Key Petroleum Limited · ASX:KEY
Key Petroleum — Excellence in Oil & Gas Conference 2010
13 slides from Key Petroleum's conference presentation, Apr 20, 2010
Slide 1: Excellence in Oil & Gas Conference
EXCELLENCE IN OIL & GAS CONFERENCE For personal use only Sydney, 19th & 20th April 2010 PRESENTATION DISCLAIMER The information in this presentation is an overview and does not contain all information necessary for investment decisions . In making investment decisions, investors should rely on their
Slide 2: Exploring for growth
For personal use only Slide 2 Exploring for growth
Slide 3: Company Overview
SHARES ON ISSUE 129 Million PRICE 12 cents OPTIONS UNLISTED 5,000,000 @ 50c, 750,000 @ 20c - expiring on 30/11/2010 For personal use only MARKET CAP (16/04/2010) Approx $15.5 Million DEBT Nil CASH ON HAND $3.5 Million– plus production income ASSETS Onshore Southern England • Brockham & Lidsey fields
Slide 4: 2010 Company Targets
Increase Improve Reserves Production For personal use only (M &A) Efficiency Oil and Gas Assets UK, Italy, Tanzania & Suriname Improve Increased Cash Flow Focus on Europe Slide 4 2010 COMPANY TARGETS
Slide 5: Southern England Weald Basin Assets
FOCUS was : 3 MONTHS “FAMILIRISATION” then Then Tanzania For personal use only 3 MONTHS CHANGES FOCUS ON LIDSEY # 2 Brockham Lidsey BP’s Wytch Farm – UK’s largest onshore oilfield Produced 440 Million bbls, Peaked in excess of 100k bbl/day. Still doing approx 21k bbls /day SOUTHERN ENGLAND WEA
Slide 6: Production Operations
Control 1st October 2009 UK - Coldest winter 30 + years For personal use only Valuable information – Operational process Addressing many issues, changes to equipment layout, design, procedures etc Cleaned out all wells, using hot oiler, acquired specialised chemical injection equipment P
Slide 7: Reservoir Information
BROCKHAM - Then Tanzania PORTLAND SANDSTONE RESERVOIR For personal use only STOIP range 2.3 – 6.2 MM bbl based on oil/water contact range of -587m to -610m Unrisked deep pool STOIP range 1.2 – 10.9 MM bbl Similar Greater Oolite potential LIDSEY - GREATER OOLITE RESERVOIR STOIP range 7.0 – 12.0 MM bb
Slide 8: Lidsey #2 Drilling
Then Tanzania PLANNING AND PREPARATION - MOVING AHEAD. DRILLING & For personal use only DRILLING APPROVALS - COMPLETION WORKING TOGETHER WITH ENVIRONMENTAL AGENCY AND OTHERS PROGRESS SERVICES AND EQUIPMENT - TENDERS ISSUED, SOME and AWARDED, OTHERS TO FOLLOW. PLANS DRILLING PROGRAMME AND BAS
Slide 9: Italy - Offshore
LAMPEDUSA 1412.3 MM bbls oil.(Mean unrisked) 2 Blocks, 137,545 ha (1375 sq km) For personal use only 4 Main prospects Known oil and gas producing areas Water Depth ≈ 100 m Key’s Italian subsidiary, Puma Petroleum Srl (100 %) Slide 9 ITALY - OFFSHORE
Slide 10: Suriname
For personal use only CORONIE UITKIJK Up to 15 wells to be drilled 7 MM bbls oil Drilling Reserves commencing 10 wells drilled “soon !” Known oil Awaiting rig producing areas Blocks adjacent Tambaredjo and Calcutta Oilfields (1 billion bbls STOIIP) Slide 10 SURINAME
Slide 11: Tanzania: Nyuni & West Songo Songo
For personal use only AREA OF HIGH INTEREST “WINDJAMMER” TANZANIA NYUNI & WEST SONGO SONGO Slide 11
Slide 12: Closing Summary
Closing Summary: A better understanding of Key Petroleum. For personal use only Growth to this point Key as a company today Where we are taking the company and Below we show a seedling and you can see its growth. Keep that in mind as you think about Key Petroleum, with its team of people a
Slide 13: For personal use only
For personal use only www.keypetroleum.com
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