Corporate Presentation Corporate Presentation September 2012 Q1 2013 1
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 3. Near Term Production 44 4. European Shale Play 57 3
San Leon Energy Plc Key Information Key Data Significant Shareholders (1) AIM Symbol: SLE Toscafund Asset Management LLP 13.99% Quantum Partners LP 11.48% US ADR Symbol: GLGYY Blackrock Investment Mgmt Ltd 6.67%(2) Share price…
San Leon Energy Plc (SLE.L) Independent E&P company listed on AIM with market cap of 140mm (162mm) (1) Extensive and balanced portfolio of conventional and unconventional (shale/tight) assets across Europe and North Africa Diverse…
San Leon Energy Plc Carboniferous Shale / Baltic Basin Shale Gas Main Dolomite Oil, 2012 Tight Gas Szymkowo-1 Siciny-2 Baltic Basin Shale Gas, Lewino 1G2 NovaSeis Poland Novaseis Vibration Trucks NovaSeis Morocco 6
San Leon Energy Plc Major European / North African Presence San Leon assets Poland 42 Licences 4.8 Million Net Acres Ireland Germany 8 Licences 1 Licence 0.6 million Net Acres 15.6 Thousand Net Acres France 10 Under…
San Leon Energy Plc High Impact Exploration North Porcupine, Ireland Baltic Basin, Poland Benbaun Prospect Paleozoic Shale Gas Play 180 MMbbl Recoverable Drill Ready 1.5 million acres held with Offshore Conventional Oil Target…
San Leon Energy Plc Poland: Near Term Production Opportunities Silvia Prospect Rogity-1 Block 106 (50% Equity) Braniewo (40% Equity) 4.75 mmbbl and 18 bcf 5.5 mmbbl Mid Case recoverable 12 bcf Czarne discovery close by First…
San Leon Energy Plc Potential 18 Month Forward Plan Foum Draa, Morocco Siciny-2, Gora Cairn 60mm carry on DFIT & Frac of existing well offshore well 2013/14 Gdansk West Sidi Moussa, Morocco Silvia, Block 106 Genel 50mm carry on…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Poland Diverse Portfolio Across Many Plays 42 Licences across 4.8 million Net Acres (7.0m Gross) Baltic Syneclise (basin) Carpathian Foredeep Carpathians 1. Baltic Basin Paleozoic shale gas/condensate play 2. Permian…
Poland Baltic Basin Paleozoic Shale Plays Access to gas, condensate and oil plays in Paleozoic shales; known hydrocarbon-rich source rocks Brittle shales and carbonates favourable for fracking High potential in Lower Silurian,…
Poland Baltic Basin 129TCF Paleozoic Shale Play Material Acreage Position: 1.4 million gross acres (5,658 km2) 0.9 million net acres (3,520 km2) Basin wide Diversity: SLE is the only company in the Baltic with such a diverse…
Poland Baltic Basin Gdansk West Pilot Development; 1 Tcf recoverable Gdansk West Pilot Programme Pilot Development Programme for Gdansk West 40% Equity Block split into 4 segments Pilot area is 1 segment of 183 km2 1.3 TCF gas and…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Poland Permian Basin Summary of Plays Prolific onshore European hydrocarbon province 3 main target formations: Permian Main Dolomite of the Zechstein Conventional oil Low cost/Low risk prospects Tight oil Huge upside potential…
Poland SW Carboniferous 61 TCF Risked Net Recoverable Tight Gas & Shale Play San Leon pioneering gas play in West Poland Carboniferous shales have sourced all Rotliegendes gas in Permian Basin Siciny-2 well drilled in 2012 providing…
Poland SW Carboniferous Basin Siciny-2, Gora Block Carboniferous Gas Play Forward Plan for Siciny-2 (225 Bcf) DFIT and Frac of Siciny 2 2013 40% Chance of Commercial Success of which 10% chance that 2 Bcf can be recovered flowing at…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Poland Main Dolomite Billion Bbl Risked Recoverable Tight Oil Play Billion+ bbl potential in Main Dolomite tight oil play Mississippi Lime / Bakken Analogue SLE controls more than 6,000 km2 of Main Dolomite platform and lagoon…
Poland Main Dolomite Nowa Sol Project : Billion bbl Tight Oil Play Play with proven production requires modern completion and stimulation practices to exploit properly Tight oil play in Main Dolomite platform/lagoon facies…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Albania Durresi Block 2 Billion Barrels Oil Equivalent Net Pmean Unrisked Up to 2 Billion barrels oil/gas condensate mean Up to 2 Billion barrels of oil recoverable resources identified across numerous Prospective equivalent…
Albania Durresi Highly Prospective Offshore Block Three Working Petroleum Systems 1. Ionian zone good to excellent quality source rocks of type I/II are present in the Upper Triassic, Lower Jurassic and Lower Cretaceous 2. Peri Adriatic…
Albania Alban Complex 3.2 Tcf prospect on Durresi Block Alban Complex (Equity 100%) 3.2 Tcf and 145 MMbbl gas condensate mean case recoverable resources Alban Core and Alban East prospects Mature prospect covered by excellent…
Albania Alban Complex Prospects A3-1X GR 5 Km 5 Km Alban Centre Prospect In the crest of the Alban structure. Contains two likely to be separated fault blocks with very strong seismic indications Pmean recoverable reserves: 2.3…
Albania Alban Centre Prospect A3-1X Planned wells A3-1X GR (1200m 2250m) Note abrupt termination of amplitude at fault N Also there is a significant velocity anomaly below the prospect Durresi 3D Far stack arbitrary line S…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Morocco Large and Diverse Plays; Excellent Fiscal Terms Morocco Offshore Foum Draa / Sidi Moussa 2 Bln bbls & 1 Tcf gas Farm-out complete Excellent fiscal terms: Cairn 60mm well carry planned 2013/14 30% corporate tax - after a 10…
Morocco Offshore 2 Billion bbls Oil + 1 Tcf Gas on Block De-risking through Farm-Outs Foum Draa SLE retains 14.17% working interest 60MM well carry from Cairn Energy 20MM Bank guarantee paid 1st Exploration well 2013/2014 3,800…
Morocco Onshore 33
Morocco Onshore: Silurian Shale Gas Potential (From Craig, et al, 2006) 34
Morocco Onshore Tarfaya Casa Mar Prospect 55 MMbbl CASA MAR Prospect 13,434 km2 CASA MAR Prospect Note: Resource figures are Companys best estimate 35
Morocco Onshore Tarfaya Casa Mar Prospect San Leon WI 52.5% (Operator) 55MMbbl Net P50 Unrisked Resources W E Prospective Resources Acquired 600 km 2D seismic Very favourable fiscal terms Casa Mar drillable 1.9 million acres…
Morocco Onshore Tarfaya Oil Shale 100 MMbbl Gross Recoverable Tarfaya Oil Shale Envisaged 100 mmbbl gross recoverable shale oil using Enefit 280 proven technology Can recover 78 litres of oil per ton of rock Initial evaluation…
Morocco Onshore Tarfaya Oil Shale Pre-feasibility Licence Project execution 12 months application 36 months from licence award Fiscal terms Re-examine rock mechanics and kerogen finalisation Finalise equity and suppliers…
Morocco Onshore Zag 3.7 Tcf Conventional Gas Prospect + Shale Gas San Leon 52.5% (Operator) Devonian Reef Play 14+ TCF Net P50 Unrisked Resources Prospective Resources 3.7 Tcf onshore conventional gas play at moderate depth 5.4…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 Poland Baltic Basin Shale Play Permian Basin Tight Gas / Shale Play Poland Permian Basin Main Dolomite Conventional Oil Play Albania…
Ireland: Licences Ireland Key Facts Rockall/Erris Margin Dooish and West Dooish Atlantic Margin only 42 Gas Condensate Discovery Triassic/Permian Exploration Wells Significant oil prospects Rockall Huge remaining potential…
Ireland: Atlantic Margin North Porcupine Licence 1/04 New 3D survey revealed new, hitherto unrecognised, B prospect at (2200m SS) in proven oil play directly analogous to UK Buzzard field B Prospect Low risk 4-way dip closure with…
Ireland: Celtic Sea Barryroe Field 4.5% NPI San Leon holds 4.5% Net Profit Interest on Barryroe Oil Field; No further capital exposure Operator currently further evaluating field: Assigned P50 STOIIP(1) of 1.8 bln bbls of oil across 4…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 3. Near Term Production & Other Assets 44 Silvia, Block 106 - Permian Main Dolomite, Conventional Oil Play Czasaw, Nowa Sol Permian Main…
San Leon Energy Plc Poland: Near Term Production Opportunities Silvia Prospect Rogity-1 Block 106 (50% Equity) Braniewo (40% Equity) 4.75 mmbbl and 18 bcf 5.5 mmbbl Mid Case recoverable 12 bcf Czarne discovery close by First…
Poland Attractive Economics and Political Regime First-mover advantage San Leon has secured the largest acreage position in Poland after the state company PGNiG 42 licences covering 4.8 million net acres Partnerships Important…
Czasaw SL-1, Nowa Sol, Main Dolomite Proving up Billion+ BBL Tight Oil Play 170km2 3D seismic acquired 2011 Lelechow-SL1 20+ structures identified; follow up locations Well drilled in Aug. 2012 identified and being permitted for…
Poland Permian Basin Main Dolomite Conventional Oil Torzym and Cybinka Sosna 1 well drilled in 2012 9 leads in Main Dolomite, each 10+ MMbbl (recoverable) High porosity Toe of Slope facies Lubiatow (40 MMbbl field) analogues…
Poland Permian Basin Main Dolomite Conventional Oil Laski Forward Plan Main Dolomite Atoll Shoot 3D seismic data over complex Atoll 2013 Thick, reef facies on Process and invert 3D structural high survey, map prospect 120 MMbbl…
Silvia Prospect, Block 106 Permian Main Dolomite, Conventional Oil Play Drill-ready 5 10 MMboe conventional oil prospect High quality 3D to reduce risk High porosity and thick reservoir well defined in seismic Offset production…
Rawicz Permian Rotliegendes, Conventional Gas Plays 7+ Tcf conventional gas discovered in Rotliegendes in Polish Permian Basin Permian under-explored, little modern 3D data San Leon has concessions covering unproduced discoveries:…
Siekierki Gas Field, Poznan East Permian Rotliegendes, Tight Sandstone Siekierki Gas Field Contingent Resources: 422 Bcf 2C Gross Contingent Resources (1) GIIP: 2 TCF Mid Case GIIP (1) Current Plan: APEX undertaking an independent…
Rogity-1, Braniewo Baltic Basin, 5.5 MMbbl prospect Rogity-1 well drilled 2012 Discovered 10 meters of oil in the Cambrian Structural high in the Middle Cambrian sandstone formation Prospect is a 3-way high-side fault bound closure,…
Kowale Trend, Karpaty West Carpathians San Leon WI 60% (Operator); PGNiG (40%) 220 BCF Net P50 Unrisked Prospective Resources Resources Four licences 587,000 acres (2,349 km2) Working hydrocarbon system with production on licenses…
Niebieszczany-1, Bieszczady Carpathian Krosno Play Bieszczady Numerous large leads and prospects identified across licence Niebieszczany-1 well drilled in 2011 on Tarnawa Central prospect identified new shallower play in Krosno 7.7…
Putna, Brodina Romanian Carpathians San Leon WI 50% (Operator); Romgaz (50%) 39 MMbbl (net for Putna Prospect) Net P50 Unrisked Resources Prospective Resources One licence 356,000 acres (1,449 km2) Working hydrocarbon system with…
San Leon Energy Plc Page 1. San Leon Energy Plc Overview 4 2. High Impact Exploration 11 3. Near Term Production 44 4. European Shale Play 57 57
Spain Unconventional Resources Several TCF shale gas potential Under-explored Less than 500 exploration wells drilled. Active petroleum systems proven. Rich source rocks proven in wells and out-crop San Leon focus on…
Spain Cantabrian and Pyrenees Basin 4 licences in Cantabrian and Pyrenees Basin Unconventional prospectivity in Carboniferous, Jurassic, Cretaceous and Eocene sections. Serablo field sourced by Eocene Flysh Shesa Quimera estimates…
Spain Cantabrian and Pyrenees Basin Shesa estimates 200 Tcf in Valmaseda Fm. Tested 30 mmcfd in 1960s - without stimulation Valmaseda Fm. comprised of thick alternating shale sand sequences Black Flysch is thick, deep marine,…
Spain Ebro Basin 6 licences in Ebro Basin and sub-basins More than 1.5 million acres Aquiles Paleozoic section is main target Perseo Prometeo Organic rich shales in Carboniferous, Atlas Helios Silurian and Ordovician Cronos…
France: Paris Basin Licences Under Application 4 - Potential Shale Targets Paris Paris Basin Cross Basin Cross Section section Prospective 100 MMboe W E Age: Upper Liassic (Toarcian) Kerogen: Type II Oil content: 60 kg of…
NovaSeis The Crew is equipped with: Cableless OYO Geospace Seismic Recorder (GSR) system 4,200 GSR/battery units full 2D and 3D capability 5 Sercel NOMAD 65 vibrators sources (65,000 lbs) Full surveying capabilities In-field…
San Leon Energy Plc Potential 18 Month Forward Plan Foum Draa, Morocco Siciny-2, Gora Cairn 60mm carry on DFIT & Frac of existing well offshore well 2013/14 Gdansk West Sidi Moussa, Morocco Silvia, Block 106 Genel 50mm carry on…
Contact Information Oisn Fanning Executive Chairman oisinsanleonenergy.com Paul Sullivan Managing Director paulsanleonenergy.com John Buggenhagen Exploration Director johnbsanleonenergy.com Ireland London Warsaw 3300 Lake Drive 43…