Disclaimer Important Notice Nothing in this presentation or in any accompanying management discussion of this presentation (the Presentation) constitutes, nor is it intended to constitute: (i) an invitation or inducement to engage in…
Agenda Cameroon Gabon Outlook 3 AGM Presentation 11th December 2008
CAMEROON 4 AGM Presentation 11th December 2008
Cameroon Update Bomono Permit 100% OLHP 1 & 2 2,328 km PSC signed 12 Dec 2007 First term ends 11 Dec 2012 Rio del Rey Basin 500km seismic & one well commitment Etinde Permit 100% MLHP 5,6 & 7 2,314 km Etinde PSC terms…
MLHP-7 Isongo and Biafra Isongo Isongo Prospects - Gas Condensate Multiple undrilled Fields - structural Isongo Marine, IC, culminations ID and IE. associated with IE succesfully existing discoveries. appraised by Low risk and high…
MLHP-7 Contingent Resources Five gas/condensate fields and one oil discovery Isongo C Isongo Marine Mean Contingent Resources 628 bcf gas* Isongo E Isongo D Manyikebi (*LPGs included, not separately assessed) 62 MMbbls…
MLHP-7 Current Development Potential Isongo Marine Potential future Isongo E & Isongo D tieback to IE/ID Gas Recycling Development One appraisal well Isongo C Isongo Marine Sanction possible 2010 1st production targeted 2013…
IF Oil Development Oil Processing and Export Facilities Power Station Limbe Gas Pipelines Refinery I-F WHP Platform 6-Slot Wellhead Field Oil/NGLs Gas Export Wells Mbbl/d MMscf/d P I IF 15-20 (oil) 16-22 3-4 0 9…
IF Oil and IE/ID Gas Development I-E PUQ Platform LPG Oil Processing Bridge-linked to WHP Recovery and Export Fluid Separation; Facilities Gas Compression; Power Living Quarters Station I-E WHP Platform 9-Slot Wellhead; Limbe…
IF Oil and IE/ID Gas Development Example of Potential Synergies Power Station Limbe Refinery I-E WHP Platform 9-Slot Wellhead; Gas Injection Pipeline I-F WHP Platform 6-Slot Wellhead Possible gas export Multiphase…
Blocks MLHP-5&6 Prospect and Lead Inventory Prospect Inventory significantly enhanced following conclusion of detailed subsurface analysis and integration of well data 18 prospects identified Unrisked Mean in place volumes 4.54…
GABON 13 AGM Presentation 11th December 2008
Gabon Overview Epaemeno Permit Block G4-211, 1340 sq km Second term ends August 2010 (50% relinquishment) Third period expires Aug 2013 Addax (Operator); Bowleven conducting G&G work through to well locations under TSA 10m…
Gabon EOV Field PSC signed for EOV Permit Area in February 2004 Field located 6 miles offshore in 65ft of water Four development wells already drilled though a central template The jacket is complete. The Topsides are approx…
Gabon EOV Permit - NW Kowe STOIIP (mmbo) P90 P50 P10 Mean All Reservoirs (Numerical sum) 56 166 509 234 NW SE Azile depth map NW KOWE EOV Field 16 AGM Presentation 11th December 2008
Gabon - Epaemeno Phase 1 307km 2D seismic programme (9 million net covered by carry) Operations commenced mid July. Recording commenced 20 August 260 km recorded to date Focus on northern Terrace margin play and central Davo…
OVERVIEW 18 AGM Presentation 11th December 2008
Overview Firm financial foundation; circa 43m cash and no debt. Minimal 2009 capital expenditure commitments. Three year exploration extension under Etinde PSC provides operational flexibility. Farm-out opportunities across…
Loading...
