InterOil Corporation Upstream, Liquefaction and Condensate Stripping Plant Wayne Hamal - General Manager Exploration & Production November 2010 1
InterOil Making a difference in PNG InterOil committed to an exploration program based on State incentives in 2003. We hold 3.9 million acres and have spent over US400 million in a mostly abandoned frontier area. In 2006 InterOil…
InterOil Added 889 mn BOE of Contingent Resources in 2009 Case 1,600.0 Condensate * Sales Gas * 156.5 1,400.0 As at 31 December, 2009 Low Best High 1,200.0 Original Gas-In-Place (tcf) 9.65 11.03 12.54 1,000.0 mmboe 800.0…
Flow Rate Comparison of Elk/Antelope Wells Flow Test Natural Gross Net Percent Production Well Gas Reservoir Reservoir Pay Tubing OD Condensate 102 MMcfd Elk-1 620 Ft. 88 Ft. 14% 5.5 inch 510 BCPD 105 MMcfd Elk-4 600 Ft. 166…
Top 10 Papua New Guinea Oil & Gas Fields Oil Fields1 Gas & Condensate Fields1 Oil Solution Gas Condensate Natural Gas MMSTBO BCF MMBC BCF MMBOE Elk & Antelope2 156.5 8,120 1,509.8 Hides 101.0 5,371 996.2 Kutubu 348.6 1,722 635.6…
2010 Achievements Increased Certified Resources in the Elk/Antelope fields with GLJ from 4.7 to 10.6 Tcf of Gas-in-Place Enhanced the understanding of the Antelope reservoir with 2 horizontal wells drilled from Antelope 2 well along…
Drilling Antelope 2 Well Summary Drilled vertical well to 2465 meters MD Drilled Horizontal 1 to 3201 meters MD, an additional 1055 meters resulting in 934 meters lateral away from the vertical well in WNW direction Drilled…
Antelope 2 Wellbore Schematic 10
This is not your everyday drilling operation Once drilled into the reservoir there is reservoir pressure constantly at surface Dual DDVs have been run to insure safety and continuous operations (first ever) Ran 7 dual DDVs then pulled…
Elk/Antelope Field Upstream Development 12
CSP Layout With Expansion Potential Revised Case Fig. G Phase-1 Only (w/o Amine) Fig. H All Phases (w/o Amine) 13 ELK-ANTELOPE DEVELOPMENT CONDENSATE STRIPPING PROJECT 13 G/A ALTERNATIVES
Proposed Upstream Development Petroleum Development License CSP No.1 450 MMSCFPD Up to 7 additional wells Gas Pipeline Upstream JV Equity Gathering Pipeline Condensate Stripping Condensate Pipeline Plant Condensate…
Construction Projects Six key projects are either underway or in the planning stages I. Pipeline right-of-way from Elk Antelope field to the CSP a. Access track to field for Huskys II. CSP/Herd Staging development III. Pipeline…
Additional Proposed Construction Operations Well location construction Rig moves co-share with drilling In field track construction to well locations Equipment maintenance At Herd At Napa Napa In field 17
18 Elk/Antelope Elk/Antelope Field Monetization (I) Pipeline - Field to CSP (II) CSP/Herd (III) Pipeline CSP to Coast (V) LNG/Condensate jetty (VI) Napa Laydown/Wharf (IV) LNG 18
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In Summary Resource has been solidified CSP has been significantly progressed LNG has been defined 2011 is all about development execution and performance and maximizing value of our extensive exploration acreage 21