Investor Presenta,on Solo Oil AGM 12th August 2015 1
Who we are Solo Oil plc Junior Oil & Gas Investment Company specically focused on acquiring and developing a diverse global Non- operated porSolio of Oil & Gas assets Listed on the London AIM Market (SOLO) Market Capitalisa,on: 30m…
How we work Solo Oil is a AIM-listed strategic investment company with a diversied porSolio of in-producon, near producon and high impact exploraon projects to add value for our shareholders INVEST S E L E C T FOCUS In Oil&Gas…
Management An experienced team with a strong track record of delivery Neil Ritson Fergus Jenkins Donald Strang Sandy BarbleY C H A I R M A N E X E C U T I V E D I R E C T O R F I N A N C E D I R E C T O R N O N - E X E C D I R E C…
Tanzania Ruvuma & Kiliwani North 6
Ruvuma Basin PSA Operated by Encouraging results from licences strategically located in a proven gas region Solo Oil interest: 25% Operator: Aminex plc (Nduvo Resources) 75% LOCATION: 6,079-square km (Lindi and Mtwara licences)…
Regional Context The Ruvuma Basin PSA puts Solo Oil at the forefront of East Africas fron,er energy district The Ruvuma Basin covers onshore and oshore areas of Mozambique and Tanzania A total resource in excess of 100 TCF has…
Explora,on HISTORIC 1153 km of 2D seismic conducted, 1981-2002 The Ruvuma PSA is inves,ng to increase known reserves No wells drilled in the PSA, but wells drilled to the north at key loca,ons across its 6,079-square km licence area…
Successful ow test Proof that the Ntorya Discovery is highly prospec,ve for commercial oil & gas opera,on DISCOVERY: Ntorya-1 found gross 25 metres Mid- Cretaceous sandstones Total net sands 20 metres, clean with up to 20%…
Access to markets Ntorya-1 and the wider Ruvuma PSA benet from excellent access to the market through the regional Gas Pipeline connec,ng Dar es Salaam to Mnazi Bay MNAZI BAY-DAR ES SALAAM GAS PIPELINE 532-km pipeline linking Mnazi…
Kiliwani North Operated by Solo Oil interest: 6.5% Operator: Aminex plc (Nduvo Resources) 75% Status: Appraisal Kiliwani North will provide the Companys maiden produc,on and revenue from Tanzania Funding constraints and…
Kiliwani North A 2 km pipeline from the new Songo Songo gas processing facility is now complete and pressure tested A metering unit is being built within the boundaries of KNDL prior to tying-in the KN-1 wellhead All the…
Next Steps In Tanzania Solo Oil is working to op,mise the value of its interest in the Ruvuma PSA. This will mean maintaining a strong opera,onal and strategic focus OPERATIONAL STRATEGIC Oversee Aminexs development path, which Add…
UK Horse Hill Marriof 50 on Horse Hill 1 well 15
Horse Hill Solo acquired a 10% interest in Horse Hill Development Limited which is equivalent to a 6.5% interest in the Horse Hill prospect and in PEDL137 The discovery lies about 3 kilometres north of Gatwick Airport and…
Horse Hill Horse Hill-1, Drilled end of 2014 Located in onshore licences PEDL137-246 (55 square miles) Two main Reservoirs: Conven,onal Oil: Upper Portland sandstone reservoir in the HH-1 and Collendean Farm-1 structure Xodus…
Burj Africa 18
Burj Africa (Solo Oil holdings 20%) Burj Africa is a private UK registered company created with the purpose of par,cipa,ng in the current marginal eld licensing round in Nigeria Solo exchanged its shareholding in Pan Minerals for a…
Canada Ontario Reef Ausable reef well 20
Operated by Ontario Reefs Moving from small-scale produc,on to enhanced oil recovery Solo Oil interest: 28.56% Operator: Reef Resources Status: Development OVERVIEW: Plan to enhance produc,on of light oil and liquids rich natural…
Follow-on poten,al Operated by Opportuni,es to grow the EOR opera,on across the exis,ng licence footprint EXPLORATION POTENTIAL: 23,000-acre 3D survey has delineated numerous Ordovician reefs Several discoveries remain…
Summary 23
Building shareholder value Type a quote here. Building on its experience and a highly prospec,ve mul,-jurisdic,on asset base, Solo Oil is ac,vely working to build value for shareholders across a porSolio of in-demand commodi,es…
CONTACT US Solo Oil plc Suite 3-4B Princes House 38 Jermyn Street London SW1Y 6DN T: +44 (0) 20 7440 0642 F: +44 (0) 20 7440 0641 E: infosolooil.co.uk 25
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