3d Energi Limited · ASX:TDO
3d Energi — 3D Oil — Shareholder Meeting (November 2017)
25 slides from 3d Energi's shareholder meeting presentation, Nov 2, 2017
Slide 1: 3D Oil Limited Annual General Meeting
3D Oil Limited Annual General For personal use only Meeting 2 November 2017 Baker & McKenzie William Street Melbourne Noel Newell Executive Chairman
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 Uniquely positioned in the east coast gas crisis 3 Page 3
Slide 4: Corporate overview
Corporate overview Uniquely positioned with potential multi-TCF resources to supply into the east coast gas crisis For personal use only Corporate overview Share price performance (since Oct-2016) Share price (Acps) • Flagship asset is the 100%-owned T/49P offshore exploration permit located in the
Slide 5: Portfolio overview
Portfolio overview 3D Oil has opportunistically built a portfolio of significant positions in some of Australia’s For personal use only most prospective offshore exploration basins Asset locations East coast gas exposure WA-527-P (100% owned) Significant shortage of gas Exploration – Roebuck Basin
Slide 6: East Coast Gas Market – the place to be
East Coast Gas Market – the place to be The supply crunch on the east coast of Australia has resulted in a sharp increase in For personal use only wholesale gas prices across 2017 Shortfall of supply... ...and high political focus... • Post 2017 there is a forecast growing imbalance of gas supply/de
Slide 7: East Coast Gas Market – competitive positioning
East Coast Gas Market – competitive positioning Compared to the upstream gas fields in Queensland and New South Wales, the domestic gas For personal use only projects in Victoria and Tasmania carry a significant cost advantage to deliver to Melbourne Competitive dynamics • The largest gas supplier t
Slide 8: 2. Exploration T/49P
For personal use only 2. Exploration T/49P 8 Page 8
Slide 9: T/49P – potential world class gas province
T/49P – potential world class gas province Vast frontier acreage with recently announced 10 TCF Prospective Resource (Best Estimate) For personal use only in shallow water in the Otway Basin Asset overview • 100% owned by 3D Oil • Located adjacent to major production wells including: o Thylacine (1.
Slide 10: T/49P – indicative economics
T/49P – indicative economics The prospectivity and attractive economics of T/49P has resulted in a number of large For personal use only international E&P companies engaging with 3D Oil to acquire a portion of the permit Indicative economics are strong • Robust project for field sizes greater than 4
Slide 11: T/49P – world class Flanagan Prospect
T/49P – world class Flanagan Prospect The Flanagan Prospect – potentially transformational For personal use only Flanagan Prospect overview 3D seismic through Flanagan • Flanagan is now a ready to drill prospect • 3D seismic strongly indicative of good seal over the Sea Floor prospect • Amplitude an
Slide 12: T/49P – prospectivity across the permit
T/49P – prospectivity across the permit With numerous large leads and the necessary geological elements present the region has For personal use only the potential to be a significant new hydrocarbon province Flanagan prospect overview • T/49P is interpreted to lie within a rich and active petroleum
Slide 13: T/49P – Prospective Resource Estimates
T/49P – Prospective Resource Estimates In addition to the Flanagan Prospect at least 5 leads have been identified from a broad grid of For personal use only 2D seismic data T/49P prospectivity • There is significant potential to uncover further leads in the central and southern portions of the permi
Slide 14: T/49P – Seal Rocks Lead
T/49P – Seal Rocks Lead Seal Rocks has potentially all the elements necessary to make it a world class prospect For personal use only Seal Rocks overview • The Seal Rocks lead, in the south of T/49P, is a series of fault blocks covering an area of c.400km 2 • The lead is optimally located for hydroc
Slide 15: T/49P – Harbinger Lead
T/49P – Harbinger Lead The AVO analysis highlights the Harbinger lead as one of the most promising leads in the For personal use only T/49P permit • The Harbinger Lead offers further promising potential for the permit • Amplitude Analysis clearly indicates the presence of a Type III AVO within the P
Slide 16: 3. Exploration WA-527-P
For personal use only 3. Exploration WA-527-P The emergence of a new rich petroleum system is extremely rare in this day and age and 3D Oil is well exposed 16 Page 16
Slide 17: WA-527-P – prospectivity of the Roebuck Basin
WA-527-P – prospectivity of the Roebuck Basin The WA-527-P permit is located east of some of Australia’s most exciting recent oil and gas For personal use only discoveries including Phoenix South-1, Roc-1 and Roc-2 (11,500bopd flow testing) Permit overview • 3D Oil opportunistically applied for and
Slide 18: 4. Exploration VIC/P57
For personal use only 4. Exploration VIC/P57 The Gippsland Basin is experiencing an exploration renaissance with the East Coast Gas Crisis 18 Page 18
Slide 19: VIC/P57 – tenement overview
VIC/P57 – tenement overview VIC/P57 has 8 prospects and leads defined by state of the art reprocessed 3D seismic and For personal use only identified along the northern edge of the Rosedale Fault System Permit overview • Joint venture with Hibiscus Petroleum (75.1% / 24.9% TDO) • 8 prospects and lea
Slide 20: VIC/P57 – Felix Prospect
VIC/P57 – Felix Prospect An exciting large feature which has been overlooked in the basin largely due to the poor For personal use only quality seismic Prospect overview Location • Located between two oil fields (Wirrah and Moonfish) with closure at the sub-volcanic level which contains oil in both
Slide 21: VIC/P57 – Pointer Prospect
VIC/P57 – Pointer Prospect Point has a best estimate prospective resource of c. 250BCF recoverable gas, which in its For personal use only location markets it a very attractive target Pointer prospect overview • Newly identified gas prospect within the excellent reservoirs of the Upper Latrobe Group
Slide 22: 5. Conclusions
For personal use only 5. Conclusions 22 Page 22
Slide 23: Upcoming activities
Upcoming activities 3D Oil is primarily focused on progressing its potential world class T/49P gas prospects and For personal use only capitalising on the favourable east coast domestic gas dynamics T/49P Discussions advancing with a number of parties Farm-out Farm-out of T/49P a priority for 3D
Slide 24: 3D Oil is beginning to pick up speed
3D Oil is beginning to pick up speed 3D Oil has navigated through the difficult oil and gas exploration period and is primed to For personal use only capitalise on its portfolio of potential world class exploration projects Perfectly poised to take advantage of gas crisis Large prospective resourc
Slide 25: Contacts
Contacts For personal use only Noel Newell Executive Chairman 3D Oil Limited Level 18, 41 Exhibition Street Melbourne, Victoria 3000 Phone: +61 3 9650 9866 Email: nnewell@3doil.com.au Page 25