Amplitude Energy Limited · ASX:AEL

Amplitude Energy — Cooper Energy — Corporate Update (March 2006)

13 slides from Amplitude Energy's corporate update, March 2006

  1. Slide 1: Brief Investor Update – March 2006

    Brief Investor Update – March 2006 Strong foundation and future opportunities… Michael Scott, Chief Executive Officer, Cooper Energy Limited, 2006

  2. Slide 2: Corporate Overview

    Corporate Overview • Listed on ASX on 13 March 2002 • Directors: Laurie Shervington Chairman Michael Scott Chief Executive Officer Greg Hancock Executive Director Rob Kirtlan Executive Director Chris Porter Non-Executive Director • Issued capital: 139 million shares • Unlisted options: 12.25 million

  3. Slide 3: Brief Update

    Brief Update • December 2005 quarterly and recent events Record quarterly oil production volumes of 94,334 barrels (183,430 for ½ year) Oil sales of A$7.3 million (A$15.9 million for ½ year) Proved oil reserves of 1.1 million barrels Cash reserves of A$25.3 million Working capital of A$21.6 million

  4. Slide 4: Areas of Interest

    Areas of Interest South East Asia North Africa • Active in business development, exploration, development and production. 4

  5. Slide 5: Look Forward Schedule

    Look Forward Schedule Note: Schedules are subject to a large number of controllable and uncontrollable variables and are liable to change 5

  6. Slide 6: Cooper Basin Activity

    Cooper Basin Activity Block Equity Well Expected Comments Timing PPL207 30% Worrior-4 March Appraisal/development well on the Worrior oil field. PPL205 25% Christies-4 March Appraisal/development well on the Christies oil field. PPL205 25% Christies-5 April Appraisal/development well on the Christie

  7. Slide 7: Cooper Basin Exploration – Fairbridge-1 (38.33%)

    Cooper Basin Exploration – Fairbridge-1 (38.33%) • Multiple zones of interest in Birkhead and Poolowanna • Planning to return with a work- over rig May 2006, or earlier • Key test for northern margin block • Immediate follow-up targets if well proves productive Pre-Drill Undiscovered Reserves (100%

  8. Slide 8: Indonesia South Madura Exploration (45%)

    Indonesia South Madura Exploration (45%) Kurnia-1 8

  9. Slide 9: Indonesia Exploration – Kurnia-1 (45%)

    Indonesia Exploration – Kurnia-1 (45%) < ~5 km > NB: Existing wells only shallow penetrations • Gas and oil target horizons • Company changing exploration potential • Targeting early 2006 for drilling, dependent upon Kurnia-1 drilling schedules and approvals • Well cost ~US$6.0 million (100% JV) Und

  10. Slide 10: Cambodia Block B (10%)

    Cambodia Block B (10%) • Currently interpreting 2D seismic • Lead and prospect map Feb/Mar • 3D seismic 3Q06 • Media has reported on Block A (Chevron) - 5/6 wells a success - 400 MMBO - 1 TCF of gas 10

  11. Slide 11: Tunisia Bargou (100%)

    Tunisia Bargou (100%) • Just signed PSC documents • Official gazettal expected in March 2006 • 2 year seismic program - 5000 km re-pro - Interpretation - 200 km 2D acquisition • Several 25 MMBO prospects already identified 11

  12. Slide 12: Summary

    Summary • 2006 has an exciting exploration program - potential company changing targets • Continuing production levels are consistent with forecasts - currently 1,000-1,200 barrels of oil per day - expecting to meet or exceed 300,000 barrels of oil for the 05-06 financial year - additional developme

  13. Slide 13: www.cooperenergy.com.au

    < Cooper Energy www.cooperenergy.com.au

Cooper Energy — Corporate Update (March 2006) on 6ix