1st February 2013 CORPORATE PRESENTATION Version 12.1
Block 1, 20%, 31,781 km2 Legend Block 2B , 100% , 7807 km2 9.77 million gross and 3.49 million net acres Position only 2 SOUTH 11B B No shows Net unrisked prospective resources 530 mmbls E B Oil shows SUDAN ETHIOPIA Gas shows…
Taipan Resources 3 A World-Class Oil & Gas Team & Assets Taipan Resources (TSX-V: TPN) is a new Africa-focused exploration company actively building a multibillion barrel prospective resource portfolio Strong board and management team…
4 Strong Board & Management Team 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…
License Holders Onshore Taipan Resources SOUTH (+Afren in Block 1) SUDAN NOCK (14T) ETHIOPIA Tullow Oil (10A,10B, 10BB, 12A, 12B, 13T) 11B ERHC (11A) 11A 10B Adamantine (11B) Lake Turkana B Africa Oil Corp. (9) Simba Energy…
License Holders Offshore 6 SOUTH TOTAL (L-22) BG Group (L10A, L10B) SUDAN ETHIOPIA Eni Spa (L-21, L-23, L-24) 11B Anadarko (L-5, L-7, L-12, L-11A, L-11B) 11A 10B Lake Apache (L-8) Turkana B Ophir (L-9, L-15) B 10A 1 Afren…
License Holders 7 Onshore Offshore Taipan Resources TOTAL SOUTH (+Afren in Block 1) BG Group SUDAN NOCK ETHIOPIA Eni Spa Tullow Oil Anadarko 11B 11A ERHC 10B Apache Lake Adamantine Ophir Turkana B Africa Oil Corp. Afren B…
4th Largest Acreage Holder in Kenya 8 After Tullow, Africa Oil, & Afren South Omo Taipan Holdings: 31,781 km2 + 7807 km2 = 39,588 km2 SOUTH 11B Marathon 50M Taipan Resources SUDAN ETHIOPIA Blocks 1 & 2B Block 1 & 2B include…
9 Recent Commercial Activity in Kenya 117 million farm-in activity in last 3 months 2009, Block 1 - Afren farm-in (to Lion Petroleum) for 12 million South Omo Marathon buy Block 7/8 New SOUTH 11B 20% 40+10 million Age farm-in 2011,…
Proven Plays & Discoveries: 10 Surrounded By Success Muglad Muluk Heglig+Unity Field Ogaden Basin Basins 594 mmbbl of oil 4 TCF gas in Karoo & 6 bn bbls oil in Jurassic plays + El Kuran oil Calub - Hilala Cretaceous plays Gas Fields…
Drilling Activity in Kenya 11 17 onshore & 7 wells offshore to be drilled in 2013 Sabisa Prospect El Kuran Oil drilling El Kuran-3 H1 2013 1.3 BBO Paipai Prospect Drilling Block 1 Twiga South-1 Spud 2013/14 Oil Discovery…
Older Exploration wells did not test Seismic Phase 12 the plays. Deviated drilling is required 20 15 10 5 0 Block 1 Taipan 20% Area 31,781 km2 First Additional Exploration Period
13 Block 1 - Summary Block 1, 31,781 km2, 20% WI, Afren 80%, operator Wells & Seismic Afren carrying Taipan through 12 million of an 1,900 km 2D seismic program. Basin is the southward extension of the hydrocarbon-proven Ogaden…
Mandera-Lugh Basin 14 & Block 1 Exploration Plays Simple traps imaged in Karoo Rift system New Seismic Source: 2012 Afren (brute stack) Exploration Plays
15 Block 1 Current & Planned Activities Block wide Gravity and Magnetics program acquired. 1,900 km of 2D seismic acquisition complete Jan 2013 Forward work programme: Seismic processing and interpretation 2013 Exploration well…
Older Exploration wells did not test Seismic Phase 16 the plays. Deviated drilling is required 20 15 10 5 0 Block 2B Taipan 100% Operator Area 7207 km2 Initial Exploration Period
Block 2B - Anza Basin 17 Comparison of scale to the North Sea & Texas The Millennium Atlas: Petroleum Geology of the central and northern North Sea. Block 2B 0 km 500 Anza Basin is comparable in size to the Central Graben…
18 Anza Basin Compared to Texas
Block 2B 19 Sweet-Spot in the Tertiary-age Anza Basin Tertiary part of the Anza Basin Paipai Prospect indicated by Blue Color Drilling now Thickest Tertiary section or best part of the basin indicated Kinyonga Prospect by…
20 East African Basin Scale Comparison Albertine & Lokichar Basins are each 6,000 km2 All diagrams = same scale Anza Basin 78,000 km2 N 2.5 Billions bbls 200 mmbbls 130 km
22 1D Basin Modelling of the Anza Basin: Untested Miocene-age lacustrine basin is present in Block 2B, Anza Basin. Modelling indicates good potential for recent generation and expulsion of oils from both Tertiary & Late Cretaceous aged…
23 Block 2B - Anza Basin & Exploration Plays Thick Tertiary lacustrine basin NGAMIA LOOK-ALIKE The Anza Basin is an order of magnitude bigger than the Lokichar Basin (containing the Ngamia discovery, Tullow) Structures in…
24 Block 2B - Summary Newly identified under-explored Tertiary-age rift- Wells & Seismic on Bouguer Gravity basin play in the Anza Basin: Analogous to Ngamia-1 & Twiga South-1 oil discoveries (Tullow / Africa-Oil) Tertiary basin…
Block 2B Forward-Looking Timeline 25 Up to 800 km of new 2D seismic acquisition starting Planned grid shown is for illustration only Jan 2013 (400 km firm programme) Block-wide full- tensor gravity gradiometry starting Feb…
Block 2B Gravity Gradiometry 25 - ARKeX Acquisition Flight Plan Block-wide coverage: Grid: 2000m x 6000m Total: 2450 km Special infill grid: Grid: 500m x 2000m Total: 9300 km Line Km Total: 11,750 km TANZANIA
27 Share Structure As at 4th February, 2013 Issued & Outstanding 74,789,667 Warrants 43,833,540 20,000,000 exercisable at 0.12 per share until March 2015 23,833,540 exercisable at 0.60 per share until July 2017 Options…
Contact Information Max Birley, CEO Adam Zive, Director Edward Blunt +254 70564 3745 (Kenya) +1 416 464 3296 (Canada) +44 (0)1491 835 550 (UK) +1 830 998 2252 (USA) azivetaipanresources.com +44 (0)772 070 7591 (UK)…
Block 2B - Anza Basin - Untested Thick 30 Tertiary Lacustrine Basin Untested thick Miocene-age lacustrine basin Basin best developed adjacent to basin-bounding fault Multiple rift-episodes associated with strike slip motions…
31 Potential Export Routes Tullow need to build a pipeline through Kenya to export their 2.5 bn bls of Oil from Uganda. The Sudanese if they build a southern pipeline it would go through Kenya. Uganda The route would be…
32 Kenya: Security Incidents in 2012 Block 2B is located in an area with very low population. Most active areas are along roads and in areas of major population. Security breaches do occur, however they are relatively low in…
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