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WHL Energy Ltd
April 2012 Investor Presentation
| Steve Noske | Page 10 of 11 |
March 27, 2015
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"April 2012 Investor Presentation"
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Investor Presentation April 2012 10 Key Technical Risks Largely Addressed 1. Presence of a Petroleum System 225 Cretaceous source basin mapped in South East with recent expulsion Positive evidence for p etroleum system 2. Reservoir and Seal 225 Regional geological studies addressing these risks 225 Seismic interpretation indicates Karoo reservoir present over main features 225 Some uncertainty on Beau Vallon reservoir distribution 225 Regional Paleocene seal mapped to be present over most of area 225 Cretaceous seal interpretation in progress Reservoir presence understood and generally not a risk Seal (Paleocene) presence widespread, Cretaceous seal work ongoing KAROO 226 LOWER ISALO KAROO 226 UPPER ISALO SYNRIFT BERONONO/BEMERAHA POSTRIFT DUVALIA NE INDIAN - POSTRIFT MASCARENE - POSTRIFT r Top Cretaceous Nr Top Karoo Junon South trend Oil and gas expulsion through Tertiary from Cretaceous source 3000+m Tertiary burial Top oil window Base oil window SW 1.0 2.0 4 .0TWT (s) 6.010 km Mid Cretaceous Cretaceous Source kitchen