2015 High Impact Exploration Drilling INVESTOR PRESENTATION April 2015 ASX: OEL
Otto value proposition 100% cash backed with fully carried exploration well in Q3 2015 Strong Financial Position Philippines Exploration Tanzania Exploration US102M IN CASH AND FREE CARRIED, HIGH NEW, HIGHLY PROSPECTIVE DEBT FREE…
Capital Return to Shareholders F Otto proposes to pay a capital return to shareholders of A0.064 per share in cash F Capital return allows Otto shareholders to participate in substantial upside delivered from the divestment…
Focused Strategy Ottos strategy to be an integrated petroleum company remains unchanged. We will continue to build shareholder value through successful exploration, which we aim to convert into production. CREDIBLE PHILIPPINES EAST…
Clear Regional Focus PHILIPPINES EXPLORATION SC55 (Hawkeye/Cinco) 78.18% WI and operator US24.5m funding by Deep water exploration BHBP1 Hawkeye exploration well Otto is fully funded for to be drilled in Q3 2015 Hawkeye exploration…
Philippines SC55 (OTTO 78.18% OPERATOR) 7
SCon Free carried 55 high SC55 Permit Status impact exploration Otto is operator with 78.18% interest Sub-Phase 4 contains a commitment to drill exploration well by 23 December 2015 Carbonate Prospect Exploration and Drill…
Free carried on high Joint Venture impact exploration Structure Otto Philippines Inc (a subsidiary of Otto): 45.00% Otto Energy Investments Ltd (a subsidiary of Otto): 33.18% Red Emperor Resources NL (ASX:RMP): 15.00% Palawan 55…
Philippines Exploration: Hawkeye Prospect SC55 Hawkeye Prospect Location Offshore, SW Palawan Area of Closure 50 km2 Up to 500m column height Water Depth 1,788 metres Objective Depth 2,887 metres STOIIP, 87 - 484 - 1,539 mmstb…
Philippines Exploration: Cinco Prospect SC55 Cinco Prospect Area of Closure Water Depth 53 km2 1,430 metres Up to 500m column height mss CINCO Objective Depth 3,120 - 4,500 metres 3200 GIIP 0.9 - 2.4 - 6.3 Tscf 3400 (Low - Best…
Philippines Exploration: An impressive gas and condensate portfolio, developed on an emerging major regional trend, SC55 Additional Leads Post Hawkeye/Cinco parallel to the island of Palawan Arithmetically Aggregated Best Estimate…
Tanzania (OTTO 50% WI) 13
Ottos Tanzania Position HISTORY is a Material First Step Pre 2006 No material exploration success EXPLORATION SUCCESS AND OTTO ACREAGE 2006 First discovery in Uganda South Omo Block (Ethiopia) 2008-09 Further discoveries result…
High WI in permits covering Work completed to prospective basins date has provided encouraging results 2012: Completed airborne gravity, magnetic surveying and sampling over Kilosa-Kilombero and Pangani five potential basin areas…
Kilombero Basin analogous Kilombero Basin to Lokichar Basin appears analogous to the Lokichar Basin in Kenya Kilombero interpreted as Neogene- age basin with a depth to basement in excess of 3,000m Comparison with Lokichar Basin…
Kito prospect best estimate 60.4 MMbbl Net Prospective Resource Robust rollover structure into basement footwall No evidence of crestal faulting / trap breach Possible brightening over crest The estimated quantities of…
Additional Information 18
Strong Capital Structure: 100% Cash backed with Free-Carried Exploration Otto is fully cash backed with a free-carried, high impact exploration well to be drilled in Q3 2015 % Market Capitalisation in Cash 150% 100% 50% 0%…
Experienced Board & Management Team Rick Crabb Chairman. Matthew Allen Chief Executive Officer. BJuris (Hons), LLB, MBA BBus, FCA, FFin, GAICD Former energy, resources and corporate lawyer with over Global exposure to the upstream oil…
Further Information View the latest ASX View the latest View the latest Announcements Annual Reports Analyst Research View the latest View the Investor View Share Price BRR Media Fact Sheet Information…
Investor Queries: Media: MATTHEW ALLEN MATTHEW GERBER OR RICHARD GLASS Chief Executive Officer MAGNUS Corporate and Financial Communication OTTO ENERGY LIMITED Ph: +61 8 6467 8800 Ph: +61 8 6160 4900 Email: infoottoenergy.com Email:…
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