14th October 2013 CORPORATE PRESENTATION Version 14.0
World-Class Oil & Gas Assets Kenya - worlds top onshore oil exploration area Estimated 22.7 billion barrels gross unrisked prospective resources in Tertiary/Cretaceous rifts following play opening discoveries in 2012* Only 58 wells…
A World-Class Team - Directors Max Birley, CEO and Director +30 years international exploration & production experience Senior roles with Marathon, Premier, Oil Search, Discovered over 2.0 BBOE in 8 fields across 3 continents…
World Class Management Team Paul Logan, Exploration Manager Over 35 years experience in international exploration Justin Blanchet, Corporate Accountant Previously Chief Geologist at Heritage Oil Qualified as a Chartered Accountant in…
Recent Commercial Activity in Kenya Over 200 million farm-in activity in the last 12 months South Omo Marathon Block 7/8 Year Seller Buyer Blocks (% Interest) Gross Oil seep New Age Investment Oil discovery mm 2013 Taipan Premier…
Surrounded By Success Proven Plays & Discoveries Ogaden Basin Muglad & Melut Heglig+Unity Field 4 TCF gas in Karoo & Jurassic Basins 594 mmbbl of oil plays + El Kuran oil 6 bn bbls oil in Cretaceous plays Genale Jurassic Oil seep…
Drilling Activity in Kenya Two tested oil discoveries, 3 wells with oil shows that will flow on test, 6 wells to be drilled in next 12 months next to or near Taipan acreage Tultule-1 Drilling El Kuran 1.3 BBO Sabisa-1 El Kuran-3…
East African Basin Scale Comparison N 2.5 Billions bbls 200 mmbbls 130 km All diagrams = same scale 9 Albert & Lokichar Basins are each 6,000 km2 Anza Basin 78,000 km2
Block 2B & Block 9 - Contiguous Exploration Trends & Significant Potential BLOCK 9 Sala-1 Prospect NDOVU-1 100 km2 402 mmbbl DUMA-1 Pearl Pearl Prospect Prospect 43Xx 2 200 kmkm 2 xx mmbbl mmbbl+ KAISUT-1 Basement Area…
Comparison of Block 2B & Blocks 10BB/13T Blocks 10BB+13TCF: Lokichar Block 2B: Anza Basin Late Miocene Age Rift Basin - Late Miocene Age Rift String Of Pearls Play Present in both basins & proven in Twiga + Ngamia oil…
Block 2B PSC and Work Program Summary 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 PSC Signed End IEP Ext. End 1st Add. EP End 2nd Add. EP 17-09-2008 1-06-2013 1-06-2015 1-06-2017 Initial Exploration Period & Extension 1st…
Comparison of Ngamia-1 and Pearl-1 Prospect Gross Oil Resources Ngamia Ngamia Top Auwerer Oil Zones 2C BE (MMBbl) (MMBbl) Top Lokhone Shale 180 281 Top Pre-drill Chance of Success: 64% Lokhone Ss Block 2B Pearl Prospect P1…
Comparision of Etuko-1 and RFB -4 Prospect Etuko Gross Oil Resources 2C MMBO BE 100 Pre-drill Chance of Success: 34% Block 2B RFB-4 Prospect RFB 4 P1 closing contour Source: Africa Oil Corp website /…
Block 1 PSC and Work Program Summary 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Commencement End IEP Ext. End 1st Add. EP End 2nd Add. EP 8-10-2008 8-10 -2012 8-10-2014 8-10-2016 Initial Exploration Period & Extension 1st…
Block 1 Summary 20% working interest, 22,247 km2 Acreage Block 1, 22,247 km2, 20% working interest, Afren 80%, Operator Wells & Seismic Map Basin is the southward extension of the hydrocarbon-proven Ogaden El Kuran Oil Discovery…
Summary and Next Steps Taipan Resources (Lion Petroleum Corp) signed Farm in Agreement with Premier Oil on the 3rd October 2013. Premier Oil plc is a leading FTSE 250 independent exploration and production company with interests in the…
Share Structure As at 14th October 2013 Issued & Outstanding 85,299,363 Warrants 53,341,886 19,400,000 exercisable at 0.12 per share until March 2015 23,523,540 exercisable at 0.60 per share until July 2017 10,418,346…
Contact Information Max Birley, CEO Joel Dumaresq, CFO +254 70564 3745 (Kenya) +(604) 306 4000 (Canada) +1 830 998 2252 (USA) +(604) 336 3193 (Canada) mbirleytaipanresources.com jdumaresqtaipanresources.c om 19…
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