Melbana Energy Limited · ASX:MAY
Melbana Energy — RIU Good Oil Conference – Investor Webinar 2020
12 slides from Melbana Energy's conference presentation, Jul 21, 2020
Slide 1: RIU Good Oil Conference – Investor Webinar
Melbana Energy Limited RIU Good Oil Conference – Investor Webinar MELBOURNE, AUSTRALIA (21 JULY 2020) Melbana Energy Limited (ASX: MAY or ‘the Company’) will be presenting at the Oil & Gas Investor Webinar at 1.30PM AEST today, 21 July 2020. Executive Chairman, Andrew Purcell, will present a short u
Slide 2: Corporate Overview
Corporate Overview 20 July 2020
Slide 3: Disclaimer
Disclaimer Forward-looking Statements and Resources Summary of information: This presentation contains general and background information about Melbana Energy’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information t
Slide 4: Company Overview
Company Overview Company Data 12 Month Share Price Performance 0.014 35 Listed 1998 0.012 30 Exchange ASX (“MAY”) 0.010 25 Shares on issue ~2,317 million VOLUME (MILLIONS) 0.008 20 SHARE PRICE Options/Rights ~108 million 0.006 15 0.004 10 Market Cap (20 July 20) ~A$18.5 million 0.002 5 Cash (31 Mar
Slide 5: Projects Summary
Projects Summary Cuba - Block 9, 30%1 USA • Onshore block in Cuba’s northern fold belt trend USA USA • Potential of ~14.8 billion barrels of oil in place, Cuba recoverable Prospective Resources of 676 million barrels Block 9 of oil2 Santa Cruz IOR • 70% interest granted to Sonangol (National Oil Com
Slide 6: Cuba – Why?
Cuba – Why? • Under-explored • Huge oil potential • Produce half of domestic needs • Investment climate − No evidence of corruption − Government support for oil industry − Tax rate − Tax holiday • Good local infrastructure • Educated workforce • Early mover advantage achievable • Aligned with techni
Slide 7: Partnership with Sonangol
Partnership with Sonangol Cuba - Block 9, 30% • Binding agreement signed with Sonangol in USA December 2019 • Sonangol is the National Oil Company of Angola – Africa’s second largest producer - with more than $40 billion in assets, 13,000 employees and production ~1.3 million bopd • Sonangol has agr
Slide 8: Cuba – Block 9 PSC (Melbana 30%)
Cuba – Block 9 PSC (Melbana 30%) Cuba - Block 9, 100% • Onshore block in Cuba’s northern fold belt trend USA • Potential of ~14.8 billion barrels of oil in place, recoverable Prospective Resources of 676 million barrels of oil1 • PSC awarded in 2015 for 25 years • 19 individual leads identified in c
Slide 9: Cuba Block 9 – 19 Leads in Conventional Play
Cuba Block 9 – 19 Leads in Conventional Play Priority drill targets identified – Alameda, Zapato & Piedra 8
Slide 10: Cuba Block 9 – Alameda Prospect
Cuba Block 9 – Alameda Prospect Multi-target exploration drilling opportunity close to historic oil recoveries • Primary objective in depth range from 3,000 to 3,700 metres • Marti-5 (drilled 1988) recovered lighter oil (24°API) and had oil shows over a 850 metre gross interval from the Alameda obje
Slide 11: Cuba Block 9 – High Potential Zapato Prospect
Cuba Block 9 – High Potential Zapato Prospect Multiple structures with hundred million barrel exploration potential • Zapato Prospect is a large structure targeting fractured carbonate objective • Close to the shallower Motembo oil field which historically produced high quality light crude, demonstr
Slide 12: Melbana Energy Limited contact details
Melbana Energy Limited ABN 43 066 447 952 Level 3, 350 Collins Street Melbourne VIC 3000 AUSTRALIA Contact Andrew Purcell Telephone: +61 (3) 8625 6000 Executive Chairman Facsimile: +61 (3) 9614 0660 andrew.purcell@melbana.com
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