FRONTIER EXPLORATION 9TH AFRICA INDEPENDENTS FORUM 2012 Cape Town, 30th October 2012
GLOBAL PETROLEUM - SNAPSHOT AIM and ASX listed, market cap. 16 million Well funded Assets offshore Namibia Exposure to East Africa via Juan de Nova in the Mozambique Channel Actively seeking to grow Experienced and growing…
AGENDA 1. Namibia 2. Juan de Nova 3. Growth 3
GLOBAL PETROLEUM - SNAPSHOT NAMIBIA AIM and ASX listed, market cap. 20 million Well funded. Premium assets in Namibia. Exposure to East Africa via Juan de Nova in the Mozambique Channel. Actively seeking to expand. Experienced…
LOCATION Source: Ministry of Mines and Energy, Namibia 5
HYDROCARBON LICENCE MAP Source: Ministry of Mines and Energy, Namibia 6
LICENSING HISTORY Number of Licences 16 Number of licences issued per year 14 12 10 8 6 4 2 0 2005 2006 2007 2008 2009 2010 2011 2012 Number of Licences 3 4 1 1 0 2 16 14 41 hydrocarbon exploration licences…
EXPLORATION ACTIVITY DRILLING 8 7 Planned Actual 6 5 Wells 4 3 2 1 0 Source: Ministry of Mines and Energy, Namibia 8
GLOBAL PETROLEUM NAMIBIA ASSETS Blocks 1910B and 2010A, 85% participating interest 11,700 sq km, 1200-3000 metres water depth Interpretation of 2,800 km of 2D seismic in 2011 New 2,000 km 2D seismic survey Q4 2011,…
STRUCTURES IDENTIFIED Contoured Maastrichtian Depth Structure Map 1910B 1910A Structure A Structure B 10
GLOBAL PETROLEUM - SNAPSHOT JUAN DE NOVA AIM and ASX listed, market cap. 20 million Well funded. Premium assets in Namibia. Exposure to East Africa via Juan de Nova in the Mozambique Channel. Actively seeking to expand.…
JUAN DE NOVA EST Juan de Nova Est Permit - Mozambique channel between Madagascar and Mozambique Frontier exploration area at early stage of evaluation Wessex operator, 70% Global Petroleum, 30% participating interest 9,000 sq…
GLOBAL PETROLEUM - SNAPSHOT GROWTH AIM and ASX listed, market cap. 20 million Well funded. Premium assets in Namibia. Exposure to East Africa via Juan de Nova in the Mozambique Channel. Actively seeking to expand. Experienced…
GLOBAL PETROLEUM - GROWTH Cash balances of A24 million (US24.8 million), no debt Seeking at least one additional asset to diversify organic Further growth organic or inorganic Organic focus is frontier exploration primarily…
GLOBAL PETROLEUM - SNAPSHOT SUMMARY AIM and ASX listed, market cap. 20 million Well funded. Premium assets in Namibia. Exposure to East Africa via Juan de Nova in the Mozambique Channel. Actively seeking to expand. Experienced…
SUMMARY NOT A COMPLICATED STORY AIM and ASX listed, market cap. 16 million Well funded Assets offshore Namibia Exposure to East Africa via Juan de Nova in the Mozambique Channel Actively seeking to grow Experienced and…
GLOBAL PETROLEUM - SNAPSHOT APPENDIX AIM and ASX listed, market cap. 20 million Well funded. Premium assets in Namibia. Exposure to East Africa via Juan de Nova in the Mozambique Channel. Actively seeking to expand.…
GLOBAL PETROLEUM - BOARD Dr Robert Arnott BSc DPhil (Oxon), Non-Executive Chairman Rob Arnott has almost 30 years oil and gas experience in a career that started in the petroleum industry with Shell International, then progressed to…
United Kingdom Australia (Registered Office) 5 Charterhouse Square Level 9, BGC Centre, London 28 The Esplanade, PERTH, WA, ENGLAND AUSTRALIA, 6000 EX1M 6PX ASX: GBP AIM: GBP 19
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