DUG Conference August 2014 Bringing New Approaches to the Cooper Basin Duncan Lockhart Acting Chief Technical Officer
Qualified Petroleum Reserves and Resources Evaluator Requirements The information in this report that relates to Reserves and Contingent and Prospective Resources is based on information compiled by Mr Neil Thompson, General Manager…
Vision and Approach Our goal is to build Australias leading independent oil and gas company through: Delivering sustained growth in shareholder value; Being a partner and employer of choice, well regarded by our communities and…
Cooper Basin Footprint Only ASX 200 Company Offering Pure Cooper Basin Exposure 4
Cooper Basin: Australias Premier Onshore Petroleum Address What can our rocks do How do we get the most out of our rocks Are there better rocks elsewhere Play-driven approach having a great position in great plays Source:…
Regional Evaluation Process: Project Uber 1. Fields - Review oil and gas accumulations 2. Plays - Define extent of proven oil and gas plays and calculate remaining potential 3. Technology Review Do we have the best seismic and well…
Regional Evaluation Process: Project Uber Bail-out Ideas Bail-out Opportunities Bid/Trade/Divest Studies 1. WHITE SPACE SCREENING 2. BASIN FRAMEWORK STUDY STUDY (1-3 months) (3-6 months) 3. DEVELOP BUSINESS PLAN Data gathering…
Cooper Basin: Australias Premier Onshore Petroleum Address Permian is main source rock Triassic Zero Edge Oil and gas migrate from low to high Ridges act as focal points for migration Oil and gas migrates until a trap causes it…
Oil Fairways Potential for oil to be generated from several intervals including the Permian and Jurassic Most Cooper oil typed to the Permian rocks Most oil reservoired in the Jurassic Eromanga Basin sediments Main oil fields…
Oil Fairways Western Flank Oil Fairway optimally located 10
Gas Fairways For gas, source rocks need to be hotter and more deeply buried Source rock types associated with Permian produce more gas than oil Gas generated later than oil tends to be found in more central parts of the…
Gas Fairways Unconventional Gas Plenty of gas but the rocks too tight to allow migration Patchawarra Formation is self-sourcing. Mature coals and shales producing oil & gas and charging surrounding sandstones Roseneath Epsilon and…
Gas Fairways: Nappamerri Trough versus Patchawarra Trough Only party with interest in both plays Patchawarra Trough is more liquids-rich, with less CO2 and at lower pressure and temperature, however the size of the prize is…
Unconventional Gas: Value Milestones Four key steps to establishing a viable Unconventional project: Profitability Producability Do selling price, project costs and What volume production Prevalence and rate can the combine to…
Unconventional Gas: Seismic Provides the Roadmap More than 1,050km 3D seismic survey conducted by WesternGeco, a unit of Schlumberger. Latest technology used to meet the Interpret and understand structural elements resolution…
Summary: Bringing New Ideas to an Established Region Only pure Cooper Basin-focused company in the ASX 200 Senior technical team with decades of experience in Australia and overseas Project Uber helps us to be proactive in…
HEAD OFFICE Level 16 55 Clarence Street Sydney NSW 2000 P: +61 2 9249 9600 F: + 61 2 9249 9630 E: admindrillsearch.com.au W: drillsearch.com.au Please contact for further information Dudley White General Manager Corporate Communications
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