Central Petroleum Limited · ASX:CTP
Central Petroleum — Noosa Mining Conference 2013
22 slides from Central Petroleum's conference presentation, Jul 18, 2013
Slide 1: Central Petroleum: An E&P Company is born
For personal use only CENTRAL PETROLEUM An E&P Company is born Noosa Mining Conference 19th July 2013 0
Slide 2: Disclaimer
Disclaimer 1.This presentation is not intended for prospective investors and does not purport to provide all of the information an interested party may require in order to investigate the For personal use only affairs of Central Petroleum Ltd (“Company”). This presentation does not attempt to produc
Slide 3: Central Thesis: The 6-P Rule
Central Thesis For personal use only The 6-P Rule 1. Prior 2. Planning 3. Prevents 4. Pitiful 5. Poor 6. Performance 2
Slide 4: Prior Planning
Prior Planning For personal use only 12 months to the day since the shareholders confirmed me as Managing Director on 19th July last year. My objectives for the last 12 months were: 1) Heal the wounds - Board Restructure and Office Relocation 2) Strengthen Management - Mike Herrington Executive
Slide 5: Prior Planning (continued)
Prior Planning (continued) For personal use only 9) Increase Staff – 25% increase 10) Fund & Develop Surprise - 3D Seismic - 6 months EPT - Certify Reserves - Production Licence Application - Recent Tax Incentive Rebate - Project Design & Costings 4
Slide 6: So what do you get for your money if you invest in Central Petroleum Limited?
For personal use only So what do you get for your money if you invest in Central Petroleum Limited (ASX:CTP)? 5
Slide 7: A major interest in the Surprise conventional oil field in EP 115, Amadeus Basin
1. A major interest in the Surprise conventional oil field in EP 115, Amadeus Basin Reserve/resource Original oil-in-place Rec. Reserves For personal use only category (million barrels) (million barrels) 1P 2.6 0.6 2P 6.4 1.1 3P 7.5 2.1 *2C 17.7 5.8 Stairway Sandstone Proposed Surprise East 1 * Paco
Slide 8: A major interest in a range of exploration plays near the Surprise oil field
2. A major interest in a range of exploration plays in the immediate vicinity of the Surprise oil field For personal use only … and exploration plays target both conventional (sandstone) and unconventional (shale/limestone) reservoir objectives Representative seismic section Top Stairway Structure M
Slide 9: Representative seismic line: Surprise Area showing exploration targets
Representative seismic line: Surprise Area showing exploration targets For personal use only Siluro-Devonian Cambro-Ordovician Neoproterozoic 8
Slide 10: Why we believe the area has unconventional potential
…and why do we believe the area has unconventional potential For personal use only Total Gas Gamma Ray Resistivity Sonic Density/Neutron Stairway Sst Conventional 1.Very high mud gas reservoir target readings recorded during drilling 2. High measured total Horn Valley organic carbon contents. Siltst
Slide 11: A significant interest in the EP Santos farmin area near Mereenie oil field
3. A significant interest in the EP 115 Santos farmin area in the vicinity of the Mereenie oil field For personal use only …. where a major seismic program is currently being acquired at no cost to CTP 10
Slide 12: 100% interest in remaining areas of EP
4. 100% interest in remaining areas of EP 115 that could increase in exploration attractiveness For personal use only 11
Slide 13: There is more
For personal use only 12 There is more
Slide 14: A significant interest in a portfolio of permits in the southern Amadeus Basin
5. A significant interest in a portfolio of permits in the southern Amadeus Basin For personal use only 13
Slide 15: Large regional seismic survey targeting sub salt plays
…where a large regional seismic survey is being acquired targeting mainly sub salt plays For personal use only 14
Slide 16: The Mt Kitty prospect will soon be drilled
…and the Mt Kitty prospect will soon be drilled, again both at no cost to CTP For personal use only 15
Slide 17: Southern Georgina Basin permits farmed out to Total
6. A significant interest in the southern Georgina Basin permits recently farmed out to Total For personal use only …. where a large regional seismic survey will soon be acquired and up to 6 wells drilled 16
Slide 18: Pedirka Basin permits where the Pellinor prospect has been matured
7. A major interest in Pedirka Basin permits where the Pellinor prospect has been matured For personal use only 17
Slide 19: The Hector lead may be a sleeping giant
…and the Hector lead may be a sleeping giant For personal use only Hector Pellinor NW Lead Prospect SE Jurassic -Cretaceous Permian ?Salt Cambrian Siluro-Devonian Neoproterozoic 18
Slide 20: In summary… Why invest in CTP?
In summary… Why invest in CTP? For personal use only A major interest in the Surprise conventional oil field in EP 115, Amadeus Basin that awaits appraisal and development A major interest in a range of conventional and unconventional exploration plays in the immediate vicinity of the Surprise o
Slide 21: Performance expected to Year End 2014
Performance expected to Year End 2014 For personal use only 1) Acquire ~ 3,000km of seismic 2) Develop Surprise West for production - $7mpa free cash prognosis *1 3) Conduct G&G around Surprise 4) Drill Mt Kitty – January 2014 planned 5) Drill Surprise East 1 in January 2014 prognosis $14m free cash
Slide 22: Contact Details
Contact Details For personal use only Central Petroleum Limited 56-58 Jephson St.,Toowong, QLD PO Box 1571, Toowong DC Qld 4066. Tel: +61 7 3181 3800 Fax: +61 7 3181 3855 Website: www.centralpetroleum.com.au 21