Value focused Methodical delivery ASX / AIM: OEX March 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…
India: Compelling investment proposition 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 power…
Oilex in India: Investment highlights Highly conducive energy market fundamentals in Gujarat, strong gas Strong Domestic P Economy demand for power generation and industrial uses, competing with predominantly imported LNG…
2C Contingent Resource: Market Valuation LSE/AIM Valuation - 2C Resources (USD/Boe) IGas Energy Ithaca Energy Petroceltic EnQuest Eland Oil & Gas average Tullow Oil Premier Oil Andes Energia* Parkmead Sirius Petroleum San…
Company Profile: ASX / AIM: OEX Oilex is listed on ASX and AIM ASX AIM 70 Geographic dispersion Share price (as at 12/03/15) 4.0 2.5p 60 Market capitalisation 27m 17m 50 40 % IC Ordinary shares 678m 30 Listed Options (Sep…
Transition: Moving to sustainable production and cashflow Indian Ocean Rim focus Onshore tight reservoir plays applying proven technology from US onshore industry India Targeting cash positive operations1 in India in H2 2015…
Cambay Field: Highlights Field resource 167MM Boe Independently Certified 2C Contingent Resource Cambay Field 50% liquids, 50% gas Acreage Cambay Basin: large oil province Cambay Field: 161 km (40,000 acres) Multiple…
Cambay Field: Proven oil and gas Geology proven to deliver 2,800m of prospective section 38 wells penetrated the Eocene formation 18 wells tested oil and gas to surface Remaining wells also had log indications Block-wide 3D…
Cambay Field: Substantial upside in four deeper zones Independently assessed Undiscovered P50 gross in- place volumes Gas: 12.6 Tcf Liquids: 11.6 Bn bbls Unrisked P50 gross prospective resources Gas: 934 BCF Liquids: 140…
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 Unrisked Contingent Resource Estimates (near term production and cash) Updated resource estimate to be Low (1C) Best (2C) High (3C) completed April Oil MMstb Gas BCF Oil Gas Oil MMstb Gas…
India: 2015 Activities and goals Targeting cash positive operations1 in H2 2015 2015 Cambay activities Cambay-73 gas sales agreement approved Cambay-77H gas sales agreement approved 2 well firm campaign in 2015 approved Longer…
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 17 oilexltd
Canning Basin: Wallal Graben revealed by seismic Regional seismic data infer A near-complete Ordovician sequence is preserved Possible thick Goldwyer Formation- primary source rock Potential for additional organic-rich…
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 positive operations1 in 2015 Compelling investment thesis Cambay operations Multi-well drilling campaign in 2015…
Company Profile: Board and Management Team Max Cozijn Chris Bath Non-Executive Chairman Chief Financial Officer & Over 32 years experience Company Secretary in administration of listed Over 20 years experience in companies.…
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