Investor Presentation ASX:CMT

March 2013

www.cottoilandgas.com.au

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PNG and Carnarvon Basin part of the Westralian Superbasin – geological unit home to some of the world’s biggest energy discoveries and projects

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Listed on ASX in January, 2013, one of few recent successful conventional oil and gas E&P IPOs. $5.7m cash on hand.

Dual focus on Carnarvon Basin and PNG -- two world class oil and gas regions which align with the Company’s expertise and experience.

2013 funded work and exploration programme:

WA 261 (Carnarvon Basin): near term oil drilling – Cott’s share circa A$0.85m.

PPL 435 and PPL 436 (Papua New Guniea): Aeromag - gravity survey to define targets (A$500k).

PPL 437 (Papua New Guniea): Seismic and Aeromag - gravity review to define targets (A$500k).

WA 460: Exposure to Shell-Mitsubishi Palta well. WA 460 estimated to hold approximately 18% of the 13.4 tcf Palta target. Drilling by Shell-Mitsubishi ongoing at no cost to Cott.

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Andrew Dimsey (Managing Director) Co-founder of Cott. 30 years of commercial experience as a senior executive of Beach Petroleum, Alliance Oil, Claremont Petroleum, Elders Resources, Arc Energy, Origin Energy. Focus on all commercial aspects of O&G industry -- mergers and acquisition, corporate restructuring, JV arrangements, operations and production.

Ian Longley (Technical Consultant) - BSc Geology Co-founder of Cott. Petroleum geologist with 27 years of upstream exploration and new business experience across the Company’s region of focus. Senior positions within Shell, Woodside, Lasmo and Oil Search. Advises Cott on strategy and new project identification. Recognised as a global authority on petroleum geology of SE Asia.

Clifford Ford (Technical Consultant) - BSc Geology Co-founder of Cott. Explorationist and consultant with 32 years of experience with Chevron, Western Mining, Woodside, BHPP, OMV, Oil Search, Novus. Carnarvon Basin/sesimic interpretaion specialist and has been involved in the discovery of a number of oil and gas fields.

Management team with proven track record of finding and analysing large structures across the Westralian Superbasin.

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ASX Code: CMT

Issued Capital:

Ordinary Shares 66.6m

Options ($0.20, Dec 2015) 20.3m

Options ($0.25, Dec 2015) 4.4m

Options ($0.30, Dec 2015) 4.4m

Market Capitalisation:

($0.17/share) $11.13m

Cash (February 2013): $5.74m

Unpaid Capital: Nil

Debt: Nil

Enterprise Value: $5.4m

Major Shareholders:

~10% -- Michael O’Keeffe (ex Riversdale Mining Chairman/founder)

~21% -- Cott Management and founders, escrowed until Jan 2015

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Directors:

Mr Stephen Dennis, Chairman

Mr Andrew Dimsey, Managing Director

Mr David Bradley, Non Executive Director

Company Secretary:

Ms Sarah Smith

Corporate Advisor:

Grange Consulting

Chief PNG Advisor:

Mr Simon Korua

Head Office:

945 Wellington Street

West Perth WA

Australia 6005

www.cottoilandgas.com.au

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One of the largest conventional

targets currently being drilled in Australia.

Palta independently estimated to contain prospective (P50) resource of 13.4 tcf, 18% of which lies within WA 460 P (Cotts share circa 806 bcf).

Shell-Mitsubishi JV currently drilling

Palta in neighbouring WA 384-P at an estimated cost of greater than $100m. No cost to Cott.

Water depth of 1300m, target depth 5,500m.

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Schematic Strike Section Schematic Dip Section

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Stag Oilfield

WA 260 P

Chamois Oilfield

Permit includes the Chamois-1 oil discovery – made in 2000 but not fully evaluated.

Elan-1 well planned for April 2013 to appraise Chamois-1 discovery. Apache drilling well on behalf of Operator, Hydra Energy.

Chamois prospects independently verified at 8.85 mmbbls. Cott estimates upside for Elan-Chamois

complex to be up to 20 mmbbls.

Shallow water (43m), target depth 1200m.

Cott’s estimated well cost: $0.85m

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World class petroleum region, proven active hydrocarbon systems, close to Asian LNG demand.

Construction of Exxon Mobil LNG project over 75% complete, with first gas scheduled for 2014 and approval of third LNG train expected.

Horizon-Talisman Stanley condensate project completing final investment decision.

Stanley, Elevala, Ketu, P’nyang discoveries will establish LNG project in Western Province PNG.

Cott has completed acquisitions of interests in PPL 435 (50%), PPL 436 (50%) and PPL 437 (20%).

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Cott 50% Kina Petroleum (Operator) 50% Area 5,346 km2 50Km Southwest of PRL 21

Adjacent Lake Murray 1 gas flow

2 large leads with basal Cretaceous sand potential

Good potential port infrastructure at Aiambak

Modest commitments in 2013 & 2014

Aerogravity and aeromagnetics in 2013

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Cott Oil & Gas 50%

Kina Petroleum (Operator) 50%

Area 13,122 km2

Very large tilted fault block structures with large counter regional throw

Good seismic correlation with existing aerogravity cover

No wells drilled on structure in the Oriomo High Fairway

Good liquids potential, shallow drilling, good river access

Close to proposed gas export infrastructure

Integration aerogravity and aeromag in 2013

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Cott Oil & Gas 20%

Kina Petroleum (Operator) 80%

1,140 sqkm

Bordering north & east of PRL 21

PRL 21 planing gas & liquids processing infrastructure

2 strong leads trends recognized

Similar characteristics to Ketu

Seismic in 2013 and Well in 2014

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Study Programme generated by Cott, following review of regional data.

Application to complete study over onshore area in South East Papua, Indonesia .

Unexplored extension from PNG of highly prospective oil and gas geology.

Significant migration trends and oil and gas signposts.

Potentially large acreage exposure with multi TCF/ Billion bbl potential – frontier territory likely to be of interest to majors.

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Appendix

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Permit & Prospect

% Operator

Commitments

2013 2014

Comment

1. WA 460 P (80 km2)

Palta 33.34% Strike $100K $500K

Palta 1 is the largest exploration prospect currently being drilled in Australia

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WA 261 P (256 km2)

Chamois Oilfield

Chamois NW Prospect

12.3% Hydra Energy

$850K $200K

Hydra Energy, a specialist small field developer backed by Barclays Bank, has acquired Operator interest

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EP 325 (1263 km2) Rivoli Gasfield

Rivoli Deep-Big Horn

11.1% Strike $300K $800K Build a resource to capitalise on high value gas market in Western Australia

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Permit/Interest % Operator Commitments

2013 2014 Comment

Papua New Guinea

PPL 435 (5,670 km2) 50% Kina

Petroleum $225k $125k

Large acreage provides development and

commercial opportunities

PPL 436 (13,122km2) 50% Kina

Petroleum $225k $125k

Large acreage provides development and

commercial opportunities

PPL 437 (1,104km2) 20% Kina

Petroleum $500k $1.0m

Two large leads to be matured for drilling and

commercial opportunities

South-East Papua

Regional Study 25% Joint $500K N/A Study subject to negotiation with

Government

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Prospects P90 P50 P10 Mean Cott Share

1. Palta 8.0 tcf 13.5 tcf 21.1 tcf 14.1 tcf 800 bcf

2. Chamois 3.77

mmbl 4.73 mmbbl 5.73 mmbl 4.74 mmbl 0.58 mmbl

Leads

1. Aiambak 2.8 tcf

39 mmbl 50%

2. Sturt 9.4 tcf

126 mmbl 50%

3. Alligator 15.3 tcf

201 mmbl 50%

4. Chamois NE/NW

4.1mmbl 0.5 mmbl

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Notes

1. Palta currently driling.

2. Chamois to be drilled April, 2013.

3. Palta and Chamois prospects and leads independently assessed and verified (report available).

4. PNG leads identified and assessed by Operator (Kina Petroleum Ltd (ASX:KPL)

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Carnarvon Basin is a world class exploration area.

The Company has significant expertise in this region.

Strong local industry gas demand and globally high local gas prices present “domgas” opportunities.

High quality data available for future bid-rounds.

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Stephen Dennis (Non-Executive Chairman) 25 years active involvement in the resources industry. He spent 14 years in senior management roles at MIM Holdings Limited, was Group General Manager and Chief Financial Officer of Minara Resources Limited until late 2005. Mr Dennis is currently the CEO and Managing Director of CBH Resources Limited.

Andrew Dimsey (Managing Director) Co-founder of Cott. 30 years of commercial experience as a senior executive of Beach Petroleum, Alliance Oil, Claremont Petroleum, Elders Resources, Arc Energy, Origin Energy. Focus on all commercial aspects of O&G industry -- mergers and acquisition, corporate restructuring, JV arrangements, operations and production.

David Bradley (Non-Executive Director) Energy industry commercial specialist with 30 years of business development experience including senior management roles with El Paso Corporation, Epic Energy, and consulting roles with Wood McKenzie as well as privately advising a broad range of upstream, midstream and downstream energy players in developing and executing commercialization strategies and business development initiatives. Experience includes significant M&A coordination roles realising over $2 billion in closed transactions.

Simon Korua (Chief Advisor, PNG) Simon Korua is a successful businessman in PNG and has a detailed knowledge of the Cultural and Administrative processes in PNG and will provide leadership and direction to develop the oil and gas opportunities in PNG.

Board and advisors with considerable senior experience with ASX-listed resources companies.

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Certain statements or estimates contained in this presentation, including information as to the future financial or operating performance of Cott Oil & Gas Ltd (Cott) and its projects, are forward-looking statements or estimates. Such forward looking statements or estimates are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Cott, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies; involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements; and may include, among other things, statements regarding targets, estimates and assumptions in respect of production, prices, operating costs, results, capital expenditures, reserves, resources and anticipated flow rates, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. Cott disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking statements or estimates made in this presentation are qualified by the foregoing cautionary statements. Investors are cautioned that forward-looking statements and estimates are not guarantees of future performance and accordingly investors are cautioned not to rely on forward-looking statements or estimates due to the inherent uncertainty therein.

This presentation is not an offer of securities and is not a disclosure document.

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