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 3 projects Strategically…
Corporate Snapshot CAPITAL STRUCTURE RESEARCH COVERAGE Issued Capital Broker Analyst Date Ordinary shares (ASX:PVD) 104.8m Simon Andrew Hartleys 6 Nov 2013 +61 8 9268 3020 Unpaid capital 36.7m Krista Walter Market Capitalisation RBS…
Directors Damon Neaves Founder and substantial shareholder of Pura Vida. MANAGING DIRECTOR Formerly led business development, commercial and legal teams at mid-cap E&P company. Led several major acquisitions, many involving new entries…
Three Quality Assets, Offshore West & East Africa MAZAGAN NKEMBE GABON AMBILOBE 5
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 on US215 million of exploration…
Mazagan, 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 MEAN POS3 MID MIOCENE 1 Toubkal (first well) 436…
Mazagan, 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 CONTACT…
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, Offshore Gabon 80% Equity Interest in a Proven Oil Basin 1 well Significant 80% interest and Operator 1 well Q3 2014 Q4 2013 Inset: Gabon Basin Proven oil producing basin 1 wells Q1 2014 3D seismic coverage over the…
Nkembe, Offshore Gabon Significant Prospectivity, Multiple Play Types In addition to Loba Oil Field, a range of different play types with large resource potential AYOL HYLIA VANNEAU GRONDIN OGUESJO Offshore Gabon Gross Unrisked…
Nkembe, Offshore Gabon 20 mmbo Loba M 1 Discovery LOBA DISCOVERY (PVD 80%) Discovered in 1976 PETROPHYSICAL LOG Batanga formation (producing nearby) 150 metre gross column/46 metre net LOBA M1 Drilled on edge of structure now…
Nkembe, 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 reservoir OIL-STAINED PEBBLY SANDS BRECCIATED IN PLACES Consistent…
Nkembe, 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 proven…
Nkembe, 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 10 well…
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 seismic up to a maximum of US15m. Deal is subject to…
Ambilobe, 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 bid…
Investment Summary High-impact, carried deep water drilling program to commence 2014 Pura Vida carried by Freeport-McMoRan Oil & Gas for 2 firm wells offshore Morocco (up to US215 million) First carried well in 2014 testing 1.5…
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