Pan Pacific Petroleum NL Excellence in Oil and Gas Conference 12th March 2014
Who we are Pan Pacific Petroleum NL is an ASX and NZX listed Oil and Gas Exploration & Production Company participating in non-operated ventures in New Zealand (including production from the Tui Area Oil Fields), Vietnam and the Joint…
PPP Permit Interests
Mid-year Highlights FY 2014 Increase in Tui equity and 5 well drilling programme starts PPP share of Tui production for 1H FY 2013-14 was 80,259 bbls with net 0.75 MMbbls (2P) developed reserves remaining (excluding fuel oil). PPP…
NEW ZEALAND Mount Taranaki
NEW ZEALAND offshore Taranaki Basin
Tui Area Fields PPP has 15% interest in the Tui Area Oil Fields comprising the Tui, Amokura and Pateke Fields (increase from10% to 15% effective 1st Oct 2013). The Tui 2P EUR from existing infrastructure is 41 MMbbls. Remaining 2P…
Million Tui Area Oil Fields Production Barrels/year* 16.0 PPP equity increased from 10% to 15% effective 1st October 2013. 14.0 Gross production for FY 2013-14 is forecast at 1.2 MMbbls, averaging 12.0 3,330 bbls/d. 10.0…
Depth, 5m contours Tui Area Appraisal/Development Pateke North A Pateke-4H horizontal well placement will be steered using Pateke North PeriScope and Schlumbergers new DDR (Deep Directional Resistivity) Tool. Pateke North (4H)…
Depth, 5m contours 2km Tui Area Exploration NW Oi Prospect Oi SE F10 (Tui reservoir) NW Oi Prospect SE draped over Basement. Possible strat-trap if 3500m F10 cut by Kahu Channel. Kahu Channel Gross, unrisked Prospective…
VIETNAM
VIETNAM PPP has a 5% interest in Block 07/03 in the southern Nam Con Son Basin and a 15% interest in Block 121 in the northern Phu Khanh Basin. PPP has recently drilled exploration wells in Blocks 121 and 07/03 and an appraisal well on…
Block 121 is in the relatively under-explored Vietnam Block 121 Phu Khanh Basin. The main objectives are Miocene-Oligocene clastics. The Joint Venture drilled one well, 121-CV- 1X, in Q2-3 2013 which evaluated the large Whale…
Vietnam Block 07/03 Block 07/03 is adjacent to Block 12W which contains the Chim Sao (50 MMBoe) and Dua Oil Fields, and the Lan Tay and Lan Do Gas Fields (2 Tcf) Dua Lan Tay/Lan Do in Block 06-1 to the north. Block 06-1 The CRD-1X…
Block 07/03 Prospectivity The Silver Sillago prospect, a tilted fault trap similar to the C Rng (CRD) structure, was evaluated by CD-1X, the final PSC commitment exploration well, which spudded end January 2014. The well reached a…
The CRD (C Rng ) Oil and Gas/condensate discovery in Miocene and Oligocene sandstones The CRD Miocene interval has now been evaluated by five wells: CRD-1X, 2X&ST, and recently 3X&ST drilled in Q4 2013. CRD-3X&ST confirmed the…
Pan Pacific Petroleum Summary Key Strengths Strong cash position, with no debt Continued income from production of Tui reserves Making the most of what we have High potential exploration and appraisal/development drilling in New…
Pan Pacific Petroleum NL Excellence in Oil and Gas Conference 12th March 2014 www. panpacpetroleum.com.au
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