FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview January 2013
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. Carnarvon Basin, Bedout Sub-basin and Canning Basin Assets 3. Northern Browse…
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 WA-468-P Carnarvon 3D seismic: 100%* WA-418-P WA-450-P** Derby = 231 km2 plus two 3Ds 35%…
Growth driven by new 3D seismic data AC/P 55 Bayu/Undan NT/P 79 100%* 35% AC/P 44 WA-446-P 60%* 100%* AC/P 52 55%* AC/P 45 Argus 60%* Petrel Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance WA-468-P…
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. Carnarvon Basin, Bedout Sub-basin and Canning Basin Assets 3. Northern Browse…
Phoenix Assets Finder 20% & 50% WA-435-P WA-436-P Phoenix-2 20% 50%* Not in closure Phoenix-1 Broome Roc Phoenix Phoenix 3D = 1,100 km2 Sth 12 km2 81 km2 Nebo Roc Phoenix South Bewdy Bottler WA-437-P WA-438-P 76 km2…
WA-418-P Finder 35% 3D = 1,519 km2 Childers Nebo Hyde 125 km2 WA-418-P 176 km2 35% Fletcher Fletcher Mutineer/ Mutineer Exeter Angel Amulet Lambert Wanaea North Rankin Eaglehawk Rankin Goodwyn Trend Perseus Oxfordian…
WA-412-P Finder 35% Lead G WA-412-P 35% Nebo Fletcher Tigger-1 Mutineer/ Exeter Angel Amulet Wanaea Lacerta-1 Rankin Fullswing-1 Trend 3D initial pSDM viz of composite top reservoir Isopach thin Finder farmin 13…
WA-468-P Finder 100% Wigmore-1 Off Structure at Oil-prone Source Rocks S JS intersected in Wigmore-1 & Huntsman-1 S S S WA-468-P Whitetail-1 JS not Penetrated Line of Nebo Section Nebo-1 1,840 BOPD Darwin-1 Lead E…
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…
EP 438 & TP/25 Finder 100% Rankin Angel 0 5 kms Trend Wheatstone Jansz/Io Clio Gorgon Upper Jurassic KV Zola Dampier Griffin Upper EP 483 & TP/25 Triassic 100%* Macedon JO Onslow S N Triassic structural oil…
L11-5 Finder to be 100% Nita Fm. Bongabinni Fm. Vuggy porosity and black shales high TOC shale Vuggy Lmst Liquids rich shale play (Bakken analogue) plus conventional targets 4,610 km2 onshore Canning Basin between Buru…
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. Carnarvon Basin, Bedout Sub-basin and Canning Basin Assets 3. Northern Browse…
AC/P 45 & 55 - Finder 60% - Zeta Cash/ 3D = 864 km2 Maple Puffin JO Skua Zeta Permian Gas Triassic Crux AC/P 45 TR Argus 60%* Permian Poseidon Concerto/ Prelude Carboniferous & Older Cornea parallel substrate W E…
AC/P 45 & 55 - Finder 60% - Zeta AC/P 55 North 0 50 Bonza km Cracker Greater Zeta JO Gamma Zeta Swan Omega Zeta Iota Puffin Permian Gas Kappa Skua Eta Lambda Triassic Omicron Alpha Theta Epsilon Chiron Cronus Mu…
AC/P 45 - Finder 60% - 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 60%* T 67T Poseidon Concerto/ 68T Prelude KC Cornea JO…
AC/P 55 Finder 100% AC/P 55 JO TWT North AC/P 55 0 50 100%* Bonza km Cracker Greater Zeta Cartier Graben JO TWT (sec) Gamma Zeta Swan Omega S Iota Puffin Kappa Skua Eta Lambda Omicron Alpha Theta Epsilon…
AC/P 44 - Finder 60% - Omega Cash/ Shallow Amplitude Shallow Amplitude Maple hard Velocity Push 3D = 731 km2 Puffin 1 sec Down Gamma pSDM Skua Prospect Omega soft Prospect flatspot KC 2 sec Crux JH AC/P 44 60%* Argus 3…
AC/P 44 - Finder 60% - 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…
AC/P 52 - Finder 55% - Farmin Opportunity Cash/ Maple 3D = 517 km2 Puffin pSDM Skua 140 km2 Cronus AC/P 52 Crux 55%* Argus Poseidon Concerto/ Prelude Cornea Torosa Ichthys 3D visualisation of Oxfordian (Jurassic)…
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. Carnarvon Basin, Bedout Sub-basin and Canning Basin Assets 3. Northern Browse…
Bonaparte Assets Bayu/Undan Durville NT/P 79 35% LaPerouse WA-446-P Ascalon 100%* Darwin Petrel Prometheus/ Rubicon Tern Troughton Is Blacktip Moving to define the portfolio Page 32
WA-446-P - Finder 100% Bayu/Undan WA-446-P Footwall WA-446-P leads Durville 100%* 50 km2 LaPerouse Prometheus/ Petrel Rubicon Tern Blacktip Gull North Awarded in May 2010 - Permit Year 3 accelerated 2D…
NT/P 79 - Finder 35% Bayu/Undan Potential Leads NT/P 79 Durville NT/P 79 35% LaPerouse Prometheus/ Petrel Rubicon Tern Blacktip Farmed out to MEO Australia Dec. 12 Permian accelerated 2D acquisition into Year…
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. Carnarvon Basin, Bedout Sub-basin and Canning Basin Assets 3. Northern Browse…
Finder - realising the vision FIND OIL AND GASthrough drilling Prospect Permit Spud Date Olympus WA-450-P Dec. 12 Phoenix South WA-435-P 2013/2014 Roc WA-437-P 2013/2014 Cronus AC/P 52 2013/2014 Zeta &/or Alpha AC/P 45 &…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
Northern Carnarvon Basin WA-450-P Permit Overview Julimar Trend Permit awarded 18 June 2010 Permit Year Three 2+Tcf 5% Finder equity, operated by Apache Northwest (75%) + Achillies-1 100m net gas Japan Australia LNG (MIMI) (20%)…
Northern Carnarvon Basin WA-450-P Olympus Triassic gas prospect Oxfordian depth map looking north-east top Triassic 3,950 mSS water depth = 660 m Gorgon Clio DHI (& flatspot) supported target = low risk & high reward spud Dec. 12…
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Phoenix-2 Awarded on 4 August 2009 Permit Year Four Phoenix-1 Finder 20%, Apache (40% & Operator), Carnarvon 20% Roc and JX Nippon 20% in WA-435-P and WA-437-P following…
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 Five 35% Finder equity, operated by Apache Northwest Delambre-1 Large Permit (3,645 km2) with water = depth 200…
WA-418-P Hyde prospect g p p Water depth = 350 m Delambre-1 Areal extent: 40 km2 at Legendre to Ermine-1 180 km2 at Nth Rankin Hyde 176 km2 Fletcher Hyde Mutineer Lambert 1,519 km2 Eaglehawk North Rankin Zeebreis…
Nth Carnarvon Basin WA-412-P Permit Overview Awarded 13 June 2008 Permit Year Five Finder farmin effective 13 June 2012 for 35% WA-412P JX Nippon Operator with 65% 100%* Nebo pSDM reprocessing project in Year 5 Discretionary…
WA-412-P initial efforts at multiple elimination Zeebries MC3D reprocessing example data courtesy of Fugro far angle stack, 4th order NMO Zeebries MC3D reprocessing example data courtesy of Fugro far angle stack, 2nd order +…
Nth Carnarvon Basin WA-468-P Permit Overview Awarded 4 May 2012 Permit Year One 100% Operated by Finder Large Permit (4,865 km2) in mod. to deep water depth Nebo 2D seismic commitment in 1st term WA-468-P 100%* Discretionary…
WA-468-P Finder 100% Wigmore-1 Off Structure at Oil-prone Source Rocks S JS intersected in Wigmore-1 & Huntsman-1 S S S WA-468-P Whitetail-1 JS not Penetrated Line of Section Nebo Nebo-1 1,840 BOPD Darwin-1 Lead E through…
Northern Carnarvon Basin WA-445-P Permit Overview Wheatstone-2 Malmsey-1 Wheatstone-4 Malus-1 Lady Nora-2 Permit awarded 13 May 2010 Permit Year Three 100% Operated by Finder Othello 57 km2 Single graticular block (80 km2)…
WA-445-P new data delivers in depth 500 km2 of newly reprocessed pre-stack depth migrated (pSDM) 3D seismic data across the Permit, tying to regional discoveries: New 3D seismic dataset has confirmed structural targets with material…
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 key insights Amplitudes within the Othello prospect are similar to those seen in the Wheatstone gas field on the reprocessed 3D seismic dataset within the Mungaroo E sands. MALUS-1 JT/JK/KWS10 JH 8 x 6,000m at 100m…
Dampier Sub-basin EP 438 & TP/25 Permit Overview Jansz/Io Permit award 7 January 2013 100% Operated by Finder Clio Gorgon Permit 1,128 km2 in jackup water depth 3D seismic commitment in 1st term (WA jurisdiction) Zola Dampier…
EP 438 & TP/25 Finder 100% Rankin Angel 0 5 kms Trend Wheatstone Jansz/Io Clio Gorgon Upper Jurassic KV Zola Dampier Griffin Upper EP 483 & TP/25 Triassic 100%* Macedon JO Onslow S N Triassic structural oil…
L11-5 Executive Summary Permit Overview Permit award 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 Shale play (liquids rich…
Ordovician Hydrocarbon Occurrences superimposed on Top Nita/Base Bongabinni Depth Map (derived from wells) Thangoo-1A Depth in Metres (ss) Goldwyer: oil bled from cores, Goldwyer-1 fluor, tr gas Goldwyer: tr oil in Willara:…
WORLD CLASS OIL SOURCE ROCK Bongabinni geochemical properties (from Haines & Ghori, 2006) World Class Oil Top Nita/Base Bongabinni Source Rock depth from well control L11-5 Depth in Metres Sampled Wells Within Oil…
Maturity Local Well Examples Demonstrating Oil Generative Temperatures 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)…
Browse Basin - AC/P 45 Permit Overview Cash/ Awarded on 15 April 2008 Permit Year Five Maple 60% Operated by Finder, Perenco farmed in for 40% (09/10) Puffin Skua Large Permit (2,590 km2) in shallow to mod. water depth All…
AC/P 45 - 2010 3D - Zeta Prospect (Permian) AC/P 55 North 0 50 Bonza km Cracker Greater Zeta JO Gamma Zeta Swan Omega Zeta Iota Puffin Permian Gas Kappa Skua Eta Lambda Triassic Omicron Alpha Theta Epsilon Chiron…
AC/P 45 - 2010 3D - Alpha Prospect - JO AC/P 55 Delta-1 Cartier 3D extraction - Full stack North 0 km 50 Cracker Bonza Alpha Greater Zeta prospect Gamma Zeta Swan Omega Iota Puffin Kappa Skua Eta Lambda Omicron Alpha…
AC/P 45 - 2010 3D - Alpha Prospect 67T AC/P 55 Delta-1 Cartier 3D extraction - Full stack North 0 km 50 Cracker Bonza Alpha Greater Zeta prospect Gamma Zeta Swan Omega Iota Puffin Kappa Skua Eta Lambda Omicron Alpha…
Browse Basin AC/P 55 Permit Overview AC/P 55 Cash/ Bonza Awarded 4 May 2012 Permit Year One 60%* Maple Zeta 100% Operated by Finder Puffin Skua Large Permit (2,675 km2) in shallow to mod. water depth 3D seismic commitment in 1st…
AC/P 55 Finder 100% AC/P 55 JO TWT North 0 50 Bonza km Cracker Greater Zeta Cartier Graben JO TWT (sec) Gamma Zeta Swan Omega Iota Puffin S Kappa Skua Eta Lambda Omicron Alpha Theta Epsilon Chiron Cronus Mu…
Browse Basin - AC/P 44 Permit Overview Cash/ Awarded on 15 April 2008 Permit Year Five AC/P 44 Maple 60%* 60% Operated by Finder, Perenco farmed in for 40% (09) Puffin Skua Large Permit (2,505 km2) in shallow to mod. water depth…
AC/P 44 - 2010 3D - Omega Prospect (Triassic/Jurassic) AC/P 55 Shallow Amplitude Shallow Amplitude North 0 50 hard Bonza km Cracker Greater Zeta Velocity Push 1 sec Down Gamma Zeta Gamma Swan Omega Prospect Iota Omega…
AC/P 44 - 2010 3D - Omega Prospect (Triassic/Jurassic) AC/P 55 North 0 50 hard Bonza km Cracker Greater Zeta Gamma Zeta Swan Omega Iota Puffin soft Kappa Eta Skua flatspot Lambda Omicron Alpha Theta Epsilon…
Browse Basin AC/P 52 Farmin opportunity Permit Overview Cash/ Maple Awarded on 26 May 2009 Permit Year Four 55% Operated by Finder, Sasol farmed in for 45% (Dec 09) Puffin AC/P 52 Skua Large Permit (2,170 km2) in 450 to 1,330 m…
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: Ichthys LNG FLNG (eg Prelude/Concerto) Browse LNG (FID H1 2013) Poseidon GTL Brownfield development will be cheaper & demand continues 72 mtpa existing & under construction Demand:…
AC/P 52 Cronus Farmin Opportunity AC/P 55 North 0 50 Bonza km Cracker Greater Zeta Gamma Zeta Swan Omega Iota Puffin 140 km2 Kappa Skua Eta Lambda Omicron Alpha Cronus Theta Epsilon Chiron Cronus Mu Sigma Nth…
Bonaparte Basin WA-446-P Permit Overview Bayu/Undan WA-446-P Permit awarded 13 May 2010 Permit Year Three 100%* Durville 100% Operated by Finder LaPerouse Large Permit (2,985 km2) with 110-130 metre water depths 2D seismic…
WA-446-P 2D seismic programs 2D seismic data acquisition 2D seismic data reprocessing 209 km full fold (202 km on block) 1,752 km (1,177 km on block) 254 km sailed Page 90
WA-446-P key prospectivity WA-446-P Footwall Footwall leads lead 50 km2 KA JO 260T S N Gull-1 Gull North KA Gull North JO S 260T N 300 km2 Petrel Gull-1 Field Cape Hay Fm. Gull Deep Oxfordian…
Bonaparte Basin NT/P 79 Permit Overview Bayu/Undan NT/P 79 Permit awarded on 24 June 2009 Permit Year Four 35% Durville 35% Finder equity, operated by MEO Australia Limited LaPerouse Large Permit (6,430 km2) in shallow water…
NT/P 79 Additional data acquired in Year 3 for Geosequestration Gazettal Acreage - PTRL-01 and PTRL-02 NT/P 79 NT/P 79 Geoscience Australias infill 2D seismic program data received December 12 Page 94
Technical Review Updip of Flat Top 1 S Flat Top-1 N R Reservoir S Seal Dombey TWT Up-dip stacked roll- Bathurst Island Group overs R Petrel Fm Base Cretaceous Triassic S Dombey R Hyland Bay Fm Basement Lower Permian…
Technical Review Tanmurra Fm Roll-over Turtle Bougainville-1 S N Base Cretaceous Bathurst Island Group Dombey Oil Pearce Petrel Fm Triassic Lower Permian Tanmurra Hyland Bay Fm Lower Permian Basement Tanmurra…
Technical Review Tanmurra Fm Roll-over W E Dombey Hyland Bay Fm Areal extent 150 km2 Pearce Oil potential/liquids rich gas Lower Permian Top reservoir 3,700 mSS Tanmurra Fm Basement Anticlinal Roll-over 4 km Line…