Central Petroleum Limited · ASX:CTP

Central Petroleum — Investor Presentation (October 2015)

13 slides from Central Petroleum's investor presentation, Oct 27, 2015

  1. Slide 1: It's Time… The Domestic Gas Company – NEGI is Now

    Central Petroleum Limited For personal use only (ASX: CTP). It’s Time…. The Domestic Gas Company – NEGI is Now 26 October 2015.

  2. Slide 2: Disclaimer

    Disclaimer For personal use only 1.This presentation is not intended for prospective investors and does not purport to provide all of the information an interested party may require in order to investigate the affairs of Central Petroleum Ltd (“Company”). This presentation does not attempt to produc

  3. Slide 3: Corporate Profile

    Corporate Profile For personal use only Central Petroleum Limited (“Central”) is an oil and gas explorer and producer with technical expertise over the on-shore basins of Central Australia. • Listed on the Australian Securities Exchange (“ASX”) on 3 March 2006 • 368,718,957 Ordinary Shares on issue:

  4. Slide 4: Central's Operations

    Central’s Operations For personal use only • Central has aggregated vast exploration acreage and producing assets located over the key oil and gas basins in Central Australia • Prior to last year’s oil price collapse, Central began a transition from an exploration company with oil production, to the

  5. Slide 5: Central's Asset Portfolio

    Central’s Asset Portfolio For personal use only Central has 2 major Joint Venture  Total  Santos ~$350M over three phases Central retained over 50% of its exploration acreage on a 100% basis - Prime gas exploration potential near infrastructure benefiting from a NEGI Pipeline Amadeus Basin Produci

  6. Slide 6: North Eastern Gas Interconnector (NEGI) Pipeline

    North Eastern Gas Interconnector (NEGI) Pipeline For personal use only • Connecting the gas market in the Northern Territory with the Australian East Coast gas market. • In October 2014 the Council of Australian Governments (COAG) agreed that connecting the Northern and Eastern Australian gas market

  7. Slide 7: Central – a growing gas supplier

    Central – a growing gas supplier For personal use only Infrastructure Gas Pipeline • Three gas fields, connected to customers Infrastructure (Mereenie, Palm Valley & Dingo) Current Reserves (equity accounted) CURRENTLY • 171 PJ of 2P (without market constraint) • 60 PJ of 2C Production Capacity (equ

  8. Slide 8: Gas Acceleration Program (GAP)

    Gas Acceleration Program (GAP) For personal use only 1. Appraisal-Development Initial reserve base, 2P reserves (Petajoules) and target volumes support NEGI FID  Mereenie, 123 2P  420 PJ target (gross JV)  Palm Valley, 24 2P  54 PJ (achieved with market)  Dingo Field, 29 2P  56 PJ (2P+2C#)  1

  9. Slide 9: Exploration Growth Beyond 1,000 PJ

    Exploration Growth Beyond 1,000 PJ For personal use only Initial reserve base support NEGI FID NEGI construction phase 4. Exploration Target Areas • Southern Amadeus (Santos-Central JV and Central 100%) • South Georgina (Total-Central JV) NEGI expansion / tail • Wiso Basin application areas (Central

  10. Slide 10: Technical Reserve Work Underway

    Technical Reserve Work Underway For personal use only • Earth Model complete and audited • Simulator complete and history matched and reviewed by certifier • Assumes reasonable ramp up, 0 skin, reasonable bottom-hole pressure 500psi • Only contains Pacoota P1 and P3 • Has identified upside in Stairw

  11. Slide 11: Central is poised to be the major foundation gas supplier into NEGI

    Central is poised to be the major foundation gas supplier into NEGI For personal use only • Existing Infrastructure PJ Cumulative Reserves Growth Plan • Uncontracted Gas Reserves • Installed Production Capacity • Gas Storage Capacity • Reserves growth plan underway • Exploration/Appraisal targets id

  12. Slide 12: Key Economic Considerations

    Key Economic Considerations For personal use only • Operations underpinned by ~4.4PJs/year (equity accounted) under long-term, fixed price (CPI indexed) gas contracts – Over 75% of current revenues from gas with no impact from oil price volatility. Increases to over 90% of revenues from fixed price

  13. Slide 13: Contact Us

    Contact Us For personal use only Richard Cottee Managing Director © 2015. All rights reserved. Central Petroleum Limited | ABN 72 083 254 308 | centralpetroleum.com.au Central Petroleum Limited | ABN 72 083 254 308 Ph: +61 (0) 7 3181 3800 | Fx: +61 (0) 7 3181 3855 Level 32, 400 George Street, Brisba

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