Skip to main content Corporate Presentation – New Zealand Energy Corporation | Shale Experts
Loading...
Database
Slide Database

Corporate Presentation – New Zealand Energy Corporation

New Zealand Energy Corporation · Mar 3, 2015 · 33 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Corporate Presentation – New Zealand Energy Corporation – slide 1
    New Zealand Energy Corp. Corporate Presentation March, 2015
  2. Corporate Presentation – New Zealand Energy Corporation – slide 2
    Safety is our first priority Our Commitment Systematic approach to health, safety and environment management Operate with zero harm to our people Protect the environment Respect our neighbours and engage with our communities…
  3. Corporate Presentation – New Zealand Energy Corporation – slide 3
    Investment Highlights Highly prospective property portfolio 130,150 total acres on New Zealands North Island 1,146,036 net acres and a full-cycle production facility in the main Taranaki Basin production fairway 1,649,000 boe of 2P…
  4. Corporate Presentation – New Zealand Energy Corporation – slide 4
    Corporate Profile Common shares outstanding at March 2015 187,873,459 Options outstanding (Exercisable at average 0.54) 7,917,200 Warrants issued in Oct 2013 Private Placement (Exercisable at 0.45 until Oct 2015) 24,452,173 Warrants…
  5. Corporate Presentation – New Zealand Energy Corporation – slide 5
    Asset Overview New Zealands North Island Permit Working Net Acres 2P boe Contingent Prospective Interest Reserves 1 Resource 1 Resource 1 Taranaki Basin Conventional Targets Copper Moki 100% 944 536,000 - - Eltham 100% 46,444 - -…
  6. Corporate Presentation – New Zealand Energy Corporation – slide 6
    Fully Integrated Upstream/Midstream Company 97,726 net acres and a full-cycle production facility in the main Taranaki Basin production fairway Experienced New Zealand team with exploration and operations expertise Focused on…
  7. Corporate Presentation – New Zealand Energy Corporation – slide 7
    Multiple Prospective Formations in Taranaki Basin Approximate Depth Mt Messenger 2,500 metres Moki Tikorangi 3,000 metres 3,500 metres Kapuni Group Kapuni 4,000 metres 8
  8. Corporate Presentation – New Zealand Energy Corporation – slide 8
    Inventory of Taranaki Leads Copper Moki Waitapu Arakamu Wairere Horoi site 9
  9. Corporate Presentation – New Zealand Energy Corporation – slide 9
    NZEC Production & Development Wells (Status at Jan/Feb 2015) Well Name Permit Formation Notes Producing Wells Copper Moki-1 Copper Moki Mt. M Producing since Dec 2011 Copper Moki-2 Copper Moki Mt. M Producing since Apr 2012 Waitapu-2…
  10. Corporate Presentation – New Zealand Energy Corporation – slide 10
    Waihapa Production Station Assets1 Full-cycle facility with gathering and sales pipeline infrastructure Oil & Water 25,000 bbl/d oil handling facility 18,000 bbl/d water handling capacity 7,800 bbl oil storage capacity 49 km 15,500…
  11. Corporate Presentation – New Zealand Energy Corporation – slide 11
    Full-cycle Production Station 12
  12. Corporate Presentation – New Zealand Energy Corporation – slide 12
    Proprietary Merged 3D Seismic Database TARIKI Reprocessed datasets Combined five 3D surveys NGAERE Total area covered (full fold) 555 km2 Processing includes pre-stack merge, post-stack WAIHAPA time migration, and pre-stack…
  13. Corporate Presentation – New Zealand Energy Corporation – slide 13
    Individual 3D Surveys = Mismatched Data Kapuni 3D Rotokare 3D 1989 2012 14
  14. Corporate Presentation – New Zealand Energy Corporation – slide 14
    Proprietary Merged 3D Datasets Increased Chance of Success Kapuni 3D Rotokare 3D Reprocessed and merged 2013-2014 15
  15. Corporate Presentation – New Zealand Energy Corporation – slide 15
    Mt. Messenger Opportunities Drill-proven formation Significant discoveries to the west (TAG: Cheal), south (NZEC: Copper Moki, Waitapu) and east (Kea: Puka) Prospective resources: 2,061,000 bbl oil (100% basis)1 Miocene oil and gas…
  16. Corporate Presentation – New Zealand Energy Corporation – slide 16
    Copper Moki/Waitapu Development Current Status Copper Moki-1, Copper Moki-2 and Waitapu-2 producing on rod pump. Copper Moki-3 shut-in (sand) - pending down hole pump repair Jan-2015 average rates were 27, 47 and 20 bopd for CM-1,…
  17. Corporate Presentation – New Zealand Energy Corporation – slide 17
    Copper Moki Water Flood Proposal Strategy Increase oil production rate and recovery factor by introducing a water flood to the Copper Moki 1 /Waitapu-2 reservoir; Expect recovery factor to increase by 10-30% Increase production from…
  18. Corporate Presentation – New Zealand Energy Corporation – slide 18
    Copper Moki Performance Combined CM-1/W-2 decline trend Projected recovery through depletion drive mechanisms 230,000 bbls (estimated at 15% recovery) Rebuilding pressure expected to increase production and total…
  19. Corporate Presentation – New Zealand Energy Corporation – slide 19
    TWN Tikorangi Limestone Upside Potential Current Status Intermittent flow due to ineffective artificial lift mechanisms. Jan 15 average 105 bopd with 256 bwpd Six wells available for production (N-1,N-2A,N-3,T-2B,WH-1,W-6A) One…
  20. Corporate Presentation – New Zealand Energy Corporation – slide 20
    Tikorangi Development Proposal Strategy Increase total liquid production to 12-16,000 bpd with objectives being; Restore normal decline trend for primary oil recovery. Attempt to outrun aquifer, reduce reservoir pressure below…
  21. Corporate Presentation – New Zealand Energy Corporation – slide 21
    Future Tikorangi Development Proposal Increasing production to restore original decline trend Without High volume effective artificial lift artificial lift total ceased in 1998 liquid Normal decline production fell trend…
  22. Corporate Presentation – New Zealand Energy Corporation – slide 22
    TWN Kapuni Group Drill-proven formation Kapuni Gas Field onshore oil/gas discovery (Shell/Todd) producing since 1969 Estimated ultimate recovery of 1,365 billion cf (Bcf) natural gas and 66 million bbl condensate TWN Licences…
  23. Corporate Presentation – New Zealand Energy Corporation – slide 23
    East Coast Basin Oil Shales Advancing unconventional oil shales Over 300 oil and gas seeps sourced back to two oil shale formations NZEC has drilled three wells to take core samples from the Waipawa Black Shale1 Late Paleocene…
  24. Corporate Presentation – New Zealand Energy Corporation – slide 24
    East Coast Geology Complex fold and thrust belt, NZEC block contains intact and over thrust strata Poor to good source rock characteristics Poor to marginal thermal maturity from outcrop and well samples PEP 52976 25
  25. Corporate Presentation – New Zealand Energy Corporation – slide 25
    Board of Directors Name Expertise Experience Founder and financier of numerous mining and John Greig, M.Sc, P.Geo Founder, Director & Officer Sutton Resources, Cumberland oil and gas companies. Specializing in Chairman Resources…
  26. Corporate Presentation – New Zealand Energy Corporation – slide 26
    Contact NZEC Corporate Head Office David Robinson, Chief Executive Officer 119-125 Devon Street East New Plymouth New Zealand Phone: + 646-757-4470 infonewzealandenergy.com www.NewZealandEnergy.com 28
  27. Corporate Presentation – New Zealand Energy Corporation – slide 27
    Appendix 29
  28. Corporate Presentation – New Zealand Energy Corporation – slide 28
    NZEC Reserve Estimate (net to NZEC)1 Marketable Oil and Gas Reserves As at December 31, 2013 Forecast Prices and Costs Light & Medium Oil Natural Gas Natural Gas Barrels Oil NPV, After Tax Reserves Category (bbl) (Mcf) Liquids…
  29. Corporate Presentation – New Zealand Energy Corporation – slide 29
    TWN Resource Estimate (NZECs 50% Interest)1 Formation Product Type Low Best High Contingent Resources Miocene Sands (Mt. Messenger) Oil (Mbbl) 17 44 101 Gas (MMcf sales) 1,257 2,518 5,168 Eocene Sands (Kapuni Group) NGL (Mbbl) 51…
  30. Corporate Presentation – New Zealand Energy Corporation – slide 30
    Copper Moki Performance Original reservoir pressure depicted by Copper Moki 1 in Sept-2011. Waitapu-2 completion encounters 1000 psi depletion in Dec-2012. Decline in production rate associated with pressure depletion.…
  31. Corporate Presentation – New Zealand Energy Corporation – slide 31
    Historical Production Tikorangi Formation 23.6 million bbl of historical production1 Well name 1 Max bbl/d Total bbl produced Ngaere-1 7,537 4,337,084 Ngaere-2 3,658 1,002,565 Ngaere-3 8,652 1,089,505 Toko-2B 1874 194,737…
  32. Corporate Presentation – New Zealand Energy Corporation – slide 32
    Future Tikorangi Development Proposal Increasing production to initiate depletion drive mechanisms Strategy is to mobilise oil by reducing reservoir pressure below historic low (1994). Enhanced recovery potential depends on…
  33. Corporate Presentation – New Zealand Energy Corporation – slide 33
    Analyst Coverage Company Analyst Contact Dundee Capital Markets Jessica Lindskog +44-203-440-6872 Mackie Research Bill Newman +1-403-750-1297 M Partners David Buma +1-416-603-7381 Prosdocimi Dorian Prosdocimi…

From the store

Browse maps, data & reports in the Shale Experts store