Lakes Blue Energy Nl · ASX:LKO
Lakes Blue Energy Nl — Lakes Oil N.L. — Shareholder Meeting (November 2008)
16 slides from Lakes Blue Energy Nl's shareholder meeting presentation, Nov 25, 2008
Slide 1: Annual General Meeting 2008
ANNUAL U G GENERAL MEETING G For personal use only 2008 LAKES OIL N.L. ACN 62 004 247 214
Slide 2: Disclaimer
Disclaimer For personal use only This presentation includes certain statements, estimates and projections with respect to the future performance of Lakes Oil. Such statements, estimates and projections reflect various assumptions concerning anticipated results, results which assumptions may prove to
Slide 3: Victorian Permits
For personal use only Victorian Permits
Slide 4: Onshore Otway Basin, Victoria Location Map
PEP 167 WES Por) =e ity Warrnambool \_ vieips7(v) _ - PEP 169 PEP 164 E _ 2 Port Campbell Netherby-1 > oS = SN | | WIC/P37(V)¥ a —_ el | | | | l — | | VICIL24 Apollo Bay VIC/RL7 VIC/P43 VIC/P64 PEP 169 7 Onshore Otway Basin, Victoria VIC/L23 | LOCATION MAP Kilometres
Slide 5: For personal use only
Inline: 10289.0 10289.0 10285.0 10289.0 10289.0 10289.0 10289.0 10289.0 10283.0 10289.0 10289.0 10289.0 one eno 0 i woo wd, ean nico ao Sam Periyn 1 0.1003 0.2004 0. 3003 0.004 oso] asoog
Slide 6: Gippsland Basin, Victoria Locality Map
T T Loch Sport, 500 000mE 520 000mE writ) 08 5780 000mN — CX Gas Pipeline fera(vome | Alinta Gas Hub Oil Pipeline sotin® Long?! ley plains Anticlin N Hole! nath Anticline paragaw4 — <7 Ack. Longford Oil &Gas facility “a Holey Hill ‘anticline 3 y VICTORIA 147°00'E L RI2 and RL1(V) Gippsland Basin, Vi
Slide 7: Schematic Cross Section showing updip potential at Top Strzelecki
McCreesh-1 Wombat-2 Wombat-3 Wombat-1 Merriman-1 [e) Ste 041m Eom e-<——1858m—+> o ee | ————_Top Latrobe Horizon _— LATROBE GROUP STRZELECKI GROUP Updip potential at Top of Strzelecki 1 Kilometres PEP 157 Schematic Cross Section showing updip potential at Top Strzelecki
Slide 8: Merged 3D & 2D Depth Structure Map, Top Strzelecki
For personal use only Merged 3D & 2D Depth Structure Map. Top Strzelecki Source: Gaffney, Cline & Associates
Slide 9: For personal use only
Haunted Hills Yallourn Monocline - Fault Yallourn Open Cut Snake Ridge Anticline M I Mi lit OE ee TRIFON WOMBAT Rosedale-1 FIELD FIELD Wellington Park-1 Glengarry BARRACOUTA FIELD Ly N a = om sea level sea seafloor _ Latrobe Valley Group ft Seaspray Group () strzelecki Group [ | Rintouls Creek Sands
Slide 10: Potential geothermal targets
Coals —— —s Potential Hot Sedimentary. Cretaceous |~ Aquifer Targets Thick Insulating | Sediments POTENTIAL 150°C ZONI POTEN TIAL Potential Hot Fractured Rock Targets 200°C ZONE IN \ Tortlary sodimonts Cretaceous sediments [f° pintouls Creek Palaeozoic granite a Palaeozcic basement
Slide 11: Wombat Field Independent Technical Assessment
Wombat Field For personal use only Independent Technical Assessment - Gas Initially In In- Place and Contingent Gas Resources* Independent technical assessment by Gaffney, Gaffney Cline & Associates confirms Lakes Oil’s view that the Wombat Gas Field is a highly prospective hydrocarbon resource. G
Slide 12: Wombat Field Insitu Gas Resource Range of Values
Wombat Field For personal use only Insitu Gas Resource Range of Values* Independent asset evaluation of Wombat, Wombat based on a conservative in‐ in‐situ gas price of $0.30/GJ, determined a P50 value range for the Wombat Field 2C resource case of between $50m‐ $50m‐$88m. Insitu Gas Resource Range
Slide 13: RL2 Total Estimated Reserves
RL2 Total Estimated Reserves For personal use only Estimates of Gas-in-Place RL2 contains other highly prospective gas fields, W b Wombat 700 0 bcf 700.0 b f including: Gangell 375.4 bcf Gangell Structure ‐ Trifon 559.5 bcf l locatedd NE off W Wombat, b independent estimated Baragawanath Anticli
Slide 14: Wombat Field Well Logs
Wombat Field For personal use only Wombat-1 and Wombat-2 Well Logs – Evidence of Large Gas Zones
Slide 15: For personal use only
For personal use only
Slide 16: For personal use only
For personal use only