Key Petroleum Limited · ASX:KEY

Key Petroleum — Non-Deal Roadshow (June 2018)

20 slides from Key Petroleum's roadshow presentation, Jun 20, 2018

  1. Slide 1: East Coast Roadshow

    For personal use only East Coast Roadshow 20 June 2018

  2. Slide 2: Disclaimer

    Disclaimer The information in this presentation is an overview and does not contain all information necessary for For personal use only investment decisions. In making investment decisions, investors should rely on their own examination of Key Petroleum Ltd and consult with their own legal, tax, bus

  3. Slide 3: Refocused Oil and Gas Explorer

    Refocused Oil and Gas Explorer  Company restructured to have development and exploration portfolio that reflects optionality and flexibility For personal use only to adapt to and mitigate longer term commodity and capital cycles  Envious position with potential to supply east coast gas markets, ta

  4. Slide 4: Relevance to East Coast Gas Market

    Relevance to East Coast Gas Market  ATP 920/924 cover 1.3 million acres for conventional gas exploration For personal use only  Northern Gas Pipeline scheduled to be completed shortly  Mt Isa gas customers currently satisfied with gas supply coming from the south via the Carpentaria Gas Pipeline

  5. Slide 5: Cooper Eromanga Basin Focus

    Cooper Eromanga Basin Focus P ermian edge  The Cooper Eromanga Basins are For personal use only home to the most important onshore petroleum and natural Oil fairway gas reserves in Australia. Over 6 TCF gas and 300 mm bbls of oil have been produced Basin centred gas fairway  Overall there are 160

  6. Slide 6: Permian Toolachee Gas Fairway Map

    For personal use only Permian Toolachee Gas Fairway Map ATP-920 Pre-Permian Inliers Tanbar North-1 Redefined Permian Edge (Inlier Model) Taj 3D ATP-924_1 Marama-1 Permian Edge (supplied by Beach) Maroochydore-1 Clinton-1 Hurron 3D Marengo-1 ATP-924_3 Gilpeppe-2 ATP-924 Marengo South-1 Whanto-1 ATP-9

  7. Slide 7: Cooper Eromanga Basin Assets – ATP

    Cooper Eromanga Basin Assets – ATP 924  Acreage lies between the Inland and Cook Oil Fields and surrounds the For personal use only Marengo Gas Field complex  Initial work programs focused on oil in the Jurassic, Key has now focused work on the Permian gas fairway which is underexplored and has ex

  8. Slide 8: ATP 3D Defined Permian Targets

    ATP 924 3D Defined Permian Targets Permian canyons within play fairway – direct analogue to nearby Barrolka Gas Field For personal use only Mooloolaba 4 CO Combined ~20 km2 (Toolache) closure Abernethy 3 Hutton Alfajor Afghan Abernethy Afghan 2 Alfajor Toolachee 1 Permian Isochore 1 2 3 4 Barrolka-1

  9. Slide 9: ATP Triassic Targets

    ATP 924 Triassic Targets Multiple targets in three undrilled structures all with bypassed stratigraphic potential Gilpeppe-1 Maroochyore-1 For personal use only Max Mag Amplitude Hurron 3D CO Abernethy Afghan Alfajor Alfajor Afghan Abernethy Hutton DST-1 Maroochyore-1 DST-2 Amplitude Oil anomaly sho

  10. Slide 10: ATP 3D Defined Permian Target: Taj Area

    ATP 924 3D Defined Permian Target: Taj Area  Large 3D defined prospect with multiple targets. For personal use only  Pre-Jurassic thinning defines early structure.  Amplitudes at Permian level consistent with thin channel stratigraphy. NW SE SW NE Taj Prospect Taj Prospect CO Taj 3D Taj Hutton Pr

  11. Slide 11: Cooper Eromanga Basin Assets – ATP

    Cooper Eromanga Basin Assets – ATP 920  Overlies the north-east edge of the Jurassic to Cretaceous Eromanga Basin For personal use only and the northern edge of the Permian to Triassic Cooper Basin  Multiple play types – Jurassic oil, Triassic and Permian gas  Nearby Marengo, Barrolka and other g

  12. Slide 12: Cooper Eromanga Basin Assets – ATP

    Cooper Eromanga Basin Assets – ATP 783  Overlies the Jurassic to Cretaceous For personal use only Eromanga Basin and Permian to Triassic Cooper Basin.  Oil recovered on test from four local wells: Earlstoun-1, Chandos-1, Cumbroo-1, Cooloo-1.  Identified potential for flank gas play within Permian

  13. Slide 13: Cooper Basin Summary

    Cooper Basin Summary  Immediate focus is on conventional Permian gas targets nearby to Barrolka and Marengo For personal use only  A large 3D seismically defined area within the Permian fairway exists with wells nearby having recovered gas from the same sequence  ATP 924 3D and 2D seismically def

  14. Slide 14: Exploration and Development Summary

    Exploration and Development Summary  “Northern Gas Opportunity” in ATP 924 has 3D seismic coverage and is within defined Permian fairway - high graded as a drilling candidate. For personal use only  ATP 924 3D and 2D seismically defined Permian areas have prospective resource estimates of 133 – 32

  15. Slide 15: Onshore Perth Basin – L7/EP437

    Onshore Perth Basin – L7/EP437  Underexplored northern margin of Perth For personal use only Basin with proven hydrocarbon traps (Wye-1 and Mount Horner).  Infill and near field oil potential at multiple levels. Top F sand Depth Structure Map (CI: 5m) Depth (m) Mount Horner Schematic Section

  16. Slide 16: Geochemical Anomalies in L7/EP437

    For personal use only Geochemical Anomalies in L7/EP437  Historical surface geochemical data recently integrated into the regional North Perth Basin model that has anomaly over Mt Horner Oil Field  Anomalies observed south-east of Wye-1 over the Wye Knot prospect and south-west of Wye-1 over the B

  17. Slide 17: Offshore Perth Basin

    Offshore Perth Basin  Dunsborough area interpreted to be directly analogous to recent large For personal use only Dunsborough oil discovery onshore gas discovery at Waitsia. 6 MMbbl (2C) Dongara Gas Field Bootenal Prospect 450 Bcf (2P) Waitsia Gas Frankland gas Field discovery WA-481P 865 Bcf (2P)

  18. Slide 18: Corporate Strategic Goals

    Corporate Strategic Goals New Ventures Onshore Perth Basin Offshore Perth Basin Cooper Eromanga Basin (New Basin) For personal use only • Resource Estimates for L7 • Prospective resource • Ranking of 2018 drilling • Complete Reprocessing estimates for oil and gas candidates of 2D and 3D to de-risk p

  19. Slide 19: News Flow

    News Flow  Updates to Prospective Resource Inventory for Cooper For personal use only Eromanga Basin ATP’s.  Commerciality and potential Gas Offtake/MoUs.  Work Program Commitments for Cooper Eromanga Basin Assets.  Gas exploration strategy in Cooper Basin including timing of drilling and potent

  20. Slide 20: For further information please contact

    For personal use only For further information please contact Mr Kane Marshall Telephone: +61 (0) 8 9381 4322 Email: investors@keypetroleum.com.au Website: www.keypetroleum.com.au Follow Us On

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