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LNG Energy - Poland South Baltic Gas Forum 2011 Gdańsk September 6,  Patrycja Kujawa
FORWARD LOOKING STATEMENTS 2
About LNG LNG Energy Ltd. is a Canadian exploration and development company focused on developing the extraordinary oil and gas reserves in Papua New Guinea, Poland and Bulgaria LNG shares trade on the TSX Venture Exchange under the symbol "LNG”  
Papua New Guinea ,[object Object]
Prospect inventory developed and currently acquiring 2D seismic
Two of the licenses are located in the main oil and gas fairway, sandwiched between ExxonMobil’s existing and planned export infrastructure, Oil Search’s acreage and InterOil’s 9 TCF reef discovery4
PNG License Location Map Existing unutilized Oil Export Line capacity of approx. 120,000 bopd 5
Bulgaria ,[object Object]
On a successful result from this well, an application will be made to the government of Bulgaria for a production concession (the "Etropole Concession”)
The Etropole Concession is expected to cover an area up to 1,640 square kilometers (405,080 acres) for a term of up to 35 years6
Bulgaria License Location Map General location of license area 7
Poland ,[object Object]
50% of two concessions: Iława and Węgrów
20% of the Saponis concessions operated by BNK Petroleum: Sławno, Słupsk and Starogard8
Saponis ,[object Object]
Sławno: The Wytowno-1 well was drilled to TD of 3,580 m in February
Słupsk: The Lebork S-1 well was drilled to TD of 3,590 m in April
Starogard: The Starogard S-1 well was drilled to TD of 3,524 m in August
Completion of these wells scheduled to begin this fall9

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2.6 "Doswiadczenia w dzialaniach zwiazanych z wydobyciem gazu z lupkow - LNG Energy" - Patrycja Kujawa [EN]

  • 1. LNG Energy - Poland South Baltic Gas Forum 2011 Gdańsk September 6, Patrycja Kujawa
  • 3. About LNG LNG Energy Ltd. is a Canadian exploration and development company focused on developing the extraordinary oil and gas reserves in Papua New Guinea, Poland and Bulgaria LNG shares trade on the TSX Venture Exchange under the symbol "LNG”  
  • 4.
  • 5. Prospect inventory developed and currently acquiring 2D seismic
  • 6. Two of the licenses are located in the main oil and gas fairway, sandwiched between ExxonMobil’s existing and planned export infrastructure, Oil Search’s acreage and InterOil’s 9 TCF reef discovery4
  • 7. PNG License Location Map Existing unutilized Oil Export Line capacity of approx. 120,000 bopd 5
  • 8.
  • 9. On a successful result from this well, an application will be made to the government of Bulgaria for a production concession (the "Etropole Concession”)
  • 10. The Etropole Concession is expected to cover an area up to 1,640 square kilometers (405,080 acres) for a term of up to 35 years6
  • 11. Bulgaria License Location Map General location of license area 7
  • 12.
  • 13. 50% of two concessions: Iława and Węgrów
  • 14. 20% of the Saponis concessions operated by BNK Petroleum: Sławno, Słupsk and Starogard8
  • 15.
  • 16. Sławno: The Wytowno-1 well was drilled to TD of 3,580 m in February
  • 17. Słupsk: The Lebork S-1 well was drilled to TD of 3,590 m in April
  • 18. Starogard: The Starogard S-1 well was drilled to TD of 3,524 m in August
  • 19. Completion of these wells scheduled to begin this fall9
  • 21.
  • 24. Contributed our own articles and educated local journalists
  • 25. Meetings with local authorities at gmina and powiat levels
  • 27.
  • 28.
  • 29. No history of hydrocarbon exploration
  • 30. Population is concerned about the effect of shale gas exploration on their tourism industry – proximity to Mazurian lake district
  • 31.
  • 32. Pushed forward a concession commitment to drill one well on the license in 2012
  • 33. Same kind of community relations program as in Iława
  • 34.
  • 35.
  • 36. Press coverage Headline: Energy from us, Money for us – article written in the regional Iława newspaper following a presentation for the gmina council by LNG management and Ministry of Foreign Affairs. There were several local newspaper articles including in the Echo Iławy, Gazeta Olsztyńska and Gazeta Nowe Miasto Lubawskie.
  • 37.
  • 38. The first project was a short film that documented the reactions of local authorities to shale gas exploration in their area
  • 39. The second project was an animation combined with some footage of a Polish well site in response to feedback to a generic American animation shown at information meetings
  • 40. Future film projects will take into account feedback that people would like to see a film featuring interviews with Polish people living around shale gas exploration wells that have been drilled17
  • 41.
  • 42. Thank you for your attention Patrycja Kujawa, MSc pkujawa@lngenergyltd.com +48 518 259 559 19

Editor's Notes

  1. The license includes unconventional as well as conventional prospects along the Aglen Trend
  2. Agitation – uninvited people coming to meetings, people who work for the gminas/powiats on internet forums, newspaper articles bringing up concerns about the effect of gas development on the Mazurian lake district vying for internet title of a world wonder
  3. Local press fall into two categories: young kids straight from journalism school who have a limited amount of knowledge about many subjects and who can be error prone and older journalists who are community members and are usually engaged in the community on many levels, have substantial knowledge about the community and also tend to have a political bent