DORPORATE C DISCLAIMER ISCLAIMER SUMMARY Key Message Capital Structure Strategic acreage positions in Gippsland and Shares on Issue 518.3M Otway Basins Options (Exercisable at 0.04 by 14/10/14) 10.0M Gippsland Basin is the focus of…
IDNVESTMENT DISCLAIMER ISCLAIMER HIGHLIGHTS Concentrated, trend focused acreage holding in two productive basins Permits located close to existing producing fields, infrastructure and gas markets Exposure to strong outlook for…
EDASTERN AUSTRALIAN GAS MARKET ISCLAIMER Robust outlook for domestic gas demand commercial demand and shortfall for LNG export projects Limited supply options prompting renewed industry activity in Gippsland and Otway Basins East…
DISCLAIMER GIPPSLAND BASIN DYNAMICS Improving gas economics has resulted in transactional activity in and around Vic/P68 and Vic/P41 31 March 2014 Seven Group Holding 13 February 2014 announces proposal to Cooper Energy acquire…
DISCLAIMER G DISCLAIMER IPPSLAND BASIN (VIC/P41) VIC/P41 (BAS 64.565% & Operator) Located 40km south of the Victorian Coast Provides exposure to the easterly extension of proven producing trends 3D-defined, high impact gas…
DISCLAIMER G DISCLAIMER IPPSLAND BASIN (VIC/P68) VIC/P68 (BAS 100% & Operator) Permit granted in May 2012 for 6 year term Prospective for oil and gas across the Rosedale Fault Trend and Lake Wellington Fault Trend Contains the…
DISCLAIMER GIPPSLAND BASIN DYNAMICS Cooper Energy Basker Manta Gummy (BMG) Aug/Sept 2012 - Cooper Energy acquires 19.9% equity in BAS May 2013 - BAS increases interest in Vic/P41 to 64.565% July 2013 - Terms agreed with Cooper…
DISCLAIMER OTWAYDBISCLAIMER ASIN Large onshore acreage holding prospective for conventional and unconventional gas PEP 167 (BAS 100%) 408 km2 permit area focused on Casterton unconventional play and Waarre conventional gas play PEP…
DISCLAIMER OTWAYDBISCLAIMER ASIN High quality neighbours 11
DISCLAIMER OTWAYDBISCLAIMER ASIN Nearby drilling activity and catalysts Jolly-1 was drilled in the onshore Otway Basin PEL 495 (Cooper Energy 30%) The well was drilled outside of structural closure, targeting the gas potential of…
FDORWARD DISCLAIMER WORK PROGRAM ISCLAIMER Subsequent Current Year Permit Current Year Committed Work Committed Work Program Program Year 3, Third Term (29/11/2013 - Geological & Geophysical Gippsland Vic/P41 Drill one…
DORPORATE C ISCLAIMER STRATEGY Completed Commenced Ongoing Consolidate Portfolio & Divest/Farmout Gippsland Seek New Exploration, Appraisal Reduce Costs Basin Portfolio & Production Opportunities Withdrawn from deep water Formal…
SDUMMARY DISCLAIMER ISCLAIMER BAS is poised to leverage its strategic acreage positions in Gippsland and Otway Basins to deliver value for shareholders The Company has consolidated activity around permits of high value in the…