Amplitude Energy Limited · ASX:AEL

Amplitude Energy — Cooper Energy — Investor Presentation (May 2012)

15 slides from Amplitude Energy's investor presentation, May 28, 2012

  1. Slide 1: Investor Presentation

    For personal use only Investor Presentation 28 May 2012 INVESTOR PRESENTATION 28 May 2012 David Maxwell, Managing Director

  2. Slide 2: Important Notice - Disclaimer

    For personal use only Important Notice - Disclaimer The information in this presentation:  Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held.  Does not take into account the individual investment o

  3. Slide 3: Company snapshot

    For personal use only Company snapshot Capital structure (1) 0.80 140,000 Share price 30.5 - 69 cps 12 months low - high (to 25 May 2012) 0.70 130,000 Shares on issue 292. 8m 0.60 120,000 Share Price (A$) Market capitalisation A$127.4m Index @ 43.5 cps on 25 May, 2012 0.50 110,000 Cash A$69.1m 0.40

  4. Slide 4: Company snapshot: Financial, production and reserves

    For personal use only Company snapshot Financial, production and reserves Production (barrels oil) Production growth FY 2011 406,710 600,000 FY 2012 (guidance-Cooper Basin only)(1) (500,000+) Revenue (A$million) 500,000 January-June 2011 20.7 July-December 2011 25.8 400,000 H2 EBITDAX (A$million) Fo

  5. Slide 5: Clear strategy & focus on shareholder return

    For personal use only Clear strategy & focus on shareholder return Leverage strengths & build Pursue growth catalysts Other assets - strong foundation in focus areas maximise value  Valuable Cooper Basin oil  Cooper and Otway basins  Romania  Cooper & Otway basins  Tunisia  Indonesia  Tunisia

  6. Slide 6: Cooper Basin oil – PEL (COE 25%) & PEL (COE 30%)

    For personal use only Cooper Basin oil – PEL 92 (COE 25%) & PEL 93 (COE 30%) Production  12 fields  FY11: 406,710 barrels(COE share)  FY12: target 500,000+ barrels(COE share)(1) Development (PEL 92)  Wells to be connected  Further development drilling 2012 Exploration  Drilling commenced June

  7. Slide 7: Cooper Basin - Western Flank oil

    For personal use only Cooper Basin - Western Flank oil  Very robust economics  Typical economic threshold is 45,000 barrels/well at US$100/barrel post drill INVESTOR PRESENTATION 28 May 2012 High margin business 7

  8. Slide 8: Otway Basin – Somerton Energy acquisition

    For personal use only Otway Basin – Somerton Energy acquisition(1)  9,039km2 (gross) acreage  Conventional and shale ▫ oil and gas  Access to markets and infrastructure  25 Tcf+ original gas in place(2) (1) Announced 19 April, 2012 (2) Casterton shale - Somerton estimate in 2011 Annual Report IN

  9. Slide 9: Otway Basin – PEL (Cooper 50% + 15% ex Somerton)

    For personal use only Otway Basin – PEL 495 (Cooper 50% + 15% ex Somerton ) (1)  Prospective oil & gas area  793 km2 in basin heartland  Significant shale gas and oil potential  Access to markets  December Quarter 2012 well (“Sawpit Updip”) ▫ dual targets ▫ Beach funding 70% (1) Subject to Some

  10. Slide 10: Tunisia

    For personal use only Tunisia  3 contiguous licences ▫ Bargou – COE 30% (1) ▫ Hammamet - COE 35% (1) ▫ Nabeul – COE 85% (1)  12,644 km2  600 km2 Nabeul 3D seismic  Hammamet West-3 well  Nabeul exploration well  Multiple prospects and leads (1) Joint Venture interest INVESTOR PRESENTATION Prove

  11. Slide 11: Tunisia – Hammamet West-3 (COE 30%)

    For personal use only Tunisia – Hammamet West -3 (COE - 30% ) (1) NW SE  Dual targets Possible HW#3 ▫ 10 million bbls (P50) Birsa (2) ▫ 101 million bbls (P50) Abiod (2)  Farm-in partners fund up to US$26.6m ▫ Dragon Oil - 55% ▫ Jacka Resources - 15% (3)  Dragon valuable experience ▫ carbonate pla

  12. Slide 12: Tunisia - Hammamet West-3

    For personal use only Tunisia - Hammamet West-3  Drill December Quarter 2012  67 days to drill and test – budget case  Primary objective - demonstrate Abiod Fm deliverability & commerciality  Funded up to US$26.6 mill by farm-in parties  AGR contracted for well management services  Rig tender

  13. Slide 13: Indonesia – adding value

    Tundan 1 rat For personal use only Indonesia – adding value Talang Jimar Tanjung Tiga Barat Limau Timur Q-108 Limau Timur Q-51 N Existing Oil Field Tanjung Tiga Timur Karangan X/Y: 425000 430000 435000 Existing Gas Field Meters Tanjung Tiga Timur Ogan Prospect imau Timur Q-51 9610000 9610000 Lead Oi

  14. Slide 14: Financial: Implementing the strategy

    For personal use only Financial  Strong cash position  Healthy cash flow  Production growth  existing Cooper Basin and Indonesia oil fields  discoveries  acquisitions  Company changing opportunities  Otway wells  Tunisia wells  corporate activity’  multiple exploration targets  Focussed

  15. Slide 15: Forward activity

    For personal use only Forward activity Key: Cooper Activity FY 2012 FY 2013 Somerton Activity Mar Qtr Jun Qtr Sep Qtr Dec Qtr Mar Qtr Jun Qtr Cooper Basin Production From 12 fields New oil pipeline Tie in new wells and discoveries 3 discoveries Drilling: appraisal & exploration Multiple wells Seismi

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