FINDER EXPLORATION Opportunity Technology Knowledge People Corporate Overview September 2015
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
North West Shelf - 15 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Phoenix Rankin Sth Jansz/ Trend Io Scarborough Clio Gorgon Port…
Carnarvon Basin - 6 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Carnarvon 3D seismic: WA-59-R** = 310 km2 two 3Ds WA-418-P = 1,520 km2 WA-412-P** = 580 km2 (inc.…
Bedout Sub-basin - 4 Permits Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Bedout Initial Partner Bedout 3D seismic: Phoenix** = 1,100 km2 Zeester = 3,490 km2 WA-435-P…
Growth driven by new 3D seismic data AC/P 56 AC/P 55 Bayu/Undan 100%* 100%* AC/P 52 20% AC/P 45 100%* Petrel Argus Poseidon 14,500 km2 of new Troughton Is. 3D seismic data over Torosa 11Ichthys surveys and 12 Permits:…
In our pursuit to FIND OIL AND GAS Finder .. is privately owned and focussed on capturing and de-risking prospective acreage on the North West Shelf of Australia is an opportunity company driven by geoscience excellence, data…
Historical transactions Finder has entered into agreements with major industry participants for the farmout, assignment and divestment of permit interests as detailed below: JX Nippon Oil & Gas Expl. Page 11 and in June 2015…
Expertise Jan Ostby 30+ years of experience in the non-exclusive seismic and oil industry. Managing Director Founding partner in Seismic Australia which was acquired by Fugro in 2000. Jan has been the Managing Director since founding…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Phoenix South oil discovery - WA-435-P - Finder 20% Phoenix-2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 3D = 1,100 km2 66 km2 46 km2 Phoenix Nebo Roc Sth Roc WA-437-P WA-438-P 20% 30%…
Phoenix South discovery - in their own words .. Phoenix-2 not in closure 18 August 2014 Phoenix-1 12 km2 19 66 km2 Six oil samples recovered with API 46 km2 gravity estimates of 46 to 48 degrees permeabilities measured from the…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Theia EP 493 Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome EP 493 Phoenix 100%* Phoenix Theia Rankin Sth Jansz/ Trend Io Scarborough Clio Gorgon…
Theia EP 493 Finder 100% McLarty-1 Theia-1 Edgar Range-1 Edgar Range-1 McLarty-1 Theia-1 well location Liquids rich shale play (Lower Goldwyer or Goldwyer III) Permit south of the Buru & Mitsubishi acreage and their…
Roc - WA-437-P - Finder 20% Phoenix-2 Capreolus = 5,100 km2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 66 km2 Phoenix = 1,100 km2 46 km2 Phoenix Nebo Roc Sth 9,800 km Roc WA-437-P WA-438-P…
Cronus - AC/P 52 - Finder 20% Cash/ Maple 3D = 520 km2 pSDM Puffin Skua 140 km2 Crux Cronus AC/P 52 20% Argus Poseidon Concerto/ Prelude Cornea Torosa Ichthys 3D visualisation of Oxfordian (Jurassic) depth surface…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
WA-436-P and WA-438-P - Finder 30% JO Middle Jurassic TWT WA-436-P 30% Bandy Broome 3D = 3,490 km2 Phoenix JO TWT (sec) Nebo Phoenix Roc Sth W01ARN15P 9,800 km WA-438-P 30% LCC -122 km2 Crest 1500 msec Port Hedland…
EP 483 & TP/25 - Finder 100% Rankin 2 km Trend Angel Jansz/Io Pluto Upper Birdrong Clio Barrow Gorgon TWT Zola Dampier Biggada EP 483 & TP/25 100%* Macedon Onslow Upper Nimrod Triassic S N TP/25 4,056 km 2D…
Prospectivity summary low risk NW Lightfoot Nth Lightfoot Santo N NE Anchor 6.9 mmbbl 24.6 mmbbl 18.0 mmbbl 11.7 mmbbl NW Santo A Anchor lowside 15.2 mmbbl 24.9 mmbbl Numbat MC3D NW Santo B final coverage map 14.8 mmbbl Fold…
WA-412-P - Finder 100% - Kanga - Permit renewed Kanga Prospect WA-412-P 100%* Nebo Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend KA to KV isochron showing existing fields and Kanga 3D initial pSDM viz…
Kanga Prospect WA-412-P Lacerta-1 Kanga is a large drill-ready oil prospect pSDM co-rendered with pSDM Vint 3,150 metres subsea with no anticipated over 2,000 mSS pressure mean volume of 130 mmbbls oil in place with high side…
WA-468-P Finder 100% Nebo WA-468-P 100%* Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend Nebo look-a-likes Nebo-1 JO (Oxfordian) depth map (m) Structural oil/gas play hydrocarbon charge from Mid/Lwr…
WA-500-P - Finder 100% Urania North Lead Noblige look-a-like Triassic depth Triassic amplitude WA-500-P 100%* Fletcher Mutineer/ Exeter Rankin Trend Angel Urania Nth open file data Jansz/Io Pluto Urania North Lead…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
AC/P 45 - Finder 100% - Alpha Permit renewed Delta-1 Cartier 3D extraction - Full stack Cash/ 3D = 1,000 km2 Maple Alpha pSDM prospect Puffin Skua Alpha Crux AC/P 45 Puffin targets 56T Argus 100%* T 67T Poseidon Concerto/…
JO Depth (m) A Confirms charge in east of AC/P 45 Alpha Prion-1 Delta-1 projected NW 2km Alpha projected NW 1km Prospect line of projected section AC/P 45 A HRDZ KC KV projected location of NBSS 13_a seep JO A…
AC/P 45 & 55 - Finder 100% - Zeta AC/P 56 AC/P 55 North 0 km 50 Cracker Bonza Omega Greater Zeta JO Zeta Swan Zeta Iota Puffin Kappa Permian Gas Skua Lambda Alpha Triassic Epsilon Chiron Cronus Sigma Nth Keeling…
AC/P 55 - Finder 100% - Bonza AC/P 56 AC/P 55 play fairway North 0 km 50 Cracker Bonza no seal Alpha 3D = 440 km2 Omega Greater Zeta pSDM Zeta Swan Iota Puffin Lambda Kappa Skua no sand Alpha Epsilon Chiron Cronus…
AC/P 56 - Finder 100% - Omega AC/P 56 Cash/ Shallow Amplitude Shallow Amplitude 100%* Maple hard Velocity Push 3D = 730 km2 Puffin 1 sec Down pSDM Skua Omega soft Prospect flatspot KC Crux 2 sec JH Argus 3 sec sag TR…
AC/P 56 - Finder 100% - Omega W pSTM in time E pSDM in depth with velocity overlay velocity slow = gas 0.5 sec Miocene DHI 1,000m 2,000m 1.5 sec velocityvelocity slow = slow = gas hydrocarbons Lw Cret. / Brewster Fm KC…
Vision FIND OIL AND GAS by bringing to the farmin market 3D supported North West Shelf drill ready opportunities Finder Business 1. Who is Finder 2. Discoveries 3. Committed drilling 4. Carnarvon Basin, Bedout Sub-basin and…
Finder - realising the vision FIND OIL AND GASthrough drilling Well Permit Spud Date Olympus-1 WA-450-P now WA-59-R Dec. 12 Phoenix South-1 WA-435-P May 14 Theia-1 EP 493 14 July 15 Roc-1 WA-437-P Q4 2015 Hyde-1…
Finder Contact Details For further information on this presentation please contact: Craig M. Gumley Shane Westlake Manager Business Development General Manager email: email: c.gumleyfinderexp.com s.westlakefinderexp.com Phone: +61…
NWS Australia Acreage Summary Opportunity Technology Knowledge People
Northern Carnarvon Basin WA-59-R Permit Overview Oxfordian depth map looking north-east Retention Lease awarded 13 August 2015 for five years 25% Finder equity, operated by Quadrant Energy (75%) Gorgon Clio Initial Exploration…
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Phoenix-2 Not in closure Awarded on 4 August 2009 Phoenix-1 Permit Year Six now expires 3 August 2017 for all Permits 19 km2 Large Permits (total 21,720 km2) - water…
Phoenix South-1 (WA-435-P) Phoenix-2 Phoenix-1 Keraudren-1 What BP said .. 240S 4,000m gross 767 metre interval 4,100m 2,900m 4,113 to 4,880 metres (gas influx at TD) 241T petrophysical evaluation considered a total net pay…
Phoenix South-1 (WA-435-P) Phoenix-2 Phoenix-1 Keraudren-1 What we thought pre-drill .. 240S 4,000m 4,100m 2,900m Low risk proven gas 241T Phoenix-1 de-risks multi-TCF structures, particularly Phoenix South & Roc 4,200m…
Phoenix South-1 (WA-435-P) and Roc-1 (WA-437-P) Phoenix-2 Phoenix-1 Keraudren-1 And today .. 240S 4,000m 4,100m 2,900m Phoenix South is an oil discovery 241T highside resource estimate as much as 300 mmbbls OOIP 4,200m 4 oil…
Phoenix Lower Triassic better reservoir confirmed average positive sand index Phoenix-1 Phoenix Sth Phoenix-2 Phoenix-1 241-20ms to 245 missed the sweet spot 239T 241T 245S Phoenix Sth Roc with Keraudren Roc…
Roc - WA-437-P - Finder 20% Phoenix-2 Capreolus = 5,100 km2 not in closure WA-435-P WA-436-P 20% 30% Broome Phoenix-1 19 km2 Phoenix 66 km2 Phoenix = 1,100 km2 46 km2 Phoenix Nebo Roc Sth 9,800 km Roc WA-437-P WA-438-P…
WA-436-P and WA-438-P - Finder 30% JO Middle Jurassic TWT WA-436-P 30% Broome 3D = 3,490 km2 Phoenix JO TWT (sec) Nebo Phoenix Roc Sth W01ARN15P 9,800 km WA-438-P 30% LCC -122 km2 Crest 1500 msec Port Hedland Spill…
Carnarvon Basin / North Dampier WA-418-P Permit Overview Angel Fm - Depth Map Awarded on 30 October 2008 extended Permit Year Six to 29 October 2015 Delambre-1 35% Finder equity, operated by Quadrant Energy Large Permit (3,645…
Nth Carnarvon Basin - WA-412-P - Permit renewed Permit Overview Renewed 10 September 2014 Permit Year One 100% Operated by Finder with water depth 120 250m WA-412-P pSDM reprocessing project completed before renewal 100%* Nebo…
WA-412-P - Finder 100% - Kanga - Permit renewed Kanga Prospect WA-412-P 100%* Nebo Fletcher Mutineer/ Exeter Angel Amulet Wanaea Rankin Trend KA to KV isochron showing existing fields and Kanga 3D initial pSDM viz…
WA-412-P hydrocarbon charge model looking south Fullswing-1 (2010 JX) Tigger-1 (2003 Woodside) Minor shows Late Cret. Dry Hole NO STRUCTURE Withnell Fm, Jurassic NO TRAP/X-FAULT SEAL Kanga Page 67
Kanga Prospect - WA-412-P Lacerta-1 Lacerta tested a truncation play, no base seal encountered Live oil shows whilst drilling + FIS anomaly demonstrates oil migration TWT (msec) T Kanga is: KA a robust structure (3D pSDM +…
Nth Carnarvon Basin WA-468-P Permit Overview Awarded 4 May 2012 Permit Year Four 100% Operated by Finder Large Permit (4,865 km2) with water depth 170 1,200m Nebo 3D pSTM reprocessing and 3D pSDM seismic reprocessing WA-468-P…
WA-468-P prospectivity summary mean STOOIP Yakupov mean STOOIP Hemsky mean STOOIP 128 mmbbls 226 mmbbls 81 mmbbls Ranford Horcoff Gagner mean STOOIP Eberle 623 mmbbls Hall McSorley Kurri North mean STOOIP Smyth 1,440 mmbbls…
JS depth map visualisation 3D supported prospects Picard-1 Grey Rabbit-1 Levitt-1 prop Wigmore-1 Hamilton 6 - 182 mmbbls Anderson 5 - 148 mmbbls Gretsky 2 - 180 mmbbls approx. edge of Tertiary progrades and therefore…
Champlain Graben 3D defined prospects pSTM Legendre Fm. P&Ls* Tilted fault blocks Legendre Fm reservoir Calypso Fm and Lwr Cretaceous seal L/M Jurassic source In situ or unobstructed migration pathways Hamilton Key prospects…
Anderson Prospect Legendre Fm. NW dip strike NE JO JC JO Hamilton Anderson Anderson Gretzky JC Hamilton Gretzky Anderson Data courtesy of Spectrum Page 74
WA-468-P potential 3D seismic survey Ideally situated to explore within the Lower to Middle Jurassic late charge corridor Excellent quality reservoirs and seals Multiple structures with potential for 100 mmbbls in place 3D defined…
Nth Carnarvon Basin WA-500-P Permit Overview Awarded 17 April 2014 Permit Year Two WA-500-P 100% Operated by Finder 100%* Large Permit (2,180 km2) in 1,050m to 1,550m water depth Fletcher 1,200 km2 pSDM 3D seismic reprocessing +…
2D seismic survey accelerated from Permit Year 3 July 2015 Dunnart MC2D well tie lines to integrate with Qi program WA-500-P B Urania approx. 3D outline North Permit Year One pSDM 3D repro. Drop Bear MC3D 2,600 sq km…
Arbitrary Line in depth original with original velocities A Pyxis-1 Pluto-4 Urania-1 Ixion-1 B B A Data courtesy of Searcher Seismic Pty Ltd Drop Bear pSDM MC3D www.searcherseismic.com 81
Arbitrary Line in depth pSDM Reprocessing A Pyxis-1 Pluto-4 Urania-1 Ixion-1 B high resolution velocity model corrected for complex ray paths obvious gas B deeper prospectivity requires longer offset A data…
Arbitrary Line in depth pSDM + initial JiFi** results A Pyxis-1 Pluto-4 Urania-1 Ixion-1 B T horizon K horizon JS horizon ARS10 horizon obvious gas Inversion results stretched to depth for display with vertical…
EP 483 & TP/25 - Finder 100% 2 km Surrounded by oil and gas discoveries 4,056 km 2D seismic reprocessing & Upper Barrow Birdrong interpretation in Year One delivered 20 P&Ls plus stratigraphic enhancement of Birdrong & new deeper…
Surrounded by hydrocarbon discoveries Oil Chinook/Scindian 1989 149.6 MMbbls Gas 81.7 Bcf Oil/Gas 13.9 MMbbls Cond Gas Shows Oil Shows Dry Chervil-1 1985 JO TWT Griffin 1990 149.6 MMbbls Taunton-1 1991 3.3 MMbbls…
2D seismic reprocessing 4,056 line km (13 vintages) 2D data from 1981 to 2005 2D marine reprocessing 3,955 km data 3D Seismic 2D transition processing 101 km data 2D Seismic Barrow Ultracube MC3D reprocessing Page 87
EP 493 executive summary Permit Overview Permit grant 1 March 2015 to Finder Shale following positive conclusion of Native Title negotiations Permit is 4,610 km2 in the onshore Canning Basin Good access & 99% vacant crown land…
So how does EP 493 compare pre-drill assessment vs. some of the best US shale basins EP 493 US shale parameters Australia Canning Basin Goldwyer III Information Finder EP 493 source Argillaceous mudstone with Finder…
Ordovician hydrocarbon occurrences superimposed on base Goldwyer III (base unconventional reservoir) depth map & well derived thickness (in brown) Thangoo-1A Goldwyer: oil bled from cores, Kanak-1 fluor, tr gas Willara: minor DST…
Goldwyer III depositional model base map is a residual Goldwyer III potential reduced to pole of the Significant unconventional aeromagnetic data Broome potential in Goldwyer III Limited or no unconventional potential in Goldwyer…
Goldwyer model appears validated Rocks ca. 460 million years old and in August 15 these were in the ground Page 95
Goldwyer model appears validated Rocks ca. 460 million years old and in August 15 these were in the ground Hydrocarbon generation - fluorescence in cores shows maturity with hydrocarbon odour and gas haze Page 96
Goldwyer model appears validated Rocks ca. 460 million years old and in August 15 these were in the ground Hydrocarbon generation - fluorescence in cores shows maturity with hydrocarbon odour and gas haze Goldwyer III - 120…
Great access easier to commercialise Theia-1 drilled in July/August 2015 Dampier Downs unsealed road 140 km 140 km Dampier Downs from Great Northern Highway (+50 km to Broome) road upgraded 3.5 km access track upgraded along…
EP 493 location & offset activity 1. Permit granted 1 March 2015 2. No significant remaining high potential and non-remote vacant acreage 3. Buru with Mitsubishi Yulleroo Ungani 5-20 mmbbls on production appraisal Valhalla EPT of…
Finder Shale valuation first steps Developed Production history 100s of wells drilled Appraisal US5,000 - 30,000/ acre Successful tests Consol/Noble Energy (Marcellus) Prod. from horizontals Chesapeake/BHP (Fayetteville) Modern…