Melbana Energy Limited · ASX:MAY
Melbana Energy — Investor Presentation (March 2022)
10 slides from Melbana Energy's investor presentation, Mar 9, 2022
Slide 1: Investor Webinar
Investor Webinar 9 March 2022
Slide 2: Disclaimer
Disclaimer Summary of information: This presentation contains general and background information about Melbana Energy’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information that an investor should consider when maki
Slide 3: Corporate Overview
Corporate Overview Company Information Experience of the Board & Management Listed 1998 Andrew Purcell Investment banking (Credit Suisse, Macquarie Bank), Australia and BEng (Elec), MBA Hong Kong. Experienced in resources banking, cross border Exchange ASX (“MAY”) Executive Chairman financing, commo
Slide 4: Projects Summary
Projects Summary CUBA • Two onshore exploration wells - drilling commenced Q3 2021 • Partnered with Sonangol, the National Oil Company of Angola – Africa’s second largest oil producer • Concession area independently assessed to have Prospective Resources of 676 million barrels of oil • Melbana is th
Slide 5: Cuba, Block 9 – Exploration well Alameda-1
Cuba, Block 9 – Exploration well Alameda-1 PREDRILL SUBSURFACE INTERPRETATION AND RESOURCE ESTIMATES • First well (Alameda-1) commenced in Sep 2021 • Two significant oil intervals encountered thus far: ‒ 670m gross interval in the upper sheet ‒ 560m gross interval in the N structure • Currently dril
Slide 6: Cuba, Block 9 – Exploration well Zapato-1
Cuba, Block 9 – Exploration well Zapato-1 PREDRILL SUBSURFACE INTERPRETATION AND RESOURCE ESTIMATES • Second well (Zapato-1) expected to commence in May 2022 • Zapato-1 to test a structure identified by strong gravity and magnetic results that aligns with structural interpretation derived from seism
Slide 7: Australia, Joseph Bonaparte Basin
Australia, Joseph Bonaparte Basin • Permit WA-488-P sold to a US$60 billion Fortune 500 O&G company. Planning advanced for an exploration well (possibly as early as late 2022 but required before August 2023). • Melbana has received an initial payment of US$7.5 million and is entitled to contingent a
Slide 8: Australia, Territory of Ashmore & Cartier Islands
Australia, Territory of Ashmore & Cartier Islands • Permit AC/P70 awarded to Melbana Energy (100%) in February 2022. • AC/P70 contains the undeveloped Vesta-1 oil discovery drilled in 2005. The Vesta-2 appraisal well drilled in 2007 identified a gas cap. • This complex field is an attractive opportu
Slide 9: Possible future price catalysts
Possible future price catalysts 9
Slide 10: Melbana Energy Limited Level 15, 9 Hunter Street Sydney NSW 2000
Melbana Energy Limited ABN 43 066 447 952 Level 15, 9 Hunter Street Sydney NSW 2000 AUSTRALIA Contact Andrew Purcell Telephone: +61 (2) 8323 6600 Executive Chairman Mobile: +61 488 660 222 [email protected]