Maverick Minerals Australia Ltd · ASX:M96
Maverick Minerals Australia — Exoma Energy — Shareholder Meeting (November 2013)
13 slides from Maverick Minerals Australia's shareholder meeting presentation, Nov 28, 2013
Slide 1: 2013 Annual General Meeting CEO's Presentation
2013 Annual General Meeting CEO’s Presentation 28 November 2013
Slide 2: Exoma Energy
Exoma Energy An ASX listed petroleum company (ASX: EXE) Principal Activities: • Oil and gas exploration in the Galilee Basin • New ventures – seeking acquisition, farmin or corporate transactions Issued Capital: • 417 million ordinary shares • 5.3 million staff performance rights (vesting 1 July 201
Slide 3: 2013 Review
2013 Review Exoma has undertaken a major change in direction in response to disappointing exploration results in the Galilee Basin. The 2011 and 2012 drilling programs have shown that Toolebuc shale and Coal Seam Gas plays in the centre of the basin are likely to be non-commercial. However, localise
Slide 4: 2013 Operational Focus
2013 Operational Focus As Operator of the Galilee Joint Venture, Exoma continued the exploration effort to consolidate the information gained over the 2011 and 2012 drilling campaigns. The objectives were to extract as much value as possible from the data generated by drilling and geochemical analys
Slide 5: 2013 Post Relinquishment Permit Areas
2013 Post Relinquishment Permit Areas 5
Slide 6: Exploration Summary
Exploration Summary The exploration programs conducted in 2011/12 and 2012/13 provided a solid technical appraisal of the central part of the Galilee Basin. The Joint Venture embarked on a strategic approach to exploring the very large acreage position by conducting regional exploration focussed on
Slide 7: Galilee Basin – Leads and Prospects
Galilee Basin – Leads and Prospects 7
Slide 8: Shale Oil
Shale Oil Target: Unconventional oil/gas in the Cretaceous Toolebuc Shale. The Toolebuc shale has been evaluated as a potential unconventional oil play. The Galilee Joint Venture has tested the shale play regionally with 15 core and chip holes. Detailed geochemical analysis shows that the shale is i
Slide 9: Conventional Oil
Conventional Oil Target: Conventional oil in Jurassic sandstone reservoirs There is extensive evidence of an oil system in this northern part of the Eromanga Basin: • Oil recovered from Corona-1 in ATP 999P (Ampolex, 1985) • Oil shows at Katherine-1, Katherine West-1, Fittleworth-1 and Silverfox-1 (
Slide 10: Conventional Gas
Conventional Gas Target: Conventional gas in sandstone members of the Permian coal measures. Review of drilling records and logs at Prairie-1, in ATP 996P, indicate the presence of free gas in a sandstone member of the Betts Creek coal measures. The seismic interpretation of that area suggests that
Slide 11: Coal Seam Gas
Coal Seam Gas Target: CSG in the Permian age Betts Creek and Aramac coal measures The Permian coal measures have been evaluated as a potential strategic gas resource. The Joint Venture has tested the CSG play in the centre of the Galilee Basin with 9 core and chip wells. The coal measures in this pa
Slide 12: New Ventures
New Ventures Exoma has invested significant management time on new ventures in 2013, aiming to expand and diversify its portfolio. Exoma has adopted a lower risk strategic focus, prioritising: • Conventional oil and gas plays; • Producing or developing basins with access to established markets. Exom
Slide 13: Planned Program for 2014
Planned Program for 2014 New Ventures Exoma will continue to screen new ventures opportunities. This business development process aims to address the strategic issues encountered during 2013: • Slow deal flow for quality opportunities • Substantial gaps between buyer/seller expectations • Substantia