Skip to main content ANNUAL AND SPECIAL MEETING – Pan Orient Energy Investor Presentation | Shale Experts
Loading...
Pm

ANNUAL AND SPECIAL MEETING – Pan Orient Energy

Pan Orient Energy · Jun 17, 2014 · 30 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. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 1
    Page 01 Annual & Special Meeting June 17, 2014
  2. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 2
    Highlights Page 03 CANADA First Steam injection commenced at Sawn Lake Canada the Sawn Lake, Canada, SAGD SAGD Demonstration project. Project THAILAND 60% increase in YE 2013 Proven reserves & 38%-increase in Proven+Probable…
  3. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 3
    2013/14 Seismic Set the Stage for Future Exploration Page 04 L53: 100% POE Operated 260 km2 3D Seismic 6.5MM Identified the A North prospects Drilling Q3/14 Batu Gajah PSC: 100% POE Operated 400 km2 3D Seismic 15.3MM High graded the…
  4. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 4
    Asset Portfolio Page 05 Seismic Drill Ready Prospects Drilling/Pilot Reserves Success Case Relative Value Angun Prospect 34MM to drill (100% basis) Raka Prospect 29.5MM 2D/3D Seismic Takar Prospect L53 Exploration Sawn Lake SAG-D…
  5. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 5
    L53 Thailand Page 06 U-Thong Oilfield 3 fields discovered to date Oil Kitchen B L53 1.5 MM bbls 2P reserves A North Prospects December 31, 2013 A Central Dry Hole 2013 3D Two low risk reserve addition opportunities at L53-D East to be…
  6. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 6
    Thailand L53 Production Page 07 Well IPs of 250-1,000 BOPD 10 days to drill and complete L53-G Discovery L53-D Discovery 1.6MM/well completed for L53-G PL Granted production Stacked multi zone L53-A Appraisal Cum production to YE/13 of…
  7. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 7
    Thailand L53 Cash Flow Metrics Page 08 Pan Orient Estimated Annualized Concession L53 2014 Cash Flow (Cdn millions) Based on US Brent & Oil Sales per Day 60 50 40 30 20 10 - 500 BOPD 1,000 BOPD 1,500 BOPD 2,000 BOPD 2,500 BOPD US70…
  8. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 8
    L53-D East Undrilled Compartment Page 09 A A Undrilled Compartment 2012 1P 2012 2P A 2013 OWC 2013 OWC 7 Targets A Undrilled A4 Oil Compartment 0.5 km Proven oil bearing sands
  9. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 9
    Concession L53 A North Prospects Page 010 The A North prospects are a group of structural closures (6) with a combined maximum areal extent of approximately 9.76 km2 U Thong Field 4.5mm BBLS Cumulative production Full coverage by 3D…
  10. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 10
    L53 A North Prospect Page 011 W A North West E A North A North East A North East 2 Stacked Multiple sands W E 4.5 km
  11. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 11
    L53 A North East Prospects Page 012 N S Main Target Sands A North East Prospects 6.0km N S
  12. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 12
    East Jabung PSC - Indonesia Page 013 East Jabung PSC (POE 100% & Operator) Large resource potential 1 prospect + 5 leads Seeking 50% WI partner 65%GOI/35% POE profit split on oil best in Indonesia 60%GOI/40% POE profit split on gas…
  13. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 13
    East Ketaling Graben Page 014 Very Large depo-center with a East Jabung PSC 997km2 area within the main oil and gas window Anggun Prospect Lightly explored due to remote location in the Merang Triangle Two fields sourced from this Main…
  14. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 14
    Anggun Prospect Page 015 A Anggun-1 A 103 km2 ABF Sandstone Target A Gumai Sandstone Target Anggun-1 Batu Raja Reef Target 1,300m planned TD A Stage 1 Reef Outline Stage 2 Reef Outline BRF Time Structure Forestry Approved Locations
  15. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 15
    Batu Gajah PSC Prospects Page 016 Batu Gajah PSC after Batu Gajah PSC (POE 77% & Operator) Batu Gajah PSC last relinquishment Pan Orient 3D Seismic 2013 Gas Fields Gas Fields Large resource potential 6 Oil Fields prospect 4 drill…
  16. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 16
    Akatara Extension Page 017 Ramba Energy the operator of the Lemang PSC directly adjacent to the Interpreted Maximum POE operated Batu Gajah PSC recently 17.4 km2 announced the third successful well in Akatara-2 TD location Oil and Gas…
  17. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 17
    Raka Prospect Page 018 Tiung-1 (Shell 1988): 4.5MMcfg/d Tiung-2 (Shell 1988) drilled 100 m downdip from Tiung-2: 35MMcfg/d (80% CO2) Tiung-1 From Tiung-1 pressure data: Estimated O/W: -2123m SS Tiung-2 Estimated G/O contact : -1920m SS…
  18. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 18
    Raka Prospect Page 019 A A Raka-1 Tiung-1 Tiung-2 Top UTAF Sand Absent LKG -1999m 0.9 km2 Raka-1 Sand Proposed Well Pinchout A A Pressure Calculated OWC -2123m 32 km2 Depth Structure UTAF
  19. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 19
    Raka Prospect Page 020 A A Tiung-2 Raka-1 Tiung-1 Tiung-1 Top UTAF Tiung-2 A UTAF Absent LKG -1999m 0.9 km2 Raka-1 Proposed Well Pressure Calculated OWC -2123m 32 km2 A Depth Structure UTAF
  20. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 20
    Takar Prospect Page 021 Time Structure Intra ABF High side Manismata-1 well was drilled compartment 7.9 km2 by Shell in 1989 at a time Manismata-1 when a market for gas in this area of Sumatra did not exist A Down thrown A 32 m of net…
  21. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 21
    Takar Prospect Manismata-1 Well Gumai/ABF Page 022 Gas Wet Gas Gas Gas Likely Gas Likely Gas Net Pay: 37m Ave Poro: 23.55
  22. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 22
    Takar Prospect Lower Talang Akar Page 023 Below the 32 m of net gas pay in the ABF, another 37m of net gas pay was interpreted in the LTAF sands Multiple DSTs run over the Manismata-1 LTAF sands resulted in very low inflow. Shell…
  23. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 23
    Manismata LTAF Page 024 200 meters Pressure data from DSTs suggests a substantial (200 meter) gas column that conforms to a mapped structural closure on the new 3D
  24. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 24
    2014/15 Asia Work Program Page 025 If June 30 EIA Approval If July 30 EIA Approval
  25. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 25
    Sawn Lake, Alberta, Canada Page 026 Sawn Lake Contingent Resources at December 31, 2013 (Pan Orients 71.8%) Millions of barrels of Heavy Oil - SAGD High Best Low R24 R1 Sawn Lake 180 154 140 T98 W5 Meridian 5th Andora Energy…
  26. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 26
    Sawn Lake Oil Sand Leases Page 027 Sawn Lake North 10% of 51 sections (non-operated) 100% of 9 sections 1.5 MMbbls Best Case contingent resources net to Andora Sawn Lake Central 50% of 12 sections Designated Operator 138.7 MMbbls Best…
  27. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 27
    Demonstration Project Phase 1 Page 028 Phase 1 First step in determining commercial viability of SAGD in this bluesky reservoir Provide indication of productivity of reservoir & stream / oil ratio SAGD well pair drilled in 4th…
  28. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 28
    Demonstration Project Phase 1 Page 029 May 21, 2014 Commenced steam injection on injector & producer at 25-30 tons/day per wellpair After 3 months of steam injection, bitumen production anticipated in August 2014 Phase 1 economics…
  29. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 29
    Demonstration Project Phase 2 Page 030 Phase 2 Expansion 2014/2015 Obtain additional technical information Enhance economics by utilizing 7-30 SAGD facility for potential additional two SAGD well pairs Test proprietary water recycle…
  30. ANNUAL AND SPECIAL MEETING – Pan Orient Energy – slide 30
    Contacts Page 031 Pan Orient Energy Corp Suite 1505, 505 3rd St SW Calgary, Canada Telephone: +1 403 294-1770 Fax: +1 403 294-1780 www.panorient.ca

From the store

Browse maps, data & reports in the Shale Experts store