Bounty Oil & Gas Nl · ASX:BUY

Bounty Oil & Gas Nl — Shareholder Meeting (November 2024)

13 slides from Bounty Oil & Gas Nl's shareholder meeting presentation, Nov 27, 2024

  1. Slide 1: Bounty Oil and Gas NL – CEO Presentation AGM 2024

    Bounty Oil and Gas NL Low Risk Oil Development Drilling Eastern Australia, Major Gas Exploration Upside Offshore WA and NSW CEO Presentation AGM 2024 Drilling Watkins North 2 Philip Kelso

  2. Slide 2: Important Notice and Disclaimer

    Important Notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a range of variables which could cause act

  3. Slide 3: Bounty – Corporate Snapshot

     ASX CODE : BUY  Year to Date Price Range : $0.006 to $0.003 Bounty –  ASX Quoted Ord Shares : 1.498 billion Corporate Gross FY23-24 Oil Revenue : $1.61 million Snapshot   ASX Closing Price : $0.005 As at 22 November 2024  Market Capitalisation : $7.5 million  1:4 Non renounceable rights issu

  4. Slide 4: Bounty - a solid base

     Solid, steady oil production from its interest in 19 producing fields in the Naccowlah Block, SW Queensland.  50,000 bbls (net to BUY) of development and appraisal targets in a re-evaluation of Jackson - largest onshore oilfield in Australia  100,000 bbls of oil behind perforations in Alton and

  5. Slide 5: Interests in 631,000 bbls of 2P/2C reserves/resources in proven oilfields

    Interests in 631,000 bbls of 2P/2C reserves/resources in proven oilfields 159,000 bbls in producing oilfields 473,000 bbls in proven oilfields 5

  6. Slide 6: Increasing Income – Stage 1 by realising cash flow from low-risk reserves

    Increasing Income – Stage 1 by realising cash flow from low-risk reserves Bring fields back into production – produce Qi 80 – 100 bopd Alton 1 and 3 Squeeze off lower sands Recondition Pumps Produce 30-40 bopd Fairymount 3 and 8 Squeeze off all but A Sand Recondition Pumps Produce 35-45 bopd Fairymo

  7. Slide 7: Increasing Income – Stage 2 – Alton Field

    Increasing Income – Stage 2 by realising cash flow from low-risk development opportunities – Alton Field Drill Alton 11 Eastern Attic – develop 130,000 bbls P50, produce Qi 100 bopd 7

  8. Slide 8: Increasing Income – Stage 2 – Fairymount Field

    Increasing Income – Stage 2 by realising cash flow from low-risk development opportunities – Fairymount Field Drill Fairymount 10 Southern Lobe Attic – Develop 80,000 bbls P50, produce Qi 50 bopd 8

  9. Slide 9: Increasing Income – Stage 3 – Alton Field

    Increasing Income – Stage 3 by realising cash flow from appraisal opportunities –Alton Field Drill Alton 12 Western Attic – appraise reservoir development and if successful develop 70,000 bbls P50, produce Qi 60 bopd 9

  10. Slide 10: Further Drilling

    Further Drilling New Appraisal Well – Eluanbrook 2 Eluanbrook 1, perforations straddled the OWC, better reservoir wet, so the well watered out quickly. Drill Eluanbrook 2 up dip to intersect better reservoir above OWC Stage 3: Drill Eluanbrook 2 – develop A and B Sand: 90,000 bbls P50, produce Qi 60

  11. Slide 11: PEP 11 – BUY 15%

    PEP 11 – BUY 15% Drill Seablue 1 targeting ~500 PJ gas Baleen Structure Seablue 1 targeting 16 km2 amplitude anomaly at the crest of Baleen Structure. Success at Seablue 1 would open up 1,000 PJ targets in Greater Fish area with further targets of as much as 3,000 PJ immediately offshore from the la

  12. Slide 12: Jacobson (Cerberus)

    Jacobson (Cerberus) Carnavon Basin WA • Large number of previously untested targets, lookalikes to Dorado in Browse Basin. • Gas and oil potential in an area with good infrastructure and surrounded by producing oil and gas fields. • Target rich environment with hundreds of millions of barrels potent

  13. Slide 13: Glossary

    Glossary $ Australian Dollars bopd Barrels of oil per day P10 At least a 10% probability that the quantities actually recovered will equal or exceed the estimate P50 At least a 50% probability that the quantities actually recovered will equal or exceed the estimate P90 At least a 90% probability tha

Bounty Oil and Gas NL — Shareholder Meeting (November 2024) on 6ix