Empyrean Energy Plc. Investor Presentation June 2013 1
Investment Highlights Growing Oil & Gas Producer and Explorer with advanced exploration and production assets in the USA Excellent infrastructure and proximity to energy markets Aggressive exploration and development programme…
Financial Highlights Full Year results to 31 March 2013: Revenues increased by 119% to 5.89 million (2.69 million in 2012) NPAT increased by 198% to 2.01 million (675,000 in 2012) US50 million Macquarie Bank loan put in place…
Corporate Structure Capital Structure Board of Directors LSE: AIM: EME CEO / Exec Director Tom Kelly 12 month share price range: 5.5p 9.25p Technical Director Frank Brophy Shares in Issue: 220.4 million Non-Executive Chairman…
Projects Summary Sugarloaf AMI, South Texas (WI 3-10.2%) Operator: Marathon Oil Exciting success as development of new condensate / gas discoveries, onshore Texas continues with Marathon Oil Corp. as operator Eagle Ford Shale is…
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Sugarloaf Project Sugarloaf AMI is an Eagle Ford Shale play in south Texas Approximately 24,300 gross acres 729 net acres Empyrean has an av. 3%* interest in the Sugarloaf Project 2P reserves of 4.3 million barrels of oil…
Operator Marathon Oil Marathon Oil Corp. (www.marathonoil.com), operator of Sugarloaf AMI S&P 500 company and experienced operator/partner Agreed over US5 billion of Eagle Ford acquisitions 2013 Eagle Ford budget of US1.9 billion…
Sugarloaf AMI acquisitions Aurora Oil and Gas (ASX:AUT; www.auroraoag.com.au) has made two recent acquisitions: August 2012 Takeover of former partner Eureka Energy for AUD107 million completed Eurekas main asset was a 6.25%…
Sugarloaf Project Statistics Empyrean net wellhead production of gas, condensate and combined barrel of oil equivalent monthly from April 2012 March 2013 20000 18000 18000 16000 16000 14000 14000 12000 Condensate (Net to…
Sugarloaf Well Spacing 12 Empyrean Energy Plc.
Sugarloaf Well Spacing 13 Empyrean Energy Plc.
Sugarloafs Central Facility Separation of oil, water Treat oil to sales quality Oil storage Water storage Sales meters Gas processing Gas compression Expandable 14 Empyrean Energy Plc.
Eagle Oil Project (California) Valuable future project for the Company with large equity position: Eagle North1 well: 13.4 metres net pay from a gross 21 metres in the vertical well in the target sands Mechanical failure…
Riverbend Project, Texas EME has a 10% stake in The Riverbend Project EME shares recently advanced over 8% after revealing results of the Cartwright-1H well, which successfully recompleted in Wilcox zone In first 7 days, Well…
Management Patrick Cross: Non-Executive Chairman Dr Cross is experienced in corporate finance, organisation structures, marketing and joint venture operations. His previous positions include 25 years with British Petroleum…
Empyreans Future Plans Aggressive exploration and development programme at Sugarloaf AMI to continue with initiatives underway to increase production, recoveries and reserves Leverage from development and exploration upside…
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