57th OilBarrel Conference 7 February 2013 London Geoff Gander Chairman & CEO Proven Explorer Growing Producer
Disclaimer This presentation contains forward-looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable, but they may…
Jupiter Energy Limited Overview 0.60 3,000 Jupiter Energy is listed on the Australian Stock Exchange 0.50 2,500 (JPR) and AIM (JPRL) 0.40 2,000 Operations in Kazakhstan managed by an experienced Volume (000s) 0.30 1,500…
Board and Senior Management Board Geoff Gander Alastair Beardsall Baltabek Kuandykov Scott Mison Chairman/CEO NED NED ED / CFO & Co. Secretary London London Kazakhstan Australia Focused on business 30 years oil & gas experience; 40…
Kazakhstan Oil Sector Proven reserves 30 billion barrels; 11 in world (6 in terms of natural resources) Daily production 1.6 million barrels; 17 in world Foreign investment Virtually all Western, Chinese and Russian oil majors are…
World-Class Oil Basin: Mangistau Total reserves for the basin are estimated to be in excess of 5 billion barrels including two giant oil fields, Uzen and Zhetybai. 6
Block 31: Current Field Development J-54 prospect 40 mmb Akkar North neighboring field Block 31 discovered reserves & resources East Akkar extension prospect 20 mmb North West Zhetybai neighboring field Recent discoveries:…
Significant and Visible Progress A working oil company displaying ongoing operational and exploration success 2012 Approximately 120,000 barrels were sold Single processing from the Akkar East oilfield in 2012, and platform all…
Six Oil Discoveries in Two Fields 100 m J-50 J-51 J-52 J-53 J-55 J-58 J-59 Field OWC Six out of six wells have been discoveries (J-59 currently drilling) Field OWC 100m+ gross pay sections 9
Current Estimated Reserves: 24-37 mmbbl Following the drilling of only two wells, J-50 and J-52, Senergy attributed 2P reserves of 24 mmstb to Akkar East. (May 2011) An increased total of 37 mmbbl of C1+C2 reserves was approved by…
Southern ProspectMid Triassic According to our estimates, Block 31 each well in the Southern Prospect tests a potential J-55: flow rates reserve of 10 mmbbl and the expected Feb total structure could contain 2013 recoverable…
Block 31 - Permit Details BLOCK 31 EXPLORATION LICENCE TRIAL PRODUCTION LICENCE PRODUCTION LICENCE Permit issued December 2006 Ten years (6+2+2) Maximum of three years 25 years for commercial and 100% acquired by Jupiter in…
Well Status TPL awarded J50 ESP installed January 2013 Currently producing 300 bopd completion J55 ESP to be installed TPL awarded Flow rates in Feb J51 Currently producing 315 bopd Capable of 600 bopd J58 Mid-Feb 2013 flow…
The Way Forward Move to Production Licence and thus the exporting of oil from Akkar East field during 2014 whilst continuing to grow 2P reserves on southern acreage Complete workover of J-53 and begin trial production Flow testing…
Summary De-risked asset base 2P reserves of 24.2 mmbls (Senergy May 2011 CPR post J-50 and J-52 wells) Three exploration wells drilled and producing commercial oil (42 API) under trial production Fourth well undergoing work over…
Summary (contd) Attractive Kazakhstan fundamentals Favourable tax regime incentivises foreign investment Active oil & gas sector drives strong economic growth Significant international investment in oil: all Western, Russian and…
Expert Statements Triassic structure (Senergy May 2011 evaluation) The information in the May 2011 CPR document which relates to independent Triassic oil reserves (1P, 2P, 3P) and prospective resource (P90, P50, P10) is based on…
Definitions General mmbbls: million barrels mmstb: million barrels at stock tank conditions of 14.7 psi and 60 degrees Fahrenheit STOIIP: stock tank oil initially in place Recoverable oil: the stock tank oil-in-place considered to be…
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