3D Oil Limited Annual General Meeting 17 November 2014 At Baker & McKenzie William Street Melbourne
1. 3D Oil Overview 3D Oil has monetised its interest in the West Seahorse Oil Field while retaining the oil exploration upside and adding a significant 3 new gas focus Page 3
2014 Highlights TDO completes Hibiscus Transaction to secure the companys financial future The West Seahorse Field monetised in a difficult financial climate West Telesto jack up rig contracted to drill Sea Lion early in 2015…
3D Oil Snapshot An oil and gas company focussed on eastern Australia with an exciting program on the horizon Key Assets 44.9%* of VIC/P57 offshore Victorian permit Sea Lion Prospect to be drilled in 2nd quarter 2015 80% of T/49P…
2. Exploration T/49P 6 Page 6
T/49P Overview 3D Oil is currently 80% equity holder in T/49P with its partner Beach Energy A potentially significant Australian gas province Interpreted to contain all the geological elements required for sizeable accumulations of…
T/49P Prospectivity Permit has all the ingredients for a rich and active petroleum system All leads have access to significant charge from anomalously thick Tertiary wedge which is interpreted as the Thylacine source kitchen Both…
T/49P Operations Flanagan 3D survey acquisition has commenced and expected to be completed by mid December The 974 sq km survey will target the large leads in the north of T/49P Final products of the survey will be available in mid…
Flanagan Survey Targets The Flanagan survey will target a number of leads including Whalebone and Flanagan These features are on trend with Thylacine and interpreted to be sourced from the same kitchen Flanagan Both Whalebone and…
T/49 Indicative Economics East coast gas markets rapidly changing Exposure to international pricing through LNG exports The unwinding of major low cost, long term gas contracts The commencement of LNG exports, and the netback prices…
3. VIC/P57 Exploration 12 Page 12
Exploration targets VIC/P57 is located on trend with a prolific sweet spot in the Gippsland Basin, - with an historical success rate in the region of better than 2 in 3. The permit covers approximately 449 km2 along the prospective…
Sea Lion Prospect Sea Lion has a best estimate prospective resources of 11 mmbbl. Rig contracted to drill Sea Lion in 2nd qtr 2015 On trend with the oil discoveries in region The first US7.5 million of TDOs contribution is carried as…
Felix Prospect Felix has the best oil address in Australia. Large inversion feature along the Rosedale Fault System with potential for large oil reserves Located between two oil fields (Wirrah and Moonfish) and appears larger at the…
5. Conclusion 16 Page 16
A great year for 3D Oil TDO successfully navigates through a difficult financial climate Hibiscus Transaction provides company with strong Secures Funding financial position without dilutionary capital raising Monetises West…
2015 Activities Next year even looks better with a two pronged oil and gas strategy Sea Lion to be drilled in 2nd qtr 2015 Seismic acquisition, processing and interpretation complete Undertake farmout of gas prospects for future…
Contacts Noel Newell Managing Director 3D Oil Limited Level 5, 164 Flinders Lane Melbourne, Victoria 3000 Phone: +61 3 9650 9866 Fax: +61 3 9639 1960 Email: nnewell3doil.com.au Page 19