NAPE International Pavilion Presentation 22 nd February 2012 Large - - PowerPoint PPT Presentation

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NAPE International Pavilion Presentation 22 nd February 2012 Large - - PowerPoint PPT Presentation

Sep 13, 2022 159 likes •373 views

NAPE International Pavilion Presentation 22 nd February 2012 Large Prospect Inventory Over 4,500 sq. kms of 3D data covering entire licence & northern part of basin 3D is excellent quality and illuminates geology of basin Competent

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NAPE International Pavilion Presentation 22nd February 2012

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Large Prospect Inventory

  • Over 4,500 sq. kms of 3D data covering entire licence & northern part of basin
  • 3D is excellent quality and illuminates geology of basin
  • Competent Persons Report Issued
  • 28 prospects identified – 6 structural, 22 stratigraphic
  • Best Estimate resource potential 2,107mmbo, with upside of 7,301mmbo
  • Large inventory of prospects, supported by excellent quality 3D seismic
  • Plays de-risked by adjacent discoveries
  • Several prospects with similar seismic anomalies to Sea Lion
  • Operationally straightforward, WD<500m, TD<3000m, DHC c.$30mm

February 2012 2

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North Falkland Basin

Tectonic Elements

February 2012 3

Zeus

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Zeus & Demeter Prospects

Zeus Line Section

February 2012 4

Zeus Demeter

A A’

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Early Cretaceous Basin Floor Architecture

February 2012 5

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Early Cretaceous Lacustrine Delta

Seismic Line

February 2012 6

A A’

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Paleogeography, Plays & Leads

Lower Early Post Rift

February 2012 7

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Paleogeography, Plays & Leads

Upper Early Post Rift

February 2012 8

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Schematic Cross-Section

Northern North Falkland Basin

February 2012 9

A A’

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Rhea Stack

(Selene, Kratos D&E, Rhea & Poseidon B,C,D&E) Kratos Rhea Selene Poseidon

February 2012 10

P90 66 P50 346 P10 1,193

Mmbo

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Rhea Stack

(Selene, Kratos D&E, Rhea & Poseidon B,C,D&E)

February 2012 11

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Rhea Prospect Amplitude Anomaly

February 2012 12

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Kratos Stack

(Oceanis, Iris, Kratos A,B&C, Elphis, Poseidon A) Iris Kratos Oceanis Elphis Poseidon

February 2012 13

P90 51 P50 214 P10 625

Mmbo

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Kratos Stack

(Oceanis, Iris, Kratos A,B&C, Elphis, Poseidon A)

February 2012 14

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Kratos Prospect Amplitude Anomaly

February 2012 15

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Helios Stack

(Helios, Metis & Triton) Helios Metis Triton

February 2012 16

P90 61 P50 790 P10 2,990

Mmbo

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February 2012 17

Helios Stack

(Helios, Metis & Triton)

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Helios Stack

(Helios, Metis & Triton)

February 2012 18

A A’

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Amplitude Map at Base of Helios Fans

February 2012 19

A A’

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Summary

Potential of Argos Licence PL001

  • Adjacent to Sea Lion / A significant piece of Johnson – A Good Address
  • Identified more prospectivity than expected, supported by excellent 3D seismic data
  • Several prospects with seismic anomalies similar to Sea Lion
  • Vertical wells & simple side-tracks can test multiple targets

Operating Environment

  • Top Quartile Fiscal Terms
  • Transparent & Supportive Business Environment
  • Infrastructure & Logistics Established for Year-Round Operations
  • Sea Lion Success will Stimulate Further Exploration

February 2012 20

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NAPE International Pavilion Visit Us at Booth 750