Karoon Energy Ltd · ASX:KAR
Karoon Energy — Karoon Gas Australia — Shareholder Meeting (October 2005)
14 slides from Karoon Energy's shareholder meeting presentation, Oct 21, 2005
Slide 1: Volcanics - aeromagnetics and seismic mapping
WA-314-P & WA-315-P Volcanics -aeromagnetics and seismic mapping Triassic faults i Aeromagnetic data with Euler boundaries
Slide 2: The Right Place
WA-314-P & WA-315-P The Right Place Prospect Lead O Cases Mast Hicely (P50) High ease {PT L d D Water depth ir): 480 400 ea Top depthimgs) ALO a4ag Spill provint (emss) 4660 4660 Trap beight fm} van Pz.) ' ili Arca (Am 29.) 126 132.6 ) (ites im) CURE FA REIE 69 Porosity fave} O42 0.46 Netto Grogs 0.
Slide 3: The Right Place
WA-314-P & WA-315-P The Right Place SCOTT REEF FIELD KAROON’S LEAD D Nth Scott Reef-1 : DP Lead D is the closest analog to the Scot Reef field
Slide 4: Proposed Seismic Survey - WA-314-P & WA-315-P - 2D & 3D
Proposed Seismic Survey -WA-314-P &WA-315-P — 2D & 3D "hy “~ 31 iy, Sa, *Updip Buffon and Final locations and extent of the 2D and 3D seismic surveys are yet to be finalised. The seismic program is designed to provide a range of options for the planned 2 well drilling program in 2006. High graded Le
Slide 5: The Growing Gap
WA-314-P & WA-315-P THE GROWING GAP (2m Post Discawary iP iture Dienowory ee Prrcecttnc lice je Past dincennery basal en) Exwonuivesbil (2000). ce Feraighote beckdaled Hi in, | o® I [Pitre caomnnis aod 1070 1980 1 arate BOG0 The Right Time Supply and Demand Reducing discovery sizes and increasing wo
Slide 6: Economics
WA-314-P & WA-315-P Economics LNG economics and market summary For minimum case economics we are assuming a reserve of 4TCF and annual production of 4 million tonnes LNG and 3.8 million bbls of condensate. Total minimum case project value here is between A$6.8 and A$8.5 billion. - Economic statistic
Slide 7: Analog economic cases
WA-314-P & WA-315-P Analog economic cases Philips et. al. Undan Bayu Gas-Condensate field -Darwin LNG Plant. Estimated reserve is 3.4 TCF. Report an export deal to Japan of 3 mill. tonnes. (150 BCF) per year for 17 years (2.55TCF total) @ $250 USD per tonne. This equates to.an annual sales value of
Slide 8: Slide 8
Slide 9: Gippsland Basin EL 4537 & PEP162
Gippsland Basin EL 4537 & PEP162 a re ee MD A Kh | cutee a monn 0), eee io . ipod Baga
Slide 10: Current Activity
F OOS. GAGE __._ FUSE __ T_T. ___ ft is Current Activity —. 0.00 A new 250km seismic program is being acquired, now 25% complete. is Objectives are to; Mal ) Leads fi nthe Crayfish 7) a we CL a a ISP i G F p. equiva _ Oe P i) Le | and sl a) is t . nate angled ese eal
Slide 11: Gippsland Basin EL 4537 & PEP162 field operations
Gippsland OA Be 4537 & PEP162 field operations | ang Ne
Slide 12: Gippsland Basin EL 4537 & PEP162 - Yarragon Brown Coal Resource
Gippsland Basin EL 4537 & PEP162 Yarragon Brown Coal Resource Leyend : r 1 Roary, Table 3 Coalin Sita Resources Category Coal In Situ Resources Estimate Measured SG milion tonnes lagicated 270 milion tonnes inferred 80 rohan tonnes Vertat 340 million tonnes The coal in situ resqume ingles lihoingiea
Slide 13: Karoon Resource Potential
Karoon Resource Potential Gaa {Tel} | GiiCoreal. Coal Area Cases {mimable} {Million Comments Tonnes) Browse Basin WA-314-P &WA-315-P Low 5 i] Caries exploration risk | Gas and condensate iid 6G 1000 Risk.is moderate to how (Tet! moambis) High 1a 2800 on tand with proven fields Gippsland basin PEP162
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Karoon Gas Australia — Shareholder Meeting (October 2005) on 6ix