CENTRAL PETROLEUM An E&P Company is born Noosa Mining Conference 19th July 2013 0
Central Thesis The 6-P Rule 1. Prior 2. Planning 3. Prevents 4. Pitiful 5. Poor 6. Performance 2
Prior Planning 12 months to the day since the shareholders confirmed me as Managing Director on 19th July last year. My objectives for the last 12 months were: 1) Heal the wounds - Board Restructure and Office Relocation 2)…
So what do you get for your money if you invest in Central Petroleum Limited (ASX:CTP) 5
1. A major interest in the Surprise conventional oil field in EP 115, Amadeus Basin Reserve/resource Original oil-in-place Rec. Reserves category (million barrels) (million barrels) 1P 2.6 0.6 2P 6.4 1.1 3P 7.5 2.1 *2C 17.7 5.8…
2. A major interest in a range of exploration plays in the immediate vicinity of the Surprise oil field and exploration plays target both conventional (sandstone) and unconventional (shale/limestone) reservoir objectives…
and why do we believe the area has unconventional potential Total Gas Gamma Ray Resistivity Sonic Density/Neutron Stairway Sst Conventional 1.Very high mud gas reservoir target readings recorded during drilling 2. High measured…
3. A significant interest in the EP 115 Santos farmin area in the vicinity of the Mereenie oil field . where a major seismic program is currently being acquired at no cost to CTP 10
4. 100% interest in remaining areas of EP 115 that could increase in exploration attractiveness 11
There is more 12
5. A significant interest in a portfolio of permits in the southern Amadeus Basin 13
where a large regional seismic survey is being acquired targeting mainly sub salt plays 14
and the Mt Kitty prospect will soon be drilled, again both at no cost to CTP 15
6. A significant interest in the southern Georgina Basin permits recently farmed out to Total . where a large regional seismic survey will soon be acquired and up to 6 wells drilled 16
7. A major interest in Pedirka Basin permits where the Pellinor prospect has been matured 17
and the Hector lead may be a sleeping giant Hector Pellinor NW Lead Prospect SE Jurassic -Cretaceous Permian Salt Cambrian Siluro-Devonian Neoproterozoic 18
In summary Why invest in CTP A major interest in the Surprise conventional oil field in EP 115, Amadeus Basin that awaits appraisal and development A major interest in a range of conventional and unconventional exploration plays in…
Performance expected to Year End 2014 1) Acquire 3,000km of seismic 2) Develop Surprise West for production - 7mpa free cash prognosis *1 3) Conduct G&G around Surprise 4) Drill Mt Kitty January 2014 planned 5) Drill Surprise East…
Contact Details Central Petroleum Limited 56-58 Jephson St.,Toowong, QLD PO Box 1571, Toowong DC Qld 4066. Tel: +61 7 3181 3800 Fax: +61 7 3181 3855 Website: www.centralpetroleum.com.au 21