Pilot Energy Limited · ASX:PGY

Pilot Energy — Investor Presentation (April 2016)

14 slides from Pilot Energy's investor presentation, Apr 7, 2016

  1. Slide 1: Corporate Presentation: Positioned for Growth

    For personal use only Corporate Presentation Positioned for Growth April 2016

  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: Cornerstone Investment

    Cornerstone Investment For personal use only  Pilot has entered in to a Share Subscription Agreement (SSA) with four new investors  Raising $3.6 million in two tranches  Priced at a premium of up to 100% of the 30 day VWAP (at last close prior to signing agreement)  $800,000 in Tranche 1, at 0.2

  4. Slide 4: Proposed Board & Management

    Proposed Board & Management For personal use only Directors Board Advisors  Existing team remain in place Gavin Harper Rory McGoldrick Chairman Board Advisor, Commercial &  Two incoming directors 39 yrs experience Sino Gas & Energy Legal 15 yrs experience Chevron Legal practice  Mr Benson Wong to

  5. Slide 5: Strategy

    Strategy For personal use only  Build a leading junior E&P company, by developing a diverse portfolio of high quality exploration and production assets  Counter-cyclical investment strategy, ahead of next industry upturn Conventional resources in Increase asset value through Maintain a low corpora

  6. Slide 6: Current Asset Portfolio

    Current Asset Portfolio For personal use only  Interests in 5 permits across 4 projects  All projects located in proven petroleum provinces within WA  Excellent portfolio diversity  Oil & gas  Offshore & Onshore  Acquisitions achieved with minimal cash outlay Western Australia  Favorable comm

  7. Slide 7: WA-507-P: Northern Carnarvon Basin

    WA‐507‐P: Northern Carnarvon Basin For personal use only  80% working interest (Operator)  Large block within Northern Carnarvon Basin gas province Statoil: WA-506-P  Emerging oil play being pursued by industry  Licensed existing high quality 3D seismic data on favourable terms  No other signif

  8. Slide 8: WA-507-P: Seismic Example

    WA‐507‐P: Seismic Example For personal use only Well defined, very large structural prospects Dalia South‐1 W E Muderong Shale Dalia South‐1 seal drilled 300 metres off‐ structure Mungaroo Sandstone Reservoir Jurassic oil source Seismic images shown with permission of TGS 7

  9. Slide 9: WA-503-P: Inboard North West Shelf

    WA‐503‐P: Inboard North West Shelf For personal use only  80% working interest (Operator)  Located in shallow water on Legendre oil trend  Three prospects identified on existing 3D seismic data  Prospective resources independently confirmed by GCA  80km2 3D seismic commitment required by May 20

  10. Slide 10: EP416 & EP480: Southern Perth Basin

    EP416 & EP480: Southern Perth Basin For personal use only  Operator and 60% working interest  Permits located in southern Perth Basin  Prospective for gas, in area of significant demand  Large area with existing seismic data and three wells  Wells confirm required geological elements for signif

  11. Slide 11: EP437: Northern Perth Basin

    EP437: Northern Perth Basin For personal use only  13% working interest  Located in northern Perth Basin, on trend with multiple oil & gas discoveries  Prospective for both oil & gas  Three prospects identified, all updip from Dunnart‐1 & 2 wells EP437  Proximity to infrastructure enables even

  12. Slide 12: Portfolio: Prospective Resources

    Portfolio: Prospective Resources For personal use only Permit Oil/Gas Low Case Best Case High Case WA-507-P2 Oil 604 MMBbl 1,581 MMBbl 3,600 MMBbl WA-507-P2 Gas 4,030 Bscf 10,047 Bscf 21,099 Bscf WA-503-P3 Oil 16 MMBbl 46 MMBbl 107 MMBbl EP416/4804 Gas 90 Bscf 270 Bscf 600 Bscf EP4375 In progress No

  13. Slide 13: In Summary

    In Summary For personal use only  Experienced team with solid track record and “skin in the game”  Delivering against a clear growth strategy  Well‐funded with low corporate cost base  Significant prospective resources offer company‐making potential  Focus on unlocking significant value from ex

  14. Slide 14: Contact

    For personal use only Contact Media and Broker Enquiries Iain Smith Luke Forrestal/Andrew Rowell Managing Director Cannings Purple Pilot Energy Limited T: +61 8 6314 6300 T: +61 9423 3200 E: lforrestal@canningspurple.com.au E: ismith@pilotenergy.com.au arowell@canningspurple.com.au www.pilotenergy.c

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