Jupiter Energy Limited · ASX:JPR
Jupiter Energy — Shareholder Meeting (November 2008)
20 slides from Jupiter Energy's shareholder meeting presentation, November 2008
Slide 1: Jupiter Energy Limited AGM Update November 2008
JUPITER ENERGY LIMITED (ASX: JPR) AGM Update November 2008
Slide 2: Kazakhstan
TNS JUPITER iY LIMITE | JUPITER ENERGY LIMITED | PRESENTATION www. jupiterenergy.com. au
Slide 3: Background to Kazakhstan
BACKGROUND TO KAZAKHSTAN • Kazakhstan contains multi billion barrel oil fields • Kazakhstan has in the past 5 years opened its doors to foreign investment and it is now possible for overseas companies to get access to some excellent oil producing fields and oil exploration permits • Even though some
Slide 4: JPR Board
JPR BOARD • Geoff Gander • Executive Chairman • Commerce background • Responsible for all commercial activities within JPR • Andrew Childs • Non Executive Director • Geologist by background • Involved in a number of listed oil companies • Erkin Svanbayev • Executive Director • Based in Almaty, Kazak
Slide 5: Technical Leadership
TECHNICAL LEADERSHIP • Keith Martens – B.Sc. In Geophysics/Geology p y gy – 30 years experience in onshore oilfield discovery and remediation – Exploration Manager at SANTOS, Tap Oil and Bow Energy – Has reviewed 100+ opportunities in Kazakhstan – Responsible for all JPR exploration activities
Slide 6: Mangistau Basin in SW Kazakhstan
MANGISTAU BASIN IN SW KAZAKHSTAN Block 31 – area 1 & 2 6 Billion barrels already produced in the basin Main oil fields Oil pipelines Gas pipelines Rail road
Slide 7: Block 31 and Extension
Block 31 and Extension Akkar North Block 31 Jupiter 100% Block 31 Extention Jupiter 100% Block 31 – area 1 + extension North West Zhetybay Oil Field Outline Block 31 Block 31 3D Jupiter 100% 5 km
Slide 8: Akkar North Oil Field
Akkar North Oil Field Geology Cross Section Top Triassic Seismic Marker Field may extend into Block 31 • Discovered in 1990 – on production ~4,000 bopd • Triassic ‘horst blocks’ drilled on 2D but refined on 3D • Current Reserves are 23 mmboe with 2.23 mmboe solution gas • A small part of the field m
Slide 9: Block 31: Top Triassic Time Structure
BLOCK 31 : TOP TRIASSIC TIME STRUCTURE NWZhetybay #2 Block 31 – area 1 + extension NW Zhetybai Oil Field
Slide 10: Historic Drilling NWZhetybay #2
HISTORIC DRILLING NWZhetybay #2 Jurassic XIII – Potential Oil producer at NWZ NWZ #2 ‐ 30 m of net sand which flowed oil on test Top Triassic Seismic Marker Triassic A – Oil producer at Akkar North Mixed gas/oil/water at NWZ#2, 40m of oil pay potential i l updip di Triassic B ‐ Oil producer at Akkar
Slide 11: Block 31
BLOCK 31 = North West 5km | | JUPITER ENERGY LIMITED | PRESENTATION www. jupiterenergy.com. au
Slide 12: Block 31 Potential Hydrocarbons
BLOCK 31 POTENTIAL HYDROCARBONS Oil-in-place p Recoverable Formation Oil Potential Updip U di NWZ #2 JJurassic i XIII 53.576 53 576 88.036 036 mmbls bl Akkar North Ext. Triassic A & B 10.715 3.215 mmbls Lead A Triassic A & B 27.008 8.102 mmbls Lead B Triassic A & B 9.754 2.926 mmbls Total 101.053 22
Slide 13: 3D Seismic over NWZhetybay and Block 31
3D Seismic over NWZhetybay and Block 31 Productive Oil Zones
Slide 14: Block 31: 3D Currently in Processing
BLOCK 31 : 3D CURRENTLY IN PROCESSING Akkar North Block 31 – area 1 + extension Block 31 Jupiter 100% Block 31 Extention Jupiter 100% Block 31 3D Currently being NWZ # 2 processed Block 31 North West Zhetybay Prospects and Leads mapped on 2D Oil Field Outline 5 km
Slide 15: Market Access
MARKET ACCESS • Infrastructure within 10 kkms off JJupiter’s it ’ permits • Pipeline – Eastern Europe – Baltic – Black Sea • Rail – Aktau – Caspian trade • Road – Aktau – Caspian trade • Assuming initial local sales then 80% sales, export, 20% local • Gas Utilization – Assume power generation for fi
Slide 16: Financial Modeling
FINANCIAL MODELING Revenues (AUD$) Forecast EBIT (AUD$M) 80,000 Block 31 70,000 , 2009 2010 2011 2012 2013 60,000 Block 31 $0 $14.1 $55.4 $52.2 $49.3 UD$ '000) 50,000 Assumptions: Average of US$60 per barrel Revenues (AU AUD$ / US$: 0.66 40,000 30,000 20 000 20,000 10,000 0 2009 2010 2011 2012 2013
Slide 17: Summary of Assets
SUMMARY OF ASSETS • Extended Block 31 offers a range of targets based on existing seismic, hi t i l d historical drilling illi results lt and d th the ffactt the area is in close proximity to proven oilfields – 3D seismic has commenced and specific targets will be identified in 1Q 2009 with a compre
Slide 18: Business Summary
BUSINESS SUMMARY• JPR believes it now has the following key elements that will ensure it becomes an oil producer by the end of 2009 in one of the most prospective oil producing countries in the world: – Experienced and well connected board and management – Proven local team: already experienced in b
Slide 19: Disclaimer
DISCLAIMER This presentation was prepared exclusively for the benefit and use of potential investors in order to provide an update on the future business directions of Jupiter Energy Limited (“JPR”) and neither the presentation nor its delivery to any prospective investor shall constitute an offer t
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