Oracle Energy Corp. November Oracle Energy Corp

Transcription

1 Oracle Energy Corp November

2 Oracle Energy Corp Publicly traded company on the Toronto Venture Exchange under the symbol OEC. Oracle has raised funding and participated in ventures including; Yemen exploration, Italy exploration, Texas oil field development and Romania oil field development. Oracle has been focused on Nigerian and Gabon opportunities. Has expanded area of interest to N Africa / S Europe. 2

3 Oracle Management Team Darrell McKenna, Chairman 34 years of energy and leadership experience. Former COO of Kosmos Energy, and senior executive positions with Hess and Mobil Oil Corporation in Canada, US, Australia and Africa. Holds a BSc in Petroleum Engineering from Montana School of Minerals Science and Technology. Peter Francis, CEO - 35 years of experience in the oil and gas industry in executive treasury and government relations positions with ExxonMobil and Shell in US, Europe and Africa. Board Member of Africare, the largest Africa/US Development organization. Fellow and Associate of the Chartered Insurance Institute in London. Art Green, President - 35 years of experience with technical, management and executive positions with Mobil, Exxon Mobil, Hess and Oracle. President and General Manager for Mobil in Equatorial Guinea. Mechanical Engineering degree from the University of Saskatchewan. Nasim Tyab, Founder an entrepreneur and financier with 15 years experience in the Canadian capital markets. Co-founder and a director of Mohave Exploration & Production Inc. from 2006 to 2010, an oil & gas company which amalgamated with Porto Energy Corp raising $100 million. Des Norris, Vice President - 30 year career, including 24 years with Talisman Energy in Indonesia, Australia, Papua New Guinea, New Zealand, South America, Oman, Algeria, and Trinidad & Tobago. He holds an M.Sc.(Geophysics) from the University of Papua Guinea and an M.A. (Physics) from Oxford University. 3

4 Oracle Management Team Martin Yeo, VP Planning - 27 years of experience with ExxonMobil, including executive financial positions in Nigeria, Equatorial Guinea, United States, Canada, Indonesia and Turkey. He is a professional accountant and a member of the Canadian Institute of Chartered Accountants\ Mark Forster CFO - Ambassador Howard Jeter, Independent Director - a distinguished 27 year career in the US foreign service. Served as US Ambassador to Nigeria from BA with honors from Morehouse and MA in International Studies from Columbia University and African Studies from UCLA. Cyril A Odu, Independent Director - 39 years with Exxon Mobil. Vice chairman of the Board of Mobil Producing Nigeria. Currently head of Africa Capital Alliance, a Lagos based investment bank. BSc in Geology from Ibadan University and an MBA from Texas Southern University. James Ladner, Independent Director - a Zurich based professional Company Director and financial Consultant. He is a graduate of the University of St. Gallen, Switzerland, in economics and business administration. Has served on the boards of Bank Austria Creditanstalt (Switzerland) and the Royal Bank of Scotland. 4

5 Oracle personnel have a history of successful technology application and project management Ubit Field Redevelopment - Nigeria Jubilee Field Ghana Accelerated upside realized through application of: Horizontal wells Detailed reservoir modelling Modified sand control New Drilling fluids and operational approach Oil Production and water injectivity constraints removed Correct diagnosis and application of technology solved wellbore problem Production and injectivity significantly increased Eliminated need for much more expensive solutions Zafiro / Jade complex Equatorial Guinea Deep water greenfield development No local infrastructure Discovery to production in 18 months 80 tbd in another year 200 tbd in 5 years recently, 1 billion barrels produced Applied technical and project management expertise 5