MOLOPO FOCUSED GROWTH September 2011 MOLOPO ENERGY LIMITED
Proven Capability Molopo transformation 2006-2011 FROM TO 15-20M Market Cap 160-225M Market Cap 2M cash backing 130M cash and equity backing Non-operator in all projects Operator in all projects Minority 25-30% equity in…
The Building Blocks of Molopos Focused Growth Strategy Value Realisation Strong performance underpinned by clearly communicated targets Active shareholder engagement Capital management with focus on long term shareholder value…
MOLOPOS ASSETS High value potential & strong base for focused growth BAKKEN-Tight Oil Oil exploration acreage with potential for 50- 200 net wells if successfully de-risked PERMIAN BASIN-Tight Oil Oil exploration acreage with…
2011 TARGETS Focus: - De-risking the current North American oil plays - Optimising monetisation of non-core assets Asset Activity Aspired outcome Bakken Drill/complete 5-9 net wells; 2D & 3D Subset of wells successful seismic (IPs…
2011 Focus: Assessing the potential of Molopos North American oil acreage MOLOPO ENERGY LIMITED 6
NEAR TERM OIL OPPORTUNITIES BAKKEN: TIGHT OIL IN WESTERN CANADA Project Background 42,000 net acres in SE Saskatchew Canada an acquired in 2009 & 2010 100% Working Interest Option to earn additional 7,360 net acres at Torquay in…
MOLOPOS 2011/2012 BAKKEN PROGRAM 2011/2012 objective Molopo Bakken Land Summary T5 V J V E G 6 JE AE G V S D V VV D E ED V EC CE E AA DE E E C S EVD S V D S S SD JS V J S D E UU S U EE JS V D VU…
NEAR TERM OIL OPPORTUNITIES PERMIAN BASIN: Tight Oil In West Texas El Paso: 1500 per acre EOG 2010/2011 (120,000 acres) Project Background Molopo holds 22,000 gross and 16,900 net acres Stacked pay: Sprayberry (oil), Molopo…
Recent Horizontal Drilling activity targeting the Wolfcamp UL 8-12-1-H UL 43-22-1H UL 43-19-1H U 43-1001H U 40-1402H U 40-A 0401H U 40-14-4H Apr 2011 Apr 2011 Jun 2011 Feb 2011 Aug 2010 Q2 2011 May 2011 IP24 390boe/d IP24 390boe/d IP24…
Significant increase in drilling & higher IP outcomes as the play develops 1200 Initial Production Operator 1 (Boepd, 1-day rate) 1000 Operator 2 Operator 3 800 30 day rate BOE per day Peak rate 600 400 200 0…
Well results show clear learning curve for each Operator 1200 Operator 1 Well IPs 1000 Operator 2 Operator 3 800 IF or IP Rates 600 400 200 0 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th of wells Learning…
MOLOPOS 2011 PERMIAN BASIN PROGRAM 2011/2012 objective First exploration wells: assess potential of the acreage 2011 Progress 2D seismic purchase and interpretation complete 3D seismic some underway; some scheduled for Q1 2012 Drill…
2011 Focus: Portfolio rationalisation Across Molopos gas projects MOLOPO ENERGY LIMITED 15
South Africa de-risk and monetise; Queensland monetise; Quebec hold South Africa 100% interest in 800,000 acres in two gas exploration areas, Evander and Quebec Shale Virginia Gas 11 pilot wells stable (1.2 MMscfd); 1st…
AUSTRALIAN (QUEENSLAND) COALBED METHANE Majority owner and operator for ATPs covering QLD PERMITS & PROSPECTS c.1,370km2over 5 project areas in Bowen Basin, west of Gladstone 1 Reserves position at Feb 2011 (net Molopo share) 1P…
Queensland CBM sales process underway One of the largest uncontracted 2P reserves positions in Queensland of independent ASX listed CSG companies Queensland Reserves Growth High Quality Gas 900 97% methane (pipeline quality) 800…
South Africa Exploration progressing; awaiting Production Right Project Overview: Two South African Deep Biogenic Gas projects Virginia: 750,000 gross acres 80% interest1 Evander: 150,000 gross acres 100% interest First proved…
Qubec Shale Gas Project: exciting potential; currently on hold Molopo controls 100% of 1.4 million acres in the Quebec Lowlands Shale gas, tight gas & conventional targets Primary objective Ordovician Utica Shale Prospective…
Wrap-up MOLOPO ENERGY LIMITED 21
Summary of 2011 progress to date Strengthened Board and Leadership Team and new functional organisation in PEOPLE place Strong technical team with proven experience in unconventional resources MANAGEMENT Improved funding…
Thank you MOLOPO ENERGY LIMITED 23
CORPORATE OVERVIEW as at 31 August 2011 MOLOPO SHARE PRICE MOLOPO SUMMARY INFORMATION Cash 65 million Cash equivalents 65 million Debt Free Share Information 12 month High 1.15 12 month Low 0.545 12-month Volume 193…
Board of Directors Greg Lewin Ian Gorman Max Beck Garry Cameron Glenn Ross Brian Straub Chairman & Chief Executive Non-Executive Non-Executive Alternate Non-Executive Non-Executive Officer and Director Director Director to Max…
Leadership Team Flat, functional organisation Over 100 years of collective oil and gas experience within large multinationals, junior & successful start-up companies in North America, Australia and internationally Ian Gorman…
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