Key Petroleum Limited · ASX:KEY
Key Petroleum — 2014 Good Oil Conference
18 slides from Key Petroleum's conference presentation, Sep 9, 2014
Slide 1: 2014 Good Oil Conference Presentation cover letter
Ground Floor 39 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 F: + 61 (08) 6389 0697 For personal use only 9 September 2014 The Manager The Australian Securities Exchange The Announcements Officer Level 4/20 Bridge Street SYDNEY NSW 2000 Dear Sir 2014 GOOD OIL CONFERENCE PRESENTATION We a
Slide 2: Company Overview and 2014-2015 Exploration Strategy
Ground Floor 39 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 For personal use only commrelations@keypetroleum.com.au Company Overview and 2014-2015 Exploration Strategy
Slide 3: Key Petroleum Limited
Key Petroleum Limited For personal use only Key Petroleum Ltd is focused on wildcat drilling and exploration in both the North Perth and Canning Basins in Western Australia. Both have proven petroleum systems with the potential for conventional and unconventional oil and gas opportunities. Strong ma
Slide 4: Share Price
Share Price For personal use only Share price movement to 29 August 2014 Source: Yahoo Finance 3
Slide 5: Company Overview: Management and Strategy, Finance
Company Overview MANAGEMENT AND STRATEGY For personal use only Corporately focussed board and hands-on management Cornerstone investment with ASF Group Limited to unlock value in financing exploration projects Capital focus on Australian oil and gas projects Intensive exploration campaigns planned i
Slide 6: Exploration Outlook
Exploration Outlook Holds equity in, and Operates, over 5 million acres in permit portfolio – For personal use only Perth and Canning Basins. Active Operator – exploration wells in 2013 and 2014 in addition to conducting geochemical surveys. Strategically positioned acreage close to infrastructure p
Slide 7: Strategic Focus 2014-2015
Strategic Focus 2014-2015 Pursue an intensive 2015 wildcat drilling program for both conventional oil and gas prospects For personal use only in WA’s remote Canning Basin. Undertake planned workovers of an existing production facility and discovery wells within Key’s permit portfolio including flexi
Slide 8: Portfolio – Current WA Interests
Portfolio – Current WA Interests Onshore Canning Basin For personal use only Onshore Perth Basin Canning Basin has the largest estimated shale-gas resource in Australia up to 235 trillion cubic feet and is the largest undrilled sedimentary basin in WA. Over the past 10 years, 11 new commercial oil a
Slide 9: Portfolio and Forward Looking Programs
Portfolio and Forward Looking Programs Permit Location Interest Acreage (acres) Operator For personal use only EP448 Canning Basin 78% 2,000,000 Key Petroleum Ltd* EP104 Canning Basin 54% 180,000 Key Petroleum Ltd* R1 Canning Basin 65% 60,000 Key Petroleum Ltd* L15 Canning basin 61% 40,000 Key Petro
Slide 10: EP448 - Exploration Campaign
EP448 - Exploration Campaign For personal use only Two shallow conventional drillable oil prospects have been identified for drilling: Four suitable prospects overall identified in the north of the permit (Darriwell Project) – Patterson, Griffith, Griffith South and Griffith North. An appropriate fa
Slide 11: EP448 – Darriwell Project Technical Evaluation
EP448 – Darriwell Project Technical Evaluation For personal use only Key identified an extension of the Willara Sub-basin to the south Areal size of the Griffith Prospect adjacent to the Chirit Fault Technical evaluation identified the southern part of the Canning in EP448 as being similar to that o
Slide 12: EP104 Trend - 2015 Exploration Campaign
EP104 Trend - 2015 Exploration Campaign The EP104 (EP104, R1 and L15) wet gas trend For personal use only workover program incorporates: Remediation of causeways to Stokes Bay-1 and Point Torment-1 in 2014. Workovers of Stokes Bay-1, Point Torment-1 and West Kora-1 in 2015. Drilling of additional St
Slide 13: EP437 - 2014-2015 Exploration Campaign
EP437 - 2014-2015 Exploration Campaign For personal use only Operations at Dunnart-2 undertaken: Live oil shows encountered throughout Bookara Sandstone. Live oil shows also in fractures in the basement – potential for new large oil play in the North Perth Basin and is being assessed as part of the
Slide 14: EP437 - Dunnart-2 Drilling Operations
EP437 - Dunnart-2 Drilling Operations Key as Operator successfully drilled Dunnart-2 encountering live oil throughout the Bookara For personal use only Sandstone within budget. Open hole DST testing failed twice due to plugging then a mechanical failure. FET Logging also encountered a hydraulic fail
Slide 15: EP437 - Dunnart-2
EP437 - Dunnart-2 DCA Rig 7 at night during drilling operations For personal use only 14
Slide 16: EP437 - Exploration and Prospectivity Review
EP437 - Exploration and Prospectivity Review For personal use only Exploration prospects identified from a Prospectivity Review include Wye Knot, Condor South and the up-dip Wattle Grove. Key is currently maturing the Condor South and Wye Knot prospects to drill ready status, including preliminary i
Slide 17: Strategic Outlook
Strategic Outlook For personal use only Emerging aggressive oil explorer unlocking value for shareholders through drilling prospects whilst running ‘lean and man’. Rationalisation of equity interests via recent commercial transactions, in line with strategic goals presented to shareholders. Key has
Slide 18: For further information please contact Mr Kane Marshall
For personal use only For further information please contact Mr Kane Marshall +61 8 6389 0322 or commrelations@keypetroleum.com.au