Lakes Blue Energy Nl · ASX:LKO

Lakes Blue Energy Nl — Lakes Oil N.L. — Shareholder Meeting (November 2009)

27 slides from Lakes Blue Energy Nl's shareholder meeting presentation, Nov 27, 2009

  1. Slide 1: Annual General Meeting 2009

    ANNUAL GENERAL MEETING For personal use only 2009 LAKES OIL N.L. ACN 62 004 247 214

  2. Slide 2: Disclaimer

    Disclaimer For personal use only This presentation Thi t ti i l d includes certain t i statements, t t t estimates ti t and d projections j ti with ith respect to the future performance of Lakes Oil. Such statements, estimates and projections reflect various assumptions concerning anticipated result

  3. Slide 3: Lakes Oil Board of Directors

    Lakes Oil Board of Directors For personal use only Robert Annells (Chairman), Barney Berold (Non‐Executive Director), Peter Lawrence (Non‐Executive Director), James Syme (Non‐Executive Director)

  4. Slide 4: Market Capital

    Market Capital For personal use only Total Shares on Issue Fully Paid 5,499,901,461 Partly Paid 36,500,000 Total 5,536,401,461 Market Price at Last Sale $0.008 Market Capitalisation Magazine $43,999,212 O i Options (Exercise (E i Price P i $0.015 $0 015 Expiry E i 9 Jan J 2013) 9 850 000 9,850,000 T

  5. Slide 5: Victorian Permits

    For personal use only Victorian Permits

  6. Slide 6: Otway Basin Tenement Locations

    Otway Basin Tenement Locations For personal use only

  7. Slide 7: PEP Prospect Locations

    PEP 169 Prospect Locations For personal use only

  8. Slide 8: Gippsland Basin Tenement Locations

    Gippsland Basin Tenement Locations For personal use only

  9. Slide 9: RL2 Gippsland Basin

    For personal use only RL2 Gippsland Basin

  10. Slide 10: Wombat – Refraccing

    Wombat 2 – Refraccing For personal use only Existing frac Effective length, Re-frac across height existing perfs: Greatly Increased height and effective frac length across tight gas sand

  11. Slide 11: Wombat – Refraccing

    Wombat 2 – Refraccing For personal use only

  12. Slide 12: Wombat – Refraccing

    Wombat 2 – Refraccing For personal use only

  13. Slide 13: Wombat – Refraccing Movie

    Wombat 2 – Refraccing Movie For personal use only

  14. Slide 14: Wombat – Flow Rates

    Wombat 2 – Flow Rates For personal use only Flow Rate at Shut-in: 1.427 mmscf/day

  15. Slide 15: Schematic Geological Section through the Wombat Field

    Schematic Geological Section through the Wombat Field For personal use only

  16. Slide 16: PRL2 Time Structure Map

    PRL2 Time Structure Map For personal use only

  17. Slide 17: Time Structure Map

    Time Structure Map Intraa Latrobe a obe Group G oup ((28Ma 8 a horizon) o o ) For personal use only

  18. Slide 18: Similarity Map – Top Latrobe Group

    Similarity Map – Top Latrobe Group For personal use only

  19. Slide 19: Similarity Map – Top Latrobe Group

    Similarity Map – Top Latrobe Group For personal use only

  20. Slide 20: Wombat SWC 1383.0m

    Wombat 4 SWC 21 1383.0m For personal use only

  21. Slide 21: Wombat Field

    Wombat Field For personal use only Independent Technical Assessment - Gas Initially In- Pl Place and dCContingent i G Gas R Resources**  Independent technical assessment by Gaffney, Cline & Associates confirms Lakes Oil’s view that the Wombat Gas Field is a highly g yp prospective p hydrocarbon res

  22. Slide 22: Greater Trifon Field

    Greater Trifon Field For personal use only Independent Technical Assessment - Gas Initially In- Pl Place and dCContingent i G Gas R Resources*  Independent technical assessment by Gaffney, Cline & Associates confirms Lakes Oil’s view that the Wombat Gas Field is a highly g yp prospective p hydrocar

  23. Slide 23: RL2 Total Estimated Reserves

    RL2 Total Estimated Reserves For personal use only Estimates of Gas-in-Place  RL2 contains other highly prospective gas fields, Wombat 700.0 bcf including: Gangell 375.4 bcf  Gangell Structure ‐ Trifon 559.5 bcf located NE of Wombat, independent estimated Baragawanath Anticline ??* gas‐in‐place vo

  24. Slide 24: Insitu Gas Resource Range of Values

    Insitu Gas Resource Range for the Wombat, Trifon, Gangell and North Seaspray field Values For personal use only Insitu Gas Resource Range of Values Values*  Independent asset evaluation of Wombat, based on a conservative insitu gas price of $0.30/GJ, determined a P50 value range for the Wombat Fiel

  25. Slide 25: Latrobe Field

    For personal use only Latrobe Field

  26. Slide 26: Potential

    For personal use only Potential

  27. Slide 27: For personal use only

    For personal use only

Lakes Oil N.L. — Shareholder Meeting (November 2009) on 6ix