Maverick Minerals Australia Ltd · ASX:M96

Maverick Minerals Australia — Exoma Energy — Investor Presentation (February 2011)

16 slides from Maverick Minerals Australia's investor presentation, February 2011

  1. Slide 1: Exoma Energy – Galilee Basin oil and gas explorer

    February 2011 Exoma Energy is an emerging onshore oil and gas company, focused on petroleum exploration and appraisal of its large permit holdings in the Galilee Basin in Central Queensland

  2. Slide 2: Contents

    Contents www.exoma.net Corporate Snapshot Management Team Executive Summary Acreage Achievements – the last 12 months CNOOC Farmin Exoma Vision Exploration Strategy CSG Resource Shale Gas & Oil Resource 2011 Well Program Targets for Next 24 Months Financial Resources 2

  3. Slide 3: Corporate Snapshot: Capital Structure

    Corporate Snapshot www.exoma.net Capital Structure Share Price Performance May 2009 to February 2011 Share Price EXE $0.24 High: (as at 15 February 2011) $0.325 Ordinary Shares on Issue 318,071,665 Options EXO 66,941,250 (20 cent exercise price @31/03/2011) Options EXOA 146,876,250 (10 cent exercise

  4. Slide 4: Management Team

    Management Team www.exoma.net Board Executive QGC – 30+ years Brian Barker 35+ years petroleum industry Rob Crook CEO petroleum & energy industry Bow Energy – 25+ Exploration Howard Dewhirst 35+ years petroleum industry Paul Lipski years petroleum Manager industry Santos, Shell – 10 Operations Steph

  5. Slide 5: Executive Summary

    Executive Summary www.exoma.net • Queensland – Galilee Basin Focus • 5 large, contiguous ATPs, 26,840 Square/Kms • Massive Data Base  existing seismic and wells • Coal Seam Gas  estimated GIP 27 Tcf – 72 Tcf • Shale Gas  estimated GIP 100 Tcf • Strategic Farmin Partner – CNOOC • CNOOC  Seeking t

  6. Slide 6: Acreage

    Acreage www.exoma.net • Strategic acreage position in Galilee Basin  27,000 sq km  Strong CSG and Shale Gas leads in basin  2 Tcf independently certified 3C Gas resource 6

  7. Slide 7: Achievements – The Last 12 Months

    Achievements ... The Last 12 Months www.exoma.net Longreach Acquisition • Completed October 2009 • Massive Data Base: ATP and Basin Data Review • 11,000 kms seismic , 70 + conventional wells, 5,000 + water bores •CSG & Shale Gas in Place: Identify Prospects •Initial 10+ prospects •50 + Well location

  8. Slide 8: CNOOC Farmin

    CNOOC Farmin www.exoma.net • China National Offshore Oil Corporation (CNOOC) China’s dominant producer and importer of LNG Major international upstream participant Increasing focus on CSG and shale gas Motivated by potential scale of resource Objective – to produce export LNG • Deal $50 millio

  9. Slide 9: Exoma Vision

    Exoma Vision www.exoma.net • Capitalise on key assets:  Very large scale gas resource  Strong, aligned strategic partner  Experienced exploration team • Early definition of a strategic gas reserve at a scale to support a standalone LNG development Allows early monetization Avoids risk of strand

  10. Slide 10: Exploration Strategy

    Exploration Strategy www.exoma.net • 2011: Broad-based exploration across acreage  Confirm regional geological model  Validate the regional CSG model  Systematic test of the Toolebuc shale as a hydrocarbon system  Systematic understanding of the Great Artesian Basin and regional aquifers • 2012

  11. Slide 11: CSG Resource

    CSG Resource www.exoma.net Coal Seam Gas • Permian Coal measure:  700m to 1,500m deep  Up to 24m net thickness  Measured Gas contents up to 7m³/tonne • Coal measures present ATP 991, ATP 996 and ATP 1008 • Estimated CSG Gas-in-Place up to 72 Tcf 11

  12. Slide 12: Shale Gas & Oil Resource

    Shale Gas & Oil Resource www.exoma.net Shale Gas • Toolebuc shale  High organic content – up to 20% TOC  20 to 40 m thick across most of the western area  Shallow - 400m to 900m • Hydrocarbon shows always encountered in drilling • Evidence of free gas and liquids in water bores • ATP 999 and ATP

  13. Slide 13: 2011 Well Program

    2011 Well Program www.exoma.net 13

  14. Slide 14: Targets for the Next 24 Months

    Targets for the Next 24 Months www.exoma.net Permit Resource Activity 2011 2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Core Drilling – 3 Wells ATP 991 CSG & Shale Gas Appraisal Certified Reserves Core Drilling – 4 Wells ATP 996 CSG & Shale Gas Appraisal Certified Reserves Core Drilling – 5 Wells ATP 999 Shale Gas

  15. Slide 15: Financial Resources

    Financial Resources www.exoma.net Timing Event Farmin Fixed Contingent 2011 February CNOOC Farmin $50m 2011 February CNOOC Placement $27m 2011 March EXEO Options Exercised $13m 2012 September EXEOA Options Exercised $15m 2012 December CNOOC Options Exercised $27m Total Funds $50m $28m $54m CNOOC 1:1

  16. Slide 16: End of Presentation

    February 2011 End of Presentation

Exoma Energy — Investor Presentation (February 2011) on 6ix