Key Petroleum Limited · ASX:KEY
Key Petroleum — Shareholder Meeting (November 2015)
16 slides from Key Petroleum's shareholder meeting presentation, Nov 23, 2015
Slide 1: Annual General Meeting – Managing Directors Overview
Level 2 47 Stirling Highway Nedlands WA 6009 T: + 61 (08) 6389 0322 F: + 61 (08) 6389 0697 For personal use only 23 November 2015 The Manager The Australian Securities Exchange The Announcements Officer Level 4/20 Bridge Street SYDNEY NSW 2000 Dear Sir ANNUAL GENERAL MEETING – MANAGING DIRECTORS OVE
Slide 2: Managing Directors AGM Presentation
Level 2 47 Stirling Highway Nedlands 6009 Western Australia T: + 61 (08) 6389 0322 For personal use only F: + 61 (08) 6389 0697 Managing Directors AGM Presentation 23 November 2015 Kane Marshall
Slide 3: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement Disclaimer For personal use only The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination of Key Petroleum Lt
Slide 4: Experienced Team
Experienced Team Managing Director Mr Kane Marshall For personal use only Petroleum Engineer and Geologist BSc (Geology), BCom (Corp. Finance) & MPetEng Non- Executive Chairman Mr Rex Turkington BCom(Hons), BCA, GAICD, AAFSI, ADA1 (ASX) Non-Executive Director Mr Dennis Wilkins Accountant BBus, ACIS,
Slide 5: Company Overview
Company Overview Shares on Issue 722,358,441 For personal use only Share Price 0.4 cents Market Capitalisation AU$ 2.9 million Cash Position 30/09/15 AU$ 2.2 million Enterprise Value comparisons - Canning & Perth Basin Juniors $4,000,000 $3,500,000 Average Enterprise Value $2.3 million $3,000,000 $2
Slide 6: Share Price Movement
Share Price Movement – 6 Months For personal use only Key Petroleum Limited ASX 200 - Energy Sector
Slide 7: Current Outlook and Strategic Focus
Current Outlook and Strategic Focus Strategically positioned acreage close to ports and coastal towns in known oil and gas For personal use only provinces EP437 prospects located 4-5 hour drive by truck from Kwinana refinery EP448 prospects are 7 hours by truck from Broome port with any future crude
Slide 8: EP437 – North Perth Basin, Western Australia
EP437 – North Perth Basin, Western Australia Prospectivity For personal use only Focused on prospectivity in the eastern part of the Permit, largely due to the fact that prospects in the sedimentary sequences in this area are on trend with both the Yardarino Gas Field and the more recently discovere
Slide 9: R1, L15 & EP104 - Northern Canning Basin, Western Australia
R1, L15 & EP104 - Northern Canning Basin, Western Australia Prospectivity Black Rocks Acreage on margins of underexplored basin along the Lennard Shelf For personal use only Blina Oil adjacent to the Fitzroy Trough Field Proven discoveries in acreage – West Kora-1 (L15) and Point Torment-1 Ungani Oi
Slide 10: R1 – Untested Potential
R1 – Untested Potential No flow testing on previously drilled Valentine-1 which was plugged and abandoned then sidetracked to Anderson sands with Stokes Bay-1 area where no seal is mapped by Key over For personal use only Anderson sands Elevated hydrocarbon shows drilling Laurel Formation (below (le
Slide 11: L15 – Discovered West Kora Oilfield
L15 – Discovered West Kora Oilfield Kora-1 modelled to be discrete oil pool to that of West Kora-1 with potential up-dip attic oil not produced For personal use only Maiden Resource reporting currently being finalised as part of maturing work for workover and exploration drilling in L15 Production L
Slide 12: EP104 – Newly Understood Frontier Acreage
EP104 – Newly Understood Frontier Acreage Significant breakthrough in the understanding of prospective reef trends along the Lennard Shelf For personal use only Company making prospects with permit in good standing with government Prospective Devonian reef trend occurs at the northern tip of Point T
Slide 13: Project Development in the Kimberley Region, Western Australia
Project Development in the Kimberley Region, Western Australia Projects Create Demand For personal use only Pilbara Iron Ore Projects: Power generation from gas result in large scale changes to project economics and mine life Resource projects located close to Key acreage include: Panoramic Resource
Slide 14: EP448 – Southern Canning Basin, Western Australia
EP448 – Southern Canning Basin, Western Australia Mapped Prospects Two currently mapped prospects Griffith and Patterson with For personal use only best estimate un-risked prospective resources of 30 and 14 million barrels that are ready to drill in northern part of EP448 Several other leads identif
Slide 15: Looking Ahead to 2016
Looking Ahead to 2016 Company currently active in new venture evaluations as it seeks to diversify For personal use only portfolio of assets Key has met 2015 equity market challenges with continuing prudent capital management and in parallel holding discussions with distressed companies for asset ac
Slide 16: For further information please contact
For personal use only For further information please contact Mr Kane Marshall Telephone: +61 (0) 8 6389 0322 www.keypetroleum.com.au Follow us and like us on: