Caspian Energy Inc

Caspian Energy — Investor Presentation (September 2010)

26 slides from Caspian Energy's investor presentation, Sep 29, 2010

  1. Slide 1: Caspian Energy Inc.

    TSX: CEK.TO WWW.CASPIANENERGYINC.C OM

  2. Slide 2: Cautionary Statement

    Cautionary Statement The information contained in this presentation has been prepared by Caspian Energy Inc. (the “Company”) and is subject to updating, revision and amendment. While this informatio prepared in good faith, no representation or warranty, express or implied, is made as to the fairness

  3. Slide 3: Caspian outlook transformed

    Caspian outlook transformed  Caspian sells 10-per-cent interest in Aral Petroleum  New partner advances all Aral’s Kazakh opportunities  New ownership  60% Asia Sixth  40% Caspian TSX: WWW.CASPIANENERGYINC.CO

  4. Slide 4: Where we stand today

    Where we stand today  Cash to maximize production from two EZ wells  25-year production contract for EZ  Cash for drilling on trends in the North Block  three-year contract for North Block exploration  A position on major pipelines TSX: WWW.CASPIANENERGYINC.CO

  5. Slide 5: Access to 80 million barrels potential oil reserves

    Access to 80 million barrels potential oil reserves  Zhagabulak I — some 20 million barrels in recoverable reserves estimated by McDaniels and Soviets  Zhagabulak II and III (Sakarambas)— each some 20 million barrels of recoverable reserves estimated by McDaniels and Associates  Zhagabulak IV 13

  6. Slide 6: How we plan to proceed in 2011

    How we plan to proceed in 2011  Install new pump in producing well EZ#213  Purchase new pump for producing well EZ#301  Drill EZ#305 (Q1/11)  Re-enter old Soviet well #216 near Sakaramabas  Drill Sakramabas #304  Drill EZ#306 TSX: WWW.CASPIANENERGYINC.CO

  7. Slide 7: Reasons for confidence (1)

    Reasons for confidence (1)  East Zhagabulak is a designated field  EZ #213 produces - simply needs a new pump  EZ #301 is a strong producer and can be made stronger by a new pump TSX: WWW.CASPIANENERGYINC.CO

  8. Slide 8: Reasons for confidence (2)

    Reasons for confidence (2)  The Carboniferous trend TSX: WWW.CASPIANENERGYINC.CO

  9. Slide 9: Reasons for confidence (3)

    Reasons for confidence (3)  Gross pay of K-II horizon is some 420 metres  Net pay in the EZ# 213 well is 33 metres  Net pay in the EZ# 301 well is 65 metres  The two producing wells are 1.1 km apart  EZ# 305 to be drilled in between TSX: WWW.CASPIANENERGYINC.CO

  10. Slide 10: Reasons for confidence (4)

    Reasons for confidence (4)  Sakaramabas (Greater Zhagabulak II and III)  Sakaramabas #216 lies on trend proven by neighbours  Sakaramabas #304 lies on the same trend TSX: WWW.CASPIANENERGYINC.CO

  11. Slide 11: Groundwork is done

    Groundwork is done  $109.7 million has been invested  seismic, drilling and production equipment  exploration and production contracts are in place  two producing wells in East Zhagabulak  targets identified in the larger North Block  funding secure for future drilling TSX: WWW.CASPIANENERGYIN

  12. Slide 12: Remaining hurdles

    Remaining hurdles  renewing our work commitment  taking East Zhagabulak to commercial production  proving Sakaramabas (Greater Zhagabulak II and III) TSX: WWW.CASPIANENERGYINC.CO

  13. Slide 13: Work commitment proposal

    Work commitment proposal  2010 reduced from $24.5 million — to $7 million  2011 increased from $17 million — to $34 million  2012 maintained at $15 million TSX: WWW.CASPIANENERGYINC.CO

  14. Slide 14: Achieving commercial production

    Achieving commercial production  new pump for EZ# 213  new pump for EZ# 301 — when needed  new well at location EZ# 305 TSX: WWW.CASPIANENERGYINC.CO

  15. Slide 15: Proving Sakaramabas

    Proving Sakaramabas  re-entering 216  drilling 304 TSX: WWW.CASPIANENERGYINC.CO

  16. Slide 16: The difference a year makes

    The difference a year makes TSX: WWW.CASPIANENERGYINC.CO

  17. Slide 17: 2012 and beyond

    2012 and beyond  West Kozdesay  Strong potential, modest cost - 1,300 metres to target  Baktygaryn  Learned from #703 - targeting Triassic channel sands  Greater Zhagabulak IV and V  Learned from #303 - re-entry will seal off water zones  Urikhtau  Soviets drilled large condensate find TSX:

  18. Slide 18: West Kozdesay

    West Kozdesay  P10 rating gives it up to 84 million barrels of oil  Adjacent neighbours producing 9,100 bopd from same zone TSX: WWW.CASPIANENERGYINC.CO

  19. Slide 19: Baktygaryn

    Baktygaryn  Extensive channel sands  Several bright spots on 3-D seismic  Triassic P50 case — 44 million barrels  Triassic P10 case — 129 million barrels  Carboniferous P50 case — 30 million barrels  Carboniferous P10 case — 100 million barrels TSX: WWW.CASPIANENERGYINC.CO

  20. Slide 20: Greater Zhagabulak IV and V

    Greater Zhagabulak IV and V • Company estimates a P50 Case of 11 million barrels • P10 case of 32 million barrels • Aral has well in place at #303 • Well showed oil but produced too much water • Now have funding to return and rework well TSX: WWW.CASPIANENERGYINC.CO

  21. Slide 21: Urikhtau

    Urikhtau  Proven Soviet well in place  Flowed 650 boed of condensate  Then no processing available  Now plan additional seismic TSX: WWW.CASPIANENERGYINC.CO

  22. Slide 22: Overview

    Overview  Caspian is long on opportunity  Has been short on cash  We now have partner with deep pockets  Priorities logically arranged  Provide numerous impressive opportunities  2011 and 2012 will transform Caspian TSX: WWW.CASPIANENERGYINC.CO

  23. Slide 23: TSX: WWW.CASPIANENERGYINC.CO

    TSX: WWW.CASPIANENERGYINC.CO

  24. Slide 24: Pipeline to Market

    Pipeline to Market TSX: WWW.CASPIANENERGYINC.CO

  25. Slide 25: Cash Flow Model — Caspian NPV 3P

    Cash Flow Model — Caspian NPV 3P Loan 10% Interest Tax Rate 15% Dividend Tax Rate 5% Previous Loan Amount_Tax Deduction 44,000 NPV $116,376 111,816 ATCF Funds APC Cash APC ATCF + available for Loan and Flow After Year ATCF Capital Capital Loan Payback ATCF Loan Payback Loan CEL CEL ATCF Opening Avai

  26. Slide 26: Caspian Net Asset Value

    Caspian Net Asset Value (30 Sept./10) Note: All Values Before Income Taxes and assumes Convertible Debentures not exercised TSX: WWW.CASPIANENERGYINC.CO

Caspian Energy — Investor Presentation (September 2010) on 6ix