17th February 2014 CORPORATE PRESENTATION Version 16.0
World-Class Oil & Gas Assets 9 month drilling plan exposes Taipan to 1.34 billion un-risked NPV 7 bls Kenya - worlds top onshore oil exploration area Estimated 22.7 billion barrels gross unrisked prospective resources in…
Taipan Key Management 3 Max Birley, CEO and Director 34 years international exploration & production experience Discovered over 2.0 BBOE in 8 fields across 3 continents, 50% Success rate for Exploration wells Senior roles with…
Recent Commercial Activity in Kenya Over 200 million farm-in activity in the last 12 months South Omo Marathon Block 7/8 Year Seller Buyer Blocks (% Interest) Gross Oil seep New Age Investment Oil discovery mm 2013 Taipan Premier…
Surrounded By Success Proven Plays & Discoveries Ogaden Basin Muglad & Melut Heglig+Unity Field 4 TCF gas in Karoo & Jurassic Basins 594 mmbbl of oil plays + El Kuran oil 6 bn bbls oil in Cretaceous plays Genale Jurassic Oil seep…
Block 2B & Block 9 - Contiguous Exploration Trends & Significant Potential BLOCK 9 Sala-1 Prospect Spud Q1 2014 NDOVU-1 100 km2 402 mmbbl DUMA-1 Pearl Prospect Pearl Prospect Spud Q/4 2014 Xx km2 2 xx mmbbl 43 km 251 mmbbl…
Comparison of Block 2B & Lokichar Basin Block 2B: Anza Basin Late Miocene Age Rift Lokichar - Late Miocene Age String Of Pearls Play Ngamia , Twiga & Ekales oil discoveries HOTHORI-1 2B Block Outline 0 20 Tilted Fault…
Block 2B PSC and Work Program Summary 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 PSC Signed End IEP Ext. End 1st Add. EP End 2nd Add. EP 17-09-2008 1-06-2013 1-06-2015 1-06-2017 Initial Exploration Period & Extension 1st…
Comparison of Ngamia-1 and Pearl-1 Prospect Gross Oil Resources Ngamia & Pearl Ngamia Top Auwerer Oil Zones Prospect 2C BE MMBO GCOS (MMBO) Top Lokhone Shale Ngamia 180 281 64% Top Pearl 251 30% Lokhone Ss Block 2B Pearl…
Block 1 PSC and Work Program Summary 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Commencement End IEP Ext. End 1st Add. EP End 2nd Add. EP 8-10-2008 8-10 -2012 8-10-2014 8-10-2016 Initial Exploration Period & Extension 1st…
Block- 1 Summary & Prospects 22,247 km2, 20% working interest, Afren 80%, Operator Gross unrisked prospective resources 715MMBO Net to Taipan = 143 MMBO Khorof Prospect 380 MMBO gross 11
Drilling Activity in Kenya Two tested oil discoveries, 5 wells with oil shows that will flow on test, 5 wells to be drilled in next 9 months next to or near Taipan acreage Tultule-1 Drilling El Kuran Sabisa-1 El Kuran-3 Oil Shows…
Summary and Next Steps Taipan Resources (Lion Petroleum Corp) signed Farm in Agreement with Premier Oil on the 3rd October 2013. The FO closed on the 10th December 2013. Premier will earn a 55% working interest for a gross investment of…
Share Structure Share Structure Issued & Outstanding 85,299,363 Warrants 53,341,886 0.12 per share until March 2015 19, 400,000 0.60 per share until July 2017 23,523,540 0.50 per share until February 2018 10,418,346 Options…
Contact Information Max Birley, CEO Joel Dumaresq, CFO +254 70564 3745 (Kenya) +(604) 306 4000 (Canada) +1 830 998 2252 (USA) +(604) 336 3193 (Canada) mbirleytaipanresources.com jdumaresqtaipanresources.c om 16…
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