3d Energi Limited · ASX:TDO
3d Energi — 3D Oil — Shareholder Meeting (November 2011)
19 slides from 3d Energi's shareholder meeting presentation, Nov 28, 2011
Slide 1: 3D Oil Limited Annual General Meeting
3D Oil Limited Annual General Meeting For personal use only At Baker & McKenzie William Street 28 November 2011 Melbourne
Slide 2: Presentation Disclaimer
Presentation Disclaimer For personal use only Important Notice This presentation contains certain statements which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performan
Slide 3: 3D Oil Vision
3D Oil Vision For personal use only The Vision & Mission of 3D OIL is to: ¾ be a producer of energy to Eastern Australia, providing long term shareholder growth and value ¾ grow an optimistic, commercially savvy and technically excellent team who share the vision of proactive and tenacious explorati
Slide 4: 3D Oil Story – so far
3D Oil Story – so far For personal use only 4
Slide 5: A new exciting chapter
A new exciting chapter For personal use only ¾ Term sheet signed for A$30 mill deal with Amplitude over West Seahorse Canadian listed Oracle Energy ¾ Two exciting low risk prospects Success at Sea Lion to enhance the West Seahorse development economics Felix Prospect - significant upside potenti
Slide 6: Strategy
Strategy For personal use only 3D Oil holds strong to its vision to become a significant oil and gas producer Oil Brent Crude Price ¾West Seahorse is a 9.2 MMbbl (2C) oil field. •Upon signing a farmin partner first oil could be in 2013 ¾ Oil discovered at either Sea Lion or Felix is readily producib
Slide 7: Summary of Oracle Deal
Summary of Oracle Deal For personal use only ¾ Oracle Energy (OEC) is a Canadian listed E&P company with an experienced development team. ¾ OEC can earn 50% of VIC/P57 by spending up to A$30 million to drill two exploration wells. Each well will earn 25% equity. ¾ The two exploratory wells will most
Slide 8: Assets and Potential
Assets and Potential For personal use only VIC/P57 ¾ West Seahorse – Currently 9.2 MMbbl (2C) ¾ Sea Lion – Ready to drill, 20 MMbbl prospective resource with deep gas target ¾ Felix – low risk, high impact oil prospect with 100 MMbbl potential ¾ Reprocessed seismic data: supports deep gas potentia
Slide 9: Exploration VIC/P57, Victoria
Exploration VIC/P57, Victoria For personal use only VIC/P57 is located on trend of a prolific ‘sweet spot’ in the Gippsland Basin, which generally contains oil in the shallow and gas in the deep. The latter is an exciting emerging play in the basin ¾ 3 prospects identified along the ‘oily’ southern
Slide 10: Sea Lion Prospect, VIC/P57
Sea Lion Prospect, Prospect VIC/P57 For personal use only Sea Lion is the ‘next cab on the rank’ along trend from West Seahorse and Seahorse Seahorse West Sea ¾ Prospective Resource best estimate of 20 Seahorse Lion MMbbl recoverable (Independent expert’s assessment). ¾ Interpreted to contain same r
Slide 11: Sea Lion Prospect, VIC/P57
Sea Lion Prospect, Prospect VIC/P57 For personal use only Recently identified large deep targets underlying the primary oil reservoirs are prospective for gas 11
Slide 12: Felix Prospect, VIC/P57
Felix Prospect, VIC/P57 For personal use only Felix is arguably one of the best oil prospects in Australia ¾ a large inversion feature along the Rosedale Fault System. ¾ located between two oil fields (Wirrah and Moonfish) and appears larger at the sub-volcanic level which contains oil in both field
Slide 13: Felix Prospect, VIC/P57
Felix Prospect, VIC/P57 For personal use only Lakes Entrance Felix Lakes Entrance Felix Top Latrobe Top Latrobe P1 coal Oil producing levels in neighbouring Moonfish P1 coal L.Balmei Volcanics L.Balmei Volcanics Top Emperor? Top Emperor? Potential gas prospect Low hanging fruit still to be found Sei
Slide 14: Emerging gas fairway
Emerging gas fairway For personal use only Lucifer - A newly recognised Longtom-style play ¾ Gas play trend which includes Lucifer, Dexter and Kangafish ¾ On trend with Longtom field and recently discovered SE Longtom ¾ Similar geology, geometry and source kitchen ¾ Newly reprocessed seismic will gr
Slide 15: Leveraging West Seahorse
Leveraging West Seahorse For personal use only ¾ Oracle to undertake detailed engineering 10 km Option F2 – SS Tree with Pipeline to New Crude Stabilisation Plant ¾ Oracle and 3D Oil to continue the approvals process Pi e pe re 5liDfNnt N HPU & Control at Landfall EGP ho a56sD ns Gd6 14 O ial nadn ¾
Slide 16: Exploration T/41P, Tasmania
Exploration T/41P, Tasmania For personal use only The Bass Basin has been slow to emerge as an exciting petroleum province. Trefoil & Yolla T/41P Rockhopper Background In addition to the Yolla Field the recent appraisal of the Trefoil Field makes it a likely candidate for a second development in the
Slide 17: Exploration T/41P, Tasmania
Exploration T/41P, Tasmania For personal use only ¾ 3D Oil acquired the 264 sq km Dalrymple 3D seismic survey in February 2011, well under New 3D data illustrating potential trap budget ¾ Following interpretation of the 3D seismic in 2011 3D Oil intends to find a strategic partner and ultimately dri
Slide 18: The way forward
The way forward For personal use only 2012 Targets ¾ Work with Oracle to complete transaction ¾ Continue to work VIC/P57 to enhance prospect portfolio and de-risk prior to drilling ¾ Work with Oracle to reach FID on West Seahorse ¾ Attract JV partner into T/41P Accelerating Growth Strategy ¾ Organic
Slide 19: In Summary: Exciting Times Ahead
3D Oil Limited Annual General Meeting For personal use only 28 November 2011 In Summary Exciting Times Ahead 19