Buru Energy Ltd · ASX:BRU

Buru Energy — RBS Morgans Unconventional Oil & Gas Day 2011

14 slides from Buru Energy's conference presentation, May 3, 2011

  1. Slide 1: Corporate Presentation ASX Announcement

    Buru Energy Limited ABN 71 130 651 437 Level 2, 97 William Street Perth WA 6000 PO Box 7794, Perth Cloisters Square WA 6850 Ph: 61-8 9215 1800 Fax: 61-8 9215 1899 www.buruenergy.com For personal use only ASX ANNOUNCEMENT (ASX: BRU) 3 May 2011 Corporate Presentation Please find attached Buru Energy L

  2. Slide 2: RBS Morgans Unconventional Oil & Gas Day

    E Buru Energy 3¢RBS Morgans RBS Morgans Unconventional Oil & Gas Day esday, 3’ May 2011

  3. Slide 3: Buru is a compelling investment

    Buru is a compelling investment Buru has: For personal use only  The Potential The Canning Superbasin has the highest potential for volumes of unconventional g gas and oil in Australia  The Land Extensive, contiguous, high quality acreage holding in the Canning Superbasin in the Kimberley region i

  4. Slide 4: Corporate Background

    Corporate Background For personal use only Buru is B i a focused f d oil il and d gas explorer l and producer in the Canning Superbasin of Western Australia  ASX listed: Buru is an Australian stock exchange listed company (ASX ( code d BRU)) with h a market k cap off ~$100 $ million  Perth based:

  5. Slide 5: Corporate Status

    Corporate Status For personal use only Buru’s Buru provides B id material t i l leverage l f for shareholder investors breakdown 6%  Tightly held: 182 million shares on issue, 52% held by 42% top 20, 3 shareholders with +10% each  Management alignment: Buru Buru’ss management has a 52% strong trac

  6. Slide 6: The Unconventional Paradigm Shift

    Potential - The Unconventional Paradigm Shift For personal use only Gas Reserves in Place and consumed 10 years of Happening Shale technology Now Liquids The Unconventional becomes the new Conventional • CSG was a fringe play in Australia until Canadian and US groups arrived • Shale gas is in the sa

  7. Slide 7: The Canning Superbasin

    Potential - the Canning Superbasin The EIA identifies the Canning as the largest potential in Australia For personal use only  The US Energy Information Administration (EIA) 2011 report estimates Australia's shale gas reserves at about the same as Canada’s (both about half the US)  EIA have identi

  8. Slide 8: The geology and operational parameters

    Potential – The geology and operational parameters CBM/CSG / and Shale Gas are two different industries For personal use only CSG is:  Shallow, low pressure  Seams require dewatering  In the surface s face aquifer aq ife regime egime  Very dry gas Shale gas is:  Deep, high pressure  No signifi

  9. Slide 9: Gases ain't gases

    Potential – Gases ain’t gases For personal use only Illustrative relationship of flow characteristics of conventional and unconventional reservoirs 8

  10. Slide 10: Canning Superbasin

    Potential – Canning Superbasin For personal use only The Canning Th C i S Superbasin b i has h widespread id d potential for the whole range of unconventional play types including direct US analogues.  The Th basin b i is i underexplored: d l d onlyl some 170 wildcats ild t have been drilled in an

  11. Slide 11: Land and Funding

    Land and Funding For personal use only The Canning Commanding C di and d strategic t t i land l d holding h ldi Superbasin drilling history built up since 2007 (+9 million acres net) Buru (and previously ARC) has:  acquired the first and only modern digital data set (seismic and wells) for the Supe

  12. Slide 12: Commercialisation pathway

    Commercialisation pathway The development of the identified contingent For personal use only resources has two parallel workplans: Conventional gas and Domgas sales:  prove up sufficient conventional gas reserves to support the Great Northern Pipeline (GNP) (~250/300 PJ)  sell the gas into the Bur

  13. Slide 13: Yulleroo-2 proof of concept of tight/shale gas

    Yulleroo-2 proof of concept of tight/shale gas The Yulleroo Yulleroo-2 2 stimulation and test was For personal use only a major validation of the tight gas/shale gas potential of the basin.  The stimulation and flow test was designed to determine the potential for the commercial development of the

  14. Slide 14: Buru is a compelling investment

    Buru is a compelling investment For personal use only  Huge potential in Conventional and Unconventional resources  Well Funded  Aggressive appraisal and exploration program underway  Validated potential for high liquids, large gas accumulations  Experienced, E i d ffocused d and d motivated i

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