Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Investor Presentation (June 2016)
22 slides from Pancontinental Energy Nl's investor presentation, Jun 14, 2016
Slide 1: Investor Presentation June 2016
Investor Presentation June 2016 For personal use only 1
Slide 2: Disclaimer
For personal use only Disclaimer These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for
Slide 3: Disclaimer – Prospective Resources
For personal use only Disclaimer – Prospective Resources Prospective Resource Estimates Cautionary Statement The estimated quantities of petroleum in this report that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estima
Slide 4: Focus on Africa
For personal use only Focus on Africa Pancontinental Oil and Gas NL is an African focussed oil and gas explorer based in Perth, Western Australia. The Company has been party to numerous exploration programmes conducted over the past decade, some historic in nature such as: 2012 Mbawa-1, Kenya L8 The
Slide 5: Corporate & Project Snapshot
Corporate & Project Snapshot For personal use only Corporate Kenya Offshore Oil & gas explorer Proven oil and gas systems ASX Code: PCL Block L6 Issued Shares: 1,717m 40% Pancontinental Share Price: A $0.004 60% FAR Limited Operator & Partner Market Cap: A $6.8m Namibia Offshore Kenya
Slide 6: Pancontinental Management Team
For personal use only Pancontinental Management Team David Barry Ernie John Vesna Kennedy Rushworth Myers Leach Petrovic MA (Geology) BSc (Geology & CPA BArts (Econ) BComm SEG Marine Sc) CA MBA CPA Executive Non-Executive Executive Finance Non-Executive Company Chairman Director, CEO Director Direct
Slide 7: Offshore Namibia
For personal use only Offshore Namibia 7
Slide 8: Offshore Namibia – Finding the Oil Sweet Spot
Offshore Offshore Namibia For personal use only Namibia – Finding the Oil “Sweet Spot” Pancontinental is a joint venture partner in Petroleum Exploration Licence 0037 offshore Namibia. In 2011, Petroleum Exploration Licence 0037 was granted over three blocks; 2012B, 2112A and 2113B, which cover appr
Slide 9: Offshore Namibia – Timeline to Date
Offshore Offshore Namibia For personal use only – Finding Namibia – Timelinethe to Oil Date“Sweet Spot” 2011 2012 2013 2014 2015 2016 Pancon Initial work Tullow Exploration Analysis Tullow along with programme farmin to under of seismic elects to local conducted PEL 0037 farmout data enter partner b
Slide 10: Offshore Namibia – Theory on Oil Generation
Offshore Offshore Namibia For personal use only – Finding Namibia – Theory on theOil OilGeneration “Sweet Spot” Basin Floor Axis (Transition Zone) EL 0037 Slope / Shelf Boundary OIL MATURE FAIRWAY ‐ Top Transition Zone Kenya Oil generated and trapped in “Inner Graben” Wingat 1 Light Oil Recovery Mur
Slide 11: Offshore Namibia – Theory on Oil Generation
Offshore Offshore Namibia For personal use only – Finding Namibia – Theory on theOil OilGeneration “Sweet Spot” The Walvis Basin, where Pancontinental’s PEL 0037 is located, exhibits similar characteristics to Brazil’s Santos Basin where multiple hydrocarbon 11 discoveries have been made.
Slide 12: Namibia PEL 0037 Prospects & Work Programme
Namibia PEL 0037 Prospects & Work Programme Tullow Oil farmed into PEL 0037 in For personal use only 2013, with the farmin programme commencing in 2014. The PEL 30 programme, worth in excess of US $100 million is 100% free carried for PEL 37 Pancontinental. To date the exploration work conducted inc
Slide 13: Namibia PEL 0037 Major Oil Potential on 3D Seismic
Namibia PEL 0037 Major Oil Potential on 3D Seismic PROSPECTIVE NET For personal use only AREA RESOURCE PANCON PROSPECT STATUS 100% SHARE (Sq Km) (MmBbls)* (MmBbls)* Albatross Prospect 293 349 99.5 Seagull & Gannet S Prospect 273 338 96.3 Seagull & Gannet N Prospect 90 104 29.6 Cormorant Prospect 120
Slide 14: Namibia – Politically Stable & Low Travel Security Risk
Namibia Offshore–Namibia Politically Stable the – Finding & Low Travel Security Oil “Sweet Spot” Risk Namibia has experienced over 25 years of political stability which has encouraged foreign investment in country. In addition, it is considered a low travel security risk country. [International SOS]
Slide 15: Namibia PEL 0037 Summary
Namibia PEL 0037 Summary Namibia PEL 0037 For personal use only LOCATION: Walvis Basin, Offshore Namibia PROJECT SIZE: 17,295 square kilometres JOINT VENTURE PARTNERS: Tullow Kudu Limited (Operator) 65.00% Pancontinental Oil & Gas Group 30.00% Paragon Oil & Gas (Pty) Ltd 5.00% GEOLOGY: An “Oil Matur
Slide 16: Kenya
For personal use only Kenya 16
Slide 17: Offshore & Onshore Kenya
Offshore & Onshore Kenya For personal use only Pancontinental is a joint venture partner in Exploration Block L6, onshore and offshore Kenya. In 2002, an exploration licence was granted over Block L6 which covers approximately 5,010 km2. Pancontinental has been a participant in the licence since its
Slide 18: Offshore Kenya – Theory on Oil Generation
Offshore Kenya – Theory on Oil Generation For personal use only Pancontinental’s theory on oil generation offshore Kenya proposes that the Tana River carried potentially oil generating sediments and nutrients in its waters which were deposited into the Indian Ocean along two troughs; Tembo and Marid
Slide 19: Kenya L6 Offshore
Kenya L6 Offshore Kenya L6 Onshore Block L6 offshore Kenya For personal use only holds a number of drill- ready prospects which are a combination of Miocene Reef Plays and Eocene Clastic Plays. Earlier 3D conducted within the permit matured the prospects, which are similar in characteristic to those
Slide 20: Kenya L6 Onshore
Kenya L6 Onshore Kenya L6 Onshore Onshore in Block L6, there are three For personal use only main prospects; Kudu, Mamba and Boundary Anticline, the majority of which are Eocene Clastic plays. The onshore area is currently farmed out to Milio International for free carried seismic and drilling, howe
Slide 21: Kenya L6 Summary
Kenya L6 Summary Kenya L6 For personal use only LOCATION: Lamu Basin, Onshore /Offshore Kenya PROJECT SIZE: 5,010 square kilometres JOINT VENTURE PARTNERS: Offshore FAR Limited (Operator) 60.00% Pancontinental Oil & Gas Group 40.00% Onshore Milio International Group (Operator)* 60.00% Pancontinental
Slide 22: Summary
For personal use only Summary Kenya Offshore & Onshore Onshore & Offshore Block totaling 5,010 sq km Ground-breaking oil + gas discoveries - 2012 & 2014 Onshore seismic & drilling farmed out Namibia Offshore 3 Offshore Blocks covering 17,000 sq km On trend to Wingat oil recovery Major fa
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