Petro Matad Limited · LSE:MATD
Petro Matad — Oil Barrel Conference, London 2013
16 slides from Petro Matad's conference presentation, Feb 7, 2013
Slide 1: Frontier Exploration Opportunity in Mongolia: Blocks IV, V and XX
FRONTIER EXPLORATION OPPORTUNITY IN MONGOLIA BLOCKS IV, V AND XX OIL BARREL CONFERENCE, LONDON MATD 07 February 2013
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation has been prepared by Petro Matad Limited (the Company) and is for information purposes only. Some statements contained in this presentation or in documents referred to in it are or may be forward-looking statements. Such statements reflect the Compan
Slide 3: Corporate Overview
CORPORATE OVERVIEW AIM listed oil & gas company engaged in the exploration of hydrocarbons in Mongolia Timeline Extension to Further extension to Launches ERBD 20m Awarded DT-1 DT-5 exploration period exploration period of Farm-out share placement Listed on Blocks IV Hydrocarbon Spudded of Block XX
Slide 4: Corporate Overview (cont.)
CORPORATE OVERVIEW (CONT.) The first substantially Mongolian owned company to be listed on an international stock exchange Share Price1 Key Shareholders2 0.35 3.5 Number of Name Percentage Volume Share Price Ordinary Shares 0.30 3.0 Petrovis Matad Inc. Current Share price: 5.3p 36,684,262 19.65% Sha
Slide 5: Executive Summary
EXECUTIVE SUMMARY Petro Matad is a London AIM listed oil & gas company engaged in the exploration of hydrocarbons in Mongolia, with the following key elements: Block XX Prominent land position covering Blocks IV & V prospective frontier and emerging hydrocarbon basins in Mongolia 3 PSC’s: Block
Slide 6: 2012: A Year of Consolidation
2012: A YEAR OF CONSOLIDATION Key Highlights New Board Non-executive directors with proven track record in exploration and production Experienced management and technical team in place Implemented “best practise exploration” approach: ─ Understand Petroleum System ─ Establish Play Fairways ─
Slide 7: Why Mongolia with Petro Matad?
WHY MONGOLIA WITH PETRO MATAD? Right Geology & Paleogeography with High Potential Source Rocks (5 % TOC) potential multiple petroleum systems in the neighbourhood One of the Last Frontiers in the region Basin Opener Opportunities High Potential Source Rocks (5% TOC) Diverse Play Types Dive
Slide 8: Exploration Activity in Mongolia
EXPLORATION ACTIVITY IN MONGOLIA Limited exploration in Mongolia, with fields only in Blocks 97 & XIX / XXI OIL BARREL PRESENTATION, LONDON 07 FEBRUARY 2013 PAGE PETRO MATAD 77 // PAGE
Slide 9: Prolific Analogue Basins in China
PROLIFIC ANALOGUE BASINS IN CHINA All analogue basins with significant exploration are proven, many with giant fields Hailar/Tamtsag Basin Area: 95,000 km2 Block IV & V Basins Block XX Basins Max Fill: 5 km Songliao Basin Area: 15,000 km2 Area: 6,200 km2 >100 mmboe rec. Area: 294,000 km2 Max Fill: 5
Slide 10: Blocks IV & V Analogue Basins
BLOCKS IV & V ANALOGUE BASINS Prolific oil & gas producing Junggar, Turpan and Erlian Basins of China are analogous to Blocks IV and V Basins Comparison with the analogue basins indicate multiple petroleum systems & play models and both conventional and unconventional hydrocarbon potential Rec
Slide 11: Blocks IV & V Analogue Basins
BLOCKS IV & V ANALOGUE BASINS Basin and Structural style similarities suggest similar traps to be expected in Blocks IV & V 100 km Shanshan Oil Field Shenginkou Oil Field Producing Traps Turpan Basin Seismic Section (Zhanlong et al., 2011) W 10km E 250 km Block IV Seismic Section Base Tertiary Syn R
Slide 12: Block XX Producing Analogues
BLOCK XX PRODUCING ANALOGUES 5 km Producing Oil Fields Block XIX Block XX Top Basement 10 km Top L. Zunbayan 50 km Top Pre Rift Similar Leads Top Basement mapped in Block XX OIL BARREL PRESENTATION, LONDON 07 FEBRUARY 2013 PAGE PETRO MATAD 1111 // PAGE
Slide 13: Unrisked Prospective Resources
UNRISKED PROSPECTIVE RESOURCES Deterministic Mid-Case Deterministic Mid-Case Block Prospective Resources Recoverable Prospective Comments (OIIP mmbbls) Resources (mmbbls) Block IV 3,330 870 17 leads, 5 with volume estimates Block V 460 161 5 leads, 3 with volume estimates Block XX North 337 50 6 lea
Slide 14: Forward Work Programme
FORWARD WORK PROGRAMME De-risk and mature the leads to drillable prospects in 2014 and 2015 2013 2014 2015 Expenditure US$m H1 H2 H1 H2 H1 H2 Exploration Work Programme 2.8 6.0 1.6 4.6 9.1 Capital (Mainly Drilling) 0.3 1.0 7.6 8.6 9.1 All Other 3.2 3.7 3.4 4.0 7.4 Total 6.3 10.7 12.5 17.3 25.6 2D Se
Slide 15: Summary – Mongolia E&P Opportunity
SUMMARY – MONGOLIA E&P OPPORTUNITY A unique opportunity to invest in a frontier area covering 60,300 km2, and gain a dominant position in Mongolia All basins have little to no drilling to date Three 100% owned Blocks are available Excellent source rocks, reservoirs and trapping styles identi
Slide 16: Farm-out Process
FARM-OUT PROCESS Petro Matad Limited (“Petro Matad”) is seeking strategic partner(s) to progress exploration activities on three 100%- owned onshore Blocks in Mongolia comprising 60,300 km2 Have mandated Macquarie Data Room opened this week OIL BARREL PRESENTATION, LONDON 07 FEBRUARY 2013 PAGE