1st May 2013 Extracts from CORPORATE PRESENTATION Version 13.0
Taipan Resources Inc 2 A World-Class Oil & Gas Team & Assets Kenya is the top location for onshore oil exploration in the world, with Africa Oil Corporation estimating 23 billion barrels in Tertiary/Cretaceous rifts following play…
3 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…
4th Largest Acreage Holder in Kenya 4 After Tullow, Africa Oil, & Afren South Omo Marathon 50M Taipan current holdings: 22,247 km2 + 7,807 km2 = Oil Disc. Taipan Resources 30,054 km2 Blocks 1 & 2B Paipai Block 1 & 2B include…
Proven Plays & Discoveries: 5 Surrounded By Success Muglad & Melut Ogaden Basin Heglig+Unity Field 4 TCF gas in Karoo & Basins 594 mmbbl of oil Jurassic plays + El Kuran oil 6 bn bbls oil in Cretaceous plays Genale Jurassic Paipai…
Drilling Activity in Kenya 2 proven oil discoveries, 2 wells with oil shows, 5 wells to be drilled in 6 next 6 months next to or near our acreage El Kuran 1.3 BBO El Kuran-3 spud Sabisa-1 Drilling June 2013 (Spud 15th January…
Sweet-Spot of the Tertiary-age Anza 7 Basin is in Bock 2B Paipai Prospect Cretaceous part of the Anza Basin Light oil shows, 180 ft. Is indicated by the green color sand, 656 ft. Cretaceous source rock interval Tertiary part of…
Scale & Prospectivity Comparison of Block 2B & 9 Blocks 10BB/13T (Twiga / Ngamia Discoveries) Blocks 10BB+13T: Lokichar Block 2B: Anza Basin Late Miocene Age Rift Basin - Late Miocene Age Rift String Of Pearls Play Present in both…
Comparison of String of Pearls Plays 10 in Block 2B & Block 13T (Twiga discovery) Block 2B Anza Basin Miocene Basin Stratigraphy Block 13T Lokichar Basin Miocene Stratigraphy Potential Drilling Locations Plio-Pleistocene…
Comparison of String of Pearls Plays 11 in Block 2B & Block 10BB (Ngamia discovery) Block 2B Anza Basin Miocene Basin Stratigraphy Block 10BB Lokichar Basin Miocene Stratigraphy Potential Drilling Locations Plio-Pleistocene…
Block 2B Timeline Exploration Work Program 13 Completed 3 years work in 8 months Seismic Acquisition Plan 439 km of 560 fold 2D seismic data acquisition & processing completed in March 2013 12,173 km Block-wide Full-Tensor Gravity…
14 Conclusions Taipan Resources Inc. through its 100% subsidiary, Lion Petroleum Corp has completed the three year exploration work program on Block 2B in 8 months without incident and within budget The Sabisa well proves up that…