AGM PRESENTATION 22nd MAY 2013 Exploration Opportunities in Tanzania: Why Aminex believes in the potential of the Nyuni and Ruvuma PSAs
Introduction o Aminex has been in Tanzania since 2002 when the East African Coastal Margin was only a lightly explored backwater. o Aminex has drilled 6 wells including 2 commercial discoveries, one of which is developed and ready…
Introduction Onshore, Nearshore Successes o Mafia Basin/Rufiji Delta, Tanzania: Mafia/Rufiji Basin Songo Songo (1974) Mukuranga (2006) Kiliwani North (2008) o Ruvuma Basin, Tanzania and northern Mozambique: Mnazi Bay (1982)…
Regional Geological Setting and Prospectivity o The deepwater exploration success along the East African Coastal Margin demonstrates the exploration potential that may exist onshore and on the nearshore shelf. o High quality (3D)…
Regional Geological Setting and Prospectivity o Ntorya, along with most leads within the Ruvuma PSA, and post-Neocomian leads within Nyuni PSA are part of the same play fairway as the recent deepwater discoveries. o Historically…
Regional Geological Setting and Prospectivity o Ntorya, along with most leads within the Ruvuma PSA, and post-Neocomian leads within Nyuni PSA are part of the same play fairway as the recent deepwater discoveries. Presentation to…
Exploration Progress o Virtually all recent major gas discoveries have been in the (deepwater) offshore, where most of the recent 2D and 3D seismic has been acquired. o This is because of the ease of access in open marine deepwater…
Exploration Progress o Most of the Nyuni legacy data (all 2D) has a limited maximum offset…
Exploration Progress and Prospectivity SSE NNW o Advanced processing and imaging technologies applied to state-of-the-art 2D and 3D seismic in an unrestricted deepwater marine environment enables much greater confidence in…
Exploration Progress and Prospectivity o Songo Songo-1 in 1974 promoted structural plays and the potential for productive Neocomian-age reservoir sands. o Albian sands as at Ntorya of good reservoir quality are stratigraphically…
Exploration Progress and Prospectivity 2D Seismic Dip Line 89MT-10, onshore Northern Ruvuma Basin. o Previous onshore exploration was focused on identifying large structural closures and seismic coverage was coarse. Upper…
Exploration Progress and Prospectivity o The Kiswa and Sudi Base Tertiary channel complex leads in the Ruvuma PSA are now clearly imaged on reprocessed data. o They appear analogous to BG/Ophirs Jodari Base Tertiary gas discovery…
Exploration Progress and Prospectivity o The Sudi Lead (onshore Ruvuma) is part of the same Base Tertiary channel complex as the offshore Kiswa Lead. (Onshore) (Offshore) Presentation to shareholders, Aminex PLC AGM,…
Exploration Prospectivity o Since the success of Aminexs Ntorya-1 gas discovery, mapping of the Ruvuma PSA has identified further stratigraphic leads not previously recognised with confidence from available 2D seismic. o Aminex…
Exploration Prospectivity o Tanzania has signed a 1.2 billion finance package with the Chinese Export Bank for gas infrastructure which will include: 450 km 36 pipeline from Ruvuma Basin to Dar es Salaam. 25 km 24 pipeline from Songo…
Summary o The deepwater acreage in the Nyuni PSA is of potentially significant exploration interest and 3D seismic is planned for this year. o New appraisal seismic at Ntorya (Ruvuma) will provide well control and identify locations…
Ntorya-1, Ruvuma PSA, flowing 139 bpd condensate and 20MMcfd on test through a 1 choke, June 2012. Presentation to shareholders, Aminex PLC AGM, Dublin, Ireland, 22nd May 2013
Loading...
