Prominence Energy Limited · ASX:PRM

Prominence Energy — Sun Resources NL — RIU Good Oil Conference 2014

15 slides from Prominence Energy's conference presentation, September 2014

  1. Slide 1: High Impact, Funded Near-Term Drilling

    High Impact, Funded Near-Term Drilling RIU Good Oil Conference, September 2014 Jack Howe #1 Coring Lower Woodbine

  2. Slide 2: Important Information Disclaimer

    Important Information Disclaimer This presentation has been prepared by Sun Resources NL (“Sun”) for the purpose of providing a company and technical overview to interested parties to enable recipients to review the business activities of Sun. This presentation is limited in scope and is not intende

  3. Slide 3: Investment Highlights

    Investment Highlights  Diversified position within two leading US onshore unconventional resource plays in Texas ‒ Woodbine1: 28,669 gross (18,203 net1) acres Premier Acreage  ‒ Eagle Ford: 10,028 gross (5,014 net) acres Position ‒ Total acreage position: up to 38,697 gross (23,217 net) acres  Ac

  4. Slide 4: Capital Raising Details

    Capital Raising Details Capital Raising Details Transaction Timetable  $10.0m capital raising comprising a $4.0 million 1. Announcement of Capital Raising 28 August institutional placement and $6.0 million renounceable and resumption of trading Capital rights issue  Issue price of 1.0 cent with a

  5. Slide 5: Corporate Overview

    Corporate Overview Capital Structure : Post-Capital Raising1 Share Price / Volume History 0.040 80 ASX code SUR 0.035 70 Ordinary shares on issue 3,652m 0.030 60 Performance options2 140m Volume (m) Price (A$) 0.025 50 Listed options 504m 0.020 40 Unlisted options (various prices) 215m 0.015 30 Curr

  6. Slide 6: Experienced Board & Management Team

    Experienced Board & Management Team  Currently an Emeritus Professor at the University of Melbourne, Fellow of the Academy of Technological Sciences and Engineering and a Fellow Prof. Ian R Plimer of the Australasian Institute of Mining and Metallurgy (Non Exec. Chairman)  Serves on the boards of

  7. Slide 7: Asset Portfolio - Snapshot

    Asset Portfolio - Snapshot Upon successful completion of the Land Acquisitions, Sun will have an interest in ~23,000 net acres across 8 projects. Woodbine Projects Project Net acres 1 Delta (Petro-Hunt AMI) 910 2 Delta Oil 9,803 Texas Southern Oil (Amerril, 3 2,991 mostly SW Leona) 4 Beeler Oil 230

  8. Slide 8: Woodbine Projects

    SUN resources2 Woodbine Projects

  9. Slide 9: Woodbine: Sun's Projects

    Woodbine: Sun’s Projects Sun has a working interest in over ~18,000 net acres across its 7 Woodbine Projects. Project Table Leasehold and activity map 3 Working Acres Net Royalty Map Project Interest Interest (%) Gross Net (%) 1 Southern Woodbine¹ TBC TBC 1,980 1,980 2 Normangee 50.0% 37.5% 3,852 1,

  10. Slide 10: Funded For Up-coming High Impact Drilling Program

    Funded For Up-coming High Impact Drilling Program  Primary purpose of the Capital Raising is to fund the drilling, multi-stage fraccing and flow testing of Jack Howe #1 Lateral Well (“Jack Howe”)  Located in the Normangee Oil Project (Sun 50% WI and Operator) in Southern Woodbine Region) − Success

  11. Slide 11: Lower Woodbine Lateral Well Oil Completions: Southern Woodbine Leases Currently

    Lower Woodbine Lateral Well Oil Completions: Southern Woodbine Leases Currently Location of New Sun Leases: ~1,980 gross acres. 5 SW Leona Area of Amerril Oil Project (Refer to slide 12 for project mapping to wider land holding position) 1 (Refer to slide 12 for project mapping to Completion BOPD (3

  12. Slide 12: Woodbine: Multiple Oil Targets

    Woodbine: Multiple Oil Targets Multiple oil targets … focus required  Austin Chalk  Sub Clarksville Sandstone  Eagleford Shale  Woodbine  Buda  Bossier Upper Middle Lower 12

  13. Slide 13: Eagle Ford Project

    SUN resources2 Eagle Ford Project 13

  14. Slide 14: Eagle Ford: Badger Project

    Eagle Ford: Badger Project Asset Overview Leasehold and activity map WI%  50% NRI%  Sun leases at 75% NRI Operator  Ursa Net Acres  5,014  Bastrop County, Texas Location  Acreage adjacent to the Giddings oil field, a prolific Austin Chalk oil field that has produced over 1 billion barrels of o

  15. Slide 15: Contact Sun, or visit the website for further information

    Contact Sun, or visit the website for further information www.sunres.com.au Matthew Battrick Interim CEO Sun Resources NL L2, 30 Richardson Street t: (+61) 8 9321 9886 West Perth m: (+61) 416 111 298 WA 6005 f: (+61) 9321 8161 e: mab@sunres.com.au 15

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