Cgx Energy Inc. · TSXV:OYL
Cgx Energy — Investor Presentation (October 2012)
16 slides from Cgx Energy's investor presentation, October 2012
Slide 1: Positioned for Guyana Atlantic Basin Success
Positioned for Guyana Atlantic Basin Success October 2012
Slide 2: Slide 2
Slide 3: Forward Looking Statements and Resource Disclosure
Forward Looking Statements and Resource Disclosure Forward Looking Statements - This presentation contains certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential exploration results,
Slide 4: Positioned for Guyana Atlantic Basin Success
Positioned for Guyana Atlantic Basin Success Equatorial Atlantic Margin Plays Analogous to West Africa and Brazil • West Africa – Turonian and Campanian discoveries from Ghana to Sierra Leone • Brazil – OGX’s shelf margin Albian/Aptian carbonate discoveries • Guyana/Suriname Basin – Tullow three z
Slide 5: Proven Hydrocarbon System in World-Class Basin in Early-Stage Exploration – 6.2 million acres (net)
Proven Hydrocarbon System in World-Class Basin in Early-Stage Exploration – 6.2 million acres (net) 5
Slide 6: Equatorial Atlantic Margin Play Mirror Image to Major Discoveries
Equatorial Atlantic Margin Play Mirror Image to Major Discoveries Venus – Campanian Anadarko, Repsol, Woodside, Tullow Narina - Turonian Africa Petroleum Sierra Leone CGX Drilling Paradise - Locations Turonian Liberia Turonian, Hess Campanian, Albian Ghana Prospects Zaedyus - Jubilee, Tweneboa Turon
Slide 7: Deep Water Targets in Present Day Shallow Water
Deep Water Targets in Present Day Shallow Water 7
Slide 8: Georgetown and Corentyne Wells and Resources
Georgetown and Corentyne Wells and Resources 8
Slide 9: Georgetown and Corentyne Prospects and Leads
Georgetown and Corentyne Prospects and Leads Primary Prospects • Turonian Basin Floor Fans Jubilee/Zaedyus Analogies Secondary Prospects • Campanian Turbidite Venus Analogy • Albian/Aptian Carbonate OGX Analogy Brazil • Maastrichtian Sand Abary Kick 9
Slide 10: CGX License Area Bigger Than Campos Basin
CGX License Area Bigger Than Campos Basin OGX Discovers Multi-Billion Barrel Resource in Albian/Aptian Carbonates Portion of Guyana Suriname Basin Outline Campos JAGUAR-1 Inpex Producing Albian Test Basin Outline Campos Producing Basin Albian Prospects 10
Slide 11: Favourable Economic Terms - Metrics For 300 mmbbl Case
Favourable Economic Terms - Metrics For 300 mmbbl Case Petroleum Sharing Contract 75% Cost Oil /25% Profit Oil Netbacks on Full Profit Oil Basis $/bbl Wellhead Price $83.66 Operating Cost $5.37 Capital Cost $2.20 Government of Guyana Take (54%) $40.71 Netback (46%) $35.38 NPV10 $15.82 Probability of
Slide 12: Prospect Valuation P50 Resource Estimate – NPV10
Prospect Valuation P50 Resource Estimate – NPV10 NPV10 NPV10 CGX WI Share Target Risked Unrisked Billion bbl $ Billion $ Billion Eagle Upper Turonian 1.2 (1) 3.8 19.0 3D Seismic Eagle Lower Turonian 1.3 (1) 4.1 20.5 Kabukalli Albian 0.1 (2) - - 2D Seismic Crabwood Albian 0.2 (2) - - Total 2.8 $7.9 $
Slide 13: Executive Summary
Executive Summary CGX exploring in Guyana Suriname Basin, a highly prospective basin with a proven hydrocarbon system Exploration of Equatorial Atlantic Margin Play • Turonian and Campanian discoveries from Ghana to Sierra Leone in West Africa and in French Guiana • Brazil Albian/Aptian carbonat
Slide 14: Management Overview
Management Overview Kerry Sully • 40 years E&P experience President, • Past President and CEO, CGX and former CEO and Director of Chief Executive Officer Ranchmen’s Resources and Director • B.Sc. Chemical Engineering, University of Saskatchewan Michael Stockinger • 35+ years of E&P drilling operatio
Slide 15: Additional Directors and Officers
Additional Directors and Officers Dr. Suresh Narine • Senior Professor, Trent University and Guyanese national named Chairman in 2011 as one of Canada’s Top 40 Under 40 Leaders • Awarded Guyana / Canada Special Achievement Award for biofuel technology work José Arata • President and Executive Direct
Slide 16: Market Facts
Market Facts Exchange | Ticker: TSX-V | OYL Shares outstanding: 411,948,218 Fully-diluted: 472,530,090 Trading price (Sep 28/12): $0.235 Average 3 month volume: 960,456 Market capitalization: $96.8 million 52 week high | low: $1.55 | $0.17 16