Presentation Dec 2013 Presentation DEC 2013 multi-stage asset revenue JV secured with portfolio backed generative Kosmos Energy Europa Europa Oil & Gas Oilplc& www.europaoil.com (Holdings) Gas (Holdings) Plc: EOG AIM AIM: EOG…
Presentation Dec 2013 OVERVIEW AIM-listed oil and gas exploration and production company with a balanced portfolio of multi-stage assets including UK onshore Net mean risked & PROFILE producing fields and highly prospective…
Presentation Dec 2013 KEY DATA MARKET AIM TICKER EOG SHARE PRICE 6.125p (16.12.13) MARKET CAP 8.39 million SHARES IN ISSUE 136.86 million NOMINATED ADVISER & finnCap Ltd BROKER Europa Oil & Gas (Holdings) plc…
Presentation Dec 2013 STRATEGY 100m + market cap New ventures via ground floor licence application & farm-in Pursue strategic acquisition to accelerate portfolio growth & achieving target objective Drill up existing…
Presentation Dec 2013 PORTFOLIO UK FRANCE production and gas exploration and exploration low appraisal mod risk/moderate reward risk/high reward The Irish IRELAND Atlantic frontier oil exploration high risk/ very high…
Presentation Dec 2013 IRISH ATLANTIC MARGIN EXPLORATION o FEL 2/13 and FEL 3/13 MULLEN PROSPECT o combined 1550 km2 in the underexplored 200km South Porcupine Basin, offshore Ireland o Large Lower Cretaceous clastic prospects in…
Presentation Dec 2013 OUR INSIGHT W E MULLEN PROSPECT Development of Late Aptian- Early Albian marine mudstone top seal Lateral/Updip pinch out of turbidite sandstone reservoir Mid Aptian Unconformity and correlative…
Presentation Dec 2013 PORCUPINE BASIN: EXPLORATION HOTSPOT FEL 2/04, FEL 4/08, LO 11/3 Cairn Energy farm-in to Chrysaor and Sosina Burren Drill Spanish Point Q2 2014 Lower Cretaceous oil discovery 700 bopd LO 11/10 LO 11/03,…
Presentation Dec 2013 IRISH LICENCES FARM-IN o Kosmos acquired an 85% interest and operatorship of Europas two Licencing Options o Kosmos paid 85% of costs incurred by Europa to date and fully fund 3-D seismic programme on o…
Presentation Dec 2013 FAST TRACK EXPLORATION o Early conversion to 15 year Frontier Exploration Licences (FEL) on 5 July 2013 o Phase 1, July 2013 July 2016: 740 km2 seismic obligation o Phase 2, July 2016 July 2020: commitment…
Presentation Dec 2013 ONSHORE FRANCE GAS EXPLORATION AND APPRAISAL o Located in very close proximity to giant gas fields and gas infrastructure o Fractured carbonate reservoir, hot and sour, similar to nearby Lacq (9tcf) and…
Presentation Dec 2013 BERENX GEOLOGIC SETTING Europa Oil & Gas (Holdings) plc www.europaoil.com AIM : EOG 13
Presentation Dec 2013 CROSS SECTION THROUGH BERENX SW Berenx 1 Berenx 2 Sainte Suzanne Thrust NNE Salies Thrust Albian event Gas shows Neocomian event Gas test Lower Kimmeridgian event 83HBS-01 Europa Oil & Gas…
Presentation Dec 2013 FRANCE: TARGETING A WELL WITHIN 18 MONTHS o Barn des Gaves Permit renewed until March 2017 with an expenditure commitment of approximately 2.5million o Strategy to drill a well on the shallow gas play first…
Presentation Dec 2013 ONSHORE UK PRODUCTION: EAST MIDLANDS o Three producing fields: Crosby West Whisby Warren Firsby o Mean net risked reserves 0.53 million barrels o FY14 target production of 165 boepd o Initiatives on-going…
Presentation Dec 2013 ONSHORE UK EXPLORATION: EAST MIDLANDS PETROLEUM PROVINCE Broughton EOG has 33% interest with estimated mean gross unrisked resources of 1.85mmbo. Flowed oil when drilled by BP in 1984. Wressle Kiln…
Presentation Dec 2013 ONSHORE UK EXPLORATION: THE HOLMWOOD PROSPECT, THE WEALD BASIN, SURREY o Jurassic sandstone reservoirs in the Weald Basin, Surrey PEDL 143 WEALD BASIN o Europa 40% working interest (Egdon Resources 38.4%,…
Presentation Dec 2013 2014 2015: HIGHLY ACTIVE UK Drill decision in PEDL 181 drill in H2 2014 Q1 2014 drill exploration well at Wressle PEDL 180 UK Consider fast follow up with 2nd well if 1st is successful France Complete…
Presentation Dec 2013 FUNDED FOR SECOND WELL IN 2014 Use of Proceeds of Placing million UK, Kiln Lane / PEDL-181 - Well cost 1.15 - Extended well test 0.5 - Well planning, permitting and other 0.25 Ireland 0.6 -…
Presentation Dec 2013 OPEN OFFER o Qualifying Shareholders as at the Record Date have the opportunity to subscribe for Open Offer Shares on the same terms as the Placing o Basic Entitlement : 1.4024 Open Offer Shares for every 10…
Presentation Dec 2013 INVESTMENT SUMMARY o Combination of stable production and highly prospective exploration o Aiming to drill up to 6 wells in next 24 months, France and Ireland are potential company makers o Fully funded to…
Presentation Dec 2013 CONTACT Europa Oil & Gas (Holdings) Plc Porter Street, London, W1U 6DD UK Telephone +44 20 7224 3770 maileuropaoil.com www.europaoil.com Frank Buhagiar/Lottie Brocklehurst St Brides Media & Finance…
Presentation Dec 2013 APPENDICES Europa Oil & Gas (Holdings) plc www.europaoil.com AIM : EOG 25
Presentation Dec 2013 BOARD OF DIRECTORS Hugh Mackay Hugh Mackay, a geologist, joined Europa in 2011. He has a wealth of experience in the oil and gas sector, including eight CEO years at BP in a variety of roles in the UK, the Oman…
Presentation Dec 2013 MULTI-STAGE PORTFOLIO OF ASSETS Europa Assets Oct 2013 Country Working Stage Interest West Firsby UK 100% Production Crosby Warren UK 100% Production Whisby UK 65% Production Holmwood, PEDL 143 Licence UK…
Presentation Dec 2013 5 YEAR HISTORY ,000 Year to 31 July 13 Year to 31 July 12 Year to 31 July 11 Year to 31 July 10 Year to 31 July 09 Production, boepd 182 200 169 180 215 Revenue 4,503 5,080 3,766 3,091 2,936 Cost of Sales…