Key Petroleum Limited · ASX:KEY
Key Petroleum — Investor Presentation (May 2018)
20 slides from Key Petroleum's investor presentation, May 14, 2018
Slide 1: Company Presentation
Company Presentation 14 May 2018
Slide 2: Disclaimer
Disclaimer 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 Ltd and consult with their own legal, tax, business and/or financial
Slide 3: Reinvigorated Junior Oil Explorer
Reinvigorated Junior Oil Explorer Strategic exploration portfolio reflects optionality and flexibility to adapt and mitigate longer term commodity and capital cycles: ▪ Expansion following high impact additions in the Perth and Cooper Basins; and ▪ Divestment of Canning Basin assets. Updated Pro
Slide 4: Focused Themes and Geographies
Focused Themes and Geographies Petroleum System Approach: ▪ Cooper Eromanga Basin is Australia’s most prolific hydrocarbon producing basin (new theme and geography); ▪ L7 Onshore Perth Basin (existing theme and geography); and ▪ WA-481-P (new theme and existing geography). Significant Resource P
Slide 5: Cooper Eromanga Basin Focus
Cooper Eromanga Basin Focus Maroochydore 1 Gilpeppe 2 Marengo South 1 Whanto 1 ATP924 924 924 The Cooper Eromanga Basins are home to the most important on-shore petroleum and natural gas reserves in Australia. Over 6 Tcf gas and 300 mm bbls of oil have been produced. Includes the first commercia
Slide 6: Cooper Eromanga Basin
Cooper Eromanga Basin Relevance to International Super-Basins
Slide 7: Cooper Basin Position - Infrastructure
Cooper Basin Position - Infrastructure Tennent Creek NGP Mt Isa Amadeus Pipeline Carpenteria Pipeline Northern Gas Pipeline (“NGP”) and Infrastructure Gas Pipeline NGP link to CGP to supply south eastern domestic and export markets. ATP 920 APA Group owned CGP has a number of tie in points for s
Slide 8: Exploration and Development Summary
Exploration and Development Summary “Northern Gas Opportunity” in ATP 924 has 3D seismic coverage and is within defined Permian fairway - high graded as a drilling candidate. ATP 924 3D and 2D seismically defined Permian areas have prospective resource estimates of 133 – 320 – 761 bcf (low, base
Slide 9: Toolachee Level Map – Permian Gas Fairway
Toolachee Level Map – Permian Gas Fairway ATP-920 Pre-Permian Inliers Tanbar North-1 Redefined Permian Edge (Inlier Model) Taj 3D ATP-924_1 Marama-1 Permian Edge (supplied by Beach) Maroochydore-1 Clinton-1 Hurron 3D Marengo-1 ATP-924_3 Gilpeppe-2 ATP-924 Marengo South-1 Whanto-1 ATP-924 Structural
Slide 10: Northern Gas Opportunity
Northern Gas Opportunity ATP 920 and ATP 924 Overlies the north-east edge of the Jurassic to Cretaceous Eromanga Basin and the northern edge of the Permian to Triassic Cooper Basin. Immediate focus is on conventional Permian gas opportunities nearby to Barrolka, Marengo and other fields within ‘
Slide 11: 3D Defined Permian Targets
3D Defined Permian Targets Permian canyons within play fairway – direct analogue to nearby Barrolka Gas Field CO Hutton Alfajor Afghan Abernethy Toolachee Permian Isochore 1 2 3 4 Barrolka-16 Barrolka-17 Barrolka-16 Toolachee PC30 channel sands fill Barrolka-17 paleotopography
Slide 12: Triassic Targets – Up-dip from Gilpeppe-1
Triassic Targets – Up-dip from Gilpeppe-1 Multiple targets in three undrilled structures all with bypassed stratigraphic potential Gilpeppe-1 Maroochyore-1 Max Mag Amplitude Hurron 3D CO Abernethy Afghan Alfajor Alfajor Afghan Abernethy Hutton DST-1 Maroochyore-1 DST-2 Amplitude Oil anomaly shows Hu
Slide 13: 3D Defined Permian Target: Taj Area
3D Defined Permian Target: Taj Area Large 3D defined prospect with multiple targets. Pre-Jurassic thinning defines early structure. Amplitudes at Permian level consistent with thin channel stratigraphy. NW SE SW NE Taj Prospect Taj Prospect CO Taj 3D Taj Hutton Prospect ATP-924 Thinning over s
Slide 14: Eastern Cooper Eromanga Basin
Eastern Cooper Eromanga Basin ATP783 Overlies the Jurassic to Cretaceous Eromanga Basin and Permian to Triassic Cooper Basin. Oil recovered on test from four local wells: Earlstoun-1, Chandos-1, Cumbroo-1, Cooloo-1. Identified potential for flank gas play within Permian formations. Near comm
Slide 15: Exploration Upside Offshore Perth Basin
Exploration Upside Offshore Perth Basin Waitsia Gas Field Analogue Dunsborough area interpreted to be directly analogous to recent large Dunsborough oil discovery onshore gas discovery at Waitsia. 6 MMbbl (2C) Dongara Gas Field Bootenal Prospect 450 Bcf (2P) Waitsia Gas Frankland gas Field discove
Slide 16: L7 (R1) Mount Horner
L7 (R1) Mount Horner Underexplored northern margin of Perth Basin with proven hydrocarbon traps (Wye-1 and Mount Horner). Infill and near field oil potential at multiple levels. Mount Horner Schematic Section AWE ‘F Sand’ Map Mount Horner-9 Production Well
Slide 17: Wye Knot-1 Drilling Planning
Wye Knot-1 Drilling Planning Key has continued to progress in its bid to gain access to the preferred Wye Knot-1 well location in anticipation of drilling an exploration well later in 2018. Long lead preparations are under way for the drilling of Wye Knot-1 to test for an oil leg below the 1996
Slide 18: Corporate Strategic Goals
Corporate Strategic Goals New Ventures Onshore Perth Basin Offshore Perth Basin Cooper Eromanga Basin (New Basin) • Resource Estimates for L7 • Prospective resource • Ranking of 2018 drilling • Complete Reprocessing estimates for oil and gas candidates of 2D and 3D to de-risk plays • Continue to ass
Slide 19: Catalyst Rich Year
Catalyst Rich Year Updates to Prospective Resource Inventory for Cooper Eromanga Basin ATP’s. Commerciality and potential Gas Offtake/MoU’s. Gas exploration strategy in Cooper Basin including timing of drilling. Reserves, contingent resource and prospective resource updates for ATP 783, ATP
Slide 20: For further information please contact
For further information please contact Mr Kane Marshall Telephone: +61 (0) 8 9381 4322 Email: investors@keypetroleum.com.au Website: www.keypetroleum.com.au Follow Us On