Australis Oil & Gas Ltd. · ASX:ATS
Australis Oil & Gas — Investor Presentation (November 2017)
21 slides from Australis Oil & Gas's investor presentation, Nov 17, 2017
Slide 1: Australis Oil & Gas Investor Q&A Webinar announcement
For Immediate Release ASX Announcement For personal use only 17 November 2017 Australis Oil & Gas Investor Q&A Webinar Australis Oil & Gas Limited (Australis or the Company) (ASX: ATS) is pleased to advise that the Company will host a live audio Investor Webinar session with the Managing Director Mr
Slide 2: Australis Oil & Gas Limited Webinar Presentation
For personal use only Australis Oil & Gas Limited Webinar Presentation 17 November 2017 Large strategic acreage position in one of the few emerging oil shale basins in the USA Investor Presentation
Slide 3: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Australis Oil & Gas Limited ACN 609 262 937 (ASX: ATS) (Australis). Summary of information: This presentation contains general and background information about Australis’ activities current as at the date of
Slide 4: Investment Highlights
Investment Highlights Positioned for significant value accretion For personal use only ▪ Largest acreage holder in the ‘core’ of the Tuscaloosa Marine Shale (TMS) Operator of ▪ TMS oil production per well similar to the best areas within US shale such as Eagle Ford Quality Assets ▪ Large acreage hol
Slide 5: Company Snapshot
Company Snapshot Australis has existing reserves, production and revenue, no debt and a strong institutionally dominated register with significant contribution from Board & Management For personal use only ▪ Listed on the ASX in July 2016 Capital Structure ▪ Executing on strategy of securing an inve
Slide 6: Tuscaloosa Marine Shale
For personal use only Tuscaloosa Marine Shale Tier 1 acreage in an emerging shale province Investor Presentation 5
Slide 7: What is the TMS?
What is the TMS? The TMS is an emerging shale play. The “Core” is comparable with other prolific shale plays in the US For personal use only TMS Location ▪ Onshore basin - Louisiana and Mississippi ▪ On trend with Eagle Ford Basin in Texas, similar depositional history and age ▪ 80 horizontal wells
Slide 8: TMS Oil Productivity vs Other Major Plays
For personal use only bbl / day - 100 200 300 400 500 600 700 Company 1 TMS TC Company 2 Company 3 Company 4 Company 5 TMS Company 6 Company 7 Company 8 Company 9 Australis) Company 10 Company 11 Company 12 Company 13 Company 14 Company 15 Company 16 Company 17 Company 18 Average barrels per day oil
Slide 9: Australis TMS Well Performance
Australis TMS Well Performance The last 15 wells drilled within Australis’ core acreage demonstrate significantly higher average For personal use only productivity than the average of other TMS wells drilled in Mississippi Individual 24 Month Cumulative Production Per Well – TMS Mississippi5,6 Austr
Slide 10: Australis TMS Land Position
Australis TMS Land Position Australis holds a dominant land position within the core of the TMS, with significant undeveloped oil For personal use only Net Oil Australis TMS Position Australis TMS (after royalties) Reserves1 5 million bbl PDP US$95 million (NPV10) Resources1 1C Resources 35 million
Slide 11: TMS Economics
TMS Economics The TMS Core is economic at current oil prices and current single well cost estimates without assumed productivity improvements, batch drilling or economies that come with development scale For personal use only Single Well Economics and Sensitivities 10 TMS Core Type Curve (last 15 we
Slide 12: Pathway to Value
Pathway to Value TMS Core acreage has significant upside with multiple catalysts to create value For personal use only Value Catalysts Growth Strategy ▪ Likely to recover within 1-3 years as Oil Price the global supply market rebalances ▪ Continued refinement in design with GOAL practice ▪ Well loca
Slide 13: Portuguese Exploration Assets
For personal use only Portuguese Exploration Assets Large, low cost onshore acreage with minimal work commitments Investor Presentation 12
Slide 14: Portugal Concessions Overview
Portugal Concessions Overview Australis owns two concessions onshore Portugal with significant development potential For personal use only Asset Highlights Asset Location Significant Gas ▪ Large in-place discovered and tested gas Resource accumulation with 2C resources of 459 Bcf 1 ▪ Limited explora
Slide 15: Portugal Prospectivity & Volumetrics
Portugal Prospectivity & Volumetrics Appraisal of a gas discovery with multiple nearby prospects and leads with a significant resource base For personal use only Proposed Work Program Batalha Gas Discovery Batalha Concession Prospects ▪ Drill and test the gas discovery with a vertical well ▪ Drill a
Slide 16: Thank you for your time
For personal use only Australis Oil & Gas Limited Thank you for your time. Investor Presentation
Slide 17: Petroleum Rights in the TMS – Leasing
Petroleum Rights in the TMS – Leasing A summary of the leasing system in the US For personal use only Petroleum Rights ▪ In the USA, the rights of access to hydrocarbons are generally attached to the surface landrights as real property ▪ However, such rights can be separated from the surface land ow
Slide 18: TMS Core Type Curve
TMS Core Type Curve Summary of monthly oil production data for the most recent 15 Encana operated modern offset Mississippi wells For personal use only Lewis 7- Pintard Lyons 35H Pintard Longleaf Longleaf Mathis Mathis Lawson Ash 13H Sabine Sabine McIntosh Reese Well Name Ash 13H 2 Average Cumulativ
Slide 19: TMS Core Type Curve
TMS Core Type Curve The production and opex assumptions are based on history and the capex costs are current third party estimates. For personal use only Future Well Type Curve Production Forecast Target Lower TMS Mississippi EUR 30,000 700,000 Gas 0.14 bcf Oil/Condensate 545 mbbl 25,000 600,000 Pro
Slide 20: Footnotes
Footnotes 1. All estimates and risk factors taken from Ryder Scott, report prepared as at 1 February 2017 and generated for the Australis concessions to SPE standards. See For personal use only ASX announcement titled “US Shale Acquisition and A$100 Million Placement’ dated 28 February 2017. The ana
Slide 21: Glossary
Glossary Unit Measure Unit Measure For personal use only B Prefix - Billions bbl Barrel of oil MM or mm Prefix - Millions boe Barrel of oil equivalent (1bbl = 6 mscf) K or k Prefix - Thousands scf Standard cubic foot of gas /d Suffix - per day Abbreviation Description TMS Core The Australis designat
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