Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Merger or Acquisition (October 2008)
19 slides from Amplitude Energy's merger presentation, Oct 29, 2008
Slide 1: Takeover Offer for Incremental Petroleum
For personal use only Takeover Offer for Incremental Petroleum Offer closing 7 November…ACCEPT NOW 29 October 2008
Slide 2: The ONLY Offer Open for Acceptance
For personal use only The ONLY Offer Open for Acceptance
Slide 3: The ONLY Offer open for acceptance
The ONLY Offer open for acceptance For personal use only Cooper’s Offer is unconditional, price is final, and the Offer will expire Friday 7 November 2008 • Cooper’s Offer is certain, unconditional and open for Pre Bid Announcement Premia1 immediate acceptance: Offer Value 132 cps 1 – 50 cents CASH
Slide 4: TransAtlantic's proposal in context
TransAtlantic’s proposal in context For personal use only TransAtlantic’s proposal is highly conditional and may not even proceed Cooper’s Offer TransAtlantic’s Inferior Proposal Open for Acceptance ? 9 x Cash Alternative ? 50 cents cash plus 1.9 Cooper 105 cents cash for one Incremental Share, Shar
Slide 5: Target's Statement claims in context
Target’s Statement claims in context For personal use only Attractive • Whilst Incremental may be undervalued by the market, Cooper is too Broadly comparable fiscal regimes and only Offer • Incremental shareholders are receiving a premium, Turkey 66% Incremental Cooper whilst also sharing in the ben
Slide 6: Why ACCEPT now?
Why ACCEPT now? For personal use only Do you want to remain exposed to a thinly traded, undercapitalised small cap company that has traditionally focused on unfranked dividends at the expense of developing assets to their full potential? ... partnering with Cooper will help realise the potential • C
Slide 7: Invest in Australia's New Mid-Tier E&P Company
For personal use only Invest in Australia’s New Mid-Tier E&P Company
Slide 8: Invest in Australia's New Mid-Tier E&P Company
Invest in Australia’s New Mid-Tier E&P Company For personal use only • Through Cooper’s Offer, Incremental shareholders have A New E&P Company an opportunity to Peer market capitalisation1 (A$mm) remain invested and participate in the significant S&P/ASX 300 Companies Market Capitalisation (A$mm).
Slide 9: Complementary portfolios that increase global reach
Complementary portfolios that increase global reach For personal use only Attractive geographical spread of exploration, appraisal and ▲ Production development interests across five continents Australia Callawonga oil field (25%) Worrior oil field (30%) Christies oil field (25%) Sellicks oil field (
Slide 10: Increased Diversification
Increased Diversification For personal use only Cooper Incremental Merged Group Seven Producing Fields One Producing Field Eight Producing Fields Net Callawonga Cooper Silver Sands Incremental (7 fields) Production1 Sellicks Selmo 100% 45% (1 field) 55% (bopd) Christies Parsons Cleansweep Worrior To
Slide 11: Stronger portfolio, positioned for growth
Stronger portfolio, positioned for growth For personal use only Exploration Potential Developed Production Development Potential (Value Step Change) (Value Underpinning) Australia Focus: Oil Focus: Oil Focus: Oil Cooper Indonesia Focus: Oil/Gas Focus: Gas Tunisia Focus: Oil Focus: Oil Incremental Tu
Slide 12: Overview of Cooper
For personal use only Overview of Cooper
Slide 13: Cooper Overview
Cooper Overview For personal use only Cooper has strong base production and reserves, a large exploration and appraisal portfolio and a significant cash balance and cash flow to exploit growth opportunities • Onshore and offshore conventional oil and gas E&P company • Australian production of 380,13
Slide 14: Australian Appraisal and Exploration Highlights
Australian Appraisal and Exploration Highlights For personal use only PEL 92 (Cooper Energy 25%) Callawonga (Cooper Energy 25%) Sumulation study has Clean-up identified a 3,362 bopd number of additional potential drainage points Clean-up 1,430 bopd • Discovered in July 2006 • ~6 million barrels oil
Slide 15: Tunisian Exploration: Bargou (Cooper Energy 100%)
Tunisian Exploration: Bargou (Cooper Energy 100%) For personal use only Located in Gulf of Hammamet, Tunisia • Located adjacent to Hammamet Permit • Successfully completed a 2 year Prospecting Permit with work program exceeded • Recently converted to a 5 year Exploration Permit with one well commitm
Slide 16: Tunisian Exploration: Hammamet (Cooper Energy 35%)
Tunisian Exploration: Hammamet (Cooper Energy 35%) For personal use only Located in Gulf of Hammamet, Tunisia • Located adjacent to Bargou and subject to farm in • CY07 3D seismic over these and other targets • Fuschia exploration prospect being matured for 2009 drilling • Additional upside in appra
Slide 17: Indonesian Exploration
Indonesian Exploration For personal use only South Madura PSC (Cooper Energy 30.0%) Seruway PSC (Cooper Energy 22.5%) • Located in North Central Java • Located in North East Sumatra • Kurnia-1 made non-commercial gas • Shallow water block with good access to discovery (gas to surface but tight reser
Slide 18: Disclaimer and Important Notice
Disclaimer and Important Notice For personal use only • This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdi
Slide 19: For personal use only
For personal use only www.cooperenergy.com.au “Infinite potential, solid results”