Amplitude Energy Limited · ASX:AEL

Amplitude Energy — Cooper Energy — Shareholder Meeting (November 2006)

17 slides from Amplitude Energy's shareholder meeting presentation, Nov 28, 2006

1. Slide 1: Annual General Meeting 2006

   : Annual General M eeting 2006 | :

2. Slide 2: General Overview

   _ General Overview 4 out of 2 os of f outstanding performance (a3 March 2002 isting) - 105-2006 beet ever year so far for oil sales (as32. 6 million), cash ee million) one EBITDAX oe 4 ey _ _. Recaryes oleae and production volumes remain future key ciotg and fecs : _ . soy active portfolio managemen

3. Slide 3: Full Year Audited Result

   _ Full Year Audited Result _ _ Production c oil Sales. : Working Capital . EBITDAX Full year profit before tax ar rofit after tax 354,086 barrels of oil. ASS26millon 20% -A$22.4 million — AS13A million " (pleratio=7) 0° —_A$14.1 million.

4. Slide 4: Key Historical Performance

   Key Historical Performance Cooper Energy Well Participation Cooper Energy P50 Discovered Reserves [Callawonga ] Addition ES Reserves (Million Barrels} e R 2002-2603 2603-2004 2604-2005 2005-2006 Financial Year 36 June 2063 30 June 2004 30 June 2005 30 June 2006 2 3 @ Exploration Operated Ill Explora

5. Slide 5: Focus Areas and Portfolio

   Focus Areas and Portfolio South East Asia | Tunisia @ Acreage Areas ¢ Copel berg)

6. Slide 6: Short-Term Activity Schedule (2006-2007)

   _ Short-Term Activity Schedule (2006-2007) | ald A : 2 _ . o Exploration Development Production Australia. —“‘é$ AMusstralia’=—“$-_—CsC#ANStralia_— *PELQ2 277 km23D ——@ PEL92 Calawonga ——s* PEL92 Christies __ PEO Rainbid | PELOZ Selick © # PELO3 Plas : -. © PELQ2 Silver Sands © PELO3 Colonus | rr—C—

7. Slide 7: Australia - PEL92 3D Seismic Survey (COE 25%)

   Australia - PEL92 3D Seismic Survey (COE 25%) PELO2 (25%) Proposed 3D seismic survey Many targets , ‘ound existing Co : discoveries ¢ Callawonga and Silver Sands have proven Christies near-field potential ¢ 2D seismic has identified a large number of leads * 277 km? 3D seismic survey to firm up lead

8. Slide 8: Australia - Cooper Basin Exploration (COE 15%-38.33%)

   Australia - Cooper Basin Exploration (COE 15%-38.33%) Cooper Basin - South Australia COOPER ENERGY PERMIT INTERESTS QUE Piastre Prospect Colonus-1 PELOO 25% working interest, Apr-O/ spud 3.2 millon barrels oil recoverable target Chance of success 24% Uribes-1 PEL1OO 38.33% working interest, 3007 spu

9. Slide 9: Indonesia - South Madura Exploration (45%)

   Indonesia - South Madura Exploration (45%) Bukit Jenggolo = Tua South Madura PSC Worte! egy > Qyong @ 20 MAD LRA SVHAI Kilometers C Copel berg)

10. Slide 10: Indonesia - South Madura Exploration

    Indonesia - South Madura Exploration oe - Prospect Map Success Impact 3,000 metres deep onshore i : : Ngrayong: 256 Bscf of gas (P50) Possibly >US$2000 million NPV _ -US$900 million COE share (45%) _ - A$8.50 per share, if a discovery _ pendent follow-up targets c . an a ee b lock) Progress _ ° Casi

11. Slide 11: Tunisia - Bargou Exploration (100%)

    Tunisia - Bargou Exploration (100%) i Current activity: * Collecting well, geology and seismic cata. Forward plan: eee i] © Reprocess data (2007) * Interpret to high-grace prospects (2007) * Shoot 2D or 3D seismic to firm a Nespious up drilling targets (2007-2008) Discovery Considering farm-in appro

12. Slide 12: Cambodia - Block B Exploration (10%)

    Cambodia - Block B Exploration (10% Current activity: ULE * Evaluating block geology and OF : interpreting 2D seismic. PREALL ol NEF evn Forward plan: a © Shoot 650 km? 3D seismic to ambadia - . . wipe “Thallarid ; identify drilling targets (2007) Joint Development © Potentially drilling well(s) (20

13. Slide 13: Medium-Term Schedule (2006-2009)

    Medium-T. erm le Schedule (2006- 2009) Value Chain Phase _ / “Country _ Basin _ 2006- 2007 _ (short-term) _ 2007. 2008 | 2008-2009 Exploration | Cooper Basin __ lf — | J} 2-4 wells) Indonesia. (South Madura) | bs Cambodia (Block B) Tunisia (Bargou) | Cooper Basin

14. Slide 14: Exploration Program Value

    Exploration Program Value 7 P50 Undiscovered Reserves COE Potential Share Price Impact Upon Discovery P50 Net Present _18 per share upside, A$ 1.15 per share risked value 7 exploration program also expected to yield value: eismnic survey will hopefully reveal a number of attractive prospects Notiona

15. Slide 15: "Creating Shareholder Wealth" Track Record

    “Creating Shareholder Wealth” Track Record Market Cap Growth a < 2 £ 4 . 4 — Q. & UO G x ho 5 = Time (years) —Route to vision © Actual at1July © Vision

16. Slide 16: Summary

    Summary Strategy enablers - without calling on shareholders Mature Cooper Basin Prospects (Using existing 2D and 3D seismic data and new PEL92 3D seismic) Drill Cooper Basin Prospects (Four in 2007) Incremental Growth and Future Cash Flow Mature International Prospects (South Madura-indonesia, Bargo

17. Slide 17: ential, solid results” —

    ential, solid results” —

Cooper Energy — Shareholder Meeting (November 2006) on 6ix