Skip to main content August 2014 Investor Presentation – Africa Oil Corp. | Shale Experts
Loading...
Pm

August 2014 Investor Presentation – Africa Oil Corp.

Africa Oil Corp. · Aug 1, 2014 · 24 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. August 2014 Investor Presentation – Africa Oil Corp. – slide 1
    An Oil Pioneer of Onshore East Africa Corporate Presentation August, 2014 A Lundin Group Company AOI TSX and NASDAQ OMX
  2. August 2014 Investor Presentation – Africa Oil Corp. – slide 2
    A FRONTIER EXPLORATION SUCCESS STORY Share Valuation Underpinned with Lokichar Discoveries Petroleum System proven with 8 discoveries with over 600 MMBO discovered oil* and upside potential of 1 to 3 billion barrels of oil.…
  3. August 2014 Investor Presentation – Africa Oil Corp. – slide 3
    THE NEXT NORTH SEA Lokichar Basin Confirmed as major oil province 11 more basins and 100+ prospects to go Tertiary/Cretaceous Rifts North Sea reserves: Unrisked gross best estimate of prospective resources: 23 BBO1 60+ BBO…
  4. August 2014 Investor Presentation – Africa Oil Corp. – slide 4
    2014 Lokichar Basin Exploration/Appraisal Program 2014 Wells: Lokichar Sub-basin Time Structure Map Top Lokhone Shale Amosing-1, 2, 2A Discoveries 3D Extension Etom Ewoi-1 Discovery North Etom Etom Emong-1 Sub-commercial…
  5. August 2014 Investor Presentation – Africa Oil Corp. – slide 5
    Main Reservoir Types- South Lokichar Basin 1 Auwerwer Sandstones: stacked good quality thick reservoirs along western side of basin. Rates in the 1000s of barrels per day. Prospective along eastern side (oil shows present). 1 2…
  6. August 2014 Investor Presentation – Africa Oil Corp. – slide 6
    Appraisal Progressing at Ngamia & Amosing Field limits extended by recent wells Formline Structure Ng-2 Ng-3 Ngamia-3 and Amosing-2 extend field limits Ng-4 Ngamia 1a 3 wells in each field confirm Ngamia Am-2 thick…
  7. August 2014 Investor Presentation – Africa Oil Corp. – slide 7
    Ngamia Field Appraisal Wells Ngamia-3 confirms downdip extension of several pools Increase in contingent resources High net-pay and stratigraphic continuity confirmed in wells Ngamia 3 Ngamia 2 Ngamia 4 Ngamia 1A Approx.…
  8. August 2014 Investor Presentation – Africa Oil Corp. – slide 8
    Amosing Field Appraisal Amosing-2, 2A extends pools beyond closures High net pay confirmed in all 3 wells Amosing 2a Amosing 2 Amosing 1 Field likely extends southeast Extended well testing to begin Q4, 2014 Amosing-2 extends…
  9. August 2014 Investor Presentation – Africa Oil Corp. – slide 9
    Etom Prospect Etom North Enlarged Map Best-Estimate Gross 5-20m net oil pay Resources 234 MMBO COS: 21-25% Etom Northwest Etom East Greater than 400m gross Best-Estimate Gross Resources Best-Estimate Gross Resources reservoir,…
  10. August 2014 Investor Presentation – Africa Oil Corp. – slide 10
    Ekosowan Prospect Well located with newly-acquired 3D Tests southerly extent of Lokichar Basin Also tests extension of Amosing pools that appear to have stratigraphic trapping component Enlarged Map Ekosowan Ekosowan, Spud…
  11. August 2014 Investor Presentation – Africa Oil Corp. – slide 11
    South Lokichar Basin Building World Class Resource Base Program to be completed by end 1Q 2015 High quality Auwerwer reservoirs porosity 15-30%, permeability 50mD to multi-Darcy Exploration wells Appraisal wells Significant net oil…
  12. August 2014 Investor Presentation – Africa Oil Corp. – slide 12
    East Africa regional oil export pipeline taking shape Kenya & Uganda Governments agree regional crude oil pipeline from Uganda through Kenya Lapsset road from Lamu to Nadapal on Kenya-Sudan border in detailed design by Kenya…
  13. August 2014 Investor Presentation – Africa Oil Corp. – slide 13
    Fast track World Class development project CPF Schematic Ngamia-1 Well Site Proven prolific light oil South Lokichar basin that exceeds threshold volumes for development Explore, appraise and develop simultaneously Modular CPF…
  14. August 2014 Investor Presentation – Africa Oil Corp. – slide 14
    New Basin Exploration, Next 18 months Anza- Sala-2 Appraisal Spud August 2014 Central Kerio- Kodos Spud Q3, 2014 North Kerio- Epir Spud Q4, 2014 West Omo- Engomo Spud end 2014 Abaya-Chamo North Turkana- North Samaki Spud…
  15. August 2014 Investor Presentation – Africa Oil Corp. – slide 15
    Comparison of Central Kerio & South Lokichar Basins South Turkana Lake Basin Closest connection with North Kerio Basin source rock seen on seismic Block 10BA Similar basin style: asymmetric half-graben North Lokichar Basin…
  16. August 2014 Investor Presentation – Africa Oil Corp. – slide 16
    Kodos Prospect, Central Kerio Basin Kodos to spud Q3, 2014 Kodos Possible basin-opener for South Kerio Dyepa S Kerio G Ngamia-style traps Tilia 20km Several follow-on prospects mapped S Kerio D S Kerio E Lukwa (formerly…
  17. August 2014 Investor Presentation – Africa Oil Corp. – slide 17
    Epir Prospect (formerly Aze) North Kerio Basin Time Structure Lower Pliocene Marker 5km Block 10BA Block 10BB Epir: 343 MMBO Best-Estimate Gross Resources Resource estimates are gross best estimates of prospective…
  18. August 2014 Investor Presentation – Africa Oil Corp. – slide 18
    North Turkana Basin Prospects Engomo Mrkr 5 Western Shore Engomo Mrkr 1 Lake Shaba Turkana Kifaru Samaki (projected) Kifaru Onshore Marine Large prospects, different Gas play types, drillable from Samaki…
  19. August 2014 Investor Presentation – Africa Oil Corp. – slide 19
    Block 9 Anza Graben Sala-1 Gas Discovery & Sala-2 Appraisal Cretaceous Basin on trend with South Sudan with over 6 billion barrels of oil discovered along trend Sala-1 Gas Discovery flowed 6.0 mmcfd - Oil recovered in small…
  20. August 2014 Investor Presentation – Africa Oil Corp. – slide 20
    Basin Opening Strategy 2013/2014 New Basin De-Risking Schedule New Basin De-Risking Gross Best Estimate Unrisked Prospective Resources Best Estimate Net Unrisked & Risked Prospective Resources 1H 2H mmbo 2015+ 2014 2014 9,000 Net…
  21. August 2014 Investor Presentation – Africa Oil Corp. – slide 21
    What you will see by end 1Q 2015 (Timing of well results) 3Q 2014 4Q 2014 1Q 2015 Engomo (N. Turkana 1) Basin Openers Sala-2 Kodos Epir N. Samaki (Anza) (C. Kerio 1) (N.Kerio 1) (N. Turkana 2) Lokichar Drill Out Etom Ekosowan…
  22. August 2014 Investor Presentation – Africa Oil Corp. – slide 22
    AOI Corporate Summary Graduated to TSX May 2014 and NASDAQ OMX main board July 2014. Funding 2014 Forecast O&G Expenditures (gross): 814MM Funding in place through mid-2015 450MM equity issuance completed Oct-2013 Cash: 350.1MM…
  23. August 2014 Investor Presentation – Africa Oil Corp. – slide 23
    Opportunity Summary Africa Oil has the best onshore acreage position in East Africa, and perhaps the largest upside exploration portfolio in the world The Ngamia, Twiga, Etuko, Ekales, Agete, Amosing, Etom and Ewoi discoveries have…
  24. August 2014 Investor Presentation – Africa Oil Corp. – slide 24
    AOI has a Strong Management Team Keith Hill, President and CEO Mr. Hill has over 27 years experience in the oil industry including international new venture management and senior exploration positions at Occidental Petroleum and Shell…

From the store

Browse maps, data & reports in the Shale Experts store