Investment Highlights Listed on ASX in early 2012 Quality exploration portfolio spanning North, West and East Africa Strategy African focused explorer Identify and capture large unrecognised and/or under-valued acreage Seek…
Mazagan, Offshore Morocco (23% interest) High Impact Drilling MZ-1 scheduled to spud in April 2015 Water depth: 2,176 metres Firm TD: 5,600 metres TVDSS Contingent TD: 6,150 metres TVDSS Unique location where four stacked targets…
Mazagan, Offshore Morocco Prime Location MZ-1 well designed to: Penetrate up to five stacked targets Penetrate source rocks Test multiple play types MZ-1 WELL The Lower Jurassic fans are inter-bedded LOCATION within the source…
Mazagan, Offshore Morocco Multiple Stacked Prospects Mid-Miocene Channels Vertical alignment of multiple targets at Cretaceous (No trap but calibration) (Cenomanian & Aptian) and Jurassic levels Large structural traps in the…
Nkembe, Offshore Gabon (100% interest)1 In the Heart of a Proven Oil Basin Pre-salt fields / discoveries 100% interest1 and Operator Inset: Gabon Basin Neighbouring Super Majors and producing oil fields Nyonie Deep Farm out…
Nkembe, Offshore Gabon Multiple Opportunities LOBA FIELD, LOBA DEEP & LEPIDOTE Potential for combined development Lancon Deep hub around Loba discovery (10 mmbo)1 connecting multiple fields Additional potential of Loba Deep (11…
Ambilobe, Offshore Madagascar (50% interest) Large Strategic Footprint in East Africa Entry into prolific East African region 50% interest via farmin with Sterling Energy (Operator) Offshore extension of onshore oil potential Fully…
Ambilobe, Offshore Madagascar Activity Large acreage footprint in a proven oil basin Ambilobe 1,250 km23D survey area (shown in red) to Sterling * Block 1101 mature range of targets for drilling to PVD Afren (90%) * commence March…
Directors JEFF DOWLING, NON-EXECUTIVE CHAIRMAN DAMON NEAVES, MANAGING DIRECTOR RIC MALCOLM, NON-EXECUTIVE DIRECTOR Formerly Managing Partner at Ernst & Young in Founder of Pura Vida Energy. Professional geoscientist with 33 years…
Management Team ANDREW MORRISON, Exploration Manager DORTE MACRAE, Senior Geophysicist Over 30 years experience in the oil and gas industry in both a 13 years experience in the oil and gas industry in a variety of basin and technical…
Corporate Snapshot CAPITAL STRUCTURE RESEARCH COVERAGE Issued Capital Broker Analyst Date Ordinary Shares (ASX:PVD) 147.38m Hartleys Simon Andrew: +61 8 9268 3020 18 March 2015 Unquoted securities 27.42m Mirabaud Tim Hurst-Brown: +44 20…
APPENDICES
Mazagan, Offshore Morocco MZ-1 Cretaceous Targets Cenomanian Target Level MZ-1 (Cretaceous) DEPTH MAP AMPLITUDE MAP Depth Section Depth NOTIONAL WELL section OUANOUKRIM EAST Anticlinal Structure Cenomanian 23 km2 Aptian…
Mazagan, Offshore Morocco MZ-1 Lower Jurassic Fan Targets MZ-1 (Lower Jurassic Fans) MZ-1 has multiple stacked deep NOTIONAL WELL water fans within the Lower Zoom Salt Jurassic interval that are inter- bedded within the assumed…
Nkembe, Offshore Gabon 1.3 Billion Barrel Potential to PVD, Multiple Play Types Net prospective Gross prospective resources Nkembe Permit resources (mmbo, unrisked)2,3 (mmbo) 2,3 Prospect Name Target Low Best High Mean Un-risked…
Nkembe, Offshore Gabon Loba Field & Loba Deep LOM-1 Gas flags Loba oil discovery 140 metre gross column (Batanga Fm) Sub-salt exploration potential (Anguille Fm) Post-salt oil potential defined on Eastern flank Potential…
Nkembe, Offshore Gabon Lepidote Deep Maximum negative amplitude 3D seismic section LEM-1 extraction (50 metres above, 350 LEM-1 metres below mapped event) DHIs correspond to hydrocarbon shows in LEM-1 well logs Turbidite channel…
Ambilobe, Offshore Madagascar Lead 5 Multiple stacked targets W tested by a single well E SALT 1 2 1 2 3 3 Mapped target & Closures Late Cretaceous (1) Depth map at Lower Cretaceous (2) Seismic profile across Lead 5…
Ambilobe, Offshore Madagascar Lead 13 Multiple stacked targets tested by a single well NW SE 1 Salt SALT 2 Mapped target & Closures 3 Closure for shallowest level Tertiary (1) Cretaceous (2) Depth Closuremap at…
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