Strike Energy Limited · ASX:STX
Strike Energy — Strike Oil — Investor Presentation (November 2006)
34 slides from Strike Energy's investor presentation, Nov 13, 2006
Slide 1: Company Presentation - November 2006
G Strike Oil 13 November 2006 Australian Stock Exchange Ltd Via Electronic Lodgement COMPANY PRESENTATION — NOVEMBER 2006 Please find attached a Company presentation on Strike Oil Limited activities. Yours faithfully SIMON ASHTON Managing Director - Strike Oil Limited Further information: Strike Oil
Slide 2: SASS
<< SASS
Slide 3: Track record of discovery and team
2003 Discovered 250 Bcf gasfield offshore Otway Basin 2004 ASX Listed CSG assets in Comet Ridge Limited 2005 Discovered 30+ Bcf scale Mesquite gasfield onshore Texas 2006 Gas/condensate production initiated in USA | Team of proven oil and gas finders Offshore and onshore operating capability 2006 AP
Slide 4: Continuing the Track Record of Discovery
Slide 5: Oil
Oil GFstrike a
Slide 6: Areas of Activity
i cH A ivity — of Act reas \ s ND GA JOR OILA MA UR EGIONS IN FO G RE = ‘ ODUCIN POS! PR EAGE ACR RGE edi ont en)
Slide 7: LOLOL CTE. NPL ESRUUN RAR O AIEEE IBV INCU I ROSE IBUL SAG INAS
LOLOL CTE. NPL ESRUUN RAR O AIEEE IBV INCU I ROSE IBUL SAG INAS IA IAUA EDU DRILL HEART MN AGH URS UNGER TONAL tu Cin OLA a a Lon) am i h,rLhhrrFrrtC—C“—*éi‘“‘“‘“‘“‘(‘(‘(‘(‘“(‘(‘“‘(‘(‘“‘i‘<‘i‘i‘i‘i‘é‘i‘(éc(E]C)S#S;S[.)h()U™U™UC™C™COC~C —rt—“—i™~—O—O—O—O”CUCOCOCOCOCOCOCOC~*~C:*~S:*;*:S:*=s*s ss Fs, E
Slide 8: LYCANS BG
LYCANS BG ~—s L. a oF URES Mn oe , LO ee #§#&»3»3§=—_D Le. > = —rs—ees<sCsés—SsSs ee A, oy i LEE ESR ae yy ee a Biecavence ca os apis pie Derey Le hh hhLhOCUrCOCOCOCLlLLULUL”rCUrCLrCrrCOCCF - #& #}7©&=©=7©7©»»©«©=CT)N)}dsB§8#a TL #&#&73737&7;737:€&CD A4000hmhm™mU™m™mrmrCO a MO L = RU OG SO, . a _ Ze
Slide 9: Mesquite Project
SUE ie oe es ject |. UN . ET I Ge sn NRINNGeRee — ey ey ay ee Se Lo YO We ie ae profitabl 7 LG OT ee Te ae D Ee a 7 Bae pe Le aE ae = =—erere—e Z cc DEE be é ii yo | LE WED sate disc — conden 2 ery Bike Le Bee 0 LL a Nee Cl ye i ee ye rT —rr—— ee .. a J Foe Va —in ¥ EP Meee, @ 2 | Le Le alee i Tie V
Slide 10: Mesquite Project Field Operations
CMO EELS LLL LEE LE DES EE EELES SE Oe Lo LLL Do OU ER EEL SIE. j te Pr LUE yl Lo SE Wee ee CC 8 FH SCN TE oa ey ae ei ij lesqui yp yp = iy =e | >, e Pre TA nl II ar We ee LD y if es ise i Hi WI Ls Sg SOY PEE SI SOWA REE EEE —r—“‘“_O_O_ Vi yy yey Wy. | | Z| | Proposed | ey | __ Shefcik 2 77 V7 iy 7
Slide 11: Mesquite Project - Schematic Structure Cross-Section
Mesquite Project — Mesquite Project - Schematic Structure Cross-Section Prop. Sheicik 2. Shefcik 1 Shefcik 3 Webernick 1 Weberick 2 _— 100" | Ml | (350m) a Wilcox Formation WE Producing Gas Zone Productive Gas Zone — Waiting on testing Well Status P Untested Gas Zane 10 Nov 2006 =-=PRODUCING Wi LLS_
Slide 12: Mesquite Project - Expansion
=. i i, Ce Hf La, Le We Le a ey at rojec t - F ion i ie j Ui ro: Cl Yee iy ey id yt roject tor By ay YY oOri—=NC a Ln 0 IE — MOTE OEE OES es se Lie ee — ~~ fe 2. Le Ae LU ee a LD Ly, a ly , A ick 2 2 Vi . VO. YY TIE 2 VA IO VU A VY 77 Vy, Ve : Vy es VO We VAIO Ye ‘ VA a He VY A | ee iy A q Vee YU ae
Slide 13: Oil
Oil co iS MS
Slide 14: Ty HG i if —
. ae — 7, Hh Ty HG i if — _ — CC a oC . Le cL ~—<(Ca<~s;~i;~™~:séi‘<SéS~Ss ee Le LUE UT OL ISTE OY REE LEE Le : Lae UTNE Le a VO ann GH, he, ie __+ Three major onshore eee | 5 | ae 4 ata Pap Ye Ey ni en Bip Ie a . yy LAY Ls = We oo LLU BR, CY a Le Bie oe Sy . Lee ay ge ie Jefined with 4D Tene NT d W
Slide 15: Gulf Coast Wilcox Structure
OM EOE LEE EEE LEE: YE OE ED YU Gee GIT ae MES NU NN ILIA SION LSM MS DOG ELLE EEE ELEGANS ON ee A 8 ME OO 7 oe Le 7 Sg UNT OOSE @ FN: ML Le Tob Hig i) 7 ae i i i y yi y Lge Gulf Co oas ay a um .—”rtsrsti— y oe i ee ol A ME Wie y oo A Ue 5 ee ses Wilcox. ructure DO YL LLL LILI Proposed Well cya vey
Slide 16: ASS SCS AUC NOL UMUC pC D SOULE ELE EEE EEL ESTEE EA EDGES.
ASS SCS AUC NOL UMUC pC D SOULE ELE EEE EEL ESTEE EA EDGES. Lh hTCOUhT”””CU™UOU™,”CCCPCPN"E"EN“=—e 7 - 8 - a erat Cue "ta Bay _ ya ER Ae Tee ue yy, i LU I ey Uy), Lo Ye pee pyle ee ee CO eee ener ee ien, fe717 lll es 7 ; Oo y js Bes ae yy — ae Ru ps yy iy 7 Yee yy ie GG ye SELLE LL EI — Wi, D LGM EE
Slide 17: OM LE LE ES SEE EE ELE EES ELE GEE LEED ED ELE DEEDES
OM LE LE ES SEE EE ELE EES ELE GEE LEED ED ELE DEEDES ESE POSER MERLIN ATT SILOS YL I I YO EOE EEL OEE EEE EEE EOE, YY FP Vy Ag an ELEC OA Ge LA oC Do ek aS coe ee | as j ‘ _ e yy semionsssy camera ee ay =~ he CFcC tC a Vg Le ae = = hrc lrrCrt“‘“#’#ESCOCOCOCOC#C(N | hrrt“(‘(C(C‘(C‘C(Ci‘é‘C(a‘é‘é;é(a
Slide 18: LM OLE EEE LE LEE LL EEE EEE EEE EEE ELE ELL LEE LLL
LM OLE EEE LE LEE LL EEE EEE EEE EEE ELE ELL LEE LLL EEE EEE EEE LD ay le a Uo OE EO EE YO A ea LOL ay | yy CEPT es UP BG Mor Gigs iy, A a gaa Nl iy Se i His y ge DAT PTE Ni — = s ay OY y RES Te YE: Bee Ry Ra ae oss sana years —r—“‘“‘—C—C—C—C—~—~—~—“~é—h—Frhrti‘“—SCCt—t—t—*—s—s—OSsS LOM YY Le WUE EE
Slide 19: ILL
ILL RING TO DR on ‘ MPLETED AND PREPA ja Ba co g hiC roman SEIS ol r/E e ‘oop Cc
Slide 20: Cooper/Eromanga Basin Activity
OL SSIS DAN UP aL EE UDO OEE ELE SLES SRE GAUGE SM TOE ROUIIRE IEEE EEE ELE EEE EEE a TI EO Ee se Gi oe Be ~ ~ ge oper/Eromanga B asin - 1 ai i fit oman Bas ae A ies j ooper/ = Gee inga Oe eee Activ Le J e ne — ye a Be oy Lio. WG UE — SSS i oo Ye i ie ie Uy, i DD Z 5 oe | & &7;»&»=—C _ 2 lL 5 CLL LL
Slide 21: Cooper/Eromanga Basin drilling early 2007
= SOR RMR LO LO EEE LTR MANO SOU OL EEE ee Le GD Le eas LL ne es UC eC EEE. as in La mlica Hy te oO BBE. LOE TE Vee RAG ie asi TE ‘il l UO r/ ; (oma y 7 Ue ooper /Er es nga Ty eH i... Ly), Hy ee i ie LEE OEE Ie Yee ye Fee (i &##=>°= = =—Cr—————S—M—hMhshesessssS—COCOCP'7’. L eo TI aon ce ie SSee=
Slide 22: i ,LhLrhrrtCrOOCOCstOtsC“‘=‘=“(;RROOCOUOUOUOUC;”;OCtC*t*#sCs*ié‘(’éyéysSOCOCtrtétsC‘(’TeysCOsSSCSCSs
i ,LhLrhrrtCrOOCOCstOtsC“‘=‘=“(;RROOCOUOUOUOUC;”;OCtC*t*#sCs*ié‘(’éyéysSOCOCtrtétsC‘(’TeysCOsSSCSCSs err l.C™CO™r—“—“‘“#EEENRNCCCOUOUCOC arnarvon FB POO y Pa UR ES EE TERS UIMUI GM AEP IGS OD ROL OE SO MEE EL LS UMNO EA) E oe Le ,rC—“#ECWC CCC ne Mey . ey oe Lo ee he Lape Te We yy a pepe oy 9 i# .@#
Slide 23: LMM LL OLLIE DEES: EB IY, PSS CN ESRD te AU NG,
LMM LL OLLIE DEES: EB IY, PSS CN ESRD te AU NG, Ss LUSIONG Res OOK ie LO Mie i Le ey ee Le Ge Te: pe MG RE UT Cae Uae Bes eve. LS y 8 a i ECE Sb CLE Ee Lhe k bi Le i ea) upped, Ly L, i LO Cs. ey i ee he He Fae as ji _ — YY ye Wee VLE ye Sy ages Co MY iE ET IEE EO EEE EE EE Lh LLL ieee ae ALLL I SESS
Slide 24: Carnarvon Basin Prospects
Carnarvon Basi Prospect -Prospects Prospective Resource Strike Interest % Operator Baniyas 60 MMbbl STRIKE North Santo- Grond 5-100 MMbbl STRIKE North Kura Kura 20 MMbbl STRIKE Hood 16 MMbbl STRIKE | A Courtenay WA-261-P_ _ Hestia. -20MMbbl |_| APACHE -WA-340-P Sherlock 15MMbbl | STRIKE |= \-340-P_
Slide 25: Australia prospects
Australia 46 immbbls North Kura Kura Le ; 20 MMpbIS New Structural yo eas C Banivas 60 minibble
Slide 26: Baniyas Prospect
UDO Nin of Whi Le LEI Oe oC er ey i Sy) LP Lo iy Ue POO HOG Dili in — yor iy 4 Pro: LEONG fe iy Fe i ie Pro Se, EM OURS (On eas - Baniyas Prospect SUP TRIO EE OE EEE De Be Be TEMES LTD He MOVIE ey ee ys ie Leesa Lye (0 Le Co .L.Lh,rrrrrt—“‘i‘“‘“‘OéOCOCOCOCOSCSC*C*C*C*C~*;*S*”#; * Baniyas up dip from
Slide 27: Depth Structure Map and Amplitude
NOES LF _ . Lo D Lo 8 oo | ## ===] Carnarvon. ay a, — Be | AOE SS i 2... 4 WAIL TE Depth Structure Map + Amplitude Top Birdrong F Fm. y Neer tatan i = Be Gy po iSasussant si seat Pe rae LE Ue HEI MURS TU OSE Le is BOY | a . ba st bil =——srs—ss 2 Strike: 40% a nd | : Le =e i | My J) ba ls "~~ ~—h—re—
Slide 28: LOM A LE LEE IEEE STEEDS SOL ACL ENT BC MR Led a aes
LOM A LE LEE IEEE STEEDS SOL ACL ENT BC MR Led a aes Ad mas ELMAN DUI Go aL 0 8 lhl lL Ve Li Lo a Le Ly De en iy, ey Oe oe a as iy ‘ yy Vue _ Ha Z ete essoraapeononae Yi Pe ee ye zy y ae LE EE EEE yo), i i oo LDL ee ; Re Wee: Ee LE as 7 Oil prose ey aluredicr ji i La i ARES LESS ENE Lo, acts (mi: oo
Slide 29: Strategically located in South Australia
i Strategically located in South | Australia near:- : ; + Power grid _ * Gas pipelines - Ral nvironmentally ac ptable coal
Slide 30: Oil
Oil Strike
Slide 31: Oil
Oil a 2 -_
Slide 32: Oil
Oil ~ z << Sa ~ Co BSS SNARES
Slide 33: Lee eee ee SONS MAP ROATA EDEL ORU LA CNS a ie CC
Lee eee ee SONS MAP ROATA EDEL ORU LA CNS 7 a ie CC LLL ee - . A — | Lie _ i OO Die Le yy F d fae i - Le a ‘i i a SS ON PAA i _ cell f i a ‘i LU aoe Co eg rT Th i Nt LL Te UA EO . LL CC ). Lee LD og ye aay, NO UREA ON ~=CsC, i LC L (oe - Le 7 _ “<a i i Le |. | i Le ~—Crrt—“‘=“=“é#E:CN oe es a SS — e
Slide 34: SASS
<< SASS