Bounty Oil & Gas Nl · ASX:BUY
Bounty Oil & Gas Nl — Excellence in Upstream Oil and Gas - Sydney 2013
19 slides from Bounty Oil & Gas Nl's conference presentation, Mar 6, 2013
Slide 1: Excellence in Upstream Oil and Gas - Sydney
Excellence in Upstream Oil and Gas - Sydney 5-6 March 2013 For personal use only ASX Code: by BUY Philip F Kelso - CEO Utopia 14 Drilling
Slide 2: Energy Stocks - What a difference a year makes!
Energy Stocks - What a difference a year makes! For personal use only 2011-2012 ASX Post GFC hangover Energy stocks decline !! BUY has successful oil drills ...zzzzzzzzzzzz 2013 Energy stocks picking up !! BUY continues successful oil drills …eh! yeh what ?? 2
Slide 3: Bounty Oil & Gas NL – Major Growth Projects with Production Base
Bounty Oil & Gas NL – Major Growth Projects with Production Base For personal use only • Oil revenue for half year $1.13 million (Half 2011: $1.29 million) with 2013 increases to start from successful SW Queensland drilling • Current assets at December 2012 exceed $6.8 million • Oil Business strateg
Slide 4: Utopia Development Drilling
Utopia Development Drilling Schlumberger rigging For personal use only up sawe • wireline drfgth Wellsite Geo Fluorescence Utopia 14 4
Slide 5: Issued Equity and Capital Summary
Issued Equity and Capital Summary For personal use only As at 4-Mar-13 52 Week Price Range $0.016 to $0.043 Shares Quoted 938,400,982 Unlisted Options @ $0.024 20,000,000 Fully Diluted 958,400,982 ASX Closing Price $0.019 Market Capitalisation $18.2 million Net Assets $32.3 million 5
Slide 6: BUY – Reserve and Resource Summary
BUY –Reserve and Resource Summary Bounty Oil & Gas For personal use only Petroleum Reserves/Resources MMbo Gas BCF MMboe Producing Fields (Technically Recoverable 2P) 1.12 1.12 Contingent Resources (Pmean) 0.17 2.25 0.58 Prospective Resources (Possible Extent of Known 4.79 4.79 Oil) Prospective Reso
Slide 7: Year on Year Comparison
Year on Year Comparison 35 2.50 For personal use only Financial Shares 30 2.00 25 1.50 20 2012 A$ Millions Cents 2012 2011 15 1.00 2011 10 0.50 5 - - Total Assets Net Assets Current Petroleum Cashflow Share price Earnings per Share Assets Sales 7
Slide 8: Strategy
Strategy Sector Operations Objective For personal use only Drill prospect inventory in Cooper and Surat Basins, pursue further Fiscal Oil prospects with 3D seismic and continue development and near field Business exploration drilling in SW Queensland Stability 1. Bring on stream 10% owned Kiliwani N
Slide 9: Oil Production SW Queensland
Oil Oil Production SW Queensland Business Cooper/Eromanga Basin Projects For personal use only Utopia Field Production FY 2012 - 2013 • Production kept steady by new discoveries 80.00 Irtalie East and Watson South coming on stream Naccowlah bopd Utopia bopd 70.00 strongly at Naccowlah Block 60.00 •
Slide 10: Utopia PL Regional Setting
Utopia PL 214 Regional Setting For personal use only Utopia PL 214 200 sq. km. 10
Slide 11: Utopia Current Development 2013
Oil Utopia Current Development 2013 Business Utopia 14 well has proven For personal use only a large extension to the Utopia Field with Hit gross oil column of potential for an additional 9.4 metres with net pay 1.8 MMbo recoverable of 5.8 metres in good porous sands. Cased awaiting completion as an
Slide 12: Surat Basin S E QLD Exploration and Production
Oil Surat Basin S E QLD Exploration and Production Business Downlands Gas Plant For personal use only Farawell 3D Targets Prospective Recoverable MMbo P10 P50 P90 Mean Mardi Boxvale 0.42 0.21 0.08 0.24 Eluanbrook 0.28 0.19 0.12 0.2 Showgrounds Total 0.7 0.4 0.2 0.44 Targeting Oil along the SW margin
Slide 13: Nyuni Block Tanzania - Nyuni Well Site
Gas Nyuni Block Tanzania - Nyuni 2 Well Site Business For personal use only 13
Slide 14: Kiliwani North Gas Commercialisation – BUY 10%
Kiliwani North Gas Commercialisation – BUY 10% Gas Conventional Traps Business For personal use only • Tanzanian Government approved construction of new pipeline and gas plant to Songo Songo Island financed by Chinese Loan • Government plans involve production from Kiliwani North at a rate of 20 mil
Slide 15: Nyuni Block Stratigraphic Gas Leads – BUY 5%
Gas Nyuni Block Stratigraphic Gas Leads – BUY 5% Business For personal use only Lead 3 Seismic Amplitude Anomaly and Flat Spot Stratigraphic Targets BCF Gas P90 P50 P10 Pmean Lead 3 Pande 220 792 2840 1303 Nyuni Seismic Stratigraphic Leads East Other Leads 1054 1375 1495 1317 Total 1274 2167 4335 26
Slide 16: AC/P High Impact Oil Exploration – BUY 100%
AC/P 32 High Impact Oil Exploration – BUY 100% Growth East Swan Acoustic Impedance Anomalies For personal use only Azalea Sand Probability – Sand body with Anomalous Amplitudes Targets: East Swan 16 – 40 MMbo Azalea 20 – 80 Mmbo Others 20 – 30 MMbo • Bounty is targeting large stratigraphic prospects
Slide 17: Surat Basin Unconventional Oil and Gas
Unconv- Surat Basin Unconventional Oil and Gas entional For personal use only Wallabella Coal ATP 470P, thick, high resistivity and gassy • Wallabella Coal deep CSG to be tested in ATP 470P • Bellbird Sand awaiting renewal of ATP 552P Bellbird Sand ATP 552P ATP 754P and PL 2, hydrocarbon shows and o
Slide 18: Unconventional Shale Oil Paterson Trough Carnarvon Basin WA
Unconv- Unconventional Shale Oil Paterson Trough Carnarvon Basin WA entional For personal use only • Drilling into the Paterson Trough returned oil cut from shales in the Dingo Claystone • Source rocks TOC in the range 1 - 2.5% • Dingo Claystone in the Trough is in the oil generation window • US com
Slide 19: Disclaimer and ASX LR 5.11 – 5.13
Disclaimer and ASX LR 5.11 – 5.13 For personal use only This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a ran
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