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Asian Roadshow Presentation – Drillsearch Energy, Ltd.

Drillsearch Energy, Ltd. · Dec 6, 2013 · 36 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. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 1
    ASIAN ROAD SHOW PRESENTATION A pure Cooper Basin producer and explorer 3-6 DECEMBER 2013
  2. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 2
    General Overview The Plan The Projects Appendices BRAD LINGO IAN BUCKNELL MANAGING DIRECTOR CHIEF FINANCIAL OFFICER
  3. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 3
    AS I A N R O AD S H O W Investment Highlights P R E S E N T AT I O N Pure Cooper Basin focus highly leveraged to key equity investment themes Focused strategy delivering consistent strong reserve and production growth leveraged…
  4. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 4
    AS I A N R O AD S H O W Corporate Profile P R E S E N T AT I O N Financial Share Price Performance (Since 1 Jun 2011) ASX Ticker ASX: DLS 375% S&P/ASX Index ASX 200 325% Market Cap (Am) 547 275% Shares on Issue (m) 432…
  5. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 5
    Drillsearch A material Cooper Basin player AS I A N R O AD S H O W P R E S E N T AT I O N Drillsearch is the only pure Cooper Basin focused company 5
  6. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 6
    AS I A N R O AD S H O W A year of record results and were in the black P R E S E N T AT I O N Change on 2012 Reserves* 28.5 mmboe 157% Production 1.1 mmboe 173% Revenue 102.2 million 356% Reported NPAT 45.1 million 351%…
  7. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 7
    AS I A N R O AD S H O W A year of record results P R E S E N T AT I O N 2P Reserves up 157% Net Production up 173% Sales Revenue up 356% Proven Probable 28.5 Oil Gas 102.2 Millions mmboe 11.1 8.5 22.4 14.4 10.0…
  8. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 8
    AS I A N R O AD S H O W FY 2014 How are we doing so far P R E S E N T AT I O N Net Production Oil Gas YTD FY 2014* FYE 2013 2.3 - 2.5 Total Production (mmboe) 1.14 1.06 mmboe 1.1 1.1 Sales Revenue (M) 122.2 102.2 0.4 0.2…
  9. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 9
    General Overview The Plan The Projects Appendices
  10. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 10
    AS I A N R O AD S H O W Our strategy remains unchanged P R E S E N T AT I O N Focused use of all of our human and financial capital Target our numerous, high return oil exploration prospects Commercialise our substantial…
  11. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 11
    AS I A N R O AD S H O W Why the Cooper Basin P R E S E N T AT I O N Three factors are driving the Cooper Basin and investor interest: Growth in Oil Production - Dramatic growth in oil exploration success with the emergence of the…
  12. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 12
    AS I A N R O AD S H O W Cooper Basin Social License to Operate P R E S E N T AT I O N Long history of successful oil and gas operations Few landholders but all experienced in successfully co-existing with oil and gas operations…
  13. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 13
    AS I A N R O AD S H O W The Australian US interests growing P R E S E N T AT I O N 11 October 2013 13
  14. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 14
    AS I A N R O AD S H O W East Coast Gas Once-in-a-generation opportunity P R E S E N T AT I O N Cooper Basin is the best placed oil and gas province to supply east coast gas demand and Drillsearch is well positioned to capitalise of…
  15. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 15
    AS I A N R O AD S H O W Poised to capitalise on East Coast gas demand P R E S E N T AT I O N Drillsearchs capacity to supply gas is increasing while both LNG and uncontracted domestic gas demand is emerging from 2012-17 15
  16. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 16
    AS I A N R O AD S H O W Cooper Basin gas prices will be robust P R E S E N T AT I O N Woodmac, Chenier company releases & presentations; JP Morgan & broker reports Transport to terminal of 1.30 Processing of 4.25 2 Plant losses…
  17. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 17
    General Overview The Plan The Projects Appendices
  18. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 18
    AS I A N R O AD S H O W Oil Business - Highlights P R E S E N T AT I O N Key Data Net Acreage: 12,000 km FY2013 Production: 775,374 bbls FY2013 Revenues: A91.3m Q1 2014 Production (BOPD) 7,624 bbls Q1 2014 Production: 701,419…
  19. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 19
    AS I A N R O AD S H O W Oil Driving near-term growth P R E S E N T AT I O N Key deliveries in FY 2013 Major Reserves upgrades through Bauer Oil Field appraisal program Expansion of Bauer production plant to 33,000 BOFPD…
  20. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 20
    AS I A N R O AD S H O W Oil The road ahead P R E S E N T AT I O N PEL 91 Western Flank Oil Fairway Bauer focus How do we deliver the plan. Robust portfolio of 10 existing discoveries in Western Flank Oil Fairway Current…
  21. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 21
    AS I A N R O AD S H O W Wet Gas Business - Highlights P R E S E N T AT I O N Key Data Net Acreage: 4,200km Gas: 147,320 boe FY 2013 Production: NGLs: 76,710 boe FY 2013 Revenues A10.9m Q1 2014 Production (BOEP) 1,608 boe Gas:…
  22. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 22
    AS I A N R O AD S H O W Wet Gas Positioned for growth P R E S E N T AT I O N Key deliveries in FY 2013 New long-term sale agreement with SACBJV delivers strong gas sales Canunda discovery tie-in to Middleton Gas Plant delivers…
  23. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 23
    AS I A N R O AD S H O W Wet Gas The road ahead P R E S E N T AT I O N Western Wet Gas Fairway How do we deliver the plan. Existing Middleton-Brownlow Wet Gas Project and step-out discoveries can maintain existing production levels…
  24. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 24
    AS I A N R O AD S H O W Unconventional Business - Highlights P R E S E N T AT I O N Key data Net acreage 3,160km Mean Recoverable Prospective Resources Shale Gas: 24 TCF Basin Centred Gas: 8 TCF 3D Seismic Coverage…
  25. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 25
    AS I A N R O AD S H O W Unconventional Transformational potential P R E S E N T AT I O N Key deliveries in FY 2013 Completed DLS-operated Winnie 1,054km2 3D seismic program largest, highest specification 3D acquired onshore…
  26. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 26
    Unconventional The road ahead AS I A N R O AD S H O W P R E S E N T AT I O N ATP 940P Central Unconventional Fairway How do we deliver the plan. Four well initial exploration/delineation drilling and fraccing program already…
  27. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 27
    Current ATP 940P Work Plan AS I A N R O AD S H O W P R E S E N T AT I O N Book 2C Book 2C Resource Resource (2 wells) (4 wells 2013 2014 2015 tested) Activity Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Q Q Q Q Q Q Q Q Q Q…
  28. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 28
    AS I A N R O AD S H O W The road ahead P R E S E N T AT I O N Drillsearch is focused on delivering over the next 3 years Oil Fully developing its large pool of oil discoveries, executing expanded 3D-based exploration programs and…
  29. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 29
    Active drilling in all businesses AS I A N R O AD S H O W P R E S E N T AT I O N 2013 2014 2015 DLS Permit Operator Total % Sept Dec Mar Jun Sept Dec Mar Jun Q Q Q Q Q Q Q Q Oil 60- Western Flank 43 BPT/SXY 15 Eastern Margin…
  30. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 30
    Delivering for shareholders Near-term catalysts AS I A N R O AD S H O W P R E S E N T AT I O N Wet Gas Unconventional Oil Exploration Wet Gas Commercialisation Drilling Program Drilling Program Commercialisation STO commences…
  31. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 31
    Outlook highlights AS I A N R O AD S H O W P R E S E N T AT I O N Our vision is to become a leading Australian mid-tier oil and gas exploration and production company Focused strategy delivering consistent, strong reserve,…
  32. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 32
    General Overview The Plan The Projects Appendices
  33. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 33
    AS I A N R O AD S H O W Reserves and Resources P R E S E N T AT I O N Net Reserves and Contingent Resources as at 30 June 2013* 1P 2P 3P Business Segment Reserves mmboe mmboe mmboe Western Flank Oil 5.05 7.58 11.30 Western…
  34. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 34
    AS I A N R O AD S H O W Strong Management Team and Board P R E S E N T AT I O N Brad Lingo Ian Bucknell David Evans Margaret Fittler Peter Fox John Whaley Managing Director Chief Financial Officer Chief Technical Officer General…
  35. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 35
    AS I A N R O AD S H O W Committed to HSE and good corporate citizenship P R E S E N T AT I O N HSE no lost time injuries Prioritize importance of corporate social responsibility Corporate governance upheld to highest…
  36. Asian Roadshow Presentation – Drillsearch Energy, Ltd. – slide 36
    Contact Information HEAD OFFICE LEVEL 16 55 CLARENCE STREET SYDNEY NSW 2000 PH: +61 2 9249 9615 FX: + 61 2 9249 9630 E: ADMINDRILLSEARCH.COM.AU W: WWW.DRILLSEARCH.COM.AU BRAD LINGO MANAGING DIRECTOR IAN BUCKNELL CHIEF FINANCIAL OFFICER…

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