Investment Highlights Strong performance driven by active exploration programs and successful acquisitions resulting in a quality portfolio spanning Morocco, Gabon and Madagascar Material stake in all three projects Strategically…
Corporate Snapshot CAPITAL STRUCTURE RESEARCH COVERAGE Issued Capital Broker Analyst Date Ordinary Shares (ASX:PVD) 126.6m Simon Andrew Hartleys 13 March 2014 Unquoted securities 38.0m +61 8 9268 3020 Market Capitalisation Krista…
Directors Jeff Dowling Damon Neaves David Ormerod Ric Malcolm NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR TECHNICAL DIRECTOR NON-EXECUTIVE DIRECTOR Formerly Managing Partner at Ernst Founder of Pura Vida Energy. Founder of Pura Vida…
Three Quality Assets, Offshore West & East Africa MAZAGAN NKEMBE GABON AMBILOBE 6 6
Three Quality Assets, a Clear and Proven Strategy Offshore Morocco, Mazagan permit (23%, carried) Early entry in 2011 ahead of industry, including majors such as Chevron and BP US230 million farmout to Freeport-McMoRan Oil & Gas…
Mazagan Permit, Offshore Morocco (23%) Operated by a wholly owned subsidiary of Freeport- McMoRan Oil & Gas, an experienced deep water Operator Freeport-McMoRan Oil & Gas carrying Pura Vida up to US215 million of exploration…
Mazagan Permit, Offshore Morocco 1.6 Billion Barrel Potential to PVD, Multiple Play Types Offshore Morocco Gross Unrisked Prospective Oil Resources Pura Vida 23% (mmbbl )1, 2 LOW BEST HIGH MEAN3 POS4 MID MIOCENE 1 Toubkal (first…
Mazagan Permit, Offshore Morocco PVDs First Carried Well, Toubkal Prospect WATER AMPLITUDE SCALE LOW SALT (WATER) OIL MODERATE (OIL) HIGH (GAS) GAS SEISMIC AMPLITUDE MAP RESERVOIR 150 METRE GROSS COLUMN OIL/WATER…
Nkembe Block, Offshore Gabon (80%) Over 50 years of oil production history in Gabon 250,000 bopd current production Many IOCs active in country including Shell, ExxonMobil, Eni & Total Giant pre-salt Rabi-Kounga GABON field…
Nkembe Block, Offshore Gabon 80% Equity Interest in a Proven Oil Basin OKALA JUL 2014 Inset: Gabon Basin Significant 80% interest and Operator PADOUK DEEP NOW DRILLING Proven oil producing basin 3D seismic coverage over the…
Nkembe Block, Offshore Gabon Significant Prospectivity, Multiple Play Types In addition to Loba Oil Field, a range of different AYOL HYLIA play types with large resource potential VANNEAU GRONDIN OGUESJO QUEST B & Z OGUENJO…
Nkembe Block, Offshore Gabon Loba M 1 Discovery LOBA DISCOVERY (PVD 80%) PETROPHYSICAL LOG Discovered in 1976 Batanga formation (producing nearby) 150 metre gross column/ LOBA M1 46 metre net Drilled on edge of structure now…
Nkembe Block, Offshore Gabon Loba M 1 Cores Confirm Oil Column 1965-1966m 1973-1974m Inspection of cores from of Loba M 1 well shows good quality coarse sandstone OIL-STAINED PEBBLY reservoir SANDS BRECCIATED IN PLACES…
Nkembe Block, Offshore Gabon Upside Exploration Potential (Lepidote Deep) Pura Vida has identified low risk amplitude related plays similar to those seen in Morocco SEISMIC SECTION SEISMIC AMPLITUDE MAP Lepidote Deep is at a…
Nkembe Block, Offshore Gabon Look-a-Like Pre-Salt Prospects DIAMAN-1B NKEMBE SEISMIC LINE 5 km 5 km Source: Cobalt Investor Presentation Oct 2013 Large pre-salt structures exist in Pura Vidas Nkembe block Industry has a…
Ambilobe Block, Offshore Madagascar (50%) Entry into prolific East African region Farmin for 50% interest from Sterling Energy plc (AIM: SEY) whereby Pura Vida will fund new 3D seismic up to a maximum of US15 million Anticipated…
Ambilobe Block, Offshore Madagascar Entry into East Africa Large acreage footprint in a proven oil basin Block is adjacent to the offshore Ampasindava block operated by ExxonMobil where drilling is expected in 2015 2014 offshore…
Ambilobe Block, Offshore Madagascar Large Leads in the Multi Hundreds of mmbo Large scale structures created by salt similar to Mazagan in Morocco Salt Salt 5 km Salt DHI Leads 1 km DHI Lead SEISMIC SECTION 20
Investment Summary High-impact, carried deep water drilling program Pura Vida carried by Freeport-McMoRan Oil & Gas for two firm wells offshore Morocco (up to US215 million) Toubkal-1 testing 1.5 billion barrels gross resource…
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