Strategic focus Currently Future E&A will continue to be the companys primary focus Focus on E&A Not averse to holding producing assets to help provide cashflow sustainability Offshore, deepwater basins are expected to be the…
Ophir Business Model Focused on maximising Returns on Investment Exploration and appraisal: High-risk high-reward, rapid value accretion in the exploration and appraisal phase Pre-drill farm-out opportunities to manage risk…
2013 and into 2014 8 exploration and appraisal wells drilled in the period 2 successful exploration wells, Mkizi and Ngisi (Tanzania) 2013 Exploration and Appraisal 4 successful appraisal wells drilled, 3 DSTs performed in Tanzania…
2014 Drilling Programme1 Several play opening wells being drilled Pmean CoS 2014 Ophir Country Block Name Well Name (MMBOE)3 (%) Q1 Q2 Q3 Q4 WI High Impact Wells Gross Net Up to 5 play opening Gabon Ntsina Padouck Deep x wells Each…
Multiplier effect from success on new plays 4Bboe of total net resource potential in plays being targeted by wells in 2014 Gabon Gabon East Pande EG Liquids Kenya L9 Pre-Salt Ogoou Delta Net Unrisked Play c.1.2Bboe c.0.6Bboe…
Expanded Gabonese position Multiple plays, high-impact drilling during H1 2014 Legend Play 1: Pre-Salt The permits are located in the North Gabon basin, proximal to Play 2: Deep-water significant oil discoveries Play 3:Ogoou…
2014 Exploration: Affanga Deep-1 Affanga Deep WD (m) 674 TD (mSS) 4,500 CoS 20% Recoverable Res Est P90 Mean P10 (Primary Targets) Oil (mmb) 68 170 298 Cenomanian Upside Affanga Deep-1 9
2014 Exploration: Okala-1 Okala-1 Okala Okala-1 Okala N S W E Surface Location: Inline 2271 Xline 4986 WD (m) 790 X 461631 Y 10000222 Lat 00 00 07.23S Long 08 39 18.68E TD (mSS) 4,700 CoS 23% Recoverable Res Est P90 Mean P10…
Pre-salt follow-up potential Significant upside on success beyond Okala and Padouck Deep B Seafloor Further leads and prospects have been identified Miocene Unc on the Stenella 3D L Eocene Unc Top Turonian The remaining leads…
Blocks 1,3 & 4 Overview Over 15 TCF discovered to date, underpins 2 Train LNG project Fourteen out of fourteen successful exploration and appraisal wells drilled by Ophir/BG JV since 2010 Discovered resource now in excess of 15 TCF…
East Pande Overview Greatest potential for oil offshore Tanzania Ophir has a 70% operated interest in the Viazi Ndimu East Pande PSA with Rak 30% PMean 1.5 TCF Pmean 0.9 TCF Covers an area of 3,250km2 in water depths up to…
2014 Exploration: Tende Primarily prospective for gas, but could have liquids potential Tende Prospect Transgressive sand Canyon WD (m) 680 backfill TD (mSS) 4,200 +ve AVO Expression CoS 15% Primarily prospective for gas Recoverable…
Equatorial Guinea Block R Overview 2.5Mtpa FLNG development, added upside potential from a deeper liquids play Ophir Energy holds an 80% Interest in Block R, which is 2,450km2 in water depths from 600m- 1,950m Located in south…
EG FLNG Significantly boosts project NPV Why FLNG Project Schematic Faster route to market Lower cost of production compared to terrestrial LNG train, leased vessel Flexible field development, staged upstream capex Expandable vessel…
EG FLNG - Commercialisation Value Chain Upstream Midstream Downstream LoI signed with Petrofac to act as Shortlisted vessel providers Ophir and Ministry to commence Sign MOU with midstream partners Milestones Near-Term…
New licence acquisitions Myanmar offshore licensing round Myanmar Awarded a 95% interest in Block AD-03 Located in the Rakhine Basin on trend with the 9+TCF Shwe gas field Initial exploration period c2 years. Re-processing 2D seismic…
Outlook for 2014 Up to 10 wells planned in 2014 Targeting a mix of high-impact new plays (mainly oil prone) and lower risk volumes High Impact Drilling Programme on proven acreage in Tanzania and Equatorial Guinea Net unrisked mean…
AGM Presentation 21 May 2014 20
Results of the Annual General Meeting proxy voting The results of all valid proxy votes submitted prior to the Annual General Meeting (AGM) of Ophir Energy plc held today, Wednesday 21 May 2014 are set out below In Favour Discretion…
Contact: Richard Rose Corporate Communications & Strategy Ophir Energy plc Tel: +44 (0)20 7811 2473 Email: richard.roseophir-energy.com 22
Loading...
