TAG Oil Ltd · TSXV:TAO
TAG Oil — Investor Presentation (October 2022)
14 slides from TAG Oil's investor presentation, October 2022
Slide 1: Egyptian Operator Primed for Growth
Egyptian Operator Primed for Growth TSXV : TAO | OTCQX : TAOIF October 2022 ©2022 TAG OIL Ltd., www.tagoil.com
Slide 2: Forward-Looking Statements and Disclaimer
FORWARD-LOOKING STATEMENTS AND DISCLAIMER Prospective investors should rely only on the information contained in the amended and restated preliminary short form prospectus (the “Amended and Restated Preliminary Prospectus”). This presentation is qualified in its entirety by reference to, and must be
Slide 3: Highlights
HIGHLIGHTS ! Canadian Energy Company Listed on TSX-V: TAO.V ! Officers: – Abby Badwi – Executive Chairman – Toby Pierce – CEO and Director – Suneel Gupta – COO – Gamal Rezk – General Manager Egypt ! Directors: – Thomas Hickey – Head of Corporate Legal for Roquette Frères – Keith Hill – CEO of Africa
Slide 4: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM Abby Badwi Gavin Wilson Executive Chairman, BSc Director, BA Proven oil & gas executive with over 45 years of Investment Manager for Meridian Group of experience of delivering outstanding returns for Companies, a private investment Company. Over shareholders 25 years of o
Slide 5: Track Record
TRACK RECORD ! Management has a successful track record of delivering value to shareholders: – TAG Oil (New Zealand and Australia), Toby Pierce as CEO (2015 to present) completed the sale of New Zealand and Australian assets and return of capital to shareholders of $25.6 million in 2020 – Kuwait Ene
Slide 6: Foundation for Growth
FOUNDATION FOR GROWTH ! Working Capital(1) ! Egypt – C$13.1 million in cash with no debt – Award of agreement to develop Abu Roash “F” (ARF) formation in the Badr Oil Field (BED- – C$15.4 million in working capital 1), a 107 km2 (26,000 acres) concession – ~C$0.142 / share in cash located in the Wes
Slide 7: Capitalization Table and Use of Proceeds
CAPITALIZATION TABLE USE OF PROCEEDS ($C Millions, except per share figures) TSXV:TAO Amount (C$) Share Price(1) $0.455 Operational and Drilling Budget for Fourth Basic Shares Outstanding(1) 91.8 Quarter 2022 and 2023 (comprised of well re- $18,500,000 activations and exploration wells)(1) In-The-Mo
Slide 8: Strategy and Vision
STRATEGY AND VISION ! Driven by strong supply / demand fundamentals, oil prices have increased sharply post pandemic ! Focus on sourcing E&P acquisitions of international opportunities in the Middle East / North Africa (MENA) Region ! Acquisition to be funded primarily out of existing cash, reserves
Slide 9: Egypt
EGYPT ! Egypt is a democratic republic, its geography, population and history, have made it a highly influential country in the region ! Is the largest Arab country and has played a central role in Middle Eastern politics in modern times ! It has the largest and most diversified economies in the Mid
Slide 10: Egypt Oil & Gas Fields - Badr Oil Field (BED-1)
EGYPT OIL & GAS FIELDS - BADR OIL FIELD (BED-1) ©2022 TAG OIL Ltd., www.tagoil.com 10
Slide 11: BED-1 Petroleum Services Agreement
BED-1 PETROLEUM SERVICES AGREEMENT ! Concession term until 2032 with a 10-year extension BED 1-7 Thick 40 meters ! Badr Petroleum Company to pay the Company a service fee as a ARF Formation percentage of gross Production Revenue Entitlement to compensate the Company for assuming 100% of the capital
Slide 12: Egypt and Gulf Area Acquisition Opportunities
EGYPT AND GULF AREA ACQUISITION OPPORTUNITIES D E SLI INE R EF ! TAG has been and continues to evaluate new acquisitions and joint venture opportunities in Egypt and the Arabian Gulf area, specifically Bahrain and Oman in order to expand and find the right fit for the Company’s portfolio ©2022 TAG O
Slide 13: Why TAG Oil?
WHY TAG OIL? ! Experienced exploration, development and operations team ! Strategic holdings in stable, secure country with very good fiscal terms ! Targeting long life production with potential resources upside ! 100% working interest and operatorship ! Pursuing other opportunities in Egypt and the
Slide 14: Chris Beltgens
TSXV : TAO | OTCQX : TAOIF Chris Beltgens VP, Corporate Development chris.beltgens@tagoil.com 1-604-282-6372 Suite 1710, 1050 West Pender Street Vancouver, BC V6E 3S7, Canada www.tagoil.com ©2022 TAG OIL Ltd., www.tagoil.com 14