NGE Capital Ltd · ASX:NGE
NGE Capital — New Guinea Energy — Investor Presentation (November 2011)
27 slides from NGE Capital's investor presentation, Nov 8, 2011
Slide 1: November 2011
For personal use only November 2011
Slide 2: Disclaimer
The information in this presentation is in summary form and should not be relied upon as a complete and accurate representation of New Guinea Energy Ltd and or its various business activities. While management has taken every effort to ensure the accuracy of the material in the presentation, the pre
Slide 3: Index
INDEX For personal use only I NGE CORPORATE OVERVIEW II PNG – WORLD CLASS E&P DESTINATION III NGE – ASSETS AND EXPLORATION PROGRAMS 3
Slide 4: NGE Corporate Overview
For personal use only I NEW GUINEA ENERGY CORPORATE OVERVIEW 4
Slide 5: New Guinea Energy Corporate Overview
NEW GUINEA ENERGY CORPORATE OVERVIEW High Potential Exploration Portfolio For personal use only • First mover advantage on Western Province acreage • 6 onshore licences, 44800km2 (11M acres), 50-100% interest • Balanced portfolio of both oil and gas prospects • >8500mmboe unrisked PIIP1 • 1000 mmboe
Slide 6: Capital Structure at November 2011
CAPITAL STRUCTURE at 1 NOVEMBER 2011 For personal use only T di St Trading Statistics ti ti ASX Code: NGE This Month No of Shares Listed: 846,541,193 Last $0.06 Market Cap: A$51 million at $0.06 High $0.066 Low $0.046 Options: 12,000,000 exercisable @ $0.30 before 1 March 2012 Highest Daily 3,2643,9
Slide 7: NGE Corporate Directory
NGE CORPORATE DIRECTORY STRONG ENERGY & PNG EXPERIENCE For personal use only MANAGEMENT BOARD Grant Worner - Chief Executive Officer Michael Arnett - Executive Chairman A chemical engineer who spent 22 years with BP in E&P, Trading, A lawyer with over 20 years experience in capital raising and M&A i
Slide 8: PNG – World Class E&P Destination
For personal use only II PNG – WORLD CLASS E&P DESTINATION 8
Slide 9: PNG – World Class E&P Destination
PNG – WORLD CLASS E&P DESTINATION For personal use only Government • Independence in 1975, pro-development • Constitutional parliamentary democracy • Excellent fiscal terms, ranked 8th in the world Close Historical Ties with Australia LNG Exports from 2014 • Australia is PNG’s largest g aid donor;;
Slide 10: Current PNG Oil & Gas Industry Participants
CURRENT PNG OIL & GAS INDUSTRY PARTICIPANTS Exploration Development Production Offtake For personal use only Petromin Chinese Petroleum Co 10
Slide 11: Overview of PNG Participants
OVERVIEW OF PNG PARTICIPANTS For personal use only 11
Slide 12: Overview of PNG Plays
OVERVIEW OF PNG PLAYS For personal use only 2 Tf 2+Tcf 10+Tcf 9Tcf Gas/LNG Reserves discoveries Oil/Condensate 1Tcf 12
Slide 13: Overview of PNG Plays
OVERVIEW OF PNG PLAYS For personal use only 50+mmbbl 1.1Tcf 2.7Tcf 0.45Tcf 1.2Tcf 0.6Tcf 8mmbbl 6.7Tcf 44mmbbl 25mmbbl 75mmbbl 227mmbbl 80mmbbl 0.8Tcf 35mmbbl 8 5Tcf 8.5Tcf Gas/LNG 120mmbbl 0.7Tcf Reserves discoveries Oil/Condensate 1Tcf 13
Slide 14: Recent Activity in PNG Exploration
RECENT ACTIVITY IN PNG EXPLORATION 2009 For personal use only April Oil Search farms into Eaglewood Energy’s PPL 260. May Papua Petroleum farms out 4 PPLs to Sasol. June Santos sells 50.35% of PRL 4 and 24.82% of PRL 5 to P3 Global Energy. Talisman purchases Rift Oil, acquiring PPL 235 (Douglas and
Slide 15: NGE – Assets and Exploration Programs
For personal use only III NGE – ASSETS AND EXPLORATION PROGRAMS 15
Slide 16: New Guinea Energy History
NEW GUINEA ENERGY HISTORY 2005 - 2008 For personal use only • Company start-up and acquisition of PNG licences • Seismic and aerogravity programmes • Listed on ASX and POMSOX 2009 Significant changes in Board membership and Management 2010 • Farmout two licences to Talisman • Drill 1st exploration w
Slide 17: Exploration Portfolio
EXPLORATION PORTFOLIO For personal use only • 6 onshore licences, 44800km2, 50-100% interest • Balanced portfolio of both oil and gas prospects • >8500mmboe 8500mmboe unrisked PIIP1 P d Predominantly l Oil O l Plays Pl P d Predominantly l Gas G Plays Pl Licence Unrisked PIIP (mmboe) Leads Licence Un
Slide 18: Impending Growth Catalysts
IMPENDING GROWTH CATALYSTS (Excluding Farm-out and Corporate Negotiations) For personal use only 4Q 2011 • PPL269 Equity decision - PRL3 P’nyang Appraisal Well (Regional activity) • New drilling rig in PNG - PPL235 Weimang Exploration Well (Regional activity) • PPL265 seismic acquisition 1st Half 20
Slide 19: PPL265 unrisked PIIP and leads
2000mmboe unrisked PIIP1 PPL 269 4 prospects and 30+ leads Predominantlyy a ggas play p y For personal use only NGE Activity • Regional seismic acquired in 2011 • Siphon-1 Exploration well drilled as technical success but uncommercial. Plugged and abandoned. • Seismic in 1H12 to identifyy drill loca
Slide 20: PPL277 unrisked PIIP leads
PPL 277 2200mmboe unrisked PIIP1 13 leads For personal use only Both gas and oil plays NGE Activity • Seismic acquisition in 1H12 Regional Activity • PRL 11 and PPL277 seismic acquisition • PRL11 Trapia-1 exploration well in 1H12 by ExxonMobil and Oil Search • APPLs by ExxonMobil and Oil Search on n
Slide 21: PPL277 Regional Activity
PPL 277 Regional Activity • PPL277 Seismic acquisition q For personal use only • PRL11 Trapia exploration well in 1H12 by Potential shift of previously identified Trapia Structure ExxonMobil and Oil Search toward PPL277 based on drilling pad location • APPLs by ExxonMobil and Oil Search on neighbour
Slide 22: PPL unrisked PIIP leads, predominantly oil
PPL 265 >2000mmboe unrisked PIIP1 For personal use only 14 leads Predominantly an oil play NGE Activity • 2009 aerogravity and magnetics survey • Seismic in 2H11 to identify drill location • Planned drilling in 2012 Regional Activity • Proximity to potential LNG route Modelled Morehead Graben oil ki
Slide 23: PPL drillable prospect and leads
550mmboe unrisked PIIP1 PPL 266 1 drillable prospect and 13 leads Northeast corner of block high g graded g due For personal use only to recent gas discoveries on trend Predominantly a gas play NGE Activity • Regional aerogravity data suggests likely hydrocarbon migration pathways into PPL266 PPL 23
Slide 24: PPL unrisked PIIP leads, gas play
PPL 268 >200mmboe unrisked PIIP1 9 leads For personal use only Southern margin of Cecilia Trough gas kitchen Predominantly a gas play NGE Activity • Regional seismic acquired in 2011 • Seismic in 1H12 to identify drill location • Pl Planned d drilling d illi ini 2013 Regional Activity • PRL21 Eleval
Slide 25: PPL267 unrisked PIIP leads
PPL 267 1700mmboe unrisked PIIP1 10 leads For personal use only 35 API oil from seep identifies oil play in foreland Predominantly an oil play NGE Activity • 2006 and 2008 seismic acquired over Panakawa Prospect with surface seep flowing at 5 bbls/day • Well spudded in June 2010 and was plugged and
Slide 26: New Guinea Energy Summary
NEW GUINEA ENERGY SUMMARY For personal use only • Excellent Management team with extensive experience in oil and gas and specifically in PNG • Large and highly prospective land package onshore with multiple oil/condensate and gas leads • Active 2012 with aggressive exploration campaign to further de
Slide 27: New Guinea Energy Contact Details
NEW GUINEA ENERGY CONTACT DETAILS For personal use only Sydney Port Moresby New Guinea Energy Ltd New Guinea Energy gy Ltd Suite 401 Level 5 Level 4 Pacific MMI Building 2-10 Loftus St Champion Parade Sydney NSW 2000 Port Moresby PNG T: +61 (0) 2 9252 0010 T: +675 321 1785 F: +61 (0) 2 9252 0039 F:
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