FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview February 2015
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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
North West Shelf - 15 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Phoenix Rankin Sth Jansz/ Trend Io Scarborough Clio Gorgon Port…
Carnarvon Basin - 6 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Carnarvon 3D seismic: WA-450-P** = 310 km2 two 3Ds WA-418-P = 1,520 km2 WA-468-P 100%* WA-412-P** =…
Bedout Sub-basin - 4 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Bedout Initial Partner Bedout 3D seismic: Phoenix** = 1,100 km2 Zeester = 3,490 km2 WA-435-P…
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 14,000 km2 of new Troughton Is. 3D seismic data over Torosa 12Ichthys surveys and 12 Permits:…
In our pursuit to FIND OIL AND GAS Finder .. is privately owned and focussed on capturing and de-risking prospective acreage on the North West Shelf of Australia is an opportunity company driven by geoscience excellence, data…
Historical transactions Finder has entered into agreements with major industry participants for the farmout, assignment and divestment of permit interests as detailed below: Page 11
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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Phoenix South oil discovery - WA-435-P - Finder 20% Phoenix-2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 3D = 1,100 km2 66 km2 46 km2 Phoenix Nebo Roc Sth Roc WA-437-P WA-438-P 20% 30%…
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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Theia EP 493 Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome EP 493 Phoenix 100%* Phoenix Theia Rankin Sth Jansz/ Trend Io Scarborough Clio Gorgon…
Theia EP 493 Finder 100% McLarty-1 Edgar Range-1 Edgar Range-1 McLarty-1 Theia-1 proposed well location Permit Grant 1 March 2015 - 4,610 km2 Permit - Native Title negotiations complete Liquids rich shale play (Basal…
Roc - WA-437-P - Finder 20% Phoenix-2 Capreolus = 5,100 km2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 66 km2 Phoenix = 1,100 km2 46 km2 Phoenix Nebo Roc Sth 9,800 km Roc WA-437-P WA-438-P…
Cronus - AC/P 52 - Finder 20% Cash/ Maple 3D = 520 km2 pSDM Puffin 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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
WA-436-P and WA-438-P - Finder 30% JO Middle Jurassic TWT WA-436-P 30% Broome 3D = 3,490 km2 Phoenix JO TWT (sec) Nebo Phoenix Roc Sth W01ARN15P 9,800 km WA-438-P 30% LCC -122 km2 Crest 1500 msec Port Hedland Spill…
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…
WA-412-P - Finder 100% - Kanga - Permit renewed 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…
Kanga Prospect WA-412-P Lacerta-1 Kanga is a 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 Anderson…
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…
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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
AC/P 45 - Finder 100% - Alpha Permit renewed Delta-1 Cartier 3D extraction - Full stack Cash/ 3D = 1,000 km2 Maple Alpha pSDM prospect Puffin Skua Alpha Crux AC/P 45 Puffin targets 56T Argus 100%* T 67T Poseidon Concerto/…
JO Depth (m) A Confirms charge in east of AC/P 45 Alpha Prion-1 Delta-1 projected NW 2km Alpha projected NW 1km Prospect line of projected section AC/P 45 A HRDZ KC KV projected location of NBSS 13_a seep JO A…
AC/P 45 & 55 - Finder 100% - Zeta AC/P 56 AC/P 55 North 0 km 50 Cracker Bonza Omega Greater Zeta JO Zeta Swan Zeta Iota Puffin Kappa Permian Gas Skua Lambda Alpha Triassic Epsilon Chiron Cronus Sigma Nth Keeling…
AC/P 55 - Finder 100% - Bonza AC/P 56 AC/P 55 play fairway North 0 km 50 Cracker Bonza no seal Alpha 3D = 440 km2 Omega Greater Zeta pSDM Zeta Swan 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 = 730 km2 Puffin 1 sec Down pSDM Skua Omega soft Prospect flatspot KC Crux 2 sec JH Argus 3 sec sag TR…
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. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Finder - realising the vision FIND OIL AND GASthrough drilling Well Permit Spud Date Olympus-1 WA-450-P Dec. 12 Phoenix South-1 WA-435-P May 14 Theia-1 EP 493 Q2 2015 Roc-1 WA-437-P Q2/Q3 2015 Hyde-1 WA-418-P Q1 2016…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Phoenix-2 Not in closure Awarded on 4 August 2009 Permit Years Five/Six Phoenix-1 Four large Permits (total 21,720 km2) with 19 km2 66 km2 water depth ranging from 50 to…
Phoenix South-1 (WA-435-P) Phoenix-2 Phoenix-1 Keraudren-1 What BP said .. 240S 4,000m gross 767 metre interval 4,100m 2,900m 4,113 to 4,880 metres (gas influx at TD) 241T petrophysical evaluation considered a total net pay…
Phoenix South-1 (WA-435-P) Phoenix-2 Phoenix-1 Keraudren-1 What we thought pre-drill .. 240S 4,000m 4,100m 2,900m Low risk proven gas 241T Phoenix-1 de-risks multi-TCF structures, particularly Phoenix South & Roc 4,200m…
Phoenix South-1 (WA-435-P) and Roc-1 (WA-437-P) Phoenix-2 Phoenix-1 Keraudren-1 And today .. 240S 4,000m 4,100m 2,900m Phoenix South is an oil discovery 241T highside resource estimate as much as 300 mmbbls OOIP 4,200m 4 oil…
Phoenix Lower Triassic better reservoir confirmed average positive sand index Phoenix-1 Phoenix Sth Phoenix-2 Phoenix-1 241-20ms to 245 missed the sweet spot 239T 241T 245S 246 Phoenix Sth Roc with Roc…
Roc - WA-437-P - Finder 20% Phoenix-2 Capreolus = 5,100 km2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 66 km2 Phoenix = 1,100 km2 46 km2 Phoenix Nebo Roc Sth 9,800 km Roc WA-437-P WA-438-P…
WA-436-P and WA-438-P - Finder 30% JO Middle Jurassic TWT WA-436-P 30% Broome 3D = 3,490 km2 Phoenix JO TWT (sec) Nebo Phoenix Roc Sth W01ARN15P 9,800 km WA-438-P 30% LCC -122 km2 Crest 1500 msec Port Hedland Spill…
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 1,000…
Nth Carnarvon Basin - WA-412-P - Permit renewed Permit Overview Awarded on 13 June 2008 Renewed 10 September 2014 100% Operated by Finder WA-412-P pSDM reprocessing project completed before renewal 100%* Nebo Commitment program…
WA-412-P - Finder 100% - Kanga - Permit renewed 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…
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 65
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% Beagle MC3D 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…
WA-468-P Prospectivity summary mean STOOIP mean STOOIP mean STOOIP 128 mmbbls 226 mmbbls 81 mmbbls Yakupov Hemsky Ranford Horcoff Gagner mean STOOIP Eberle 623 mmbbls Hall McSorley Kurri North mean STOOIP Smyth 1440 mmbbls…
WA-468-P 3D seismic reprocessing comparison Original Data Huascaran-1 Nebo-1 Halo-1 Page 71
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 reprocessing Page 78
EP 493 executive summary Permit Overview Permit to be granted 1 March 2015 to Finder Shale Positive outcome from Native Title negotiations Permit is 4,610 km2 in the onshore Canning Basin Good access & 99% vacant crown land Between…
EP 493 location & offset activity 1. Permit to be granted 1 March 2015 2. No significant remaining vacant acreage with majors taking positions 3. Buru with Mitsubishi farminee Yulleroo Ungani 5-20 mmbbls on production 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…
Goldwyer III depositional model Goldwyer III potential (petrophysics & log TOC/S2) showing predicted pressure, oil retained and Gas/Oil Ratio Significant unconventional potential in Goldwyer III Limited or no unconventional base map…
Theia-1 - proposed petroleum exploration data well Theia-1 location chosen within Goldwyer III sweet spot as determined from Dampier Downs unsealed road 130 km technical studies completed from Great Northern Highway (+50 km to…
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 the 2010 3D = 520 km2 Cartier West 3D pSDM seismic survey Cronus Cronus maximum areal extent 140 km2 AC/P 52 Argus Montara, Plover and Nome sandstone targets Poseidon…
Large resource based on pSDM 3D data Cronus is BIG Structural closure confirmed by 2010 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 mid-2016 Poseidon Brownfield/floating development will be cheaper & demand continues 72 mtpa existing & under…
AC/P 52 - Finder 20% - Cronus drill in Year 6 AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Omega Greater Zeta Zeta Swan 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 the northern Browse Basin / southern Ashmore Platform Summary of the survey Conducted between 18 December 2013…
Survey area track actual AC/P 56 AC/P 55 AC/P 45 Page 98
Seep identified north of Alpha in AC/P 45 AC/P 56 AC/P 55 13a AC/P 45 Page 99
North Browse seeps grid 7 site 13-a from CSIRO AC/P 45 bathymetry etc Fix 133 NBSS_13a_VC2 Fix 147 100 North Browse Seeps Survey: Overview and outcomes
North Browse seeps grid 7 site 13-a from CSIRO AC/P 45 sub-bottom profile Pink lines show maximum penetration green lines show core depth recovered 100 msec 110 msec 120 msec 5m barrel 101 North Browse Seeps…