Pancontinental Energy Nl · ASX:PCL

Pancontinental Energy Nl — Good Oil Conference, September 2018

14 slides from Pancontinental Energy Nl's conference presentation, Sep 12, 2018

  1. Slide 1: Giant Scale Oil Exploration Potential: Spotlight on Namibia

    Giant Scale Oil Exploration Potential Spotlight on Namibia John Begg CEO Good Oil Conference, September 2018 1

  2. Slide 2: Disclaimer

    Disclaimer These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for any purpose. Failure t

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot  Key Statistics  Current major activities  Issued Capital 5.26 billion  Drilling the Cormorant-1 in PEL 37 Namibia,  Options 567 million PCL free carried with 20%.  Share Price $0.009  Preparing to farmout giant oil potential of PEL  Market cap $47.3 million 87 Namibia, PC

  4. Slide 4: Back on the global stage

    Back on the global stage  Namibia at the forefront  Focus on modest entry cost, conventional reservoirs with exposure to large resources  Re emergence of African asset portfolio 4

  5. Slide 5: Rejuvenated Mid 2017 and Running Hard

    Rejuvenated Mid 2017 and Running Hard  What we promised:  Good quality, high impact, multiple, funded drill programs  To use our proven skills to leverage and create JVs with industry partners that mainly fund the activity. A$31 Million derived from industry sources vs  Our delivery: A$6 million

  6. Slide 6: What the Majors want

    What the Majors want Namibia and West Africa - the big picture  Stable fiscal and regulatory regimes. Guyana New  Traps capable of hosting +3.2 Billion BOE giant-scale oil.  Potential for high quality, high flow rate reservoirs. 6

  7. Slide 7: Namibia - Pancontinental Strategically Placed

    Namibia - Pancontinental Strategically Placed  Huge potential oil resource numbers in both PCL projects.  Major Company entries growing.  Tullow  GALP  SHELL + Billion Barrel  Total recoverable oil potential in PEL 87, independently assessed 10 Sept 2018.  ONGC Videsh and ;  ExxonMobil  Cor

  8. Slide 8: The Big Plays the Industry is Chasing

    The Big Plays the Industry is Chasing Perth is The Namibian Oil Play – Large Submarine Fans here! Rotto The concept 8

  9. Slide 9: Cormorant-1 is Testing one of a Big Cluster

    Cormorant-1 is Testing one of a Big Cluster  Wood Mackenzie rank Cormorant -1 as one of the most watched wells in the world this year.  PEL 37 hosts multiple, large, fan bodies in front of a Cretaceous Age paleo shelf.  PEL 37 is the prime block in the Walvis Basin.  There are other large Leads

  10. Slide 10: In PEL 87 the Same but Different!

    In PEL 87 the Same but Different!  Great quality, Early Cretaceous, mature oil source rocks.  Traps capable of hosting giant- scale* recoverable oil  Potential for high quality, high flow rate reservoirs. 10 km 10 Courtesy Spectrum Geo

  11. Slide 11: What is the Saturn Superfan in PEL 87?

    What is the Saturn Superfan in PEL 87?  It is a vast, 2,400km ² Turbidite Fan complex of Aptian Age that based on Pancontinental’s interpretation of over 2,800 line km grid of good quality 2D seismic is encased in sealing shales.  It was deposited originally in deep water into a regional low on th

  12. Slide 12: Saturn Superfan + Billion Barrel Potential

    Saturn Superfan + Billion Barrel Potential  Gross Cumulative Best Estimate Prospective Resources of 959 MMbbls and (Main Leads) and 1.3 billion Barrels (Whole Fan). * A giant field is categorised as having 500 MMBBL recoverable. ** The overall Saturn Superfan incorporates all of the other Leads, bu

  13. Slide 13: Pancontinental in Summary

    Pancontinental in Summary  Cashed up.  Positioned in conventional oil plays with giant-scale recoverable potential.  Participating at no cost with 20% in one of the most watched oil industry wells of 2018.  Holding 75% in a block with a huge oil play that is expected to attract the interest of M

  14. Slide 14: Pancontinental Oil & Gas NL

    PANCONTINENTAL OIL & GAS NL Head Office - Level 1,10 Ord Street, Perth, Western Australia 6005 Postal Address - PO Box 1154, Perth Business Centre, Western Australia 6872 Telephone +61 8 6363 7090 Facsimile +61 8 6363 7099 ACN 003 029 543 www.pancon.com.au info@pancon.com.au 14

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