Maverick Minerals Australia Ltd · ASX:M96
Maverick Minerals Australia — Exoma Energy — Shareholder Meeting (November 2010)
14 slides from Maverick Minerals Australia's shareholder meeting presentation, Nov 24, 2010
Slide 1: 2010 Annual General Meeting CEO's Presentation
2010 Annual General Meeting CEO’s Presentation 24 November 2010
Slide 2: Starting Point
Starting Point • 5 large, contiguous ATPs covering 27,000 km2 in the Galilee Basin • Coal Seam Gas and Shale Gas plays – Galilee CSG potential demonstrated at Rodney Creek and Glenaras – Gas and oil shows encountered in the Toolebuc shale throughout the region • Very large technical database • Well-
Slide 3: Strategic Location
Strategic Location ® Major Town — Highway —> Possible Projected Pipeline le - Gas Spurs _ ipeline =~ Proposed Gas Pipeline TO Exoma Energy Permits Other Permits kilometres exoma | 3 th
Slide 4: Past Year - Data analysis
Past Year - Data analysis • Seismic interpretation – 2000 km seismic data within ATPs – 70 conventional and CSG wells tied into seismic • Studies – Structural mapping and prospect definition – Research into shale gas systems – Analysis of data from 5000+ water wells • Results – Independently Certifi
Slide 5: Gas Resource
Gas Resource • Estimated CSG Gas-in-Place – Upside Case – 72 Tcf – Most Likely Case – 36 Tcf – Low Case – 27 Tcf • Estimated Shale Gas ~100Tcf Gas-in-Place • CSG 3C Resource from existing well control – 2.04 Tcf gas potentially recoverable from 4 prospect areas – Independently Certified by MHA • Pub
Slide 6: CSG Prospect Areas
CSG Prospect Areas • Map to go here 6
Slide 7: Toolebuc Shale Fairway
exoma ENERGY Toolebuc Shale Fairway Contours: 5m Purple > 25m
Slide 8: Past Year - Operational Planning
Past Year - Operational Planning • Exploration planning – 50+ well locations • Well and well-testing design • Advance field work – Ground truthing – Landholder and community liaison – Lease preparation • 2010 Exploration Drilling Campaign postponed due to early wet weather 8
Slide 9: Community and Land Access
Community and Land Access Large land holdings compared with Surat Basin – ease of communication with landholders Limited cultivation, cattle and sheep properties less impacted by access Community is generally Exoma is very conscious of the community and supportive of development environmental
Slide 10: Exploration Strategy Issues
Exploration Strategy Issues • Vast acreage position – Unexplored for unconventional gas and oil • Testing Multiple plays – CSG, Shale Gas and conventional oil • Need to understand aquifer as well as hydrocarbon systems • Acreage management considerations • Remote location logistics 10
Slide 11: Strategy - Objectives 2011
Strategy - Objectives 2011 • Validating regional CSG model in Exoma’s acreage – Measure gas contents, gas saturation and permeability • Shale Gas – Testing the Toolebuc shale as a gas system – Measure hydrocarbon content and map thermal maturity and permeability • Water management – understanding hy
Slide 12: 2011 Programs
2011 Programs • Seismic reprocessing and reinterpretation • CSG exploration drilling - core wells for gas desorption testing and permeability testing • Shale gas/oil exploration drilling – core wells for hydrocarbon content and permeability • Toobrac oil test • Modeling the Great Artesian Basin • De
Slide 13: Objectives 2012 and Beyond
Objectives 2012 and Beyond • Pilot production – deliverability of gas and water systems demonstrated • 2P and 3P Reserves booked • Production Licenses • Basis of Design for production development 13
Slide 14: Management
Management Board • Brian Barker: 35+ years petroleum industry • Howard Dewhirst: 35+ years petroleum industry • Stephen Harrison: Blue Energy – 30+ years finance industry • Dave Mathew: Arrow, Dart – 35+ years CSG & petroleum industry Executive • Rob Crook (CEO): QGC – 30+ years petroleum & energy i