Investor Presentation November 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…
Corporate Profile Tap Price / Volume Chart Tap Oil Profile 1.00 Tap Oil (ASX: TAP) is an independent oil and 0.80 gas exploration and production company, 0.60 headquartered in Perth, Western Australia. 0.40 The Company is focused on…
Investment Case Revitalised company now primed for growth Exploration campaign underway in Gulf of Thailand Three-well drilling program in 2012 and up to three more wells in 2013 Production to commence from the Manora Oil Development…
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 Finucane Manora Oil Development Manora Oil Development construction first production Fletcher JV WA-351-P WA-290-P exploration well…
Diverse and Balanced Asset Portfolio Appraisal/ Production Exploration Development & Revenue Broad Portfolio Thailand Oil WA Gas WA Gas & Oil Manora Oil Development Third Party Gas contracts A30 million revenue per annum WA Shale…
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 Harriet JV to Apache for US10 All…
Core Focus Areas some of the worlds most prolific oil and gas provinces Thailand Manora Oil Development FID reached July 2012 Exploration drilling commenced in October 2012 Carnarvon Basin, Western Australia WA-351-P, Tallaganda-1…
Thailand 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 (6.1 mmbbls net to Tap)…
Thailand: 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…
Manora Oil Development Concept Total project cost estimated at US246 million (excluding abandonment). Taps share of cost is US74 million plus NGP carry US13 million Main components of the Manora Oil Field Development are: - Single…
Thailand: Exploration Near-Term Exploration Activity The 2012 exploration drilling program has commenced with three wells planned Two exploration wells have been drilled in the G1/48 concession The Manora-5 and Kinnaree-1 ST1…
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 November…
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 Q4 Q1 Q2 Q3 Q4 Australia, Carnarvon Near-Term Catalysts Basin WA-290-P 10% Drilling Completion of the Manora financing negotiations WA-351-P 20% Interpretation of well result…
Investment Case Revitalised company now primed for growth Exploration campaign underway in Gulf of Thailand Three-well drilling program in 2012 and up to three more wells in 2013 Production to commence from the Manora Oil…
Appendix 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 given…
Thailand: Manora Oil Development Source: Mubadala Petroleum - Thailand November 2012 220475.1 22
Capital Structure Top 20 Shareholders as at 31st October 2012 Top 20 shareholders 65% Name Shares % HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 46,761,673 19.38 Institutional holders 55% NATIONAL NOMINEES LIMITED 25,258,125 10.47…
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 Woodside Andrew has over 20 years of…
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