Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Noosa Mining & Exploration Conference 2013
15 slides from Amplitude Energy's conference presentation, Jul 19, 2013
Slide 1: Presentation to Noosa Mining & Exploration Conference
For personal use only Presentation to Noosa Mining & Exploration Conference David Maxwell Managing Director Cooper Energy Limited 19 July 2013
Slide 2: Disclaimer and Competent Person statement
For personal use only The information in this presentation: Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held. Does not take into account the individual investment objectives or the financial situati
Slide 3: Capital Structure
For personal use only Capital Structure COE Share price $ rolling 12 month Share price $0.355 - $0.69 range, 12 months to 17 July 2013 Shares on issue 329.0 mill Market capitalisation $154.7 mill 47 cents on 17 July 2013 Cash, term deposits and $71.7 mill investments at cost at 31 March 2013 Debt Ni
Slide 4: Company history and strategy evolution
For personal use only 2002 2004 - 2010 2011 Today • Focus on TSR(1), Australia • Listed ASX 2002 • Growing, profitable • Board strategy review and leveraging expertise Cooper Basin oil • Cooper Basin focus • Some shareholders • Growing production & business agitate for change cash flow • Successful
Slide 5: Total Shareholder Return and Strategy
For personal use only Total Shareholder Return and Health Safety Environment Community Strategy • High margin oil • Fundamentals focus: market, technical, cost & commercial • Build gas supply & demand portfolio • Leverage and grow strengths People Funding Assets • Deep knowledge • Strong balance she
Slide 6: Australian basins and opportunities
For personal use only Cooper Basin • western flank oil • gas potential Otway Basin • conventional and unconventional • oil and gas plays Gippsland Basin • gas opportunities Opportunities • reviewing and screening • growing foundation assets plus • 1 or 2 game-changers per year at low cost Nearby inf
Slide 7: Cooper Basin oil production and exploration
For personal use only • Oil production and exploration - low cost & high margin - current approximately 1,500 bopd (net) • Discovered 5.4 mill bbls (net) to date (1) • Produced 3.6 mill bbls (net) to date (1) • Production expect to increase in FY14 • 3D seismic over best areas by end 2013 • Signific
Slide 8: Otway Basin conventional plays
For personal use only • Proven basin for conventional plays • Liquids prone Jurassic source rocks • Close to markets & infrastructure • Cooper Energy has strong regional position • Sawpit-2 confirmed hydrocarbon generation potential • Further drilling, seismic planned Strong fundaments and valuable
Slide 9: Otway Basin shale core analysis
For personal use only • 56 metres of core in Casterton and Sawpit shales from Sawpit-2 • Core analysis conducted to determine source rock potential and fracability • Results to date confirm potential of deep Casterton shales • Expect to assess further with seismic and drilling from December Quarter
Slide 10: Gippsland Basin gas opportunity
For personal use only • Agreements (1) for COE to farm-in to Vic/P41 and Vic/P68 - contain sizeable gas prospects • 19.9% interest in Bass Strait Oil Company (BAS) • BAS assets include 5 offshore Gippsland Basin permits - gas exploration potential along northern margin • COE providing technical and
Slide 11: South Sumatra, Indonesia
For personal use only South Sumatra - onshore • prolific basin • low technical risk & competitive terms Sukananti KSO (COE 55%) • currently ~350 bopd (100% basis) • multiple low risk opportunities Sumbagsel PSC (COE 100%) • shallow oil targets (1-5 mill bbls) & CSG • seismic 2013 / drilling 2014 • f
Slide 12: Tunisia and planned divestment
For personal use only Many attractive features • 3 contiguous permits, 12,600 km2 • extensive prospects and leads • undeveloped resources • nearby producing oil and gas fields • competitive fiscal terms Hammamet West-3 now drilling (COE 30%) • target to confirm productivity of large resource Plan to
Slide 13: Hammamet West-3 awaiting testing
For personal use only Hammamet West-3 awaiting testing • fractured limestone • large structure • test oil productivity using a horizontal well-bore • nearby fields produce from same reservoir • indications of hydrocarbon bearing open fractures Testing soon NOOSA MINING & EXPOLRATION CONFERENCE• 19 J
Slide 14: Summary and FY14 outlook
• Building our strong foundation oil business + developing gas business with a TSR(1) focus For personal use only • FY14 production guidance and exploration program to be released on 25 July- with Quarterly Report • Capital expenditure forecast features a balanced mixture of: - low risk production r
Slide 15: For personal use only
For personal use only
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