Gas Reserves West of Bioko Island Block R Ophir Energy plc Equatorial Guinea Gas Conference March 2009
Diverse African portfolio SADR x4 Operator Predominantly deepwater Somaliland x1 Operator 5th largest l t nett d deepwater t acreage holder h ld 16 projects in 8 jurisdictions Experienced management team Strong St…
Lack of deepwater drilling rigs was identified as a significant threat to delivery of Ophir strategy. Ophir has completed rig share agreements with ExxonMobil Corporation Inc. (Exxon) to secure access to deepwater rig time. After…
Well Frake Noir Five wells in 86 days (excluding mobilisation). Spud Date 16.09.2008 Water Depth 633m Two gas discoveries - Fortuna & Lykos. TD 2 302 RT 2,302mRT First use of Surface Blow Out Preventer (SBOP) on drillship. Well…
250.0 Deep Venture 2008 200.0 Deep Venture 2008 150.0 Days Total D 100.0 50.0 0.0 0 500 1000 1500 2000 2500 3000 3500 4000 4500 Drilled Depth m Ophir Deep Time vs Drilled Depth for deepwater wells, West…
Ophir Energy plc Equatorial Guinea: Block R Fortuna-1 300m gas column Lykos-1 26m gas column
EG-1 EG-3 Block R EQUATORIAL GUINEA Limit of 3D seismic coverage Block 3 BLOCK R Awarded A d d - April A il 2006 JV Ophir 80%, GEPetrol 20% Area 2,681 sq km Water Depth 1,300 m to 2,600 m Equatorial…
Block: Block R - Equatorial Guinea Prospect: Fortuna Area: 20 to 50km2 WD: 1,720m DBML: 850m Play type: Stratigraphic - Fan System Strat Age: Mid Miocene Gross column: 300 m in well Content: Dry gas Fortuna Regional NW-SE…
Geo-anomaly Tracking Fortuna Fan Geo anomaly Tracking Geo-anomaly The Fortuna-1 well penetrated only one of several fan sequences that share similar seismic characteristics. The reservoir geometry appears to be broadly…
Fortuna Fan Animation
3D RMS Amplitudes Fortuna-1 2 km TopFan Structure and Contours Location Limit of 3D seismic Limit of Fortuna Fan EGWG Stratigraphic Pinch Out G98-218 2D Seismic line 2D Seismic line EGWG98-207 5k 5km 5km…
Block: Block R - Equatorial Guinea Prospect: Lykos Bright amplitudes over crest WD: 1,536m DBML: 760m Play type: 4WDC Strat Age: Mid Miocene Gross column: 28 m in well, proj 70m at crest Content: Dry gas Block R 3D survey Gas…
L k Lykos-1-R3 1 R3 Intersected 29m Gas Column GWC 1 GWC 2 Proven GWC 2170mRT GWC 3 Water wet sand Lykos penetrated very high quality sand below the first GWC which is linked with a prominent un-drilled flat spot…
Gas Anomalies M t structural Most t t l closures l in i Block Bl k R have seismic evidence of gas charge similar to that encountered at Lykos. Lykos Primary reservoir at Lykos has c 100 Bcf of recoverable gas. gas Upside…
Subject to the receipt of usual consents and clarification of investment terms the West Polaris is available for further drilling during 2H 2009 and 2H 2010. Dual derrick design is particularly well suited for Block R West…
Oreja Marina (Gas Disc.) Silenus Suggested Additional Estrella de Mar-1 3D Seismic (Gas Disc.) Disc ) Fortuna-2 Silenus West Fortuna Stepout Nike Helius Fortuna-3 Possible 2009 Block R Drilling & 3D Seismic
The Block R Joint Venture has demonstrated the presence of two separate gas p g plays y Fortuna: stratigraphic fan play with 2Tcf potential and probable look- alikes along strike Lykos: thrust related structural closure with…
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