Value focused Methodical delivery ASX / AIM: OEX February 2015
Highlights: Foundations for value and growth Oilex has a diversified oil and gas portfolio, is focused on countries adjacent to the Indian Ocean Rim having proven onshore hydrocarbon provinces. Strategy Becoming a leading onshore…
Company Profile: ASX / AIM: OEX ASX 12 month share price performance versus peers Oilex is listed on ASX and AIM ASX AIM 80 70 Geographic dispersion 60 Share price (as at 3/02/15) 4.0 1.8p % IC 50 40 Market capitalisation 27m…
Transition: Moving to sustainable production and cashflow Indian Ocean Rim focus Onshore tight reservoir plays applying proven technology from US shale industry India Targeting cash neutral operations1 in India in H2 2015 average…
Oilex in India: A compelling proposition Investment Highlights Highly conducive energy market fundamentals in Gujarat, strong gas Strong Domestic demand for power generation and industrial uses, competing with P Economy predominantly…
India: Macro settings for continued growth India is worlds fifth largest energy consumer with a significant unsatisfied gas demand and associated high sustainable gas prices. Gas demand remains strong, Gujarat State with gas fired…
Cambay Field: Highlights Field resource 167MM Boe Independently Certified 2C by NSAI 50% liquids, 50% gas Cambay Field Acreage Cambay Basin: large oil province Cambay Field: 161 km (40,000 acres) Multiple productive reservoirs…
Cambay Field: Proven oil and gas Geology proven to deliver Cambay-11 Y flowed trace oil and gas Cambay-76H Cambay-63 2,800m of prospective Cambay-05 X 0.20 MMscfgd + 157 bcpd Y produced little oil section Y 4.1 MMscfgd + 170…
Cambay Field: Substantial upside in four deeper zones Additional potential independently assessed by NSAI Undiscovered P50 gross in-place volumes Gas: 12.6 Tcf Liquids: 11.6 Bn bbls Unrisked P50 gross prospective resources…
Cambay-77H: Proof of concept achieved Drilling operations Efficient drilling operations Repeatability of directional drilling capability Y zone reservoir Hydrocarbon saturated and no free water observed to date Properties are…
Cambay Comparison: Range Resources (NYSE: RRC) The experience of others helps shorten the learning curve The progress at Cambay Field compares favourably to others experiences in a new basin Range Resources Corporation ((NYSE: RRC)…
Cambay: Independent resource estimate (NSAI) NSAI has been Unrisked Contingent Resource Estimates (near term production and cash) engaged to update Low (1C) Best (2C) High (3C) resource estimate Oil MMstb Gas BCF Oil Gas Oil…
India: 2015 Activities and goals Targeting cash neutral operations1 in H2 2015 2015 Cambay activities Cambay-73 gas sales agreement approved Cambay-77H gas sales agreement approved Restart Cambay-73 & 77 production 2 well firm…
Australia: Canning Basin background Strategic rationale: Canning Basin Adjacent to global resource centre Significant energy demand Infrastructure within acreage Low-cost entry, concentrated prospectivity Long-term growth…
Western Australia: A global resource centre 16 oilexltd
Canning Basin: Wallal Graben revealed by seismic Jump correlations with regional seismic data infer A near-complete Ordovician sequence is preserved STP-EPA-0106 L12-08 Possible thick Goldwyer Formation - primary source rock…
Wallal Graben: New gravity survey proves the story Conducive to efficient exploration 15km wide 200km long within Oilex areas Prospectivity Conventional and unconventional Leads and prospects being compiled Drilling in 2017…
Oilex: Investment opportunity India Strategic focus Production, cash flow and reserves to increase Targeting cash neutral operations1 in 2015 Operating in a strong domestic economy Cambay operations Multi-well drilling campaign…
Company Profile: Board and Management Team Max Cozijn Ron Miller Non-Executive Chairman. Managing Director. Over 32 years experience in Management & Engineering. 38 years of administration of listed experience in the international…
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