Key facts ASX 100 company with a market capitalisation of A2.2 billion1 Largest Australian onshore oil producer Strong balance sheet with cash of 428 million2 Undrawn secured debt facility of 300 million FY14 sales revenue on…
Cooper Basin acreage Prolific gross acreage position of over 56,000 km2 generating 99% of current production 5
FY14 actual and forecast production Production of 7.3 MMboe to March 2014 9.6 MMboe to Production mix: 46% gas and gas liquids, Gas* 1.01.3 MMboe 9.2 MMboe (6-7 PJe) 54% oil Production anticipated at the upper end 8.0 MMboe…
Reserves and contingent resources 2P: 93 MMboe 2P and 2C: 542 MMboe Gas and gas liquids Unconventional 71 MMboe Gas and gas liquids 2P reserves 319 MMboe 93 MMboe Oil 22 MMbbl Conventional Gas and gas liquids 113 MMboe…
Cooper Basin Western Flank 8
Western Flank High net back for oil and wet gas Quick drill and tie-in, high flow rates Excellent geological understanding Established infrastructure 250 kilometres of flowlines 10 facilities and five trucking points 40 oil wells…
Western Flank oil migration path 10
PEL 91 Pennington field appraisal Beach 40% and operator, Drillsearch 60% Appraisal program to evaluate field size prior to production facility design 3D seismic coverage with the Aquilus and Caseolus surveys Pennington North-1…
SACB JV and SWQ JVs Conventional gas 12
SACB JV and SWQ JVs Significant acreage with substantial reserves base 20.21% in the South Australian Cooper Basin Joint Venture (SACB JV) and 20-40% in the South West Queensland JVs (SWQ JVs) Gross area covered by various joint…
Cooper Basin unconventional gas 14
Unconventional positioning Strategically targeted three key basins for unconventional acreage Cooper Basin activity: Nappamerri Trough Natural Gas with Chevron and Icon SACB JV unconventional REM and BCG plays Otway and Bonaparte…
The keys to unconventional success Uncovering sweet spots with focused activity around them Well profiles a key focus Process improvements and technology to drive efficiencies Costs to be driven down by efficiencies and scale…
Unconventional wells 17
Nappamerri Trough Natural Gas A staged and methodical exploration and appraisal program Delineation of a significant untapped resource Multiple formations present Aerially extensive with permits covering more than 800,000 acres…
Exploration and appraisal cross section Note: Well locations are approximate only and may have been shifted to show their correct structural position on the cross section 19
NTNG update PEL 218 Retention licenses offered for up to 15 years Should project proceed to development, tenure may be extended by conversion to production license Nepean-1 flowback through 22/64 choke at 1.3 MMscfd Marble-1 work…
NTNG update ATP 855 Etty-1 reached a total depth of 3,807 metres Condor Energy Services Ltd: Awarded four well fracture stimulation program Newly established Australian company International and Cooper Basin experience New…
Other Australia 22
Otway Basin 23
PEL 494 and 495 update Beach 70% and operator, Cooper Energy 30% Jolly-1 ST1 Reached a total depth of 4,026 metres Intersected thick sections of shale and sandstone with elevated gas readings Core retrieved from the Lower Sawpit…
PEL 494 and 495 cross section 25
Bonaparte Basin Beach earning up to 90% in EP 126 from Territory Oil and Gas Pty Ltd 6,500 km2 of high resolution aeromag and gravity survey completed Ensign 965 rig being mobilised Cullen-1 well expected to spud in May Up to…
Cooper Basin Eastern Flank ATP 732 (Beach earning 50%, Bengal Energy Ltd 50%) Located between the Jackson (50 MMbbl of oil produced) and the Kenmore/Bodalla (20 MMbbl of oil produced) fields 300 km2 Nassarius 3D seismic survey…
International 28
Egypt Country status Recent history of political volatility and unrest Business as usual from an operations standpoint Growth potential Targeting material oil prospects Abu Sennan success within the El Salmiya field Beach value…
Tanzania Lake Tanganyika South Block Beach 100% Block area 7,200 km2 Natural oil seeps indicate a working petroleum system 2,080 kilometre 2D seismic survey completed in August 2012 Extensive structuring confirmed, similar to…
Romania Est Cobalcescu block Beach 30%, PetroCeltic 40% and operator, Petromar 30% 1,000 km2 with 3D seismic coverage Water…
Contact Information Head office 25 Conyngham Street Glenside SA 5065 Tel: +61 8 8338 2833 Fax: +61 8 8338 2336 Website: www.beachenergy.com.au Chris Jamieson General Manager Investor Relations Tel: +61 8 8338 2833 Mob: +61 8…
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