Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Noosa Mining & Exploration Conference 2014
15 slides from Amplitude Energy's conference presentation, Jul 17, 2014
Slide 1: Bungaloo-1 Otway Basin: Presentation to Noosa Mining & Exploration Conference
For personal use only Bungaloo-1 Otway Basin Presentation to Noosa Mining & Exploration Conference David Maxwell, Managing Director Cooper Energy 17 July 2014
Slide 2: Important Notice – Disclaimer
Important Notice – Disclaimer The information in this presentation: For personal use only • Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held. • Does not take into account the individual investment o
Slide 3: What's happened since last year's presentation
What’s happened since last year’s presentation Record production and earnings, gas assets added and maintained strong balance sheet For personal use only Financial results and production at record levels COE share price • Year to date production up 35% at March quarter Year to 30 June • Half year pr
Slide 4: What we are building towards
What we are building towards…. Applying our technical and financial resources to grow to a significant mid-cap oil and gas leader For personal use only Here and now The 3- 5 year vision • Oil production ~ 0.5 MMbbls+ • Cooper Basin production focus • Oil and gas production circa 4 • Cash and financi
Slide 5: Business elements
Business elements Strategy for growth involves 3 areas, underpinned by financial and technical resources For personal use only Strong oil business Developing gas business Indonesia growth Cooper Basin Western Flank, Indonesia Gippsland Basin, Otway Basin Oil and gas, South Sumatra Basin • Oil produc
Slide 6: Strong oil business
Strong oil business Production of circa half a million barrels per annum with high margin and cash flow For personal use only Solid production base Low cost production Sustained reserves growth 0.7 0.6 2.5 0.58 0.5 2.0 0.52 to Netback 1 0.49 0.49 0.60 0.4 0.47 Royalties 1 0.41 1.5 0.3 Transportation
Slide 7: Strong oil business: Cooper Basin PEL 92 & 93
Strong oil business: Cooper Basin PEL 92 & 93 Prime acreage on prolific western flank of Cooper Basin For personal use only • Oil production and exploration - current approximately 1,370 bopd (net) - Rincon discovery online mid-June ‘14 • Exploration and development continues to add reserves - new o
Slide 8: Cooper Basin: PEL 90, 91 & 111
Cooper Basin: PEL 90K, 100 & 110 Drilling on 3D seismic in lightly explored acreage in northern Cooper Basin For personal use only • 1,169 km2 in northern SA Cooper Basin • Lightly explored region with extensive Dundinna 3D seismic survey 577 km2 • Processing to be completed July 2014 • 5 well explo
Slide 9: East Coast domestic gas outlook
East Coast domestic gas outlook Growing gap between contracted supply and anticipated demand For personal use only PJ 800 • COE strategy initiated in 2012 700 Forecast east coast domestic demand Contracted supply from: • Built market understanding; buyer 600 relationships; cost curve positions; and
Slide 10: Developing gas business
Developing gas business Building a portfolio of gas production assets around the fundamentals of cost and market For personal use only Market • Market-driven approach • Building customer relationships • Pipeline transport expertise Cooper Basin • Existing source of supply • Extensive infrastructure
Slide 11: Developing gas business: BMG and Gippsland Basin
Developing gas business: BMG and Gippsland Basin Conventional gas supply, with access to market and exploration upside For personal use only 65% interest holder and Operator of BMG gas and liquids project • Existing wells and gas-gathering infrastructure • Economic enhancement options through adjace
Slide 12: Developing gas business: Otway Basin
Developing gas business: Otway Basin Gas exploration in well-located, gas producing basin For personal use only • Strong position across Penola Trough • Proven basin for conventional plays • Jurassic source rocks - gas prone with liquids potential • Close to markets • Close to infrastructure: − SA-V
Slide 13: Indonesia: South Sumatra Basin
Indonesia: South Sumatra Basin Acreage offers low risk value-add opportunities and company-maker targets For personal use only Sukananti KSO (COE 55%) • Currently ~270 bopd (100% basis) • Multiple low risk development opportunities • 2-3 development wells planned for 2015 • Targeting production grow
Slide 14: Near term outlook highlights
Near term outlook highlights The coming 12 months holds a number of value catalysts For personal use only FY14 New benchmarks in financial performance and resources Record Results • On track for record production and financial results Increased Resources • Contingent resources to be boosted substant
Slide 15: For personal use only
For personal use only
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