Carnarvon Energy Limited · ASX:CVN
Carnarvon Energy — Carnarvon Petroleum — Excellence in Oil and Gas Conference 2014
16 slides from Carnarvon Energy's conference presentation, Mar 12, 2014
Slide 1: Excellence in Oil and Gas Presentation
Excellence in Oil and Gas Presentation 12 March 2014 For personal use only Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) is pleased to provide shareholders with the following presentation provided today at the Excellence in Oil and Gas Conference in Sydney by Carnarvon’s Chief Executive Office
Slide 2: For all enquiries please contact
For all enquiries please contact: Shareholder Enquiries Media Enquires For personal use only Mr Thomson Naude Mr Tony Dawe Company Secretary Professional Public Relations Phone: (08) 9321 2665 (08) 9388 0944 / 0405 989 743 Email: investor.relations@cvn.com.au tony.dawe@ppr.com.au Yours faithfully Ad
Slide 3: Think Different; Act Different
For personal use only Think Different; Act Different March 2014 Adrian Cook Managing Director Carnarvon Petroleum
Slide 4: Simplifying the story
Simplifying the story For personal use only Experienced Quality people assets Comprehensive Think Leverage ‘information’ base different & commercialise Financial resources Generate value 1
Slide 5: Experienced People
Experienced People For personal use only Oil finders Finance Geoscience Skin in the Game Commercial Engineering 2
Slide 6: Comprehensive 'information' base
Comprehensive ‘information’ base For personal use only Knowledge Relationships Western Australia South East Asia 3
Slide 7: Financial resources
Financial resources For personal use only Cash of A$20m (1) Cash from asset sale proceeds of A$33m (1) Future cash from asset sale royalty of up to A$35m Two farmed out wells – 20% free carried to US$70m per well On-going cash flow from Thailand production No debt and minimal permit commitments (1)
Slide 8: Thinking and acting differently in Thailand
Thinking and acting differently in Thailand For personal use only ............transformed existing sandstone field into a high value igneous and sandstone asset $20m initially invested $108m capex funded from operations $43m distributed in free cash Up to $72m sale of half interest 20% interest reta
Slide 9: Every producing field starts out as an idea
For personal use only Every producing field starts out as an idea … but to get the idea you need to think different. 6
Slide 10: In 2008 (GFC) and acreage mostly open
In 2008 (GFC) and acreage mostly open For personal use only Near top gas (241T) depth surface from the Phoenix 3D seismic survey 7
Slide 11: Carnarvon moved early
Carnarvon moved early For personal use only Near top gas (241T) depth surface from the Phoenix 3D seismic survey 8
Slide 12: Majors joined
Majors joined For personal use only Apache Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 9
Slide 13: Our focus
Our focus For personal use only Apache Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 10
Slide 14: In the pipeline
In the pipeline For personal use only Apache Woodside Woodside Apache Woodside Apache Apache Woodside Woodside Near top gas (241T) depth surface from the Phoenix 3D seismic survey 11
Slide 15: Simplifying the value proposition
Simplifying the value proposition For personal use only We are here 12
Slide 16: Disclaimer
Disclaimer The information in this document, that relates to oil exploration results and reserves, is based on information compiled by the Company’s Chief Operating Officer, Mr Philip Huizenga, who is a full-time employee of the Company. Mr Huizenga consents to the inclusion of the reserves and reso
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