Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Investor Presentation (January 2018)
13 slides from Pancontinental Energy Nl's investor presentation, Jan 11, 2018
Slide 1: Update Presentation January 2018
Update Presentation January 2018 For personal use only Pancontinental has over the past 6 months: • Secured funding for 2 wells in California. Both now gas discoveries being production tested. • Brought in A$10 million of industry funding by partial sell down of PEL 37 Namibia while still holding 20
Slide 2: Corporate Snapshot
Corporate Snapshot Capital Structure For personal use only Share price $0.005 Further A$7 Million due at spud of Shares 5,261,788,668 Cormorant‐1 in PEL 37. Options 567,134,149 Market Capitalisation $26.3 million Cash $8.6 million Debt $0 10 January 2018 : PCL breaking Enterprise Value $24.7 million
Slide 3: A Revitalised Pancontinental – How we have done it
A Revitalised Pancontinental – How we have done it ….. For personal use only 2011 Secured PEL 37 in Namibia with 95% operated interest. 2013 Farmed out PEL 37 to premier African explorer, Tullow Oil. Mid 2016 Creation of Bombora Natural Energy; Raised $2 MM in seed (Hartleys). Secured positions
Slide 4: Namibia big oil potential
Namibia big oil potential….. For personal use only Namibia and West Africa ‐ The Big picture 4
Slide 5: Offshore Namibia: Major Companies Following Our Lead
Offshore Namibia Namibia…We are drilling–and Finding the Oilare Major Companies “Sweet followingSpot” our lead. For personal use only Major companies are taking positions in the offshore Namibia play. |5
Slide 6: The Namibian Oil Play – Large Submarine Fans
The Namibian Oil Play – Large Submarine Fans. For personal use only In PEL 37 multiple, large individual fan bodies in front of a Cretaceous Age paleo shelf. The Cormorant fan covers some 120 km² at the Best estimate case and up to 216 km² in the upside case. 6
Slide 7: Jubilee Field Analogue in Ghana West Africa
Jubilee Field Analogue in Ghana West Africa……Illustrative Scale Comparison For personal use only PEL 37 Prospects and Leads |7
Slide 8: Block 2713 – A coup for Pancontinental
Block 2713 – A coup for Pancontinental “Competing with the Majors” For personal use only PCL 75% and operator – Both our Namibian blocks are in the sweet trends being targeted by the Majors PCL’s acreage is clearly oil – prone! Using our proven technical and commercial skills ..just watch what we do
Slide 9: California - Quick to Commercialise Gas Potential
California - Quick to Commercialise Gas Potential…. For personal use only California and the San Andreas ‐ The Big Picture Pancontinental projects 9
Slide 10: Lets talk California Gas
Lets talk California Gas…. For personal use only Lowered technical risk and potential to fast track into production. 10
Slide 11: Dempsey-1 Gas Discovery – Putting on Production Before Further Testing
Dempsey-1 Gas Discovery – Putting on Production Before Further Testing Dempsey has discovered gas at traditional, shallow levels and is a new field gas discovery at the For personal use only • larger, primary target levels. • All targeted sands appear to be gas saturated. • The lowermost sand and ne
Slide 12: Tulainyo Drilled, Cased and full of Gas
Tulainyo Drilled, Cased and full of Gas… For personal use only • PCL earning effective interest 13.33% in multi -Tcf potential gas discovery. • Huge, compressed, 100 km² anticline with surface expression and gas seeps. • Operator CRC the largest gas producer in California. • We have proved with this
Slide 13: Where we are now and where we are going
Where we are now and where we are going…. For personal use only Pancontinental now has: A strengthened cash position. Funded, high impact activity delivered in 2017 and continuing 2018 Good prospects for commercial gas production in 2018. A sound, portfolio - based strategy for managing inve
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