Melbana Energy Limited · ASX:MAY
Melbana Energy — MEO Australia — Investor Presentation (May 2007)
6 slides from Melbana Energy's investor presentation, May 31, 2007
Slide 1: Investor Presentation - Update May 31, 2007
Investor Presentation - Update May 31, 2007 MEO Australia Limited Presentation Disclaimer This presentation contains includes certain forward-looking statements that have been based on current expectations about future acts, events and circumstances. These forward-looking statements are, however, su
Slide 2: MEO Capital Structure, Directors, Major Shareholders
MEO Capital Structure, Directors, Major Shareholders ASX Code MEO Latest Price* $ 1.10 Security Class Millions Substantial Shareholders % Ordinary shares 275.1 Cambrian Oil & Gas Plc 28.0% Options (unlisted) Santos Limited 7.5% $0.50, 30-Nov-09 6.8 Lehman Brothers Inc 7.3% Albers Group 6.8% Director
Slide 3: Building an integrated GTL company / NT/P68 Activity Update
Building an integrated GTL company (3 Mtpa LNG & 3.5 Mtpa Methanol) MEO Australia energy for the future MEO Australia Limited NT/P68 Activity Update • 600 km 2D infill over Blackwood and 505 sq km 3D over Epenarra fully processed and interpreted • Fugro inversion studies confirm likely zones of incr
Slide 4: Fugro Inversion Studies - Epenarra Discovery
EPENARRA DISCOVERY – THE PRIZE Drilled in 1972 (Arco): Heron- Heron-1 1,200km2 closure – 4 way anticline ~5.6 Tcf (P50) GIP, 1%- 1%-3% est. CO2 600- 600-800 Mmbbls condensate (est. in place) Gas suitable for LNG production * GIP is Gas In Place MEO Australia energy for the future MEO Australia Limit
Slide 5: Epenarra & Heron 2007 Appraisal Drilling: Well Locations
EPENARRA & HERON 2007 APPRAISAL DRILLING: MEO Australia energy for the future MEO Australia Limited EPENARRA/HERON WELL LOCATIONS EPENARRA Heron-3B Heron-2A Heron-1 Heron-3C MEO Australia energy for the future MEO Australia Limited 5
Slide 6: NT/P68 Farm-in Status
NT/P68 Farm-in Status • MEO seeking strategic partners but only wishes to assign minimal interests (maintain control) • Petrofac Resources Limited (UK) has executed a farm-in agreement • Funding 25% of well costs to earn 10% in permit with option to increase stake to 15% by funding 37.5% of costs •