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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
3
 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
 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
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
 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
8
CamCan PSC Provincial Areas:
• Khammouan ~ 5%
• Savannakhet ~ 90%
• Salavan ~ 5%
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
 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
11
 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

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General overview

  • 1.
  • 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
  • 3. 3
  • 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
  • 8. 8 CamCan PSC Provincial Areas: • Khammouan ~ 5% • Savannakhet ~ 90% • Salavan ~ 5%
  • 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
  • 11. 11
  • 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