Mitra Energy Inc. (TSXV: MTE) Building an Asian Gas Champion Company Summary April 2016
Mitra Energy took its name from an ancient word that conveys the spirit of the company. The word Mitra' appears in Indo-Iranian, meaning covenant, treaty, agreement or promise, while in Sanskrit, it signifies friend or alliance. The…
Mitra Energy Inc.: Overview Strategies Deliver First Gas & Cash Flow Mitra Energy Monetise existing discoveries Zero debt, funds to FID Five commercial gas fields High Impact Exploration Net 2C resources of 614 BCfe (2)…
Why Focus on Gas Markets in SE Asia Demand ASEAN-5 GDP growth to average 5.3% to 2020(2) Lack of power is a drag on growth, regional demand outstrips supply Fastest growing LNG market globally, growing from zero in 2011 to 45…
Vietnam Gas Market Highlights Growing populations of 100 million Conceptual LNG Gas mostly goes to power and fertiliser 1 MMtpa Energy demand growth is constrained by supply PV Gas state that gas shortage of 300 MMcf/d in…
Fixed Pricing of Pipeline Gas is Attractive Brent Fixed Price Gas is a Hedge to Oil Price Volatility LNG (Indonesia-Japan) UK Spot Typical Range of SE Asia Fixed Gas Prices Henry Hub 7
Mitra Portfolio Overview Hanoi Vietnam Hanoi Trough Complete resource evaluation MVHN/12KS Vietnam Phu Khanh Basin and farm-out pilot drilling Deepwater oil play Key partner: Acquired 3D seismic data and plan to farm-out for carried…
Summary of new LR Senergy CPR (5 April 2016) Net 2C Resources = 103 mmboe 11.4 mmbc Net Values April 2016 April 2016 Sensitivity (NPV10) (9.55 Viet gas) minus 2 Vietnam gas SC 56 231 MM 231 MM 9.4 mmbc Nam Du 247 MM 185 MM U…
Board of Directors Paul Ebdale Jerry Korpan Chief Executive Officer Non-Executive Chairman (Executive Director) Paul has almost 33 years industry experience, working Jerry has been an investment banker for 30 years with Conoco…
Experienced Senior Management Team and Core Staff Years of Name Title Previous Employers Experience Management Team Paul Ebdale CEO 33 18 Will Mathers CFO VP Business Andy Butler Brabant 20 Development Dave Goulding VP…
Vietnam Malay Basin: Setting Tho Chu Overlapping Discovery Claims Area (OCA) expanding to 245 mmscf/d PM-03line, 215 mmscf/d, U Minh Discovery Block 45 PM3 (18) Vietnam Thailand 215 mmscfd Nam Du Block 51 Cambodia (expands…
Outline Development Plan Base Case Development Scenario Area Development (Base) Case * 5% CO2 3% CO2 40% CO2 3% CO2 40% CO2 5% CO2 40% CO2 Outline Development Plan offers Petrovietnam a variety of export route…
Progress on Road Map to First Gas Reserve Outline Development Field Development Plan Assessment Plan (ODP) (FDP) Report (RAR) Front End Engineering and Design EPC (FEED) Construction PSC milestones Gas Sale Agreement (GSA),…
Block 51: Tho Chu Field Summary 1X Expected Production Profile (1) Resources (2016 CPR) Condensate Sales gas Class (mmbc) (Bcf) 1C 3 98 2C 13 372 3C 37 948 Prospective (2) 10 560 (1) Production from internal Mitra…
Philippines SC 56, A New Gas Frontier Background Location Mitra 25% with TOTAL (75% op.), following TOTAL farmin during 2012 Manila Play proven by the Dabakan and Palendag discoveries (3C of 2.5 TCF) TOTAL has elected to drill first…
Philippines SC 56, Halcon Prospect and Export Options Existing Discovery Trend New Play Trends Export Routes for Existing and New Gas Resources 1 Pipeline to Sabah 2 FLNG 3 Greenfield LNG 3 2 Halcon Main Target 3D…
Indonesia Exploration: Bone PSC Undrilled block adjacent to established commercial gas production Sengkang Gas Fields LNG export facility being constructed LNG Multiple shallow water low risk prospects, with Facility target depths…
Bone PSC: Prospect Inventory and Commercialisation Sengkang LNG 3.5 TCF of Pmean prospective resources, of which 2.5 TCF lies in 5 shallow water targets Sengkang Gas Fields Gas expected to be delivered to Kampung Baru adjacent…
Vietnam Exploration: Block MVHN/12KS Mitra 100% block, lies in an onshore extension of the producing Song Hong Hanoi Basin and close to Hanoi market PSC scope covers all conventional and MVHN/12KS PSC unconventional hydrocarbons…
Vietnam Exploration: Block 127 PSC Mitra 100% Frontier basin, but proven oil trend New 3D data confirms Alpha Prospect 600m water depth 248 mmbo (Pmean) * 19% POSg * Other large prospects / leads identified Farmout process…
Look Ahead Activity Programme for Key Assets Country Licence Op / Partners 2016 2017 Philippines SC 56 2D Halcon Gas Development 2C 2P 51 FEED planning FDP preparation and Gas FID Development ODP approvals etc. Sales Agreements…
Mitra Energy Inc.: Summary and Strategic Targets Strategies Declare Commerciality, secure GSA and FID for Deliver First Gas & Cash Flow Nam Du and U Minh fields, targeting transition to 20 mmboe of 2P Reserves by end 2016 Monetise…
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