Shale Plays in the McArthur Basin Borroloola Rodeo, Aug 2015 (photo courtesy Lou Daniel) John Warburton 27th August 2015
Content Empire Energy Group 100% owned subsidiary Imperial Oil & Gas The rocks; a remarkable petroleum system Unique acreage footprint Resource estimation USA examples & expertise Commercialisation Traditional Owners Roper…
Operating Asset Base Empire Energy Group: An independent exploration & production company focused on acquisition & development of conventional & unconventional oil & natural gas resources 290,000 net acres Australia USA 14.6mm net…
Snap Shot - ASX: EEG USA (Empire Energy USA, LLC - 100% subsidiary) Producing 1,250 Boe/d 2P Reserves 14.3 MMBoe 2P PV10 US 87 million 27,000 net acres conventional & unconventional - Kansas & Oklahoma 250,000 net acres Marcellus -…
NT Asset Overview Secured following Regional Screening over 2009/10 Tenements cover 14.6 million acres 100% working interest Includes 80% of the onshore McArthur Basin Trough Proven petroleum system Known gas composition C1…
Ancient Proven Petroleum Systems Central Trough Multiple Velkerri Stacked Targets 1.43 Billion yr old Katherine to Gove gas pipeline right-of-way Proterozoic laminated black organic sulphurous carbonaceous silt & mudstone Gove…
Organic Carbon Organic Carbon Prokaryotic Red algae Cyanobacteria 1st Eukaryote (Blue-green Algae) LIFE I Zwicky 18 1.87 Bn yr Great 3.47 Bn yr 1.49 Bn yr Oxygenation Event 1.2 Bn yr 4.6 2.5 1.6 1.0 0.54 Bn Years…
Biosphere Evolution O2 Great Oxygenation Event Biologically induced O2 produced by 100% Cyanobacteria % of Present Day Atmospheric O2 Prior to 2.3 Bn yr all O2 captured in BIFs After 2.3 Bn yr O2 sinks were saturated and O2…
Organic Carbon Preservation O2 100% McArthur Basin Shelf % of Present Day Atmospheric O2 Partial oxia above 12m water depth 25% Anoxia unavoidable below 25m 10% Central Trough Okenane bio-marker & Central Trough likely…
Imperial has the ingredients . Organic Carbon Anoxic Basin Presence depositional environment Stromatolitic carbonate 3.465 Bn Yr onwards Sandstone Roper Group Shale M Carbonaceous shale 1.43 Bn yr Velkerri S S Source Rocks M…
Shale depositional environments Central Trough restricted basin Organic Carbon Preservation in restricted anoxic trough Narrow restricted fault-bounded depo-centre 1.64 Bn yr GDE Sediment Upper Contemporaneous shelf, slope & basin…
Central Trough GDE at 1.64 Bn yr Imperial acreage has the depo-centre with the greatest predicted TOC preservation & shale thickness NW SE McArthur Basin Central Trough Shelf - St Vidgeon Fm (partial anoxia) Slope - Vaughton…
Overall Basin Architecture Imperial acreage has the depo-centre with the Imperial Licenses Velkerri greatest predicted TOC preservation sub-basin A & shale thickness Proximal VS Slope West Fault Emu Fault Shelf A Slope…
Petroleum Generation W Shelf St Vidgeon Fm Increasing TOC E Imperial Oil & Gas 2014 Well BCF-SC-04 BCF-SC-04 Basin - Barney Creek F (Average TOC 4.6%) Ro GL Oil Sandstone & Siltstones 1% TOC avg. Shale & Carb…
Specific Proterozoic Analogues Lena-Tunguska Basin e.g. Imperial Russia Tenements Siberia, Russia Proterozoic source rocks are Conventional dolomite reservoirs major petroleum sytems 25 hydrocarbon discoveries China -…
Prospect Evaluation Common Risk Segment Approach 1. Play Fairway Definition 2. Common Risk Segments 3. Prospect Definition Shale Risk Elements Presence Depositional environments Quality (TOC & Mineralogy) Maturity Thickness…
Resource Estimates Imperial WI = 100% Royalties = 12% Resource estimates are conservative Total thickness of Velkerri & Barney Creek Shale assumed 350ft, but in some sections up to 1,500ft thick Geological discount factor 50 - 75% to…
USA Resources Analogue USA Fields (BBoe) Panhandle, TX Elk Hills, CA McArthur (P50), NT McArthur Basin Wasson, TX Prospective P(50) Resource Belridge South, CA (Independent review) Yates, TX Thunder Horse, GOM Kern River, CA…
USA Basin Scale Analogue Prospective Un-risked Imperials resource estimates are Basin Area km2 Prospective (million acres) Resources conservative Imperial 22,258 P10 24 Tcfe * Licenses (5.5 mm) P50 10 Tcfe * *BCF & Velkerri only…
What we can learn from AELP Unconventional resource development Exploration / appraisal to full field production for maximum shareholder value Targeting & landing-point optimization Identifying the best interval for cost effective…
Leading Edge Technology Why In-house Expertise Counts Source: Energy ASX Code: EEG& Capital, Aug 2015
Early Commercialisation Imperial has a unique opportunity for very early DARWIN stage development with target located beneath 3 trains +11.5MMtpa 6 trains 30MMtpa & aside an existing pipeline & roadway TENNANT CREEK MT ISA…
On-Country Traditional Owners are supportive of Imperials Plans 25 On-country 3 Final Agreements meetings with 13 Approved to negotiate agreement Traditional 8 Requested further discussion Owners 1 Non-consented 4 final meetings…
McArthur Basin Summary Imperial a 100% owned subsidiary of EEG ASX: EEG Non-binding US75 million Farm-in LOI with an affiliate Empire Energy Group of American Energy Partners to earn up to 80% WI Level 7, 151 Macquarie St High…
Thank you Imperials Vision is safely to develop the petroleum resources while preserving cultural heritage, customs & natural environment www.empireenergygroup.net ASX Code: EEG
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