Grand Gulf Energy Limited · ASX:GGE
Grand Gulf Energy — Investor Presentation (December 2010)
10 slides from Grand Gulf Energy's investor presentation, Dec 1, 2010
Slide 1: Investor Presentation 2010
For personal use only Investor Presentation 2010 This presentation has been prepared by Grand Gulf Energy Limited (“Grand Gulf” or the “Company”) and is being provided for the soul purpose of providing preliminary background financial, operational and other information to enable shareholders to revi
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Corporate Overview Key Data o Experienced petroleum Share Price 0.6c Major Shareholders management team ASX Code GGE Craig Burton 12.7% o Listed on Australian Stock Market Cap AUD$5.6m Jim Trimble 11.7% Exchange (ASX Code: GGE) Operated 40% interest in Ord. S
Slide 3: Board & Management
Board & Management For personal use only Mark Freeman Charles Morgan Stephen Keenihan Allan Boss Jim Trimble Executive Director Chairman Director Director Director Mr Freeman is a Mr Morgan is an Mr Keenihan is a Mr Boss is a Houston- Mr Trimble has more Chartered Accountant experienced resources ge
Slide 4: Portfolio of Assets
Portfolio of Assets For personal use only LOUISIANA Napoleon Salt Dome Project • Historically produced 188 billion cubic feet of gas and 20.2 million • 50 sq mile proprietary 3D seismic survey • primary targeted sands are Tex W, Big Hum, Operc, Cris R , Marg Vag, Camerina and Miogyp with sands comme
Slide 5: Why Napoleonville?
Why Napoleonville? For personal use only • Proven productive field with offset and undrilled leases • High historical rate of development and exploration success • Large inventory of Prospects & leads for long term drilling campaign • Balanced portfolio of shallow, low risk drilling in addition to d
Slide 6: Napoleonville Salt Dome History
Napoleonville Salt Dome History 20 MMBO and 180 BCF gas For personal use only North South The majority of sands (Cris The South of the Dome R) are found on the north remains relatively unexplored. flank and account for the majority of production. D&G found in the South East flank. Subsurface control
Slide 7: Dugas & Leblanc Test Case
Dugas & Leblanc TEST CASE For personal use only Background D&L #1 drilled as a discovery in July 2010. Identified over 184ft of pay in 4 separate intervals, (worth US$35m - $US50m) D&L blow-out shortly thereafter, subsequently controlled, D&L#2 drilled and tested in Nov 2010 in “N” Sand. Production
Slide 8: Upcoming Drilling Activity
Upcoming Drilling Activity For personal use only D&L#3 Mound 2 D&L#3 39.5% WI Est.Spud date is Mar 2010 PUD, targeting 4 productive sands Updip from recently tested D&L#2 Low risk, low cost, immediate cashflow Mound#2 39.5% WI Est.Spud date is First Half 2011 BIG HUM Primary Marg Vag 50 BCF &
Slide 9: Prospect Scorecard: Mound II
Prospect Scorecard: Mound II For personal use only Objectives Shallow: Cris R 25 BCF / 875 mbo Deep: Marg V 50 BCF / 1.75 Mmbo Risk Profile: Cris Sands: Medium Marg V: Medium-High Economic Analysis Reserve Potential Terms & Specs Net to GGE (unrisked) Crude Oil Natural Gas Oil Resources 4.53 MMBO 39
Slide 10: Strategy Overview
Strategy Overview For personal use only To maximise return on shareholder funds in oil and gas project exploration and development Cashflow Geological & Geophysical Low risk / high impact Low Cost Expertise focused drilling Low Risk Highly experienced G&G team, D&L #2 commence prod mid Dec Deeper we
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