3D Oil is poised for a period of transformational activity with the drilling of the Sea Lion oil prospect in the Gippsland Basin and the potential definition of gas prospects on newly acquired 3D seismic in the Otway Basin. 1. 3D Oil…
Summary of Recent Activities TDO completed Hibiscus Transaction to secure the companys financial future The West Seahorse Field monetised in a difficult financial climate The Hibiscus Transaction also secured TDOs first US7.5 m…
Near Term Activities 3D Oil well is very well placed in terms of growth opportunities and funding The drilling of the Sea Lion prospect (VIC/P57, equity 25%) Estimated timing mid July 2015 Defined on state of the art 3D seismic in oil…
3D Oil Snapshot An oil and gas company focussed on proven oil and gas basins in eastern Australia with a well funded program of activity in 2015. Key Assets 24.9% of VIC/P57 offshore Victorian permit 70% of T/49P offshore Tasmanian…
2. VIC/P57 Exploration 7 Page 7
Exploration targets VIC/P57 is located on trend with a prolific sweet spot in the Gippsland Basin, - with an historical success rate in the region of better than 2 in 3. The permit covers approximately 449 km2 along the prospective…
Sea Lion Prospect Sea Lion has a best estimate prospective resources of 11 mmbbl. West Telesto to spud Sea Lion in July On trend with the oil discoveries in region The first US7.5 million of TDOs contribution is carried as a result…
Felix Prospect Felix has the best oil address in Australia. Large inversion feature along the Rosedale Fault System with potential for large oil reserves Located between two oil fields (Wirrah and Moonfish) and appears larger at the…
3. Exploration T/49P 11 Page 11
T/49P Overview 3D Oil is 70% equity holder and operator in T/49P with its partner Beach Energy A potentially significant Australian gas province Interpreted to contain all the geological elements required for sizeable accumulations of…
T/49P Prospectivity Permit has all the ingredients for a rich and active petroleum system All leads have access to significant charge from anomalously thick Tertiary wedge which is interpreted as the Thylacine source kitchen Both…
Flanagan Survey Targets The 974 sq km Flanagan survey targeted a number of leads including Whalebone and Flanagan These features are on trend with Thylacine and interpreted to be sourced from the same kitchen Both Whalebone and…
Seismic Comparison with Thylacine/Geographe Thylacine 1 Geographe 1 Bland section indicative of good seal Top porosity Whalebone Lead Flanagan Lead 3D seismic line through Thylacine and Geographe gas fields Top porosity…
T/49P Indicative Economics East coast gas markets rapidly changing Exposure to international pricing through LNG exports The unwinding of major low cost, long term gas contracts The commencement of LNG exports, and the netback…
2015 an exciting year for 3D Oil TDO successfully navigates through a difficult financial climate Hibiscus Transaction provides company with strong Secures Funding financial position without dilutionary capital raising Monetises…
2015 Activities A two pronged oil and gas strategy Highly prospective Sea Lion to be drilled 3rd qtr 2015 Seismic acquisition, processing and interpretation complete Undertake farmout of gas prospects for future drilling…
Contacts Noel Newell Managing Director 3D Oil Limited Level 5, 164 Flinders Lane Melbourne, Victoria 3000 Phone: +61 3 9650 9866 Fax: +61 3 9639 1960 Email: nnewell3doil.com.au Page 20
Loading...
