Excellence in Oil and Gas Presentation 12 March 2014 Carnarvon Petroleum Limited (Carnarvon) (ASX:CVN) is pleased to provide shareholders with the following presentation provided today at the Excellence in Oil and Gas Conference in…
For all enquiries please contact: Shareholder Enquiries Media Enquires Mr Thomson Naude Mr Tony Dawe Company Secretary Professional Public Relations Phone: (08) 9321 2665 (08) 9388 0944 / 0405 989 743 Email: investor.relationscvn.com.au…
Think Different; Act Different March 2014 Adrian Cook Managing Director Carnarvon Petroleum
Simplifying the story Experienced Quality people assets Comprehensive Think Leverage information base different & commercialise Financial resources Generate value 1
Experienced People Oil finders Finance Geoscience Skin in the Game Commercial Engineering 2
Comprehensive information base Knowledge Relationships Western Australia South East Asia 3
Financial resources Cash of A20m (1) Cash from asset sale proceeds of A33m (1) Future cash from asset sale royalty of up to A35m Two farmed out wells 20% free carried to US70m per well On-going cash flow from Thailand…
Thinking and acting differently in Thailand ............transformed existing sandstone field into a high value igneous and sandstone asset 20m initially invested 108m capex funded from operations 43m distributed in free cash Up to…
Every producing field starts out as an idea but to get the idea you need to think different. 6
In 2008 (GFC) and acreage mostly open Near top gas (241T) depth surface from the Phoenix 3D seismic survey 7
Carnarvon moved early Near top gas (241T) depth surface from the Phoenix 3D seismic survey 8
Majors joined Apache Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 9
Our focus Apache Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 10
In the pipeline Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 11
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