CAMAC Energy Investor Presentation September 2014 NYSE MKT: CAK www.camacenergy.com
NYSE MKT: CAK www.camacenergy.com Over 25 Years In The African Energy Sector 1986 Cameroon-American Company (CAMAC) founded as a privately-held agricultural commodities trading company 1990 CAMAC creates Allied Energy Plc (Allied)…
NYSE MKT: CAK www.camacenergy.com A Transformative Year for CAMAC Energy 270mm Private Provided acquisition funding and drilling capital Equity Investment Allied Energy Plc Exponential increase in production, reserves and…
NYSE MKT: CAK www.camacenergy.com Uniquely Positioned to Deliver Generating Predictable, Repeatable Oil Production Growth Delivering All Brent, High-Margin, Oil Mega Projects Advancing World-Class Frontier Exploration in West…
NYSE MKT: CAK www.camacenergy.com Leading Sub-Saharan Africa Portfolio 9 Assets 4 Countries 10 Million Net Acres Full Operatorship Production GAMBIA Offshore Acres Interest Partner Operator Block A2 320,000 100% -…
SEPTEMBER 2014 CAMAC ENERGY NYSE MKT: CAK www.camacenergy.com Nigeria: Cornerstone of the African Oil Industry September 2014
NYSE MKT: CAK www.camacenergy.com Nigeria Is The Largest Oil Producer in Africa Nigeria is the worlds 6th largest oil producer Nigeria is the 4th largest oil supplier to the U.S. Q1 2014 production of 2.26 million BOPD 1 Nigeria…
NYSE MKT: CAK www.camacenergy.com Niger Delta Deepwater Seafloor Topography ERHA FIELD 120 121 BONGA FIELD CAMAC ENERGY 9
NYSE MKT: CAK www.camacenergy.com Cross Section: Middle Miocene Regional Play 2,500m 4,500m CAMAC ENERGY 10
NYSE MKT: CAK www.camacenergy.com OML 120/121: Prolific Oil Producing Region 440,000 net acres ERHA NORTH 200 MMBbls of oil 0.2 Tcf of natural gas EWO NORTH SONAM OYO FAR EAST 1 Tcf of natural gas PROSPECT O OYO EWO DEEP…
NYSE MKT: CAK www.camacenergy.com OML 120/121: Seismically-Defined Prolific Hydrocarbon Province Extensive inventory of prospects and leads identified PROSPECTS OML 120 OML 120 and 121 Name Block Formation MMBoe OYO FIELD…
NYSE MKT: CAK www.camacenergy.com Oyo Field: Pioneer Deepwater Nigeria Exploration In 1995, the Oyo Field Became the First Deepwater Nigeria Discovery 100% Drilling Success Rate (8 for 8) 4.5+ MMBOE EUR/Well Premium to Brent…
NYSE MKT: CAK www.camacenergy.com High-Impact, Early Cash Flow Currently completing two significant development wells in the Oyo field OYO-7 115 Feet Net Oil Pay + 93 Feet Net Gas Pay Reached Top of Pliocene pay at 5,564 ft…
NYSE MKT: CAK www.camacenergy.com Demonstrable and Repeated Production Growth DRILLING RIG FPSO Secured for up to two years commencing June 9, 2014 Secured for up to seven years commencing January 1, 2014 Maximum Drilling…
NYSE MKT: CAK www.camacenergy.com OML 120/121: Favorable Economics Revenue per Barrel 100.00 Royalty to Nigeria 12.00 (12%) Net Revenue after Royalty 88.00 (88%) Astro Sculptor oil tanker Cost Recovery 1 Profit Oil…
SEPTEMBER 2014 CAMAC ENERGY Expanded Shallow Water Tano Block NYSE MKT: CAK www.camacenergy.com Ghana: Low Risk Development Upside September 2014
NYSE MKT: CAK www.camacenergy.com Ghana: Three Discovered Fields in the Tano Basin EXPANDED SHALLOW WATER TANO BLOCK GHANA AWARDED IN MARCH 2014 Expanded Shallow Water combined surface area of 373,000 acres in water depths of…
SEPTEMBER 2014 CAMAC ENERGY Block L1B, onshore Kenya, Lamu Basin Garissa E 110 MMBO Hagarso NW 400 MMBO Garissa SE 115 MMBO Hagarso-1 Hagarso W 100 MMBO 165 MMBO NYSE MKT: CAK www.camacenergy.com Lead 18 miles…
NYSE MKT: CAK www.camacenergy.com 9 MM Acres in the Largest Sedimentary Basin in Kenya 4 Blocks in the Lamu Basin awarded in May 2012; effective August 2012 AWARD DETAILS ETHIOPIA Oil Discovery Named operator with 100% interest…
SEPTEMBER 2014 CAMAC ENERGY BLOCK A2 BLOCK A5 West Lead 800 MMBO Gambia: Entering the West African Transform Margin September 2014
NYSE MKT: CAK www.camacenergy.com Gambia: Prime Deepwater Acreage in the West African Transform Margin April 17, 2014 FAN-1 exploration well (900 mmbbls) spudded by Cairn, Conoco, FAR, and Petrosen In 1979, Chevron drilled…
NYSE MKT: CAK www.camacenergy.com Drilling Program Focused on Near-Term Cash Flow Q3 Q4 Country Asset Well 2015 2016 2017 2014 2014 Successfully drilled; now Nigeria 120 Oyo-8 100% completing horizontally Successfully drilled;…
NYSE MKT: CAK www.camacenergy.com CAMAC Energys Value Creation Model Production and Revenue Growth Reserves and Resources Growth High-Impact Exploration Success Substantial Farm-Down Opportunities Africa Asset Expansion…
NYSE MKT: CAK www.camacenergy.com Experienced, Diverse International Management Team Chairman of CAMAC Energy since becoming public in 2010; appointed as Chief Executive Officer in 2011 Chairman of CAMAC International Corporation, a…
NYSE MKT: CAK www.camacenergy.com Distinguished Board of Directors Chairman of CAMAC Energy since becoming public in 2010; appointed as Chief Executive Officer in 2011 Chairman of CAMAC International Corporation, a privately-owned…
For more information, please visit www.camacenergy.com CAMAC Energy Inc. Corporate Headquarters 1330 Post Oak Blvd., Suite 2250 Houston, Texas 77056 Main: 713-797-2940 www.camacenergy.com Investor Relations: 713-797-2945