Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Investor Presentation (July 2008)
15 slides from Amplitude Energy's investor presentation, July 2008
Slide 1: Investor Update July 2008
Investor Update July 2008 © Cooper Energy Limited
Slide 2: Overview
Overview Australian oil producer with attractive growing international portfolio • ASX listed (COE) conventional upstream exploration and production company – FY08 record production of 380,000 barrels of oil – FY08 record proved reserves of 1.45 million barrels of oil (P50) • Emerging international
Slide 3: Part 1: International Growth Program
Part 1: International Growth Program 3
Slide 4: Tunisia Bargou (COE 100%)
Tunisia Bargou (COE 100%) 100% ownership in proven petroleum basin 4
Slide 5: Tunisia Bargou (COE 100%)
Tunisia Bargou (COE 100%) Highly prospective block with material exploration targets • Just completed a 2 year Prospecting Permit and exceeded work program • About to convert to a 5 y year Exploration p Permit with one well commitment • Material and sizeable exploration portfolio with excellent risk
Slide 6: Tunisia Hammamet (COE 35%)
Tunisia Hammamet (COE 35%) Maturing prospects and seeking rigs for first well 6
Slide 7: Tunisia Hammamet (COE 35%)
Tunisia Hammamet (COE 35%) Proven oil with a number of exploration and appraisal options • Two key targets being evaluated: – Tazerka abandoned oil field appraisal – Fuschia exploration prospect • 2007 3D seismic i i over these th and d other th targets t t • Drilling of one target expected CY09 wit
Slide 8: Indonesia – Exploration and Appraisal
Indonesia – Exploration and Appraisal Seismic and studies expected to yield a number of attractive prospects South S th Madura M d PSC (30.0%) (30 0%) • Block surrounded by oil and gas fields 2008 2D seismic area with access to infrastructure and markets ava • 2D seismic being acquired to west of No
Slide 9: Part 2: Australian Production and Near-Field Exploration
Part 2: Australian Production and Near-Field Near Field Exploration 9
Slide 10: Cooper Basin Reserves Replacement Targets
Cooper Basin Reserves Replacement Targets Highly prolific oil fields with proven reserves replacement capability 3D seismic survey area Many targets nearby to existing discoveries • 32.7 32 7 million barrels of prospects unrisked • Two near near-field field low risk prospects south • 7.5 million bar
Slide 11: Cooper Basin Production Outlook
Cooper Basin Production Outlook Good production base case with options to boost levels Historically Cooper Energy has grown its production base by discoveries and development in the Cooper Basin Cooper Energy Cooper Basin FY09 Forecasts 1,600 1,400 1 200 1,200 Domestic eexploration ploration FY08Act
Slide 12: Part 3: Summary
12 Part 3: Summary ras
Slide 13: Summary
Summary Company underpinned by cash, reserves, production, large prospect inventory • A number of record performance measures achieved in FY08 – Reserves (cash and proved oil) – Production – Revenue – EBITDAX • Fully funded exploration strategy and production growth options • Attractive drilling pro
Slide 14: www.cooperenergy.com.au
www.cooperenergy.com.au “Infinite potential, solid results”
Slide 15: Forward Looking Statements and Disclaimer
Forward Looking Statements and Disclaimer FORWARD LOOKING STATEMENTS This document (“Document”) may include statements about expected future events and/or financial results that are forward-looking in nature that are subject to a large number of variables and risks associated with the oil and gas bu