MARCH 2015 INVESTOR PRESENTATION www.camacenergy.com INVESTOR RELATIONS ------------------- Chris Heath Director 713-797-2945 Oyo Ramping Up
www.camacenergy.com Leading Sub-Saharan Africa Portfolio 9 Assets 4 Countries 10.6 MM Gross (10.3 MM Net) Acres Full Operatorship Development GAMBIA Offshore Acres Interest Partner Operator Block A2 320,000 100% -…
www.camacenergy.com A Transformative Year for CAMAC Energy 270mm Equity Provided acquisition funding and development drilling capital Investment Allied Energy Plc Now have a 100% interest in our offshore Nigeria assets…
www.camacenergy.com Uniquely Positioned to Deliver Generating Predictable, Repeatable Oil Production Growth Near-Term High-Impact Exploration Offshore Nigeria Advancing World-Class Frontier Exploration in West and East Africa…
MARCH 2015 CAMAC ENERGY www.camacenergy.com Nigeria: Cornerstone of the African Oil Industry March 2015
www.camacenergy.com Nigeria Is The Largest Oil Producer in Africa Nigeria is the worlds 6th largest oil producer Nigeria is the 4th largest oil supplier to the U.S. YE 2014 production of 2.15 million BOPD 1 Nigeria has proved…
www.camacenergy.com Offshore Nigeria: Delivering Growth and Value OYO FIELD PRODUCTION OYO FIELD RESERVES BOPD, net before royalties MMBBLs, net after royalties To Be Drilled Completing Completing CAPITAL EXPENDITURES…
www.camacenergy.com Niger Delta Deepwater Seafloor Topography ERHA FIELD 120 121 BONGA FIELD CAMAC ENERGY 9
www.camacenergy.com OML 120/121: Prolific Oil Producing Region BOSI FIELD SONAM FIELD Discovery: 1996 Discovery: 1999 EWO NORTH Production: TBD Production: 2016 est. OYO FAR EAST ExxonMobil 56%, Shell 44% 1 Tcf Chevron 40%,…
www.camacenergy.com OML 120/121: Seismically-Defined Prolific Hydrocarbon Province Extensive inventory of drill-ready prospects identified with 3D seismic UNRISKED RECOVERABLE RESOURCES Oil (MMBbls) Low Best High Mean Prospect…
www.camacenergy.com Oyo Field: Pioneer Deepwater Nigeria Exploration IP Rates of 6,300 9,500 bopd 4.5+ MMbbls EUR/Well Brent+ Pricing: Light, Sweet, 33 to 34 API, Low Sulphur Favorable Economics: Break-even at 45 Brent Far East…
www.camacenergy.com High-Impact, Early Cash Flow Operator and 100% owner of two significant development wells in the Oyo field DRILLING AND COMPLETION ACTIVITIES ON OYO-8 Vertical and horizontal sections drilled Production…
www.camacenergy.com Demonstrable and Repeated Production Growth DRILLING RIG FPSO Ability to drill development and exploration wells Secured for seven years commencing January 1, 2014 Maximum Drilling Depth: 35,000 ft Oyo:…
MARCH 2015 CAMAC ENERGY Expanded Shallow Water Tano Block www.camacenergy.com Ghana: Near-Term Development Upside March 2015
www.camacenergy.com Ghana: Three Discovered Fields in the Tano Basin EXPANDED SHALLOW WATER TANO BLOCK SIGNED APRIL 2014; EFFECTIVE JANUARY 2015 combined surface area of 373,000 acres in water depths of 180380 feet CAMAC Energy…
MARCH 2015 CAMAC ENERGY BLOCK A2 BLOCK A5 Lead Gambia: Entering the West African Transform Margin March 2015
www.camacenergy.com Gambia: Prime Deepwater Acreage in an Emerging Basin Oct. 7, 2014 FAN-1 oil discovery Nov. 10, 2014 SNE-1 oil discovery 1830 km/18 miles mi offshore offshore SIGNED MAY 2012; EFFECTIVE AUGUST…
MARCH 2015 CAMAC ENERGY Block L1B, onshore Kenya, Lamu Basin Garissa E 110 MMBO Hagarso NW 400 MMBO Garissa SE 115 MMBO Hagarso-1 Hagarso W 100 MMBO 165 MMBO www.camacenergy.com Lead 18 miles Kenya: Frontier…
www.camacenergy.com 9 MM Acres in the Largest Sedimentary Basin in Kenya 4 Blocks in the Lamu Basin awarded in May 2012; effective August 2012 Adamantine Bowleven AWARD DETAILS ETHIOPIA ERHC Oil Discovery Named operator with…
www.camacenergy.com Drilling Program Focused on Near-Term Cash Flow April Q2 Country Asset Well 2015 2016 2017 2015 2015 Oyo-8 First oil Nigeria 120 development well 100% Oyo-7 Nigeria 120 development well 100% First oil…
www.camacenergy.com CAMAC Energys Value Creation Model Production and Revenue Growth Reserves and Resources Growth Near-Term High-Impact Exploration Long-Term Frontier Exploration Sub-Saharan Africa Asset Expansion…
For more information, please visit www.camacenergy.com CAMAC Energy Inc. Corporate Headquarters 1330 Post Oak Blvd., Suite 2250 Houston, Texas 77056 Main: 713-797-2940 www.camacenergy.com Investor Relations: 713-797-2945
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