Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Investor Presentation (November 2020)
17 slides from Pancontinental Energy Nl's investor presentation, Nov 25, 2020
Slide 1: Presentation
Presentation 25 November 2020 1
Slide 2: Disclaimer
Disclaimer These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for any purpose. Failure t
Slide 3: Disclaimer continued
Disclaimer continued The resources referred to in this presentation were announced on 11 September 2018 (PEL 87), 14 July 2019 (ATP 920 & ATP 924 conventional gas prospective resources) and 30 October 2019 (ATP 920 & ATP 924 oil prospective resources) . The estimated quantities of petroleum that may
Slide 4: Chairman's Message
Chairman’s Message Dear Shareholder, The 2020 financial year is one that will not be easily forgotten. During the year, the COVID-19 pandemic hit the world and caused panic and uncertainty in every day life as well as financial markets and economies throughout the world. Pancontinental acted swiftly
Slide 5: Corporate Snapshot
Corporate Snapshot CORPORATE OVERVIEW DIRECTORS Issued Share Capital 5,406 million shares HD Kennedy Non-Executive Chairman Options 322 million options EA Myers Executive Director, CEO Share Price 0.1 cent ** V Petrovic Executive Director, Sec Market cap A$5.4 million ** RB Rushworth
Slide 6: Strategy & Business Model
Strategy & Business Model Create value for Shareholders Identify oil & gas basins with overlooked potential & seek funding for PCL's original ideas Attract highly reputable companies to partner in projects Secure acreage at low entry cost and complete initial work programmes
Slide 7: Pancontinental's Projects
Pancontinental’s Projects PCL Block Partner Operator % Namibia 75% Custos 15% PCL PEL 87 Namcor 10% Namibia 29% Tullow 51% Tullow PEL 37 Africa Energy 15% Paragon 5% Australia 20% Key Petroleum 80% KEY ATP 920 earn ing Australia 25% Key Petroleum 75% KEY ATP 924 earn ing NAMIBIA PEL 37 Offshore Regi
Slide 8: Pancontinental Offshore Namibia
Pancontinental Offshore Namibia Pancontinental is the largest net acreage holder in the Orange Basin where it holds PEL 87 and 12th largest holder in the Walvis Basin where PEL 37 is located. 8 * finnCap Energy quarterly sector note Q4 2019
Slide 9: Location of Exploration Licences in Namibia
Location of Exploration Licences in Namibia PEL 87 Pancontinental is the Operator and a Joint Venture Partner in Petroleum Exploration Licence 87. The licence which covers almost 11,000 square kilometres is located in the Orange Basin, offshore Namibia. Pancontinental holds a strong 75% interest wit
Slide 10: Regional Data – Interpreted Oil Seeps
Regional Data – Interpreted Oil Seeps This image shows interpreted oil seeps offshore Namibia. As can be seen Pancontinental has strategically placed itself near the “action” in both the Orange and Walvis basins and hopes future exploration will prove the theories held by the Company and its technic
Slide 11: PEL 87 Offshore Namibia
PEL 87 Offshore Namibia A Turbidite Fan complex of Aptian Age, holding a number of leads that, based on Pancontinental’s interpretation is encased in sealing shales has been uncovered in exploration carried out to date. The fan complex has been named the Saturn Superfan, with highlights of the struc
Slide 12: How Much Oil Could Saturn Contain?
HOW MUCH OIL COULD SATURN CONTAIN? PROSPECTIVE OIL RESOURCES (RECOVERABLE OIL)* INDIVIDUAL LEADS PEL 87 Prospective Resources Lead Gross Prospective Resources Pancontinental Net Entitlement 1 Name GPoS MMbbls MMbbls P90 P50 Mean P10 P90 P50 Mean P10 Lead A 39 152 224 549 28 108 160 391 11% Lead C1 2
Slide 13: PEL 37 Offshore Namibia
PEL 37 Offshore Namibia Pancontinental initiated this project in Drilled 2018 2011. Tullow Oil farmed into PEL 37 in 2013, with major activities commencing in 2014 and continuing to 2018 with the drilling of the Cormorant-1 well. The exploration work carried out included: • 3,400 km2 of 3D seismic c
Slide 14: ATP 920 & ATP 924 (Ace Area) Onshore Queensland
ATP 920 & ATP 924 (Ace Area) Onshore Queensland Conventional trends prospective for oil and gas can be found within the Cooper Basin ATPs. 14
Slide 15: ATP 920 & ATP 924 (Ace Area) Onshore Queensland
ATP 920 & ATP 924 (Ace Area) Onshore Queensland During 2019, Pancontinental formalised the farmin to the Meeba Project, Onshore Queensland. The farmin will provide the Company with an interest in two Authorities to Prospect – 920 and the Ace Area of 924 and the possibility of near term drilling. The
Slide 16: Prospective Resource Estimates
PROSPECTIVE RESOURCE ESTIMATES Cautionary Statement: The estimates quoted here were announced to the ASX on 14 July 2019 (ATP 920 & ATP 924 conventional gas prospective resources) and 30 October 2019 (ATP 920 & ATP 924 oil prospective resources) by Operator Key Petroleum Limited. The prospective res
Slide 17: Authorised for release by the Board of Pancontinental Oil & Gas NL
PANCONTINENTAL OIL & GAS NL Head Office – Level 1, 10 Ord Street, West Perth, Western Australia 6005 Postal Address - PO Box 1154, West Perth, Western Australia 6872 Telephone +61 8 6363 7090 ACN 003 029 543 www.pancon.com.au Authorised for release by the Board of Pancontinental Oil & Gas NL 17
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