Key Petroleum Limited · ASX:KEY
Key Petroleum — Shareholder Meeting (November 2008)
14 slides from Key Petroleum's shareholder meeting presentation, Nov 26, 2008
Slide 1: Welcome to the 2008 Annual General Meeting
Welcome For personal use only to the 2008 Annual General Meeting of Key Petroleum Ltd 26 November 2008 14:00 hrs Level 2, QV1 Building 250 St Georges Terrace Perth Western Australia 6000 www.keypetroleum.com Key
Slide 2: Disclaimer
Disclaimer For personal use only The information in this presentation is an overview and does not contain all information necessary for investment decisions . In making investment decisions, investors should rely on their own examination of Key Petroleum Ltd and consult with their own legal, tax, bu
Slide 3: Operated according to its defined strategy
For personal use only “With the success of Kiliwani North, the acquisition of new permits and the expansion of the Company‟s pool of talented and enthusiastic personnel Key Petroleum HAS operated throughout the 2007 ~ 2008 year according to its defined strategy” Key
Slide 4: Key's Current Areas of Interest
Key’s Current Areas of Interest For personal use only Key
Slide 5: Key Petroleum's Fast Facts
Key Petroleum’s Fast Facts: • Oil & Gas Exploration Company (ASX Listed) • A significant gas discovery in Tanzania For personal use only • Expanded asset portfolio The Company is: • Debt free • Has upside potential due to its exploration and commercialisation projects in Tanzania and through its oth
Slide 6: Africa – The Plain Truths of a Changing World
Africa – The Plain Truths of a Changing World In 2008 Key proved itself to be a true oil and gas exploration company having drilled successful wells in Africa BUT as we head into 2009 there is a degree of For personal use only uncertainty as to the future direction of oil and gas prices and near ter
Slide 7: For personal use only
Tanzania, where we have two important projects, will not avoid this impact and the country‟s lack of infrastructure will hamper the speed of development of our projects and Key‟s ability to receive a substantial economic return in the For personal use only short term on the time and money currently
Slide 8: Kiliwani North Commercialisation Process
Kiliwani North Commercialisation Process: Where are we in the process ? What are we doing at the moment ? What are we planning to do ? These are the questions that have been raised by a number of investors : For personal use only • It has to be said at the beginning that progress has not been anywhe
Slide 9: West Songo Songo
West Songo Songo • The West Songo Songo PSA, which was awarded in June 2008, is located between the Tanzanian coastline and is adjacent to the western boundary of For personal use only the producing Songo Songo Gas Field. • Although only covering an area of 504km², the PSA has comprehensive and rece
Slide 10: Italy
Italy : • In Italy Key has established its 100% owned company Puma Petroleum S.r.l as an Italian entity. For personal use only • The Company is working on a number of projects in Italy and a drilling programme for the Borsano block in the north of the country has been finalised, translated into Ital
Slide 11: Namibia
Namibia Key signed a Consortium Agreement with Pancontinental Oil & Gas NL (ASX: PCL) for joint petroleum exploration activities offshore For personal use only Namibia earlier in the year. • Consortium believe that the area holds significant oil exploration potential. • Pancontinental holds a Reconn
Slide 12: Suriname
Suriname • Key Petroleum indirectly owns 1.75% free carried interest in 2 Blocks through 25 exploration wells. For personal use only • Participants are Paradise Oil 60% (Govt.), Hardman 36.5% and Portsea Oil & Gas 3.5% (50% owned by Key Petroleum) • Low Cost, Low Risk onshore plays • Both blocks adj
Slide 13: The Future for Key Petroleum
The Future for Key Petroleum : THE FUTURE For personal use only As we move into 2009 we will have to overcome many challenges in these turbulent times but Key Petroleum Ltd is well placed to move forward with good assets, cash and a dynamic team of industry professionals, whilst still remembering th
Slide 14: For personal use only
For personal use only In today‟s world it looks to us that the old adage of “you can have your cake and eat it” has gone! We know that the “cakes” are getting harder to find but Key‟s team is actively searching, far and wide, to locate them. Key