Project Locations San Joaquin, California Eagle Oil Project Onshore Texas Riverbend Project, 800 Bcfe potential Onshore Texas Gulf Of Mexico Sugarloaf Project, Blocks A and B 2 Empyrean Energy Plc
Geologic Overview Eagle Ford Shale Upper Cretaceous, highly organic black shale punctuated with intervals of fractured limestones, calcareous shale and bentonite Deposited during the global scale, Cenomanian-Turonian anoxic event a…
Land Overview Empyreans Sugarloaf AMI leasehold consists of a 3.0% working interest in approximately 25,397 gross (24,081 net, 722 company net) acres 100% held by production Average 75% net revenue interest Marathon is in…
Geologic Overview Greater Eagle Ford/Austin Hydrocarbon System Produces primarily from the Eagle Ford Shale and Austin Chalk and is one of the most prolific petroleum provinces in the US Productive fairway extends from the Rio…
Operations Sugarloaf AMI Operations Overview Marathon has announced successful down-spacing results in both the Eagle Ford Shale and Austin Chalk and intends to co-develop the Austin Chalk with the Eagle Ford Shale Marathon plans…
Operations Sugarloaf AMI Operations Overview Marathons current operations are focused on capital and operating efficiencies leading to optimized resource recovery Top quartile drilling performance Increasing recovery factors…
Texas Eagle Ford Shale Condensate Production 2006 through 2011 Upper Eagle Ford prospective across Karnes and Atacosa acreage Pilot testing extends Austin Chalk/Lower Eagle Ford success Testing vertical density in large…
Sugarloaf AMI Revised Reported as at Increase (EME 3%, net 2.25% 31 Dec 2013 1 Sept 2012 % after royalties) MMboe MMboe 1P Reserves 3.54 2.32 53 2P Reserves 6.52 4.40 48 3P Reserves 8.92 New New 2C Contingent 3.87 New New…
Barrels of Natural Oil & Oil Gas Sales Gas NPV(10)US Condensate Equivalent Liquids MMcf million MBBLS MMboe MBBLS 1P 1,542 835 6,999 3.544 52.9 Reserves 2P 2,649 1,636 13,420 6.521 97.0 Reserves 3P 3,486 2,302 18,768…
Operations Sugarloaf AMI Operations Overview Marathon continues to test stimulation designs to improve well performance Zipper stimulations from pads materially impacting fracture complexity and improving recovery Fluids, volumes,…
Current Oil Current Gas Gas Capacity Oil Capacity Central Facility Production Production (MSCFD) (MSCFD) (BOPD) (BOPD) E Sugarloaf 19,000 5,500 27,000 10,000 W Sugarloaf 28,000 9,500 30,000 10,000 S Sugarloaf 42,000 7,500…
There are currently four central processing facilities on the Sugarloaf AMI The typical central processing facility is expandable, and includes oil separation, treatment and storage facilities, water storage, and gas…
Commodities are marketed by Marathon on behalf of Empyrean Marathon oil price is based on Louisiana Light Sweet (LSS), and trades at a premium to WTI Marathons gas price is based on Henry Hub All gas is processed and NGL…
Summary A non-operated working interest position in one of the most prolific producing areas of the world-class Eagle Ford Shale Marathon Oil, the operator, is dedicated to aggressively developing the acreage (100+ gross wells…
Eagle Oil Project (California, USA) 58.084% Working Interest Valuable future project for the Company with large equity position Eagle north-1 well: 13.4 metres net pay from a gross 21 metres in the vertical well in the target…
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