3d Energi Limited · ASX:TDO
3d Energi — 3D Oil — Shareholder Meeting (November 2014)
19 slides from 3d Energi's shareholder meeting presentation, Nov 17, 2014
Slide 1: 3D Oil Limited Annual General Meeting
3D Oil Limited Annual General For personal use only Meeting 17 November 2014 At Baker & McKenzie William Street Melbourne
Slide 2: Important Disclaimer
Important Disclaimer For personal use only Important Notice This presentation contains certain statements which may constitute “forward-statements”. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achie
Slide 3: 1. 3D Oil Overview
For personal use only 1. 3D Oil Overview 3D Oil has monetised it’s interest in the West Seahorse Oil Field while retaining the oil exploration upside and adding a significant 3 new gas focus Page 3
Slide 4: 2014 Highlights
2014 Highlights TDO completes Hibiscus Transaction to secure the company’s For personal use only financial future The West Seahorse Field monetised in a difficult financial climate West Telesto jack up rig contracted to drill Sea Lion early in 2015 The Hibiscus Transaction also secures TDO’s
Slide 5: 3D Oil Snapshot
3D Oil Snapshot An oil and gas company focussed on eastern Australia with an exciting program on the For personal use only horizon Key Assets • 44.9%* of VIC/P57 offshore Victorian permit – Sea Lion Prospect to be drilled in 2nd quarter 2015 • 80% of T/49P offshore Tasmanian permit – Contains large
Slide 6: 2. Exploration T/49P
For personal use only 2. Exploration T/49P 6 Page 6
Slide 7: T/49P Overview
T/49P Overview 3D Oil is currently 80% equity holder in T/49P For personal use only with its partner Beach Energy A potentially significant Australian gas province Interpreted to contain all the geological elements required for sizeable accumulations of hydrocarbons – Adjacent Thylacine (1.5 TCF G
Slide 8: T/49P Prospectivity
T/49P Prospectivity Permit has all the ingredients for a rich and active petroleum system For personal use only All leads have access to significant charge from anomalously thick Tertiary wedge which is interpreted as the Thylacine source kitchen Both Flanagan and Whalebone are interpreted to
Slide 9: T/49P Operations
T/49P Operations Flanagan 3D survey acquisition has commenced and expected to be For personal use only completed by mid December The 974 sq km survey will target the large leads in the north of T/49P Final products of the survey will be available in mid 2015 following processing and interpreta
Slide 10: Flanagan Survey Targets
Flanagan Survey Targets The Flanagan survey will target a number of leads For personal use only including Whalebone and Flanagan These features are on trend with Thylacine and interpreted to be sourced from the same kitchen Flanagan Both Whalebone and Flanagan have the potential to be larger t
Slide 11: T/49 Indicative Economics
T/49 Indicative Economics For personal use only • East coast gas markets rapidly changing Exposure to international pricing through LNG exports The unwinding of major low cost, long term gas contracts The commencement of LNG exports, and the netback prices received by producers from internatio
Slide 12: 3. VIC/P57 Exploration
For personal use only 3. VIC/P57 Exploration 12 Page 12
Slide 13: Exploration targets
Exploration targets VIC/P57 is located on trend with a prolific ‘sweet spot’ in the Gippsland Basin, For personal use only - with an historical success rate in the region of better than 2 in 3. The permit covers approximately 449 km2 along the prospective Northern Margin 2 significant prospects
Slide 14: Sea Lion Prospect
Sea Lion Prospect Sea Lion has a best estimate prospective resources of 11 mmbbl. For personal use only Rig contracted to drill Sea Lion in 2nd qtr 2015 On trend with the oil discoveries in region • The first US$7.5 million of TDO’s contribution is carried as a result of the Hibiscus Transaction S
Slide 15: Felix Prospect
Felix Prospect Felix has the best oil address in Australia. For personal use only Large inversion feature along the Rosedale Fault System with potential for large oil reserves Located between two oil fields (Wirrah and Moonfish) and appears larger at the sub-volcanic level which contains oil in
Slide 16: 5. Conclusion
For personal use only 5. Conclusion 16 Page 16
Slide 17: A great year for 3D Oil
A great year for 3D Oil TDO successfully navigates through a difficult financial climate For personal use only • Hibiscus Transaction provides company with strong Secures Funding financial position without dilutionary capital raising Monetises West Seahorse • Great outcome in a difficult funding env
Slide 18: 2015 Activities
2015 Activities Next year even looks better with a two pronged oil and gas strategy For personal use only Sea Lion to be drilled in 2nd qtr 2015 Seismic acquisition, processing and interpretation complete Undertake farmout of gas prospects for future drilling campaign Results of 2014 gazettals
Slide 19: Contacts
Contacts For personal use only Noel Newell Managing Director 3D Oil Limited Level 5, 164 Flinders Lane Melbourne, Victoria 3000 Phone: +61 3 9650 9866 Fax: +61 3 9639 1960 Email: nnewell@3doil.com.au Page 19