Amplitude Energy Limited · ASX:AEL

Amplitude Energy — Cooper Energy — Corporate Update (February 2006)

12 slides from Amplitude Energy's corporate update, February 2006

  1. Slide 1: Brief Investor Update

    Brief Investor Update Strong foundation and future opportunities… Michael Scott, Chief Executive Officer, Cooper Energy Limited, 2006

  2. Slide 2: Brief Overview

    Brief Overview • December 2005 quarterly and recent events Record quarterly oil production volumes of 94,334 barrels Oil sales of A$7.3 million Proved oil reserves of 1.1 million barrels Cash reserves of A$25.3 million Working capital of A$21.6 million Fairbridge-1 cased and suspended for future tes

  3. Slide 3: Look Forward Schedule

    Look Forward Schedule Note: Schedules are subject to a large number of controllable and uncontrollable variables and are liable to change 3

  4. Slide 4: Cooper Energy Operated Wells

    Cooper Energy Operated Wells Permits • Ensign 30 rig drilling Geordie-1 Geordie-1 • Seeking work-over rig to test Fairbridge-1 Ensign 30 rig Ensign Rig 30 Feb 2006 spud Fairbridge-1 Cased and suspended to test zones of interest 4

  5. Slide 5: Cooper Basin Exploration – Fairbridge-1 (38.33%)

    Cooper Basin Exploration – Fairbridge-1 (38.33%) • Multiple zones of interest in Birkhead and Poolowanna • Planning to return with a work- over rig mid-2006, or earlier • Key test for northern margin block • Immediate follow-up targets if well proves productive Pre-Drill Undiscovered Reserves (100%

  6. Slide 6: Cooper Basin Exploration – Geordie-1 (30%)

    Cooper Basin Exploration – Geordie-1 (30%) • Multiple target horizons • Closest large structure to mature source basin in PEL88 • Ensign 30 rig • Key test for block prospectivity Undiscovered Reserves (100% JV) Structure P90 P50 P10 Mean (MMbbl) (MMbbl) (MMbbl) (MMbbl) Geordie 1.4 5.1 11.2 7.5 Geord

  7. Slide 7: Indonesia South Madura Exploration (45%)

    Indonesia South Madura Exploration (45%) Kurnia-1 7

  8. Slide 8: Indonesia Exploration – Kurnia-1 (45%)

    Indonesia Exploration – Kurnia-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 Kurnia-1 drilling schedules and approvals • Well cost ~US$6.0 million (100% JV) Und

  9. Slide 9: Cambodia Block B (10%)

    Cambodia Block B (10%) • Currently interpreting 2D seismic • Lead and prospect map Feb/Mar • 3D seismic 3Q06 • Media has reported on Block A (Chevron) - 5/6 wells a success - 400 MMBO - 1 TCF of gas 9

  10. Slide 10: Tunisia Bargou (100%)

    Tunisia Bargou (100%) • Just signed PSC documents • Official gazettal expected in March 2006 • 2 year seismic program - 5000 km re-pro - Interpretation - 200 km 2D acquisition • Several 25 MMBO prospects already identified 10

  11. Slide 11: Summary

    Summary • 2006 has 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 developme

  12. Slide 12: www.cooperenergy.com.au

    < Cooper Energy www.cooperenergy.com.au

Cooper Energy — Corporate Update (February 2006) on 6ix