Otto Energy Limited · ASX:OEL
Otto Energy — East Africa Oil and Gas Conference 2014
19 slides from Otto Energy's conference presentation, Aug 28, 2014
Slide 1: ASX Announcement – Conference Presentation / Otto at a Glance
28 August 2014 Manager of Company Announcements For personal use only ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement OTTO AT A GLANCE • ASX-listed oil and gas company with a strategy to grow its oil and gas business ASX ANNOUNCEMENT – CONFERENCE PRESENTATION across exploration,
Slide 2: East African Oil Exploration: a Personal and Company View
ASX : OEL For personal use only East African Oil Exploration a Personal and Company View Paul Senycia VP Exploration and New Ventures Otto Energy
Slide 3: Disclaimer
Disclaimer For personal use only This presentation does not constitute an offer to sell securities and is not a solicitation of an offer to buy securities. It is not to be distributed to third parties without the consent of Otto Energy Limited (the “Company”). This presentation contains forward look
Slide 4: First Steps in the East African Region
First Steps in the East African Region For personal use only Nov 1979 Pre- GPS, Mobile Phones, Airport Business Lounges The era of Telex, Land Rover, expensive or non existent international telecommunications. East African Oil Exploration was extremely frontier and low level. Infrastructure was in m
Slide 5: The Early Years 1940-1973
The Early Years 1940‐1973 For personal use only 1940-1973 Prior to the first oil price shock in 1973 oil prices were low, East Africa was seen as remote and unexplored. Most exploration activity was confined to field mapping, regional seismic and the occasional well. Geologists were focussed in the
Slide 6: The Middle Years 1979-1992
The Middle Years 1979‐1992 For personal use only 1979-1992 Oil Exploration in East Africa continued at a slow pace. Oil was discovered to the north in Sudan in 1979 by Chevron. Coastal gas was discovered at Mnazi Bay in Tanzania by AGIP in 1982. In hindsight the most significant discovery of the per
Slide 7: Build Up to Success 1992-2005
Build Up to Success 1992‐2005 For personal use only 1992-2005 Oil Exploration waxed and waned during the period. With a generally lower oil price frontier exploration was reduced by the majors and remote regions with limited infrastructure suffered the most. During this period East Africa was not in
Slide 8: Otto Energy Who Are They?
Otto Energy Who Are They? For personal use only Capital Structure 2010-2011 Fully paid ordinary shares 1.15b Unlisted options1 9.75m In April 2010 I joined Otto Energy in Perth, a small cap oil exploration and production company with assets Performance Rights 12.50m primarily offshore Philippines. S
Slide 9: SC14C Galoc Field: Reliable Production and Reserves
SC14C Galoc Field (Otto 33% Operator): Reliable Production and Reserves For personal use only • Successful delivery of major upgrade in 2013 underpins strong production performance in 2014 – six cargoes delivered in six months to June 2014 • Currently evaluating options for further exploration, appr
Slide 10: Otto's East African Search Begins 2010-2011
Otto’s East African Search Begins 2010‐2011 For personal use only 2010-2011 East African New Venture search commenced in earnest in late 2010. Surprisingly despite the now significant Neogene Rift Play discoveries in Uganda at Lake Albert, acreage in some adjoining countries in similar geological se
Slide 11: Otto's Tanzania Position is a Material First Step
Tanzania (Otto 50% WI): Otto’s Tanzania Position is a Material First Step For personal use only Exploration success and Otto acreage 2012 Lake Albert: Otto together with Swala Energy secures by direct Numerous oil discoveries with negotiation 50% interest in two greenfield exploration Tullow estimat
Slide 12: Otto's Tanzania Position is a Material First Step
Tanzania (Otto 50% WI): Otto’s Tanzania Position is a Material First Step For personal use only Otto acreage with key basin areas highlighted 2012 Moshi Otto and Swala (operator) acquires airborne gravity and magnetic data over both permit areas in Tanzania. Mvungwe Results suggest the presence of f
Slide 13: Otto's Tanzania Position is a Material First Step
Tanzania (Otto 50% WI): Otto’s Tanzania Position is a Material First Step For personal use only Otto acreage with 2013 seismic highlighted 2013 Otto and Swala acquire regional seismic data over their Moshi 5 separate basin areas: Mvungwe, Moshi, Kidatu, Kilosa and Kilombero. Mvungwe Significant Neog
Slide 14: Seismic indicates Kilombero Basin is analogous to the Lokichar Basin
Tanzania (Otto 50% WI): Seismic indicates Kilombero Basin is analogous to the Lokichar Basin in Kenya For personal use only Kilombero Basin appears analogous to Tanzania: Kilombero Basin Kenya: Lokichar Basin and the Lokichar Basin in Kenya exploration status • Kilombero interpreted as Airborne Grav
Slide 15: Kilombero Basin exhibits structural and depositional geometries similar to Lokichar
Tanzania (Otto 50% WI): Kilombero Basin exhibits structural and depositional geometries similar to those in the Lokichar Basin For personal use only Tanzania: Kilombero Basin Kenya: Lokichar Basin Source: Africa Oil The proven play trend in the Lokichar Basin, Kenya, demonstrates large structural hi
Slide 16: 2014 Infill Seismic Program in Moshi and Kilombero
Tanzania (Otto 50% WI): Otto’s Tanzania Position is a Material First Step For personal use only 2014 Infill Seismic Program in Moshi and Kilombero 2014 The Joint Venture will acquire detailing seismic in the Kilombero and Moshi Basins during Q3/4 2014 in preparation for drilling in 2015. Otto increa
Slide 17: Predicting the Future?
Predicting the Future ? For personal use only Exploration Blocks and Open Acreage 2015 The Joint venture plans to drill an exploration well in each of their two permits in Tanzania and given success the companies will be transformed from small caps to a mid caps overnight. Shareholders will be delig
Slide 18: What Have We Learnt So Far?
What Have We Learnt So Far ? For personal use only In East Africa as an Industry we are just getting started East Africa both on and offshore is a very under Exploration success by Tullow and Africa oil explored region with approx 400mmboe 2C discovered to date. During 2012-13 a significant amount o
Slide 19: Thank You
For personal use only THANK YOU Otto Energy Ltd 32 Delhi Street West Perth Western Australia 6005 Telephone: +61 8 6467 8800 Facsimile: +61 8 6467 8801 info@ottoenergy.com 1
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