CAMAC Energy Investor Presentation January 2015 Conference Name Presenter Name NYSE MKT: CAK www.camacenergy.com Title Date 2015 CAMAC Energy Inc.
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 Established History In The African Energy Sector 1986 Cameroon-American Company (CAMAC) founded as a privately-held agricultural commodities trading company 1990 CAMAC creates Allied Energy Plc (Allied) to focus…
www.camacenergy.com A Transformative Year for CAMAC Energy 270mm Private Provided acquisition funding and drilling capital Equity Investment Allied Energy Plc Exponential increase in production, reserves and resources…
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…
JANUARY 2015 CAMAC ENERGY www.camacenergy.com Nigeria: Cornerstone of the African Oil Industry January 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. Q1 2014 production of 2.26 million BOPD 1 Nigeria has proved…
www.camacenergy.com Nigeria: Executing On Unparalleled Growth PRODUCTION RESERVES BOPD, net before royalties MMBOE To Be Drilled Completing Completing CAPITAL EXPENDITURES 2.9 BILLION BOE P50 RECOVERABLE RESOURCES in…
www.camacenergy.com Niger Delta Deepwater Seafloor Topography ERHA FIELD 120 121 BONGA FIELD CAMAC ENERGY 10
www.camacenergy.com Niger Delta Structural Provinces OML 120/121 CAMAC Energy 100% Source: interpretation of NigeriaSpan seismic data, overlain on bathymetry. An Extensional Belt and two distinction contractional belts are…
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: Drill-Ready Exploration Prospects Prospect G: 226 mmbo Ereng: 1,585 mmbo High-grading the portfolio with Ewo Deep: 321 mmbo the application of geoscience Prospect P: 245 mmbo technology…
www.camacenergy.com OML 120/121: Seismically-Defined Prolific Hydrocarbon Province Extensive inventory of drill-ready prospects identified with 3D seismic UNRISKED RECOVERABLE RESOURCES OML 120 OML 120 and 121 Oil (MMBbls) OYO…
www.camacenergy.com Oyo Field: Pioneer Deepwater Nigeria Exploration In 1995, the Oyo Field Became the First Deepwater Nigeria Discovery 100% Drilling Success Rate (8 for 8) 4.5+ MMbbl EUR/Well Brent+ Pricing: Light, Sweet, 33 to 34…
www.camacenergy.com High-Impact, Early Cash Flow Completing two significant development wells in the Oyo field SUCCESSFULLY DRILLED OYO-7 115 Feet Net Oil Pay + 93 Feet Net Gas Pay Reached Top of Pliocene pay at 5,564 ft…
www.camacenergy.com Demonstrable and Repeated Production Growth DRILLING RIG FPSO Development and exploration drilling capabilities Secured for up to seven years commencing January 1, 2014 Maximum Drilling Depth: 35,000 ft…
JANUARY 2015 CAMAC ENERGY Expanded Shallow Water Tano Block www.camacenergy.com Ghana: Near-Term Development Upside January 2015
www.camacenergy.com Ghana: Three Discovered Fields in the Tano Basin EXPANDED SHALLOW WATER TANO BLOCK GHANA AWARDED IN MARCH 2014 Expanded Shallow Water combined surface area of 373,000 acres in water depths of 180380 feet Tano…
JANUARY 2015 CAMAC ENERGY BLOCK A2 BLOCK A5 Lead Gambia: Entering the West African Transform Margin January 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 AWARDED MAY 2012; EFFECTIVE AUGUST…
JANUARY 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 Q1 Q2 Country Asset Well 2015 2016 2017 2015 2015 Oyo-7 Successfully drilled in 2013; Nigeria 120 development well 100% Production anticipated in Q1 15 Oyo-8…
www.camacenergy.com CAMAC Energys Value Creation Model Production and Revenue Growth Reserves and Resources Growth Near-Term High-Impact Exploration Africa Asset Expansion Opportunistic Acquisitions Long-Term Frontier…
www.camacenergy.com Experienced, Diverse International Management Team Chairman of CAMAC Energy since becoming public in 2010; appointed as Chief Executive Officer in 2011 Chairman of CAMAC International Corporation, a…
www.camacenergy.com Distinguished Board of Directors Chairman of CAMAC Energy since becoming public in 2010; appointed as Chief Executive Officer in 2011 Chairman of CAMAC International Corporation, a privately-owned diversified…
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