Slide 1
Otway Basin
Gas business & oil production
Presentation to Exchange SA investment conference
Adelaide 23 June 2016
The information in this presentation:
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Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held.
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Does not take into account the individual investment objectives or the financial situation of investors.
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Was prepared with due care and attention and is current at the date of the presentation.
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Actual results may materially vary from any forecasts (where applicable) in this presentation.
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Before making or varying any investment in shares of Cooper Energy Limited, all investors should consider the appropriateness of that investment in light of their individual investment objectives and financial situation and should seek their own independent professional advice.
Qualified petroleum reserves and resources evaluator
This report contains information on petroleum resources which is based on and fairly represents information and supporting documentation reviewed by Mr Andrew Thomas who is a full time employee of Cooper Energy Limited holding the position of Exploration Manager, holds a Bachelor of Science (Hons), is a member of the American Association of Petroleum Geologists and the Society of Petroleum Engineers and is qualified in accordance with ASX listing rule 5.41 and has consented to the inclusion of this information in the form and context in which it appears.
Rounding
All numbers in this presentation have been rounded. As a result, some total figures may differ insignificantly from totals obtained from arithmetic addition of the rounded numbers presented.
Dollars
Unless otherwise specified, all dollar amounts are expressed Australian dollars.
Reserves and resources calculation
Information on the company's reserves and resources and their calculation are provided in the Appendices to this document.
Cooper Energy is a $100 million market cap exploration & production company with:
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cash generating Cooper Basin oil production; and
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an emerging gas business possessing supply contracts with blue-chip customers in eastern Australia and gas plant and resources which are cost-competitive and ideally located.
We expect Phase 1 of our Gippsland Basin gas projects will transform Cooper Energy*:
>6 times growth
in proved & probable reserves within 6 months
> 4 times growth
in annual production within 3 years
> $90 million pa
revenue with strong long term free cash flow
Cash generated in the Cooper Basin directed to international exploration
Cooper Basin oil production International oil exploration
cash
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Western Flank: PEL 92 Joint Venture operated by Beach
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Low cost - high margin production
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Australia
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Indonesia
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Tunisia
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Poland
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Romania
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Morocco
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Cambodia