 2014-2015 Exploration Strategy
Key Petroleum Limited For personal use only Key Petroleum Ltd is focused on wildcat drilling and exploration in both the North Perth and Canning Basins in Western Australia. Both have proven petroleum systems with the potential for…
Share Price For personal use only Share price movement to 29 August 2014 Source: Yahoo Finance 3
Company Overview MANAGEMENT AND STRATEGY For personal use only Corporately focussed board and hands-on management Cornerstone investment with ASF Group Limited to unlock value in financing exploration projects Capital focus on…
Exploration Outlook Holds equity in, and Operates, over 5 million acres in permit portfolio For personal use only Perth and Canning Basins. Active Operator exploration wells in 2013 and 2014 in addition to conducting geochemical…
Strategic Focus 2014-2015 Pursue an intensive 2015 wildcat drilling program for both conventional oil and gas prospects For personal use only in WAs remote Canning Basin. Undertake planned workovers of an existing production…
Portfolio Current WA Interests Onshore Canning Basin For personal use only Onshore Perth Basin Canning Basin has the largest estimated shale-gas resource in Australia up to 235 trillion cubic feet and is the largest undrilled…
Portfolio and Forward Looking Programs Permit Location Interest Acreage (acres) Operator For personal use only EP448 Canning Basin 78% 2,000,000 Key Petroleum Ltd* EP104 Canning Basin 54% 180,000 Key Petroleum Ltd* R1 Canning Basin…
EP448 - Exploration Campaign For personal use only Two shallow conventional drillable oil prospects have been identified for drilling: Four suitable prospects overall identified in the north of the permit (Darriwell Project)…
EP448 Darriwell Project Technical Evaluation For personal use only Key identified an extension of the Willara Sub-basin to the south Areal size of the Griffith Prospect adjacent to the Chirit Fault Technical evaluation…
EP104 Trend - 2015 Exploration Campaign The EP104 (EP104, R1 and L15) wet gas trend For personal use only workover program incorporates: Remediation of causeways to Stokes Bay-1 and Point Torment-1 in 2014. Workovers of Stokes…
EP437 - 2014-2015 Exploration Campaign For personal use only Operations at Dunnart-2 undertaken: Live oil shows encountered throughout Bookara Sandstone. Live oil shows also in fractures in the basement potential for new large…
EP437 - Dunnart-2 Drilling Operations Key as Operator successfully drilled Dunnart-2 encountering live oil throughout the Bookara For personal use only Sandstone within budget. Open hole DST testing failed twice due to plugging then…
EP437 - Dunnart-2 DCA Rig 7 at night during drilling operations For personal use only 14
EP437 - Exploration and Prospectivity Review For personal use only Exploration prospects identified from a Prospectivity Review include Wye Knot, Condor South and the up-dip Wattle Grove. Key is currently maturing the Condor South…
Strategic Outlook For personal use only Emerging aggressive oil explorer unlocking value for shareholders through drilling prospects whilst running lean and man. Rationalisation of equity interests via recent commercial…
For personal use only For further information please contact Mr Kane Marshall +61 8 6389 0322 or commrelationskeypetroleum.com.au