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Gallic Energy Ltd
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December 2012 Investor Presentation
| William H. Smith | Page 3 of 11 |
May 17, 2024
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"December 2012 Investor Presentation"
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Gallic Energy – Strategic Overview • Focus: France: Gallic’s two existing permits – Ledeuix and Ger – 100% WI in 320,000 acres in the gas-prone Aquitaine Basin • Ger: Technical analysis of Ossun 2D reservoir, return to wellbore for cost efficient re-completion after drilling and completion of Hagolle 2 • Ledeuix: Preparing to drill Hagolle 2 well, targeting naturally fractured gas-charged Upper Cretaceous carbonate • Cashflow Generation: Establish production and cashflow as soon as practical to take advantage of high gas prices in France ($7-$9/Mcf ) • Australia: 1.6 million acres in the Canning Basin – farmout potential or monetization • Plan of Arrangement in place whereby Petromanas exchanges their shares for Gallic shares; shareholder vote extended to 13 Dec 2012 3