Key Petroleum Limited · ASX:KEY
Key Petroleum — RIU Good Oil Conference 2018
17 slides from Key Petroleum's conference presentation, Sep 14, 2018
Slide 1: RIU Good Oil Conference 2018 ASX cover letter
Ground Floor, Suite 3 Churchill Court 331-335 Hay Street Subiaco WA 6008 T: + 61 (08) 9381 4322 F: + 61 (08) 9381 4455 13 September 2018 The Manager The Australian Securities Exchange The Announcements Officer Level 4/20 Bridge Street SYDNEY NSW 2000 RIU Good Oil Conference 2018 Key Petroleum Ltd (“
Slide 2: RIU Good Oil Conference
RIU Good Oil Conference 13 September 2018 “Unlocking Australia’s Energy Needs”
Slide 3: 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 4: Who is Key Petroleum Limited?
Who is Key Petroleum Limited? Perth based Australian oil and gas company admitted to the Australian Securities Exchange (ASX:KEY) in 2007 Holds high equity positions and operatorship over the majority of its permits across WA and Queensland Management team focused on realising value from funde
Slide 5: Model for Success
Model for Success Positioned for Change in Market Dynamics Streamlined exploration and production (“E&P”) portfolio with recent acquisitions in the Perth and Cooper Basins and divestments of Canning Basin interests Diversified E&P portfolio with clear path to commercialisation: Proximity to st
Slide 6: Reinvigorating the Perth Basin Oil Story
Reinvigorating the Perth Basin Oil Story L7, Mount Horner Oil Field Phase II Development opportunities include step out and infill wells, and if successful represents near term cash flow Material conventional oil exploration potential within the Permian and Triassic of L7 and EP 437 lying up-dip
Slide 7: Pathway to Discovery
Pathway to Discovery The L7 licence is up-dip and on trend from the main producing fairway of the northern Perth Basin, the focus of recent gas discoveries A’ The Mount Horner Oil Field discovered some 50 years ago and the surrounding area in EP 437 has been overlooked by modern exploration acti
Slide 8: Mount Horner Near Term Development Opportunity
Mount Horner Near Term Development Opportunity MH-5A, 9 and 12 were the best performing wells (=>200 bopd) Resource estimates are likely to be above the minimum economic threshold and estimates will be formalised in due course Technical assessment to date has identified Opportunities for furth
Slide 9: Largest Shallow Water Block in Australia
Largest Shallow Water Block in Australia WA-481-P Complete Nearshore Play Fairway Capture BURNEY DUNSBOROUGH OIL DISCOVERY PROSPECT Dunsborough oil discovery 6 MMbbl (2C) Dongara Gas Field Base Kockatea 450 Bcf (2P) Waitsia Gas Frankland gas Field discovery WA-481P 865 Bcf (2P) 42 Bcf (2C) INTERIM R
Slide 10: Cooper Basin the “Company Maker”
Cooper Basin the “Company Maker” Significant resource potential remains in highly contested acreage: Cooper – Eromanga Basin exploration portfolio equates to 1.6 million acres – largest of juniors on ASX; and Cooper – Eromanga Basin “fairways” have historically provided the greatest concentrat
Slide 11: Near Field Step-Out Potential
Near Field Step-Out Potential Jurassic (Birkhead) source kitchens overlie Permian basin-centred gas charge areas Multi level targets with 3D defined gas prospects ATP 924 3D and 2D seismically defined Permian areas have prospective resource estimates of 133 – 320 – 761 bcf (low, base and high
Slide 12: Emerging Gas Play Adjacent to Pipeline
Emerging Gas Play Adjacent to Pipeline Permian canyons within play fairway – analogous to nearby producing Barrolka Gas Field
Slide 13: Elephants in the Room
Elephants in the Room Large 3D defined undrilled prospect with multiple targets (conservative resource estimates) Pre Jurassic thinning defines early structure. Significant onlap potential as demonstrated on trend at Gilpeppee Anticline The Hutton oil prospect within Taj area of ATP 924 has a
Slide 14: Company Goals
Company Goals Near Term: Leverage off high equity positions to drill up to three (3) onshore wells in the next 12 months Near term infill drilling and work over opportunities (L7 – Mount Horner) Proximal step-out/exploration drilling (L7/EP 437) Execute high impact Cooper Basin gas drilling
Slide 15: Strategic Goals
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 assess • L7 D
Slide 16: Why invest in Key?
Why invest in Key? Imminent news flow on funding and onshore Perth Basin activity including operations to access bypassed pay in current Mount Horner wells and strategic initiatives to drive potential Phase II Development (technical and fundamental analysis based traders) Offshore Perth Basin op
Slide 17: WATCH THIS SPACE
WATCH THIS SPACE For further information please contact Mr Kane Marshall – Managing Director Telephone: +61 (0) 8 9381 4322 Email: investors@keypetroleum.com.au Website: www.keypetroleum.com.au Or follow us on our social media handles below