Niko Resources Ltd. · OTC:NKRSF
Niko Resources — Investor Presentation (January 2013)
31 slides from Niko Resources's investor presentation, January 2013
Slide 1: Corporate Presentation
Corporate Presentation January 2013
Slide 2: Forward Looking Statements
Forward Looking Statements FORWARD-LOOKING STATEMENTS AND INFORMATION This document contains statements about expected future events, anticipated financial and operating results, anticipated terms of the offering and related transactions, estimations of reserves and resources, future net revenues as
Slide 3: Operations
Operations Production Contingent Resource Exploration Niko is engaged in production, development and exploration of natural gas and oil in India, Bangladesh, Indonesia, Trinidad, Madagascar, and Pakistan 2
Slide 4: Production Assets – D6 Block, India
Production Assets – D6 Block, India D6 Block • D1 D3 field • Work underway for: • water handling and compression project • MA field • Work underway for: • compressor modification • additional gas well • workovers 3
Slide 5: Production Assets – Bangladesh
Production Assets – Bangladesh Block 9 Bangora field • Workovers planned for March/April 2013 • Compression onstream by 2014 4
Slide 6: Development Opportunities - D6 Block
Development Opportunities - D6 Block MA Field Satellite Area • FDP approved • G2 well successfully drilled R1 Cluster • FDP to be submitted by March Other Satellite Area • Development concept being finalized Potential for ~100 MMcf/day (Niko share) of additional production 5
Slide 7: Development Opportunities – NEC-25 / Block 5(c)
Development Opportunities – NEC-25 / Block 5(c) NEC-25 Block, India • FDP to be submitted by March 2013 Block 5(c), Trinidad • FDP submitted for approval Potential for ~100 MMcf/day (Niko share) of additional production 6
Slide 8: Niko 2P & Contingent Resources as at March 31, 2012
Niko 2P & Contingent Resources as at March 31, 2012 (Bcfe) 1P reserves 2P reserves Potential to increase 2P reserves by 160% upon booking of contingent resources 7
Slide 9: Exploration D6 Block – MJ1 Prospect
Exploration D6 Block – MJ1 Prospect 8
Slide 10: Exploration D6 Block – MJ1 Prospect (cont.)
Exploration D6 Block – MJ1 Prospect (cont.) Oil & Gas Prospect • Expected to spud in March/April • Targeting Mesozoic synrift clastic reservoir, similar to MA oil and gas field Gross Prospective Resources Low Best High Gas (Bcf) 262 819 2562 Liquids (MMbbl) 18 56 176 9
Slide 11: Exploration Indonesia
Exploration Indonesia 22 PSCs 7 JSAs in progress 30MM gross acres 10
Slide 12: Innovative Sea Seep Technology
Innovative Sea Seep ™ Technology • Creates science advantage • 1,000,000 km2 multibeam program completed 11
Slide 13: Innovative Sea Seep Technology
Innovative Sea Seep ™ Technology Hydrocarbon seepage supports chemosynthetic communities on the seafloor, which increases the backscatter. With high resolution multibeam, we can identify potential seep targets on the seafloor.
Slide 14: Ocean Monarch
Ocean Monarch 13
Slide 15: Ocean Monarch
— NIKO RESOURCES LTD 14
Slide 16: Exploration Indonesia Kofiau
Exploration Indonesia Kofiau 22 PSCs 7 JSAs in progress 30MM gross acres 15
Slide 17: Kofiau Block
Kofiau Block Ajek-1 well • Sub-commercial deepwater oil and gas discovery • Confirmed presence of reservoir and hydrocarbon system in new basin • Results will allow improved reservoir analysis assessing thin bed pay potential and improved prediction of locations with thicker sand packages • Addition
Slide 18: Exploration Indonesia West Papua
Exploration Indonesia West Papua 22 PSCs 7 JSAs in progress 30MM gross acres 17
Slide 19: West Papua IV Block
West Papua IV Block West Papua IV Block • 6,389 km2 • Multiple large oil and gas prospects • Rig moving to Cikar-1 location 18
Slide 20: West Papua IV Block – Cikar-1 Prospect
West Papua IV Block – Cikar-1 Prospect Cikar-1 well • Projected drilling time of 60-70 days • Targeting large Miocene carbonate prospect Gross Prospective Resources, MMBOE Low Best High 119 380 1216 19
Slide 21: West Papua IV Block – Untung-1 Prospect
West Papua IV Block – Untung-1 Prospect Untung-1 prospect • Possible next well after Cikar-1 • Projected drilling time of 25-30 days • Targeting Pliocene clastic prospect
Slide 22: Exploration Indonesia Cendrawasih
Exploration Indonesia Cendrawasih 22 PSCs 7 JSAs in progress 30MM gross acres 21
Slide 23: Cendrawasih Block – Elang-1 Prospect
Cendrawasih Block – Elang-1 Prospect Elang-1 Cendrawasih Block • 4,991 km2 Elang-1 prospect • Possible next well after Cikar-1 • Projected drilling time of 60-70 days CEN 700 Top of secondary objective • Targeting Oligo- Miocene Clastics
Slide 24: Exploration Trinidad
Exploration Trinidad • 8 Blocks, 9 PSC’s NCMA 2 covering 2.5 million acres NCMA 3 Block 2(ab) Block 4(b) Central Range M/G Block Block 5(c) Guayaguayare 23
Slide 25: NCMA2 & NCMA3 Blocks
NCMA2 & NCMA3 Blocks • Multiple Pliocene and Miocene Block NCMA 2 prospects • Adjacent to Venezuela Border existing gas fields and infrastructure Block NCMA 3 24
Slide 26: NCMA-2 Proposed Prospects
NCMA-2 Proposed Prospects 25
Slide 27: NCMA-2 Miocene Fans Amplitude
NCMA-2 Miocene Fans Amplitude NCMA 2
Slide 28: Liquidity and Capital Spending
Liquidity and Capital Spending Niko is confident that cash generated from producing properties and proceeds from farm-outs, asset dispositions and other arrangements will provide appropriate ongoing liquidity to fund F2013 and F2014 business plan • Operating cash flow and cash on hand sufficient to
Slide 29: Liquidity and Capital Spending - Continued
Liquidity and Capital Spending - Continued • Borrowing base for credit facility could increase significantly due to: • Resolution of D6 natural gas pricing issue, and/or • Booking of current contingent resources as proved reserves • Potential capital spending in F2014 for development opportunities i
Slide 30: Conclusion
Conclusion • Near term reserve growth from discoveries already made at D6, NEC25 and Block 5c • Exploration potential on 43 million gross acres • High Impact prospects up to 50 over next 60 months, 6 over the next 8 months 29
Slide 31: Corporate Information
Corporate Information Edward Sampson Edward Sampson KPMG President, Chief Executive Officer Chairman Auditors William Hornaday Jim Cummings Computershare Chief Operating Officer Director Transfer Agent Glen Valk William Hornaday Edward Sampson Vice President Finance, Director Glen Valk Chief Financi
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