Jupiter Energy Limited · ASX:JPR

Jupiter Energy — Investor Presentation (February 2011)

21 slides from Jupiter Energy's investor presentation, Feb 23, 2011

  1. Slide 1: Corporate Presentation

    For personal use only 23 February 2011 Corporate Presentation Attached is a copy of a corporate presentation that will be made to several interested parties in the United Kingdom over the coming week. The presentation covers publicly available information as at the date of this announcement as well

  2. Slide 2: Corporate Update - February 2011

    For personal use only Corporate Update - February 2011 www.jupiterenergy.com.au

  3. Slide 3: Disclaimer

    Disclaimer For personal use only  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 effected by a variety of variables wh

  4. Slide 4: Corporate Overview

    Corporate Overview For personal use only  Listed E&P company trading on Australian Stock Exchange (ASX) as “JPR”  Geographic focus on proven onshore oil basin in Kazakhstan  Corporate structure  ~1,500m shares on issue  23m unlisted options (expiry 2011-2012 @ between $A0.08 - $A0.185)  20m Pe

  5. Slide 5: Directors

    Directors For personal use only Geoff Gander Alastair Beardsall Baltabek Kuandykov Scott Mison Chairman/CEO NED NED NED / Co.Sec  Focused on in  30 years experience  Based in Almaty,  Based in country Business including 12 years with Kazakhstan Australia and Development, Schlumberger . He has re

  6. Slide 6: Management/Operations Team

    Management/Operations Team For personal use only  In-country operations, G&G and administrative functions based in Aktau (80kms from the asset).  Key positions:  Vice President Production Operations  Fluent in Russian  20 years experience in CIS/KZ O&G operations  Chief Financial Manager  Kaz

  7. Slide 7: Asset Summary

    Asset Summary For personal use only  Appraisal and Development Opportunity  100% owned Block 31 in Mangistau Basin onshore Kazakhstan  Reserves & Resource  Senergy independently estimated 2P reserves of 8.6 mmbbls in 2010  New Senergy reserves report to be released Q1 2011 based on results of r

  8. Slide 8: Forward looking plan

    Forward looking plan For personal use only  Reserves Growth: New report to be released Q1 Reserves and 2011 Production  Production Growth: expect to begin production Growth from J-50 and J-52 in 2011  Expect to be granted Trial Production Licences Transformation for J-50 and J-52 during 2011 from

  9. Slide 9: Key milestones – next months

    Key milestones – next 6 months For personal use only Schedule AIM dual listing Finalise re entry of soviet era NWZ 2 well Establish J-52 Z-sand flow rates Finalise J-50 Trial Production Licence Release Independent Reserves Report Establish J-52 Triassic flow rates Complete Block 31 extension

  10. Slide 10: Permit Details for Block 31

    Permit Details for Block 31 (100% owned) For personal use only  Acquired in June 2008  Work Program:  10 year Exploration licence (6 years to 2013 with 2 x 2-year extensions available on application)  25-year Production Licence  Contracted Working Program: 2009, 2010, 2011 and 2012* 2 for total

  11. Slide 11: Mangistau Basin Overview

    Mangistau Basin Overview For personal use only Block 31 AKTAU Main oil fields Zhetybai Oil Field (1Billion Barrels) Oil pipelines Caspian 20km Uzen Oil Field Gas pipelines Sea (5 Billion Barrels) Rail road Good location in a prolific oil basin with developed infrastructure in place

  12. Slide 12: Producing oilfields adjacent to Block 31

    Producing oilfields adjacent to Block 31 Production from adjoining fields For personal use only J-50 well North Akkar 350bopd Oil Field Ownership: MMG 23 mmbbls official reserves Mid Triassic Carbonates Mostly in eastern structure J-52 NWZ-2 NW Zhetybai Oil Field Ownership: Private Kazakh Jurassic S

  13. Slide 13: J-52 Block 31 Triassic Age

    J-52 Block 31 Triassic Age For personal use only Independent Reserves and Resources 20.8MMstb Triassic Reserves + Resource (100% owned) TRIASSIC RESERVES Reserves STOIIP Reserve (MMstb) (MMstb) P90 / 1P 21.4 5.5 P50 / 2P 31.0 8.6 P10 / 3P 43.0 13.4 TRIASSIC RESOURCE Prospective STOIIP Prospective Re

  14. Slide 14: Block 31 Reserves and Resource Summary

    Block 31 Reserves and Resource Summary For personal use only Prospective Resources and Proven Reserves post drilling of J-50 and J-52 After J-50 After J-52 Formation/Area Recoverable Reserves/Resources Recoverable Reserves/Resources (MMstb) (MMstb) Senergy* AGR* JPR AGR* Senergy* Triassic Reserves +

  15. Slide 15: Block 31 Development Concept

    Block 31 – Development Concept (based on J-50 and J-52 results) For personal use only

  16. Slide 16: Potential Economic Development Proposal

    Potential Economic Development Proposal For personal use only Base line assumptions.  Drilling Schedule  5 exploration wells: 2009, 2010, 2011, 2012 (2)  9 development wells in 2013/2014  Well Design  Simple vertical wells with fracture stimulation only.  Production Decline Rate  Assumed 5% p

  17. Slide 17: Potential Economic Development Proposal

    Potential Economic 4 year development of Block 31 Development Proposal For personal use only  Production rate of 500 bopd per well.  5% annual decline rate including workover improvements.  Anticipated 2015 peak production ~5000 bopd Average Daily Production (Mstdb/d) 6.000 5.000 4.000 3.000 2.00

  18. Slide 18: Value Proposition

    Value Proposition For personal use only  On a 2P/EV multiple JPR appears well priced now and is expected to provide improved value with anticipated reserves upgrade  Currently $US6 per barrel 2P reserves of 8.6mmbbls  2P reserves upgrade expected Q1 2011  Independently verified reserves. Develop

  19. Slide 19: Future Upside

    Future Upside For personal use only JPR will deliver superior shareholder returns via:  Block 31 based on  Extend Block 31 on  Further acquisitions success with both trend with an as value accretive the J-50 and J-52 already proven oil opportunities wells. structure. become available in country.

  20. Slide 20: Contact

    Contact For personal use only Further Questions? Geoff Gander Executive Chairman Jupiter Energy Limited M: +61 417 914 137 (AU) M: + 44 7974 241 412 (UK) M: +7 701 221 8907 (KZ) E: geoff@jupiterenergy.com.au

  21. Slide 21: Expert Statements

    Expert Statements For personal use only  Triassic Structure (Senergy evaluation) The information in this document which relates to Triassic oil reserves (2P) and prospective resource (P50) is based on information compiled by Senergy Limited, an international oil & gas consulting company that specia

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