Bounty Oil & Gas Nl · ASX:BUY
Bounty Oil & Gas Nl — Excellence in Oil & Gas Conference 2008
20 slides from Bounty Oil & Gas Nl's conference presentation, May 28, 2008
Slide 1: ASX/Media Release: CEO's Presentation to Sydney Oil Conference
For personal use only ASX/MEDIA RELEASE 28 May 2008 CEO’s Presentation to Sydney Oil Conference Attached is the Presentation made by Mr Philip Kelso, Chief Executive Officer of Bounty Oil & Gas N.L to the: Excellence in Oil & Gas Conference Four Seasons Hotel Sydney 27 May 2008 Time: 4.30 pm Bounty
Slide 2: Bounty Oil & Gas NL - Excellence in Oil & Gas Conference
For personal use only Bounty Oil & Gas NL Excellence in Oil & Gas Conference S d Sydney - 27 M May 2008 ASX Code: BUY
Slide 3: Take Home Message
Take Home Message g For personal use only • Bounty B t Oil & Gas G NL with ith the th desirable d i bl ASX C Code d off BUY at 5.5 cents and with a market cap of $14 million is the true value stock for 2008 • Bounty has early drilling in a range of very high impact oil and gas projects in Australia
Slide 4: Projects: 2008 Operations
Projects For personal use only Kiliwani North Gas Discovery 2008 - production test Wisteria 1 AC/P 32 and commercialisation studies Spudding July 2008 WA 324P Seismic in 2008 2008 Operations
Slide 5: Enhancing the value of BUY's assets (1)
Enhancing the value of BUY’s assets For personal use only • Laying L i d down main i milestones il t 2008 (1) • N New TTeam: New N very experienced i d management detaches Bounty from DLS and it now is fully independent – raises $ 2 million – asset review • Gas: In March 2008 Bountyy pparticipates p
Slide 6: Enhancing the value of BUY assets (2)
Enhancing the value of BUY assets For personal use only • Laying L i d down main i milestones il t 2008 (2) • Kili Kiliwanii N North: h Subject S bj to successful f l testing i move to tie i in and sell gas 4th Quarter 2008 and receive revenue • Oil: Continue minor oil production from Utopia Block,
Slide 7: Share and Reserve Summary
Share and Reserve Summary For personal use only 52 Weeks Price Range $0.032 to $0.074 Shares/Options Outstanding Shares Quoted 259,735,655 Options Outstanding 9,781,200 Fully Diluted 269,516,855 ASX Price $0.055 Market Capitalisation $14 million Petroleum Reserves 1.14 mmbls 2P
Slide 8: Enhancing the value of BUY's assets: Look Forward to 2009
Enhancing the value of BUY’s assets :2009 For personal use only • Look Forward : to 2009 • Nyuni Block (Tanzania): – Expecting to achieve gas sales in late 2008 early 2009 – Possible appraisal drilling at Kiliwani North – Planning for new seismic surveys in the Block Block, – leading to 2 new explor
Slide 9: Tanzania
Tanzania For personal use only Mwanza A Arusha h Nyuni Block BUY – 5% WI Shinyanga Moshi • Electricity demand growing by y 10% p pa • Gas used for power generation, cement and growing industrial consumer base Dodoma • Nyuni Block has contractual Dar es access to gas plant and Lak Salaam eT Morogoro
Slide 10: Kiliwani North Commercialisation
Kiliwani North Commercialisation For personal use only • 70 metre gas column • GWC at least 35 metres below Songo Songo • New pool • South of Songo Songo • Only 6 km from Songas plant Gas field and pipeline to Dar es Salaam • Large Cretaceous • Growing industrial demand for Structure gas and for ele
Slide 11: Kiliwani North & Nyuni Block Development: 2008-2010
Kiliwani North & Nyuni y Block Development: 2008 – 2010 For personal use only – Testing should lead to early commercialisation with Bounty to receive gas and possible condensate production from Kiliwani North after 6 km tie in to Songas compression facilities and pipeline to Dar es Salaam – 2008/09
Slide 12: AC/P Vulcan Sub-Basin
AC/P 32 Vulcan Sub-Basin For personal use only AC/P 33 0 25 50 AC 07-2 RL 6 AC/P 4 AC/P 17 AC/P 39 Kilometres AC/P 4 AC/P 24 RL 5 AC 08-4 AC/L 1 AC/P 4 RL 4 AC/RL 7 Jabiru AC/P 40 AC/P 4 AC/L 2 AC 07-3 AC/P 21 Challis P 22 Swan AC/L 6 AC/L 3 AC/P 32 P 22 Wisteria 1 • Located along trend from produci
Slide 13: AC/P Leads and Prospects Map
AC/P 32 Leads and Prospects p For personal use only Map Located in the oil prone and prolific Vulcan Sub Basin p northeast of the Montara development, AC/P 32 has a number of leads and prospects in addition to the multi zone Wisteria prospect
Slide 14: AC/P32: Wisteria/Azalea Area Play Diagram
AC/P32: Wisteria/Azalea Area Play Diagram For personal use only Wisteria-1 1 proposed Magnolia-1 Longleat Fault Prion Fm (Miocene) HRDZ cemented zone F From extensive t i HRDZ cemented zone Palaeo seepage HRDZ cemented zones Beginning to form from over faults to NE of Magnolia recent gas seepage Unf
Slide 15: Wisteria Seismic
For personal use only Wisteria 1 Seismic
Slide 16: Onshore Carnarvon Basin
Onshore Carnarvon Basin Tubridgi EP 325 (2) For personal use only L9 359 (1) EP 325 (1) Rivoli EP 425 BUY 10% WI EP 412 BUY 65% WI EP 444 Onshore along trend from proven hydrocarbons at EP 359 (2) Rivoli and Rough Range EP 435 Rough Range EP 434 Operator scheduled 2 wells EP 412 04-5 L for 2008:- Be
Slide 17: WA-324-P Bonaparte Basin
WA-324-P Bonaparte Basin Fishburn Block For personal use only WA-405-P Petrel WA-6-R WA-376-P Fishburn 1 WA-375-P W 08-3 WA-18-P WA-324-P Tern WA-27-R W 08-5 WA-318-P Gas Accumulation Penguin 1 Lead Polkadot 1 WA-313-P 0 25 50 Marina (WA) 1 Kilometres 279-P WA-33-L Lesueur 1 •Seismic acquisition in
Slide 18: PEP 11: Offshore Sydney Basin Gas Play
PSPAPP 32 PEL 452 PEL 456 PEL 285 PSPAPP 31 PEP 11:Offshore For personal use only PSPA 20 PEL 4 Sydney Basin - Gas PEL 267 PELA 98 play l Newcastle BUY 75% and free carried for PEP 11 commitment well well. Partner is PELA 97 PEL 5 seeking to mature area for wildcat well targeting 1 TCF Baleen Lead S
Slide 19: Disclaimer and Important Notice
Disclaimer and Important p Notice For personal use only This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a ran
Slide 20: Bounty Oil & Gas NL - Contact
For personal use only Bounty Oil & Gas NL For further information go to: www bountyoil com www.bountyoil.com Or contact: Philip F Kelso, CEO geo@bountyoil.com +612 9299 7200
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