Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Investor Presentation (July 2005)
17 slides from Amplitude Energy's investor presentation, Jul 19, 2005
Slide 1: July 2005
~ July 2005
Slide 2: Company snapshot
ee Oe _ Listed i in March 2002 (Australian § Stock exchange COE) 137 million shares on issue 9. 95 million options: Market ¢ cap no AS35 million + + ‘AS$19. 3 million cash i in hand at 01 07. 05 _(A$22.1 million cash i _ ically 4 4, ,000+ barrels of oil per day (COE share) _
Slide 3: Full year highlights
‘Full oo 7 Production . 368, 086 barrels of oil - Oil Sales Recents _ ~ A$20.6 million . Cash in inchand $19.3 million: / - Cash: reserves . $22.1 million Full year profit before - A$13 milion : Retained Earnings dearnings areun-auditedestimates,
Slide 4: Historical Performance
Production (Barrets} 406000, 356000 306000 250000 206000 450000 406000 56006 o Historical Performance Cooper Energy Annual Production 2002-2603 2003-2004 Financial Year Cooper Energy Cash in-Hand Position 2004-2005 1.67.04 End Financial Year Sates (AS Mi Cooper Energy Oil Sales Received 2002-2003 20
Slide 5: Key Personnel
Key Personnel _ Board of Directors Laurie Shervington Michael Scott —s _ Rob Kirtlan © Chris Porter Greg Corner Chairman and Director ; Chief Executive and Director __ __ Founder and Director ___ Founder and Director _ Director mpany Secretary. Key Technical S ff “Michael Scott Conrad Todd — Graeme.
Slide 6: Business Development - Focus Areas
: Business Development-Focus Areas |. Central Australia _. 7 Add value to position : _ : _New acreage, acquisitions, mature existing exploration | portfolio, eptmise value of discovered assets . Next Opportunity (North Africa and South Ea sia) _ Secure a a quality oppertuntty | in new focus area . I
Slide 7: Business Development — Geographical Areas
Business Development — Geographical Areas South East Asia. @ Peth HQ @ Acieage Areas.
Slide 8: Exploration — Targets and Drilling Schedule
Exploration — Targets and Drilling Schedule Well Permit Timing Reserves) Share Boomer-10) PEL92 2006 12MMbbi 25% Lead 42) PEL92 2006 40MMbbI 25% Lead 130 PEL92 2006 12MMbbi 25% -—. | ac tc | ps Fever Tawriffic(# PELQ3 2006 16MMbbi 30% a Gor pipeline Q aa a York North-1© | PEL100 TBA 21MMbbi 28.33% Y
Slide 9: Exploration — York-1
Exploration — York-1 Multiple target horizons (Namur to Tinchoo) Adjacent and on spill path from Keleary and Telopea oil fields York: 2.1 million barrels P50 undiscovered recoverable, 12% COS (single horizon) York South: 2.0 million barrels P50 undiscovered Telopee Oilfield recoverable, 12% COS vA (
Slide 10: Exploration — Morocco Med Est
Exploration — Morocco Med Est A Awaiting ratification from Moroccan Government Low cost entry for 20% (US$175k) = - Option to increase to 30% or exit Reasonable target sizes already attracting farm-in interests Merten morocco
Slide 11: Development — Worrior, Christies and Arwon
Development — -Worrior, Christies and Arwon - Wonter eer i Worrior: installing permanent cilities and provide artificial _ ift. Reviewing infill well. hristies: com ae permanent fac _(waterhandling and artifici | ft). Reviewing infill wells. —__ Sellicks: Reviewing Sellicks-2. _ Arwon: commence prod
Slide 12: Production - Overview
Prod Uction - Overview Sellicks Oil Field (PPL204) 25% Discovery July2002. _ Single production well barrels of oil per day Christies Oil Field (PPL205) 25% . | DiscoveryJune2002 =... _ Three production wells _ 1400-1500 barrels of ol per day. _ Worrtor oil Field (PPL207) 30% Discovery September : 20
Slide 13: Production — All Fields 2004-2005
rs) 2 < 2 e > 3 ey £ a 3 ° ec Production — All Fields 2004-2005 Financial Year Production (Cooper Energy Share) Note: slight downturn at July 05 caused by weather (rain) and lack of artificial fift {currently installing) Date (dd/mmiyy) O Sellicks (PEL92, 25%) lm Christies (PEL92, 25%) @ Worrior (PE
Slide 14: Reserves - Distribution
Reserves - Distribution Christies 24% _ 7 Worrior 71% 1.0 Million Barrels P50 Developed Recoverable Oil at 01.07.05 (NB: Arwon Field is undeveloped but approved)
Slide 15: Desktop Evaluation
Desktop Evaluation Cashreserves ssi NPV (1 million barrels) _ Blue sky © A$23 million —__ A$20 million Convert 9.95 million options _ _ A$0 million A$2 million _ Fundamental value A845 million Number of issued shares __ Options Fully diluted 137 million” . 9. 95 million : Undiluted oe share Fully di
Slide 16: - Cash, production, reserves, Cooper Basin targets,
- Cash, production, reserves, Cooper Basin targets, international opportunities, experienced technica! team, competent ree jen and Board | - Production and cash fully funding activities _ Focused strategy to add f rther value: . = Cooper | Basin (exploration and production) - International (working
Slide 17: cooperenergy.com.au
perenergy.com.au _