Central Petroleum Limited · ASX:CTP
Central Petroleum — Investor Presentation (March 2010)
22 slides from Central Petroleum's investor presentation, Mar 30, 2010
Slide 1: Updated CTP Presentation ASX Announcement
ASX ANNOUNCEMENT ASX CODE: CTP 29 March 2010 TO: The Manager, Company Announcements Australian Stock Exchange Limited CONTACT: John Heugh +61 8 9474 1444 For personal use only Updated CGT Presentation Central Petroleum Limited (ASX:CTP) (“Central” or “the Company”), has pleasure in announcing an upd
Slide 2: Competent Persons Statement
For personal use only Competent Persons Statement Al Maynard & Associates Information in this announcement or attached report or notification which may relate to Exploration Results of coal tonnages in the Pedirka Basin is based on information compiled by Mr Allen Maynard, who is a Member of the Aus
Slide 3: Fully Underwritten 1:2 Renounceable Rights Issue 2010
For personal use only CENTRAL PETROLEUM LIMITED FULLY UNDERWRITTEN 1:2 RENOUNCEABLE RIGHTS ISSUE 2010 “Funding to secure our independent exploration success” Does not reflect necessarily in whole or in part the views of PXA, QGC, or the BG Group, Trident Energy Limited, He Nuclear Limited, Red Sky E
Slide 4: Disclaimer
Disclaimer For personal use only The presentation has been summarised from various reports including, “CBM Potential of the Pedirka Basin” by Mulready Consultants, “Pre-feasibility Study for a 10,000 bbl/day FT GTL Plant in Central Australia”, and ” Appraisal of GTL Development Option for Potential
Slide 5: Ooraminna (2 TCFG) Site Works Complete
Ooraminna 2 (2 TCFG) Site Works Complete For personal use only
Slide 6: Central Petroleum Overview
For personal use only Central Petroleum Overview • Central Petroleum Limited (“CTP”) is a Perth based oil & gas exploration company with assets located in Central Australia. • Listed early 2006, current capitalisation c.$53 million @ 9.0 cps. • CTP is a highly liquid stock with over 7,000 shareholde
Slide 7: Use of Funds - Rights Issue
For personal use only Use of Funds-Rights Issue Additional funding required for a 3 well drilling programme in EP82 and $18,100,000 EP115 2010 Geology and Geophysics work $2,500,000 programme Lead Manager and Underwriting $1,627,894 Fees Working capital $189,076 Expenses of the Offer $52,000 Total $
Slide 8: Share Price Drivers
For personal use only Share Price Drivers Central Petroleum Limited (“CTP”) is a Perth based oil & gas exploration company with assets located in Central Australia. Extensive Acreage & early mover advantage • CTP operates over 270,000km2 across central Australia, effectively putting its foot on a va
Slide 9: Indicative Timetable
For personal use only Indicative Timetable Lodgement of Prospectus with ASIC and ASX 17 March 2010 Notice sent to Shareholders 19 March 2010 Ex Date (date on which Shares commence trading on an ex- 29 March 2010 rights basis) Rights trading commences 29 March 2010 Record Date for determining Shareho
Slide 10: Central's Interests (Permits & Applications)
Central’s interests Unconventional Shale Gas & Oil (Permits & applicattions) For personal use only
Slide 11: Robust 2009-2010 Programme
For personal use only Robust 2009-2010 Programme Phase One 2009 commenced December 2009 : CSG drilling and seismic - 5 fully cored CSG wells- (Pedirka Basin) - 2 to go, now 4 wells confirming over 100m net coal - GoreTM survey Johnstone, NW Mereenie - 2/3 complete -1,350 line km (Amadeus and Pedirka
Slide 12: Amadeus and Pedirka Basins Prospects - Volumetrics
Amadeus and Pedirka Basins -prospects available 2010-volumetrics For personal use only Gas Volumetrics Bcf Oil Volumetrics MMBBls Risked Risked UGIIP* COS % Mean Permit UOIIP* COS % Mean Permit Mean Mean West Johnstone 500 22 35 8 EP-115 Surprise 720 33 386 127 EP-115 Stuart 1814 24 456 109 EP-115 N
Slide 13: Ooraminna
For personal use only Ooraminna - 2 Ooraminna 1 Ooraminna 2 1963 Up to 2TCF (UGIIP) Near Top Deviated wellbore Julie Fmt targeting fractures 250m vertical closure Near Top Pioneer Sandstone TWT Surface
Slide 14: Johnstone
For personal use only Johnstone - 1 Proposed Johnstone 1 500MMbbls (UOIIP) Johnstone Thrust 250m vertical closure Near top Pacoota Sandstone TWT Surface
Slide 15: Surprise Prospect
For personal use only Surprise Prospect Mereenie Sandstone Horn Valley Siltstone 100m of closure Pacoota Sandstone Surprise Prospect 720MMbbls (UOIIP)
Slide 16: Magee
For personal use only Magee - 2 Proposed Magee 1 Magee 2 1992, 6m 800BCF Heavitree (UGIIP) 15 BCF He 6.3% He (UGIIP) Mt Charlotte 1 (did not reach Heavitree) Up to 200m Magee Thrust Targeting thicker Heavitree Helium Grade A 99.99% liquid $120-145 USD/MCFG -bulk wholesale, escalating 8% pa
Slide 17: Mt Kitty - subsalt gas-condensate-He
For personal use only Mt Kitty-subsalt-gas-condensate-He Target horizon c. 430 km2 aerial closure, 1,000m max vertical closure prospective recoverable resources 1.7 TCFG, 105 BCF Helium, 2100m TD Possibly the biggest undrilled seismically defined structure onshore Australia
Slide 18: Proposed Development Path
For personal use only Proposed Development Path • Burgeoning US non-conventional gas, Aussie LNG still healthy, Aussie Domgas $0.35-$7.00 (spot-WA) range and oil price, helium price strengthening • Oil (6-12 months) and low volume Helium (18-24 months) discovery and development for early cash flow •
Slide 19: Coal-CSG-UCG-GTL
Coal-CSG-UCG-GTL For personal use only -pre 2009/10 drilling, possible upgrades Petroleum Tenements* Low High Billion tonnes Billion tonnes Tonnes coal above 1000m contour 1,110 1,385 Tonnes coal below 1000m contour 690 865 1,800 2,250 Mineral Tenements* Billion tonnes Billion tonnes Tonnes coal abo
Slide 20: Pedirka Petroleum and Mineral Permits & Applications
Pedirka Petroleum and Mineral Permits & For personal use only Applications-situation covered ! • 53,000 km2 Petroleum • 20,000 km2 Mineral • 25,000 km2 Coal • 1.1-1.4 Trillion tonnes > 1,000m (Exploration Target)
Slide 21: CBM Pedirka Basin Coal Beds 50km section
For personal use only CBM Pedirka Basin Coal Beds 50km section 140m coal 160m coal Seams to 30m Seams to 40m
Slide 22: Central Petroleum Limited
For personal use only Central Petroleum Limited Revitalising Australia’s Revitalising Australia’s Hydrocarbon Hydrocarbon Centre Centre Central Petroleum Limited MD John Heugh +61(0) 8 9474 1444 johnheugh@centralpetroleum.com.au MD John Heugh +61 8 9474 1444 johnheugh@centralpetroleum.com.au www.cen
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