FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview June 2014
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 - 15 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Rankin Jansz/ Trend Io Scarborough 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%* AC/P 52 20% AC/P 45 100%* Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance WA-468-P 9,800 km2 of new 3D…
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 Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance WA-435-P Derby 20% Broome PhoenixPhoenix Sth Rankin Jansz/ Trend Io 40% and Operator…
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 12 km2 81 km2 Sth Nebo Roc Phoenix South Bewdy 76 km2 Bottler WA-437-P…
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 100% - pending renewal Kanga Prospect WA-412-P 100%* Nebo Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend KA to KV isochron showing existing fields and Kanga 3D initial pSDM viz of…
Kanga Prospect WA-412-P Lacerta-1 Kanga is large drill-ready oil prospect pSDM co-rendered with pSDM Vint 3,150 metres subsea with no anticipated over 2,000 mSS pressure mean volume of 130 mmbbls oil in place with high side…
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-500-P - Finder 100% Urania North Lead Noblige look-a-like Triassic depth Triassic amplitude WA-500-P 100%* Fletcher Mutineer/ Exeter Rankin Trend Angel Urania Nth Jansz/Io Pluto Urania North Lead Noblige…
EP 483 & TP/25 - Finder 100% Rankin 2 km Trend Angel Jansz/Io Pluto Upper Birdrong Clio Barrow Gorgon TWT Zola Dampier Biggada EP 483 & TP/25 100%* Macedon Onslow Upper Nimrod Triassic S N TP/25 4,056 km 2D…
Prospectivity Summary low risk Santo N Nth Lightfoot NW Lightfoot 24.6 MMbbl 18.0 MMbbl NE Anchor 6.9 MMbbl 11.7 MMbbl Anchor lowside NW Santo A 24.9 MMbbl 15.2 MMbbl NW Santo B 14.8 MMbbl Lightfoot-1 32 MMbbl West Santo…
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 (Basal Goldwyer or…
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 - Finder 100% - Alpha pending renewal 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…
JO Depth (m) A Charge confirmed in east of AC/P 45 Alpha Prion-1 Delta-1 Projected NW 2kms Alpha Projected NW 1kms Prospect Line of projected section AC/P 45 A HRDZ KC approx. location of KV NBSS 13_a potential seep…
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 Zeta Swan Omega Iota Zeta Puffin Kappa Permian Gas Skua Lambda Alpha Triassic Epsilon Chiron Cronus Sigma Nth…
AC/P 55 - Finder 100% - Bonza AC/P 56 AC/P 55 play fairway no seal North Alpha Bonza 0 km 50 Cracker Greater Zeta Cartier Zeta Trough Swan Omega Iota Puffin Lambda Kappa Skua no sand Alpha Epsilon Chiron Cronus…
AC/P 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 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 KC…
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 May 2014 Cronus AC/P 52 Q1 2015 Hyde WA-418-P Q2 2015 Roc WA-437-P 2015 And more…
Finder Contact Details For further information on this presentation please contact: Craig M. Gumley Shane Westlake Manager Business Development General Manager email: email: c.gumleyfinderexp.com s.westlakefinderexp.com Phone: +61…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
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 spud…
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 Six 35% Finder equity, operated by Apache Northwest Delambre-1 Large Permit (3,645 km2) with water = depth 200…
Nth Carnarvon Basin - WA-412-P - pending renewal Permit Overview Awarded on 13 June 2008 - Currently pending renewal 100% Operated by Finder WA-412-P pSDM reprocessing project in Year Five 100%* Nebo Geochemical oil typing and Qi…
WA-412-P - Finder 100% Kanga Prospect WA-412-P 100%* 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…
WA-412-P hydrocarbon charge model looking south Fullswing-1 (2010 JX) Tigger-1 (2003 Woodside) Minor shows Late Cret. Dry Hole NO STRUCTURE Withnell Fm, Jurassic NO TRAP/X-FAULT SEAL Kanga Page 57
Kanga Prospect WA-412-P Lacerta-1 Lacerta tested a truncation play, no base seal encountered Live oil shows whilst drilling + FIS anomaly demonstrates oil migration TWT (msec) T Kanga is: KA a robust structure (3D pSDM +…
Nth Carnarvon Basin WA-468-P Permit Overview Awarded 4 May 2012 Permit Year Three 100% Operated by Finder Large Permit (4,865 km2) in mod. to deep water depth Nebo 3D pSTM and 3D pSDM seismic reprocessing WA-468-P commitment in…
WA-468-P - Finder 100% Nebo WA-468-P 100%* Fletcher Mutineer/ Exeter Angel Amulet Wanaea Nebo-1 Rankin Trend Nebo Nebo-1 JO depth map - 200m grid with 50m for Beagle 3D look-a-likes Mid/Lwr Jurassic hydrocarbon…
JO depth map - 200m grid with 50m for Beagle 3D Messier Gretzky Anderson Page 62
WA-468-P 3D seismic reprocessing comparison Original Data Huascaran-1 Nebo-1 Halo-1 Page 63
WA-468-P 3D seismic reprocessing comparison Nebo look-a-likes Reprocessed pSTM data Huascaran-1 Nebo-1 Halo-1 Anderson Gretzky JO JC Data courtesy of Fugro Much improved fault imaging Removal of multiples below JO to…
Nth Carnarvon Basin WA-500-P Permit Overview Awarded 17 April 2014 Permit Year One WA-500-P 100% Operated by Finder 100%* Large Permit (2,180 km2) in 1,050m to 1,550m water depth Fletcher 1,200 km2 pSDM 3D seismic reprocessing +…
EP 483 & TP/25 - Finder 100% 2 km Surrounded by oil and gas discoveries 4,056 km 2D seismic reprocessing & Upper Barrow Birdrong interpretation in Year One delivered 20 P&Ls plus stratigraphic enhancement of Birdrong & new deeper…
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 4,056 line km (13 vintages) 2D data from 1981 to 2005 2D marine reprocessing 3,955 km data 3D Seismic 2D transition processing 101 km data 2D Seismic Barrow Ultracube MC3D repro end 12 Page 70
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…
L11-5 (STP-EPA-0055) location & offset activity 1. Finder preferred applicant for L11-5 on 26 June 2012 2. No significant remaining vacant acreage with majors taking positions Yulleroo 3. Buru with Mitsubishi farminee Appraisal…
Ordovician Hydrocarbon Occurrences Superimposed on base Goldwyer III (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…
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…
Northern Browse Assets AC/P 56 Cash/ 100%* Maple AC/P 55 Puffin 100%* Skua AC/P 52 20% AC/P 45 100%* Crux Argus Dominant North Browse Basin acreage position 4 Permits Poseidon Concerto/ Prelude 3D seismic data…
30 prospects and leads over multiple play levels AC/P 56 AC/P 55 0 North 50 km Cracker Fields Gas Omega Greater Zeta Bonza Oil Swan Prospects & Leads Zeta Oliver Fm Puffin Iota Puffin L. Cretaceous Kappa Skua Plover…
Browse Basin AC/P 52 Permit Overview Cash/ Maple Awarded on 26 May 2009 Permit Year Six 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: FLNG (eg Prelude/Concerto with Shell) Ichthys LNG Browse LNG FID 2015 Poseidon GTL Brownfield/floating development will be cheaper & demand continues 72 mtpa existing & under…
AC/P 52 - Finder 20% - Cronus drill in 2015 AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Greater Zeta Zeta Swan Omega Iota Puffin 140 km2 Kappa Skua Lambda Alpha Cronus Epsilon Cronus Chiron Sigma Nth Keeling AC/P…
North Browse Semi-regional Seabed Sampling survey Why To address the critical risk of hydrocarbon charge / migration in northern Browse / Ashmore Platform Summary of the survey Conducted between 18 December 2013 and 5 January 2014…
Survey area track actual AC/P 56 AC/P 44 AC/P 45 Page 87
Interesting observation north of Alpha in AC/P 45 AC/P 56 13a AC/P 44 AC/P 45 Page 88
North Browse seeps grid 7 site 13-a CSIRO observations AC/P 45 bathymetry etc NBSS Fix Fix _13a 147 133 _VC2 89 North Browse Seeps Survey: Overview and outcomes so far
North Browse seeps grid 7 site 13-a CSIRO observations AC/P 45 sub-bottom profile A1 A0 90 North Browse Seeps Survey: Overview and outcomes so far
North Browse seeps grid 7 site 13-a CSIRO observations AC/P 45 initial GeoMark geochemistry Homologous series of n-alkanes in the range C22 C36 Looks like a thermogenic signal Sample is NOT associated with elevated gas…
Carbon isotopic compositions of linear alkanes Survey sample fits with Echuca Shoals-sourced oil family GA assessment 1 April 14 Preliminary interpretation courtesy of Geoscience Australia provided in confidence under a…
Carbon isotopic compositions of linear alkanes very low Residual Organic concentrations Matter (ROM) input impact ratio from seabed sampling Survey sample fits with Echuca Shoals-sourced oil family matches the Cretaceous…
JO Depth (m) A Charge confirmed in east of AC/P 45 Alpha Prion-1 Delta-1 Projected NW 2kms Alpha Projected NW 1kms Prospect Line of projected section AC/P 45 A HRDZ KC approx. location of KV NBSS 13_a potential seep…
Browse Basin seabed sampling outcomes evidence of oil AC/P 56 Bonza gas leakage active thermogenic active thermogenic charge AC/P 55 Omega Zeta charge Iota Puffin Alpha Skua Epsilon AC/P 52 AC/P 45 Keeling Montara Hydra…
Browse Basin - AC/P 45 - pending renewal Permit Overview Cash/ Maple Awarded on 15 April 2008 Currently pending renewal 100% Operated by Finder Puffin Renew Skua Large Permit (1,330 km2) in shallow to mod. water depth Significant…
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 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 Zeta Swan Omega Iota Zeta Puffin Kappa Permian Gas Skua Lambda Alpha Triassic Epsilon Chiron Sigma Nth Cronus…
Browse Basin AC/P 55 Permit Overview AC/P 55 Cash/ 100%* Maple Awarded 4 May 2012 Permit Year Three 100% Operated by Finder Puffin Skua Large Permit (2,675 km2) in shallow to mod. water depth Potential for oil development or stand…