Bass Oil Ltd · ASX:BAS
Bass Oil — Investor Presentation (February 2015)
13 slides from Bass Oil's investor presentation, Feb 17, 2015
Slide 1: Investor Presentation February 2015
For personal use only INVESTOR PRESENTATION February 2015
Slide 2: Corporate Summary
DORPORATE C DISCLAIMER ISCLAIMER SUMMARY For personal use only Key Message Capital Structure • Strategic acreage positions in Gippsland and Shares on Issue 603.3M Otway Basins • Significant upside and leverage to East Coast gas Market Cap (@ $0.005) $3.0M thematic and further industry consolidation
Slide 3: Board & Management
DOARD B D&ISCLAIMER ISCLAIMERMANAGEMENT For personal use only Experienced oil and gas team in place with significant “skin in the game” Peter Mullins Hector Gordon Non-Executive Chairman Non-Executive Director Corporate finance Petroleum geologist Former Director of Somerton Energy Executive
Slide 4: Investment Highlights
IDNVESTMENT DISCLAIMER ISCLAIMER HIGHLIGHTS For personal use only Concentrated, trend focused acreage Permits located close to existing producing fields, infrastructure and gas markets Exposure to strong outlook for East Coast gas demand Gippsland Basin is the centre of recent industry activ
Slide 5: Gippsland Basin (VIC/P68 & VIC/P41)
DISCLAIMER G DISCLAIMER IPPSLAND BASIN (VIC/P68 & VIC/P41) For personal use only VIC/P68 (BAS 100% & Operator) VIC/P41 (BAS 64.454% & Operator) • 3D defined high impact gas prospects (Kipling West, Kipling and Benchley) identified along the Rosedale Fault Trend • Up-dip analogues of the Kipper Gas a
Slide 6: Forward Work Program – Existing Assets
FDORWARD DISCLAIMER WORK PROGRAM – EXISTING ASSETS ISCLAIMER For personal use only Subsequent Current Year Basin Permit Current Year Committed Work Committed Work Program Program Geological & Geophysical Year 3, (29/11/2013 - Vic/P41 Studies (estimated expenditure Drill one exploration well Gippslan
Slide 7: Corporate Strategy
DORPORATE C ISCLAIMER STRATEGY For personal use only Completed Commenced Ongoing Consolidate Portfolio, Strategic Review Identify Future Growth Options Reduce Costs & New Team • Ongoing interpretation of • Ongoing screening to • Withdrawn from deep water seismic data and review of commence for new p
Slide 8: Summary
SDUMMARY DISCLAIMER ISCLAIMER For personal use only BAS is poised to leverage its strategic acreage positions in the Gippsland and Otway Basins to deliver value for shareholders The Company has consolidated activity around permits of high value in the Gippsland and Otway Basins Highly experience
Slide 9: Disclaimer
DISCLAIMER DISCLAIMER For personal use only DISCLAIMER This presentation has been prepared by Bass Strait Oil Company Ltd (“BAS” or the “Company”), with the purpose of providing general information about the Company. It should not be considered as an offer or invitation to subscribe for or purchase
Slide 10: Contacts
For personal use only CONTACTS EXECUTIVE DIRECTOR Tino Guglielmo +61 3 9927 3000 +61 407 336 668 INVESTOR RELATIONS Rohin Muller +61 8 8232 8800 +61 435 867 819
Slide 11: Appendix A - Eastern Australian Gas Market
DPPENDIX A - EASTERN AUSTRALIAN GAS MARKET ISCLAIMER For personal use only • Robust outlook for domestic gas demand – commercial demand and shortfall for LNG export projects • Limited supply options – prompting renewed industry activity in Gippsland and Otway Basins Export and domestic market demand
Slide 12: Appendix A - Gippsland Basin Dynamics
DPPENDIX A - GIPPSLAND BASIN DYNAMICS ISCLAIMER For personal use only Improving economic viability of Gippsland Basin gas resources • Economic viability of Gippsland Basin gas resources have been significantly improved with increases in domestic gas prices • Continuing strength in east coast gas pri
Slide 13: Appendix A - Otway Basin (PEP 150)
DPPENDIX A DISCLAIMER - OTWAY BASIN (PEP 150) ISCLAIMER For personal use only PEP 150 (BAS 15%) Beach Energy • Large onshore acreage holding prospective for Ltd (operator) and Cooper Energy Ltd conventional and unconventional gas with high Cooper Energy Ltd quality neighbours (operator) and New Hope