Investment Highlights Strong performance driven by active exploration programs and successful acquisitions resulting in a quality portfolio spanning Morocco, Gabon and Madagascar Material share in all three projects Strategically…
Corporate Snapshot RESEARCH COVERAGE CAPITAL STRUCTURE Broker Analyst Date Issued Capital Simon Andrew Hartleys 13 March 2014 +61 8 9268 3020 Ordinary Shares (ASX:PVD) 127.16m Tao Ly Unquoted securities 37.48m GMP Securities 28 Feb…
Directors Jeff Dowling Damon Neaves Ric Malcolm NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR Formerly Managing Partner at Ernst & Young in Founder of Pura Vida Energy. A professional geoscientist with 33 years…
Management Team Andrew Morrison Matthew Worner Bevan Tarratt Dorte Macrae Tim Carter EXPLORATION MANAGER COMMERCIAL MANAGER CHIEF FINANCIAL OFFICER SENIOR GEOPHYSICIST GEOLOGIST 25 years experience in the oil 13 years…
Three Quality Assets, Offshore West & East Africa MAZAGAN NKEMBE GABON AMBILOBE 6 6
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 up to US215 million of exploration…
Mazagan, Offshore Morocco Upcoming Drilling Campaign Atwood Achiever (pictured) contracted for two firm wells on Mazagan Preparations for the Toubkal-1 well on schedule for January 2015 spud Second well scheduled for 2H 2015…
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 MEAN3 POS4 13 MID MIOCENE 1 Toubkal (first…
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 Significant 80% interest and Operator OKALA JUL 2014 Inset: Gabon Basin Proven oil producing basin 3D seismic coverage over the whole block Multiple existing oil…
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 Offshore Gabon Gross Unrisked Prospective Oil…
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 3D seismic up to a maximum of US15 million Anticipated…
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…
Ambilobe, Offshore Madagascar Large Leads in the Multi Hundreds of mmbo Large scale structures created by salt similar to Mazagan in Morocco Salt Salt 5 km Salt DHI Leads 1 km DHI Lead SEISMIC SECTION 18
Investment Summary High-impact, carried deep water drilling program Pura Vida carried by Freeport-McMoRan Oil & Gas for two firm wells offshore Morocco (up to US215 million) Toubkal-1 testing 1.5 billion barrels gross resource…
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