Pareto E&P Independents Conference January 17th 2008, The Soho Hotel, London Erik Haugane, CEO
All presentations and their appendices (hereinafter referred to as Investor Presentations) published on www.detnor.no have been prepared by Det norske oljeselskap ASA (Det norske oljeselskap or the Company) exclusively for information…
Det norske License trade E&P E&P Exploration Stavanger Oslo Trondheim Harstad 3 employees 25 employees 45 employees 10 employees
DNO International 39 % Previous Pertra share holders 40 % Det norske DNOI shall dilute to 25 % Other share holders 22 % during 2008 97,5 % NOIL Energy ASA Merger 2,5 % Other share holders process initiated All NOIL and…
3 producing fields generating 2,000 bopd Varg (5%), Glitne (10%) and Enoch (2%) 8 discoveries and 3 field developments Yme (10%), Fry (50%), and Goliat (15%) Expected production of close to 30,000 boe/day in 2012 Large reserve and…
No of Operatorships on the NCS Exploration wells in 2007
645.000 bbls produced during 2007 from three fields 610.000 bbls is prognosed for 2008. Yme will be in production 2009 contibuting with another 3000 BOPD
Det norske owns 50% in Fry and has equity in 3 licenses within the circle Recoverable volumes in the proven segments of Fry is 50 MBO PL 364 is likely to produce 100 millions bbls, total production within circle in the likely range of…
Upside potential. Top Updip of Reservoir waterbearing 2-14 well twt 100 MBO inside the A- license 6 Segment 5; Segment 7; 0,1 3,3 Segment 1; Segment 4; 14,2 16,8 Southea Segment 2; st 20,0 area Upside potential.…
5 wells drilled discovered 2000 Hydrocarbons in four reservoirs, 200 400 MBO Several compartments or segments Central Segment Complex reservoir and fluid systems Main Segment Several horizontal and vertical barriers PDO expected…
R P E R O S D E U R C V T E I S O N
Oil in Ty sand (10 MBO) and Heimdal sand (40 MBO) Thickness of Heimdal uncertain Oil in Heimdal fm is promising for the Paleocene prospects in PL 408 Additional exploration or an appraisal well Oil in good Spill point…
Block 16/2, North Sea Licences Statoil (op) 30 %, Det norske 30 %, Petoro 30 %, Talisman 10 % Water Depth 113 m 1 Billion bbls in place in difficult chalk reservoir Oil also in underlying basement Horizontal appraisal well planned…
Approved by License Decided by Operator Pending Optional
Mean Possible Det norske's Prospect License Operator recoverable recoverable share volumes volumes Draupne PL 001B Det norske 50 MBO 25 - 90 MBO 35 % Struten PL 383 Det norske 120 MBO 70 - 260 MBO 100 % Det norske/ Eitri/Phi PL 27B…
Block: 16/1 Licensees: Det norske (Op, 35 %), Statoil (50 %), PA Resources (15%) (PA will carry Det norskes exploration well costs) Water Depth: 111 m Drilling schedule: Q1 2008, Rig: Bredford Dolphin Discovered Volumes : West Cable…
Blocks: 7122/7, 8, 9, 10 and 7123/7 Licensees: Eni 65 % (OP), Statoil 25 %, Det norske 15 % Water Depth: 380 meters Drilling Schedule : Q4 2008, Rig: Polar Pioneer Volume range: 80-360 Mboe, rec. oil
Eitri prospect Ty sand (same as Ringhorne, which is in production) Det norske oljeselskap 25 % 40 MBO recoverable ExxonMobil (operator) 25 % Phi prospect (target in the same exploration well) Dana Petroleum 50 % 20 MBO recoverable To…
Blocks: 6507/3 and 6508/1 (parts) Licensees: Det norske 100 %. Water Depth: 350 m Sea bed logging (EM): Acquired 2006, positive indications of hydrocarbons Drilling schedule : Q3-08 Rig: Bredford Dolphin Volume range: 70 270 Mboe, rec.…
Block: 15/6 Licensees: ExxonMobil (30 % , Op), Statoil (50 %), Det norske (20 %) Water Depth: 112 m Drilling Plans: Freke: ASAP, the operator has requested rig capacity from the partners Prospect Volumes : Freke/Gere Complex: 35 - 235…
Risked potential with confirmed drilling programme Historic performance Target at IPO in 2006
APA 2007 awards expected within three weeks Det norske has defined several drillable prospects in this licensing round APA 2007 possible the last large licensing round in mature areas on NCS 20th round nominated concluded and…
Maintain and develop the position as the second largest Norwegian operating company Recent exploration success with Ragnarrock and Storskrymten discoveries (50 MBO net) Ongoing exploration campaign targeting 20 wells with 150 MBO…
Loading...
