Investor Presentation December 2012 ASX Code TAP This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and outcomes. These are uncertain by the nature of the business and no…
Corporate Profile Board of Directors Tap Price / Volume Chart Douglas Bailey 0.90 Chairman (Non-Executive) 0.80 Troy Hayden Managing Director/CEO 0.70 Michael Sandy 0.60 Non-Executive Director 0.50 Douglas Schwebel 0.40 Non-Executive…
Corporate Profile Tap Oil Profile Market Data Tap Oil (ASX: TAP) is an independent oil Current Share Price A0.63 and gas exploration and production company, Shares On Issue 241 million headquartered in Perth, Western Australia. The…
Investment Case Revitalised company now primed for growth Production to commence from the Manora Oil Development in early 2014 11 year field life Production expected to ramp up to peak rate of 15,000 barrels of oil per day (gross)…
Revitalisation of the Company Managing Director/CEO, Troy Hayden began at Tap in December 2010 Since commencement, major initiatives have been taken to reshape Tap: Rejuvenated Board and Management Strict commercial culture…
Achievements and Future Milestones 2011 2012 2013 2014 Exit from Brunei Sale of interest in Finucane Manora Oil Development Manora Oil Development Fletcher JV construction first production WA-351-P pre-emption and resale Sale of…
Diverse and Balanced Asset Portfolio Appraisal/ Production Exploration Development & Revenue Broad Portfolio Broad Portfolio WA Gas WA Gas & Oil Manora Oil Development Third Party Gas contracts WA Shale Oil and Gas FID July 2012…
Active portfolio management delivering results Commercial transactions have bolstered funding and added value Commercial transactions Increased funding and value add Sold interest in Harriet JV to Apache for All liabilities relating…
Core Focus Areas some of the worlds most prolific oil and gas provinces Northern Gulf of Thailand Manora Oil Development FID reached July 2012 Exploration drilling commenced in October 2012 Carnarvon Basin, Western Australia…
Thailand: Manora Development & Exploration Development with Exploration Upside Located in Northern Gulf of Thailand Prospective Resources significantly increased since acquisition in October 2010 Current 2P Reserves of 20.2 mmbbls…
Manora Oil Development Progress Indicative Manora Oil Development Project Phasing 2011 2012 2013 2014 Field Development Plan Final Investment Decision Construction Development drilling Concept selection Award Engineering, FSO and…
Thailand: Exploration Near-Term Exploration Activity The 2012 exploration drilling program has commenced Two exploration wells have been drilled in the G1/48 concession The Manora-5 and Kinnaree-1 ST1 wells were drilled in G1/48…
Carnarvon Basin: WA-290-P & WA-49-R Zola-1 Major Gas Discovery Located on trend and immediately south of the giant Gorgon gas field RPS independently confirmed 378 Bcf of Contingent Resources sales gas (mean gross) and up to 584…
Carnarvon Basin: WA-351-P Tallaganda-1 Gas Discovery Tallaganda-1 was the first Triassic well in WA-351-P and was drilled early in 2012 The discovery straddles WA-351-P and WA-335-P Comprehensive suite of wire line logs Gas…
Carnarvon Basin: WA-320-P & WA-155-P (Part II) WA-320-P & WA-155-P Gas Prospect Located south of the Zola-1 discovery in a similar geological setting The Palmerston gas prospect straddles WA-320-P and the adjacent WA-155-P (Part…
Carnarvon Basin: Onshore SPA 5 AO & SPA 6 AO Targeting Shale Oil and Gas Rusa Resources holds full equity ownership in two special prospecting authorities (SPA) with acreage options (AO) The SPAs were granted to Rusa in December…
Ghana: Offshore Accra Contract Area Financially and politically stable jurisdiction 3D seismic survey over deepwater leads completed in February 2011 Several prospects and leads have been mapped with gross unrisked prospective…
Significant Activity Ahead Tap Project 2012 2013 Share Near-Term Catalysts Q4 Q1 Q2 Q3 Q4 Australia, Carnarvon Basin Completion of the Drilling WA-290-P 10% Manora financing Interpretation negotiations WA-351-P 20% of well…
Investment Case Revitalised company now primed for growth Production to commence from the Manora Oil Development in early 2014 11 year field life Production expected to ramp up to peak rate of 15,000 barrels of oil per day (gross)…
Appendix www.tapoil.com.au ASX Code TAP This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and outcomes. These are uncertain by the nature of the business and no assurance…
Thailand: Manora Oil Development Source: Mubadala Petroleum - Thailand 22
Tap Oil Senior Management Troy Hayden Managing Director / CEO Andrew Patterson Business Development Manager M.Fin B.Eng. (Chem. Eng), SPE Troy joined Tap in December 2010 after a 12 year career at Andrew has over 20 years of industry…
Contact Details Principal Registered Office Level 1, 47 Colin St, West Perth, WA 6005 T: +61 8 9485 1000 E: infotapoil.com.au ASX Code TAP This presentation contains some references to forward looking assumptions, representations,…
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