CORPORATE PRESENTATION 22nd September, 2014 Version 19.3
Taipan Team: Key Management & Directors 130 years experience in international E&P, 30 years focused on Africa Max Birley, CEO & Director Paul Logan, Exploration Manager Joel Dumaresq, CFO & Director 34 years international exploration…
July 2012 to Present: What Have We Delivered Block 1 20% Afren Operated Block 2B 30% Taipan Operated Today 2013/2014 Fully funded for wells on Block Premier Oil & 2B, spudding December 2014, Tower operated by Taipan and well…
The Future: What are we Going to Deliver Focus: Widen our portfolio in Africa where our skill set is relevant Strategy: Execution: To identify high impact / quality exploration Drilling plan exposed to gross 3301 to prospects and…
Surrounded By Success Proven Plays & Discoveries Taipan Blocks El Kuran El Kuran-3 Susp. Tight gas Block 1 Albert Basin Khorof/El Wak 69% Success Rate1 Prospects 78 to 500 MMbbls3 2 Wells, Spud Q4 2015 Block 2B Oil…
Does Kenyan Onshore Acreage Have Value Block 7/8 South Omo Marathon New Age Seller Buyer Blocks Gross (% ) mm Block 11A Taipan Tower 2B (15%) 11 Cepsa Swala Unknown 12B (25%) 18 Block 11B Bowleven EHRC CEPSA 11 (55%) 20 1A…
Block 2B: On trend from Africa Oils Block 9 Gross Oil Resources Sala-1 BLOCK 9 Gas Discovery Prospect MMbbls GCOS 6 MMscf/d from 25-metre net pay interval Badada 2511 30% Basement Area Badada-1 Spud December 2014 43 km2 251…
Block 2B: Comparison with Lokichar Basin Block 2B: Anza Basin Late Miocene Age Rift Lokichar - Late Miocene Age String Of Pearls Play Etom, Agete, Twiga, Ekales, Ngamia & Amosing oil discoveries Rotated Fault Block Play Etuko…
Block 2B: PSC and Work Program Summary (30%) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2nd Additional Initial Exploration Period & Extension 1st Additional Period 1 Well + 2D Seismic Period Seismic Acquisition + FTG…
Block 1: Hydrocarbon Shows & Lead Inventory Taipan 20% Mandera Afren 80% (Operator) 400 sq km 3-way strat pinch-out field extension Permo-Triassic Mandera Lugh Basin Onlap Stratigraphic 24,000 sq km block play Largely untested…
Block 1: El Wak Prospect Summary Tarbaj Hill: Extensive Fluid Inclusions and Surface Seepage Simple fill-to-spill and migration pathways 1200 sq km gravity high Bur Wein large surface anticline in southern area Documented…
Block 1: Khorof - Prospect Summary Depth 10km License Block 1, Kenya 50m CI Prospect Name Khorof Prospect Area 70sq km Target Reservoir Adigrat Sandstone Volume 78 MMbbls1 (326 MMbbls)2 SW 4km Khorof 4-way dip closure NE…
Block 1: PSC and Work Program Summary 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Initial Exploration Period & Extension 1st Additional Period & 2nd Additional Period Seismic Acquisition + Gravity/Magnetic Survey 2 Wells + 2D…
Next Steps Spud the Badada Prospect in Block 2B in Q4 2014 targeting gross 251 MMbbls, 75 MMbbls1 Net to Taipan Updated NI 51 101 resource report on Block 1 to be issued post completion of seismic campaign Identifying additional…
Block 2B: Comparison of Kingfisher, Ngamia, Sala, & Badada NW Kingfisher-1 SE SW Sala-1 NE E Ngamia W S Badada N Top Auwerer Oil Zones Top Lokhone Shale Top Lokhone Ss Basement 1 5 15
Block 2B:Comparison of Ngamia-1 & Badada Prospects Gross Oil Resources E Ngamia W Top Auwerer Oil Prospect 2C Pmean GCOS Zones (MMbbls) (MMbbls) Top Lokhone Ngamia 3401 - - Shale Badada - 2512 30% Top Lokhone Ss Block 2B…
Block1: El Wak 2014 Seismic Programme E G A 300 km 2D data to be acquired Polaris selected as contractor B C Acquisition to commence Q3/Q4 2014 D F 17
Moving Price/ Volume January, 2013 September 2014 Average Daily Volume 578,395 52 Week 0.22 0.66 18
Capital Structure As at July 14, 2014 Issued and Outstanding 106,842,646 Warrants * 71,886,876 Options 7,850,000 Fully Diluted 186,579,522 Insider Holdings 11% Institutional Holdings 12% * Warrants outstanding are as…
TSX.V: TPN OTCQX: TAIPF Contact Information Max Birley, CEO Joel Dumaresq, CFO +254 705 643 745 (Kenya) +(604) 306 4000 (Canada) mbirleytaipanresources.com +(604) 336 3193 (Canada) jdumaresqtaipanresources.com 21