Frontier Explorer with a Clear Path to RIU Good Oil Conference September 2013 Production ASX:WHN
WHL Energy WHL Energy is Operator of its two major assets and is currently exposed to significant upside through the La Bella development and Seychelles exploration Vic/P67 La Bella undeveloped gas field 2,885 sq km exploration…
Vic/P67: History May 12 Sept 13 BHP/Santos BHP/Santos WHL AWE Awarded Relinquish Awarded Farm-In Permit Permit Permit Executed Vic/P67 91 93 08 12 13 14 15 La Bella Planned Planned Discovered 3D Seismic 2 Exploration 50…
Vic/P67 : East Coast Gas Market Already Australian Industry group members are being quoted an average of 8.70 a gigajoule for long-tern gas supply contracts.. Financial Review 17th June, 2013 But with the first exports expected from…
Vic/P67: Proven La Bella field - Exploration Upside Proven La Bella gas field Discovered BHPB 1993 2C Contingent Resources of 115 PJ High quality Waarre reservoir High condensate and LPG content provides cream on the cake…
Vic/P67 Resource Potential Exploration potential offers considerable upside 500+ PJ mid case (P50) Prospective Resources With in tie-back distance to 114 2C La Bella foundation development Running room further afield in the permit…
Vic/P67 : AWE Farm-In Farm-In executed with AWE on 3rd September 2013 AWE acquired 60% working interest through payment of 75% of the costs of the 3D Seismic Survey capped at 12M WHL Energy to retain Operatorship for the 3D…
Vic/P67 Timeline Technical Concept 3D Processing Development FEED and & Interpretation Studies Procurement Execute 3D Seismic Drill 2 Select First Acquisition Exploration Wells Concept Gas Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3…
Vic/P67 : Economics Summary CAPEX 7.50/GJ 8.70/GJ M NPV NPV WHL NPV NPV WHL WHL 100% WHL 40% 100% 40% 40% 40% /share M M /share M M La Bella 2C 115 PJ 255 85 34 0.024 120 48 0.034 La Bella + North + Highlander 2C + P50…
WHL Energy in The Seychelles KENYA High potential frontier exploration opportunity WHL SEYCHELLES TANZANIA (100%) Emerging East Africa oil play 3+ billion bbl exploration inventory (mean MOZAMBIQUE Prospective Resources) Large…
Seychelles : Value Delivered Oil Recoverable (MMbbl) Prospect / Lead P90 P50 P10 Mean Junon South 88 273 809 394 Beau Vallon Junon East 23 103 446 197 Junon Central 6 28 141 63 Junon NW 55 166 488 235 Junon NE 190 516 1322 672…
Conclusion Frontier Explorer with a Clear Path to Production 1. La Bella asset is moving forward into the 3D seismic acquisition phase AWE farm-in followed by a Nov/Dec seismic acquisition Targeting Q1 2015 drilling, 2017/18…
Company Board & Management The WHL Energy team brings substantial WHL ENERGY BOARD experience with major operators Trevor Benson (Non-Executive Chairman) Trevor Benson has a strong background in corporate advisory and investment…
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