The document discusses CamCan Energy Limited's oil and gas exploration concession in Laos. It outlines key terms of the Production Sharing Contract including a 7-year exploration period with minimum work commitments. Previous explorers acquired over 2,300 km of 2D seismic data and drilled 2 wells indicating a proven petroleum system. CamCan plans to analyze existing data, conduct additional surveys as warranted, and drill exploration/appraisal wells to assess the potential of multiple prospects identified totaling over 200 million barrels of oil and 1.4 trillion cubic feet of gas.
2. DISCLAIMER - “FORWARD LOOKING STATEMENTS”
The documents provided on this presentation contain statements related to our current and future business
and financial performance and future events or developments involving CamCan Energy Limited (“CamCan”)
that may constitute forward-looking statements. These statements may be identified by words such as
"expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or
words of similar meaning. We may also make forward-looking statements in other reports, in presentations,
in material delivered to shareholders and in press releases. In addition, management, employees and our
representatives may from time-to-time make oral forward-looking statements. Forward‐looking statements
include, but are not limited to, statements with respect to the timing and amount of estimated future
Exploration, success of exploration activities, expenditures, permitting, and requirements for additional
capital and access to data.
Such statements are based on the current expectations and certain assumptions of CamCan’s management,
of which many are beyond CamCan’s control. These are subject to a number of risks, uncertainties and
factors, including, but not limited to those described in various disclosures or periodic shareholder updates.
Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by the forward‐looking statements. Such
factors include, among others, risks related to actual results of current exploration activities; changes in
project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or
dispose of property interests; future prices of resources; accidents, labour disputes and other risks of the oil
and natural gas industry; ability to obtain financing; and delays in obtaining governmental approvals or
financing.
Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur
or assumptions prove incorrect, actual results, performance or achievements of CamCan may (negatively or
positively) vary materially from those described explicitly or implicitly in the relevant forward-looking
statement. CamCan neither intends, nor assumes any obligation, to update or revise these forward-looking
statements in light of developments which differ from those anticipated.
CamCan Energy Limited does not intend, and does not assume any obligation, to update these
forward‐looking statements. Should this document be translated into any other language, the original
English language document is the sole authoritative and universally valid version.
2
4. Proactive, stable government (single party socialist republic)
Accession to the World Trade Organization in February 2013
Strong economic growth rate ~ 8%
Resource rich: gold, copper, potash… etc.
Inexpensive & safe operating environment
2nd largest new international US embassy opened Q4, 2014
Burgeoning foreign investment – current main trading partners: China, Vietnam &
Thailand
Western capital investment welcomed
Energy consumption 8% growth; mining, construction & modernization
Member of Greater Mekong Sub-Region (GMS) transport & trading association
(Vietnam, Thailand, Myanmar, Cambodia & Laos) – Exposure to ~240 million people
Oil Consumption – GMS ~1.4 million BPD – doubled from 2009 to 2014
Good and improving infrastructure
4
5. Production Sharing Contract (PSC) executed October 7, 2013
Very large, 3 million acres (11,974 sq km), contiguous land area
Superior PSC Terms & Conditions
Extensive work accomplished by previous 2 operators in past 25 years
Previous operator exit rational – Change in focus and economics
4-5 year head-start over ground-floor exploration
Previous work indicates area has extensive prospectivity & hydrocarbon potential
Discovery well (Bang Nouan) on block - First and only well drilled in Q1/Q2, 2010
Multiple, large prospects previously identified (150-250 mm barrels oil; 0.8-1.2 tcf nat. gas
Historically overlooked and under-explored due to geo-political issues (1940-1989)
Current safe and stable geo-political environment
Supportive government
Internationally experienced, competent management with proven track record
Burgeoning resource activity with increasing western interest
Increasing regional energy needs and associated developing infrastructure 5
6. Key PSC Terms & Conditions
1. Concession area of ~11,794 sq km (~3 million acres) 100% CamCan owned
2. 3 Exploration Periods each with a minimum work commitments
3 year Primary Term
2 year Secondary Term
2 year Final Term
3. 30-year Exploitation Period + 10-year extension if warranted
4. Production Sharing
Specific terms available upon request
5. Cost Recovery
Specific terms available upon request
6. Corporate tax on petroleum profits
Specific terms available upon request
7. Minimum Work Commitment for each Exploration Period
350 km 2D seismic + 1 well (dependant on prospect identification from seismic)
8. Low Annual Carrying Costs
Specific terms available upon request
9. Importation of goods and supplies are duty exempt
10. Facilities ownership
Specific terms available upon request
11. PSC Land Relinquishments
Specific terms available upon request
6
7. Concession (100% CamCan owned)
Awarded Oct 7, 2013 – 7 year exploration term
11,974 sq km (~3 million acres)
Very favourable Terms & Conditions
Multiple Prospects ~ 200 mm bbl. oil & 1.4 tcf gas (Hunt Oil)
Proven active petroleum system in Laos basin
• Surface oil seeps & bitumen evidence to east & north-east
• Bang Nouan 1 Discovery well
History
• 1989-1998 Enterprise Oil (2,300 km 2D seismic)
• 1990-1997 Laos Hunt Oil Company (1 well)
• 2007-2010 Salamander Energy (350 km 2D + Discovery well)
• ~1990 presence of many International Oil companies in
neighboring Thailand
Historical Data
• ~ 2,600 km 2D seismic acquired
• 2 Wells ~2,540m (8,334ft) & 3,390m (11,125ft )
7
Infrastructure – Good roads over block & into Vietnam, Thailand & Cambodia (Vietnam ports~250km to east)
Thailand – Nearby production
~90 million cuft/day SinPhuHorm gas field – 1983 Esso discovery. Hess operated. Located ~ 200 km west
~50 million cuft/day SinPhuHorm East - Well tested Sept 2013 by Salamander & partners)
CamCan
Concession
SinPhuHorm
Gas Fields
9. Past Concession Holders
Enterprise Oil ~1989-1998
Salamander Energy ~2007-11
Enterprise Oil, 2D Seismic
Acquired ~2,300 km (1992)
Vibroseis
Example of 4 lines
• E91LA11-02
• E91LA11-02N
• E91LA11-09
• E92LA11-33
Salamander Energy, 2D Seismic
Acquired ~350 km (2008)
9
10. 10
Basin straddles
Mekong Laos-Thailand
border
Basin located at
western edge of
concession
Formation dip rises to
north-east in same
direction as tectonic
forces, surface
outcropping and hills/
mountains forming
Laos-Vietnam border
Oil seeps & bitumen
stained rocks
outcropping up-dip
and to east of
concession
12. The acquisition of 2D/3D seismic and/or drilling of any well will be conditional upon the positive results
from previous work/studies
12
Event
First Exploration Period
Start October 7, 2013
Second Exploration Period Final Exploration
Period
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Gather all available
data
Analyse and reprocess
available data
Conduct FTG gravity
survey (contingent)
Integrate new FTG
survey data with 2D
Acquire new 2D
seismic (if necessary)
Process, integrate &
interpret old & new data
Acquire drilling
services. Drill 1st well
Acquire 3D seismic,
process and interpret
Drill appraisal well or
2nd exploration well
Acquire more 2D/3D
Drill additional Well