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June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL)

Falkland Oil and Gas Ltd.(FOGL) · Jun 10, 2015 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 1
    AGM Presentation 10 June 2015
  2. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 2
    The Leading Falklands Explorer Pure Play Falklands Explorer Largest Falkland Islands license holder ( 40,000km2) Material interest in all licenses ( 40%) Exploring in the North, South and East basins Active 2015 drilling…
  3. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 3
    2015 Drilling Programme Prospect FOGL WI FOGL 2015 Name (%) Paying interest (%) Q1 Q2 Q3 Q4 North Falkland Basin Zebedee 40.0% 40.0% Isobel Deep 40.0% 0.0% Jayne East 40.0% 0.0% South and East Falkland Basin Humpback 52.5%…
  4. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 4
    FOGLs North Falkland Basin Licences Interests in six licences PL004b (FOGL 40% ) contains Sea Lion southern extension Material exploration prospects in Zebedee PL004a,b,c and PL005: Jayne East Zebedee Jayne East Isobel/Elaine…
  5. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 5
    Sea Lion Complex Phase 1a development area The Sea Lion field straddles PL032 & PL004b PL032 FOGL estimate that 40% of the Sea Lion Complex resources lie within PL004b Premier are proposing a two phased development concept,…
  6. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 6
    14/15b-5: Zebedee Oil Discovery Total hydrocarbon net pay of 45 metres Hector: 17.5 metres of net gas pay, Possible significant upside in Hector oil rim FOGL estimate c.1832 mmbbls oil within Hector oil rim Zebedee : 25.0 metres…
  7. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 7
    Zebedee/Casper South One sand or two In pressure communication 8
  8. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 8
    Hector Reservoir GOC OWC Amplitude extraction Spectral Decomposition Top Hector 9 9
  9. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 9
    Beverley results demonstrate presence of oil rim GOC OWC 10 10
  10. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 10
    Sea Lion Complex: Material Resources within PL004b PL004b Mid Case Gross Contingent Contingent 85 & Prospective Resources 117 Resources split 300 32 250 18 PL004b PL032 20 256 310 * 200 45% 55% 75 mmbbls 150 256 60…
  11. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 11
    Isobel/Elaine fan complex Courtesy Rockhopper Exploration 12
  12. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 12
    14/20-1: Isobel Deep Oil Discovery Well drilled to 2527metres, did not reach planned TD Penetrated c. 24m into Isobel Deep (F3) sand Oil recovered to surface (with drilling fluid) Over-pressured reservoir Well suspended Opens…
  13. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 13
    Isobel Deep fan system B B A Amplitude extraction Isobel Complex A B A Isobel Complex Spectral Decomposition 14 14
  14. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 14
    Isobel/Elaine fan complex Elaine North Isobel Shallow Isobel Deep Elaine South Isobel Deep Well location 15
  15. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 15
    PL004c: Jayne East FOGL interest 40% (paying interest zero) Gross Prospective Jayne East Location 85mmbbl(1) Resources Net Prospective 34mmbbl Resources Spud Date Q3 2015 Operator Premier Oil (36%) Partners Rockhopper…
  16. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 16
    FOGLs South & East Basin Licences Hersilia Fan Complex FINA 3D survey Cretaceous Fault Blocks FIST 3D survey Diomedea Fan Complex FISA 3D survey 17
  17. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 17
    Prospect selection for Noble operated wells First Well Humpback prospect (in the Diomedea Fan Complex) Second well Well postponed pending Humpback results and completion of technical evaluation Humpback results will guide choice of…
  18. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 18
    Cretaceous Fault Blocks (FOGL 52.5%) Seismic amplitude map over Scharnhorst North The Darwin exploration well discovered gas and a rich condensate in good quality Cretaceous sands Seismic amplitude responses indicate the…
  19. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 19
    Hersilia Fan Complex (FOGL 40%) Multiple material prospects identified on 3D seismic Mid Cretaceous Fan Play: Starfish: 402 mmbbls* Bullfish: Shearwater: Fulmar: Toothfish: Hoki: 2 billion boe* Jurassic Fault Block Play…
  20. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 20
    Diomedea Fan Complex (FOGL 52.5%) Diomedea area comprises a large system of deepwater channels & fans Prospects and Leads map Multiple material prospects identified on 3D seismic Main hydrocarbons in place expected to be oil Six…
  21. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 21
    Diomedea Fan Complex: Humpback WI (%) / PI (%) 52.5% / 27.5% Gross Prospective 510mmbbl(1) Resources Net Prospective 268mmbbl Resources Spud Date June 2015 Operator Noble Energy (35%) Partners Edison (12.5%) Humpback…
  22. June 2015 Annual General Meeting – Falkland Oil and Gas Ltd.(FOGL) – slide 22
    Summary The 2015 drilling campaign commenced on 6 March 2015 Four well drilling programme targeting over 1.1 billion barrels of gross prospective resources Two oil discoveries in NFB so far.. Zebedee: Significant increase to Sea…

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