Corporate Presentation April 2016 November 2013 TSX:CPI www.condorpetroleum.com
Executive Summary Condor is a TSX-listed junior oil & gas Ortakoy Licences in Turkeys Thrace Basin company based in Calgary, Canada Well-capitalized with a diverse asset base 100% working interests in licences in northwest Turkey…
Condor Snapshot Capital Markets 2016 Focus and Catalysts TSX Symbol CPI Develop the Poyraz Ridge gas field Begin facility and pipeline construction Drill up to 4 development wells Common Shares 43.3 million Obtain the Poyraz…
Northwest Turkey: Ortakoy Licenses Ortakoy licenses cover 171 km2 in Turkey is one of Europes Hubs for Natural Gas Supply northwest Turkey 4 contiguous production licenses awarded in November 2015 100% working interest 50 km…
Proven Gas in Early Stage Development 4 Production Licences with ITGI pipeline transecting Extensive seismic coverage 472 km of 2D lines 16 km2 3D over Poyraz Ridge Field Gas discovered on 5 of 7 structures drilled to-date D&M…
2016 Ortakoy Upside North Poyraz footwall separated Existing Prospects will be enhanced by additional 3D seismic from Poyraz Ridge gas field by a fault Footwall target is structurally higher than equivalent proven gas zones in…
Kazakhstan: Zharkamys West 1 Pre-Caspian Basin Located in the Pre-Caspian Basin 46 Billion boe discovered * Super-giant oil fields in Pre-Caspian Basin include* Kashagan: 13 B bbls, Tengiz: 9 B bbls, Zhanazhol: 1 B bbls…
Phased Strategy in Kazakhstan Modern 3D Seismic Images Multiple Exploration Plays Phase 1: Discovered shallow oil fields Cretaceous Post-Canopy Acquired extensive 3D seismic 650 2000 m Jurassic Phase 1 Drilled shallow,…
Monetizing Shallow Oil Discoveries Recently Commissioned Shoba Gauging Station Production facilities have been constructed and commissioned for Shoba and Taskuduk shallow oil discoveries in Kazakhstan Excellent Shoba horizontal…
Building on Primary Basin Results Korumbet NW Prospect 2 Primary Basin targets drilled at ZW1 Both encountered over-pressured hydrocarbons 410 API light oil at the KN-E discovery Numerous gas shows at KN-501 Both wells confirmed…
Leveraging Pre-Salt Upside Potential Eb-401: 3D seismic indicates favorable 4-way trap Proven Pre-Salt plays in Pre-Caspian Basin and reservoir development are evident at ZW1 Regional analysis demonstrates continuity of plays…
2016 Focus and Catalysts Testing one of the Gas Discoveries in Turkey Develop the Poyraz Ridge gas field Begin facility and pipeline construction Drill up to 4 development wells Obtain a debt facility for Poyraz Ridge Initiate…
Appendix Additional Information November 2010 www.condorpetroleum.com
Reserve Volumes Gross Company reserves as of December 31, 2015* (in Mboe) Kazakhstan Turkey* Total Increase Proved 1,657 1,720 3,377 104% Probable 1,448 1,983 3,431 137% Proved plus Probable 3,104 3,703 6,808 119% Possible…
Reserve Values Gross Company reserves as of December 31, 2015* Total Volume NPV10 After Tax NPV10 After Tax (Mboe)* (USMM)* (CAMM) Proved 3,377 44.1 57.3 Probable 3,431 51.1 66.4 Proved plus Probable 6,808 95.2 123.8…
Kazakhstan Oil and Gas Sector Kazakhstan Production Growth Oil production has tripled since 1991 independence to over 1.6 MM bopd Broad participation from foreign investment Super Majors and Majors, NOCs, Juniors Politically…
Established Oil and Gas Pipeline Networks April 2016 www.condorpetroleum.com 17
Multiple Existing Export Routes Multiple existing routes are accessible for exporting to Russia, Europe and China Atyrau to Samara to Novorossiysk / Odessa / European markets Kenkiyak to Alashankou to China Aktau Port to Baku /…
New ZW1 3D Seismic Imaging Techniques Identifying Primary Basin and Pre-Salt Potential 2D Pre-Stack Time Migration 3D Pre-Stack Depth Migration Salt Flank Salt Flank Salt Dome Salt Dome Primary Basin Primary Basin…
Turkish Gas Market BOTAS Tier II Published Gas Prices Turkey imports 98% of its natural gas 2014 demand was 4.6 BCF/d while domestic production was 0.07BCF/d New gas production has a ready market BOTAS is the state-owned oil and…
Turkish Regional Considerations Ortakoy Licenses are Located in Northwest Turkey Strategic geographic location Turkey controls the Bosphorus shipping channels between the Mediterranean and Black Seas Major energy transit hub at…
Condors Leadership Team Successful track record of capturing opportunities and executing developments Board of Directors Sean Roosen Chairman Management Chairman and CEO Osisko Gold Royalties Don Streu - President, CEO & Director…
Management Biographies Mr. Streu has 30 years experience in the oil and gas industry including 22 years with Chevron Canada Resources working in Angola, Indonesia, Nigeria, Canada and the United States. Mr. Streu was the asset…
Management Biographies Mr. Storm has worked in Kazakhstan for over 21 years and has been involved in a wide array of business activities, including oil and gas exploration and production, oil field services, domestic and…
Management Biographies Mr. Anderson, formerly President and CEO of Marsa Energy Inc, has more than 35 years of international and domestic/frontier exploration and development experience. Prior to Marsa, Mr. Anderson was the…
Loading...
