Otto Energy Limited · ASX:OEL
Otto Energy — Ottoman Energy — Corporate Update (August 2006)
10 slides from Otto Energy's corporate update, Aug 3, 2006
Slide 1: Audio Broadcast ASX announcement
03 August 2006 Manager of Company Announcements Australian Stock Exchange Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement AUDIO BROADCAST Ottoman Energy Limited wishes to inform the market of an audio broadcast with Dr Jaap Poll, MD who will be discussing “Excellence in Energy Upstr
Slide 2: Corporate & Project Update, Disclaimer, Investment Highlights
CORPORATE & PROJECT UPDATE Jaap Poll Managing Director August 2006 DISCLAIMER This presentation does not constitute an offer to sell securities and is not a solicitation of an offer to buy securities. It is not to be distributed to third parties without the consent of Ottoman Energy Ltd. (the “Compa
Slide 3: Capital Structure and Corporate Structure
CAPITAL STRUCTURE Shares Options Performance (20c/1 Dec 06) Shares Issued 58,096,250 37,491,250 2,500,000 Rights Issue 1:2 29,048,125 14,524,062 100% NorAsian 15,000,000 7,500,000 102,144,375 59,515,312 2,500,000 NOTE: 1. 2 M options (1 M @ 25c +1M @ 30c 1/12/07) - to MD 2. 2 M shares + 1 M options
Slide 4: Selection Criteria, Thrace Basin - Edirne Licence
SELECTION CRITERIA Why Turkey and the Thrace Basin? Proven hydrocarbon province with ready energy market High gas prices US$6+ (double Australian prices) Low Government take (royalty 2.5%, corp. tax 20%) Simple gas composition requiring minimal processing “Exploration friendly” environment (shallow
Slide 5: Thrace Basin - Edirne Licence, The Philippines Project Overview
Turkey THRACE BASIN - EDIRNE LICENCE Bati Umur-1 gas discovery December 2006 THE PHILIPPINES PROJECT OVERVIEW Satellite Photo - Philippines Licence Map of Philippines
Slide 6: The Philippines Selection Criteria, Calauit Oil Field
THE PHILIPPINES SELECTION CRITERIA Why offshore Philippines? proven hydrocarbon provinces with nearby energy markets a well respected management team of Philippine nationals in Manila low sovereign risk (Shell operates largest oil/gas field) renewed interest by foreign companies such as CNOOC, Tap,
Slide 7: Calauit Field Well Simulation Study
CALAUIT FIELD – 3 Well Simulation Study Dr. Andrew Wadsley - Curtin University OPT Cumulative Oil Production (MMbb1) (OPR, WPR) Production Rate bbl/d THE PHILIPPINES PROSPECT DETAILS East Visayan Basin SC51 - Licence Location Map SC51, Leyte Block - Seismic Section of Villaba Gas Discovery & Adjacen
Slide 8: The Philippines Prospect Details continued
THE PHILIPPINES PROSPECT DETAILS continued SC51, Cebu Block - Prospect Map Seismic Section showing Argao & Cabilao Prospects with hydrocarbon indicators (“bright spots”) SC55, Ultra Deep Water Blocks Giant Marantao Reef Prospect (5 x Malampaya size) with multiple play-types & leads identified gas ch
Slide 9: Summary SC55, Argentina Project Overview
SUMMARY - SC55 SC 55 is the only Deep Water Contract awarded in the Philippines. The Blocks lie in the main oil fairway on trend with Malampaya to the north & the Giant oil discoveries made by Murphy & Shell Conoco / Philips to the south. Oil Seeps, Gas Chimneys & Bright Spots indicate an active hyd
Slide 10: Argentina Cuyana Basin, Summary and Company Objectives
ARGENTINA CUYANA BASIN & SANTA ROSA DOME Conceptual profile showing source beds in blue, location of existing oil fields in western part of basin and likely migration paths eastwards towards Santa Rosa dome SUMMARY Ottoman has built a balanced E&P portfolio in proven oil & gas basins LOW RISK - GOOD