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JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc

Aminex Plc · Jun 9, 2010 · 27 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 1
    AGM Presentation 9th June 2010 aminex PLC
  2. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 2
    AMINEX PLC Kiliwani N. gas Ruvuma well discovery to be proves oil hub of an potential in a expanding gas First new new basin province Shoats Creek drilling opens up campaign. Deep Wilcox well planned TANZANIA for 2010…
  3. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 3
    AMINEX IN TANZANIA Aminex commercial gas discovery at Kiliwani North (Nyuni PSA) Likonde-1 well in the Ruvuma Basin opens up the potential for a new oil province in S. Tanzania (Ruvuma PSA) 4 AGM Presentation 9th June…
  4. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 4
    TANZANIA RUVUMA A potential new oil play in East Africa 5 AGM Presentation 9th June 2010
  5. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 5
    ACTIVITY ON THE EAST AFRICAN COASTAL MARGIN IN 2010 YTD Tullow and Aminex drill Likonde-1, the first onshore well in the Tanzanian Ruvuma Basin in recent times, encountering thick reservoir sands and establishing the presence of crude…
  6. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 6
    THE RUVUMA BASIN The Likonde-1 onshore well in the Ruvuma Basin drilled by Aminex and Tullow in Q1 2010 established indications of crude oil, the presence of a working petroleum system and thick potential reservoir sands.…
  7. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 7
    LIKONDE-1 What actually happened Drilled to total vertical depth of 3,647 metres during Q1 2010. Net sand bodies with the potential to be oil and gas reservoirs in different formations aggregated a thickness of 820 feet. There…
  8. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 8
    LIKONDE-1 What have we learned so far There is oil in the Ruvuma Basin. Gas is present over long intervals and at depth high pressure gas is hard to control. There is a working petroleum system in the Ruvuma Basin. There is a…
  9. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 9
    LIKONDE-1 Where do we go from here The raw data and samples are still being analysed and, because this was a first well in a frontier basin, they will take a little time to understand fully. For the first time in the immediate area…
  10. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 10
    TANZANIA NYUNI A future gas-gathering hub 11 AGM Presentation 9th June 2010
  11. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 11
    MAIN PROSPECTS IN NYUNI PSA (figures are BCF gas in-place at P.mean level) DAR ES SALAAM OKUZA 598 Songas treatment plant 208 Songas pipeline NYUNI E+W 45 1045 Kiliwani N discovery Prospective P.mean resources FANJOVE…
  12. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 12
    THE NYUNI/EAST SONGO-SONGO PSA & SURROUNDING ACREAGE Aminex holds 50% interests in two PSAs in the Songo-Songo area: Nyuni/East Songo- Songo (known as Nyuni) and West Songo-Songo. Nyuni and West Songo-Songo lie in the delta of the…
  13. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 13
    NYUNI THE KILIWANI NORTH GAS DISCOVERY Kiliwani North-1 (KN-1) was drilled to a KN-1 total vertical depth of 2,030 metres in 2008, from a site on the southern tip of Songo- Songo Island. The well encountered a 60 metre gas column…
  14. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 14
    NYUNI EXPLORATION PROSPECTS The main prospects on the Nyuni PSA identified by seismic have now been interpreted and evaluated and are shown on the accompanying table. There are two separate prospects. Nyuni East and Nyuni West.…
  15. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 15
    TABLE OF ISIS NYUNI RESOURCES upgraded by ISIS since publication of the Annual Report P.mean P10 in BCF in BCF Contingent resources Kiliwani North 45 70 Nyuni Aptian/Albian 208 414 TOTAL CONTINGENT 253 484 Prospective resources…
  16. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 16
    TEXAS & LOUISIANA Exploration, development, production 17 AGM Presentation 9th June 2010
  17. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 17
    TEXAS & LOUISIANA All Aminexs commercial oil and gas production currently comes from its US properties in Texas and Louisiana. Aminex USA Inc. owns four distinct groups of properties in Texas and Louisiana of which the most…
  18. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 18
    LOUISIANA SHOATS CREEK Shoats Creek is located in south-western Louisiana close to the city of Lake Charles. It covers 1,570 contiguous acres in low-lying forested country. Aminex has owned and operated the property for several…
  19. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 19
    LOUISIANA SHOATS CREEK WILCOX PLAY In 1988 a previous operator tagged the north Wilcox sands in a well drilled at Shoats Creek but did not complete the well for production, probably due to the economics of low oil prices at that…
  20. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 20
    TEXAS ALTA LOMA Aminexs Alta Loma leases cover 444 acres Proposed Location SE-3 in Galveston County, Texas, close to Houston. Aminex has 37.5% and the operator is El 2.5 Bcf cum Paso Corporation. Sunny Ernst-2 was drilled to…
  21. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 21
    U.S. RESERVES TABLE Summary of Oil and Gas Reserves in the USA, P50 Basis Lease Area Oil mmbbls (1) Gas bcf (2) Shoats Creek (3) Calcasieu County, Louisiana 1.70 16.70 Alta Loma Galveston County, Texas 0.14 4.80 South Weslaco…
  22. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 22
    KOREAN PENINSULA 23 AGM Presentation 9th June 2010
  23. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 23
    KOREAN PENINSULA Aminex has been working on the prospectivity of the Democratic Peoples Republic of Korea (North Korea or DPRK) for several years, signing a formal Petroleum Co-operation Agreement in 2004. Aminex believes that the…
  24. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 24
    EGYPT 25 AGM Presentation 9th June 2010
  25. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 25
    EGYPT Aminex is a 12.5% shareholder in Aminex Petroleum Egypt Ltd. which operates and is an 80% owner of the West esh el Mellaha-2 PSC onshore Gulf of Suez, Egypt (WEEM- 2). Effectively, therefore, Aminex has a 10% net interest in…
  26. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 26
    ROUND-UP In Tanzania Aminex has established commercial gas in one area and the presence of crude oil and a working petroleum system in another. Finding crude oil indicators in the Ruvuma Basin of Tanzania is the major breakthrough…
  27. JUNE 2010 ANNUAL GENERAL MEETING – Aminex Plc – slide 27
    Thank you for listening Aminex PLC 7 Gower Street London WC1E 6HA Tel: 020 7291 3100 Fax: 020 7636 9667 infoaminex-plc.com www.aminex-plc.com 28

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