Bounty Oil and Gas NL Presentation to: Energy, Oil and Gas Investor Summit March 17 18, 2015 ASX Code: BUY Philip F Kelso - CEO Gas Plant Songo Songo Island
Bounty Oil & Gas NL Major Growth Projects with Production Base Recent decline in oil prices impacting but achieved 2.3 million in sales for 2014 Revenue to recover shortly by: Onset of commercial gas production at Kiliwani North in…
What we Aare going to discuss Bounty Financials Projects Upside AC/P 32 Tanzania AC/P 32 Azalea Prospect Overview Azalea Prospect Technical Tanzania Regional Kiliwani North Gas Development 3 Nyuni Deepwater Exploration
Financials Revenue for 2014 totalled 2.36 million Current assets: 2.576 million Balance sheet underpinned by conservatively valued reserves/resources Many projects in the pipeline ASX Code BUY As at 17- Mar-15 52 Week Price…
Projects Revenue: from Oil and Gas sales should stabilise at 2 million pa and Bountys lift to +4 million pa later in 2015. Core Exploration: especially in Cooper and Surat Basin western oil Threefold fairway Bounty has a range of…
Upside in 2014/2015 AC/P 32 AC/P 32 AC/P 32 Azalea Prospect: 100 200 MMbo target 24 km from Montana Field Timor Sea Active farmout discussions now underway BUY 100% 6
Upside-2014/2015 - Tanzania Kiliwani North Nyuni Block Kiliwani North Tanzania gas production commencing 2015 at rate of 364 Offshore barrels of oil equivalent per day (boepd) net to Bounty, work on pipeline and plant…
AC/P 32 (BUY 100%) Azalea Prospect Overview - Timor Sea Regional Setting AC/P 32 is located in the Vulcan Graben, Ashmore and Cartier Territory Surrounded by oil fields and numerous wells with good shows and Azalea volumes match…
AC/P 32 Timor Sea - Azalea Prospect Overview - Main Points Bounty has successfully delineated and de-risked the Azalea Prospect , ready for farmout Azalea contains potential 500 million barrels of oil (MMbo) in place in the…
AC/P 32 Azalea Prospect Overview - Path to Development Successful 100 plus million bbl oil discovery and appraisal via a two well farmout strategy of say 49% will provide a major multiplier to Bountys current share price Using a…
AC/P 32 Azalea Prospect Plan View The high impedance (high porosity) sands (golden hues) at Azalea are much more widespread than similar sands around Birch 1 The lateral seals are shown where the colours change to grey then blue…
AC/P 32 Azalea Prospect Seismic Section W E Accoustic Impedance essentially reflecting porosity in any given sand, shows that the sands at Azalea are very similar to known high porosity sands (24%) in the Puffin Formation at Birch…
AC/P 32 Azalea Prospect Hydrocarbon Indicators Many oil fields in the Timor Sea are associated with shallow diagenetic zones (HRDZ) and gas accumulations related to leakage of gas along late stage faults There is a well developed…
Tanzania - Regional Setting Deep water offshore Tanzania and Mozambique has seen over 170 TCF of gas discoveries in deep water channel/fan systems related to the Rufiji and Ruvuma Deltas Major players such as Exxon Mobil, Statoil,…
Kilwani North Gas Development (BUY 10%) Main Pipeline, new Gas Gas Sales Agreement First production very Plant and lateral to terms finalised, tie in to soon at 364 boepd net Kiliwani North Wellhead Kiliwani North well to…
Nyuni Deep WaterExploration (BUY 5%) Early Cretaceous channels are clearly visible on legacy seismic with anomalous amplitudes and possible flat spots directly up dip from the Chewa and Preza gas fields. Anomalous amplitudes are…
Summary Maintaining oil revenue but adding material revenues through new gas production in Tanzania Pursuing 100 200 Mmbo recoverable oil play at Azalea Prospect (AC/P 32) in Timor Sea with several parties interested in…
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