Strike Energy Limited · ASX:STX
Strike Energy — Investor Presentation (December 2011)
13 slides from Strike Energy's investor presentation, Dec 7, 2011
Slide 1: Investor Presentation (ASX cover letter)
Strike Energy Limited ABN 59 078 012 745 7 December 2011 For personal use only The Company Announcement Officer OUR STRENGTHS Australian Securities Exchange Ltd via electronic lodgement • Quality Assets • Experienced Team INVESTOR PRESENTATION • Major Growth Potential Please find attached Strike Ene
Slide 2: Major Upside Potential from Unconventional Oil & Gas
For personal use only - MAJOR UPSIDE POTENTIAL FROM UNCONVENTIONAL OIL & GAS - DECEMBER 2011
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Exposure to the ‘booming’ unconventional oil & gas sector – a ‘game SECTOR EXPOSURE changer’ in global energy supply Large positions within three highly sought after unconventional oil & gas QUALITY ASSETS plays – Cooper Basin (Australia), Eagle Ford Shale
Slide 4: Company Snapshot
COMPANY SNAPSHOT For personal use only COMPANY SNAPSHOT (2 Dec 2011) COMPANY STRATEGY Head office Perth, Australia US operations base Houston, USA HIGH IMPACT David Wrench – Managing Director Early stage exploration, which if successful, will result in rapid Ben Thomas – President, USA commercializa
Slide 5: Cooper Basin – Australia's Best Unconventional Play
COOPER BASIN – AUSTRALIA’S BEST UNCONVENTIONAL PLAY For personal use only 16,000 km2 (net) of Cooper / Eromanga Basin permits & applications THE ASSET - Australia’s most prolific onshore hydrocarbon region, known to have extensive coals & shales - Access to east coast markets via existing pipeline i
Slide 6: Cooper Basin – Australia's Best Unconventional Play
COOPER BASIN – AUSTRALIA’S BEST UNCONVENTIONAL PLAY For personal use only Prospective unconventional gas resource of over 6 Tcf (net) POTENTIAL - A very large resource to meet huge forecast increases in domestic and LNG demand + - Liquids potential due to relatively shallow and thermally immature ta
Slide 7: Eagle Ford Shale – USA's Premier Hydrocarbon Play
EAGLE FORD SHALE – USA’S PREMIER HYDROCARBON PLAY For personal use only Over 8,000 acres (net) of Eagle Ford Shale, Texas THE ASSET - Third largest holding by an ASX company after BHP Billiton (Petrohawk) and Aurora - Focused on the preferred condensate / gas (wet gas) fairway Eagle Ford fairways an
Slide 8: Eagle Ford Shale – USA's Premier Hydrocarbon Play
EAGLE FORD SHALE – USA’S PREMIER HYDROCARBON PLAY For personal use only Condensate / gas fairway recognized as having the best economics POTENTIAL - Approximately 65 (net) well locations at 120 acre spacing + - Access to services and pipeline infrastructure for rapid commercialization First producti
Slide 9: Permian Basin – USA's Established Producing Region
PERMIAN BASIN – USA’S ESTABLISHED PRODUCING REGION For personal use only 1,875 acres (net) in the Permian Basin, Texas THE ASSET - Established oil fields with conventional production and reserves - Thick Lower Clearfork Shale known to exist below current productive sections Permian Basin Area of Mut
Slide 10: Permian Basin – USA's Established Producing Region
PERMIAN BASIN – USA’S ESTABLISHED PRODUCING REGION For personal use only Oil-originally-in-place independently estimated at 500 million barrels (net) POTENTIAL - Existing reserves and production from the Middle Clearfork Formation + - Huge resource potential from the Lower Clearfork Shale Formation
Slide 11: Illustrative Value Upside Potential
ILLUSTRATIVE VALUE UPSIDE POTENTIAL* For personal use only 12.3x 750 1,875 ac x $10,000 / ac = $19m 700 PERMIAN BASIN 8,000 ac x $15,000 / ac = $120m 650 EAGLE FORD COOPER BASIN 600 550 500 450 A$ million 6.5x 400 1,875 ac x $5,000 / ac = $9m 350 8,000 ac x $10,000 / ac = $80m 300 6 Tcf x $0.10 / Mc
Slide 12: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Exposure to the ‘booming’ unconventional oil & gas sector – a ‘game SECTOR EXPOSURE changer’ in global energy supply Large positions within three highly sought after unconventional oil & gas QUALITY ASSETS plays – Cooper Basin (Australia), Eagle Ford Shale
Slide 13: Important Notice
IMPORTANT NOTICE For personal use only This presentation does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security and neither this presentation nor anything contained in it shall form the basis of any contract or commitment. Reliance should not be placed
Strike Energy — Investor Presentation (December 2011) on 6ix