Annual General Meeting June 12 2014 ABN 80 072 964 179
Company Snapshot Dual listing: ASX (TPT) and AIM (TPET) Headquartered in Perth, West Australia Prospect portfolio Offshore Morocco Circa 11, 282 km under license in emerging exploration hotspot in Morocco TAO-1 exploration well…
TAO-1 Seismic Inversion Results TAO -1 Offset stacked objectives in order of penetration Assaka Trident (primary target) TAO-1 TMA (contingent) Primary objective Trident at Mid Jurassic level targeting light oil Trident COS 21%…
Tarfaya Offshore Block: Relevance of Regional Drills FOUM ASSAKA-1 ( Kosmos 2014) Cretaceous Sandstones: Structural/ stratigraphic, salt play WD: 600m; TD 3830m; P & A Good oil & gas shows Prepared on behalf of the Company 8
Tarfaya Offshore Block TAO-1 vs Juby Maritime (Cap Juby) *** TAO-1 Different burial history to Cap Juby which the Company believes mitigates the risk of biodegradation in the Upper Jurassic Assaka target Prospects not uplifted by…
Tarfaya Offshore Block Prospective Resources Jurassic carbonate play fairway targeted as key play type in Prospective Oil Resources - Unrisked (MMBBL) 1 Morocco during 2014 by: Net Probabilistic Estimates: Gross (100%) (25%) Cairn,…
TAO Field: Conceptual Development Floating Storage & Offloading Shallow water development Fixed platform CAPEX US1.9 B (indicative gross) Expected to be significantly cheaper than deep water sub-sea development e.g. Jubilee Field…
Additional Prospectivity La Dam Prospect JURASSIC: La Dam: Jurassic follow-up potential Multiple stacked carbonate targets Structural + stratigraphic potential -extending 8-69 km2 Target Depth 3000-3300m Unrisked Best Estimate…
TAO 1 Countdown to spud - (indicative) Ralph Coffman Jack-up Rig Ralph Coffman mobilised Jack-up Rig Arrive Morocco early June awaiting wet tow Spud TAO-1 mid June 2014 to TAO-1 location Intersect primary objective Trident within 50…
Indicative Forward Program (All timings are estimates based on the best available information, but are subject to change) 14
New Venture Strategy African centric (but not limited to) where existing strong relationships/ knowledge can be leveraged Opportunistic outlook including: acreage awards farm-in opportunities and/or corporate transactions…
New Board and Management Mr Michael Evans Non-Executive Chairman Dr Stephen Staley Non-Executive Director Extensive executive and Board level experience with 30 years of energy management and technical experience publicly listed…
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