Pilot Energy Limited · ASX:PGY

Pilot Energy — Good Oil Conference 2015

14 slides from Pilot Energy's conference presentation, Sep 3, 2015

  1. Slide 1: Presentation to Good Oil Conference

    For personal use only Presentation to Good Oil Conference 3 September 2015 Iain Smith, Managing Director

  2. Slide 2: Disclaimer

    Disclaimer For personal use only This presentation may contain certain statements and projections provided by or on behalf of Pilot Energy Ltd (PGY) with respect to the anticipated future undertakings. These forward‐looking statements reflect various assumptions by or on behalf of PGY. Accordingly,

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot For personal use only Capital Structure (ASX: PGY) Share Register (at 2/9/15) Shares on Issue 1,585,476,834 No. of shareholders 1,574 Market Cap (@ 0.1 cents) A$1.6 mm Top 20 shareholders 47.4% Listed Options 108,164,528 Board shareholding 16% Financial Position (at 2/9/15) Net Ca

  4. Slide 4: Board & Management

    Board & Management For personal use only  New team brought in over past 18 months Gavin Harper Conrad Todd Non‐Executive Chairman Non‐Executive Director  Strong technical and 39 yrs experience 34 yrs experience Sino Gas & Energy Occidental commercial capability Chevron Cooper Energy  Experienced

  5. Slide 5: Strategy

    Strategy For personal use only  Create a leading junior E&P company, by developing a balanced portfolio of quality E&P assets  Focus on exploration of conventional resources  Countercyclical investment philosophy – position for industry recovery  Operator on new projects, to control schedule and

  6. Slide 6: Asset Portfolio

    Asset Portfolio For personal use only  New ventures program initiated 12 months ago has rapidly resulted in three new projects  Opportunistic acquisition of WA‐507‐P and WA‐503‐P  Recently announced farmin to EP416/480  Balanced portfolio in proven petroleum systems  Consistent low entry cost w

  7. Slide 7: WA-507-P: Company-making Exploration

    WA‐507‐P: Company‐making Exploration For personal use only  80% working interest (Operator)  Large block within Northern Carnarvon Basin gas province  Emerging oil play being pursued by industry  Pilot has licensed existing 3D seismic data on favourable terms  Three large prospects identified 

  8. Slide 8: WA-507-P: Oil & Gas Play

    WA‐507‐P: Oil & Gas Play For personal use only Well defined, very large prospects Dalia South‐1 W E Muderong Shale seal 300 metres off‐structure Mungaroo Sandstone Reservoir Jurassic oil source Seismic images shown with permission of TGS

  9. Slide 9: WA-507-P: Prospective Resources

    WA‐507‐P: Prospective Resources For personal use only  Independent prospective gas resource estimate by Gaffney Cline & Associates  Confirms significant gas potential within three distinct leads  On‐block potential of 10 Tcf gas (Best Case)*  Individual prospect potential up to 9.6 Tcf within bl

  10. Slide 10: WA-503-P

    WA‐503‐P For personal use only  80% working interest (Operator)  Transitional Work Program variation recently approved by NOPTA  3D seismic commitment now required by May 2017  Shallow water, along trend from multiple oil discoveries  Three prospects identified  Individual prospective oil reso

  11. Slide 11: Perth Basin: Farming in to EGO's EP416 & EP480

    Perth Basin For personal use only  Farming in to EGO’s EP416 & EP480  Earning 60% interest, as Operator  Low cost entry to exciting play  Local gas demand & infrastructure  Underexplored  Same geological formations exist as in the north Perth Basin  Large prospect identified on seismic  Best

  12. Slide 12: Alaska Situation

    Alaska Situation For personal use only  Legacy asset of 30% interest in Western Block, North Slope Alaska  Current Board regards the Alaska farmin of 2013 as ambitious in terms of schedule and work program  Farmin agreement and Joint Operating Agreement with Operator Royale Energy provided Pilot

  13. Slide 13: In Summary

    In Summary For personal use only  Revitalised and experienced Board with track record of creating value  Successful new ventures program has created an exciting project portfolio  Significant prospective resources being independently assessed  No value presently being recognised for assets  Boa

  14. Slide 14: Thank You

    For personal use only Thank You Iain Smith, Managing Director Tel:+61 412 638019 Email: ismith@pilotenergy.com.au www.pilotenergy.com.au

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