FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview August 2013
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
North West Shelf - 17 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Rankin Jansz/ Trend Scarborough Io Clio Gorgon Port Hedland…
Carnarvon Basin - 6 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Carnarvon 3D seismic: WA-468-P WA-450-P** = 230 km2 plus two 3Ds 100%* WA-418-P = 1,520 km2…
Growth driven by new 3D seismic data AC/P 56 AC/P 55 Bayu/Undan 100%* 100%* WA-446-P AC/P 44 100%* 100%* AC/P 52 20% AC/P 45 100%* Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance…
Expertise Jan Ostby 30+ years of experience in the non-exclusive seismic and oil industry. Managing Director Founding partner in Seismic Australia which was acquired by Fugro in 2000. Jan has been the Managing Director since founding…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
Phoenix South - WA-435-P - Finder 20% WA-435-P WA-436-P Phoenix-2 20% 50%* Not in closure Broome Phoenix-1 Roc Phoenix Phoenix 3D = 1,100 km2 Sth 12 km2 81 km2 Nebo Roc Phoenix South Bewdy Bottler WA-437-P WA-438-P 76…
Cronus - AC/P 52 - Finder 20% Cash/ Maple 3D = 517 km2 Puffin pSDM Skua 140 km2 Crux Cronus AC/P 52 20% Argus Poseidon Concerto/ Prelude Cornea Torosa Ichthys 3D visualisation of Oxfordian (Jurassic) depth surface…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
WA-412-P - Finder 35% Kanga Prospect WA-412-P 35% Nebo Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend KA to KV isochron showing existing fields and Kanga 3D initial pSDM viz of composite top reservoir…
Kanga Prospect pSDM arbitrary line Lacerta-1 Lacerta tested a truncation play, no base seal encountered However, fluorescence whilst drilling + FIS anomaly suggest oil migration TWT (msec) T Kanga is: KA a robust structure…
WA-468-P Finder 100% Nebo WA-468-P 100%* Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend Nebo JS (Sinemurian) Transgressive Surface Depth Map (m) look a likes Nebo-1 Structural oil/gas play New play…
WA-445-P Finder 100% Malmsey-1 Malus-1 3D = 500 km2 Rankin Angel 2,200m Trend pSDM Wheatstone Jansz/Io Othello Prospect WA-445-P 100%* Clio 3,000m Gorgon Muderong Shale - regional seal Zola Dampier Griffin E sands…
EP 483 & TP/25 - Finder 100% Rankin 2 km Angel Trend Wheatstone Jansz/Io Upper Birdrong Clio Barrow Gorgon TWT Zola Dampier Biggada Griffin EP 483 & TP/25 100%* Macedon Onslow Upper Nimrod Triassic S N…
L11-5 (STP-EPA-0055) Finder to be 100% McLarty-1 Edgar Range-1 Cyrene-1 Edgar Range-1 McLarty-1 Permit Year Zero - 4,610 km2 Permit - award following Native Title negotiations Liquids rich shale play (Goldwyer III -…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
AC/P 45 & 55 - Finder 100% - Zeta Cash/ 3D = 864 km2 Maple Puffin JO Skua Zeta Permian Gas Triassic Crux AC/P 45 TR Argus 100%* Permian Poseidon Concerto/ Prelude Carboniferous & Older Cornea parallel substrate W E…
AC/P 45 & 55 - Finder 100% - Zeta AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Greater Zeta JO Gamma Zeta Swan Omega Zeta Iota Puffin Permian Gas Kappa Skua Eta Lambda Triassic Omicron Alpha Theta Epsilon Chiron…
AC/P 45 - Finder 100% - Alpha Delta-1 Cartier 3D extraction - Full stack Cash/ 3D = 864 km2 Maple Alpha prospect Puffin Skua Crux AC/P 45 Puffin targets 56T Argus 100%* T 67T Poseidon Concerto/ 68T Prelude KC Cornea JO…
AC/P 55 Finder 100% AC/P 56 AC/P 55 JO TWT North 0 50 Bonza km Cracker Cartier Greater Zeta Trough JO TWT (sec) Gamma Zeta Swan Omega S Iota Puffin Kappa Skua Eta Lambda Omicron Alpha Theta Epsilon Chiron…
AC/P 44 & 56 - Finder 100% - Omega AC/P 56 Cash/ Shallow Amplitude Shallow Amplitude 100%* Maple hard Velocity Push 3D = 731 km2 Puffin 1 sec Down Gamma pSDM Skua Omega Prospect soft Prospect flatspot KC Crux 2 sec JH…
AC/P 44 & 56 - Finder 100% - Omega W pSTM in time E pSDM in depth with velocity overlay velocity slow = gas 0.5 sec Miocene DHI 1,000m 2,000m 1.5 sec velocityvelocity slow = slow = gas hydrocarbons Lw Cret. / Brewster Fm…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
Bonaparte Asset Bayu/Undan Durville LaPerouse WA-446-P Ascalon 100%* Darwin Petrel Prometheus/ Rubicon Tern Troughton Is Blacktip Moving to define the portfolio Page 38
WA-446-P - Finder 100% Bayu/Undan WA-446-P Footwall WA-446-P leads 50 km2 Durville 100%* LaPerouse Petrel Prometheus/ Rubicon Tern Blacktip Gull North Awarded in May 2010 - Permit Year 4 accelerated 2D…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Committed drilling 3. Carnarvon Basin, Bedout Sub-basin and Canning Basin…
Finder - realising the vision FIND OIL AND GASthrough drilling Prospect Permit Spud Date Olympus WA-450-P Dec. 12 Phoenix South WA-435-P Q4 2013 Hyde WA-418-P Q1 2014 Roc WA-437-P 2014 Cronus AC/P 52 2015 And more to…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
Northern Carnarvon Basin WA-450-P Permit Overview Oxfordian depth map Permit awarded 18 June 2010 Permit Year Four looking north-east 5% Finder equity, operated by Apache Northwest (75%) + Gorgon Japan Australia LNG (MIMI) (20%)…
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Phoenix-2 Awarded on 4 August 2009 Permit Year Five Phoenix-1 Finder 20%, Apache (40% & Operator), Carnarvon 20% Roc and JX Nippon 20% in WA-435-P and WA-437-P drill…
Phoenix South (WA-435-P) and Roc (WA-437-P) Prospects Phoenix-2 Phoenix-1 Keraudren-1 240S Phoenix-1, drilled by BP in 1980 4,000m 4,100m 2,900m intersected a significant 11% porosity gas column 241T in Mid to Late Triassic…
Phoenix South (WA-435-P) and Roc (WA-437-P) Prospects Phoenix-2 Phoenix-1 Keraudren-1 240S Low risk proven gas 4,000m 4,100m 2,900m Phoenix-1 well de-risks multi-TCF structures, 241T particularly Phoenix South & Roc extracts from…
Phoenix Triassic better reservoir Phoenix-2 Phoenix-1 Phoenix Sth Mean Bandpass Sand Index 241-20ms to 245 Phoenix-1 missed the sweet spot 239T 241T 245S Phoenix Sth 246 Increasing sand potential Roc 239T…
Bedout Development Simple, low cost development - close to infrastructure Plenty of LNG demand New build; Access to recent build; or Spare capacity in NWSLNG 2020 DomGas potential plus potential to back-out DomGas obligations for…
Carnarvon Basin / North Dampier WA-418-P Permit Overview Angel Fm - Depth Map Awarded on 30 October 2008 Permit Year Five 35% Finder equity, operated by Apache Northwest Delambre-1 Large Permit (3,645 km2) with water = depth 200…
Nth Carnarvon Basin WA-412-P Permit Overview Awarded 13 June 2008 Permit Year Six Finder farmin effective 13 June 2012 for 35% WA-412P Japan Energy E&P Australia Operator with 65% 100%* Nebo pSDM reprocessing project in Year…
WA-412-P - Finder 35% & JEA 65%* Kanga Prospect WA-412-P 35% Nebo Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend KA to KV isochron showing existing fields and Kanga 3D initial pSDM viz of composite top…
Kanga Prospect pSDM arbitrary line Lacerta-1 Lacerta tested a truncation play, no base seal encountered However, fluorescence whilst drilling + FIS anomaly suggest oil migration TWT (msec) T Kanga is: KA a robust structure…
Nth Carnarvon Basin WA-468-P Permit Overview Awarded 4 May 2012 Permit Year Two 100% Operated by Finder Large Permit (4,865 km2) in mod. to deep water depth Nebo 2D seismic commitment in 1st term WA-468-P 100%* Discretionary…
WA-468-P Finder 100% WA-468-P Nebo WA-468-P 100%* Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend Nebo Nebo-1 Nebo-1 JO depth map - 200m grid with 50m for Beagle 3D look a likes Structural oil play…
JO depth map - 200m grid with 50m for Beagle 3D Messier Gretzky Anderson Gas Page 63
WA-468-P 3D seismic reprocessing comparison Original Data Huascaran-1 Nebo-1 Halo-1 Page 64
WA-468-P 3D seismic reprocessing comparison Nebo look a likes Reprocessed pSTM data Huascaran-1 Nebo-1 Halo-1 Anderson Gretzky JO JC Gas Data courtesy of Fugro Much improved fault imaging Removal of multiples below…
Northern Carnarvon Basin WA-445-P Permit Overview Wheatstone-2 Malmsey-1 Wheatstone-4 Malus-1 Lady Nora-2 Permit awarded 13 May 2010 Permit Year Four 100% Operated by Finder Othello 57 km2 Single graticular block (80 km2) B…
WA-445-P new data delivers in depth 500 km2 of reprocessed pre-stack depth migrated (pSDM) 3D seismic data across the Permit to tie in regional discoveries: Rankin Mutineer/ Exeter Trend Jansz/Io 2011 pSDM dataset confirmed…
WA-445-P new data delivers in depth 500 km2 of reprocessed pre-stack depth migrated (pSDM) 3D seismic data across the Permit to tie in regional discoveries: Rankin Mutineer/ Exeter Trend Jansz/Io 2011 pSDM dataset confirmed…
WA-445-P : Othello Prospect Oxfordian/top E sand 3D viz Malus-1 Malmsey-1 Lady Nora-2 Wheatstone-4 Wheatstone-2 WA-445-P Indicative Othello Mungaroo subcrop (base D, E & Upper F-units) D E F 2,950 4,100 Depth…
Barrow Sub-basin EP 483 & TP/25 Permit Overview Jansz/Io Permit awarded 7 January 2013 Permit Year One Clio 100% Operated by Finder Gorgon Permit 1,128 km2 in jack-up water depth Zola Dampier 3D seismic commitment in 1st term…
Surrounded by hydrocarbon discoveries Oil Chinook/Scindian 1989 149.6 MMbbls Gas 81.7 Bcf Oil/Gas 13.9 MMbbls Cond Gas Shows Oil Shows Dry Chervil-1 1985 JO TWT Griffin 1990 149.6 MMbbls Taunton-1 1991 3.3 MMbbls…
2D seismic reprocessing 3,955 line km (multiple vintages) Data just received interpretation commencing 3D Seismic 2D Marine reprocessing 3,955 km data 2D Seismic 2D transition processing 101 km data Page 75
L11-5 (STP-EPA-0055) Executive Summary Permit Overview Permit to be awarded to Finder Shale after Native Title negotiation Agreed to enter into good faith negotiations on 3 Aug. 12 Permit is 4,610 km2 in the onshore Canning Basin…
Ordovician Hydrocarbon Occurrences Superimposed on base Goldwyer 3 (base unconventional reservoir) depth map & well derived thickness (in brown) Thangoo-1A Goldwyer: oil bled from cores, Kanak-1 fluor, tr gas Willara: minor DST oil…
Maturity local wells demonstrate oil generative maturities Hedonia-1 HI vs Tmax Aquila-1 HI vs Tmax Pictor-1 HI vs Tmax 800 Type I VR=0.5% 700 Ordovician (434S-490S) Type II 600 500 HI (mgHC/gTOC) 400 300…
40 prospects and leads over multiple play levels AC/P 56 AC/P 55 0 North 50 km Cracker Fields Gas Greater Zeta Bonza Oil Gamma Swan Prospects & Leads Zeta Oliver Fm Omega Puffin Iota Puffin L. Cretaceous Eta Kappa Skua…
Browse Basin AC/P 52 Permit Overview Cash/ Maple Awarded on 26 May 2009 Permit Year Five Puffin 20% Finder, Shell farmed in for 50% (Aug 13), Sasol 30% AC/P 52 Skua Large Permit (2,170 km2) in 450 to 1,330 m water depth Drill…
What is Cronus low risk Structural closure confirmed by NEW 3D 3D = 517 km2 pSDM seismic survey Cronus Cronus maximum areal extent 140 km2 AC/P 52 Argus Montara, Plover and Nome sandstone targets Poseidon Lower Plover Fm. 670…
Large resource based on pSDM 3D data Cronus is BIG Structural closure confirmed by NEW 3D pSDM seismic survey top Lower Plover Formation reservoir at 4,360 metres sub-sea (3,620 metres below mudline) maximum areal extent 140 km2…
Many commercialisation options Through: Ichthys LNG FLNG (eg Prelude/Concerto) Browse LNG (FID H1 2013) Poseidon GTL Brownfield development will be cheaper & demand continues 72 mtpa existing & under construction Demand:…
AC/P 52 - Finder 20% - Cronus drill in 2015 AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Greater Zeta Gamma Zeta Swan Omega Iota Puffin 140 km2 Kappa Skua Cronus Eta Lambda Omicron Alpha Theta Epsilon Chiron Cronus…
Browse Basin - AC/P 45 Permit Overview Cash/ Maple Awarded on 15 April 2008 Permit Year Six 100% Operated by Finder Puffin Skua Large Permit (2,590 km2) in shallow to mod. water depth Potential for stand alone LNG (Permian &…
AC/P 45 - 2010 3D - Zeta Prospect (Permian) Cash/ 3D = 864 km2 Maple Puffin JO Skua Zeta Permian Gas Triassic Crux AC/P 45 TR Argus 100%* Permian Poseidon Concerto/ Prelude Carboniferous & Older Cornea parallel…
AC/P 45 & 55 - Finder 100% - Zeta AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Greater Zeta JO Gamma Zeta Swan Omega Zeta Iota Puffin Permian Gas Kappa Skua Eta Lambda Triassic Omicron Alpha Theta Epsilon Chiron…
AC/P 45 - Finder 100% - Alpha Delta-1 Cartier 3D extraction - Full stack Cash/ 3D = 864 km2 Maple Alpha prospect Puffin Skua Crux AC/P 45 Puffin targets 56T Argus 100%* T 67T Poseidon Concerto/ 68T Prelude KC Cornea JO…
Browse Basin AC/P 55 Permit Overview Cash/ Maple Awarded 4 May 2012 Permit Year Two 100% Operated by Finder Puffin Skua Large Permit (2,675 km2) in shallow to mod. water depth AC/P 55 100%* Potential for stand alone LNG and/or…
AC/P 55 Finder 100% AC/P 56 AC/P 55 JO TWT North 0 50 Bonza km Cracker Cartier Greater Zeta Trough JO TWT (sec) Gamma Zeta Swan Omega S Iota Puffin Kappa Skua Eta Lambda Omicron Alpha Theta Epsilon Chiron…
Browse Basin - AC/P 44 Permit Overview Cash/ Maple Awarded on 15 April 2008 Permit Year Six AC/P 44 100%* 100% Operated by Finder Puffin Skua Large Permit (2,505 km2) in shallow to mod. water depth Potential for stand alone LNG…
AC/P 44 - 2010 3D - Omega Prospect (Triassic/Jurassic) AC/P 56 AC/P 55 Shallow Amplitude Shallow Amplitude 0 North 50 hard Bonza km Cracker Greater Zeta Velocity Push 1 sec Down Gamma Zeta Gamma Swan Omega Prospect…
AC/P 44 - 2010 3D - Omega Prospect (Triassic/Jurassic) AC/P 56 AC/P 55 0 North 50 hard Bonza km Cracker Greater Zeta Gamma Zeta Swan Omega Iota Puffin soft Kappa Skua flatspot Eta Lambda Omicron Alpha Theta…
AC/P 44 & 56 - Finder 100% - Omega W pSTM in time E pSDM in depth with velocity overlay velocity slow = gas 0.5 sec Miocene DHI 1,000m 2,000m 1.5 sec velocityvelocity slow = slow = gas hydrocarbons Lw Cret. / Brewster Fm…
Browse Basin - AC/P 56 Permit Overview Cash/ Maple Awarded on 11 July 2013 Permit Year One AC/P 56 100%* 100% Operated by Finder Puffin Skua Large Permit (2,845 km2) in shallow to mod. water depth Potential for stand alone LNG…
Bonaparte Basin WA-446-P Permit Overview Bayu/Undan WA-446-P Permit awarded 13 May 2010 Permit Year Four 100%* Durville 100% Operated by Finder LaPerouse Large Permit (2,985 km2) with 110-130 metre water depths 2D seismic…
WA-446-P - Finder 100% Bayu/Undan WA-446-P Footwall WA-446-P leads 50 km2 Durville 100%* LaPerouse Petrel Prometheus/ Rubicon Tern Blacktip Gull North Awarded in May 2010 - Permit Year 4 accelerated 2D…