FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview March 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 - 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 20% 50%* Not in closure Broome Phoenix Phoenix 3D = 1,100 km2 12 km2 81 km2 Sth Nebo Roc 76 km2 WA-437-P WA-438-P 20% 50%* Port Hedland 3D visualisation of…
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…
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 24
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 look-a-likes Nebo-1 JS (Sinemurian) Transgressive Surface Depth Map (m) Structural oil/gas play New play…
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…
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-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…
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 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…
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 km 50 Cracker Bonza Greater Zeta JO Gamma Zeta Omega Swan Zeta Iota Puffin Permian Gas Kappa Skua Eta Lambda Triassic Omicron Alpha Theta Epsilon Chiron…
AC/P 55 Finder 100% AC/P 56 AC/P 55 JO TWT North 0 km 50 Cracker Bonza Cartier Greater Zeta Trough JO TWT (sec) Gamma Zeta Swan Omega S Iota Puffin Kappa Skua Eta Lambda Omicron Alpha Theta Epsilon Chiron Cronus…
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 41
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 Q2 2014 Hyde WA-418-P Q1 2015 Cronus AC/P 52 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 Manager - Technical email: email: c.gumleyfinderexp.com s.westlakefinderexp.com Phone:…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Awarded on 4 August 2009 Permit Year Five Finder 20%, Apache (40% & Operator), Carnarvon 20% and JX Nippon 20% in WA-435-P and WA-437-P drill Phoenix South in Q2 2014…
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 Phoenix-1 well de-risks multi-TCF structures, 4,100m 2,900m 241T particularly Phoenix South & Roc extracts…
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 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% 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 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 Two 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 1st…
WA-468-P Finder 100% Nebo WA-468-P 100%* Fletcher Mutineer/ Exeter Angel Amulet Wanaea Nebo-1 Rankin Trend Nebo JO depth map - 200m grid with 50m for Beagle 3D look-a-likes Nebo-1 Structural oil play Mid/Lwr…
JO depth map - 200m grid with 50m for Beagle 3D Messier Gretzky Anderson Page 66
WA-468-P 3D seismic reprocessing comparison Original Data Huascaran-1 Nebo-1 Halo-1 Page 67
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…
EP 483 & TP/25 - Finder 100% 2 km Permit awarded 7 January 2013 100% Operated by Finder Permit 1,128 km2 in jack-up water depth Upper Birdrong Barrow 3D seismic commitment in Year 2 with discretionary well in Year 4 TWT…
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 marine reprocessing 3,955 km data 2D transition processing 101 km data 3D Seismic 2D data from 1981 to 2005 2D Seismic Barrow Ultracube MC3D repro end 12 Page 72
Northern Carnarvon Basin WA-445-P Permit Overview Permit awarded 13 May 2010 Permit Year Four 100% Operated by Finder Othello 57 km2 Single graticular block (80 km2) B E sands A Water depths 80-140 metres 3D pSDM seismic…
WA-445-P new data delivered 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 delivered 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…
WA-445-P Prospects and Leads with new 3D data Othello (57 km2) 2.8 TCF Cassio Mungaroo Jurassic Amplitude Channels (7 km2) (8, 13 & 11 km2) 250 BCF 1 TCF Page 80
WA-445-P new 3D data to hand refine prospectivity Cassio Jurassic Amplitude (7 km2) 250 BCF depth slice 3,304m Chevrons Wheatstone MAZ ingress 3D seismic data received in house 12 Feb. 14 Just loaded to check extent of…
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…
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: FLNG (eg Prelude/Concerto with Shell) Ichthys LNG Browse LNG (FEED in 2014) Poseidon GTL Brownfield 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 km 50 Cracker Bonza Greater Zeta Gamma Zeta Swan Omega Iota Puffin 140 km2 Kappa Skua Eta Omicron Lambda Alpha Cronus Theta Epsilon Chiron Cronus…
North Browse Semi-regional Seabed Sampling survey Why To address the critical risk of hydrocarbon charge / migration in Permits AC/P 44, AC/P 45 (Yr 6 commitments) and AC/P 56 (Yr 2 commitment Yr 1 WIAC) Summary of the survey…
Survey area track plan AC/P 56 AC/P 44 AC/P 45 Page 96
Survey area track actual AC/P 56 AC/P 44 AC/P 45 Page 97
Interesting observation north of Alpha in AC/P 45 AC/P 56 AC/P 44 AC/P 45 Page 98
North Browse seeps grid 7 site 13a 1st pass insights only AC/P 45 bathymetry etc NBSS Fix Fix _13a 147 133 _VC2 99 North Browse Seeps Survey: Overview and outcomes so far
North Browse seeps grid 7 site 13a 1st pass insights only AC/P 45 subbottom profile A1 A0 100 North Browse Seeps Survey: Overview and outcomes so far