Fin Resources Limited · ASX:FIN
Fin Resources — Monitor Energy — Investor Presentation (September 2009)
18 slides from Fin Resources's investor presentation, September 2009
Slide 1: Investor Presentation: A New Direction - Cooper Basin
Investor Presentation A New Direction- Cooper Basin September 2009
Slide 2: Legal Disclaimer
Legal Disclaimer ! This document has been prepared by Monitor Energy Limited for the purpose of providing a company and technical overview to interested analysts/investors ! Any statements, opinions, projections, forecasts or other material contained in this document do not constitute any commitment
Slide 3: Who we are
Who we are ! Our History Monitor Energy is a Perth based energy company which has in the past focused on its large acreage position in the Kyrgyz Republic. ! Our New Focus Monitor Energy is: Focused on becoming the Cooper Basin’s next emerging oil & gas producer. Partnering & building a high impact
Slide 4: Company Profile & Capital Structure
Company Profile & Capital Structure ! Listed on the ASX (MHL) in 2004 Share Price performance & volume ! 1,557,695,704 shares on issue ! Currently undertaking underwritten 1:1 rights issue to raise $3.1m to fund Cooper project ! Fully Underwritten by Patersons Securities Ltd ! Share Price: 0.4 cents
Slide 5: Asset Locations
Asset Locations ! Australia – Cooper Basin - Earning 75% equity in PEL 115. - Drilling 2 wells in 2009 targeting up to 23 mmbbls of oil and 23 bcf of gas. Kyrgyz Petroleum & - Permit surrounded by existing production Uranium Assets assets (59 mmbls oil, 2.5 TCF gas per PIRSA) and contains leads targ
Slide 6: Who We Are
Who We Are ! The company has taken steps to strengthen its financial and corporate governance requirements in line with its new strategic direction. On completion of the capital raising the management of monitor Energy will be as follows: Executive Chairman: Mr Scott Spencer ! Mr. Spencer was an Exe
Slide 7: Cooper Basin: New Direction & Reinvigorated Focus
Cooper Basin New Direction & Reinvigorated Focus
Slide 8: Project Location – Cooper Basin
Project Location – Cooper Basin Cooper Basin – PEL 115 (Monitor earning 75% Equity) ! Surrounded by producing oil & gas fields (59 mmbls oil, 2.5 TCF gas per PIRSA). ! PEL 115: 65,000 acres of arguably the most prospective Cooper Basin acreage available. ! Drilling 2 wells in 2009 targeting up to 23
Slide 9: PEL 115 - Leveraged to Success
PEL 115- Leveraged to Success The following leverage table provides an indicator of possible movements in share price in the event of discovery on an un-risked basis. Fury-1 Oil Fury-1 Gas Airacobra-1 Oil
Slide 10: Well #1 - Fury (Drilling Mid-October 2009)
Well #1 - Fury (Drilling Mid-October 2009) ! Located 1650m up-dip of Lightning-1, suspended oil well ! Objective 1: Jurassic, potential 1.5mmbls ! Objective 2: Permian, potential 0.46mmbls and 22.79bcf or oil** •** 27mbbls potential oil in the Permian depends on charge from the Patchawarra Trough. F
Slide 11: Well #2 - Airacobra (Drilling November 2009)
Well #2 - Airacobra (Drilling November 2009) ! On-trend with Narcoonowie oil ! Targeting potential 1.28mmbls
Slide 12: PEL 115: Leads Map & Table
PEL 115 : Leads Map & Table Oil Prospects Gas Prospects
Slide 13: The Deal
The Deal Monitor earns 75% interest in PEL 115 through a farm-in on the following terms: • Monitor will earn 75% interest in the Fury Prospect and associated Fury Petroleum Production Licence (PPL), if granted and right to a 37.5% interest in all of PEL 115 by paying 100% of all the costs of drillin
Slide 14: Cooper Basin
Cooper Basin • The Cooper Basin is Australia’s premier onshore hydrocarbon producing area • Santos is the major producer and has a long history of successful exploitation with a success rate of 45% • There are several significant ASX listed oil companies that Disparity? produce hydrocarbons: The Cat
Slide 15: Emerging Unconventional Gas Potential
Emerging Unconventional Gas Potential
Slide 16: Unconventional Prospectivity
Unconventional Prospectivity Coal Seam Methane & Shale Gas Potential – The Next Big Thing ! Extensive gas zones have been identified in deep coal/shale units throughout the Cooper Basin. ! Endorsed and promoted by major Cooper basin players: Santos, Drillsearch, Beach ! Victoria Petroleum NL have re
Slide 17: Santos – Cooper Basin Deep Coal Seam Gas
Santos – Cooper Basin Deep Coal Seam Gas PEL 115 located adjacent to Santos’ prime Cooper Basin acreage Source: Santos Limited Investor Presentation 2 March 2009
Slide 18: Forward Outlook
Forward Outlook ! A new direction, energy and focus. ! Monitor has the reinvigorated team, projects & focused plan to deliver shareholder value. ! Long-term cash flow, production and reserves growth is the aim. ! Focused activity whilst retaining high equity to leverage our shareholders to success.
Monitor Energy — Investor Presentation (September 2009) on 6ix