Cooper Energy is an independent Australian exploration Key figures and production company Shares on issue 332.1 mill Cash generating from production of approx. 500,000 Shareholders 5,100 barrels of oil per annum Market…
Recent events COE share price Calendar year to date Cooper Basin: 0.35 Successful drilling added reserves & production Indonesia: 0.30 Drilling adds 2P Reserves of 1.26 MMbbls, lifts production 2.5x Gippsland gas projects: 0.25…
Cooper Basin Oil oil production development & appraisal exploration Otway Gas exploration Gippsland Gas development appraisal & exploration major shareholder in Bass Strait Oil Company joint ventures with Santos and Beach…
Callawonga Orbost gas plant Production 500,000 bbls pa Gippsland Basin gas & liquids resources Total operating cost1: A37/bbl Sole gas project in FEED Cooper Basin 87%, Indonesia 13%1 Manta Gas Project identified as opportunity…
Total Shareholder Return and Health Safety Environment Community Strategy High margin oil Fundamentals focus: market, technical, cost & commercial Gas portfolio Leverage and grow strengths People Funding Assets Extensive…
Cooper Energy oil production Production costs million barrels Direct cost A per barrel 0.7 0.6 0.59 0.5 Netback 0.52 0.49 0.4 0.47 0.50 0.41 0.47 0.3 9 Royalties 0.2 14 Transport expenses 0.1 14 Op. costs 0 2010 2011 2012 2013…
Oil production and exploration - March Qtr YTD production 1,128 bopd (COE share) from PELs 92 & 93 - FY 15 operating cost of 35/bbl including transport and royalties In-field development and appraisal in PEL 92 continues to add…
Oil production: Sukananti KSO Currently 800 bopd (COE share: 55%) Low risk, low capital production and reserves addition Contractor share: oil 15%: gas 20% Oil & gas exploration Sumbagsel and Merangin III PSCs Highly prospective with…
Indonesian reserves post Bunian-3 Indonesian quarterly production MMbbl 2P COE share barrels of oil per day, COE share 1.8 500 1.6 1.26 1.68 1.4 400 1.2 1 300 0.8 0.6 200 0.4 0.47 -0.06 0.2 100 0 Jun-14 2P Production to May B3…
Market-driven approach Building customer relationships Gas sales terms being negotiated Pipeline transport expertise Otway Basin Gippsland Basin Ideally located: close to markets and pipelines Eastern Australias largest gas…
2012: identifies strategic value of Gippsland Basin gas for Eastern Australia acquires stake in Bass Strait Oil Company (BAS) 2014: initiates gas customer discussions acquires 65% and Operator role at Basker Manta Gummy (VIC/L26-…
to Melbourne Eastern Gas Pipeline to Sydney Orbost Gas Hub COE 50%, STO 50% Sole Gas field COE 50%, STO 50% & Operator Patricia Baleen (depleted) (STO 100%) 211* PJ Longtom (SVW 100%) 2.6 *MM bbls 106* PJ Manta Gas field…
Indicative gross PJ 60 Gippsland gas projects can produce approximately 320 PJ (gross) from current projects 50 Peak production would be close to 50 PJ p.a and 23 23 23 23 plateaus for 4-5 years from FY22 40 Gas price of 8/GJ…
Indicative net production (mmboe) 6 5 4 Manta - Liquids 3 Manta - Gas 2 Sole - gas Existing2 Cooper Basin & Indonesia - oil 1 1 Indicativeonly and subject to key milestone achievement and joint venture 0 approval FY16 FY17…
Sole Gas Field Contingent Resources (2C) of 211 PJ Sole gas field in FEED for development to supply gas from Jan quarter 2019 FEED expected to complete/proceed to FID in Sept quarter 2016 Sole Gas project development: single…
Gas resource of 106 PJ 2C Contingent and Risked Prospective Resource of 10 PJ COE Business case identified economic opportunity Preferred option utilises synergies with adjacent Sole project and Orbost Gas Hub: 2 well subsea…
FID First Gas Gas Production FID Business First Gas Case Prod'n Manta-3 Sole Development Manta Development Sole Manta Gas Sales Agreements Sole Gas Sales Agreements LOIs Sole Reserves Manta Reserves Booking…
Extensive acreage position across Penola Trough Jolly-1 and Bungaloo-1 deep wells drilled FY14 confirmed location of Casterton Formation unconventional play identified deep conventional gas play shale gas potential delineated…
Current - Strong balance sheet, cash generating production, reserves and resources: Production of 460 500 kbbls in FY15; A37/bbl cash cost1 is robust at current prices FY15 drilling is expected to result in strong reserves and resources…
Appendices
3 permits covering 12,600 km2 Hammamet West oil discovery - gross contingent resource estimated to be 12.6 MMboe (1C) to 110.4 MMboe (3C)1 - oil development opportunity Multiple prospects Reducing commitments Divestment plan…
bbls barrels of oil boe barrel of oil equivalent bopd barrel of oil per day EBITDA earnings before interest, tax, depreciation and amortisation kbbls thousand barrels LTIFR Lost Time Injury Frequency Rate. Lost Time Incidents per million…
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