I Investor t Presentation P t ti Tap Revitalisation 23 February 2012 www tapoil com au www.tapoil.com.au This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and…
Revitalisation of the Company Post recent events, including 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:…
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: C Commercial i l Transactions T i St Strong Financial Fi i l Position P iti Agreed to sell 12.2229% interest in All…
Core Focus Areas Carnarvon Basin, Western Australia WA-290-P, Zola-1 gas discovery WA-351-P, LNG gas exploration Thailand Manora oil development and exploration Ghana, Accra Block large scale high risk oil exploration 23…
Background on WA-351-P Permit (Tap 20%) Tallaganda-1 to be the first Triassic well in WA-351-P, well to spud Q1 2012 Triassic potential of 2-3 Tcf (gross) in a proven province, with further upside in the Jurassic Hess undertaking…
Tallaganda-1 Highly Prospective Tallaganda-1 in WA-351-P is a critical well for Tap and provides a near-term catalyst for significant value appreciation due to: BHP is Operator and will cover Taps share of costs up to US10 million…
Tallaganda-1 Technical Information Triassic target analogous to multiple discoveries in the region, e.g. Chrysaor & Dionysus 3 Tcf, Othrus 1.2 Tcf, Maenad 0.8 Tcf, Geryon 2.5 Tcf, Gorgon, Wheatstone & Iago 4.5 Tcf and Thebe 3 Tcf…
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 mean 2C resource of 378 Bcf (and up to 584…
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: Accra Contract Area ((Tap p 40.5%,, Operator) p ) Financially and politically stable regime Water depths 50 m to 2,500 2 500 m 3D seismic survey over deepwater leads completed in February y 2011 Multiple large…
Significant Activity Ahead Indicative Timing Near-Term Catalysts Tap Project Share Tallaganda-1 spudding in Q1 Q2 Q3 Q4 highly prospective WA-351-P Australia Carnarvon Basin in the Carnarvon Basin, WA. WA-290-P 10% Drilling Tap…
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. Tallaganda-1…
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 Tap Oil (ASX: TAP) is an independent oil and 1.2 gas exploration l i andd production d i company, 1.0 headquartered in Perth, Western Australia 0.8 0.6 The asset…
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 21 February 2012 Top 20 shareholders 65% Name Shares % HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 53,440,102 22.17 Institutional holders 55% NATIONAL NOMINEES LIMITED 21,667,799 8.99…
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