Seed Capital Raising Tamboran Resources Pty Ltd
Global Unconventional Oil and Gas Exploration and Development
Patrick Elliott, Chairman David Falvey, Managing Director & Chief Operating Officer Richard Moorman, CEO
1
Oil and Gas Exploration and Development Patrick Elliott, Chairman - - PowerPoint PPT Presentation
Seed Capital Raising Tamboran Resources Pty Ltd Global Unconventional Oil and Gas Exploration and Development Patrick Elliott, Chairman David Falvey, Managing Director & Chief Operating Officer Richard Moorman, CEO 1 Tamboran
1
This presentation contains certain statements which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking
material contained in this presentation will be achieved or prove to be correct. Specifically, references to “gas in place”, or “GIP”, refer to estimates of unrisked, unproven resource potential, based on parameters derived from existing well data and rock sample descriptions, and general literature, and should be considered as “speculative”. Except for statutory liability which cannot be excluded, each of Tamboran Resources Pty Ltd , its officers, employees and advisers expressly disclaims any responsibility for the accuracy or completeness of the material contained in this presentation and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. Tamboran Resources Pty Ltd accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information. Investment in Tamboran Resources Pty Ltd should be considered speculative. Competent Person’s Statement Sections of information contained in this report that relate to Exploration Results and Petroleum Resource Occurrence were complied or supervised by David A Falvey, BSc, PhD, DSc (hon), who is the Managing Director of Tamboran Resources Pty Ltd, and a direct stakeholder in the company. Dr Falvey is a former Associate Director of BMR (now Geoscience Australia) and Executive Director of the British Geological Survey. He has sufficient experience, which is relevant to the exploration for and assessment of the style of gas resources under consideration and to the activity which he is undertaking to qualify as a Competent Person. Dr Falvey consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. 2
3
This strategy is to be delivered by:
– Marine shales with suitable TOC and VR – preferably in liquids window – Very large resource potential – to attract infrastructure – Shallow ( < 2000 m) – improves economics – Preferably, reasonable access to infrastructure – improves economics
Technical Advisory Board
– Private equity – IPO – Joint Ventures
4
5
2 3 4 5 6 7 8 9
Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08 Jan-09
Pre-2005 2005 2006 2007 2008 2009
U.S. Shale Gas Production (Bcf/d) By Year
6
7
8
9
Republic
Licensing Option 350 350 700 700 10 20 30 kilometres 350 700
700 Northern Ireland Petroleum Permit PL2.10 Dowra #1 & 2 Big Dog #1 350 Net target shale thickness (m)
10
11
Alexander #1 Ronald #1 Urapunga #4 100 kilometres
12
13
Davis #1 & DDH-DA V #1 Newhaven #1 Napperby #5
100 kilometres
14
15
Thomas Beachcomber Poeppels Corner
16
1000m 2000m R0 = 0.5 R0 = 1.0 R0 = 0.7
Poolowanna Thomas Poeppels Cnr Beachcomber
17
18
1500 1000 500 500 500 500 1000
100 200 km
19
20
21
22
23
24
25
Options are either issued or reserved to be issued. Reserved options will be issued upon appointment of respective personnel.
26
27
28
29
30
Beetaloo & McArthur Basins (NT) Ngalia Basin (NT) Pedirka Basin (NT) Lough Allen Basin (Ireland /N. Irel’d) Gemsbok Basin (Botswana)
Finalise native title agreements Finalise native title agreements Award Geochemistry & seismic reprocess Test corehole basin centre Geochemistry & seismic reprocess Test coreholes basin edges Geochemistry & seismic reprocess Geochemistry & seismic reprocessing Geochemistry & seismic reprocessing Corehole test? New seismic acquisition Drillhole & frac
Prospective resource assessment Nov, 2011; new core data Prospective resource assessment Nov, 2011 Contingent resource assessment Oct, 2011 Contingent resource assessment Sept, 2011; new core data Prospective resource assessment Dec, 2011; new core data
32
33
34