Lakes Blue Energy Nl · ASX:LKO
Lakes Blue Energy Nl — Investor Presentation (May 2005)
18 slides from Lakes Blue Energy Nl's investor presentation, May 20, 2005
Slide 1: Gas in the Onshore Gippsland Basin
GAS IN THE SHORE GIPPSLAND BASIN Gippsland Basin
Slide 2: Gas Resources within PEP-157
aS TESOUTCES ithin PEP-157 could fodies > 3,000 mefd per well
Slide 3: Options
TE plion Options 17/1
Slide 4: Trifon field budget
rifon fields Budget tcome will lead to a full development study.
Slide 5: Technical Staff
CAL STAFF ebb Bsc hell RMET (Geob BSc, ViS¢e BSc (Hons) Velseis Reeves Wirell Sailla Petroleum Con: Core Laboratories Aus Amdel Financial Consultants Tolhurst Noall
Slide 6: Oil Gippsland Vision
OIL GIPPSLAND VISION what is possible with the eclingiogy. It took 60 = ey wo Le a s Q ” é x = a =
Slide 7: Typical Pinedale Well Production Profile
a Typical Pinedale Weill Production Profile AVERAGE DAILY PRODUCTION MiMictrd 3 4 & 6 7 YEARS OF PRODUCTION
Slide 8: Gippsland Basin
Gippsland Basin PEP 188: Key focu: Womba as ( es willin, PEP 157. a Golden Beach Stratigraphic Lead
Slide 9: 2005 Echidna High
2005 Echidna High : alike structure. Recently drilled Echidna prospect is still to be fully evaluated. :
Slide 10: Lakes Onshore Gippsland Basin permit locations
surveyed over a 30 year period. » and old. | Lakes Onshore Gippsland Basin permit locations
Slide 11: Trifon frac success
Lagi dyn en veya Trifon 2 — frac success, two bottom zones flowed gas. Further multiple zones to be fractured.
Slide 12: Tested and flowed oil; many undrilled targets
ee eee ee tested -flowed 6-7 barrels of oil. wat Many undrilled targets in permit.
Slide 13: Seismic section showing multiple roll-over structural highs
Strealenki Gp Seismic section showing multiple roll-over structural highs
Slide 14: Technology Strategy
OGY STRATEGY Schlumberger have introduced this he Gippsland Ba
Slide 15: Post-frac slab well showing hydraulic fractures
nn Post-trac slab Weill showing hydraulic fractures
Slide 16: First Gas Sales and Annual Field Development Wells
Landmark Cons: yO = First Gas Sales Annual Field Development Wells
Slide 17: Other Activities
HER ACTIVITIES - PEP 157 ePects to fad Sosa “ag gas ficlds.in the Gilbert Prosp Lakes O1 | interest through drilling Hunters Lane-| (PEP 155) __ planned re-entry of previously drilled oi! well. Lakes Oil 100% interest. wed ee adjacent to the cniled in July. Currently being FER
Slide 18: Integrated approach to field evaluation and reserve calculations
» Integrated, multi-diseh proach to field evaluation and reserve calculations.
Lakes Blue Energy NL — Investor Presentation (May 2005) on 6ix