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OPERATIONS UPDATE – Ophir Energy Plc

Ophir Energy Plc · Nov 1, 2010 · 21 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. OPERATIONS UPDATE – Ophir Energy Plc – slide 1
    An Independent Deepwater Player Operations Update Africa Upstream Cape Town November 2010
  2. OPERATIONS UPDATE – Ophir Energy Plc – slide 2
    Senegal x3 SADR x4 Rufisque, Sangomar, Daora, Haouza, Mahbes, Mijek Sangomar Deep *Op Op 25% Op 50% 7,500km2 73,000km2 AGC x1 Somaliland x1 AGC Profond Berbera **Op 53% Op 75% 9,800km2 16,000km2 JDZ x1 1 Tanzania x3…
  3. OPERATIONS UPDATE – Ophir Energy Plc – slide 3
    Senegal Somaliland Farm in option with FAR Acquired 2D seismic Limited to be exercised post offshore and d illi drilling off fi firstt AGC well ll aeromagnetic onshore Surface geology study AGC Farm a out to Rocksource oc sou…
  4. OPERATIONS UPDATE – Ophir Energy Plc – slide 4
    Senegal Corporate & New Ventures Somaliland Technical evaluation Potential IPO Acquire onshore 2D and integration of Kora seismic Organic g p portfolio g growth well ll results lt Corporate portfolio growth Prospect selection…
  5. OPERATIONS UPDATE – Ophir Energy Plc – slide 5
    2008 3 Wells Block R 2 Gas Discoveries 1,600km2 Evidence of Oil Charge Ophir (Operator) 80% GEPetrol 20% 2009 1,000km2 3D Seismic Conceptual Field Design 2010 Gas Terms 2011 Drilling & Production Testing Testing* *subject to the…
  6. OPERATIONS UPDATE – Ophir Energy Plc – slide 6
    Lykos-1 Lykos 1 Crestal four way dip B th Bythos-1 1 Fan system closures Fortuna-1 stratigraphic traps Targett Interval Deep thrust related closures Rocks pal Princip Source R 2008 drilling campaign 3 wells in 45…
  7. OPERATIONS UPDATE – Ophir Energy Plc – slide 7
    Fortuna-1 Probable Gas:Water Contact Dip The Fortuna gas bearing reservoir is very well defined on seismic amplitude volumes The discovery well is a considerable distance updip from Probable Gas:Water Contact the main…
  8. OPERATIONS UPDATE – Ophir Energy Plc – slide 8
    Click image to animate - The sequence begins with a perspective view of a surface through the Fortuna Fan, overlaid with seismic amplitudes, before progressing through an animation within the seismic volume and ending with a three…
  9. OPERATIONS UPDATE – Ophir Energy Plc – slide 9
    Fortuna Discovery Following Fortuna-1, a new 3D Area: 44 km2 seismic i i survey was acquired i d to t image the fan and search for Volturnas Prospect analogous prospects. The 3D volume acquired and processed by Western…
  10. OPERATIONS UPDATE – Ophir Energy Plc – slide 10
    The Lykos discovery is also associated with an anomalous seismic response caused by the presence of gas gas. Lykos-1 GWC 1 The Lykos-1 well did not test GWC 2 deeper p seismic anomalies ((GWC GWC 3 2 & GWC 3) which offer some…
  11. OPERATIONS UPDATE – Ophir Energy Plc – slide 11
    The gas response on seismic provides a measure of confidence in estimating potential volumes. Yet to find (YTF) Current resource estimates require confirmation by further exploration and appraisal drilling. Fortuna Fan: 1.0 to…
  12. OPERATIONS UPDATE – Ophir Energy Plc – slide 12
    2008 4,000km 2D Blocks 1, 3 and 4 3,500km2 3D 27,000km2 2009 Mtwara Port Development and Ophir (Operator) 40% Mid-stream Commercial Structure Seychelles BG 60% 2010 3 Exploration Wells Comoros Barquentine i Collier…
  13. OPERATIONS UPDATE – Ophir Energy Plc – slide 13
    Deepsea Stavanger Currently drilling offshore Tanzania 1st well - Pweza-1 Gas Discovery
  14. OPERATIONS UPDATE – Ophir Energy Plc – slide 14
    There are a variety of structural and stratigraphic trapping styles recognised in Blocks 1, 1 3 and 4. 4 Prospect 1 Prospect 2 Interpreted Fluid Contact Some of the prospects are supported by the presence of potential…
  15. OPERATIONS UPDATE – Ophir Energy Plc – slide 15
    2009 Rocksource Deal and CSEM Survey AGC Profond 2010 FAR Limited Deal 9,838km2 2011 1 Exploration Well Ophir (Operator) 53% Rocksource k 25% Rufisque Government 12% Offshore Senegal FAR Limited 10% Sangomar Sangomar Offshore…
  16. OPERATIONS UPDATE – Ophir Energy Plc – slide 16
    Maersk Deliverer Contracted for 1 well AGC 1Q 2011
  17. OPERATIONS UPDATE – Ophir Energy Plc – slide 17
    112km W Dome Flore Field E 1Bbbl Heavy H Oil Field Fi ld Potential Outboard Oil Kitchen Proven Inboard Oil Kitchen AGC Profond - Generic Play Elements
  18. OPERATIONS UPDATE – Ophir Energy Plc – slide 18
    NW SE Structural style in the AGC is dominated by toe thrusts and salt diapirism. The combination provides a target rich environment for both structural and stratigraphic plays. Toe-thrust related play types Potential…
  19. OPERATIONS UPDATE – Ophir Energy Plc – slide 19
    The Kora prospect is a four way dip closed structure above a salt cored co ed toe th thrust. st Primary and secondary reservoir objectives are both Cretaceous in age. There are several follow up p prospects. Kora Prospect…
  20. OPERATIONS UPDATE – Ophir Energy Plc – slide 20
    Senegal Corporate & New Ventures Somaliland Technical evaluation Potential IPO Acquire onshore 2D and integration of Kora seismic Organic g p portfolio g growth well ll results lt Corporate portfolio growth Prospect selection…
  21. OPERATIONS UPDATE – Ophir Energy Plc – slide 21
    55 Grosvenor Street 464 Hay Street London W1K 3HY Subiaco WA 6008 United Kingdom g Australia infoophir-energy.com www ophir energy com www.ophir-energy.com

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