Tmk Energy Limited · ASX:TMK
Tmk Energy — Tamaska Oil and Gas — Investor Presentation (December 2013)
17 slides from Tmk Energy's investor presentation, Dec 9, 2013
Slide 1: Updated Investor Presentation ASX Release
For personal use only ASX Release Date: 9 December 2013 Updated Investor Presentation Tamaska Oil and Gas Ltd is re-releasing the December Investor Presentation which is compliant with the new ASX resources reporting rules that came into effect on 1st December 2013, the clarification also applies to
Slide 2: Investor Presentation: Currently Drilling High Impact Rend Lake Oil Prospect
For personal use only Investor Presentation Currently Drilling High Impact Rend Lake Oil Prospect December 2013
Slide 3: Investment Highlights
Investment Highlights For personal use only Rend Lake Oil Prospect – Currently Drilling High Impact Oil Exploration Well – target depth to be reached mid December Experienced Industry Operator – Anschutz Corporation Large Resource Target – 67.5 million barrels gross prospective resources TMK
Slide 4: TMK Project Locations
TMK Project Locations For personal use only ASX Code: TMK - December 2013 3
Slide 5: Capital Structure
Capital Structure For personal use only Shares and Notes Ordinary Shares 6,396m Convertible Notes at 0.05c 1,200m Total Shares and Notes 7,596m Options 300m exercisable at 0.15c 3,200m exercisable at 0.5c ASX Code: TMK - December 2013 4
Slide 6: Rend Lake Prospect
Rend Lake Prospect For personal use only TMK holds a 20% WI ( 15% NRI) in the Rend Lake Oil Prospect in Southern Illinois, 9,040 acres High Impact Oil Exploration Well, Success Case = Company Maker Asset Industry Credentialed Operator – Anschutz Corporation Anschutz carrying TMK for first $1
Slide 7: Illinois Basin
Illinois Basin For personal use only The Illinois Basin is a prolific basin, which has produced over 4 billion bbls of oil and 4TCF of gas Over 140,000 wells have been drilled and 32,000 remain on production The Rend Lake Prospect sits clearly over the oil migration pathway The Rend Lake are
Slide 8: Rend Lake Prospect Evidence and Model
Rend Lake Prospect Evidence and Model For personal use only A tightly controlled linear ‘sag’ occurs in coal seams over the Rend Lake Fault Zone The timing of the sag is likely related to deep-seated basement structuring It is proposed that the sag is a result of solution collapse in underlyin
Slide 9: Rend Lake Prospect – Analogues
Rend Lake Prospect – Analogues For personal use only Albion-Scipio Field in Michigan Discovered in 1957 Developed with 20 acre spacing using vertical wells delineated by dry hole drilling IP of >1000 bopd per well 130MMbbls EUR Albion-Scipio Other Michigan Analogues 1S, 2S Stoney Point 198
Slide 10: Rend Lake Hydrothermal Dolomite Prospect - Estimated Prospective Resources
Rend Lake Hydrothermal Dolomite Prospect - Estimated Prospective Resources (2P, Best Estimate, Deterministic Evaluation as at 1st December 2013) For personal use only The Rend Lake Fault Zone Hydrothermal Dolomite trend has been broken down into three potential facies belts (using analogy to the Alb
Slide 11: Duvernay Shale Acreage - Alberta
Duvernay Shale Acreage - Alberta For personal use only Early mover secured strategic acreage position TMK holds 8% interest in ~60,000 acres Initial acreage sale in Q1 2012 recovered the original entry costs (~$1.3m) Additional partial sale in September 2013 for C$640,000 Full sale of the
Slide 12: Fusselman, Texas (TMK 12.5%)
Fusselman, Texas (TMK 12.5%) For personal use only Clayton Johnson #3F well drilled December 2012 to a TD of 9,883ft Discovered 12-14ft of oil in the high porosity Fusselman Dolomite Production commenced at 80bopd, however current production 30bopd & 200bwpd The water is being produced from
Slide 13: West Klondike, Louisiana (TMK 10.2%)
West Klondike, Louisiana (TMK 10.2%) For personal use only Wilbert Sons LLC#1 well drilled in Q4 2012 E-logs indicate a total of 45ft of oil/wet gas pay in Lario Sands and Upper & Lower Nod Blan formations Production facilities and export pipeline to be installed Q4 2013, estimated cost of US$
Slide 14: TMK Value Proposition
TMK Value Proposition For personal use only Rend Lake Oil Prospect - Drilling Now A high impact oil exploration opportunity Prospective resources 10.1MMbbls net to TMK at 20%WI (15% NRI) TMK substantially carried through first well by experienced operator Anschutz Drilling ahead now – result
Slide 15: Rend Lake Well Location
Rend Lake Well Location For personal use only Rend Lake Fault Zone ‘SAG’ Trend abandoned rail line Lawrence Farms Well 1 - Location Photo 2 Photo 1 Road Farm track Photo 1 Photo 2 ASX Code: TMK - December 2013 14
Slide 16: Disclaimer
Disclaimer For personal use only Forward Looking Statements This presentation contains forward looking statements that are subject to risk factors associated with oil and gas businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a
Slide 17: For personal use only
For personal use only Level 7, 1008 Hay Street, Perth WA 6000 PO Box 7209, Cloisters Square WA 6850 Tel: +61 8 9389 2000 Fax: +61 8 9389 2099 Email: info@tamaska.com.au www.tamaska.com.au
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