Hibiscus Petroleum Bhd. · MYX:HIBISCS

Hibiscus Petroleum Bhd — Investor Presentation (March 2013)

15 slides from Hibiscus Petroleum Bhd's investor presentation, Mar 19, 2013

  1. Slide 1: Rex Technology: Progress In Exploration

    REX TECHNOLOGY Progress In Exploration 19 March 2013 Creating Value Through Our Knowledge And Experience 1

  2. Slide 2: Agenda

    Agenda A. INTRODUCTION TO HIBISCUS PETROLEUM GROUP B. REX TECHNOLOGY C. HIBISCUS PETROLEUM - BUSY YEAR AHEAD Creating Value Through Our Knowledge And Experience 2

  3. Slide 3: Who is Hibiscus? What Do We Do?

    Who is Hibiscus? What Do We Do? Creating Value Through Our Knowledge And Experience Our Vision To Be A Respected Independent Oil And Gas Exploration & Production Company Creating Value Through Our Knowledge And Experience 3

  4. Slide 4: Our Milestones

    Our Milestones 1st SPAC IPO Signed Lime Additional Petroleum Onshore RAK Agreements as Concession QA 25 July 2011 24 October 2011 12 April 2012 Completed Lime 4 Additional Increase in QA - 1st Listed Norwegian Masirah % (Block E&P Company Concessions 50 Oman concession) 18 April 2012 4 May 2012 28 M

  5. Slide 5: Hibiscus Petroleum Group

    Hibiscus Petroleum Group HIBISCUS PETROLEUM BERHAD 35% 13% Lime 3D Oil 49.9% Middle 50.1% Norway VIC/ P57 East RAK Offshore 59% PL 503 13% Valberget RAK Onshore 100% PL 518 Zapffe* 15% Sharjah PL 526 Vagar/ 100% 33.3% Offshore Karl Oman Block 64% 10% PL 530 Heilo* 50 HIGH IMPACT EXPLORATION DEVELOPM

  6. Slide 6: Business Approach & Investment Focus

    Business Approach & Investment Focus $/boe, risked $/ boe, Prospective Risked Prospective Contingent Contingent Reserves Reserves resources resources Resources Resources Increased recovery?recovery Increased High Cost Cost Overstated Overstated overrun reserves? Discovery overrun delays? reserves Di

  7. Slide 7: Agenda

    Agenda A. INTRODUCTION TO HIBISCUS PETROLEUM GROUP B. REX TECHNOLOGY C. HIBISCUS PETROLEUM - BUSY YEAR AHEAD Creating Value Through Our Knowledge And Experience 7

  8. Slide 8: What is Rex Technology?

    What is Rex Technology?  The Rex Technology package comprises 3 components: 1. Rex Gravity© - to detect possible hydrocarbon accumulations through use of satellite acquired data 2. Rex Seepage© - to verify hydrocarbon presence through the use of satellite acquired data 3. Rex Virtual Drilling© - to

  9. Slide 9: The Benefits of Virtual Drilling

    The Benefits of Virtual Drilling  The industry average global success rate for exploration drilling is approximately 15% or one successful discovery for every seven wells drilled.  Before drilling, geologists calculate a metric called the Geological Chance of Discovery Success (GCOS) based on the

  10. Slide 10: Application of Virtual Drilling

    Application of Virtual Drilling  Below is a seismic representation of geological stratigraphy. Conventional analysis results in a low probability of discovery. Rex Virtual Drilling provides an additional attribute of data which significantly improves the probabilities associated with the majority o

  11. Slide 11: Redefining the Search for Oil

    Redefining the Search for Oil Rex Virtual Drilling Method CLOSEUP Hydrocarbon Hydrocarbon fluid fluid Hydrocarbon Column: 90m Column: 85m fluid Column: 85m Rex Virtual Drilling provides an estimation of the volume of oil present as well as more precise drilling locations. It also improves the chance

  12. Slide 12: Rex Technology: Enhancing The Prospect Of Oil Discovery

    Rex Technology: Enhancing The Prospect Of Oil Discovery  Over the last 12 months, North Energy (Lime’s partner in Norway) tested Rex Virtual Drilling on 8 previously drilled wells . All tests yielded accurate results.  As a result of successful testing, on 20th February 2013, North Energy, an E&P

  13. Slide 13: Agenda

    Agenda A. INTRODUCTION TO HIBISCUS PETROLEUM GROUP B. REX TECHNOLOGY C. HIBISCUS PETROLEUM - BUSY YEAR AHEAD Creating Value Through Our Knowledge And Experience 13

  14. Slide 14: Hibiscus Petroleum: Busy Year Ahead

    Hibiscus Petroleum : Busy Year Ahead The following indicative schedule reflects a busy year of high impact initiatives at corporate and operational level to meet shareholder expectations …. 2013 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Oman Drilling (2 Wells) Validating VD Lime Petroleum Oman

  15. Slide 15: Thank You

    THANK YOU For further clarifications, please contact Joyce Vasudevan at:- Mobile : + 6013 3657835 Office : + 603 2092 1300 Email : [email protected] 1 Creating Value Through Our Knowledge And Experience 15

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