asx:wrm “a diversified exploration company now on the pathway …€¦ · the presentation (in...

ldquoA diversified exploration company now on the pathway to productionrdquo

March 2017

ASXWRM

White Rock Minerals Ltd ASXWRM March 2017 2

Disclaimer The presentation (in this projected form and as verbally presented) (ldquoPresentationrdquo) has been prepared by White Rock Minerals Limited and is provided on the basis that none of the Company nor its respective officers shareholders related bodies corporate partners affiliates employees representatives and advisers make any representation or warranty (express or implied) as to the accuracy reliability relevance or completeness of the material contained in the Presentation and nothing contained in the Presentation is or may be relied upon as a promise representation or warranty whether as to the past or the future The Company hereby excludes all warranties that can be excluded by law

The Presentation contains prospective financial material which is predictive in nature and may be affected by inaccurate assumptions or by known or unknown risks and uncertainties and may differ materially from results ultimately achieved

The Presentation contains ldquoforward-looking statementsrdquo All statements other than those of historical facts included in the Presentation are forward-looking statements Where the Company expresses or implies an expectation or belief as to future events or results such expectation or belief is expressed in good faith and believed to have a reasonable basis However forward-looking statements are subject to risks uncertainties and other factors which could cause actual results to differ materially from future results expressed projected or implied by such forward-looking statements Such risks include but are not limited to gold and other metals price volatility currency fluctuations increased production costs and variances in ore grade or recovery rates from those assumed in mining plans as well as political and operational risks and governmental regulation and judicial outcomes The Company does not undertake any obligation to release publicly any revisions to any ldquoforward-looking statementrdquo

The Presentation contains general background information about the Company and its activities current as at the date of this presentation The information in this Presentation is in summary form only and does not contain all the information necessary to fully evaluate any transaction or investment It should be read in conjunction with the Companyrsquos other periodic and continuous disclosure announcements lodged with the ASX which are available at wwwasxcomau and other publicly available information on the Companyrsquos website at wwwwhiterockmineralscomau

The information in this presentation that relates to Exploration Results is based on information compiled by Mr Rohan Worland who is a Member of the Australian Institute of Geoscientists Mr Worland is engaged by White Rock Minerals Ltd as a technical consultant Mr Worland has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the lsquoAustralasian Code for Reporting of Exploration Results Mineral Resources and Ore Reservesrsquo The Exploration Potential described in this Presentation is conceptual in nature and there is insufficient information to establish whether further exploration will result in the determination of a Mineral Resource Mr Worland consents to the inclusion in this Presentation of the matters based on his information in the form and context in which it appears

The gold and silver Resource figures for Strauss Kylo Lady Hampden Silver King White Rock White Rock North and Red Rock have been taken from resource estimates prepared by Ravensgate Minerals Industry Consultants on behalf of White Rock Minerals Ltd and authored by Mr Don Maclean who is a professional geologist with more than 10 yearsrsquo experience in resource estimation Mr Maclean is a Competent Person as defined by the JORC Code and consents to the inclusion in this Presentation of references to this resource estimate in the form and context in which they appear

The gold and silver Resource figures for Guy Bell have been taken from the resource estimate report dated 1 October 2008 prepared by Mining One Pty Ltd on behalf of Rex Minerals Ltd and authored by Dr Chris Gee who is a professional geologist with more than 10 yearsrsquo experience in resource estimation Dr Gee is a Competent Person as defined by the JORC Code and consents to the inclusion in this Presentation of references to this resource estimate in the form and context in which they appear

The Resources figures have not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported

The pit optimisation study used a Mineral Resource made up of a combination of Indicated and Inferred Resource blocks There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised

We have estimated the resources reported in this Presentation in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves 2004 Edition (JORC Code) which governs such disclosure by companies listed on the Australian Securities Exchange

White Rock Minerals Ltd ASXWRM March 2017

1Overview of White Rock Minerals

2The Opportunity

3The Right Commodities

4The Investment Motivation

5White Rock Assets

Mount Carrington New South Wales

Red Mountain Alaska

Appendices

3

Why invest in White Rock


Capital Structure ASX Code WRM Fully paid shares on issue 8707M

- Options unlisted 1774M Share price range (12 months) 1c ndash 3c Market Cap ( ~15cshare) $130M Cash on hand (Dec 2016) $38M Debt $Nil

Top 20 Shareholders (as at end February 2017) bull Avalon Ventures 91 bull CRH 88 bull Citicorp Noms 79 bull Suetone PL 50 Top 20 552

PROJECTS Mt Carrington Gold and Silver

JORC Resource on an ML and with an advanced Scoping Study

Red Mountain Zinc and Silver Advanced exploration

White Rock Minerals ndash who we are

4


Brian Phillips Non Executive Chairman AWASM (Mining) FAusIMM C Eng

Mining Engineer 45 years operational and corporate experience Founding Director Chairman ndash Panoramic Resources Ltd (Ni-Au-PGM)

Peter Lester Non-Executive Director BE (Mining) MAusIMM MAICD

Mining Engineer 40 years operational and corporate experience Director since April 2013 Non-Exec Director of Nord Gold NV (Au) Non-Exec Director of Millennium Minerals Ltd (Au) Chairman Kidman Resources (Au amp Li)

Ian Smith Non-Executive Director BE (Hons Mining) BF in Admin FIEAust FAusIMM

Mining Engineer 40 years technical operational financial and strategic expertise Joined the Board in 2017

Matt Gill MD amp CEO BEng (Hons Mining) MEngSc FAusIMM GAICD

Mining Engineer 35 years operational technical project development and corporate experience as a GM COO CEO and MD in Australia and overseas (PNG India Bolivia Ghana and Myanmar) Non-Exec Director of Mantle Mining Corp (Au)

5

White Rock Board


Great Project Locations

6

Mount Carrington New South Wales Gold and Silver development asset JORC resources 338000 ounces of gold and 234 million ounces silver Definitive Feasibility Study step commenced Projected free cash flow expected to be gt$100M 230km south of Brisbane Extensive mining infrastructure in place Drill-ready exploration targets identified to expand and or extend mine life

Red Mountain Alaska (Atlas Resources) Polymetallic VMS deposit (Zinc-Silver-Lead-Gold-Copper) 100km south of Fairbanks close to extensive mining infrastructure Mining friendly jurisdiction Significant potential exploration upside in a highly prospective yet under-

explored district Outstanding grades from near surface Significant potential to expand the zinc-silver VMS camp size

The Mt Carrington project hosts JORC estimates of Inferred and Indicated resources ndash refer cautionary statement on slide 2

Refer to WRM release to the ASX of 20 October 2016 - Initial Mining review demonstrates significant upside potential at Mt Carrington The material assumptions relating to the scoping study at Mt Carrington provided in Annexure A of the ASX Announcement dated 20 October 2016 continue to apply and have not materially changed


Whi

te R

ock

Note- White Rock JORC Resource is 338000 ozs gold and 234m ozs silver Gold Equivalent calculated using a SilverGold ratio of 70

Source- March 2017 With White Rock superimposed

Under-valued Relative to our Peers


ldquoIt Might Be Time to Grab the Commodities Bull by the Hornsrdquo

January 25 2017 Frank Holmes US Global Investors


Gold Silver and Zinc ndash Leverage to rising markets


White Rock has exposure to a suite of well performing commodities- Gold Silver Zinc


Great exposure to Gold and Silver

10

GOLD The 2016 Scoping Study1 used A$1600oz Every A$100oz movement = another A$10M in free cash flow over the initial 7-Year Life of Mine

SILVER The 2016 Scoping Study1 used A$22oz Every A$1oz movement = another A$6M in free cash flow over the initial 7-year Life of Mine

1 Refer to WRM release to the ASX of 20 October 2016 - Initial Mining review demonstrates significant upside potential at Mt Carrington The material assumptions relating to the scoping study at Mt Carrington provided in Annexure A of the ASX Announcement dated 20 October 2016 continue to apply and have not materially changed


Investment Motivation

Opportunity to be a part of a growing gold amp silver company

Significant value uplift potential ndash excellent exposure to the strong Australian gold price with upside to silver and zinc

Geological geographical and commodity diversification for investors

Near term cash flow from Mt Carrington is expected to fund mine expansion and mine life extensional drilling at Mt Carrington and high impact exploration at Red Mountain

Well credentialed and highly regarded management team and board

First 3 years of gold production from two pits at Mt Carrington already pre-stripped

Red Mountain has the potential to yield discoveries with high grade zinc and silver VMS intersections with unrealised gold discovery potential

Exploration campaigns and advancing the DFS should generate high levels of news flow

11


Gold and Silver development asset with a definitive feasibility study (DFS) commenced

12


Low capex (~A$35M inc DFS amp EIS) Initial 7-year Mine Life 10 month payback ~A$100M free cash flow expected to be generated



White Rock today White Rock Minerals cornerstone asset ndash Mt Carrington

100 owned gold and silver DFS-ready project Located in northern NSW Australia

JORC Resources of 338000 ounces of gold and 234M ounces of silver All deposits commence at surface Multiple shallow targets on Mining Leases Potential for high grade gold-silver at depth

and copper porphyry mineralisation


13


Mt Carrington Site Layout

14

Lismore 100km gt lt Tenterfield 50km

Key Infrastructure in place to support future mining Valued at ~A$20M Reduces development risk timeframe and capital cost Granted Mining Leases

15Mt Tailings Dam

750ML Freshwater Dam

Site Office

RO Water treatment plant

Access to State grid power


Mt Carrington Mine Plan

Strategy based on a 2-stage open pit mining scenario ndash gold first then silver bull The 2016 Updated Scoping Study Mine Plan-

bull Stage 1- Mining the higher confidence gold resources - Strauss and Kylo deposits (in-pit Resources 67 Indicated 33 Inferred)

bull These first two production sources already pre-stripped

bull Stage 2- Mining the silver-rich resources - Lady Hampden White Rock and Silver King deposits (in-pit Resources 69 Indicated 31 Inferred)

Stage 1 (first 35 years) gold-only development has a number of low risk advantages including

bull Lower Capex bull Simple flowsheet and salable product (gold dore) bull Faster timeline to production

Strauss ndash Global Resource 25Mt 14gt Au (113k oz Au)

Refer to Mineral Resources table on page 30 of this presentation for full Resource figures Refer to WRM release to the ASX of 16 September 2014 ndash 2014 Scoping Study



A review of mining1 has advanced the initial design of the mine pits site layout waste dumps and mine scheduling

A key element of the current Feasibility Study is to investigate a range of parameters to maximise the economic returns from the Project-

Plant throughputs between 800000 to 1200000 tonnes per annum Reduced mining and processing costs as a result of this increased

throughput An increased gold equivalent2 production profile up to and

exceeding 40000oz per annum initially Whilst still retaining an initial 6 to 7 year mine life

1 Refer to WRM release to the ASX of 20 October 2016 - Initial Mining review demonstrates significant upside potential at Mt Carrington

2 Gold equivalent production target calculations use the assumptions (gold price silver price and metal recoveries) provided in Annexure A of the 20 October 2016 ASX Release The price assumptions are A$1600oz for gold and A$22oz for silver The formula for gold equivalent calculations is gold produced plus silver produced times 22 divided by 1600 (the A$ price assumptions for silver and gold respectively) White Rock considers that both gold and silver have reasonable potential to be recovered and sold

300 metres


Mt Carrington Processing Plant

Refer to WRM release to the ASX of 29 March 2016 - White Rockrsquos Mt Carrington Updated Scoping Study Delivers Justification For Feasibility Study

ROM Pad Primary Crusher

Coarse Ore Stockpile

CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop

bull Preliminary flow sheet considers a standard crushing amp grinding circuit a flotation step and then CIL

bull The 3-D Plant model considers using the existing cleared old plant site and existing foundations also

bull One simple flotation ndash CIL plant suitable for gold silver and potentially copper

This provides for significant design and construction capital cost savings


Project Overview- Mt Carrington

18

Advanced scoping study updated March 2016- JORC Inferred and Indicated Resources An 18 to 24 month DFS and Permitting period

followed by a one year construction period Approved Mining Licence Compelling Financial metrics-

Low CAPEX entry cost (A$242M) A$100M in free cash expected to be

generated to fund possible mine expansions and broader exploration

Simple open pit and processing operation focused initially on gold production to provide a low risk quick route to positive cash flow

Parameter 2016 Study Update Summary

Proposed development Two gold dominant pits and three silver dominant pits

Production ndash Gold Ounces 111000 Production ndash Silver Ounces 6700000 Life of Mine (years) 70 A$ Gold price A$ Silver price

A$1600 oz A$22 oz

Pre-tax Net Present Value (NPV10) A$606M

Free cash flow (undiscounted) A$1002M

Internal Rate of Return (IRR) 103

C1 Cash Cost (A$Oz Gold Eq) A$754oz C1 Cash Cost (A$Oz Silver Eq) A$1040oz Initial Capital payback 10 months Capital Cost A$242M



Significant Potential for upside

19

1 Mine Plan amp Pit Geotech optimisation

2 Second hand plant ndash time and cost savings potential

3 Concentration ratio improvements

4 Flow sheet recovery optimisation

5 Resource drilling to expand and or extend mine life


Proposed Funding for Construction

20

Long-term Strategic Partner New-York based Cartesian Royalty Holdings (ldquoCRHrdquo)

Gold streaming financing Term Sheet contemplated to move the Mt Carrington project directly into construction commissioning and commercial production subject to a successful Definitive Feasibility Study (DFS) and the necessary approvals

Phase 1- Equity investment of A$1000000 in two equal tranches to fund working capital and to contribute funding to progress its DFS and Environmental Impact Statement (EIS) activities) and

Phase 2- a future streaming financing of US$19 million over a 12 month period in return for a share of gold and silver production to fund working capital and construction and commissioning of the Mt Carrington Project

Supporting White Rock to achieve its strategic goal of becoming a successful gold and silver producer

Binding and Conditional The Transactions contemplated by the Term Sheet are subject to various conditions including the completion of due diligence to the satisfaction of CRH certain White Rock shareholder approvals and the entry into definitive documentation for Phase 2 (streaming financing) as set out in more detail in the ASX announcement of 27 June 2016 Tranches One and Two completed


Project Metrics including the CRH Financing

21

CRH Streaming Financing Cost- a minimum of 40000 ounces of gold equivalent over a 7-year period (at a minimum of 20 of its annual production) The Financial Metrics in the Scoping Study as a result of this financing are- Mt Carrington expected to still generate A$54M in free cash flow over its initial 7-year mine life

with a project NPV10 of A$374M At previous 2016 spot prices (A$1750oz Au and A$25oz Ag)-

free cash flow is ~A$81M (up 50) with a project NPV10 of A$539M (up 44) White Rock maintains 100 ownership of the asset White Rock can advance its exciting zinc-silver VMS Project in Alaska The proposed gold streaming financing arrangement is non-dilutive to shareholders White Rock gains a cornerstone strategic partner for the 9+ year journey WRM joins a stable of other gold investments made by CRH ndash ASX listed Orinoco TSX-V listed K92 Mining TSX-V listed Equitas Resources and TSX-V Sage Gold Inc


Red Mountain Alaska

Advanced Zinc-Silver-Lead-Gold VMS Exploration Project


Red Mountain Project

Red Mountain Alaska polymetallic VMS deposit ndash advanced exploration asset with

significant potential exploration upside Located in central Alaska 100km south of Fairbanks in the

Bonnifield Mining District Acquired from Atlas Resources - White Rock has expanded the

tenement package to comprise 224 mining claims over a total area of 143kmsup2

Contains polymetallic VMS mineralisation rich in zinc silver and lead with previous exploration defining mineralisation at the two main prospects (Dry Creek and West Tundra Flats)

No exploration since 1999 Project held privately for the last decade

Red Mountain

Red Mountain Location

Alaska

Refer to WRM release to the ASX of 15 February 2016 - White Rock Minerals Propose to Acquire VMS Project in Alaska

23


Polymetallic VMS project ndash zinc and silver rich Discovered in 1975 ndash sulphide outcrop Historic exploration from 1975-1999 Two deposits discovered

Discovery Fosters (Red Mountain) West Tundra Flats (WTF)

Mineralisation from surface Good preliminary metallurgical test work results with

recoveries gt90 zinc gt70 lead gt80 gold gt70 Ag 143kmsup2 land position established ndash highly prospective

Historic Work ndash Resource Potential

24

Dry Creek 46m 235 Zn 531gt Ag 85 Pb 15gt Au amp 10 Cu from 61m

55m 259 Zn 346gt Ag 117 Pb 25gt Au amp 09 Cu from 695m


West Tundra Flats




1st JORC 2012 Resource Estimate currently being done


Priority Conductivity Targets

25

Conductivity targets prioritised by geochemistry bull Geochemical alteration proximal to VMS mineralisation bull Direct base metal and precious metal anomalies

Existing deposits

Identified 30 targets


Indicative Activity Timeline

26

2017 2018 2019 2020

Stage 2 ndash Silver

Stage 1 - Gold Feasibility Study 12 months Production

Construction amp Commissioning

12 months

Gold amp Silver LoM Extension

Red Mountain Exploration

Life-of-Mine Extensional and

Exploration Drilling

Phase 2 Field Studies ndash geochem geophysics

3 years after Gold Production

Phase 3 Target identification amp Drilling

Phase 1 Data collation and

JORC Resource

EIS Studies amp Permitting 18 to 24 months


Low cost gold silver start-up opportunity DFS commenced for its cornerstone Mt Carrington Project-

Robust initial 7-year operation Low capital cost (ltA$30M) with ~A$20M in infrastructure already in place Less than one year payback Shallow low strip ratio mineralisation C1 cash costltA$800oz AuEq NPV10 of ~A$60M an IRR of 103 and free cash of ~A$100M expected (pre financing)

Key terms for a conditional fully funded construction financing package agreed Experienced Board and Management Geological geographical and commodity diversification for investors Significant potential for resource expansions and new discoveries Exciting high-grade zinc and silver VMS potential in Alaska

LOOKING AHEAD

27



Appendices bull Mt Carrington Exploration Upside bull Mt Carrington Resource Statement bull Red Mountain Back-up Information


Mt Carrington ndash Exploration upside

29

Over 180km2 of tenements highly prospective for epithermal and intrusion-related gold silver and copper mineralisation Priority Near-Mine Targets 1 Mining Leases Potential Resource Additions

Multiple shallow targets Historic drill intercepts for follow-up High grade underground potential poorly tested

2 Exploration Licences Silver-Gold-Copper Targets

Pipeline of prospects Drill ready targets based on

bull Mapping bull Geochemcial anomalies bull Geophysical IPresistivity anomalies

3 Porphyry Potential Zoned Copper-Gold-Silver Robust intrusion related copper model at Mt Carrington Strong secondary copper in shallow drilling Large open geophysical IP anomalies with confirmed alteration

source Under-drilled Similar zoned Copper-Gold-Silver systems recognised at White

Rock and Red Rock


Resources reported in accordance with the JORC (2004) code

MT CARRINGTON JORC (2004) MINERAL RESOURCES ndash JANUARY 2015 Silver Dominant Resources

Resource Category Deposit Tonnes Gold grade (gt) Gold ounces Silver grade

(gt) Silver

ounces

Indicated Lady Hampden 1840000 06 37000 69 4056000

White Rock 1710000 - - 77 4214000 Sub-Total 3550000 03 37000 72 8270000

Inferred

Lady Hampden 2470000 03 27000 51 4023000 White Rock 2660000 - - 47 3978000

White Rock North 3180000 - - 52 5314000 Silver King 640000 - - 59 1218000 Sub-Total 8950000 01 27000 51 14533000

Total


White Rock North 3180000 - - 52 5314000 Silver King 640000 - - 59 1218000

Total 12500000 02 64000 57 22803000 Gold Dominant Resources


(gt) Silver ounces

Indicated Strauss 1240000 14 57000 38 153000

Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Total 6640000 13 275000 30 639000 Total Resources

Category Tonnes Gold ounces Silver ounces Indicated 6380000 153000 8556000 Inferred 12760000 185000 14886000

Total 19140000 338000 23442000

Mount Carrington Resource Statement

The Resources figures are currently being updated to comply with the JORC Code 2012 as a part of the Definitive Feasibility Study currently underway


Alaska is an exploration and mining friendly state bull Well developed history of gold and base metal mining bull Stable and attractive tax regime bull Efficient permitting

Central Alaska location ~100km to the south of Fairbanks

Good location with respect to infrastructure and logistics

bull Major road and rail access located 80km to the west bull Connection to port of Anchorage (400km south) bull Access from Fairbanks via helicopter or fixed wing aircraft bull Access to fresh water bull No community or environmental legacy issues bull Established mining hub at Fairbanks services mines

including Pogo Fort Knox and Usibelli

Project Overview- Red Mountain Alaska

32km State Claims

Alaska

Pogo Gold Mine

Red Mountain ndash Project Location

31


Red Mountain Geology and Mineralisation Red Mountain ndash Regional Geology

World class deposits with similar siliciclastic felsic associations to the Bonnifield district include- Rio Tinto (Cu-Zn-Pb-Au-Ag Spain) Brunswick 12 (Zn-Pb-Ag Canada) and Eskay Creek (Au-Ag-Zn-Pb Canada)

Analysis of worldwide VMS deposits of this type indicate

promising exploration potential for Red Mountain- The deposits nearly always occur in clusters The presence and spatial relationships of the two

separate deposits at Red Mountain may prove to be a significant exploration vector for discovery of further deposits

32

White Rock Minerals has engaged world-renowned VMS expert Dr Jim Franklin to assist with assessing the prospectivity of the district and targeting additional mineralisation


HOLE ID From (m)

To (m)

Interval (m) Zn Pb Cu Ag gt Au gt

DC76-02 386 503 116 529 216 022 112 NA DC97-01 411 524 113 760 318 026 115 099 including 411 428 17 2001 852 062 266 147 DC97-04 625 750 125 1251 552 071 160 114 including 695 750 55 2589 1172 088 346 246 DC97-14 570 753 183 139 023 208 15 024 including 591 634 43 006 004 675 15 004 DC97-30 177 209 32 919 472 041 226 116 DC97-31 290 314 24 1272 645 035 1061 382 DC97-32 279 339 61 1443 683 036 137 061 including 303 334 31 2008 952 052 169 078 DC97-33 391 462 71 1512 681 030 334 086 DC98-38 590 680 90 540 243 015 269 100 including 615 638 23 1324 582 030 581 307 DC98-39 776 988 212 699 320 019 57 038 including 776 890 114 1038 478 028 56 051 with 776 826 50 1774 780 045 64 045 DC98-40 61 422 361 624 256 022 183 103 Including 61 107 46 2354 845 102 531 153 including 213 245 31 1465 665 025 211 053 DC98-60 176 865 689 402 188 010 58 036 including 538 588 49 1017 496 028 86 039 WTF82-05 1043 1061 17 1140 597 015 374 171 WTF82-08 1609 1640 30 728 427 017 796 112 WTF83-17 586 599 13 2092 917 056 796 1022

Gold and silver intercepts indicate

significant by-product potential

Multiple shallow intercepts indicate

potential for stacked high-grade lodes

Drilling at Discovery and Fosters Zones

ceased in 1999

Historic Drilling

33

Drilling at West Tundra Flats ceased

in 1983


Regional Geochemical Targets

Geochemical target areas defined by modern vector analysis completed by Dr Jim Franklin Each target area shows alteration that indicates proximal VMS mineralisation

34


Regional Conductors

Conductivity anomalies analogous to the Dry Creek and WTF deposits have been defined by Condor Geophysics using the State of Alaska DIGHEM survey from 2007

35


Exploration Upside

Red Mountain ndash WTF Schematic Cross Section

Red Mountain Claim Coverage Historic data has been compiled in 3D and integrated with more recent airborne

EM amp magnetics flown by the Alaskan Geological Survey in 2007 to define a suite of high priority targets

Blue sky upside for significant new discoveries exist Immediately along strike east and west Down dip as additional high grade lenses The syncline between Red Mountain and WTF presents the obvious large

tonnage target with potential for structural upgrade in the hinge Analysis of the Red Mountain and WTF deposits in the context of similar VMS

districts worldwide indicate VMS deposits typically occur in clusters (ldquoVMS campsrdquo) at regular spacing

Deposit sizes within camps follow a log normal distribution Modern exploration has not been applied

The massive sulphides occur as stacked lenses with additional potential in the hangingwall and footwall that remains untested

There is potential for a significantly enriched gold zone in the hangingwall of the deposit which may have been missed by previous explorers

Historic drilling shows increasing grade with depth that remains untested

36


Agreement with Metallogeny

The key terms of the Red Mountain Project at

acquisition in 2016 were as follows US$1225m expenditure commitment

over 4 years US$10m in cash payments over 5 years Share payments 1 million shares Metallogeny retain a right to 10 of the

proceeds on any sale of the claims prior to commercial production 2 NSR with the option to acquire 1

(ie 50 of NSR) for US$2m

Original Claims

37

CORPORATE PRESENTATION March 2017

Forward Looking Statement

This presentation has been prepared by Aurelia Metals Limited (ldquoAMIrdquo or the ldquoCompanyrdquo) It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation It is not to be distributed to third parties without the consent of AMI This presentation contains forward-looking statements and projected drilling schedules that are not based on historical fact including those identified by the use of forward-looking terminology containing such words as ldquobelievesrdquo ldquomayrdquo ldquowillrdquo ldquoestimatesrdquo ldquocontinuerdquo ldquoanticipatesrdquo ldquointendsrdquo ldquoexpectsrdquo ldquoshouldrdquo ldquoschedulerdquo ldquoprogramrdquo ldquopotentialrdquo or the negatives thereof and words of similar import Management of AMI cautions that these forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements Management believes that the estimates are reasonable but should not unduly be relied upon AMI makes no representation warranty (express or implied) or assurance as to the completeness or accuracy of these projections and accordingly expresses no opinion or any other form of assurance regarding them Management does not intend to publish updates or revisions of any forward-looking statements included in this document to reflect Aureliarsquos circumstances after the date hereof or to reflect subsequent market analysis By its very nature exploration for gold and copper is a high risk business and is not suitable for certain investors AMI securities are speculative Potential investors should consult their stockbroker or financial advisor There are a number of risks both specific to AMI and of a general nature which may affect the future operating and financial performance of AMI and the value of an investment in AMI including and not limited to economic conditions stock market fluctuations gold copper and silver price movements regional infrastructure constrains securing drilling rigs timing of approvals from relevant authorities regulatory risks operational risks reliance on key personnel and foreign currency fluctuations You should not act or refrain from acting in reliance on this presentation material This overview of AMI does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Companyrsquos prospects You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information statements and opinions contained in this presentation before making any investment decision 2

Corporate Information

3

ASX Code AMI Market Cap $99M (at 23cshare)

Issued Capital 431M Shares 10M options at 125c with Pacific Road 65M Perf Rghts

Net debt $94M 31 Dec 16 ($107M 30 June 16) Cash $21M (Dec 16) Debt $115M (Dec 16)

Key shareholders PacRoad 336 Glencore 67 Yunnan Tin TDK 71 YTC Holdings 28

BoardManagement Board amp Senior Management Renewal

Non-Exec Chairman Colin Johnstone (appointed Nov 16) MD amp CEO James Simpson (appointed Aug 16)

Non-Exec Directors Gary Comb Paul Espie Michael Menzies Rune Symann

CFO amp CoSec Hera GM

Timothy Churcher Scott Ramsay (appointed May 16)

Key Assets ndash Gold lead zinc silver amp copper

4

Hera Mine (100) Gold lead zinc silver production Central NSW

Commercial Production Started April 15 (2 years into mine life)

Gold 47000 oz production in FY16

Lead 7600 t production in FY16

Zinc 7200 t production in FY16

Nymagee Project (95) Copper lead zinc opportunity Central NSW ndash 5 km north of Hera

Inferred amp Indicated Resource (as disclosed in 2016 Annual Report)

Large and low grade 81Mt at 12 Cu1 Pb+Zn 9 gt Ag

Potential for smaller discrete higher grade copper and leadzinc zones

Scoping study underway to assess

Key Assets ndash History

5

Hera Mine (100) Gold lead zinc production Central NSW

Commissioning Started Aug 2014 (8 month duration)

Production Commerical production declared 1 April 2015

Key Lessons Project start-up and finance issues

Capital Structure - Inappropriate capital structure (single asset 100 debt funded)

- Insufficient working capital (to cope with timing of commissioning and receivables)

People - Skill set required to move from junior explorer to producer

- Skill set required to operate a complex multi-metal processing facility

6

Key Assets ndash Located in the productive Cobar Region

Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW

Endeavour ZnPbAg (Toho)

CSA Cu (Glencore)

Peak AuCu (New Gold)

Mallee bull CuPbZn project (PeelCBH)

Wonawinta Ag

First half FY17 ndash Highlights

7

bull Strong H1 FY17 Result

bull Profit cash flow amp debt reduction

bull Improved operations bull Ore processed up 22 on pcp bull Gold recovery to 866 bull Gold production up 22 on pcp

bull Strong cash build bull Cash build to $21M after

voluntary $10M debt repayment bull 21 reduction in net debt

relative to pcp - $119M to $94M ldquopcprdquo Prior Corresponding Period

Key Focus ndash Deliver strong operating performance

8 Gravity gold recovery increased from 42 to 62 over the same period

Key Focus ndash Deliver lower operating costs

9

Key Focus ndash Deliver low all-in cost

10

A$oz

Source Curran amp Co

bull Competitive Cost profile

Dec 16 Qtr Gold production of 13427 oz at an AISC of A$821oz (US$592oz)

AMIrsquos AISC vs ASX Peers ndash Dec Qrsquo16 Actuals

Key Focus ndash Deliver strong cash margin

11

bull Strong cash flow generation from high-margin operation

Key Focus ndash Deliver consistent production

12 2016 Calendar year gold production of 50899 oz

13

bull Debt reduction to provide optionality leading up to 31 Mar 18

bull Option to convert up to $755M of $115M debt just prior to 31 March 18 bull Options to repayrefinance or allow existing debt (covenant light) to run its course

Key Focus ndash Deliver reduced net debt

Gearing at 31 Dec 16 was 64 (share price 135c) Using current market cap (share price 23c) Gearing has reduced to 49 (Gearing defined as net debt(net debt+mkt value of equity)

Key Focus ndash Deliver growth in mine life

14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes

As built mine development

Planned mine development

Target Zone

500 m below surface

HRUD410

23m at 108 Pb+Zn 26gt Au 63gt Ag

400L

450L

500L

550L

600L

50 metres High Grade Open at Depth

High Grade Open Up-dip

NORTH POD LONG SECTION

New Drilling Results

Existing Drill Hole Mineralised Trend

NovDec16 results

High Grade PbZnAg High Grade Gold

Mine Long Section

North Pod

450L

500L

550L

NORTH

HRUD374 7m at 527 Pb+Zn

47gt Au 203gt Ag

HRUD370

7m at 881gt Au 43 Pb+Zn 47gt Ag

HRUD409 21m at 117gt Au

52 Pb+Zn 32gt Ag

Key Focus ndash Deliver growth in mine life (North Pod)


25 Pb+Zn 14gt Ag

Hera Mine Plan Showing Drill Traces and Main Mineralised Lodes

N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16


Structural Repetition

bull Potential for northern extensions of Hera lode system

bull Utilise downhole geochem and geophysics as tools to vector to mineralisation

17

Key Focus ndash Deliver growth in mine life (Nymagee)

Nymagee Copper Project

Hera Mine

Nymagee CuPbZn

bull Historic mine and current resource located 5km north of Hera Mine

bull Ability to leverage off Hera mine infrastructure

N 5 km

Lease boundary

18


Nymagee CuPbZn

bull Current large (8Mt) relative low grade resource down to 500 m below surface

bull Cu grade 12 bull Pb+Zn grade 1

bull Scoping Study underway to understand potential to selectively mine higher grade copper and leadzinc zones

bull Multiple exploration targets exist

Nymagee Long Section

300 m below surface

500 m below surface

700 m below surface

Current Resource Shell

Detail on the Nymagee Resource can be found in the Companyrsquos 2016 Annual Report

Key Focus ndash Deliver growth in mine life (Mine Trend)

Mine Corridor

bull Hera-Nymagee corridor remains highly prospective

bull The Hera amp Nymagee deposits are both marked by prominent gravity highs

bull Several gravity targets have been defined along 20km of strike

bull Potential for Hera-Nymagee corridor to evolve into Cobar field equivalent

20

Key Focus ndash Deliver Shareholder Returns

Conclusion

21

Strategy to Deliver Generate cash Continuously improve operational performance

- Continuous improvement in recovery and throughput - Minimise unit costs - Optimise mine plan (north pod high grade)

Reduce net debt Reduce gearing reduce financial risk

- build optionality leading up to first scheduled debt repayments (Mar-18)

Deliver growth Expansion of base metals capacity North Pod exploration amp strike extensions Scoping Study on copper development opportunity at Nymagee

2

The information in this presentation

bull Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are

currently held

bull Does not take into account the individual investment objectives or the financial situation of investors

bull Was prepared with due care and attention and is current at the date of the presentation

Actual results may materially vary from any forecasts (where applicable) in this presentation

Before making or varying any investment in shares of Cooper Energy Limited all investors should consider the appropriateness of that

investment in light of their individual investment objectives and financial situation and should seek their own independent professional advice

Qualified petroleum reserves and resources evaluator

This report contains information on petroleum reserves and resources which is based on and fairly represents information and supporting

documentation reviewed by Mr Andrew Thomas who is a full time employee of Cooper Energy Limited holding the position of Exploration

Manager holds a Bachelor of Science (Hons) is a member of the American Association of Petroleum Geologists and the Society of Petroleum

Engineers and is qualified in accordance with ASX listing rule 541 and has consented to the inclusion of this information in the form and context

in which it appears

Rounding

All numbers in this presentation have been rounded As a result some total figures may differ insignificantly from totals obtained from arithmetic

addition of the rounded numbers presented

Reserves and resources calculation

Information on the companyrsquos reserves and resources and their calculation are provided in the appendices to this presentation

Currency

All financial information is expressed in Australian dollars unless otherwise specified

3

Cooper Energy develops and supplies gas to south-east Australia and produces oil from the

western flank of the Cooper Basin

The companyrsquos portfolio features existing gas production 227 PJ of uncontracted gas

and two new gas projects to supply south-east Australia from 2019 onwards backed by long term

contracts with blue chip utility and industrial customers

Existing assets and plans have the company on a 6 year growth trajectory with capacity for

production growth over 20 times FY16 levels

4

Cooper Basin oil

PEL 495

bull Oil production from western flank of Cooper Basin

bull Single gas exploration permit in Otway Basin

bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin

bull Builds acreage and technical capability

through merger with Somerton Energy

bull Sub-surface studies reinforce view of

prospectivity

Market

bull Demand and supply-side gas market analysis

bull Commenced engagement with gas buyers

Gippsland Basin

bull Invested in Bass Strait Oil Company which

holds Gippsland permits

bull Technical studies of prospectivity and gas

plays

6

Otway Basin

bull Drilling identifies gas bearing

reservoirs in deep sands Gippsland Basin

bull Acquires 65 interest in Basker Manta Gummy

permits

bull Commenced Manta business case analysis for

supply to south-east Australia

7

Otway Basin

bull Builds understanding of Otway

sub-surface

bull Confirms attraction of offshore

Otway

Gippsland Basin

bull Acquires 50 of Sole gas field

bull Acquires 50 of Orbost Gas Plant

bull Manta business case affirms economic

development opportunity

8

Gippsland Basinbull Sole gas field interest 100

bull Sole gas project FEED completed

bull Orbost Gas Plant 100

bull Manta gas field 100

Otway Basin

bull Acquires Casino Henry Vic P44

Minerva and Minerva Gas Plant

Market

bull O-I Australia gas contract

bull AGL gas contract

bull EnergyAustralia gas

contract

bull Alinta Energy gas

contract

9

Gas contracts

bull 188 PJ contracted from 2017 on

bull EnergyAustralia (Otway amp Sole)

bull AGL Energy (Sole)

bull Alinta Energy (Sole)

bull O-I Australia (Sole)

New gas projects

bull Phase 1 Sole from 2019

ndash Sanction Marchrsquo 17 for March lsquo19 first gas into plant

bull Phase 2 Manta

ndash appraisal well and resource upside

ndash from FY22

bull VIC P44 exploration prospects

Production

bull ~ 7 PJ pa from Casino Henry amp

Minerva1

bull Sold to EnergyAustralia

bull Uncontracted gas to market for

supply from March 18

bull Field life to 2026 (Casino Henry)Plant amp infrastructure

bull Orbost Gas Plant connected to

EGP (subject to APA HoA)

bull Minerva1 Gas Plant (10)

connected to SEA Gas pipeline

bull Patricia Baleen connected to

Orbost and Longtom

1Acquisition of 10 interest in Minerva and Minerva gas plant to be completed

Uncontracted gas

Total of 227 PJ uncontracted in

bull Otway

ndash 52 PJ 2P Casino Henry reserves from March 2018

bull Gippsland

ndash Sole 69 PJ 2C contingent resource uncontracted

ndash Manta 106 PJ 2C contingent resource plus

exploration potential

10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17

Contingent resources (2C)12

MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe

bull Addition of Otway gas production Jan to Jun 17

bull Gas accounts for 75 of anticipated FY17 production

bull Addition of 60 PJ of Otway Basin gas reserves

bull Gas accounts for 90 of 116 MMboe 2P reserves

bull Australian contingent resources 2C up 79

bull 128 PJ gas contingent resources (2C) added in Gippsland

116

416

744

1Australia only 2 Reserves and Contingent Resources at 1 January 2017 were announced to the ASX on 27 February 2017 and should be read in conjunction with the information provided on the calculation

of Reserves and Contingent Resources provided on page 29 Cooper Energy is not aware of any new information or data that materially affects the information provided in those releases and

all material assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply

11

Forecast 1 south-east Australian gas demand and production

PJ pa

South-east Australia comprises NSW VIC SA and Tasmania

SE Australia demandsup1

1 EnergyQuest Energy Quarterly March 2017

0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024

Cooper Energy gas production profilePJ pa

Manta(100)

Sole (100)

Casino

bull Casino Henry gas contracted to February 2018

bull Casino Henry gas available to contract from March 2018

bull COE may sell down some of Sole Gas Project and Manta post

Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036

Most certain supply tranche Less certain supply tranche

Least certain supply tranche Southern demand

12Source AEMO

13

1 Assumes

bull Sole sanction by March quarter 2017 for March quarter 2019 first Sole gas

to plant

bull Manta 3 appraisal well

bull Development well required for Casino Henry ~2020

bull Details on slide 26

3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10

FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29

Gas production1 from current assets contracted amp uncontractedPJ pa

Uncontracted

Contracted

227 PJ comprises 52 PJ 2P Casino Henry gas and 175 PJ 2C Contingent uncontracted gas from Sole and Manta Profile illustrated includes additional 10 PJ anticipated from Manta Cooper Energy announced Sole Contingent Resources on 27 February 2017 and Manta Contingent Resource 16 July 2015 Cooper Energy is not aware of any new information or data that materially affects the information provided in those releases and all material assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply See notes on page 29 for information on reserves and resources calculation

14

Resource economics

Health amp safety

Environment

CommunityFiscaldividend

SuccessfulSustainable

Value-generating resource

development

Balance not achieved people hurt project collapse uneconomic no community

benefit no fiscal dividend excessive energy

costs

Balance achieved safe environmentally

sound development

cost effective sustainable energy

community benefits

fiscal dividend

15

Casino Henry

bull Sustained growth profile over 6 years

bull Gas accounts for overwhelming majority of production

bull New assets and production profile generates

ndash FY17 production gt2x FY16 production



0

2

4

6

8

10

12

FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24

Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1

bull Current equities COE may divest some Gippsland post Sole sanction

bull Sole sanction by March quarter 2017 for March quarter 2019 Sole gas to plant



bull No new exploration success

16

Sole FID

bull Financial commitment to project

bull Triggers 43 MMboe uplift in gas reserves

bull Translation of HoA with APA to formal agreement

bull Expected shortly after project sanction

Uncontracted Otway gas

bull Contracting gas to supply from March 2018

bull Expect to secure new agreements in winter 2017 with market reflective price

Operator status

bull Working to appointment as Operator in Gippsland and Otway

bull Enables cost efficiencies and competitive advantage as asset owner and JV participant

Beyond June 2017

bull Cooper Basin assets

bull Divest slice of Gippsland Basin portfolio

bull Manta exploration

13116

~53

Jun-16 Jan-17 June -17Proforma

Uplift in 2P reservesMMboe

Australia only Assumes commitment of Sole gas project provides uplift of

~43 MMboe

1

2

3

4

17

1 Execution of our gas strategy has deliveredCooper Energy has become a supplier and developer of gas for south east Australia at a time of great market need

2 FY17 growth is the first step of larger and sustainable growthReserves and production upgrades in the current year are the initial instalment of a 6 year growth trajectory offering gt 20 times growth in

production from existing assets and equities

3 Integration proceeding management capabilities have been reinforced consistent with growthUpgraded people resources with the addition of proven performance orientated executives integration is proceeding to schedule

4 Sole project stronger and proceeding to final phase financingProject now offering lower risk lower capital cost increased gas and increased returns and value upside for Cooper Energy shareholders

5 Milestones aheadSix months to June 17 is expected to see a number of milestones for further uplift and value transformation

Appendices

20

Key figures

Shares on issue1 6601 mill

Shareholders1 5923

Market capitalisation1 $260 mill

Debt Nil

Current employees 23

Cooper Energy is an independent Australian exploration and

production company

bull Listed in 2002 history of profitable operations and successful

exploration and development

bull Strong balance sheet zero debt

bull Raised new equity capital of c$85 million during 2016

bull Management team and board experienced in growing resource

companies

bull Growth profile extending over 6 years from existing assets and

agreements

59

10

2

29

Share register

Institutional

Corporate

Employees amp Directors

Private

1 As at 20 March 2017

21

Oil exploration amp production

Cooper Basin Western Flank

240000 ndash 280000 1 bbl pa

Operating cost ltA$30bbl

High margin + exploration upside

Gas production amp sales Gas projects amp contracting

Otway Basin Casino Henry amp Minerva

Sales of ~7- 8 PJ pa to EnergyAustralia

Minerva1 gas plant

Production of 15 MMboe pa

Gippsland and Otway Basins

Sole Manta projects Otway uncontracted gas

gt400 PJ gas to be developed or uncontracted

Production uplift of up to 95 MMboe2 pa as

projects come online on top of existing output

1 Subject to completion of transaction2 Based on current equity participation levels

22

Phase 1 Sole

bull 2C Resource1 249 PJ

bull Sanction March 2017

bull Sole gas into plant March 2019

bull Output ~25 PJ pa

bull COE equity 100

Phase 2 Manta

bull 2C Resource1 106 PJ gas3 2 MMbbl liquids

bull Appraisal 2018-19

bull Sanction 2021

bull First gas ~2023

bull Output pa 25 PJ gas 039 MMbbl pa

bull Exploration Manta Deep amp Chimaera

bull COE equity 100

Orbost Gas Plant

bull Existing gas plant

bull Connected to Eastern Gas Pipeline

bull Plant owned amp operated by APA Group (proposed in HoA announced 27217

Longtom(Seven Group 100)

Patricia Baleen (COE 100)

Enabling customersUpstream and Midstream HoA

1 Cooper Energy announced Sole Contingent Resources on 27 February 2017 and Manta Contingent Resource 16 July 2015 Cooper Energy is not aware of any new information or data that materially affects the information provided in those releases and all material

assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply See notes on page 29 for information on reserves and resources calculation

33 km

58 km

65 km

23

Sole Gas Project (VIC L32 COE100 Operator )

bull 249 PJ 2C Contingent Resource1

bull 20 PJ pa contracted gas contracts with O-I Australia AGL Energy Alinta Energy

EnergyAustralia

bull Sanction expected by March 2017 for Sole gas into plant by March 2019

Manta (VIC RL131415 COE 100)

bull 106 PJ 2C Contingent Resource plus 3 million barrels liquids1

bull economic business case identified subject to appraisal

bull prospective resource upside to be tested amp appraisal well expected 2018

Patricia-Baleen (VICL21 COE 100)

bull Non-operating field shut in

bull Strategic significance as access point for Orbost Gas Plant for other fields

1 Reserves and Contingent Resources at 1 January 2017 were announced to the ASX on 27 February 2017 and an announcement on Manta Contingent Resource was announced on 16 July 2015 The resources information displayed should be read in conjunction with the information provided on the calculation of Reserves and Contingent Resources provided on page 29 Cooper Energy is not aware of any new information or data that materially affects the information provided in those releases and all material assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply

24

Key Assets

bull Casino Henry gas project (50)

bull Minerva gas field and plant (10 interest)1

bull VICP44 exploration permit

Production (COE share effective from 1 January 2017)

bull Casino Henry (VICRL11 amp 12) 7 PJ pa supplied to EnergyAustralia

under contract expiring March 2018

bull Minerva (VICL22)~ 1 PJ pa (expected to deplete by mid 2017)

Plans

bull Preparation for operatorship transfer likely June 2017

bull Marketing of uncontracted gas available for sale from March 2018

bull Casino Henry development well

1Acquisition of 10 interest in Minerva agreed with Santos Ltd is subject to completion

25

bull First half production of 013 MMbbl vs 017 in H1 FY16

bull Production impacted by suspension of drilling in low oil price FY16

bull Operating costs reduced from A$2992bbl to A$2928bbl

bull Drilling resumed in FY17 with 4 wells drilled 2 successful 2 P amp A

bull No further drilling planned for FY17

bull Producing interests

ndash PEL 92 25 interest (Beach Energy 75 amp Operator)

ndash PEL 93 30 interest (Senex Energy 70 amp Operator)

11 10

16 15

7 4

3530

FY16 H1 FY17

Production costs amp netback Direct cost A$ per barrel

NetbackRoyaltyTransportOperatingCosts per

bbl down 2

26

bull Take or pay gas

processing agreement

1 Cooper Energy to sell Orbost Gas Plant to APA Group

Heads of Agreement (non-binding) provides for APA to take ownership subject to Sole FID

2 APA to be responsible for funding and performance of ~$250 million plant upgrade and processing of gas from Sole amp Manta

Plant to be developed according to existing Sole Development Plan Sole gas to be processed under take or pay tariff agreement

3 Cooper Energy to retain 100 of upstream retains ownership of gas processed through Orbost Gas Plant

Estimated project cost for Cooper Energy reduced to ~$355 million and opportunity to realise further value accretion in sell-down post FID

Orbost Gas Plant APA Group 100

APA

bull funds and completes plant upgrade

for Sole

bull operates plant for agreed tariff amp

provides processed sales gas to

EGP

Sole gas

field

COE 100

COE

bull manages upstream

development

bull supplies gas to Orbost

for processing

bull markets the gas

Upstream Midstream

Downstream COE retains ownership of gas

through to point of sale to customers

in EGP

Transaction elements

1refer joint APA Group Cooper Energy announcement 27 February 2017

27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1


Gas production profile by projectcontracted amp uncontracted PJ pa

Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry

Gippsland Gas Project Phase 1

Sole


Manta

Assumes

bull Sole sanction by March quarter 2017 for March quarter 2019 first Sole gas to plant

bull All contract options in respect of Sole field are exercised

bull Manta subject to Manta 3 appraisal well Manta profile illustrates all Manta gas as uncontracted (including 4 PJ pa option held by

AGL) Manta profile includes 106 PJ 2C resource and additional 10 PJ anticipated


bull No exploration success

29

Reserves

Proved

(1P)

Proved amp Probable

(2P)

Proved Probable amp Possible

(3P)

Cooper1 Otway2 Total Cooper1 Otway2 Total Cooper1 Otway2 Total

Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293

Oil + Condensate MMbbl 05 00 05 09 00 09 16 00 16

Total developed MMboe2 05 08 13 09 26 35 16 51 67

Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627

Oil + Condensate PJ 01 00 02 03 11 03 05 01 05

Total undeveloped MMboe2 01 60 61 03 78 81 05 109 113

Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C

Gas Oil Total1 Gas Oil Total Gas Oil Total

PJ MMbbl MMboe2 PJ MMbbl MMboe2 PJ MMbbl MMboe2

Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040

Additional information on reserve and resource calculation is provided in the appendices to this document

1 Totals may not reflect arithmetic addition due to rounding The method of aggregation is by arithmetic sum by category As a result the 1P estimate may be conservative and the 3P estimate may be optimistic due to the effects

of arithmetic summation The conversion factor of 1 PJ = 0172 MMboe has been used to convert from Sales Gas (PJ) to Oil Equivalent (MMboe) 2 The reserves revisions include Cooper Energyrsquos share of future crude fuel

usage in the Cooper Basin The estimated fuel usage for PEL 92 is 1P 002 MMbbl 2P 003 MMbbl and 3P 006 MMbbl The estimated fuel usage for the Worrior Field (PPL 207) is 1P 001 MMbbl 2P 002 MMbbl and 3P 003

MMbbl 3 The Otway gas reserves for Casino Henry and Netherby fields are net of fuel gas

1 Totals may not reflect arithmetic addition due to rounding The method of aggregation is by arithmetic sum by category As a result the 1C estimate may be conservative and the 3C estimate may be optimistic due to the

effects of arithmetic summation 2 The conversion factor of 1 PJ = 0172 MMboe has been used to convert from Sales Gas (PJ) to Oil Equivalent (MMboe)

30

General Manager Operations

Iain MacDougallIain MacDougall has more than 25

yearsrsquo experience in the upstream

petroleum exploration and production

sector including senior management

roles within independent operators

and international experience with

Schlumberger In Australia previous

employment includes Stuart

Petroleum as Production and

Engineering Manager and then as

acting CEO prior to the takeover of

Stuart Petroleum by Senex Energy

Managing Director

David MaxwellDavid Maxwell has over 30 yearsrsquo

experience as a senior executive with

companies such as BG Group Woodside

and Santos As Senior Vice President at

QGC a BG Group business he led BGrsquos

entry into Australia its alliance with and

subsequent takeover of QGC Roles at

Woodside included director of gas and

marketing and membership of Woodsidersquos

executive committee

General Manager Exploration

amp Subsurface

Andrew ThomasAndrew Thomas is a successful

geoscientist with over 28 yearsrsquo

experience in oil and gas exploration

and development in companies

including Geoscience Australia

Santos Gulf Canada and Newfield

Exploration At Newfield he was SE

Asia New Ventures Manager and

Exploration Manager for offshore

Sarawak

Executive Director

Hector GordonHector Gordon is a highly

experienced geologist with over 35

yearsrsquo experience in the petroleum

industry Previous roles include

Managing Director Somerton

Energy and a number of senior

management and technical roles at

Beach Energy including Exploration

Manager Chief Operating Officer

and ultimately Chief Executive

Officer

Alison Evans is an experienced

company secretary and corporate legal

counsel with extensive knowledge of

corporate and commercial law in the

resources and energy sectors

Alison has held Company Secretary

and Legal Counsel roles at a number of

minerals and energy companies

including Centrex Metals GTL Energy

and AGL Ms Evans public company

experience is supported by her work at

leading corporate law firms

Company Secretary and

General Counsel

Alison Evans

General Manager Development

Duncan CleggDuncan Clegg has over 35 yearsrsquo

experience in upstream and midstream oil

and gas development including

management positions at Shell and

Woodside leading oil and gas

developments including FPSO subsea

and fixed platforms developments At

Woodside Duncan held several senior

executive positions including Director of

the Australian Business Unit Director of

the African Business Unit and CEO of the

North West Shelf Venture

Eddy Glavas has more than 18 years

experience in business development

finance commercial portfolio

management and strategy including 14

years in the oil and gas sector Prior to

joining Cooper Energy he was

employed by Santos as Manager

Corporate Development with

responsibility for managing multi-

disciplinary teams tasked with mergers

acquisitions partnerships and

divestitures

General Manager Commercial amp

Business Development

Eddy Glavas

Virginia Suttell is a chartered accountant

with more than 20 years experience

including 16 years in publicly listed entities

principally in group finance and secretarial

roles in the resources and media sectors

This has included the role of Chief Financial

Officer and Company Secretary for Monax

Mining Limited and Marmota Energy Limited

from 2007 to 2016 and 2007 to 2015

respectively Other previous appointments

include Group Financial Controller at

Austereo Group Limited

Chief Financial Officer

(Acting)

Virginia Suttell

31

The approach for all reserve and resource calculations is consistent with the definitions and guidelines in the Society of Petroleum Engineers (SPE) 2007 Petroleum Resources Management System (PRMS) The resource estimate methodologies incorporate a range of uncertainty relating to each of the key reservoir input parameters to predict the likely range of outcomes Cooper Energy has completed its own estimation of reserves and contingent resources based on information provided by the permit Operators Beach Energy Ltd Senex Ltd and Santos Ltd and in accordance with the definitions and guidelines in the Society of Petroleum Engineers (SPE) 2007 Petroleum Resources Management System (PRMS) Petroleum Reserves and Contingent Resources are prepared using deterministic and probabilistic methods The method of aggregation for all reserves and contingent resources tables is by arithmetic summation by category Aggregated 1P and 1C estimates may be conservative and aggregated 3P and 3C estimates may be optimistic due to the effects of arithmetic summation Totals may not exactly reflect arithmetic addition due to rounding

The information contained in this report regarding the Cooper Energy reserves and contingent resources is based on and fairly represents information and supporting documentation reviewed by Mr Andrew Thomas who is a full-time employee of Cooper Energy Limited holding the position of General Manager Exploration amp Subsurface holds a Bachelor of Science (Hons) is a member of the American Association of Petroleum Geologists and the Society of Petroleum Engineers is qualified in accordance with ASX listing rule 541 and has consented to the inclusion of this information in the form and context in which it appears

The Cooper Basin totals comprise the probabilistically aggregated PEL 92 project fields and the arithmetic summation of the Worrior project reserves Total includes 005 MMbbl oil reserves used for field fuel The Indonesia totals include removal of non-shareable oil (NSO) and comprise the probabilistically aggregated Tangai-Sukananti KSO project fields Totals are derived by arithmetic summation In the Otway Basin reserves for the Casino Henry and Netherby fields have been assessed by Cooper Energy The Reserves have been assessed using deterministic and probabilistic methodologies for the Waarre Formation at the Casino Henry and Netherby fields This methodology incorporates a range of uncertainty relating to each of the key reservoir input parameters to predict the likely range of outcomes Cooper Energy undertook the following analytical procedures to estimate the Reserves independent interpretation of 3D seismic data analysis of historical production data to assess accessed gas volumes and future production forecasts review of the Operatorrsquos reservoir and production simulation models to define raw gas recovery consistent with existing processing facilities and independent probabilistic Monte Carlo statistical calculations to establish the range of recoverable gas The Otway gas reserves for Casino Henry and Netherby fields are net of fuel gas The date of the Casino Henry and Netherby Reserve Assessment is 27 February 2017

Sole gas field The contingent resource for the Sole field has been re-estimated assuming a two well subsea development plan Advantages of a two well plan compared to the previous single well development includeincreased 2C estimate attributable to accessing previously undeveloped gas and reduced technical risk and enhanced field redundancy providing increased security of supply to the gas processing and gas sales agreements Contingent resources for the Sole field were released to the ASX on 26 November 2015 Post-acquisition of the remaining 50 equity in the Sole gas field the following methodologies were used by Cooper Energy to re-calculate the Sole contingent resource estimate probabilistic simulation modelling for the Kingfish Formation incorporation of a range of uncertainty relating to each of the key reservoir input parameters to predict the likely range of outcomes and review of the reservoir and simulation modelling assuming a two well subsea development The date of the Sole contingent resource assessment is 27 February 2017

Manta gas and oil field Contingent and Prospective Resources have been assessed using deterministic simulation modelling and probabilistic resource estimation for the Intra-Latrobe and Golden Beach Sub-Group in the Manta field This methodology incorporates a range of uncertainty relating to each of the key reservoir input parameters to predict the likely range of outcomes The conversion factor of 1PJ = 0172MMboe has been used to convert from Sales Gas (PJ) to Oil Equivalent (MMboe) Contingent Resources for the Manta Field have been aggregated by arithmetic summation The date of the Manta Contingent Resource assessment is 16 July 2015 and the assessment was announced to the ASX on 16 July 2015 Cooper Energy is not aware of any new information or data that materially affects the information provided in that release and all material assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply

Basker gas and oil field Contingent and Resources have been assessed using deterministic simulation modelling and probabilistic resource estimation for the Intra-Latrobe Sub-Group in the Basker field This methodology incorporates a range of uncertainty relating to each of the key reservoir input parameters to predict the likely range of outcomes The conversion factor of 1PJ = 0172MMboe has been used to convert from Sales Gas (PJ) to Oil Equivalent (MMboe) Contingent Resources for the Basker Field have been aggregated by arithmetic summation The date of the Basker Contingent Resource assessment is 15 August 2014 and the assessment was announced to the ASX on 18 August 2014 Cooper Energy is not aware of any new information or data that materially affects the information provided in that release and all material assumptions and technical parameters underpinning the assessment provided in the announcement continues to apply

32

$ A$ Australian dollars unless specified otherwise

Bbl barrels of oil

boe barrel of oil equivalent

bopd barrel of oil per day

EBITDA earnings before interest tax depreciation and amortisation

FEED Front end engineering and design

kbbls thousand barrels

LTIFR Lost Time Injury Frequency Rate Lost Time Incidents per million man hours worked

MMbbl million barrels of oil

MMboe million barrels of oil equivalent

NOPSEMA National Offshore Petroleum Safety amp Environmental Management Authority

NOPTA National Offshore Petroleum Titles Administrator

NPAT net profit after tax

PEL 92 Joint Venture conducting operations in Western Flank Cooper Basin Petroleum Retention Licences 85 ndash 104 previously encompassed by

the PEL 92 exploration licence

TRCFR Total Recordable Case Frequency Rate Recordable cases per million hours worked

TSR total shareholder return

1P reserves Proved reserves

2P reserves Proved and Probable reserves

3P Proved Probable and Possible reserves

1C 2C 3C high medium and low estimates of contingent resources

1WRM Investor presentation March 2017

Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37

2Aurelia Metals Presentation-Mar 2017-widescreen format

Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

320170321 Presentations Melbourne Mining Club Speaker

HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022


Disclaimer The presentation (in this projected form and as verbally presented) (ldquoPresentationrdquo) has been prepared by White Rock Minerals Limited and is provided on the basis that none of the Company nor its respective officers shareholders related bodies corporate partners affiliates employees representatives and advisers make any representation or warranty (express or implied) as to the accuracy reliability relevance or completeness of the material contained in the Presentation and nothing contained in the Presentation is or may be relied upon as a promise representation or warranty whether as to the past or the future The Company hereby excludes all warranties that can be excluded by law

The Presentation contains prospective financial material which is predictive in nature and may be affected by inaccurate assumptions or by known or unknown risks and uncertainties and may differ materially from results ultimately achieved

The Presentation contains ldquoforward-looking statementsrdquo All statements other than those of historical facts included in the Presentation are forward-looking statements Where the Company expresses or implies an expectation or belief as to future events or results such expectation or belief is expressed in good faith and believed to have a reasonable basis However forward-looking statements are subject to risks uncertainties and other factors which could cause actual results to differ materially from future results expressed projected or implied by such forward-looking statements Such risks include but are not limited to gold and other metals price volatility currency fluctuations increased production costs and variances in ore grade or recovery rates from those assumed in mining plans as well as political and operational risks and governmental regulation and judicial outcomes The Company does not undertake any obligation to release publicly any revisions to any ldquoforward-looking statementrdquo

The Presentation contains general background information about the Company and its activities current as at the date of this presentation The information in this Presentation is in summary form only and does not contain all the information necessary to fully evaluate any transaction or investment It should be read in conjunction with the Companyrsquos other periodic and continuous disclosure announcements lodged with the ASX which are available at wwwasxcomau and other publicly available information on the Companyrsquos website at wwwwhiterockmineralscomau

The information in this presentation that relates to Exploration Results is based on information compiled by Mr Rohan Worland who is a Member of the Australian Institute of Geoscientists Mr Worland is engaged by White Rock Minerals Ltd as a technical consultant Mr Worland has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the lsquoAustralasian Code for Reporting of Exploration Results Mineral Resources and Ore Reservesrsquo The Exploration Potential described in this Presentation is conceptual in nature and there is insufficient information to establish whether further exploration will result in the determination of a Mineral Resource Mr Worland consents to the inclusion in this Presentation of the matters based on his information in the form and context in which it appears

The gold and silver Resource figures for Strauss Kylo Lady Hampden Silver King White Rock White Rock North and Red Rock have been taken from resource estimates prepared by Ravensgate Minerals Industry Consultants on behalf of White Rock Minerals Ltd and authored by Mr Don Maclean who is a professional geologist with more than 10 yearsrsquo experience in resource estimation Mr Maclean is a Competent Person as defined by the JORC Code and consents to the inclusion in this Presentation of references to this resource estimate in the form and context in which they appear

The gold and silver Resource figures for Guy Bell have been taken from the resource estimate report dated 1 October 2008 prepared by Mining One Pty Ltd on behalf of Rex Minerals Ltd and authored by Dr Chris Gee who is a professional geologist with more than 10 yearsrsquo experience in resource estimation Dr Gee is a Competent Person as defined by the JORC Code and consents to the inclusion in this Presentation of references to this resource estimate in the form and context in which they appear

The Resources figures have not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported

The pit optimisation study used a Mineral Resource made up of a combination of Indicated and Inferred Resource blocks There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised

We have estimated the resources reported in this Presentation in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves 2004 Edition (JORC Code) which governs such disclosure by companies listed on the Australian Securities Exchange



2The Opportunity



5White Rock Assets


Red Mountain Alaska

Appendices

3










4










5

White Rock Board



6







Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



2The Opportunity



5White Rock Assets


Red Mountain Alaska

Appendices

3










4










5

White Rock Board



6







Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022









4










5

White Rock Board



6







Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022










5

White Rock Board



6







Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



6







Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022


Whi

te R

ock













10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022










10














11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022











11



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



12










13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022







13



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



14



15Mt Tailings Dam


Site Office






















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022




















300 metres






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022






CIL Circuit

Grinding Circuit

Flotation

Gold Room

Workshop







18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



18









A$1600 oz A$22 oz








19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



19








20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



20









21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



21





Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022


Red Mountain Alaska










Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022









Red Mountain


Alaska


23







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022







24




West Tundra Flats







25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



25


Existing deposits




26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022



26

2017 2018 2019 2020




12 months









JORC Resource






LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022





LOOKING AHEAD

27






29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022





29








Rock and Red Rock





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022





(gt) Silver

ounces



Inferred



Total





(gt) Silver ounces


Kylo 1590000 12 59000 26 133000 Sub-Total 2830000 13 116000 31 286000

Inferred

Strauss 1260000 14 56000 26 104000 Kylo 760000 15 35000 18 43000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000

Sub-Total 3810000 13 158000 29 353000

Total

Strauss 2500000 14 113000 32 257000 Kylo 2350000 13 95000 23 176000

Red Rock 1630000 10 54000 35 182000 Guy Bell 160000 25 13000 49 24000



Total 19140000 338000 23442000










32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022








32km State Claims

Alaska

Pogo Gold Mine


31







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022







32



HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022


HOLE ID From (m)

To (m)








ceased in 1999

Historic Drilling

33


in 1983




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HOLE ID

From (m)

To (m)

Interval (m)

Zn

Pb

Cu

Ag gt

Au gt

DC76-02

386

503

116

529

216

022

112

NA

DC97-01

411

524

113

760

318

026

115

099

including

411

428

17

2001

852

062

266

147

DC97-04

625

750

125

1251

552

071

160

114

including

695

750

55

2589

1172

088

346

246

DC97-14

570

753

183

139

023

208

15

024

including

591

634

43

006

004

675

15

004

DC97-30

177

209

32

919

472

041

226

116

DC97-31

290

314

24

1272

645

035

1061

382

DC97-32

279

339

61

1443

683

036

137

061

including

303

334

31

2008

952

052

169

078

DC97-33

391

462

71

1512

681

030

334

086

DC98-38

590

680

90

540

243

015

269

100

including

615

638

23

1324

582

030

581

307

DC98-39

776

988

212

699

320

019

57

038

including

776

890

114

1038

478

028

56

051

with

776

826

50

1774

780

045

64

045

DC98-40

61

422

361

624

256

022

183

103

Including

61

107

46

2354

845

102

531

153

including

213

245

31

1465

665

025

211

053

DC98-60

176

865

689

402

188

010

58

036

including

538

588

49

1017

496

028

86

039

WTF82-05

1043

1061

17

1140

597

015

374

171

WTF82-08

1609

1640

30

728

427

017

796

112

WTF83-17

586

599

13

2092

917

056

796

1022




34


Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

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Slide Number 5

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Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



Regional Conductors


35


Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

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Slide Number 25

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Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



Exploration Upside











36








Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21









Original Claims

37





3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

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Slide Number 37


Slide Number 1

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3











4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



4












5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

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Slide Number 31

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Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



5









6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


6


Bourke

Cobar Nyngan

Parkes ORANGE

Bathurst

Lithgow

Newcastle

SYDNEY 100kms

Nymagee Cu Project

Hera AuPbZn Mine

Cobar Basin

A u s t r a l i a

NSW


CSA Cu (Glencore)



Wonawinta Ag


7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



7










9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 16

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Slide Number 21

Slide Number 22

Slide Number 23

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Slide Number 25

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Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21





9


10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



10

A$oz






11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



11




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21




13






14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

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Slide Number 37


Slide Number 1

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Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



14

N

North Pod

S N

Stoped areas

(purple)

Planned Stopes



Target Zone

500 m below surface

HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


HRUD410


400L

450L

500L

550L

600L






NovDec16 results


Mine Long Section

North Pod

450L

500L

550L

NORTH


47gt Au 203gt Ag

HRUD370



52 Pb+Zn 32gt Ag



25 Pb+Zn 14gt Ag


N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 16

Slide Number 17

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Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



N 200m North Pod

1530 Hays South

Main South

Main North

Far West Hays North

Target Zone

16





17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

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Slide Number 21

Slide Number 22

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Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


17



Hera Mine

Nymagee CuPbZn



N 5 km

Lease boundary

18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

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Slide Number 31

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Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

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18


Nymagee CuPbZn






300 m below surface

500 m below surface

700 m below surface




Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21



Mine Corridor





20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


20


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


Conclusion

21






2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


2



currently held











in which it appears

Rounding





Currency


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


3








4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


4

Cooper Basin oil

PEL 495



bull Poland

bull Romania

bull Indonesia

bull Tunisia

2011 portfolio

5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


5

Otway Basin




prospectivity

Market



Gippsland Basin




plays

6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


6

Otway Basin




permits



7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


7

Otway Basin


sub-surface


Otway

Gippsland Basin





8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


8





Otway Basin



Market




contract


contract

9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

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Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

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Slide Number 9

Slide Number 10

Slide Number 11

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Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


9

Gas contracts






New gas projects



bull Phase 2 Manta


ndash from FY22


Production


Minerva1










Orbost and Longtom


Uncontracted gas


bull Otway


bull Gippsland




10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


10

03

Jun-16 Jan-17

FY17 production1

MMboe expected

Gas

Oil

1

49 76

367

668

Jun-16 Jan-17


MMboe

Gas

Oil13

11

104

Jun-16 Jan-17

2P reserves12

MMboe







116

416

744




11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


11


PJ pa




0

10

20

30

40

50

60

70

80

90

100

2017 2018 2019 2020 2021 2022 2023 2024


Manta(100)

Sole (100)

Casino




Sole FID

0

100

200

300

400

500

600

2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036



12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

Slide Number 24

Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


12Source AEMO

13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

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Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


13

1 Assumes


to plant




3 5 1

1520 20 20 20 20 20 20

16102

13

17 11

37 36 36

28

1913

15

10



Uncontracted

Contracted


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21

Slide Number 22

Slide Number 23

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Slide Number 25

Slide Number 26

Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


14

Resource economics

Health amp safety

Environment




development



costs


sound development


community benefits

fiscal dividend

15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

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Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


15

Casino Henry







0

2

4

6

8

10

12


Production1

MMboe

Sole Gas Project

Manta Gas Project

Casino-Henry

Cooper Basin oil

Assumes1






16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 36

Slide Number 37


Slide Number 1

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Slide Number 3

Slide Number 4

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Slide Number 10

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Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


16

Sole FID








Operator status



Beyond June 2017




13116

~53




~43 MMboe

1

2

3

4

17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 27

Slide Number 28

Slide Number 29


Slide Number 31

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Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

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Slide Number 7

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Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


17







Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 21

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Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


Appendices

20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 16

Slide Number 17

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Slide Number 29


Slide Number 31

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Slide Number 34

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Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


20

Key figures


Shareholders1 5923


Debt Nil



production company






companies


agreements

59

10

2

29

Share register

Institutional

Corporate


Private


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 28

Slide Number 29


Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


21



240000 ndash 280000 1 bbl pa






Minerva1 gas plant








22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

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Slide Number 31

Slide Number 32

Slide Number 33

Slide Number 34

Slide Number 35

Slide Number 36

Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

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Slide Number 7

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Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


22

Phase 1 Sole





bull COE equity 100

Phase 2 Manta



bull Sanction 2021




bull COE equity 100

Orbost Gas Plant









33 km

58 km

65 km

23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

Slide Number 5

Slide Number 6

Slide Number 7

Slide Number 8

Slide Number 9

Slide Number 10

Slide Number 11


Slide Number 13

Slide Number 14

Slide Number 15

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Slide Number 21

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Slide Number 31

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Slide Number 37


Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Slide Number 5

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Slide Number 7

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Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19

Slide Number 20

Slide Number 21


23




EnergyAustralia










24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

Slide Number 3

Slide Number 4

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24

Key Assets








Plans





25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















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25









11 10

16 15

7 4

3530

FY16 H1 FY17



bbl down 2

26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















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26










APA


for Sole



EGP

Sole gas

field

COE 100

COE


development


for processing


Upstream Midstream



in EGP



27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















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27

28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















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28

3 5

2 7 7 6 7 7 6 5 4

1

1520 20 20 20

2020

20

16

10

6

10 5 5 5 55

55 9

9

25 25 25

18

10

75

1



Manta uncontracted

Sole uncontracted

Sole contracted

Otway uncontracted

Otway contracted

Otway 2P reserves

Casino Henry


Sole


Manta

Assumes







29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

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29

Reserves

Proved

(1P)

Proved amp Probable

(2P)


(3P)


Developed

Sales Gas PJ 00 48 48 00 152 152 00 293 293



Undeveloped

Sales Gas PJ 00 344 344 00 451 451 00 627 627



Total1 MMboe2 07 68 74 11 104 116 21 159 180

Contingent

Resources

1C 2C 3C



Gippsland 2917 40 541 3885 76 744 5336 121 1039

Cooper 02 00 003 03 00 01 06 00 01

Total 1 2919 40 542 3888 76 744 5342 121 1040








30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

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30














Managing Director










executive committee


amp Subsurface










Sarawak

Executive Director











Officer














General Counsel

Alison Evans

























divestitures



Eddy Glavas









from 2007 to 2016 and 2007 to 2015





(Acting)

Virginia Suttell

31







32


Bbl barrels of oil





















Slide Number 1

Disclaimer

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32


Bbl barrels of oil





















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Bbl barrels of oil





















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HOLE ID	From (m)	To (m)	Interval (m)	Zn	Pb	Cu	Ag gt	Au gt

DC76-02	386	503	116	529	216	022	112	NA

DC97-01	411	524	113	760	318	026	115	099

including	411	428	17	2001	852	062	266	147

DC97-04	625	750	125	1251	552	071	160	114

including	695	750	55	2589	1172	088	346	246

DC97-14	570	753	183	139	023	208	15	024

including	591	634	43	006	004	675	15	004

DC97-30	177	209	32	919	472	041	226	116

DC97-31	290	314	24	1272	645	035	1061	382

DC97-32	279	339	61	1443	683	036	137	061

including	303	334	31	2008	952	052	169	078

DC97-33	391	462	71	1512	681	030	334	086

DC98-38	590	680	90	540	243	015	269	100

including	615	638	23	1324	582	030	581	307

DC98-39	776	988	212	699	320	019	57	038

including	776	890	114	1038	478	028	56	051

with	776	826	50	1774	780	045	64	045

DC98-40	61	422	361	624	256	022	183	103

Including	61	107	46	2354	845	102	531	153

including	213	245	31	1465	665	025	211	053

DC98-60	176	865	689	402	188	010	58	036

including	538	588	49	1017	496	028	86	039

WTF82-05	1043	1061	17	1140	597	015	374	171

WTF82-08	1609	1640	30	728	427	017	796	112

WTF83-17	586	599	13	2092	917	056	796	1022

asx:wrm “a diversified exploration company now on the pathway …€¦ · the presentation (in...

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