MNP Petroleum Company Presentation March 2015 TSX - V: MNP OTCQB: MNAP www.mnppetroleum.com
WHO WE ARE MNP is changing from Exploration to Exploration & Production Focus in Central Asia for: Exploration Production Diversified asset portfolio in a basin with proven petroleum system Low and medium risk plays Shallow…
MNPs Assets Gross Acreage Country E&P Operator Working Interest Blocks/Fields (000s acres) Tajikistan Exploration Somon Oil 90 % 2 839 Tajikistan Production Petroleum Sugd 37 % 10 47 Gobi Energy Mongolia Exploration 74 % 2…
Focus: Fergana Basin Exploration Production 3396 sqkm acreage (839 acres) 10 producing fields 1310 km 2D seismic acquired to date Redevelopment and rehabilitation Commencement of drilling beg. Q3 2015 Upside: appraisal/development,…
Exploration in Fergana Basin Tajikistan 6
Exploration: Key Wells 2015/2016 Somon 2011/12 2011/12 Acquisition Acquisition Somon 2010 2010 Acquisition Acquisition Somon 2007 2007 Acquisition Acquisition Non Somon Earlier Acquisition Acquisition 50 km West Supetau…
Exploration: Kayrakkum Prospect Target depth 47005000 m, TD: 5200 m Analog: Niazbek-Karakchikum field Somon 2011/12 2011/12 Acquisition Acquisition SomonAcquisition 2010 2010 Acquisition SomonAcquisition 2007 2007…
Exploration: West Supetau Prospect Target depth 3800 4200 m; TD: 4500 m Analog: Mingbulak and Mahram Closest production from same reservoir in Mingbulak (250 MMBOE reserves) Closest discovery in same reservoir, however, only partly…
Exploration Resources Proven petroleum systems Bordering producing fields as analogues Unrisked Contingent Resources*(Gross / MNP working interest 90%) OOIP Contingent Resources Licenses Mean MMBO Mean MMBOE Northwestern 137.5…
Exploration Project Terms Production Sharing Agreement (PSA) Terms confidential No royalty 100 % cost recovery No profit tax No export limitations Exploration phase expires July 2017 respectively July 2016 Extension of Initial…
Conclusion Exploration Fergana Basin Licenses: Connected and forming one large area Modern seismic acquired 2008-2012 Prospects and leads defined Three drill ready prospects: First well: Kayrakkum B, down dip of oil and gas field…
Production in Fergana Basin Tajikistan 13
Location of Producing Fields 10 producing fields Fields run down due to lack of: Upside: technology appraisal & development 2P reserves: 30+ MMBO investment exploration Production 2014: 210 bopd Redevelopment and rehabilitation…
Producing Fields Shallow Field Alignment Deep Fields Intermediate Fields Hanging Wall Reservoir N S 500m 0 Ng 500m 1000m Footwall Reservoir Pg K 1500m Msg 2000m Pz N 2500m 3000m 3500m S Oil and Gas fields…
Production Potential Increase production through: proper maintenance including investment in new equipment Starting with current active wells Using shut-in and abandoned wells (totally 230 wells had produced with initial rates up…
Conclusion Fergana Basin Exploration: Resource potential Fergana Basin of 4 BlnBO (EIA, USGS); Of which 75 % yet to be discovered two exploration areas near producing fields Proven petroleum system Subsalt plays at center of basin…
Exploration in East Gobi Basin Mongolia 18
MNPs Exploration Blocks: XIII and XIV MNP: 74%WI, operator Shunkhlai Group: 10 % WI Swiss Group: 8 % WI Hong Kong Group: 8 % WI Acreage 3,018 sqkm Close to existing production Acreage surrounds two producing fields in PSC 97…
Good Neighborhood Blocks XIII and XIV surround PSC 97 operated by Sinopec subsidiary Dongsheng: Zuunbayan and Tsagaan-Els oil fields Current production approx. 1,600 bopd; API 22 35 Primary exploration targets in the East Gobi Basin…
Prospective Areas Before Drilling Ger Chuluu Subbasin (Focus on 6 Subbasins) After Drilling Ger Chuluu Subbasin (Focus on 3 Subbasins) Resources P50 unrisked (Gross / MNP Working Interest 74%) TOTAL OOIP: 325 MM Source:…
Production Sharing Contract (PSC) PSC Terms: 100% Cost recovery out of 40% cost oil State royalty: 12% Contractor share of Profit Oil: 36.5% - 56.5% (depending on production) No export limitations Exploration phase expires May…
Conclusion East Gobi Basin Drill ready prospects Shallow exploration (cost of a well: 1 - 2 million USD) Infrastructure available (producing fields in neighborhood) Recoverable past costs to date: 13 million USD Market for…
Financial 24
Capital Structure Exchange TSX Venture OTCQB Symbol MNP MNAP Market Capitalization CAD 17.3 million USD 15.5 million Stock Price (March 6, 2015) CAD 0.10 USD 0.0895 52 Week Range CAD 0.045 CAD 0.19 USD 0.04 USD 0.17 Common Shares…
Summary MNP is changing from Exploration to Exploration & Production Exploration acreage in Fergana Basin, Tajikistan Proven Petroleum System High potential prospects 3 drill ready prospects o First well: beginning of Q3 2015…
Contact Information: MNP Petroleum Corp. Dr. Werner Ladwein, CEO & President Bahnhofstr. 9, P.O. Box 1259, Peter-Mark Vogel, CFO & Corporate Secretary CH-6341 Baar, Switzerland Tel: +41 44 718 10 30 Email: infomnppetroleum.com Fax: +41…
Management Team Former Head of Exploration and Research of OMV; CEO of various international operations with OMV; E&P Executive Director Petrom Werner Ladwein and member of the Board; Director of several private corporations Chief…
Board of Directors Founder of MNP Plays a critical role in targeting, appraising and acquiring the rights Heinz Juergen Scholz to major oil and gas assets in the FSU Chairman of the Board Experienced in construction of factories and…
Board of Directors Current Director of Client Solutions for Sanjel Canada and Director of the Society of Petroleum Engineers (SPE) International. Board Chair for Green Imaging Technologies Inc. Past Managing Director of St. Brendans…
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