Amplitude Energy Limited · ASX:AEL

Amplitude Energy — Cooper Energy — Shareholder Meeting (November 2005)

13 slides from Amplitude Energy's shareholder meeting presentation, Nov 30, 2005

  1. Slide 1: Annual General Meeting 30 November 2005

    Annual General Meeting 30 November 2005 Building momentum from a solid foundation… Michael Scott, Chief Executive Officer, Cooper Energy Limited, 2005

  2. Slide 2: General Overview

    General Overview • Strong results posted for 2004-2005 financial year • Self funding status continues (cash reserves increasing) • Robust and risk managed strategy for growth • Active along length of upstream hydrocarbon value chain - Business development - Exploration - Development - Production • P

  3. Slide 3: Full Year Result

    Full Year Result • Production 368,086 barrels of oil +209% • Oil Sales A$25 million +334% • Cash reserves A$22 million +116% • Full year profit before tax A$13 million +A$18M • Full year profit after tax A$11 million +A$16M • Accumulated profit A$5 million +A$11M • Reserves 31.06.05 1 million barrel

  4. Slide 4: Near Term Exploration Program

    Near Term Exploration Program 4

  5. Slide 5: Cooper Energy Operated Wells

    Cooper Energy Operated Wells Permits • Rigs secured to drill operated wells Geordie-1 • Expected to commence drilling at end 2005 Century 18 rig Ensign Rig 30 Feb 2006 spud Strickland Bay-1 Ensign 30 rig End 2005 spud Fairbridge-1 Ensign 30 rig Jan 2006 spud 5

  6. Slide 6: Cooper Basin Exploration – Fairbridge-1 (38.33%)

    Cooper Basin Exploration – Fairbridge-1 (38.33%) • Multiple target horizons • Adjacent and on spill path from Keleary and Telopea oil fields • Ensign 30 rig secured • Targeting end 2005 for spud Undiscovered Reserves (100% JV) Structure P90 P50 P10 Mean (MMbbl) (MMbbl) (MMbbl) (MMbbl) Fairbridge (si

  7. Slide 7: Cooper Basin Exploration – Strickland Bay-1 (28.33%)

    Cooper Basin Exploration – Strickland Bay-1 (28.33%) • Multiple target horizons • Nearest large structure to mature source basin • Ensign 30 rig secured • Targeting January 2006 for spud • Option to increase equity to 38.33% after Fairbridge-1 Undiscovered Reserves (100% JV) Strickland Bay-1 Structu

  8. Slide 8: Cooper Basin Exploration – Geordie-1 (30%)

    Cooper Basin Exploration – Geordie-1 (30%) • Multiple target horizons • Closest large structure to mature source basin in PEL88 • Century 18 rig identified • Targeting February 2006 for spud Undiscovered Reserves (100% JV) Structure P90 P50 P10 Mean (MMbbl) (MMbbl) (MMbbl) (MMbbl) Geordie 1.4 5.1 11

  9. Slide 9: Indonesia South Madura Exploration (45%)

    Indonesia South Madura Exploration (45%) South Madura-1 (Temporary name) 9

  10. Slide 10: Indonesia Exploration – South Madura-1 (45%)

    Indonesia Exploration – South Madura-1 (45%) < ~5 km > NB: Existing wells only shallow penetrations • Gas and oil target horizons • Company changing exploration potential • Targeting early 2006 for drilling, dependent upon South Madura-1 drilling schedules and approvals • Well cost US$6.2 million (1

  11. Slide 11: Look Forward Schedule

    Look Forward Schedule Note: Schedules are subject to a large number of controllable and uncontrollable variables and are liable to change 11

  12. Slide 12: Summary

    Summary • 2006 will kick off an exciting exploration program - potential company changing targets • Continuing production levels are consistent with forecasts - currently 1,000-1,200 barrels of oil per day - expecting to meet or exceed 300,000 barrels of oil for the 05-06 financial year - additional

  13. Slide 13: www.cooperenergy.com.au

    < Cooper Energy www.cooperenergy.com.au

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