Corporate Presentation June 2014 TSX-V: PMI www.petromanas.com
Corporate Strategy Pursue large acreage positions with a Conduct full technical analysis at the high working interest basin and prospect level using good Target material resources exploration practices and prudent seismic acquisition…
Asset Summary: Basins with Proven Resource Potential Albania Albania France Australia Asset Blocks 2-3 Blocks D-E Aquitaine Basin Canning Basin Shpirag discovery, West Rova, Ledeuix: 6 Regional Prospects/Leads Molishti, Golemaj,…
2014: An Appraisal Year 2013 2014 2014 2014 2014 Q1 Q2 Q3 Q4 Discovery well Finalize seismic Molisht-1 drilled Molisht-1 Release Molisht-1 Shpirag-2 has interpretation on to total depth completion and test analysis positive well…
ALBANIA Photo: Molisht-1 Wellsite
Albania: Investment Highlights Over one million gross acres within four onshore blocks World Class Significant oil potential in basin; Shpirag-2 light oil discovery Oil Opportunity Prospects range from 67 to 233 mmboe recoverable…
Albania: Onshore Geology and Fields Existing oil fields are in Blocks 2-3, both clastic and carbonate Carbonate fields on the northwest- southeast Kurveleshi thrust belt, producing since the 1960s, are analogues for prospects on…
Albania: Hydrocarbon Blocks Onshore / Offshore 10
Albania: Regional Adriatic Geology Italy Albania Val DAgri operated by Eni (Shell 40%), producing 85,000 bbl/d (30 wells)1 Tempa Rossa operated by Total (Shell 25%), first production 2016 capacity 50,000 bbl/d (6 wells)2…
Albania: Blocks 2-3 Exploration Summary Shpirag-2 233 mmboe* Rig release July 14, 2013 Testing completed November 2013 Shpirag-3 Molisht-1 Shpirag-4 142 mmboe* Casing set to 4,174 m Drilling ahead 4,400+ m 2D Seismic…
Albania: Drilling Molisht-1 Berati Fault Expected carbonate Well cased to: 4,174 m Depth to reservoir: 4,200 Prospective resource volume: Pmean= 142 mmboe 13
Albania: Compelling Initial Well Test Results at Shpirag-2 Extended three day test Well flowed at rates of 1,500 to 2,200 boe/day 800 to 1,300 bpd of 35 to 37 degree API oil and 2 to 5 mmcfd of gas Gas to oil ratio in the range of…
Albania: Outcrops Indicate Reservoir Fractures 300 m Photo: Shpiragu Mountain Major fracture corridor Minor fractures (aerial extent of out crop) 15
Albania: Well Rates Depend on Fractures North 50 m Maximize well rates -- through fracture connectivity and deviated wells Fracture studies underway to optimize well bore placement to maximize flow rates 16
France: Investment Highlights 170,000 gross acres in two onshore permits, Ger and Ledeuix Gas Multiple prospective gas reservoirs; Eocene, Lower Cretaceous Opportunity Thrusted anticlines, naturally fractured carbonates Favorable…
France: Aquitaine Basin Discovered Reserves N L uss ag ne t Tertiary Basin Iz aute Cretaceous Basin Major Gas A u d ig n o n Lower Cretaceous Basin FCNP Pecorade B as s in B as s in d 'O r th e z d 'A rz a c q Vic Bilh…
France: Aquitaine Basin Multi-Horizon Opportunity Age Litho. Recent Oligocene Eocene/Paleocene Potential bypassed gas in Eocene to Lower Cretaceous (conventional gas reservoirs) Upper Cretaceous Lower Cretaceous 600 - 4,000 m…
France: Ger and Ledeuix Exploration Summary Renew licenses for further five years (applications submitted) Completed full technical review of shallow and deep gas potential Complete third party resource assessment on Ledeuix…
AUSTRALIA
Australia: Canning Basin 100% working interest 1.6 million acres 24
Australia: Canning Basin EP464 and EP486 Permits PPMI Permit Area 25
Australia: Canning Basin Exploration Summary Completed regional gravity/magnetics study Completed technical review and revise play concepts Data room open; finalize farm out options Complete EP464 permitting activity for…
2014: To Year End Albania TD Molisht-1; complete and test Spud Sphirag-3 France Renewals expected for Ger and Ledeuix permits Finalize Ledeuix resource assessment Deep well permitting and preparations Australia Complete…
Capitalization Snapshot Exchange TSX Venture Symbol PMI 52 Week Range C0.08 - 0.36 Stock Price (May 21, 2014) C0.34 Market Capitalization C236 million Basic Shares Outstanding1 694 million Warrants2 100 million Options3 40 million…
w w w. p e t r o m a n a s . c o m Investor Relations TMX Equicom Nick Hurst +1 (403) 218 -2835 nhursttmxequicom.com Petromanas Energy Inc. Suite 1720, Life Plaza 734 - 7th Avenue SW Calgary, AB T2P 3P8 infopetromanas.com +1 (403)…
APPENDIX
Corporate: Management Glenn McNamara has more than 30 years of oil and gas exploration and production experience in Canada, the USA, South America, and the Asia Pacific region. He received his Masters of Business Administration from…
Corporate: Board of Directors Verne Johnson is a Professional Engineer with over 35 years of experience in the oil and gas industry. He worked for Imperial Oil and Exxon until the early 1980s before entering the independent oil…
Corporate: Board of Directors Wesley K. Clark is a businessman, educator, writer and commentator. General Clark serves as Chairman and CEO of Wesley K. Clark & Associates, a strategic consulting firm; Co-Chairman of Growth Energy;…
Corporate: Structure Petromanas Energy Inc. (Alberta, Canada) Gallic Lux 1 Exceed Energy (Australia) Pty Ltd. Petromanas Albania GmbH (Australia) (Albania) Gallic Lux 2 EP 464 EP 486 Blocks D-E Blocks 2-3 Permit Permit…
Albania: Overview Stable Political Environment Constitutional democracy - 1991 Member of WTO, European trade organizations NATO member Visa free travel in Europe January 1, 2011 EU conditional candidate Foreign Direct Investment…
Albania: Assets 2 production sharing contracts (PSCs) 4 onshore blocks covered by the PSCs 100% working interest in 259,650 acres Blocks D-E working interest in 852,000 gross acres 25% Blocks 2-3 1.1 million gross acres…
Albania: Blocks 2-3 Additional Farm In June 2013 Working interest PMI now 25% of Blocks 2-3 Joint Venture with Shell Equalize costs Equalization of Blocks 2-3 sunk costs Shpirag-2 well carry to gross 50 million cap* Molisht-1 well…
Albania: PSC Fiscal Terms Each licensed block is a negotiated PSC (terms may vary with agreement) Once work commitments are completed, the operator earns 100% working interest in all oil and gas production from the PSC, less a…
Albania: PSC Work Commitments Blocks Current Exploration Period Next Exploration Period Second Exploration Period SEP (two years) Third Exploration Period - TEP (two years) Expiry December 25, 2013 Expected to begin on date of final…
Albania: GLJ Resource Report July 2011 Prospective Resource Assessment Summary UPIIP Unrisked Prospective Resources Mean Results Mean Results Block Prospect Oil MMstb Gas BCF MMBOE Oil MMstb Gas BCF MMBOE 1 D-E West Rova 221 340…
Albania: Existing Infrastructure Oil Infrastructure Pipeline from Patos Marinza field to Fier Hub New four lane highway with trucking capability of 30,000 bpd from Fier Hub to Vlore 70,000 bpd (Bankers Petroleum) pipeline approved…
France: Ger and Ledeuix Permits Ledeuix Permit 394 km2, 97,360 acres Hagolle-2 drilling license approved; plan to re-license for 4,500 m Lacq Field 9 Tcf Preparing resource evaluation Meillon Field 2 Tcf Ledeuix Ger Permit…
France: Ger Undiscovered Petroleum Initially in Place Ger Permit Gas Resouces (Unrisked) Area Formation Unrisked UPIIP (BCF) Low Best Mean High Ossun Flysch/Eocene 69 177 247 506 Eocene 7 45 82 195 Azereix/Ger Aptian 56 162…
France: Infrastructure / Fiscal Terms Excellent No royalties on 1st 10.6 BCF/field/year Geographic Then 5% royalty Fiscal Terms 34% income tax Positioning Pa ris A q u itaine B as in Ledeuix Ger Exploration Supply /…
Corporate: Exploration Objectives Complete high impact Demonstrate Ensure adequate Albania wells commercial viability of capital resources oil discovery in Albania Finalize France evaluation; Position Australia for a farm…
www.petromanas.com Investor Relations TMX Equicom Nick Hurst +1 (403) 218 -2835 nhursttmxequicom.com Petromanas Energy Inc. Suite 1720, Life Plaza 734 - 7th Avenue SW Calgary, AB T2P 3P8 infopetromanas.com +1 (403) 457-4400
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