About Deltana

Key Highlights

• Deltana has an experienced and well qualified team with strong technical and commercial support to enable fast and effective decision-making and best utilisation of financial resources. The acquisition strategy has been built to gain critical (investment) mass to take on substantial projects and opportunities to deliver best share holder returns.
  
  
• The Deltana management have targeted premium oil and gas properties with significant prospective resources in the highly priced and developed Gulf of Mexico ("GoM") onshore/offshore shallows region. In addition, opportunities within Australasia are currently under review for their prospectivity and ease of development. Deltana's participating interest is targeted in the range of 25%-50%.
  
  
• The Directors and Management continuously assess immediate and additional quality opportunities in areas with proven oil and gas potential, low sovereign risk, high prices and ready markets which together have developed road, rail and pipelining infrastructure to enable the expediting of any reasonable “discovery”.
  
  

Deltana’s aim is to become a profitable oil and gas company within its first three years of operation by acquiring meaningful equity positions in southern and eastern USA and onshore South America (northern, viz Venezuela), where there are:

(a) proven hydrocarbon basins with a good data base;

(b) existing infrastructure;

(c) available ‘top price’ markets;

(d) stable political systems; and

(e) an ability to attract world class industry professionals.

The Company will also consider other opportunities in Australasia.

The above will all assist Deltana to build an early cash flow to underpin ongoing Company operations.