Otto Energy Limited · ASX:OEL
Otto Energy — Ottoman Energy — Corporate Update (August 2006)
10 slides from Otto Energy's corporate update, Aug 3, 2006
Slide 1: Audio Broadcast cover letter to ASX
03 August 2006 Manager of Company Announcements Australian Stock Exchange Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement AUDIO BROADCAST Ottoman Energy Limited wishes to inform the market of an audio broadcast with Dr Jaap Poll, MD who will be discussing “Excellence in Energy Upstr
Slide 2: Corporate & Project Update
CO RPORAT 'E & PR )JECT UPDATE Jaap Pott Managi rer Director : - August 2006 i © This presentation does not constitute an offer to sell securities and is not a solicitation of an offer +o buy securities. it is not to be distributed to third parties without the consent of Ottoman Energy Ltd. (the “Co
Slide 3: Shares and Options; Thrace Basin location
Shares Options (20c/1 Dec 06) issued 58,096,250 37,491,250 2,500,000 Rights Issue 1:2 29,048,125 14,524,062 100% NorAsian 15,000,000 7,500,000 102,144,375 59,515,312 2,500,000 NOTE: 1. 2 M options (1 M @ 25c +1M @ 30c 1/12/07} - to MD 2. 2M shares + 1 M options (20c, 1/12/06} on re-entry of Calauit
Slide 4: Why Turkey and the Thrace Basin?
ro) Why Tu rkey and the Thrace Basin? _ Proven hydrocarbon province with ready energy market High gas prices US$6+ (double Australian prices) Low Government take (royalty 2.5%, corp. tax 20%) Simple gas composition requiring minimal processing “Exploration friendly” environment (shallow targets, goo
Slide 5: Bati Umur-1 gas discovery
Bati Umur-1 gas discovery December 2006 THE PHILIPPIN Users Satellite Photo - Philippines Licence Map of Philippines ISOC al
Slide 6: Why offshore Philippines?
© Why offshore Philippines? proven hydrocarbon provinces with nearby energy markets a well respected management team of Philippine nationals in Manila low sovereign risk {Shell operates largest oil/gas field} renewed interest by foreign companies such as CNOOC, Tap, Yilgarn etc. © Ottoman is acquiri
Slide 7: Calauit production profile and SC51 location map
Dr. Andrew Wadsley - Curtin University (OPR, WPR} Production Rate bbl/d Calaur' OPT Cumulative Oil Production (MMbb 1} Three Well Development OW Production Profile (Oil Gravity 23.7 APH OPR & ail production rate: WER & water yarendstation vate: (MY ~« commutative ait probated WGAYS BES VALLABA-IST E
Slide 8: The Philippines: SC55 ultra deep water blocks
THE PHILIPPINES Ge, ay Pg gl, | Yptnny, lata fy, ype! | pttany, “prasad wep hy, PROS Got) a” 6 ae) a: vA a GLA A) Oe te a LT continued SC55, Ultra Deap Water Blocks multiple play-types & leads identified sah Yo SEISHIC SECTION SC 61 Seismic Section showing Argac & Cabilao Prospects with hydrocarbon
Slide 9: SC56 ultra deep water and onshore Argentina
in the main oil fairway on trend with’ Malarnps discoveries madé by Murphy & Shell-Con Oil Seeps, Gas Chimneys & Bright Spots indicate an active hydrocarbon systern. There are at least four Giant Leads & Prospects on SC565 that will be further defined by new seismic in mid 2006. In addition there is
Slide 10: Balanced E&P portfolio in proven oil & gas basins
Ottoman has built a balanced E&P portfolio in proven oil & gas basins. © LOW RISK - GOOD REWARD Conceptual profile showing source beds in bt 6, Jocation of existing oil fields in : western part of basin and likely migration paths eastwards towards Santa Rosa dome Onshore Thrace Basin Licences - high