Lundin Petroleum Norway - NCS Portfolio Capital Market Day Presentation WF9244 01.07 30th January 2007
Maturation of Assets in Norway Portfolio Management New Ventures Opportunities lost Business Opportunities Producing fields: A: B: Tor C: Com discoveries: Maturation Execution Viable Stranded assets: Alvheim, Volund,…
Concept and Operational Network Associates New Ventures: 8 Lundin Norway Geology and Geophysics Development and Production Drilling and Well Technology Associates Execution: 11 Lundin Norway Lundin Norway Admin: 1…
Alvheim Core Area L M O 0 Kilometres 10 : 9f 0025/02 25 2 (Area A 5) 2e 10a a ) L L 9/10c aW 2 S 2a L 1e 1d 2c c L 3 BRUCE : 8b 3 9a L 2d L L G G O 3 1c 2f 8 9bF1 3 :1 : 10c 10 c L GF2 8 )9aF L L 8aF PL363…
Alvheim - Volund Area - Resources Alvheim Field (15%): FALLOW ACREAGE Boa, Kameleon, Kneler Volund Field (35%) Contingent Resources: East Kameleon branch wells Gekko EAST KAMELEON Kobra EAST KNELER Prospective Resources:…
Alvheim WF9066 01.07
Alvheim Subsea Installation Subsea installation finished except wells tie-in to manifolds Diving vessel secured for campaign in 1Q before First Oil (Technip) Buoy installed offshore and ready for hook up into turret WF9066…
Alvheim Deep Base Cretaceous TWT 4-way Dip Closure Petroleum System Stratigraphic Closure (showing stratigraphy, sources, Gross Prospect: 210 1120 2036 Bcf Recoverable SSW NNE seals, reservoirs) BCU T.Heather…
Alvheim Development 13 Production Wells (5 Multi-Laterals) 2 Water Disposal Wells 5 Drill Centres (incl water disposal) Pilot holes Increased branch wells since PDO from 3 to 5 and more pilot holes WF9195 01.07
Kneler Development Drilling KNELER 2 3 6 Tot.Length 1337 1258 1756 Net Length 1176 1148 1474 Kn-3 N/G 88% 93% 87% Kn-2 Av.Por 26% 24% 27% P Stand off 34m 29m 21m P Kn-5 Kn-6 Pilot Kn5: P Lower N/G than prognosis Kn-7…
Volund - PL150 Operator Marathon Lundin Petroleum interest 35% The PDO approved by King in council Estimated Capex NOK 2.8 billion (gross) for Volund Contracts awarded and drilling rig secured First oil estimated to 2Q 2009…
Ibsen Prospect - PL150 437000M E 440000M E 445000M E 6596000M N 6596000M N 2105 50 25/7-5 050 21 05 21 210 2104 2150 220 21 0 Volund Outline 2 150 B 10 2 0 6595000M N 25/7-6 6595000M N…
Peik - UK/Norway 50% of NCS Block 24/6a 33.3% of UK Block 9/15a and b 85 % of UK Block 9/10b West Operated by Lundin Petroleum Deep Jurassic HTHP reservoir WF9262 01.07
PL292 (Phi) PL 292: BG operator 60% , Lundin Petroleum 40% MAY Varg 22 7 8 Armada Licence obligation to drill exploration well within 2008 PL292 (Phi) BG 60% (Op) Lundin 40% (NPD approved 1 year extension due to rig delay)…
PL148 7/7-2 (Nemo) TOP GYDA RESERVOIR MAP 0 500 1000 1500 2000 2500m 7/7-2 Statoil 1992, oil down to 1:63457 ODT -3323 DST 5000 bbl/d, 36 API, P1 Pressure 626 bar 3310 m SS 7/7-3 Statoil 1993, only shows (water up to) Depth…
PL006c - South East Tor 9k m Lundin Petroleum 75%, Noreco 25% 15k m (Noreco carries 220MNOK from 1/1-2006) Op.: CoP 30 km Discovery well 2/5-3 tested 4500 bbl/d in two intervals Large span in STOOIP and reserves Op.:BP…
PL340 Prospective Resources Lundin Interest: 15% (Operator: Marathon) Heimdal structure A Geosection - 340 Lead/prospects B Top Balder Fm Top Sele Fm Top Lista Fm Top Balder Fm Injectites () Frosk and Padde Top Seler…
PL304 Lundin Petroleum interest: 60% and operator The partner Endeavour can swap a Bredford Dolphin slot in Autumn 2007 J1 25/7-2 25/7-4s T2 Aegis Aegis J2 25/10-2 25/10-6 25/10-2 25/10-7 J3 -8 Hanz West Hanz…
Lundin Marathon Cooperation on Songa Dee Two year contract, with one year option from 1Q 2009 Lundin Petroleum share is 50% Lundin Petroleum: Use external resources for drilling organisation Rig type: MD-602, 1800, 15K and…
Major North Sea Exploration Activity - 2007 Norway Licence Interest Operator 2007 Drilling g ca a se ecu e cu c ured u e d forr 2007 00 0 7 we 217 218 21 18 219 219 220 6 220 620 6203 6203 6204 62 204 PL103 (Jotun…