Investor Presentation 12 March 2012 www tapoil com au www.tapoil.com.au This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and outcomes. These are uncertain by the…
Revitalisation of the Company Post recent events and the sale of our HJV interest, Tap is a revitalised company with: Rejuvenated Board and Management Diverse Di suite i off attractive i upstream assets Exploration: Carnarvon…
Primed for Growth Taps Next Phase Vision: To become a leading mid-tier regional explorer and producer Tap is entering a new phase with the focus now on growth. growth Strong growth prospects in the existing portfolio: Tallaganda-1…
Balanced Asset Portfolio Appraisal / Production & Exploration p Development Revenue Broad Portfolio Thailand Oil WA Oil & Gas WA Gas & Oil Manora oil field development Third Party Gas contracts 30 million per annum Thailand Oil…
Strong Financial Position Recent commercial transactions have put Tap in a strong financial position: Commercial Transactions Strong Financial Position Agreed to sell 12.2229% interest in HJV All liabilities relating to the HJV…
Significant Activity Ahead in 2012 Indicative Timing Near-Term Catalysts Tap Project Share Tallaganda-1 commenced in Q1 Q2 Q3 Q4 highly prospective WA-351-P Australia Carnarvon Basin in the Carnarvon Basin, WA. WA-290-P 10%…
Core Focus Areas Carnarvon Basin, Western Australia WA-351-P, LNG gas exploration WA-290-P, WA 290 P Zola-1 Z l 1 gas di discovery Thailand Manora oil development (FID mid 2012) Exploration (up to 3 wells in H2 2012) Ghana,…
Prospective Tallaganda-1 Well Underway 1 March 2012: Atwood Eagle semi-submersible drilling rig commenced drilling the Tallaganda-1 exploration well To be drilled as vertical well in water depth of 1 1,141 141 m with a projected TD…
WA-351-P and Tallaganda-1 Background Tallaganda-1 is the first Triassic well in WA-351-P, well commenced 1 March 2012 Triassic target analogous to multiple discoveries in the region, e.g. Chrysaor & Dionysus, Othrus, Maenad,…
WA-290-P: Zola-1 Major Gas Discovery ((Tap p 10%)) Located on trend and immediately south of the giant Gorgon gas field, Zola-1 major gas discovery independently confirmed to contain a 2C resource of 346 Bcf (and up to 584 Bcf…
Thailand: Development with Exploration Upside (Tap 30%) Prolific oil and gas province; stable regulatory and fiscal regime Operated O t d by b experienced i d operator, t P Pearll E Energy 2P reserves of 6.1 mmbbls (Tap share)…
Ghana: Offshore Accra Contract Area ((Tap p 40.5%,, Operator) p ) Financially and politically stable jurisdiction 3D seismic survey y over deepwater leads completed in February 2011 Multiple large prospects in both th postt…
Investment Highlights Diversified portfolio of high-impact exploration and development assets Active exploration and development program scheduled for 2012 - Unique exposure to the highly prospective WA-351-P permit where…
Appendix www tapoil com au 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…
Corporate Profile Tap Oil Profile Tap Price / Volume Chart 1.2 Tap Oil (ASX: TAP) is an independent oil 1.0 and gas exploration and production 0.8 company, headquartered in Perth, 0.6 0.4 Western Australia 0.2 00 0.0 Feb Mar…
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…
Capital Structure Top 20 Shareholders as at 7 March 2012 Top 20 shareholders 65% Name Shares % HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 54,115,375 22.43 Institutional holders 55% NATIONAL NOMINEES LIMITED 22,267,527 9.23 J P…
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