Carnarvon Energy Limited · ASX:CVN
Carnarvon Energy — Carnarvon Petroleum — Shareholder Meeting (November 2014)
24 slides from Carnarvon Energy's shareholder meeting presentation, Nov 14, 2014
Slide 1: AGM Presentation Overview
AGM Presentation Overview 14 November 2014 For personal use only Thailand Drilling Update – WBEXT-2BST2 Xx November Carnarvon 2013 Petroleum Limited (“Carnarvon”) (ASX: CVN) conducted its Annual General Meeting today in Perth. For the benefit of those shareholders and market observers who were unabl
Slide 2: For personal use only
Yours faithfully For personal use only Adrian Cook Managing Director Carnarvon Petroleum This news release contains forward-looking information. Forward-looking information is generally identifiable by the terminology used, such as "expect", "believe", "estimate", "should", "anticipate" and "potenti
Slide 3: Annual General Meeting 14 November 2014
For personal use only ASX: CVN Annual General Meeting 14 November 2014
Slide 4: Disclaimer
Disclaimer For personal use only The information in this document, that relates to oil exploration results and reserves, is based on information compiled by the Company’s Chief Operating Officer, Mr Philip Huizenga, who is a full-time employee of the Company. Mr Huizenga consents to the inclusion of
Slide 5: Presentation Contents
Presentation Contents For personal use only
Slide 6: Overview
For personal use only Overview Section 1
Slide 7: Creating Something Remarkable
Creating Something Remarkable For personal use only
Slide 8: Experienced People Aligned With Shareholders
Experienced People Aligned With Shareholders For personal use only
Slide 9: Investment proposition
Investment proposition For personal use only 1 1 1. Includes an undiscounted receivable of up to US$32m converted to AUD at A$0.90/US$.
Slide 10: Growth Assets
Growth Assets For personal use only Phoenix blocks CVN:20-30% Cerberus blocks CVN: 100% 185 kilometres Gas field Oil field
Slide 11: Oil Discovery in First Well
Oil Discovery in First Well For personal use only
Slide 12: Phoenix
For personal use only Phoenix Section 2
Slide 13: Triassic Paleo Geography
Triassic Paleo Geography For personal use only Phoenix (WA-435, WA-436, WA-437 & WA-438) Cerberus (EP-490, EP-491 & TP/27) A’ A FrogTech 2014
Slide 14: Further Exploration & Appraisal
Further Exploration & Appraisal For personal use only A Roc-1 proposed (2015) Phoenix Sth-1 oil discovery (2014) Phoenix-1 discovery (1980) A’ E Keraudren-1 Phoenix-2 N (1974) (1982) good reservoir, no closure no closure Bandy Lead A’ oil source A 10 kilometres data courtesy Fugro Multi Client Pty L
Slide 15: New Oil Province
New Oil Province For personal use only WA-435-P WA-436-P CVN: 20% CVN: 30% Zeester MC3D Phoenix South-1 oil discovery Roc well Phoenix (proposed MC3D 2015) WA-437-P WA-438-P CVN: 20% CVN: 30% 185 kilometres
Slide 16: Apache & JX Nippon Exercise Phoenix Options
Apache & JX Nippon Exercise Phoenix Options For personal use only Phoenix blocks Apache & JX Nippon commit to drill Roc well + Apache 40% & operator across all 4 blocks CVN 20% CVN 30% CVN 20% CVN 30% 185 kilometres
Slide 17: Phoenix: 2015 Activities
Phoenix: 2015 Activities For personal use only FIRM ACTIVITIES (indicative cost $6m to CVN) • Drill Roc prospect to test next structure up from Phoenix South • Technical work covering Phoenix South discovery and regional prospect identification • Zeester 3D seismic data licence for prospect identifi
Slide 18: Other 2014 activities
For personal use only Other 2014 activities Section 3
Slide 19: Cerberus: New North West Shelf Acreage
Cerberus: New North West Shelf Acreage For personal use only Phoenix blocks CVN:20-30% Cerberus blocks CVN: 100% 185 kilometres
Slide 20: Cerberus: Multiple Oil Play Types
Cerberus: Multiple Oil Play Types For personal use only A A’ A Lower Cretaceous Interpreted Structural & stratigraphic traps A’ Horizons Upper Jurassic turbidite fan traps Upper Permian Structural closures Lower Triassic Turbidite/fan traps
Slide 21: Oil production in Thailand
Oil production in Thailand For personal use only 2014 Highlights • Production growth L33/43 • Reserves steady • March Divestment of half interest L44/43
Slide 22: 2014 Annual General Meeting Highlights
For personal use only 2014 Annual General Meeting Highlights
Slide 23: Highlights
Highlights For personal use only PHOENIX – we own the play • New Triassic oil play discovered! • Room to run in four permits covering ~22,000km2 • Oil potential now covers most of permit area • Further prospects identified on 3D – more expected on new data • 2015 Roc well to test structure up dip fr
Slide 24: Think different, Act different
For personal use only Think different Act different
Carnarvon Petroleum — Shareholder Meeting (November 2014) on 6ix