Frontier Explorer with a Clear Path to Shareholder and Broker Update Production May 2014 ASX:WHN
WHL Energy WHL Energy has interests in 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 block…
VIC/P67 : History Vic/P67: Otway Basin Held by BHPB 1991 to 2008 with La Bella gas discovery 1993 Awarded to WHL Energy in May 2012: 100% Operator Vic/P67 AWE farm-in executed September 2013: WHL 40%, AWE 60% plus Tap Oil…
VIC/P67 : East Coast Gas Market Australian Government Bureau of Resources Energy and Tourism : Eastern Australia Domestic Gas Study Legacy, low priced, long term gas contracts from the Gippsland Basin expire in 2016-2017, the…
VIC/P67: Proven La Bella field - Exploration Upside Proven La Bella gas field 2C Contingent Resources of 114 PJ+ Highlander Prospect Alexandra Prospect High quality Waarre reservoir Ferrier Prospect La Bella North Prospect…
VIC/P67 Prospective Resource* Potential Exploration potential offers considerable upside 600+ Bcf best estimate Prospective Resources* Running room further afield in the permit South Prospective Resources* Champion Sales Gas…
VIC/P67: Work Programme Timeline Technical Concept 3D Processing Development FEED and & Interpretation Procurement Execute Studies 3D Seismic Drill 2 Select First Acquisition Exploration Wells Concept Gas Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2…
VIC/P67: Economics Summary 7.50/GJ 8.50/GJ NPV NPV NPV NPV 100% WHL 40% WHL 40% 100% WHL 40% WHL 40% M M /share M M /share LB and Nearfield Prospects 210 PJ 93 37 0.023 140 56 0.035 LB and Nearfield Prospects and Highlander 320…
WHL Energy in The Seychelles KENYA High potential frontier exploration opportunity WHL SEYCHELLES TANZANIA (25%) Emerging East Africa oil play 3+ billion bbl exploration inventory (mean MOZAMBIQUE Prospective Resources) Large…
Seychelles: Ophir Energy plc Farm-Ins WHL Energy and Ophir Energy Farmout Transaction details: Ophir to become operator and holder of 75% equity in the Seychelles acreage; Ophir to fully fund the initial 1,500 km2 3D seismic…
Seychelles: Forward Program Summary Schedule Commercial Farmout Farmout Drill Agreement Approval Participation Mar Apr May Jun Jul Q3 Q4 Q1 Q2 Q3 Q4 Q1 14 14 14 14 14 14 14 15 15 15 15 16 Seychelles 3D Seismic Contract…
Seychelles: Prospective Resources Oil Recoverable (MMbbl) Oil Recoverable (MMbbl) Prospect / Lead Prospect / Lead P90 P50 P10 Mean P90 P50 P10 Mean Beau Vallon Central 165 447 1111 571 Junon South 88 273 809 394 BV South 58 208 740…
Company Board & Management The WHL Energy team brings substantial WHL ENERGY BOARD experience with major operators Faldi Ismail (Non-Executive Chairman) Faldi Ismail has significant experience both as a corporate advisor and in…
WHL Energy Capital Structure Capital Structure at May 2014 Capital Structure Capital Statistics Shares on Issue 1,596,836,414 Total Number of Shareholders 4,070 Listed Options 401,734,157 Top 20 Shareholder % 32.9% Unlisted Options…
Conclusion WHL Energy - Frontier Explorer with a Clear Path to Production 1. VIC/P67 asset is developing the 3D seismic interpretation phase Initial results of the 3D seismic are highly encouraging; Further studies for the…
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