Key Petroleum Limited · ASX:KEY
Key Petroleum — Investor Presentation (March 2015)
22 slides from Key Petroleum's investor presentation, Mar 16, 2015
Slide 1: Cover letter to ASX: Investor Presentation
Level 2 47 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 F: + 61 (08) 6389 0697 For personal use only 16 March 2015 The Manager The Australian Securities Exchange The Announcements Officer Level 4/20 Bridge Street SYDNEY NSW 2000 Dear Sir INVESTOR PRESENTATION We attach herewith an ASX An
Slide 2: An Emerging Australian Operating Oil and Gas Exploration Company
Level 2 47 Stirling Highway Nedlands 6009 Western Australia T: + 61 (08) 6389 0322 For personal use only F: + 61 (08) 6389 0697 Key Petroleum Limited – An Emerging Australian Operating Oil and Gas Exploration Company March 2015
Slide 3: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement Disclaimer For personal use only 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 own examination of Key Petroleum Lt
Slide 4: Corporate Snapshot
Corporate Snapshot ASX 12 month share price performance and volume CAPITAL STRUCTURE For personal use only 0.030 Volume Close 120,000,000 Issued Capital 0.025 100,000,000 Ordinary Shares (ASX:KEY) 567.43m 0.020 80,000,000 Daily Volume Unquoted Securities 33.50m Share Price 0.015 60,000,000 Market Ca
Slide 5: Permit Interests
Permit Interests For personal use only Permit Basin Key % Interest EP437 Perth 43.47 EP448 Canning 78.00 EP104 Canning 89.23 R1 Canning 85.23 L15 Canning 85.40 L12-10 Canning 100.00%
Slide 6: Exploration Portfolio Overview
Exploration Portfolio Overview Basin Positions “Basin Margin Capture”: For personal use only Acreage on margins of underexplored basins Prospects are either in oil window or where oil has been modelled to have migrated into shallow structures on the basin margins North Canning Basin positions – prov
Slide 7: North Perth Exploration Strategy
North Perth Exploration Strategy Infrastructure Strategically located 4-5 hours from Kwinana Refinery For personal use only Located in close proximity to infrastructure: Dampier Bunbury Natural Gas Pipeline Brand Highway Coastal towns of Geraldton and Dongara Competitive Advantage Operations base st
Slide 8: EP437 Prospects and Leads
EP437 Prospects and Leads At least 10 prospects and leads identified from preliminary mapping Majority are Triassic Bookara sandstone plays with some Jurassic plays to the north and north-east For personal use only Permian section mapped in Wye Area: Gas discovery by AWE Limited in Permian Kingia Fo
Slide 9: Dunnart-2 Testing Program
Dunnart-2 Testing Program Objectives Define mobile phase of fluid in Bookara sandstones which contained excellent oil shows with accompanying indications of live oil over shale For personal use only shakers when circulating interval 614 to 616 metres Test is a flow back test only over two days but h
Slide 10: Southern Canning Basin Acreage Strategy
Southern Canning Basin Acreage Strategy EP448 and L12-10: Strategically Acquired Acreage For personal use only Conventional Prospects are located two hours from all sealed bitumen Great Northern Highway Future offtake routes for crude via shipping at Port Headland, Broome, Derby or Wyndham Helipad b
Slide 11: Exploration Permit Geological Modelling
Exploration Permit 448 Geological Modelling For personal use only Source, Geological and Basin Modelling: Southern Canning Basin acreage position on western margin of Canning Basin, west of Kidson Sub-Basin Maturity data models acreage to be in oil window (Vitrinite Reflectance Ro of between 0.9 and
Slide 12: Seismic Cross Section across EP448
Seismic Cross Section across EP448 (red) to Juno-1 to Admiral Bay Fault Zone (Nita Downs-1 oil Discovery) For personal use only
Slide 13: EP448 – Prospects and Leads
EP448 – Prospects and Leads Mapped Prospects Two currently mapped prospects Griffith and Patterson with best estimate un- risked prospective resources of 30 and 14 million barrels that are ready to drill For personal use only in northern part of EP448 Several other leads identified on trend along th
Slide 14: Griffith-1 and Patterson-1 Surveys and Logistics
Griffith-1 and Patterson-1 Surveys and Logistics Surveys Undertaken Helicopter and Ground Surveys: Well locations pegged For personal use only Gravel for earthworks located Water bore locations pegged Airstrip for emergency evacuation surveyed and located near source of gravel Environmental Surveys:
Slide 15: Northern Canning Acreage Strategy
Northern Canning Acreage Strategy EP104, R1 and L15: Strategically Acquired Acreage Lennard Shelf/Fitzroy Trough Margin For personal use only Conventional Prospects are located in close proximity to Derby (left) Future offtake routes via future port development at Derby, Broome or Wyndham Existing P
Slide 16: Retention Licence R1
Retention Licence R1 Play Types Interpreted bypassed pay (red on left) at Stokes Bay-1 by Key as Operator: For personal use only 200 units of mud gas on drilling through Anderson Formation with sampling every few metres – oil sands may not have been sampled Resistivity responses on LWD logs were 30
Slide 17: Drill Ready Prospects located close to Derby
Drill Ready Prospects located close to Derby Up to seven wells possible For personal use only from the Stokes Bay-1 drill pad Pad prepared for re-entry Stokes Bay-1 Valentine-1 Point Torment-1
Slide 18: Exploration Permit EP104
Exploration Permit EP104 Permit Status: Permit recently renewed by Department of Mines and Petroleum for a For personal use only further five (5) year term Work commitment for first year of renewal term is for seismic reprocessing Offshore ‘elephant’ play types mapped following Phoenix-1 discovery o
Slide 19: Production Licence L15
Production Licence L15 Production Licence Options: Seventeen years remaining on Production Licence which pre-dates Native Title For personal use only Site only accessible during dry season (left) as tank farm, flowlines and wellhead are located over mud flats Geophysical mapping is being undertaken
Slide 20: EP104 Trend - All wells drilled on trend have been oil discoveries
EP104 Trend - All wells drilled on trend have been oil discoveries For personal use only
Slide 21: 2015 Catalysts and News Flow
2015 Catalysts and News Flow Approvals for Dunnart-2 testing program Execution of Dunnart-2 testing program For personal use only Dunnart-2 outcome Prospective Resource Estimates for acreage portfolio Northern Canning workover campaign Potential farmout of acreage positions in Perth or C
Slide 22: For further information please contact
For personal use only For further information please contact: Mr Kane Marshall Telephone: +61 (0) 6389 0322