Jupiter Energy Limited · ASX:JPR
Jupiter Energy — Non-Deal Roadshow (May 2009)
26 slides from Jupiter Energy's roadshow presentation, May 2009
Slide 1: Block 31: An Investment Opportunity
Block 31: An Investment Opportunity May 2009 | www.jupiterenergy.com.au
Slide 2: Forward looking statements
This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the exceptions reflected in these statements are reasonable, but they may be effected by a variety of variables which could cause actual results or tre
Slide 3: Jupiter Energy Limited Kazakhstan
JUPITER ENERGY LIMITED Kazakhstan
Slide 4: Corporate Overview
C Corporate t OOverview i • Jupiter Energy Limited is a listed company trading on the Australian Stock Exchange (ASX) under the ticker “JPR”. g reviewing • JPR began g oil & g gas opportunities pp in Kazakhstan in early y 2007. • JPR has since then reviewed a range of acquisitions from exploration p
Slide 5: Technical Leadership
JPR Executives E ti Technical Leadership K ith M Keith Martens t B.Sc. in Geophysics / Geology 30 years experience in onshore oilfield discovery and remediation Exploration manager at SANTOS, Tap Oil and BOW energy Has reviewed 100+ opportunities in Kazakhstan Responsible for all JPR explo
Slide 6: Local Kazakh Representation
L Local lKKazakh kh R Representation t ti Executive Director E ki S Erkin Svanbayev b Based in Almaty, Kazakhstan Oil trader responsible for exporting c 1m barrels a month out of Kazakhstan Responsible for managing all interaction with Kazakh Government and Industry officials
Slide 7: JPR Australian Board Members
JPR A Australian t li B Board dMMembers b E Executive i ChChairman i Geoff Gander Manages interaction with finance community Responsible for day to day business operations Non Executive Director Andrew Childs Geologist by background Involved in a number of listed oil companies
Slide 8: Regional map of oil fields and pipelines
Se eee ee ee ee eee ee ee ee ee ee eee ee | oe ee eee JUP TER ENERGY LIMITED See deown es ae cen eceses Oe edoscoes es tecces ces eeesdaccessssfevacue Main oil fields Oil Pipelines Gas Pipelines Railroad penennennanenennncedivenennanenenessnnnnanrt nin” Ja 0 es | 4km A | |
Slide 9: Block 31 Overview
Bl k 31 O Block Overview i Initial permit acquired by JPR in June 2008. Size was approximately 100 square kms and located in the Zhetybai-Uzen step of the Mangistau Basin, close to infrastructure and the city of Aktau. Permit has a 10 year exploration licence (6 years with 2 * 2 year extension
Slide 10: Stratigraphic column
JUPITER ENERGY LIMITED SEALS . = Lada! LEGEND FIELDS ENVIRONMENT EVENTS ACTIVITY SEQUENCES SEISMIC MARKERS: betas" aa me AE COLLISION OF Ee Mudistone, shale, clay ee an @ Primary TARGETS ° ames COMPRESSION Argil 8 H “sim | z|5 = = UPLIFT ° - TRANSITIONAL oF é CONTINENTAL TO . | FS] E5333 ; t=] Sand,
Slide 11: Data Summary
Data Summary Block 31 has 2 parts with the 3D seismic recently shot providing 95 square kms of full fold coverage over the western part (Part 1). No 3D was shot over the eastern part (Part 2). This 3D survey forms the main data used for prospect identification and the quantifications contained in
Slide 12: Block 31 seismic and prospects map
JUPITER ENERGY LIMITED ¥ rae) Oil Field (Jupiter Owned) Oil Field Outlines Recently Completed 3D Block 31 Jupiter 100% seeteeeeeeees Triassic Updip NW7Z2 Prospect secseesseeees Jurassic XI Updip NWZ2 Prospect FreidEeeermion RN icant Sealing Faults Block 3| Jurassic XIll Updip NW/2Z2 Prospect 23 mmbb
Slide 13: Historic Drilling Log Analysis
JUPITER ENERGY LIMITED Historic Drilling Log Analysis Jurassic X-XIl no shown. Wet on logs not in closure.
Slide 14: Seismic drill line section
JUPITER ENERGY LIMITED Drill Line — Xline 2347 Drill Line (10m contour) A AD pASt: re 10}
Slide 15: Updip NWZhetybay 2 Primary Targets
JUPITER ENERGY LIMITED Updip NWZhetybay2 “ts Primary Targets % Recoverable _ Formation Oil-in-place —_ Oil Potential Updip NWZ #2 | Jurassic XIll ee 11.144 mmbls Summary Updip potential Updip NWZ #2 | Triassic A & B | 29.859 B958mmbis| 0” “end to producing field
Slide 16: Akkar North Ext.
Akkar North Ext. Formation : Triassic A & B Area (hectares) : 156 Porosity : 9.5% Net Pay (m) : 30 Sw % : 42% Recovery % “ 30% Geometric Correction : 90% Oil-in-place : 12.537 Recoverable Oil Potential : 3.761 mmbls
Slide 17: Geology Factors in the Area
G l Geology F t Factors in i the th Area A Source/Charge - multi billion barrels trapped in basin, surrounding structures and only modern well in the permit have movable oil Seal - Main targets (Triassic A&B, Jurassic XIII) have on trend seals Reservoir R i - Producing P d i T Triassic i i A&B
Slide 18: Recoverable oil potential by formation
JUPITER ENERGY LIMITED Recoverable -in-place__ Oil Potential = Formation
Slide 19: Transport and Pipeline Infrastructure
Transport Infrastructure is within 10kms of the Block 31 permit Pipeline Pi li - Eastern Europe - Baltic - Black Sea - Proposed Eastern Link to China Caspian Trade - tanker - Baku - Iran (oil swap) Rail - Aktau - Caspian trade Road - Aktau - Caspian trade
Slide 20: Next Steps
N t St Next Steps Block 31 has an approved 2009 working program that covers the drilling of the permit’s 1st exploration well to a depth of 3100m 3100m. Budget: $US5.7m $US5 7m Subsequent yearly working programs on the permit are expected to be: 2010: 2nd exploration well: $US5.7m 2011: 3rd expl
Slide 21: Kazakh Fiscal Regime
K Kazakh kh Fi Fiscall R Regime i Corporate income tax has been reduced to 20% in 2009 and will continue to drop to 17 5% in 2010 and then to 15% in 2011 17.5% 2011. Rent tax on Oil Exports rates set at 0 – 32%, with higher rates applied to larger amounts of exports .(JPR has used a rate of 7% i
Slide 22: Financial Snapshot
Financial Snapshot Range of Gross Revenues per Year Allocations based on $US 50/barrel
Slide 23: Summary of the Opportunity
S Summary off the th Opportunity O t it Extended Block 31 offers a range of targets based on the latest 3D seismic, historical drilling results and the fact that the area is in close proximity to proven oilfields oilfields. 3D seismic is complete and specific targets have been identified. Expe
Slide 24: Further Questions?
F th Questions? Further Q ti ? Geoff Gander Chairman Jupiter Energy Limited M: +61 417 914 137 E: geoff@jupiterenergy.com.au
Slide 25: Disclaimer
Di l i Disclaimer This presentation was prepared exclusively for the benefit and use of potential investors in order to provide an update on the future business directions of Jupiter Energy Limited (“JPR”) and neither the presentation nor its delivery to any prospective investor shall constitute an
Slide 26: Competent Person Statement
C Competent t t Person P Statement St t t The information in this document that relates to oil exploration results and reserves is based on information compiled by Mr. Keith Martens who is a Director of Martens Petroleum Consulting Pty LtdLtd. Mr Mr. Keith Martens has sufficient experience which is