OPHIR ENERGY PLC Annual General Meeting Tuesday 19th June 2012 0
Annual General Meeting 19 June 2012 LSE Ticker: OPHR Website: www.ophir-energy.com
Corporate Overview
Ophir: Investment Highlights FTSE250 African resource play Extensive portfolio of deep-water acreage in Africa Interests in 22 Blocks, 11 jurisdictions Diversified African portfolio Strategic position in the four key emerging…
Ophir Energy A Broad Portfolio Across the Main Sub-Saharan African Plays Transform margin AGC (1 Block) East African rift Review of Kora-1 nearing New entrant into play via completion Dominion acquisition This is the first…
Ophir Business Model: Focussed on near-term ROI Exploration and appraisal: Commercialisation: Start-up: High-risk high-reward, rapid value accretion in the exploration and appraisal phase Increased capital First production: project…
Market Summary Increasing market interest and liquidity 626p 2.49b 398m 12.6m Market Ticker: OPHR Brokers: JPMC Share price1 Market Ordinary Shares2 Outstanding Capitalisation1 Options2 RBC Oriel Ca pi tal R&M 11.61%…
East Africa: Tanzania & Kenya
East Africa: Largest Offshore Acreage Position An Emerging Resource Play with multi-train LNG Potential Area Operators and Recent Discoveries Top 20 Net Deepwater Licence Holders, Offshore East Africa Anadarko L15 Anadarko…
East Africa: Depositional Setting and Play Types Play I. Intraslope Channels Tanzania (confirmed) and Kenya (possible) Over 15 TCF in place discovered to date in Tanzania Mamba/ Pweza Barquentine Chewa Play II. Basin Floor Fans…
Tanzania: Schematic Basin Section 10 TCF recoverable resources discovered to date West East Play I. Intraslope Channel Play (Tertiary + Cretaceous) Play II. Basin Floor Fan Play Based on internal Ophir Energy estimates of…
OphirBG JV: 2012 Exploration Program Over 5 TCF unrisked resources discovered to date in 2012 Key 2012 Objectives: 1. Prove up minimum commercial resources for two-train LNG development Blocks 1,3 and 4: Well Locations Next 12 Months…
Jodari-1: Ophirs largest discovery to date Estimated recoverable resource 3.4 TCF within Play I Jodari-1 SW NE Ophir-BG play-finder well targeting stacked, AVO supported targets of Miocene to Upper Cretaceous Miocene age Exceeded…
Mzia-1:Block 1 Intraslope Channel Play Estimated mean in place recource: 3.5 TCF Block 1 Play opening discovery in the Upper Cretaceous of the Rovuma Delta East Pande In place resource estimates: 2.0 6.0 TCF 55m of net pay within a…
Papa-1: Block 3 Intraslope Channel Play Estimated recoverable resource 3.1 TCF Papa-1 (3A) S N Playfinder well: location selected to test two structural-stratigraphic targets in the Rufiji Basin Third independent test of the…
Play II. Basin Floor Fan Rapidly emerging Mozambique-Tanzania play with 60 - 97 TCF discovered in Mozambique TZ MZ Ophir + BG Acquiring 3D Seismic 2012 Q2 Mozambique Rovuma Basin: An Emerging World Gas Province: presented…
Tanzania: Commercialising gas Innovative early commercial agreements: provide control and accelerate development Farm out and collaboration with best-in-class LNG operator Commercial certainty and bankability will attract mid-stream…
Tanzania : Ophir-Operated Drilling Programme Preparations underway for Q1 2013 drilling on East Pande and Block 7 East Pande East Pande: 70% Working Interest 3D acquired in January 2012 Leads identified for Q1 2013 drilling Block 7:…
Kenya : Ophir-Operated Drilling Programme Q1 2013 Drilling Programme on Block L-09 Apache drilling Mbawa prospect in summer 2012, along trend on the Mbawa ridge running through L-09 3D acquired in L-09 in January 2012 Ophir Mbawa…
West Africa: Gabon & Equatorial Guinea
Gabon: Pre-salt oil exploration; Brazilian analogue Significant advances in both geological understanding and seismic imaging in recent years have improved understanding of pre-salt prospectivity Recent Cameia-1 discovery by…
Gabon: World-class pre-salt potential Recent discovery in Angola validates Brazil-analogue play concept Conjugate Brazilian and Gabonese basins 22
Gabon Potential World-Scale Pre and Post Salt Play The North Gabon/Ogoou Delta is a proven oil and gas province - over 2,000MMbbl of oil and 900Bcf of gas in post-salt Pre-salt Northern sequences Pre-Salt Play Complex Plate…
Ntsina Padouck: First well in Gabon targeting deep pre-salt play Estimated 1.15 BBbl gross recoverable resources (15% COS) Seismic section over pre-salt southern complex Oil in salt cored from Padouck-1 well Two large clusters of…
Equatorial Guinea drilling to date has derisked 1.4TCF Targeting 1.6TCF gross unrisked resources with 2012 drilling campaign 80% working interest (GEPetrols 20% interest carried Oreja Marina-1 Gas Discovery through exploration and…
Equatorial Guinea: Fortuna Canyon 3 + 1 Drilling Strategy Bottom Hole Order Tonel 1 Fortuna East 1 Fortuna West 1 Viscata East Felix Tranquilla Viscata East Stratigraphic Test Tranquilla Iambe Stratigraphic Test Stratigraphic…
Equatorial Guinea: Tonel-1 708 bcf gas target with potential oil rim Mid-Miocene stacked, thrust belt target; DHI support; derisked by Lykos-1, Estrella del Mar-1 and Oreja Marina-1 discoveries Oreja Marina-1 Gas Discovery…
Equatorial Guinea: Gas commercialisation Alba Field 4Tcf Zafiro Field (500-750Bcf) 3Tcf, 3.4 Ma MTA, 150 MMscf/d flared presently committed to Train 1, BG) Gas production rate limited/linked with oil production. Likely blow down…
Ophirs 2012-2013 Drilling Programme 12 months drilling programme targeting net unrisked recoverable resources of 9+ TCF of gas and 1.1+ BBBL of oil Unrisked Gross Total2. 2012 2013 Gas / Country Well Name Block 1. Pmean 3. Oil…
OPHIR ENERGY PLC Annual General Meeting Tuesday 19th June 2012 31
Results of Proxy Voting * Special Resolution 32
OPHIR ENERGY PLC Annual General Meeting Thank you for attending 33
Loading...
