Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Pancontinental Oil & Gas NL — Investor Presentation (February 2007)
9 slides from Pancontinental Energy Nl's investor presentation, Mar 6, 2007
Slide 1: Pancontinental Oil & Gas NL Investor Briefing
PANCONTINENTAL 9@ OIL & GAS NL Investor Briefing PCL February 2007 a Corporate Summary Board of Directors ASX Code = PCL David Kennedy (Chairman) Andrew Svalbe (CEO) Issued Shares = 371 m Peter Munachen (Finance) Barry Rushworth (New Ventures) (+ 25 million unlisted options} Ian Cornelius (Non-execu
Slide 2: The Pathway to Success
The Pathway to Success Anadarko Woodside Woodside Enter Malta Origin & GOP Enter Kenya Exit L6,8,9 \ Enter Kenya aN AN \ \ NN AD ritin \ \ \ . aN NCEA \ i aN \ \ NW a Montn & eae Afrex-PCL 2007 Merger Corporate Strategy Targeting world-class exploration plays with |company-making potential: @high-re
Slide 3: Prospect Portfolio - Huge Potential
Prospect Portfolio- Huge Potential Un-risked Speculative Potential (Pmean Gross Oil Reserves) 2,500 Kenya 2,000 Malta 1,500 Morocco 1,000 Hardman, Australia Millions of Barrels 808 %\o , = % PCL Acreage January 2007
Slide 4: Malta - Low risk play fairway, adjacent to production
Malta - Low risk play fairway, adjacent to production. panes = Many fields in the same age rocks with 100’s of millions to billions of | barrels of reserves. = International border _ issues being worked vigorously at Ministerial level. Early resolution a win-win for all. = PSC terms 3 time better th
Slide 5: East Africa: An Emerging Region
East Africa; An Emerging Region m Majors active: ExxonMobil (XOM), Anadarko, Shell a Gas production and recent discovery in Tanzania a Gas export to S.A. from Mozambique = Close to Asian energy markets Kenya Farm-out Complete; Activity underwa Origin (ORG) operate Blocks L8 & L9 ¢ Earned 50% for US$
Slide 6: Stokes Bay-1 (EP 104)
Stokes Bay—1 (EP 104): “ Drilling being led by ARC Energy” m= ARC Energy mobilising Ensign Rig #18 to the Canning in late May 2007 m Stokes Bay-1 to appraise Point Torment gas & condensate discovery @ Top Anderson level. = Vaientine-1 to test deeper oil prospect @ Virgin Hills Fm level with 7OMMBO p
Slide 7: Baniyas (EP-424) and Morocco
ae EP 110 REP 424 oe a Baniyas (EP-424) | low risk exploratioi—-—— close to existing production = PCL equity in EP424 = 25% NS Strike Oit (STX) is Operat § Oil production infrastr 10kms north-west = Baniyas Prospect spec. potential (gross) P50 = 30 MMBO § Confirmed as a viabl x Anomaly mostly in EP4
Slide 8: Drilling Toward Exploration Success (Current Assets)
Eastern Mediterranean West Africd Africa PCL NV Focus Areas Eromanga Drilling Toward Exploration Success (Current Assets) Seismic Acquisition Drilling Activity 2008 2009 Project 2006 Australia Malta Kenya Morocco
Slide 9: Disclaimer & Confidentiality Notice
Disclaimer & Confidentiality Notice The information contained in this Presentation or subsequently provided to the Recipient of this Presentation whether orally or in writing by or on behalf of Pancontinental Oil & Gas NL {“PCL") or their respective employees, agents or consultants (“Information”) i
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