Frontier Explorer with a Clear Path to Shareholder AGM November 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 and TAP 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…
VIC/P67: Proven La Bella - 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 Foundation for…
VIC/P67 : AWE and TAP Farm-In Farm-In executed with AWE on 3rd September 2013 and TAP on 18th September AWE acquired 60% working interest through payment of 75% of the costs of the 3D Seismic Survey capped at 12M TAP pay up to…
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…
VIC/P67 : Economics Summary CAPEX 7.50/GJ 8.70/GJ M NPV NPV WHL WHL NPV NPV WHL WHL 100% 25% 25% 100% 25% 25% M M /share M M /share La Bella 2C 115 PJ 255 85 21 0.015 120 30 0.021 La Bella + North 2C + P50 Prospective 315 174…
VIC/P67 : La Bella 3D Seismic Acquisition CGG Viking II commenced acquisition of the La Bella 3D Seismic Survey on 14 November 2013 Operations are proceeding to plan: No HSE incidents Acquisition on schedule with 20% of the…
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 (P50 MOZAMBIQUE Prospective Resources) Large…
Seychelles : Value Delivered Prospect / Lead Prospective Resources (MMbbl Oil) P90 P50 P10 Mean Junon South 89 273 804 392 Beau Vallon Junon East 23 102 428 191 Junon NW WHL 55 171 495 241 Junon Central 33 109 349 164 Junon NE 189…
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…
Conclusion WHL Energy - Frontier Explorer with a Clear Path to Production 1. Vic/P67 asset is moving forward into the 3D seismic acquisition phase AWE & Tap Oil farm-ins completed Seismic acquisition awarded and currently in…