PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS November 2014 John De Stefani Managing Director
Contents Section Page 1. Investment Highlights 4 2. Board and Management 9 3. Asset Portfolio 12 4. Industry and Markets 18 5. Upcoming Catalysts 21 6. Summary 23 PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS…
1. INVESTMENT HIGHLIGHTS PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 4
Key Ingredients for Success Proven track Ex-Bow Energy experienced and successful management team record Directors have significant skin in the game Highly Targeting onshore oil and gas plays in Western Australia Prospective Clear…
UIL Energy Corporate Structure ASX code: UIL Key IPO raised 4.2 million at the offer price of 0.20 per share Metrics 108,023,755 shares on issue Directors ownership 35% Market capitalisation of 21.6 million (at listing)…
Evolution of Oil and Gas Opportunities Perth Basin to become a centre of growing exploration, development and corporate activity Proven petroleum basin Access to infrastructure Robust domestic market for gas Exploration…
Unconventional Activity In Australia Rapidly Increasing 1,600 Senex/Origin Over the last 3 years almost 2 billion Up to 252m over 2 stages 1,400 has been committed on unconventional Beach Energy / Chevron Falcon/ Origin/Sasol Up…
2. BOARD AND MANAGEMENT PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 9
Experienced Board track record Track record for delivering significant shareholder value Significant investment by Directors Extensive experience building petroleum and resource production companies Simon Hickey John De Stefani…
Experienced Management track record Track record for delivering significant shareholder value Extensive experience building petroleum and resource Economic alignment with shareholders production companies John De Stefani Managing…
3. ASSET PORTFOLIO PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 12
Perth Basin Significant Gas Potential North Perth Multiple stacked plays for conventional and tight gas 100% interest in 3 permit applications Evidence from nearby wells showing positive tight gas and oil potential Conventional…
Perth Basin The Next Hot Spot AWEs potential largest WA gas discovery since Over 80m 1960s of fund committed 2 Dutch E&Ps by other 40m companies investment commencing in Nov 14 Alcoa, largest gas user exploring for gas…
Major Gas Discovery by AWE Exploration Potential Reservoir UIL Energy1 Arrowsmith Senecio/ Waitsia Kockatea Shale Dongara / Wagina Sst Carynginia Fm2 Irwin River Coal Measures2 High Cliff Sandstone2,3 1. UIL Energy's north…
Key Formations in Play for UILs permits Top Carynginia Fm Hydrocarbon West Erregulla 1 Gas flow from Kockatea accumulation and flows Shale sand unit Gross 51m gas saturated from the Kockatea Shale column Erregulla 1 and…
Canning Basin 3.7 Million Gross Acres Potential across large acreage position Goldwyer Formation confirmed excellent source rock Plays occur within the Goldwyer that are self- sourced and sealed by up to 1,500m of overlying…
4. INDUSTRY AND MARKETS PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 18
A Declining Gas Production Profile NWSJV (Woodside operator) is moving towards the point where its gas reserves are depleted In the absence of successful exploration, ACIL Allen believes NWSJV domgas supply will be exhausted by the…
Robust Gas Price Outlook Modeled wholesale price delivered at Perth ACIL Allens modelling of the WA gas (real terms) market indicates gas prices at around A8/GJ to almost 12/GJ during the next 20 years Upside case: No…
5. UPCOMING CATALYSTS PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 21
Key Catalysts Next 15 months Note: The above dates and timing are indicative only and subject to availability of equipment. PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 22
6. SUMMARY PERTH BASIN - THE NEXT HOT SPOT FOR ONSHORE OIL AND GAS PLAYS / NOVEMBER 2014/ 23
Summary Board and Management team with proven track record have skin in the game and looking to repeat success Dominant position in the Perth Basin, a producing petroleum system Canning Basin provides significant upside with…
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