This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a range of variables which could cause actual results or trends to differ materially, including but not limited to: product price fluctuations, actual demand, currency fluctuations, geotechnical factors, drilling and production results, oil and gas commercialisation, development progress, operating results, engineering estimates, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial markets conditions in various countries, approvals and cost estimates.
All references to dollars, cents or $ in this document are Australian currency, unless otherwise stated
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2021 Highlights
onlyuse personal 3 r
Cerberus - Offshore Shallow Water Carnarvon Basin
Adjacent to Barrow Island
Bounty earning 25% by contributing $6 million to drilling 3 wells
Targeting Best Case Prospective Resources of over 200 million barrels (MMbo)
Same plays as
Santos' Dorado and Roc (>400 MMboe 2C) to the north, and
Stag and Wandoo Oilfields (>180 MMbo production) immediately adjacent
Corporate
Petroleum Revenue $1.47 million (2020 $2.91m)
Cash and current assets $ 4 million and no debt
$2.8 million new capital raised in 2021
Kane Marshall joins Bounty as COO.
PEP 11 - A Gas Project
Preparations for Sea Blue 1 well targeting the large Gas and Carbon Capture and Storage Baleen Prospect considerably advanced by operator
Well and environmental management contracts let and letters of intent issued for well head and conductor equipment and calls to tender issued to several contractors with rigs in Australian waters
Corporate Snapshot
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ASX Code
As at
Price Range YTD
Shares Quoted
Options
ASX Closing Price
Market Capitalisation
Net Assets
BUY
25 November 2021
$0.010 to $0.049
1.37 billion
Nil
$0.010
$13.7 million $8.45million
Cerberus - Carnarvon Basin WA.
r personal use only
Bounty initially targeting ~345 MMboip total in Stork, Honeybadger and Gallant
prospects, immediately up dip from proven oil fields
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Disclaimer
Bounty Oil & Gas NL published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 01:19:02 UTC.
Bounty Oil & Gas NL is an Australia-based oil and gas explorer and producer. The Company is engaged in exploration, development, production and marketing of oil and gas (petroleum). It is also involved in the investment in listed entities. It has production and exploration operations in three states within Australia. Its operations include PEP 11, Cerberus, Carnarvon Basin, Naccowlah Block and Surat Basin. PEP 11 covers 4,576 square kilometers (km2) of the offshore Sydney Basin adjacent to the gas market in Australia. The Cerberus Project incorporates 3,578 km2 in four permits, EP 475, 490, 491 and TP 27 offshore Carnarvon Basin and lies 70 kilometers (km) east of Barrow Island. It monitors the Rough Range 1B well in petroleum license L 16 onshore Carnarvon Basin, which is surrounding Rough Range Oil Field, 60 km South of Exmouth. The Company owns a 2% interest in the Naccowlah Block, which is located in southwest (SW) Queensland and covers an area of 1,064 km2.
BOUNTY OIL & GAS NL 
