Investor Presentation September 2012 www.tapoil.com.au This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and outcomes. These are uncertain by the nature of the business…
Corporate Profile Tap Price / Volume Chart Tap Oil Profile 1.2 1 Tap Oil (ASX: TAP) is an independent oil and 0.8 gas exploration and production company, 0.6 0.4 headquartered in Perth, Western Australia. 0.2 The Company is focused…
Investment Case Diversified portfolio of oil and gas assets across some of the worlds most prolific oil and gas provinces Revitalised company now primed for growth Strong commercial focus and active portfolio management proven…
Diverse and Balanced Asset Portfolio Appraisal/ Production Exploration Development & Revenue Broad Portfolio Thailand Oil WA Oil & Gas WA Gas & Oil Manora Oil Development Third Party Gas contracts approximately 30 million per WA…
Core Focus Areas some of the worlds most prolific oil and gas provinces Carnarvon Basin, Western Australia WA-351-P, Tallaganda-1 gas discovery WA-290-P, Zola-1 gas discovery Onshore SPA18 & 21 targeting shale oil and gas…
Revitalisation of the Company Managing Director/CEO, Troy Hayden began at Tap in December 2010. Since commencement, major initiatives have been taken to reshape the Company: Rejuvenated Board and Management Strict commercial…
Achievements and Future Milestones 2011 2012 2013 2014 Exit from Brunei Sale of interest in Manora Oil Development Manora first production Finucane Fletcher JV Construction WA-351-P Sale of interest in Harriet pre-emption and…
Primed for Growth Taps Next Phase Tap is entering a new phase with a focus on growth. Strong growth prospects in the existing portfolio include: Manora development (FID reached July 2012, first oil in 2014) Thailand exploration…
Active portfolio management delivering results Recent commercial transactions have bolstered funding and added value Recent commercial transactions Increased funding and value add Sold interest in HJV to Apache for All liabilities…
Significant & funded near-term activity planned Indicative Timing Near-Term Catalysts Project Tap Share 2012 2013 Q3 Q4 Q1 Q2 Q3 Ghana farmdown and Australia, Carnarvon Basin prospectivity update WA-290-P 10% Drilling Up to 3…
Thailand Development with Exploration Upside Located in Northern Gulf of Thailand Resources significantly increased since acquisition in October 2010 Current 2P Reserves of 20.2 mmbbls (6.1 mmbbls net to Tap) Ultimate…
Thailand: Manora Oil Development Indicative Manora Oil Development Project Phasing 2011 2012 2013 2014 Field Development Plan Final Investment Decision Construction Development drilling Concept selection Award Engineering, FSO…
Thailand: Manora Oil Development Manora Development Concept Main components of the Manora Oil Field Development are: Single well head platform Pipelines & risers to the Floating, Storage and Offloading (FSO) Unit FSO Unit moored,…
Thailand: Exploration Near-Term Exploration Activity New oil play in northern Gulf of Thailand Upcoming drilling program expected to commence in second half of 2012 with a drill rig already secured Multiple prospects have been…
Carnarvon: Basin WA-351-P Tallaganda-1 Gas Discovery Tallaganda-1 was the first Triassic well in WA-351-P Prospect straddles WA-351-P and WA-335-P Comprehensive suite of wire line logs Gas discovery confirmed in the Mungaroo…
Carnarvon: Basin WA-290-P Zola-1 Major Gas Discovery Located on trend and immediately south of the giant Gorgon gas field RPS independently confirmed 2C gross Resource of 346 Bcf and up to 584 Bcf (3C) (gross). Independent…
Carnarvon: Basin Onshore SPA18 & 21 Targeting Shale Oil and Gas Rusa Resources holds full equity ownership in two special prospecting authority (SPA) applications (STP-SPA-018 and STP-SPA- 021) Potential to convert up to 50% of…
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…
Recap - Investment Case Diversified portfolio of oil and gas assets across some of the worlds most prolific oil and gas provinces Revitalised company now primed for growth Strong commercial focus and active portfolio management…
Appendices www.tapoil.com.au 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 can be…
Reserves / Resource Outlook Reserves/Resource Size (mmboe) Timing (to 2P reserves) Proved & Probable Reserves (2P) 6.1 as at 31 Dec 2011 Third Party Gas* 2.9 as at 31 Dec 2011 Contingent Resources (2C) Zola / Antiope 6.8 2014/15…
Capital Structure Top 20 Shareholders as at 4 September 2012 Name Shares % Top 20 shareholders 65% HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 45,847,856 19.00 Institutional holders 55% NATIONAL NOMINEES LIMITED 24,037,805 9.96 J P…
Tap Oil Senior Management Troy Hayden Managing Director / CEO Blaine Ulmer Engineering & Development Manager M.Fin B.Sc Troy joined Tap in December 2010 after a 12 year career at Woodside Blaine has 30 years of onshore and offshore…
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