ANNUAL GENERAL MEETING
ASSET REVIEW
26 NOVEMBER 2013

OFFSHORE GIPPSLAND BASIN

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BAS portfolio is primarily focused on gas/condensate exploration opportunities on Northern margin of basin

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On trend with producing fields and close to infrastructure

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Development and market opportunities

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Cooper Energy Limited (COE) farm-in(1) to Vic/P41 and Vic/P68

(1) Agreement subject to conditions

OFFSHORE GIPPSLAND BASIN
Vic/P41
Bass Strait Oil Company (Operator)

38.765%*

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Prospects defined on 3D seismic

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Seismic reprocessing and studies underway

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Seeking to mature drillable prospects in 2014

Vic/P68
Bass Strait Oil Company (Operator)

50%*

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Prospects defined on 3D seismic

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Seismic reprocessing and studies underway

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Seeking to mature drillable prospects in 2014

Vic/P42
Bass Strait Oil Company (Operator)

100%

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Adjacent to world class oil fields

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Collaboration with HiRex Petroleum to reassess prospectivity with new technology

* After COE farm-in

Core Area

ONSHORE OTWAY BASIN
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BAS has established a position in the Victorian section of the basin

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Close to market and infrastructure

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Production from proven potential plays

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Unconventional oil and gas potential

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Three permits granted during 2013

PEP 150
Bass Strait Oil Company

15% (Beach Energy Operator)

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Contains Lindon oil discovery

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2D seismic planned in 2014

PEP 167 and PEP 175
Bass Strait Oil Company

100% (Operator)

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Focus on Casterton unconventional shale gas play

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G&G studies planned in 2014

DISCLAIMER
This presentation has been prepared by Bass Strait Oil Company Ltd (“BAS” or the “Company”), with the purpose of providing general information about the Company. 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. The presentation contains certain statements which may constitute “forward-looking