Skip to main content December 2009 Investor Presentation – Tap Oil | Shale Experts
Loading...
Pm

December 2009 Investor Presentation – Tap Oil

Tap Oil · Dec 1, 2009 · 25 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. December 2009 Investor Presentation – Tap Oil – slide 1
    Tap Oil Limited Value Creation Through Exploration December 2009 www.tapoil.com.au 1
  2. December 2009 Investor Presentation – Tap Oil – slide 2
    The Tap Oil Story Tap Oil is an upstream Oil and Gas Company with substantial opportunities for growth through exploration backed up by a strong balance sheet and established production Key Strengths Established E&P portfolio…
  3. December 2009 Investor Presentation – Tap Oil – slide 3
    Exploration drilling in 2010 Exploration Area 2010 Indicative Drilling Activity & Timing Q1 Q2 Q3 Q4 Australia, HJV 1 to 6 wells (12.2%) Carnarvon Basin Targeting incremental reserves WA-351-P (25%) WA-290-P (20%) LNG scale gas…
  4. December 2009 Investor Presentation – Tap Oil – slide 4
    Tap Board & Management Strength Tap Oil operates with a strong independent board & experienced management team focused on building a growing, sustainable oil company Neale Taylor Doug Bailey Peter Lane Michael Sandy Chairman (Non…
  5. December 2009 Investor Presentation – Tap Oil – slide 5
    Activities Snapshot Exploration Brunei Block M (39%, Operator) Philippines Brunei Philippines SC41 (50%, Operator) Australia, North West Shelf WA-351-P (25%) WA-290-P (20%) WA-191-P (8.2%) Australia, Bass Basin T/47P (40%…
  6. December 2009 Investor Presentation – Tap Oil – slide 6
    WA-351-P Right time right place (Tap 25%) Permit potential of 2 12Tcf MAP WA-390-P AREA (Hess 100%) (gross) 20 leads identified in proven play WA types Extremely active region Mentorc-1 Hess have drilled 9 wells with 7…
  7. December 2009 Investor Presentation – Tap Oil – slide 7
    WA-351-P Right time right place (Tap 25%) Thebe & Jupiter (BHP 100%) 2-3 Tcf WA-351-P is on trend with major Planned Wheatstone development discoveries Possible Scarborough WA-351-P ideally located for either development NWSV…
  8. December 2009 Investor Presentation – Tap Oil – slide 8
    WA-290-P: Zola High Impact Gas Exploration Well (Tap 20%) MAP John Brookes Campbell Target: 1Tcf (recoverable) AREA WESTERN Wonnich Tap expect to drill second half 2010 AUSTRALIA Gorgon Spar Expected drilling cost A9-12M (net)…
  9. December 2009 Investor Presentation – Tap Oil – slide 9
    South East Asia Building a Circum-Borneo Portfolio Philippines - SC 41 Map Area Sabah Delta Multiple play types, drilling expected 1.5 BB Oil 3 TCF Gas Sandakan Delta in 2010 0.1 BB Oil 0.5 TCF Gas Very high potential block…
  10. December 2009 Investor Presentation – Tap Oil – slide 10
    Philippines SC41 (Tap 50%, Operator) Map Area SC56, Exxon drilling Prospect size 100-200mmbbl (recoverable) 2 wells within 3D SC-56 seismic survey Moderate risk Maturing prospects/ranking for drilling Expected well cost A20M (net)…
  11. December 2009 Investor Presentation – Tap Oil – slide 11
    Brunei Block M (Tap 39%, Operator) Appraising Belait 8 to 64 mmboe (gross Map recoverable) Location BRUNE I Low to Moderate risk (3D seismic cover) DAR U S SALAM Bandar Seri Bagawan Currently maturing prospects & ranking…
  12. December 2009 Investor Presentation – Tap Oil – slide 12
    Bass Basin T/47P: Overlooked Oil Potential (Tap 40%, Operator) Melbourne V I C T O R I A Smaller scale oil prospects Moderate risk (follow-up prospects to oil discovered in Cormorant-1 on MAP AREA modern 3D seismic) Maturing…
  13. December 2009 Investor Presentation – Tap Oil – slide 13
    New Ventures & Exploration A quality drilling program depends having the right acreage Tap seeks to add 1-2 high quality blocks to its portfolio each year 2-3 year lead time from acreage capture to drill-ready Maximum leverage by…
  14. December 2009 Investor Presentation – Tap Oil – slide 14
    Production Assets Woollybutt JV (15%) MAP ARE 2P Reserves1.4mmbbl (Dec 08) A WESTERN AUSTRALIA Varanus Island Facilities 5.1mmboe contracted gas (Dec 08) Harriet JV Multi-Field Production (12.223%) 2P Reserves 4.4 mmboe (Dec…
  15. December 2009 Investor Presentation – Tap Oil – slide 15
    Harriet Joint Venture - Oil and Gas Producing Assets (Tap 12.22%) MAP Montebello Islands Planning underway for drilling of up to AREA Campbell 6 prospects in 2010 Bambra development WESTERN well anticipated Additional Bambra…
  16. December 2009 Investor Presentation – Tap Oil – slide 16
    Woollybutt Oil Field (Tap 15%) Production commenced in May 2003 Woollybutt with recovery initially estimated to be 25 WESTERN mmbbls over 5 years (from 2 wells) AUSTRALIA Woollybutt South added in July 2008 30 mmbbls produced by…
  17. December 2009 Investor Presentation – Tap Oil – slide 17
    Contracted Third Party Gas Third Party Gas Revenues Tap secured 30 Bcf of gas in 2005 30 from the John Brookes JV (JBJV) at 25 2005 prices A Million 20 15 Taps JBJV sales contracts 10 commenced in September 2007 at 5…
  18. December 2009 Investor Presentation – Tap Oil – slide 18
    Capital Structure Top 20 Shareholders as at 9 November 2009 Listed on the ASX since 1996 Name Shares % 156.5 million shares on issue HSBC Custody Nominees (Australia) Ltd 24,178,503 15.45 HSBC Custody Nominees (Australia) Ltd - GSCO ECA…
  19. December 2009 Investor Presentation – Tap Oil – slide 19
    Strong Value Proposition Value of Tap Assets 0.70 per share value from 4.00 just cash (as at 30 Sept 2009) and discounted value of 3.50 locked in 3rd party gas contracts 3.00 Taps diversified production portfolio, producing…
  20. December 2009 Investor Presentation – Tap Oil – slide 20
    Poised for Growth Tap has A very active exploration programme in Financial Means + 2010: Large scale gas & oil prospects Opportunities + Exploration & Appraisal Onshore and Offshore Knowledge + Low to Moderate risk Numerous…
  21. December 2009 Investor Presentation – Tap Oil – slide 21
    Additional information APPENDICES 01/12/2009 115659.1 22
  22. December 2009 Investor Presentation – Tap Oil – slide 22
    North West Shelf Home of the Giants Thebe & Jupiter Wheatstone 4.5 Tcf Proven province with Kentish Knock (BHP 100%) 2-3 Tcf Recent gas many large gas fields NWSV fields Discovery Pluto/Xena 5 Tcf 30+ Tcf discovered in this region…
  23. December 2009 Investor Presentation – Tap Oil – slide 23
    WA-351-P: Preliminary 3D seismic interpretation Top Triassic Structural Surface 0 8 WA-351-P Kilometres Next stage of prospectivity assessment due to be completed by end 2009 Potential drilling in 2010 01/12/2009 115659.1 1. 24
  24. December 2009 Investor Presentation – Tap Oil – slide 24
    WA-351-P Four Proven Independent Play Types 2-12 Tcf of prospective resource identified on Upper Cretaceous to recent 2D seismic Lower Cretaceous E.g. Scarborough Initial 3D seismic interpretation indicates four proven play…
  25. December 2009 Investor Presentation – Tap Oil – slide 25
    WA-191-P: Fletcher Remapping (Tap 8.2% in permit) MAP AREA Fletcher recoverable volumes 5-10 WA-191-P mmbbl WESTERN AUSTRALIA Potential further Taps equity interest in Fletcher-3 & 4 is appraisal locations 10.9333% MUTINEER…

From the store

Browse maps, data & reports in the Shale Experts store