Locations The Netherlands: United Kingdom: 6 onshore production licences 2 producing oil fields 1 offshore production licence 12 onshore exploration licences 3 onshore exploration licences 1 offshore application 4 gas fields in…
Revised Strategy for Growth Revised growth strategy to accelerate activity level in the development of our large asset position which is predominantly in Italy and The Netherlands (Slide 4). In order to implement this strategy,…
Appraisal / Exploration Projects to be Accelerated Italy: 2D seismic surveys over Southern Adriatic Sea (Slides 12-13) & Crotone Basin in the Ionian Sea (Slide 14) licences The Netherlands South (Slide 8): North Ottoland…
United Kingdom Non Core Area New Developments Exploration Divestment Process: PEDL 256/155 Havant Oil Envoi Limited instructed to handle the New Developments Existing Discoveries process of selling two Northern PEDL 126 Markwells…
The Netherlands Producing fields (average for Q1) Waalwijk 95 net boepd P12 100 net boepd Drenthe IV- Grolloo 540 net boepd Drenthe III Geesbrug 520 net boepd GasTerra Contracts (commodity basket pricing formula) Reserves under…
Proven Reserves Production Forecast Existing Developments 6000 Proven Oil Under-Development Proven oil under development: Ottoland Proven Gas Under-Development 5000 Papekop Proven Developed Producing Proven gas under…
The Netherlands South Contingent Resources (P50) for Kerkwijk, Willeskop, Meerkerk and North Ottoland discoveries: Gross: 81 billion scf Net: 42.9 billion scf Prospective Resources (P50) for Everdingen South, Meerkerk South…
The Netherlands - North AGM Presentation June 2010 9
Italy Portfolio in excess of 18,750 km which is equivalent to over 85 North Sea blocks 26 Licences and preliminary awards of which 5 onshore and 21 offshore exploration licences Good fiscal terms corporation tax 33% and low…
West of Sicily Thrust and Fold Belt Shell farmin to 6 permits with Northern as operator. 3D seismic being processed with drill decision expected Q4 2010. Prospective resources (P50). Gross: 2.75 billion barrels Net: 1.05…
Southern Adriatic Sea Oil Prospects & Reserves 2D seismic survey 2010/11 Farmout process post seismic 53.16 million barrels of Probable Reserves in Rovesti and Giove discoveries Prospective Resources (P50) Gross: 3.75 billion…
Southern Adriatic Sea Gas Prospects 2D seismic survey 2010/11 Farmout process post seismic. Prospective Resources (P50) Gross: 9 trillion cubic feet d71F.R-.NP and d72F.R-.NP are adjacent to the Cairn operated Albanian…
Crotone Basin in the Ionian Sea 3 gas discoveries in the preliminary awarded licence d59FR-.NP. Intention to purchase/acquire 2D and 3D seismic following decree (full award) of licence. Farmout process post seismic…
Po Valley La Tosca prospect on the Longastrino licence planned to be drilled in 2011 subject to farmout 38 billion scf Gross Prospective Resource (P50) AGM Presentation June 2010 15
Guyane Northern has 1.25% beneficial interest. Tullow Oil is the operator with a 39.5% interest. Tullow Farmed out to Shell 33% and Total 25%. Large 3D seismic survey currently being processed over the eastern slope leads…
Explorer, Producer and Developer AGM Presentation June 2010 Slide 17