Slide 1: aed
ge) aed —l mh) o i = fe) a Gg [4 \ustral
Slide 2: Slide 2
Slide 3: FAR Share Price and Volume - July 2000 to present
FAR Share Price and Volume - 1 July 2000 to present . nent _——: ve 45,000,000 SP | 40,000,000 F von Tn “Aol 35,000,000 | 30,000,000 25,000,000 20,000,000 -- “Wipe = ee | 15,000,000 Porn ore oe si ~~} 10,000,000 : ee oo 5,000,000 F ad r s ‘ - 3/07/00) 3/0 102 3/10/02 3/070f 31g 01/05 3/10 Volume Shar
Slide 4: Se Oe a, es 0, Ce
2 7 Se Oe a, 7 es 7 0, 7 Ce
Slide 5: 1400000 12000007 1000000 800000 600000 400000 200000 : . o
1400000 12000007 1000000 800000 600000 400000 200000 : . o
Slide 6: Eagle Prospect, Louisiana / Texas Program
Hee ie UNITED STATES OF AMERICA : sm Cheyenne : ; San Francisco _ EAGLE PROSPECT a : oom Los Angeles ae . oa HARDEMAN es C oo OILFIELDS : Lives LOUISIANA / TEXAS J -PROGRAM
Slide 7: SS —— — fe — =
SS —— — fe — =
Slide 8: Prospects generated
out of prospects generated Ow leasing (Gross 5,000 acres Net 3605. reas tied up
Slide 9: Slide 9
Slide 10: aie Provincial Capital
aie Provincial Capital = Populated Anes Fross-Canada: Highany Major Roads is, Lathes Rivers NMorlwvnst Tenliories
Slide 11: ing BCF now drilli
—— — ing 20 BCF now drilli ~ 50 BCF to follow ~~ O pect rospect AS, 5) = & Ln aaa! 2 n jag Qo
Slide 12: —— oe Oe — — — oo — iple wells & = al BCF:
—— oe Oe — — — oo — iple wells & = al 20 BCF: —— ——
Slide 13: Se Oe a, es 0, Ce
2 7 Se Oe a, 7 es 7 0, 7 Ce
Slide 14: Offshore Senegal
a Id Potent Offshore Senegal t€ c= = a it O ian
Slide 15: —— | a — |.
—— | a — |.
Slide 16: Mauritania-Senegal-Guinea Bissau Basin
Mauritania-Senegal-Guinea Bissau Basin I Us ee “Dana Petroleum Blocks 7 &B Pelican gas Chinguetti, Tioff, zy ae : i Tevet, and Banda oi Me oe se det i om tga es [SEM ene iat Mine eG Rufisque Profond SHOC Sangomar-Aufisque i ae pe ie Gambia Bid Round Sterling Agip ‘ 2 Dome Flore / AGC -—Exxon ve > Ca
Slide 17: Pelican
ca Pelican , pe o Lo : 700 Bef i ) 2 ) ie Late Cretaceous a oe y a ; | LC I 400 rombe? ; Wiccene | Chingueti _ : : oe {SHE iosirrenes : we 4 L , Miccers ao 7 | a Tiotf m oe 130 novels on My ? iy ie tay wa oe ee ep He ae dw Bade dts tik tt de Z oe rumen soa ae || a. : es j 2 ioce se fie ey A He ee A
Slide 18: Play Type Distribution
_ Play Type Distribution Schematic Cross-Section Highlighting Play Type Distribution Sangomar - Rufisque Blocks, Offshore Senegal Rufieque Demme i oo Tutenliiee Miser: @ Cenemenian subGeconian unaanhonmlty oan ® Carbanate dates apron: y Aptinn « Mid Juraesie @ Aption rudivid carhounia hullup Sulbovn
Slide 19: ‘eae Ti AR.
‘eae Ti AR. nt ea: it wi UE IAS, ‘inp eit. cae Fg fie, “He Toes
Slide 20: Leads and prospects
ees id ae sure (EUR = Aptian build-up ina 4-way depth way closure (EUR = ) » Leads N2-NS5 = Aptian build-ups ~Lead N6= Aptian carbonate 4-way dip closure Propased 33 pend 7 Lead NL= Subtle 4-way dip closure at Aptian and Senonian levels 7» Lead SA1= Santonian submarine fan complex
Slide 21: Prospect
: 4 Prospect 1180 - 330. mmba EUR -Senonian Un Cenomania - Sandstones with porosities > 24% porosities > 24% have been encountered in wells in the area > Espoir trap analog EE
Slide 22: Closure at Aptian carbonate bank margin
closure at Aptian carbonate bank margin. > Probable rudistid build-up, with enhancement by karstification. >» Charged by outboard mature Albian-Cenomanian- Turonian source. > Golden Lane analog.
Slide 23: Potential
_ Potential > Significant upside potential requiring >» Banda, Okume, Oveng Banda, Okume, Oveng
Slide 24: Block 22/12
ock 22/1 k 22/12 (5%)
Slide 25: Offshore China Beibu Block 22/12 Existing Discoveries, Prospects and Leads
SOUTER OFFSHORE CHINA BEIBU. BLOCK 22/12 EXISTING DISCOVERIES, PROSPECTS AND LEADS Cayetano OA gad BU, : basal Hagia + ie FIRST AUSTRALIAN RESOURCES M.L. - er ag Pipe Pie Lae ne oe aah sepals militate Le 2. es i Concertos Pidata , oe CN MECH cms
Slide 26: 12-6 Annexe Platform and 12-8 West Platform
OME ane POWER CARL oe ue 12-6 ANNEXE PLATFORM 12-8 WEST PLATFORM ace ae First Production: 15,000 bopd Jan 2008 Recoverable Reserves: 8 - 10 million bblis
Slide 27: Slide 27
Slide 28: 6-12-1 drilled in 2002
6-12-1 DRILLED IN 2002 OIL DISCOVERY BUT NOT CONSIDERED COMMERCIAL ON STAND ALONE BASIS WEI Gt24 Reconnaissance AVO Display
Slide 29: Strong Analog to 6-12-1 Discovery
* Strong Analog to 6-12-1 Discovery, on Trend and Potentially Bigger * Could move 6-12 Complex to Commerciality WEL12-6-1 Discovery WEI-12-6 South Prospect hoe < i LAG L008 LOPE Lita LSE Se Bie CRHAD ery. TA TBO 1a Thee ihe F/B TG hala i ¥ ig ki a aN ee La Wee oe Ce es Gee a ee ae ee - a
Slide 30: SR ee
— Se SR ee 7%) (ep) —| joe in
Slide 31: WA-28-P
WA-28-P (1) ar 1 PLANAIRE 1 Sg MADELEINE 4 A VLyN tA yy LAUCHIE 1 HURRICANE + PROSPECT & LEADS aa LEGENDAE WEST 1 f, Duomonte Prospect — 9 LEGENDIF PLA . Legendre Structural closure w/ HELLCAT 1 + | & possible buttress component SAMSON 7" Dy re-evaluated wi reprocessed seismic 2) Mature, peer review
Slide 32: 15.0 * cd
15.0 * cd
Slide 33: Slide 33