World-Class Oil & Gas Assets 12 month drilling plan exposes Taipan to 1.073 billion un-risked NPV 7 /bbl or 267 million risked NPV Kenya World class onshore oil exploration area Estimated 22.7 billion barrels gross unrisked…
Taipan Key Management 3 Max Birley, CEO and Director 34 years international exploration & production experience Discovered over 2.0 BBOE in 8 fields across 3 continents, 50% Success rate for Exploration wells Senior roles with…
Recent Commercial Activity in Kenya South Omo Marathon Block 7/8 Year Seller Buyer Blocks Gross New Age (% ) mm Block 11A Cepsa 2014 Swala Unknown 12B (25%) 17.7 2014 EHRC CEPSA 11(55%) c. 20 Block 11B Bowleven 2014 Simba Unknown 2B…
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 2 3000 MMBO resources in Genale Jurassic Cretaceous plays…
Comparison of Block 2B & Lokichar Basin Block 2B: Anza Basin Late Miocene Age Rift Lokichar - Late Miocene Age String Of Pearls Play Ngamia , Twiga & Ekales oil discoveries HOTHORI-1 2B Block Outline 0 20 ANZA-1 Tilted…
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 Badada Prospect Ngamia Gross Oil Resources Ngamia & Badada Top Auwerer Oil Zones Prospect 2C (MMBO) BE MMBO GCOS Top Lokhone Ngamia 180 281 64% Shale Badada - 251 30% Top Lokhone Ss Block 2B Badada…
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…
Drilling Activity in Kenya Taipan exposed to 1.34 billion of unrisked drilling activity Tultule-1 Drilling El Kuran Sabisa-1 El Kuran-3 Oil Shows Drilling testing Paipai-1 Light oil shows, 180ft sand, 656ft Cretaceous source…
Forward Next Steps Africa Oil is drilling the Sala Prospect (65 kms from Badada) spudded Q1 2014. Rumor Oil and Gas Shows Taipan Block 2B, plans to drill the Badada Prospect in Q4 2014 Gross 251 MMBO, 75 MMBO Net Afren, Block 1…
Contact Information Max Birley, CEO Joel Dumaresq, CFO +254 705 643 745 (Kenya) +(604) 306 4000 (Canada) mbirleytaipanresources.com +(604) 336 3193 (Canada) jdumaresqtaipanresources.c om 16 2013-04-25_TPN_CorpPres_V13.0