Barrow Sub-basin EP 483 & TP/25 Permit Overview Jansz/Io Permit awarded 7 January 2013 100% Operated by Finder Clio Gorgon Permit 1,128 km2 in jack-up water depth 3D seismic commitment in 1st term (ie Permit Year 2) Zola…
EP 483 & TP/25 Work Program Minimum Work Program Indicative Expenditure Primary Work Program (AU) Year 1 Geologic & Geophysical studies, including data collation 7 Jan 13 to 1,500 km 2D pSTM seismic reprocessing A250,000 6 Jan…
SE Barrow Sub-basin Stratigraphy & Plays Trap & 5.2S Targets Migration TO C S Seal Oil-prone Source Rock Gas-prone Source S Rock C 61T T S Liquid-prone Source Rock with some gas component Gas-prone Source Rock EP…
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 (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 8
South Chervil-1 - Amplitude supported roll-over Discovered 1993 Wesminco N S Amplitude supported rollover on hanging wall of fault (Flinders 3D) Oil and gas at 1,030 mSS in the top Barrow Group (Mardie Greensand, MAT2) 9 m gas…
Amplitude supported roll-over lead within TP/25 Amplitude supported rollover at Upper Barrow level (MAT2) Similar response as seen at South Chervil Structural lead identified by both Apache and Strike Page 10
Cretaceous amplitude lead Peak North HC93T-112 dip line 2013 reprocessing Line HC93T-103A strike line 2013 reprocessing Rollover in strike direction Soft top Fault closure Soft top Hard base S N E W Full stack…
KV Cretaceous & Pre-JO leads metres Unappraised Trend JO TWT (sec) (Corowa look-alike) EP 483 & TP/25 KA TWT Line of KV Section JO Upper Triassic N S Page 12
Triassic Mungaroo structures/leads Kura Kura-1 EP 483 SB Brigadier oil shows, 5.2Ma failure due to non- Kura Kura North effective cross-fault T lead identified by seal Apache and Strike KA C C R TRR NW S Page 13
Multi level structural leads (before) - western area Line HC93T-126 GA open file data Dip line north of Kura Kura-1 through various leads/structures at Birdrong Fm and older stratigraphy possible indication of gas leakage in…
Multi level structural leads (after) - western area Line HC93T-126 2013 reprocessing Shallow leakage Untested Birdrong structure Dip line north of Kura Kura-1 through various leads/structures at Birdrong Fm and older…
Permit Year Two notional 3D seismic programs Existing 3D Seismic 2D Seismic (a) conventional 3D 155 km2 (b) transition zone node 3D 150 km2 (c) transition zone node 3D 250 km2 Conventional Seismic Vessel 155 km2 Transition…