Maverick Minerals Australia Ltd · ASX:M96
Maverick Minerals Australia — Exoma Energy — Investor Presentation (July 2012)
21 slides from Maverick Minerals Australia's investor presentation, Jul 16, 2012
Slide 1: ASX Announcement: Exoma International Institutional Presentation
16 July 2012 nnouncementts Office ASX An OMA Internatiional Institutional Presenta EXO ation We atttach for releease a copy of Exoma EEnergy Limite ed’s Presenta ation this weeek to Intern national Instituttional Investors in Singaporre and Hong KKong organised d by JP Morga an Australia Liimited. F
Slide 2: Exoma Energy Limited Institutional Presentation July 2012
exoma ENERGY EXOMA ENERGY LIMITED INSTITUTIONAL PRESENTATION JULY 2012
Slide 3: Exoma Energy Limited
EXOMA ENERGY LIMITED AN ASX LISTED PETROLEUM EXPLORATION COMPANY PRINCIPAL ACTIVITIES Exploration in the Galilee and Eromanga Basins for hydrocarbons contained in conventional sandstone reservoirs, shale and coal ISSUED CAPITAL 417 million ordinary shares (EXE) 173 million listed 10 cent options (EX
Slide 4: Company Overview
COMPANY OVERVIEW » Unconventional oil/gas and conventional oil focus » Very large, 46,000 sq km (11 million acre) tenement position in Galilee and Eromanga Basins, Queensland +« Currently operating 27,000 sq km over 5 contiguous permits + Recently awarded 4 adjacent permits, covering a further 19,00
Slide 5: Galilee and Eromanga Basin permits map
Mount IsaC GALILEE BASIN EROMANGA BASIN kilometres Townsville * Major Town Gas Pipeline Road [J] Exoma Energy permits *-Abbot Point *\Gladstone Hervey Bay| *hBrisbane exoma ENERGY
Slide 6: Value Proposition
VALUE PROPOSITION » Three independent, large-scale hydrocarbon plays -Conventional Oil -Shale Oil/Gas -CSG Opportunity for early cash flow, New shale target, potential world Strategic opportunity to multiple leads, three drill ready class liquids/wet gas resource participate as gas supplier to the p
Slide 7: Board and Senior Management
BOARD AND SENIOR MANAGEMENT BOARD BRIAN BARKER 35+ years upstream industry HOWARD DEWHIRST 35+ years upstream industry STEPHEN HARRISON Blue Energy, 30 years finance industry EXECUTIVE | BOB EROOK QGC, 30+ years upstream & energy industries | eee Bow, QGC, 30+ years upstream industry JOSH WHITCOMBE
Slide 8: Galilee Joint Venture
GALILEE JOINT VENTURE » Participants +Exoma (Operator): 50% interest; *CNOOC Gas & Power: 50% interest » CNOOC Gas & Power is a subsidiary of China National Offshore Oil Corporation - one of the Chinese state-owned energy companies and the major Chinese LNG importer. » CNOOC is earning its interest
Slide 9: Geological Setting
LX Ng Us Qin SDN Xmen x) oS RIN NY aK RB @ iw. sad. x: xz = AGE UTHOSTRATIGRAPHIC UTHOLOGY UNIT GEOLOGICAL SETTING ‘ GNIS NS qi 3/2 z 2 WINTON FM. z Zlalz [3 gf 3 : (MACKUNDA FM » Intersection of Eromanga and Galilee Basins : ALLARU MOST TOOLEBUC FM » Three geologically independent resource plays WA
Slide 10: Exoma Acreage - Structural Geology
ry WY ~ SO ® j =f oS EXOMA ACREAGE - XL eee STRUCTURAL : GEOLOGY *Aipho GALILEE BASIN MANEROO PLATFORM ON tertiary () Cretaceous EM Triassic (I) Devonian | * BB Coat Measures Jurassic © EN Permian * «| Basement
Slide 11: Conventional Oil
CONVENTIONAL OIL » Eromanga Basin: Significant oil and gas production in Southwest Queensland -Principal source rocks: Birkhead Formation, Murta Formation and Poolowanna Formation » Birkhead Formation oil kitchen extends into the north of the basin adjacent to Exoma’s acreage » Previous oil explorat
Slide 12: Conventional Oil Program
CONVENTIONAL OIL PROGRAM »Katherine-1 demonstrated a stratigraphic trap operates with the Hutton sandstone onlapping onto a granite basement high » Two independent oil prospects to be drilled in 2012 -Katherine West: updip redrill of Katherine-1 - P50: 60 mmbbl OIP -Katherine East: large elevated fa
Slide 13: Toolebuc Shale - Exoma's Pre-Drill Perspective
TOOLEBUC SHALE - EXOMA’S PRE-DRILL PERSPECTIVE » Very large permit area, 20,000 sq km covering Toolebuc shale- wide range of geological settings » Mud logging analysis from wells drilled in 1970's and 1980's shows C,-C, hydrocarbons - evidence for thermal maturity » Anecdotal evidence of Toolebuc ga
Slide 14: 2011 Shale Exploration Results
2011 SHALE EXPLORATION RESULTS ATP 991P ‘WINTON ATP 999P @ Bessies-I @ Euston @ Hollowback-! ATP 996P @ Prife-t PARAMAC a, xP WRX D 2011 Shale Program - broad area exploration +3 shale core wells +3 sets of shale chip samples from CSG wells » Oil/bitumen samples extracted from all three cores «Sampl
Slide 15: 2011 Conclusions
2011 CONCLUSIONS » US specialist laboratories report that the Toolebuc Shale has excellent technical potential as a shale oil/gas system » Empirical evidence shows the Toolebuc is thermally mature for conversion of kerogen to hydrocarbons A potentially vast oil and gas system is in place. Based on B
Slide 16: 2012 Shale Exploration Program
XxX Wa 4 Cr ET SS CEN Ue NAA A wz NY yr eo DJ iV=——~6 so< << & / Pwr 2012 SHALE EXPLORATION PROGRAM EXOMA’S APPROACH Evidence-based; Toolebuc Shale is unique - don’t just rely on U.S. analogues. Understand the science before drilling production test wells - context to the results. » Gather further d
Slide 17: Shale - 2013 and Beyond
NALS, WE SI Oo” Nr | Oo @ * 2 XE Bw? »* A SHALE - 2013 AND BEYOND » Leverage off the 2011 and 2012 data and technical knowledge: -Locate production ‘sweet spots’ -Well and completion design -Production testing +Reserves build OBJECTIVES » Demonstrate deliverability » Systematically accumulate data t
Slide 18: Coal Seam Gas
Oe Na, RN rs, ale <) — bX) y"% ” u4 me 124 XP G — yRX ® COAL SEAM GAS » Galilee Basin Permian coal measures «Betts Creek Beds «Aramac Coal Measures » Typical thickness ~20 metres net coal » 12,000 sq km of permit areas cover coal measures » Lightly explored - only 6 CSG wells drilled to date in Exom
Slide 19: 2012 CSG Program
2012 CSG PROGRAM @Noro-1 ATP 991P ATP @Wardoo. — @Culloden-1 * Winton © Dorr. ATP 999P RRL Ue V\ A YS 0 50 100 © CSG Well () Exoma Permit a Longreach « ATP 1005P 7 @Brixton-2 oy LLATP1008P Barcaldine \ Os" » Systematically extending exploration across permit areas » Well locations selected to test d
Slide 20: Development pathways: conventional oil, shale oil/gas, coal seam gas
Conventional oil «Short-term on success at Katherine prospects «Export via railhead at Longreach or via Eromanga | Shale Oil/Gas { «Liquids development -Potential LPG development -Medium/Long Term - determined by technology and scale Coal Seam Gas -Longer-term — determined by market and infrastructu
Slide 21: Exoma Energy
CxOma ENERGY