Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Investor Presentation (January 2016)
23 slides from Pancontinental Energy Nl's investor presentation, Jan 11, 2016
Slide 1: Investor Presentation
INVESTOR PRESENTATION For personal use only January 2016 1
Slide 2: Disclaimer
Disclaimer For personal use only These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for
Slide 3: Disclaimer – Prospective Resources
Disclaimer – Prospective Resources For personal use only Prospective Resource Estimates Cautionary Statement The estimated quantities of petroleum in this report that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estima
Slide 4: Prime Acreage Focus in Africa
Prime Acreage Focus in Africa For personal use only Pancontinental’s 2012 Mbawa-1, exploration properties Kenya L8 are located on the The first ever gas African continental discovery offshore Kenya; margin. and the first ever hydrocarbon discovery On the East coast in offshore Kenya. Kenya, the Comp
Slide 5: Corporate & Project Snapshot
Corporate & Project Snapshot For personal use only Corporate Kenya ASX Code: PCL Emerging oil and gas province Share on Issue: 1,335 million Proven oil and gas systems Share Price: AU $0.004 Offshore Exploration Market Capitalisation: Licence: AU $5.3 million Block L6 PCL 40% Par
Slide 6: Pancontinental Management Team
Pancontinental Management Team For personal use only David Kennedy Barry Rushworth Ernie Myers Anthony Maslin Vesna Petrovic MA (Geology), BSc (Geology & CPA Bbus BComm CPA SEG Marine Sc) Non-Executive Executive Director, Executive Finance Independent Non- Company Secretary Chairman Chief Executive
Slide 7: Offshore Namibia
For personal use only Offshore Namibia 14
Slide 8: Offshore Namibia – Finding the Oil Sweet Spot
Offshore Offshore Namibia Namibia – Finding the Oil “Sweet Spot” For personal use only Namibia Licence 0037 Offshore Area 17,295 km2 Pancontinental’s Namibian acreage During the ten years that Pancontinental has been involved in the exploration industry of Namibia, it has worked up concepts of how a
Slide 9: Offshore Namibia – Theory on Oil Generation
Offshore Offshore Namibia – Finding Namibia – Theory on theOil OilGeneration “Sweet Spot” For personal use only Slope Incised Slope Pinchouts‐ SW Channels‐ Primary Primary Objectives NE Objectives Objective Basin Floor Fans‐ Primary Objectives Slope / Shelf OUTER INNER Boundary HIGH GRABEN Basin Flo
Slide 10: Namibia EL 0037
Namibia EL 0037 For personal use only 2008 - Pancontinental identified an Oil Mature Fairway 2011 - Acreage acquired 2012 - Wingat oil recovered and source rocks identified 2013 - Farmout to Tullow for 3D & 2D seismic and drilling – free carried with no financial exposure to Pancontinental
Slide 11: Namibia EL 0037 Prospects & Work Programme
Namibia EL 0037 Prospects & Work Programme For personal use only 4 main Prospects mapped on 3D seismic data More than 5 other strong leads in 3D area Extensive follow up opportunities available The Prospects are similar geologically to other West African oil discoveries ALBATROSS GANNET In
Slide 12: Namibia EL 0037 High Quality 3D Imagery
Namibia EL 0037 High Quality 3D Imagery For personal use only Palaeo Shelf Edge Sediment Input Sediment Input Sediment Input ALBATROSS SEAGULL & GANNET N CORMORANT SEAGULL & GANNET S 4 main Prospects mapped on high quality 3D seismic data The Cretaceous turbidite fans lie above oil mature source
Slide 13: Namibia EL 0037 Major Oil Potential on 3D Seismic
Namibia EL 0037 Major Oil Potential on 3D Seismic 3D For personal use only Seismic Albatross Lower Fan 4 Pancontinental estimates 925 Million Barrels of Oil* Lead potential in 4 main prospects mapped to date with- Seagull & Estimated resource potential of 260 Million Barrels net Gannet North to
Slide 14: Namibia EL 0037 Significant Follow-up Potential
Namibia EL 0037 Significant Follow-up Potential For personal use only 3D Area (2014) OIL POTENTIAL - 3D Area 4 Prospects with estimated Aptian Source Prospective Resources of 915 Million Central Zone Barrels of Oil* Numerous other Leads in 3D Area OIL POTENTIAL – 2D Area on trend to 3D PROSPE
Slide 15: Namibia EL 0037 Summary
Namibia EL 0037 Summary For personal use only Namibia EL 0037 Very large oil “sweet spot” exploration area LOCATION: Walvis Basin, Offshore Namibia Farmed out for extensive 3D, 2D and drilling to Tullow Oil PROJECT SIZE: Major Prospects identified on new 3D & 2D 17,295 square kilometres JOINT
Slide 16: Offshore Kenya
For personal use only Offshore Kenya 7
Slide 17: Offshore Kenya
Offshore Kenya For personal use only Kenya Pancontinental’s Kenyan acreage Kenya has been a focus of a new venture programmes for Pancontinental since the early 2000’s. The Company conducted early stage exploration processes which determined the prospectivity for oil. The exploration team developed
Slide 18: Offshore Kenya – Theory on Oil Generation
Offshore Kenya – Theory on Oil Generation For personal use only Throughout the years of exploration activity in Kenya, the Company has developed a theory of oil generation in the area. The Tana River which flows north from the area near Mt Kenya, into the Indian Ocean, carried sediments and nutr
Slide 19: Kenya L6 – Offshore & Onshore
Kenya L6 – Block Kenya OffshoreL6 & Onshore For personal use only Key Information Numerous Prospects and Leads Leads & Prospects include clastics and carbonates Hydrocarbon Potential 3D and 2D coverage Onshore and Offshore (Lamu Basin) opportunities Based on Pancontinental’s long held view
Slide 20: Kenya L6 Onshore
Kenya L6 Onshore Kenya L6 Onshore For personal use only During exploration Onshore farmed out to Milio International for 2D seismic, programmes carried out interpretation, mapping and an exploration well – free carried with in the area the Mamba, no financial obligations reverting back to Pancon
Slide 21: Kenya L6 Offshore
Kenya L6 Offshore Kenya L6 Onshore For personal use only A number of drill-ready prospects have been matured using 3D seismic and these are similar to the Sunbird-1 oil discovery well, drilled in 2014 in block L10A further south. It is believed that the L6 prospects have access to the same oil sou
Slide 22: Kenya L6 Summary
Kenya L6 Summary For personal use only Kenya L6 On-trend to play-opening Sunbird-1 oil discovery LOCATION: Onshore farmed- out for seismic and drilling Lamu Basin, Onshore /Offshore Kenya PROJECT SIZE: 3D over offshore Miocene Reefs (Kifaru and Kifaru W) 5,010 square kilometres JOINT VENTURE P
Slide 23: Summary
Summary For personal use only Kenya Offshore & Onshore Onshore & Offshore Block totaling 5,010 sq km Ground-breaking oil + gas discoveries - 2012 & 2014 Onshore seismic preparations underway Drilling decision post seismic outcomes Namibia Offshore 3 Offshore Blocks covering 17,000 sq km
Pancontinental Energy NL — Investor Presentation (January 2016) on 6ix