This is the management presentation from the Special Meeting of Shareholders held in Houston, Texas on October 9, 2012. The final 10 slides provide additional technical detail.
Partnering with Teck Resources to Develop World Class Copper Resources in Namibia
Deep-South is listed on TSX Venture, V-DSM
Haib Copper Project – world class resource potential:
• 30% interest in an existing 5.7 billion lbs Cu Historical Estimate*, open near surface and at depth;
• World class partner – Teck Resources;
• Teck owns 70% of the Haib project;
• Teck manages the exploration program at Haib;
• Over 50,000 metres of diamond drilling by 5 mining companies in the last 50 years;
• Teck is the first company to apply modern porphyry exploration techniques on Haib Copper; ! Excellent mining jurisdiction – Namibia:
• Best investment jurisdiction in Africa;
• Politically and economically stable country;
• Solid infrastructure; ! Seasoned and renowned technical management team, experienced board of directors.
This presentation provides an overview of the oil and gas industry in South Sudan. It discusses South Sudan's geology, key basins and fields, historical production levels, infrastructure challenges, and opportunities for future investment and development. South Sudan has an estimated 7 billion barrels of proven oil reserves but faces stability, technical, and infrastructure issues that have hampered production. Addressing these challenges would help realize the potential of South Sudan's oil and gas resources.
The document provides an operational and financial update for PA Resources for the third quarter of 2013. It introduces the new CEO, Mark McAllister, and provides an operational update on key assets. Financially, it discusses Q3 earnings, cash flow, and the strengthened balance sheet following a rights issue. It outlines PA Resources' new strategic plan to develop key discovered assets and increase production to 15,000-20,000 boepd by 2018 through a $600 million capital expenditure program over 2014-2017. The strategic review process aims to realize asset values, reduce exposure through farm-outs, define portfolio upside, and put refinancing in place to complete field developments.
English champion iron_mines_october 9, 2012shosein2011
This corporate presentation by Champion Iron Mines provides an overview of the company and its iron ore projects in Canada. Champion owns 14 iron ore projects in Quebec's Labrador Trough region, including its flagship Consolidated Fire Lake North project. A 2011 preliminary economic assessment for the CFLN project estimated an internal rate of return of 41.5% and indicated the ability to produce 8.7 million tonnes of concentrate annually for 25 years. The presentation highlights the project's resources, infrastructure access, development timeline, and potential for expansion through further exploration.
FOGL plans to combine with Desire to consolidate their portfolios in the Falkland Islands, creating the only company operating across both the North and South Basins. The combination provides a balanced, diversified portfolio with high-impact drilling opportunities across multiple plays. FOGL will gain entry into the proven North Falkland Basin and an interest in the Sea Lion oil development project. FOGL has secured funding for a 5 well drilling program over the next year, including 2 wells in the South Basin and 3 appraisal/exploration wells in the North Basin, including Zebedee near the Sea Lion field. The consolidation and drilling program provide FOGL shareholders near term exposure to exploration across the major Falkland Islands basins
English champion iron_mines_october 9, 2012shosein2011
This corporate presentation by Champion Iron Mines provides an overview of the company and its iron ore projects in Canada. Champion owns 14 iron ore projects in Quebec's Labrador Trough region, including its flagship Consolidated Fire Lake North project. A 2011 preliminary economic assessment for the Fire Lake North project estimated an internal rate of return of 41.5% and a net present value over $4 billion based on an 8% discount rate. The presentation discusses Champion's mineral resource estimates, development plans, infrastructure access, management team, and provides project highlights and maps.
English champion iron_mines_october 9, 2012shosein2011
This corporate presentation by Champion Iron Mines discusses plans to develop a new major iron ore mine in Quebec's Labrador Trough region. It highlights the Consolidated Fire Lake North project, which has over 4.7 billion tonnes of iron mineral resources. The presentation also notes Champion Iron Mines' land holdings in the established Fermont mining district, access to rail and port infrastructure, low power costs, and experienced management team. It argues that these factors provide a competitive advantage for the development of the company's projects in Quebec.
The document summarizes the Sleeping Giant Gas Project in North Dakota. It describes the large gas potential from shallow reservoirs, analogous to fields in Colorado that have produced over 1 Tcf of gas. The primary exploration target is the Niobrara Formation at 1300 feet depth, which has excellent porosity and is the source rock. If successful, over 100 Bcf could ultimately be recovered from the 2500 sq km structure, providing opportunities to drill over 100 wells.
English champion iron mines october 2, 2012shosein2011
This document provides an overview of Champion Iron Mines and its flagship Consolidated Fire Lake North iron ore project in Quebec, Canada. Champion owns 14 iron ore projects covering 747 square kilometers in the established iron ore mining district of Fermont. A prefeasibility study for the Fire Lake North project indicated annual production of 8.7 million tonnes of concentrate over 25 years. Champion has secured port capacity of 10 million tonnes annually at the new multi-user Pointe Noire wharf under construction in Sept-Iles, planned for completion in 2014. The company has a strong management team with over 200 years of combined experience in iron ore exploration and mining.
Strata-X Energy 2015 September- Good Oil ConferenceStrata-X Energy
Strata-X Energy is an oil and gas company focused on developing unconventional light oil resources in the Illinois Basin through the application of new technologies to known fields. Key points include:
- They have acquired over 40,000 net acres in the basin with multiple identified oil plays, including the Lingle Formation which has over 1 billion barrels of oil initially-in-place.
- Their first "bypassed pay" waterflood project was successful in proving reserves of 1.28 million barrels of oil and their initial horizontal well test exceeded 300 barrels of oil per day.
- Upcoming appraisal drilling is expected to further de-risk resources and lead to reserve growth through additional discoveries and optimized completions.
English champion iron mines sept 18th 2012shosein2011
This corporate presentation by Champion Iron Mines provides an overview of the company's iron ore exploration and development projects in Canada's Labrador Trough region. It summarizes plans to develop the flagship Consolidated Fire Lake North Project, which has over 4 billion tonnes of mineral resources and is expected to produce 8.7 million tonnes of concentrate annually. The presentation also discusses Champion Iron's competitive advantages, management team experience, capital structure, and growth opportunities through developing its portfolio of 14 early-stage projects in the established iron ore district.
Sky Petroleum: Exploration Blocks in Albania - SummarySky Petroleum Inc
Sky Petroleum has been granted exclusive rights to explore 3 blocks in Albania covering 5,000 km2, which contain 10 identified oil and gas prospects totaling an estimated 900 MMBOE based on previous exploration. The prospects are located close to existing oil and gas infrastructure and producing fields, and show potential based on analogs such as the Ballsh and Hekal fields. Further exploration is needed, including seismic work and exploratory wells, to better evaluate the structures and confirm the reserves potential.
Champion Iron Mines is presenting on developing the next major iron ore mine in the Labrador Trough region of Canada. The presentation provides an overview of Champion Iron's projects in the region, including the flagship Consolidated Fire Lake North Project, which has over 1 billion tonnes of mineral resources. It summarizes the results of a preliminary economic assessment for the Consolidated Fire Lake North Project, indicating an internal rate of return of 41.5% and payback period of 2.3 years. The presentation also provides details on infrastructure, metallurgy, development timelines and growth opportunities for the projects.
This presentation provides an overview of Solitario's mining projects and investment opportunities. It discusses the positive economics and development progress of the Mt. Hamilton gold project in Nevada. It also outlines the world-class potential of the Bongará zinc project in Peru, which is being advanced by partner Votorantim Metais. Solitario has a diversified portfolio including the high-impact Pedra Branca PGM project, the Pachuca silver-gold project, and a strong balance sheet to advance its goals.
Dundee Capital Markets Initiating Coverage: NexGen Energy Ltd. (July 2013)Uranium Exploration
David Talbot of Dundee Capital Markets comments on Athabasca Basin uranium explorer NexGen Energy. NexGen Energy is an exciting new uranium explorer...
Exile Resources June 2010 Investor PresentationPENTA
The corporate presentation provides an overview of Exile Resources Inc., an oil and gas exploration and production company focused on Africa. It summarizes their existing project in Nigeria called Akepo, which has tested oil zones and is targeting first oil in summer 2010. It also discusses their exploration license in Zambia and plans to acquire additional projects in Nigeria and other parts of West Africa. Key milestones for 2009/10 include bringing Akepo online, reviewing opportunities for business development, and pursuing financing to fund growth.
English champion iron_mines_october 9, 2012shosein2011
This corporate presentation by Champion Iron Mines provides an overview of the company and its plans to develop a major new iron ore mine in Quebec, Canada. Champion owns several iron ore projects in the established mining district of Labrador Trough, including its flagship Consolidated Fire Lake North Project, which has over 4.7 billion tonnes of mineral resources. The presentation highlights a recent feasibility study that indicates the CFLN project can produce 8.7 million tonnes of concentrate annually for 40 years. Champion has an experienced management team and access to key infrastructure like rail, low-cost power, and the port of Sept-Îles to support the development of its projects.
Champion Iron Mines is presenting on developing the next major iron ore mine in the Labrador Trough region of Canada. The presentation provides an overview of Champion Iron's projects in the region, including the flagship Consolidated Fire Lake North Project, which has over 400 million tonnes of resources. The presentation highlights the preliminary economic assessment for the Consolidated Fire Lake North Project, which shows strong economics including an internal rate of return of 41.5% and payback period of 2.3 years. The presentation also discusses Champion Iron's management team and competitive advantages in the region.
The document discusses the changing global availability of lithium. It notes that world lithium reserves are estimated at 12.6 million tonnes and resources at 32.5 million tonnes. Forecasted global lithium demand is expected to grow from 134,672 tonnes in 2010 to 190,500 tonnes in 2015 and 254,300 tonnes in 2020. Several new lithium mining and production projects are under development that could help meet this increasing demand if brought online successfully. The long-term outlook for sufficient lithium supply depends on the ability of both existing and new projects to ramp up production levels to satisfy cumulative demand growth.
The document provides a training report for a basic ICT integration training that took place from November 2-5, 2010 at Dipetlelwane Primary School in South Africa. It summarizes the project purpose, methodology, and outcomes. Key points include: the training aimed to equip both teachers and students with basic computer skills; attendance was high among teachers but sessions could only last 2 hours each day; students enjoyed using educational software and were eager to return; ongoing issues like electrical problems and lack of internet access need attention.
Vmc Investor Day Management Presentation 2015VulcanMaterials
The document provides an overview of Vulcan Materials' investor day presentation on February 25, 2015. It begins with introductory remarks and a safe harbor statement. The presentation then focuses on Vulcan's core values of safety, health, environmental leadership and respect. It reviews Vulcan's performance during the decline, turnaround and early recovery stages of the construction cycle. The presentation outlines Vulcan's goals of achieving $2 billion in EBITDA and over 255 million tons of aggregates shipments at normal demand levels. It identifies key drivers to reach these goals including volume growth, pricing increases, operating efficiency, sales and production mix improvements and reducing selling, administrative and general expenses. The presentation emphasizes Vulcan's focus on execution through sales
The study of sequence stratigraphy and sedimentary system in Muglad Basiniosrjce
Application of sequence stratigraphy theory, by levels of base level cycle sequence feature analysis,
combined with core and log data, establish the sequence stratigraphic framework. The Cretaceous sedimentary
strata are divided into six two sequences and 14 third-order sequences. In sequence stratigraphy based,
combine well logging, seismic and core observation, and comprehensive analysis of each well rock type, color,
bedding and other construction phase marks. Identify the Cretaceous strata have delta, meandering fluvial
facies and braided river with three main facies. Detailed study of Cretaceous sedimentary characteristics,
identify each sedimentary microfacies, sedimentary facies sequence established in the region
Continental rifts are regions of extensional deformation where the entire thickness of the lithosphere has deformed under the influence of deviatoric tension.
Rifts represent the initial stage of continental break-up where extension may lead to lithospheric rupture and the formation of a new ocean basin.
Salah wahbi's presentation slides from the 2010 World National Oil Companies ...oilandgas
This document provides information about oil and gas exploration and production in Sudan. It discusses Sudan's exploration history since the 1950s, current exploration and production sharing agreements, petroleum infrastructure including pipelines and refineries, average oil production and recovery factors across different oil blocks, Sudapet's role and objectives, and its vision to become a leading integrated oil and gas company in Sudan.
documents-ulkerbiskuvi-pdf-ulker biskuvi-management_presentationAras Dagli
This management presentation summarizes Ülker, a leading Turkish confectionery company. It outlines Ülker's position as the market leader in biscuits, chocolate and cake categories in Turkey, with market shares of 48%, 49% and 33% respectively. The presentation also discusses Ülker's strategy of streamlining its product portfolio, improving margins through a simplified distribution network under its parent company Yildiz Holding, and pursuing international expansion into high growth markets. Financial targets include achieving revenues of ~TL 2.6 billion in 2013 with EBITDA margins expanding to 11-11.5%.
Michael Aryeetey, Lead Geoscientist at GNPC - Unlocking the ultradeepwater po...Global Business Events
This presentation provides an overview of deepwater and ultra-deepwater exploration opportunities offshore Ghana. It discusses GNPC's mandate to promote petroleum exploration and production in Ghana. It then summarizes worldwide trends in deepwater exploration, notable successes in West Africa, and the sedimentary basins and plays in Ghana's offshore regions. Current exploration opportunities exist in the Tano and Keta Basins in water depths up to 3,500 meters, near existing discoveries. Challenges include operating in remote, high-pressure deepwater environments.
The document provides an overview of Westbridge Energy Inc.'s exploration activities in Namibia. It summarizes Westbridge's acquisition of Block 1811B in offshore Namibia, which contains over 1.4 million acres with potential oil reserves based on regional geology. It outlines Westbridge's work program to acquire and interpret seismic data and potentially drill an exploratory well. Upcoming catalysts include regional drilling by other companies in Namibia and Westbridge's own exploration activities over the next few years.
Westbridge Energy acquired an oil and gas exploration block in offshore Namibia. The block is located in a basin with similar geology to productive areas in Angola and Brazil. Westbridge plans to acquire seismic data and drill an exploratory well on the block in the next two years. The company has an experienced management team with a track record in Africa and plans to pursue additional assets and partnerships.
ERHC Energy Inc. is a US-based public company that holds oil and gas exploration licenses in São Tomé and Príncipe, Nigeria, Kenya, and Chad. The company has a long history of exploration activities in São Tomé and Príncipe dating back to 1997 and holds exploration blocks 4 and 11 in the country's exclusive economic zone. ERHC has identified potential hydrocarbon resources in Block 11 based on seismic data interpretation showing deepwater turbidite fan deposits and a basement fault that could have trapped hydrocarbon accumulations. The company aims to further explore and appraise the hydrocarbon potential of its licenses.
Michael Bowen has built a career in business development, marketing, and helping others to develop and explode their communication and thinking skills. As a consultant, Michael Bowen Oil and Gas investments providing biggest advantages of tax deductions.
Objective Capital Rare Earths, Speciality and Minor Metals Investment Summit
Focus on rare earths projects around the world
Exploring for rare earths in Namibia
18 March 2010
by Don Burton, Etruscan Resources
Afren plc has a diversified portfolio of oil and gas assets in 12 countries. In 2012, the company will focus on development projects in Nigeria and Kurdistan, as well as an exploration and appraisal drilling campaign of up to 14 wells across its assets. Key priorities include ongoing production from fields in Nigeria, Kurdistan, and Côte d'Ivoire, along with appraisal and development drilling on discoveries and prospects in those countries and elsewhere in Africa.
This document provides a technical overview of petroleum exploration and development activities in the Joint Petroleum Development Area (JPDA) between Timor-Leste and Australia. It summarizes that over 50,000 km of seismic data and 46 wells have been drilled, leading to 9 significant oil and gas discoveries. The Bayu-Undan gas field has been producing since 2004 via a gas recycling project and pipeline to Darwin, while other fields like Elang-Kakatua-Kakatua North have also seen production. Four blocks are currently being promoted for new exploration, with proven petroleum systems and existing seismic data but many remaining untested structures.
MIL Resources holds a large land position in Papua New Guinea covering over 10,000km2. Recent results from the Poi project include trenching returning 20m at 7.17g/t gold and 0.5% copper. Geochemistry at the Golden Peak project shows gold anomalies over several square kilometers. Radiometric anomalies have been identified at the Domara project near tenements held by other companies. MIL is also exploring projects in New Britain and New Ireland that show potential for porphyry copper-gold and epithermal gold mineralization.
The document provides a technical review of the EPL Ovitoto copper project located in Namibia. Key points include:
- The project covers an exploration license 26km from Okahandja, Namibia near infrastructure. 6 drill holes indicate open cast potential.
- Early stage exploration identified copper mineralization including malachite, azurite and chalcopyrite from historical mining.
- Further exploration is recommended to define the ore body dimensions and grade since current data is limited.
- The owners seek a joint venture partner to fund additional exploration and evaluation of the project's mining potential.
The document summarizes Canadian Zinc Corporation, an emerging zinc producer that owns the high-grade Prairie Creek Mine in the Northwest Territories. The mine contains over $200 million in infrastructure and was previously permitted but requires final permits. Recent studies show an 11-year mine life with average annual production of 120,000 tonnes of zinc, lead, and silver concentrates. The mine has support from local communities and governments and plans to use underground mining and milling to produce high-grade concentrates for potential significant economic returns.
Rick Van Nieuwenhuyse (President & CEO) presented at the NovaGold SGM re: NovaCopper spin-out. Over 99% of the votes cast were in favour of the spin-out.
L & M Energy- Resources & Energy Symposium 2012Symposium
The document summarizes LMEnergy's portfolio of oil and gas exploration assets in New Zealand. LMEnergy holds conventional permits in the proven Taranaki Basin, with near-term drilling planned. It also has unconventional permits prospective for coal seam gas, shale gas, and underground coal gasification. LMEnergy has a diversified portfolio with conventional and unconventional assets offering different risk and reward profiles. Exploration programs are ongoing across the portfolio to assess the significant hydrocarbon potential.
Lakeland Resources is exploring the Gibbons Creek uranium target in northern Saskatchewan. The area has potential for uranium mineralization based on nearby deposits found by other companies. Gibbons Creek is located along the regional-scale Snowbird Tectonic Zone fault system, which is associated with several uranium deposits in the Athabasca Basin. Historic drilling on the property in the 1970s intersected elevated uranium near the unconformity contact. Lakeland's recent field work found radioactive boulders grading up to 5.1% uranium. Structural mapping suggests the potential for undiscovered brittle fault zones that could host additional uranium mineralization.
Resources roadshow april geoff laing, exco resources ltdSymposium
This document provides an overview and update from Geoff Laing, Managing Director of Exco Resources Ltd, on the company's operations and strategy. It discusses Exco's past successes developing the Cloncurry Copper Project and White Dam Gold Mine. It outlines Exco's current business activities including royalties from the Great Australia deposit and exploration at White Dam and in Queensland. The presentation concludes by detailing Exco's strategy in 2012 which includes ongoing exploration and evaluation of opportunities to acquire new assets to drive future growth.
Linear Metals is focused on exploring a district-scale land package in Kenya that shows potential for multiple gold deposits. Drilling at the Kamwango prospect within the land package has returned high-grade intercepts including 10.68 g/t gold over 4.8 meters. The company's land holdings cover approximately 2,000 square kilometers of underexplored greenstone belt with a long history of artisanal gold mining. Linear also owns the KM61 molybdenum project in Nunavut, Canada that has a large molybdenum-copper-silver resource defined. Ongoing exploration aims to deliver multiple discoveries to create shareholder value from Linear's gold and base metal
UNX Energy Corp. holds exploration rights to over 51,000 km2 of land in Namibia that is highly prospective for oil and gas discoveries. The company's key block, 2713A, contains a large potential trap that could hold over 2 billion barrels of oil based on an independent assessment. Successful wells near UNX's blocks indicate the presence of source rock and reservoirs in the area. With a planned 3D seismic survey and pursuit of farm-out partners, UNX aims to de-risk its prospects and potentially drill an exploratory well in 2011. The company is led by an experienced management team with significant international oil and gas expertise.
- The company is focused on exploring and developing uranium projects in Australia's Alligator Rivers Uranium Province, which has historically produced 700 million pounds of uranium.
- In 2012, the company plans to drill test extensions of known mineralization at its Tin Camp Creek project as well as priority targets along the 7km Orion Trend, with the goal of identifying large, high-grade deposits.
- The company recently defined an initial JORC-compliant inferred resource of 6.5 million pounds of uranium at 0.31% U3O8 at its Caramal deposit, located within the Tin Camp Creek project.
Similar to Management Presentation from October 9, 2012 Special Meeting of Shareholders (20)
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ERHC Energy Inc. held a presentation to discuss its operations and future plans. It outlined its exploration license interests in Kenya, Chad, São Tomé and Príncipe, and the Nigeria-São Tomé and Príncipe Joint Development Zone. ERHC intends to significantly increase exploration activities in these areas and pursue strategic acquisitions. It will require substantial new funding through rights offerings, direct placements, and farm-outs to oil and gas companies. The goal is for ERHC to become a large holder of exploration acreage in Africa and successfully exploit these assets.
The Fort Worth Chapter of the Public Relations Society of America was kind enough to invite me to present on the recent spate of consumer uprisings that have vexed Netflix, Bank of America and Susan G. Komen for the Cure. The presentation I delivered wouldn't have made much sense since there were few words on the slides, so I've created this version includes incorporates my speaking points.
ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, presented at the 2011 Oil and Gas Conference presented by Enercom on Wednesday, August 17, 2011.
ERHC Energy Inc. (OTCBB: ERHE) is an American-based energy investment company with valuable oil and gas assets in the deep water Gulf of Guinea. The Company's management is delivering this presentation to various interested parties in 2011.
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This is the presentation delivered by ERHC Energy Inc. President and CEO Peter Ntephe at the 14th UNCTAD Africa Oil, Gas & Minerals Trade & Finance Conference in Sao Tome.
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ERHC Energy's principal presenter was David Bovell, Vice President Corporate Development.
Please note: Slide 4 of the presentation states "Insiders own 51.7% of outstanding shares." The correct figure is 42.6%.
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This was presented by ERHC Energy (OTCBB: ERHE) CEO Peter Ntephe. The Congressional briefing, titled “The Impact of U.S. Energy Policy on Trade with the Gulf of Guinea,” was hosted by the Greater Houston Partnership and the Woodrow Wilson International Center for Scholars. It was chaired by U.S. Congressman Bobby Rush, the Chairman of the Committee on Energy and Commerce, Sub-Committee on Trade, Commerce and Consumer Protection.
Mr. Ntephe's presentation was delivered during the session on 'Private Sector Perspectives on Policy Impacts on Trade and Commerce.' Others participating included Shahid Ullah (Afren), Funsho Lawal (Voyager Exploration Limited) and Sam Smoots (Gulf of Guinea Energy Fund). It took place from 9.30am to noon at the Greater Houston Partnership's Offices in Houston.
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On Tuesday, April 27, 2010, the management of ERHC Energy Inc. (OTCBB: ERHE) presented this information to shareholders following the adjournment of the Company's Annual Shareholder's Meeting.
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The document provides summaries of 13 crisis and issues case studies handled by Daniel Keeney and DPK Public Relations. The case studies involve a variety of clients across different industries including a hospital, aquarium, forest products company, college store, pharmaceutical company, baby product manufacturer, and resort company. For each case, the PR role is summarized as creating messaging, building coalitions, engaging key audiences, shifting stances, and addressing concerns to manage crises and issues.
comScore Webinar: Getting Beyond Big In Online VideoDan Keeney
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1) ERHC Energy holds oil and gas exploration rights in the Gulf of Guinea and plans to begin exploratory drilling in 2009.
2) The company has a strong cash position of $32.4 million which will allow it to take advantage of opportunities arising from the economic downturn.
3) ERHC has interests in 3 JDZ blocks where its technical partners have received approval to begin exploratory drilling in 2009.
This is a presentation I gave in back to back workshops for department heads and public service personnel of a local municipality. The intent was to help them better understand the role of the media and how they can do a better job of communicating on behalf of the city to build citizen trust.
- ERHC Energy Inc.'s Chief Operating Officer and Acting CEO presented the company's third quarter 2008 results and provided an operational update.
- Financially, the company has $32.4 million in cash assets and reduced expenses by $250,000 compared to the previous year.
- Operationally, milestones included approval of a drilling location in JDZ Block 2, renamed "Bomu", and progress supporting partners' efforts to secure a rig for drilling.
- Going forward, the company aims to pursue growth through potential acquisitions while maximizing shareholder value.
The document summarizes a management report presented by ERHC Energy Inc. It discusses changes in ERHC's leadership structure, with Nicolae Luca resigning as CEO and Peter Ntephe being elevated to COO. A new Vice President of Corporate Development will oversee corporate growth strategies. All three JDZ block operators have drilling plans beginning in late 2008. ERHC also has rights to participate in oil and gas exploration in Sao Tome and Principe's waters. The new leadership aims to accelerate strategic opportunities and increase the company's visibility.
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2. Cautionary Statement
Statements during this presentation may concern ERHC Energy Inc.’s future operating milestones, future drilling operations, the
planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future
shareholders’ meetings, response to U.S. governmental authority and related proceedings, as well as other matters that are not
historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that
could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk
factors that could impact these areas and the Company’s overall business and financial performance can be found in the
Company’s reports and other filings with the Securities and Exchange Commission. These factors include, among others, those
relating to the Company’s ability to exploit its commercial interests in the JDZ and the exclusive territorial waters of São Tomé and
Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production
activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with
governmental regulations and various other matters, many of which are beyond the Company’s control. Given these concerns,
investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the
date of hereof. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any
forward-looking statement to reflect any change in the Company’s expectations with regard thereto or any change in events,
conditions or circumstances on which any of the above statements is based.
2
3. Special Meeting of Shareholders
Management Presentation
• Strategy overview
• Technical presentation on exploration work
programs in Kenya, Chad
• Fund raising plan
• Value proposition
• Q&A
4. Our Purpose Today
• Ask our existing shareholders to contribute to
ERHC’s growth and therefore realizable shareholder
value
• Need to raise up to $45MM
• Money will enable exploration in Kenya and Chad
• Exploration will increase value of our assets and
enhance shareholder value
5. Brief History
• Through 2009
– Primary focus on deepwater JDZ assets
– Unexpected results from drilling in the JDZ
• 2010 – Awarded two Blocks in Sao Tome & Principe EEZ
• 2011 – Awarded three Blocks in Republic of Chad
• 2012 – Awarded Kenya Block 11A
6. Diversification Strategy
• Transition from single-asset model to multi-asset
model
– Onshore assets complement more complex and
demanding deepwater assets
– More assets means more opportunities to win
• Continuing to leverage home field advantage in Africa
9. Kenya Block 11A
• Located in NW Kenya adjacent to border with South
Sudan
• Structural setting in the vicinity of intersection between
Cretaceous and Tertiary Rift systems
• Significant production already in place in the
Cretaceous basins of South Sudan and recent
discoveries in the Tertiary rifts in Uganda and Kenya
10. Kenya Exploration Acreage
Block 11A licensing history:
Block 11A First demarcated as the larger
block 10 and licensed to
AMOCO in 1985. Block
covered the whole of
northwestern Kenya
Amoco relinquished parts of
the block after ground gravity
and reconnaissance seismic
(~250km)
Block re-gazetted and licensed
to CAMEC (Central Africa
Mineral Exploration company)
CAMEC’s term expired after
acquiring aero gravity and
magnetic data
12. Recent Exploration Success
• Eliye Springs well is in the adjacent Block 10BA
• Loperot and Ngamia-1 wells in Block 10BB are
also nearby
Northwest Kenya
The proximity and in-trend Block 11A
relationship between the
Lotikipi plane and the Abu
Gabra Rift basins of southern Regional Geology
Sudan suggest high oil and The area is dominated by the Cretaceous
gas prospectivity Central Africa Rift System (CARS) and the
Tertiary East Africa Rift System (EARS) with
the associated basin depositional trends
Regional Geology
Similar to Uganda Finds Gravity data enabled the delineation of a
Operator Tullow estimates the sedimentary basin within the Block 11A
discoveries may be similar in area below the Lotikipi plain with a
size to the Lake Albert Rift Basin basin-fill believed to be in excess of
in Uganda, which are estimated 5,000 meters
at 2,000 MMBOE
12
13. Kenya Global Bouguer Gravity
Block 11A
Rift basin
extends into
Block 11A
Rift basins clearly visible in
blue/green colors
14. Gravity Survey Acquired by CAMEC
• The data is coarse grid
and therefore Block
regional, but it identifies 11A
Elemi
3 sub-basins in the north
Turkana area, namely:
Lotikipi
Gatome Lotikipi
Elemi Gatome
• Estimated sediment
thickness in excess of
5000m In the Lotikipi Block 11A Block 11B
Basin
100Km
15. Potential Reservoirs
• Data acquired by Amoco in in the 1980s
• Data quality is poor due to existence of
surface and subsurface volcanics, a
major challenge in acquisition and
processing
• Indications of existence of sedimentary
rocks below the volcanics can be Block 11A
interpreted from seismic
Block 11A
Lotikipi Basin Lokwanamorou High Gatome Basin
Potential sub-volcanic
sediments
16. Subsurface inferred from surface
On
outcrop, the
potential
Potential reservoir target
reservoir sands
are composed
vvvv
of good-quality vvv
basement- vvv
derived vv
units, measurin
g
approximately
500m in
thickness with
measured vv
porosities of up
to 25%
17. Potential Cretaceous Reservoir Sands
Volcanics
Reservoir Sands
Basement
The Lapur outcrop is the most
prominent topographical feature in
northern Turkana
18. Work Program and
Budget: Year 1
General & Admin $2,478,500
PSC work program $3,432,500
Performance bond $5,125,000
Other PSC expenditure $865,000
Contingencies $1,000,000
Total $12,151,000
19. Work Program and
Budget: Year 2
General & Admin $1,532,750
PSC work program $10,040,000
Other PSC expenditure $3,242,500
Contingencies $1,000,000
Total $15,640,250
21. Introduction
• June 2011 After months of negotiations, Government of Chad
awards ERHC Energy Inc. 3 blocks:
– Chari-Ouest III
– BDS 2008
– Manga
• July 2011 Production Sharing Contract (PSC) signed
• August 2011 Presidential Approval of PSC granted
• July 2012 Exclusive Exploration Authorization received
Gazette of Principal Approval received
22. ERHC’s Exploration
Blocks in Chad
Block Sq. Km. Acres Working
Interest
Chari-Ouest III 4,500 1,111,974 100%
(northern half)
BDS 2008 41,800 10,329,000 100%
Manga 17,000 4,200,790 100%
23. Republic of Chad
•Proven Reserves are 1.5 Billion Bbls
Source International Petroleum Encyclopedia
Niger •Undeveloped Discoveries are 2.6 Billion Bbls, and
CNPC largest player 14.6 TCF of Gas
Current Production: ~17,000 bbl/d Source USGS, World Petroleum Resources Project
Unconfirmed EUR: 1.0 Blnbbl
Continue to explore
Sudan All Fields
Key Operators: CNPC & Consortiums
Ndjamena Refinery
ERHC BLOCKS Current Production: 465,000 bbl/d
Peak Production: 538,000 bbl/d (2011)
Operator: CNPC
Reserves (remaining): 1.96 Bln bbls
Capacity: 20,000 bbl/d expandable
EUR: 3.0 Bln bbls
to 60,000 bbl/d
Key basins: Muglad, Melut
Online Date: June 2011
Wells Drilled: 300
Supply: Block H Area II (CNPC)
Commercial & Technical Success: 60%
Block H Area II Greater Nile Oil Project
Operator: CNPC (Former EnCana) Operator: GNPOC (Formerly Arakis)
Expected Production: ~17,000 bbl/d Current Production: 203,000 bbl/d
Reserves (remaining): 85 MMbbl Peak Production: 300,000 bbl/d (2004)
OOIP: 700 mmbbl (CNPC) Reserves (remaining): 662 MMbbl
Continue to explore EUR: 1.49 Bln bbl
Chari Ouest - Doba Basin Chad/Cameroon Pipeline
Operator: Exxon (Esso) Operator: Exxon
Current Production: 115,000 bbl/d Capacity: 225,000 bbl/d
Peak Production: 220,000 (2004) Utilization: 115,000 bbl/d
Reserves (remaining): 462 MMbbl Distance: 1,070 km
EUR: 795 mmbbl Port: Cameroon loading
Expandable by adding pump stations
24. Chad Infrastructure
660 mile long pipeline
60,000 bbl capacity, presently 225,000 bbl per day capacity
processing 20,000 bbl per day
Opened 6 February 2012
60% CNPCI 40% CNO
Chad Production
126,200 bbl per day in
2010
(CIA World Fact Book)
9/18/2012
25. Major Tectonic
Elements of Chad
ERHC BLOCKS
Shear Zone
Rift
SILTOU BASIN
FAYA LARGEAU BASIN
DOSEO BASIN
9/18/2012
DOBA BASIN
26. Focus on BDS 2008
• North of Esso Tega and Maku
discoveries in Doseo basin
• East and on trend with OPIC Benoy-
1 discovery in Doba basin
28. Focus Area 1
Tega:
8 mmbbls
BDS2008
Maku:
21 mmbbls
Tega
10 km
Maku
29. ERHC BDS 2008 “Lead A”
ERHC Lead
A
PTD 12800’ MD Esso Tega #1 – 8
MMBOE
NNW SS
E
ERHC BDS ESSO CHARI EAST - 1st Derivative RTE Magnetic Map
2008 DOSEO
30. OPIC Benoy #1 – Lower
Cretaceous (11.9 - 41.3 MMBOE)
SW OPIC Benoy NE
#1
A
B
C
D
E
• 3,053 m (10,013’) MD; Budgeted dry hole = 17.62 MM USD
• 53 days to TD, 73 days total
• 62 feet net pay, Avg porosity = 17.0; Avg perm = 23.25
• Avg Sw = 49.0, Avg Vsh = 6.1
• DST #1: 2309 – 2334; 1,231 BOD, 0.15 MMCFGD, 0 BWD, 20/64”
0 1.2 KM ch; API 37.4, GOR 122
• DST #2: 2229 – 2232; 1,174 BOD, 0 MMCFGD, 0 BWD, 24/62” ch;
API 34, GOR 0
31. Focus Area 1 and Area 2
Focus Area 1
2D Seismic
Focus Area 2
Airborne Gravity 3
Gradiometry 2D Seismic
BDS 2008
4
CHARI QUEST
III
OPIC Benoy-1 2
1 BDS 2008
5
CHARI EAST -
CHARI WEST - DOSEA
7 6
DOBA
DOBA/DOSEO
BASINS
32. Short tie-in distances to proposed
infra-structure for ERHC initial
exploration focus areas
ERHC
BDS 2008
OPIC Benoy-1
ERHC
BDS 2008
Tega-1
Griffith
Maku-1,2
Focus Area 2
Griffith
Griffith
Griffith
33. Initial Period Technical Work Program
• Database generation
• Complete regional G&G studies
• Acquire airborne grav/mag surveys over focus area 2, Q4 2013
• Acquire 2D seismic over focus area 1 or focus area 2 , Q4 2014
• Determine lead/prospect areas
• If necessary, delineate with additional seismic, Q4 2015
• Drill first exploration well Q4 2015 or Q4 2016
34. 2013 Work Program
and Budget
General & Admin $1,695,000
PSC work program $1,514,645
Other PSC expenditure $545,006
Contingencies $750,000
TOTAL $4,504,651
35. 2014 Work Program
and Budget
General & Admin $1,395,000
PSC work program $10,074,000
Other PSC expenditure $545,006
Contingencies $ 750,000
TOTAL $12,764,006
37. Fund Raising Options
• Objective: Raise up to $45MM
• Fund Raising Approach:
– Issue shares of common stock
• Rights Offerings
• Registered Direct Offerings
– Convertible Loans and other debt instruments
– Other available financing options
38. Rights Offering
• Existing shareholders as of a date to be determined
will have opportunity to contribute substantial portion
of new capital
• The number of shares an existing a shareholder can
purchase in the offering will depend on the number of
shares they own
39. Oversubscription
Privilege
• For: Shareholders exercising all of their basic
subscription privilege
• What: The right to purchase remaining unsubscribed
shares of common stock at the expiration of the
Rights Offering
• Subject to: Availability and pro-rata allocation of
shares
40. Dilution
• Shareholder taking up their pro-rata
entitlement in full in the Rights Offering will
experience no dilution
• Shareholders not taking up their pro-rata
entitlement will experience an immediate
dilution in their interests in the Company
42. Exploration
Asset Value High Return/Low Cost
Market Cap
Exploration Development Production
The market cap and asset value curve depicted here is merely
for discussion purposes. Actual results may vary.
43. ERHC Energy – JDZ
Block 4
$20 $18 Acreage Details:
$18
$16 • November 2003 ERHC was awarded
$14 Block 4 in the JDZ for $0.73 million.
$12 • November 17, 2005, ERHC Energy
entered into a participation agreement
$MM
$10
with an Addax Petroleum who agreed
$8 to assign to Addax a 40.5%
$6 participating interest in Block 4 of the
$4 JDZ for $18 million and pay all of the
$2 $1 Company’s future costs in respect of
$0 all petroleum operations in Block 4
Apr 2004 Nov 2005
Source: Company Public Filings and Press Releases
44. Growing Value
Requires Investment
Kenya Work Program and Budget: Year 1 $12,151,000
Kenya Work Program and Budget: Year 2 $15,640,250
Chad 2013 Work Program and Budget $4,504,651
Chad 2014 Work Program and Budget $12,764,006
TOTAL $45,059,907
45. Summary
• Ready to commence exploration work programs in
Kenya and Chad
• Existing data points to prospectivity of our target areas
• Existing shareholders will have an opportunity to
participate in fund raising and avoid dilution
• Objective is to grow and diversity the Company, add
value to our assets
48. Intersection of two rift systems:
Central African and East African Rift Systems
49. Central African Rift System (CARS)
Proven petroleum
province extends
from the Niger
Delta through
Cameroon, Chad,
Central Africa
Republic and
southern
Sudan, terminatin
g in the Anza
Basin, Kenya
52. PSC Highlights
• Blocks awarded and single PSC signed in June 2011
• Presidential decree of approval issued in August 2011
• Total signature bonus of US$40,000,000 (Chadian standard)
– ERHC has negotiated:
• US$6,480,000 upfront in three installments
• Balance payable from production
• Contract terms
– Initial Period: 5 years with minimum work program of US$ 15,000,000
– Renewal Period: 3 years with minimum work program of US$ 1,000,000 plus drilling of one (1) exploration well, if
such a well has not already been drilled in the Initial Period
• Royalties: 14.25% oil and 5% gas
• Cost recovery100%:
– through yearly “Cost-oil” up to a value of 70 % of yearly net oil production minus the royalty on this production
• 60% oil profit to ERHC up to R – Factor of 2.25; 50% for R – Factor of 2.25 – 3.0; 40% for R – Factor of greater than 3.0
54. 1D Basin Modeling
Esso Assessment (2008) Platte River 1D Basin Model
• Lower Cretaceous lacustrine Esso Tega #1 well used for
shales of the C, D, and E are geochem, structure and heat flow input
the source rocks for the
common HC system
(source, maturation, migration
) that applies to all the plays.
• Peak maturation occurred
from 70 to 100 mya and
generation has been waning
ever since.
55. 2D Seismic Coverage and Well Locations
in ERHC Technical Inventory
BDS 2008
Chari Ouest III
Focus Area 2
56. Initial Period Technical Work Program
INITIAL PERIOD RENEWAL PERIOD
year2 year3 year4 year5 year 6 year7
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
2013 2014 2015 2016 2017 2018
Continue
FA1
Expl.well
FA1
3D propsects Drop
FA1 or additional 2D
2D seismic Drop
FA1 Continue
Expl.well
Drop Continue
FA2 FA2
Airborne Expl.well
Gravity FA2
3D propsects Drop
or additional 2D
Drop
Continue
FA2 FA2
2D seismic Expl.well Continue
FA1
Drop Expl.well
FA1
3D prospects Drop
FA1 or additional 2D
2D seismic Drop
FA1 Continue
Expl.well
Drop
dry season 2D/3D Seismic Drilling of Well
Acquisition
Editor's Notes
During this presentation, management will provide an overview of its business strategy, discuss the technical aspects of its work programs in Kenya and Chad, highlight its plans for raising funds and explain how those funds will be used to enhance the value of the Company’s assets and enhance shareholder value. We also will set aside ample time for questions.I now turn the floor over to President and CEO Peter Ntephe…
Our purpose today is to request you – our existing shareholders – to give us the means to increase the value of your shareholding by contributing to the growth of your Company. We intend to raise up to $45MM that will be used over the next two years to fund exploration work programs in Kenya and Chad. These programs are intended to boost shareholder value far in excess of amounts contributed and enable shareholders cash in on the enhanced valuation. We will provide details in a moment regarding our assets and why we are so excited about this opportunity to increase their worth and enhance shareholder value.
In the past 3 years, we’ve gone from having only 3 JDZ blocks under definitive contract to having 3 blocks under contract in Chad and 1 further block contracted in Kenya. The size of acreage under ERHC’s control has more than tripled in that time. There are still more contracts on the horizon with negotiations proceeding apace in the EEZ and applications in progress in several African countries.
We’re transitioning rapidly from owning only offshore assets operated for us by others to a focus on onshore assets, some of which this company expects to operate in its own right. It is a fundamental shift but one we expect if diligently pursued will better position the Company and its shareholders to reap significant and sustainable gains.
The ultimate goal of course is to see that the benefit accruing to shareholders, in terms of realizable value of their investment in ERHC, is maximized
I will now call on ERHC’s exploration manager, Mr. Gertjan Van Mechelen, to talk about the onshore assets in Kenya and Chad. Shareholders realize of course that the impending work programs and advance pecuniary obligations on these assets are the immediate reason why ERHC needs to raise money and to raise it fairly quickly. Gertjan?
Location is on the intersection of Central African Rift System and the East African Rift System
Recent success by Tullow south of our acreage in the Ngamia-1 well, oil with similar characteristics as found in Uganda.
Global Gravity derived from Satellite measurements.
The Global gravity does not show what locally acquired gravity shows as the presence of additional basins.
Seismic imaging of the subsurface structure is poor on this 1986 vintage data. Improved seismic acquisition and processing techniques we hope will provide a better subsurface structure.
Excellent reservoir rocks are present in outcrop. We hope to find these same reservoir rocks in the subsurface.
Three block, but all under one PSC., which means these three block do not have separate obligations.
Self explanatory slide
Infra-structure put in place for both domestic consumption as well as export.
Particularly the Chari Ouest III and BDS2008 are located along the Central African Shear Zone (CASZ)
Focus on areas close to proven oil.
Regional stratigraphy mapping indicate presence of alluvial fan deltas and lacustrine deltas in our areas of interest providing both reservoir and seal rocks.
During peak oil generation oil (70-100 mya) would have moved already towards the edges of the basin prior to later structuring.
Similar structural style as seen in the OPIC’s Benoy-1 discovery is expected to the east in our Focus Area 2
Griffith, who hold the acreage south of BDS2008 shows proposed infra-structure in which future discoveries could be tied in.
Thank you, Gertjan. I will now call on Mr. Sylvan Odobulu, ERHC’s Vice President and Controller, to present on our fund raising plans and objectives.
SYLVAN:Thank you, Peter. Our assumption is that we will not accept a farm-in partner through year two of our exploration work programs. This is a conservative assumption that we believe is in the best interests of shareholders. We will therefore need to raise up to $45 million over the next 18 months for our exploration programs in Kenya and Chad. The most feasible option open to us is equity finance. We plan to proceed by a rights offering to existing shareholders and registered direct offerings to new ones.
The shareholder approval to increase the authorized share capital gives us the number of shares needed to undertake meaningful rights offering to our existing shareholders. We shall be announcing the terms of a rights offering shortly, approval having now been given to the increase in authorized share capital. The rights offering will give our existing shareholders the right to purchase shares in proportion to their existing holding
Subject to final consultations with our advisers, we expect that oversubscription privileges will be provided as part of the rights offering to enable willing shareholders take up any shares offered under the rights offering that are unsubscribed at the end of the exercise.
A rights offering gives shareholders the opportunity to participate fully in the Company’s growth while avoiding dilution. Of course, no shareholder is under any compulsion to participate in the rights. I will now hand back to Peter to explain the ERHC value proposition.
PETER: The E&P value proposition is a unique one. The excisable value proposition of the ‘E’ in E&P – that is, exploration – is even more unique. It is a high-risk, high reward proposition that is not necessarily predicated on cash flow and might not even involve the discovery of hydrocarbons.
To increase the value of your Company, to increase the money you can make from this Company, we need to spend money to enhance the assets – up to $45mm assuming we don’t take a farm in partner before then. This is the value proposition of E&P. The more money you can spend on developing the asset, the more you can potentially reap from the investment
In summary, ERHC is positioned to get started with exploration work programs in Kenya and Chad. As we’ve described, we have every reason to be excited about the prospectivity of our target areas. What needs to happen next is raising funds. We understand that existing shareholders are concerned about dilution, which is why we plan a Rights Offering, which will allow existing shareholders to participate and avoid dilution. Our overriding objective is to grow and diversify the Company while adding value to our assets and to shareholders’ value.This completes our management presentation. Thank you for your interest and attention. Dan Keeney is in the audience with a microphone if anyone has questions.
Thanks, Peter. If anyone has questions, please raise your hands. We ask that you keep any comments to no more than a minute. If you have more than one question, we can come back to you, but we want to be sensitive to everyone’s time and give everyone an opportunity to ask a question.