TETHYS PETROLEUM LIMITED Corporate Presentation September 2012 THE Central Asian Oil & Gas Company Spudding AKD07 well in Kazakhstan
Tethys Petroleum Limited (TPL) Central Asian Exploration & Production TSX Symbol TPL Market Cap CAD 166 million Public company since 2007 (TSX, LSE, KASE) Share Price (11/9) CAD 0.58 Significant Shareholders: 52 week high/low CAD…
Tethys Petroleum Limited Board of Directors (Executives) Dr. David Robson Executive Chairman and President Julian Hammond Chief Executive Officer & Chief Commercial Officer Liz Landles Executive Director, Chief Administrative…
Tethys Petroleum Limited Board of Directors (Non-Executives) Rt. Hon Peter Lilley MP Vice Chairman & Senior Non- Executive Director. Chair of Remuneration & Nomination Committee Russ Hammond Non-Executive Director Piers Johnson…
Tethys Petroleum Central Asian Assets R u s s i a Kul-Bas, Akkulka and Kyzyloi Blocks Astana H H Aktobe K a z a k h s t a n H Bozoi Lake Aral Balkhash Sea Georgia Almaty H Armenia Caspian…
Why Central Asia Geopolitical advantages Tajikistan Kazakhstan Uzbekistan Favorable investment Developed economy, well- Well-established O&G legislation established O&G legislation industry Favorable PSC legislation Stable political…
Tethys The only independent working in three Central Asian Republics R u s s i a Pre-Caspian K a z a k h s t a n Russi Basin a and Europ e South Turgay Tethys Oil & Gas North Ustyurt Lake Basin Production Basin Aral Balkhash…
Reserves & Resources (NI51-101) Gross Reserves Proven Proven + Probable Proven + Probable (MMboe) + Possible Kazakhstan 15.6 27.3 46.3 Tajikistan 0.0 0.2 0.8 Total 15.6 27.5 47.1 NPV10 (after tax) US139 MM US225 MM US333 MM Unrisked…
Kazakhstan: Tethys Assets Four Contracts: Kul-Bas Exploraton & K a z a k h s t a n Kyzyloi Production Contract - gas Production Contract Bukhara-Urals Akkulka Production Contract - gas Gas Trunkline Akkulka Exploration Contract -…
Kazakhstan: Doris Area discoveries and prospects Kul-Bas NW Ara Kalypso l H i gh Akk ulka Daphne Daira Akk u l ka Hig h Close up of channel & fan Dodone Dero system AKD07 - Dyna Doris well - drilling Dyna New…
Kazakhstan: Well AKD07 Prognosis & Seismic Prognosed Stratigraphy 12 THE Central Asian Oil & Gas Company 12
Kazakhstan: Commercialization of Doris Aral Oil Terminal Ce nt Russia Line ra lA sia Gas Emba C rals en tr e ara-U Makat Bukh Emba Russia and Europe Aral Oil Makat Terminal Shalkar Zhanazhol…
Kazakhstan: Kyzyloi & Akkulka Shallow Gas Currently producing 18 MMcf (512 mcm) per day of gas Dry gas almost entirely methane Shallow sandstones 450 metres System designed for 77 MMcf/d (2,200 mcm/d) Constructed and operating state…
Tajikistan: the Jewel in the Crown Large underexplored area 35,000 km2 (8.6 million acres) Khujand Konibodom Gafurov Isfara Bokhtar PSC Istaravshan Kyrgystan U z b e k i s t a n Very good terms Panjakent C h i n a Garm…
Tajikistan: Amu Darya World Class Basin * Based on Gazli Kazakhstan Gaffney Cline H 708 Bcm (25 Tcf) Uzbekistan Tashkent publically quoted figures Tethys North Urtabulak Tethys Bokhtar PSC Kokdumalak 340 Bcm (12 Tcf)…
Tajikistan: Targeting Deep Potential 2008 Activities Signed Bokhtar PSC Set up of exploration and operations team and collection of a good database Lack of equipment meant setting up operating company from scratch Database from…
Tajikistan: Targeting Deep Potential 2009/2010 Seismic Programme No previous long regional seismic lines existed in country Lines show deep and complex geology and cross old fields tying wells together for the first time as…
Tajikistan: Targeting Deep Potential 2011 Graviometry Survey Reefs World Class Reservoirs THE Central Asian Oil & Gas Company 19
Tajikistan: Prospective Resources 27.5 billion barrels oil equivalent* comprising 113.7 trillion cubic feet (3.22 trillion cubic metres) of natural gas 8.5 billion barrels of oil/condensate Based on seismic, graviometry, well data &…
Tajikistan: 2012 Seismic Programme Greatest prospectivity largely unexplored in 35 key leads Lower Cretaceous Hauterivian sandstones Sub salt Jurassic carbonates Both of these are reservoirs in world class fields in neighbouring…
Tajikistan: 2012 Seismic Campaign (centred on best deep prospectivity) THE Central Asian Oil & Gas Company 22
Tajikistan: Vakash Valley Example Seismic Prospect - North Karabura THE Central Asian Oil & Gas Company 23
Tajikistan: Shallower drilling targets Oil discovered at East Olimtoi Kick whilst drilling - 36 API oil flowed Needs further testing Oil production recommenced at Beshtentak field Potential for further drilling & development…
Uzbekistan High potential in several oil and gas basins Ustyurt Exploration SA Relatively underexplored Tethys is only independent oil and gas company working there Mixture of oil cash flow with new production projects and…
Uzbekistan: North Urtabulak and surrounding fields North Urtabulak Chegara 26 Group THE Central Asian Oil & Gas Company 26
Uzbekistan: Chegara Group Oilfield Top Upper Reef 3D Structure Map Top Upper Reef Cross Section Jurassic carbonate reef with salt caprock Discovered 1984 development began 2005 Average depth to top of reservoir 2,650 metres…
Tethys Petroleum - Summary Operating E&P company with oil & gas exploration and production assets across Central Asia UNIQUE OPERATIONS IN THREE CENTRAL ASIAN COUNTRIES Existing oil & gas production plus massive exploration upside…
Tethys Executive Board Dr. David Robson, B.Sc., Ph.D, MBA, FGS, SPE, EAGE, MIoD Executive Chairman and President Dr Robson has worked on oil and gas projects in the former Soviet Union since 1990 in areas such as Siberia, Sakhalin,…
Tethys Non-Executive Board Rt. Hon. Peter Lilley MP, Vice Chairman and Senior Independent Non-Executive Director Mr. Lilley is currently MP for Hitchin & Harpenden as well as Vice-Chairman of the All Party Parliamentary Group on Central…