Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder 2. Discoveries 3. Other drilling 4. Future committed drilling 5. Pipeline…
Management - a team that delivers Shane Westlake 15 years experience as a petroleum geophysicist, seismic interpreter and Chief Executive Officer prospect generator including 5 years as Area Coordinator for PGS Reservoir, setting up…
Northwestern Australia - 17 Permits - 4 with an ORRI Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Phoenix Sth Roc Rankin Jansz/ Trend Scarborough…
Northwestern Australia - 17 Permits - 4 with an ORRI AC/P 56 AC/P 55 AC/P 61 Bayu/Undan 100%* 100%* 100%* AC/P 52 20% AC/P 45 Argus 100%* Petrel Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance…
Finder is a successful private oil & gas company focussed on capturing and de-risking prospective acreage on the North West Shelf of Australia has utilised its knowledge and database to bid and acquire acreage in gazettal rounds and…
Northwestern Australia - 3 discovered fields Bayu/Undan Finder discovered: Olympus in 2013 - gas Phoenix South in 2014 oil Petrel Argus Poseidon Roc in 2015 wet gas Torosa Troughton Is. Ichthys Wadeye Brecknock/…
Proven track record of value creation - our partners Finder has entered into agreements with major industry participants for the farmout, assignment and divestment of permit interests as detailed below: is now Page 8 and in June…
Growth driven by new 3D seismic data AC/P 56 AC/P 55 AC/P 61 Bayu/Undan 100%* 100%* 100%* AC/P 52 AC/P 45 20% 100%* Petrel Argus Poseidon 14,000 km2 of new 3D seismic data over Troughton Is. Torosa 12 surveys and 12…
approximate limits of the oil and gas kitchens Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance approximate limits of the oil and gas Derby Broome kitchens (schematic)…
Bedout Sub-basin 100% success in emerging province Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance approximate limits of WA-435-P WA-436-P the oil and gas Derby ORRI ORRI…
Gas portfolio - exclusive of Bedout AC/P 56 Bayu/Undan 100%* AC/P 52 20% Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance approximate limits of the generalised gas Derby WA-500-P…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder high level asset overview .. Carnarvon 2. Discoveries 3. Other drilling 4.…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend Scarborough Clio Gorgon Port Hedland Zola Dampier EP 483 & TP/25 Onslow Pipeline of Opportunities Page 15
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…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend WA-468-P Scarborough Clio Gorgon Port Hedland Zola Dampier Onslow Pipeline of Opportunities Page 17
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…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend WA-418-P Scarborough Clio Gorgon Port Hedland Zola Dampier Onslow Pipeline of Opportunities Page 19
WA-418-P Finder 35% Hyde-1 drilled in February/March 2016 - Finder fully carried: intersected water bearing sands at the Angel/Legendre Formation primary reservoir While this result was disappointing: the deeper Athol & North Rankin…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend Scarborough Clio Gorgon Port Hedland Zola Dampier WA-412-P Onslow Pipeline of Opportunities Page 21
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…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend Scarborough Clio Gorgon Port Hedland Zola Dampier Onslow WA-520-P Pipeline of Opportunities Page 23
WA-520-P - Finder 100% Jansz/Io WA-520-P: plays and leads Upr Jur BFF - Macedon, Pyrenees equiv. Sappho Keto Clio Gorgon JO shallow marine Jansz equiv. Satyr Gorgon JO BFF Barrow Deep equiv. Gas Field Olympus WA-520-P Oil Field…
Olympus gas discovery - WA-59-R - Finder 25% 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…
Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend WA-500-P Scarborough Clio Gorgon Port Hedland Zola Dampier Onslow Pipeline of Opportunities Page 27
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…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder high level asset overview .. Browse/Bonaparte 2. Discoveries 3. Other…
AC/P 55 - Finder 100% - Bonza AC/P 56 AC/P 55 play fairway North 0 km 50 Cracker Bonza no seal Alpha Omega Greater Zeta 3D = 440 km2 Zeta Swan & 680 km2 Iota Puffin pSDM Lambda Kappa Skua no sand Alpha Epsilon Chiron…
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…
Vulcan Sub-basin AC/P 61 Permit Overview AC/P 61 Awarded on 23 June 2016 Permit Year One 100%* 100% Operated by Finder Oliver 335 km2 Permit in 125 to 340 metres water depth Audacious 650 km2 pSDM reprocessing of the Onnia 3D…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder high level asset overview .. onshore Canning 2. Discoveries 3. Other…
Theia EP 493 Finder 100% McLarty-1 Theia-1 Edgar Range-1 Edgar Range-1 McLarty-1 Theia-1 well location Theia-1 drilled July/August 2015 to 1,645 mRT liquids rich shale play (Lower Goldwyer / Goldwyer III) initial…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder high level asset overview .. Bedout 2. Discoveries 3. Other drilling 4.…
Phoenix South oil field (2014) and Roc gas field (2015) Phoenix-1 Phoenix-2 Barret Member WA-435-P WA-436-P Phoenix 4,160m ORRI ORRI Broome South-1 Roc-1 Phoenix Phoenix Sth Nebo Roc Caley Member Roc-1 4,380m WA-437-P…
Roc-1 current assessment - WA-437-P crestal test of primary target was water wet Finders highside near top gas reservoir depth map (Phoenix South oil pay level) wet gas pay was intersected at the secondary target sands 1,2&3 90…
Bedout Sub-basin significant upside and running room significant oil in the system, ie Phoenix South oil field Roc-1 has excellent oil shows: above the Phoenix South-1 pay levels; in the gas reservoir; and at the bottom 50 metres…
Finder contact details For further information on this presentation please contact: Shane Westlake Craig M. Gumley Chief Executive Officer Manager Offshore Australia email: email: s.westlakefinderexp.com c.gumleyfinderexp.com…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder 2. Discoveries - in chronological order: Olympus, Phoenix South and Roc 3.…
Olympus gas discovery - WA-59-R - Finder 25% 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…
Bedout Sub-basin WA-435, 436, 437 & 438-P Permits Overview Phoenix-2 not in closure Finder transacted on all four Permits with Quadrant for Phoenix-1 success based payments & royalties in April 2016 19 km2 Permits awarded on 4…
Phoenix South oil field (2014) and Roc gas field (2015) Phoenix-1 Phoenix-2 Barret Member WA-435-P WA-436-P Phoenix 4,160m ORRI ORRI Broome South-1 Roc-1 Phoenix Phoenix Sth Nebo Roc Caley Member Roc-1 4,380m WA-437-P…
Phoenix South oil discovery - WA-435-P Phoenix-1 Phoenix-2 not in closure WA-435-P WA-436-P ORRI ORRI Broome 19 km2 Phoenix 3D = 1,100 km2 Nebo Phoenix Roc Sth 46 km2 WA-437-P WA-438-P ORRI ORRI Phoenix Port Hedland…
Phoenix South discovery - in their own words .. Phoenix-2 Phoenix-1 not in closure 18 August 2014 19 km2 Six oil samples recovered with API gravity estimates of 46 to 48 degrees permeabilities measured from the 46 km2 sampled…
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…
Roc-1 current assessment - WA-437-P crestal test of primary target was water wet Finders highside near top gas reservoir depth map (Phoenix South oil pay level) wet gas pay was intersected at the secondary target sands 1,2&3 90…
Bedout Sub-basin many commercialisation options Bedout Sub-basin offers a naturally hedged portfolio gas for the domestic market and/or oil depending on the economic cycle Roc-1 commercial viability - simple, low cost development…
Bedout Sub-basin significant upside and running room significant oil in the system, ie Phoenix South oil field Roc-1 has excellent oil shows: above the Phoenix South-1 pay levels; in the gas reservoir; and at the bottom 50 metres…
WA-436-P and WA-438-P Bedout-1 Lagrange-1 WA-436-P ORRI Broome Bandy BEDOUT UPDIP 3D = 3,490 km2 BANDY JO TWT (sec) Phoenix Nebo Phoenix Roc Sth 9,800 km WA-438-P Minilya-1 ORRI LCC - 110 km2 Port Hedland…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder 2. Discoveries 3. Other drilling - Theia-1 4. Future committed drilling 5.…
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…
Theia EP 493 Finder 100% McLarty-1 Theia-1 Edgar Range-1 Edgar Range-1 McLarty-1 Theia-1 well location Theia-1 drilled July/August 2015 to 1,645 mRT liquids rich shale play (Lower Goldwyer / Goldwyer III) initial…
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 73
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 74
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…
Finder Shale steps to commercialisation 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)…
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…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder 2. Discoveries 3. Other drilling 4. Future committed drilling - Cronus 5.…
Browse Basin AC/P 52 Permit Overview Cash/ Maple Awarded on 26 May 09 Permit Year Six (extended to 17) Puffin 20% Finder, Shell farmed in for 50% (Aug 13), Sasol 30% AC/P 52 Skua Large Permit (2,170 km2) in 450 to 1,330 m water…
AC/P 52 - Finder 20% - Cronus drill in Year 6 AC/P 56 AC/P 55 North 0 50 Bonza km Cracker Omega Greater Zeta Zeta Swan Iota Puffin 140 km2 Kappa Skua Lambda Alpha Cronus Epsilon Cronus Chiron Sigma Nth Keeling AC/P…
What is Cronus low risk Structural closure confirmed by the 2010 3D = 520 km2 Cartier West 3D pSDM seismic survey Cronus Cronus maximum areal extent 140 km2 AC/P 52 Argus Montara, Plover and Nome sandstone targets Poseidon…
Large resource based on pSDM 3D data Cronus is BIG Structural closure confirmed by 2010 3D pSDM seismic survey top Lower Plover Formation reservoir at 4,360 metres sub-sea (3,620 metres below mudline) maximum areal extent 140 km2…
Many commercialisation options Through: FLNG (eg Prelude/Concerto &/or Crux) Ichthys LNG 1st production 2017 Browse LNG Poseidon LNG Brownfield/floating development will be cheaper & demand continues from BG - 2014 72 mtpa…
.. and its not just Cronus Base Jamieson Near top Montara (JK) Chiron Hera Hera Rhea Tartarus Cronus Brontes Cronus Sphinx Cyclopes Sphinx SSW NNE SSW NNE 3,000 m 3,000 m 4,000 m Sphinx 4,000 m 5,000 m…
Finder is a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology Finder Business 1. Who is Finder 2. Discoveries 3. Other drilling 4. Future committed drilling 5. Pipeline…
Other Carnarvon Assets WA-468-P 100%* WA-418-P 35% Broome WA-412-P WA-500-P 100%* Phoenix 100%* Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend Scarborough Clio Gorgon Port Hedland Zola Dampier…
Other Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend Scarborough Clio Gorgon Port Hedland Zola Dampier EP 483 & TP/25 Onslow Pipeline of Opportunities Page 89
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 3D seismic 2D marine reprocessing 3,955 km data 2D seismic 2D transition processing 101 km data Barrow Ultracube MC3D reprocessing Page 92
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…
Other Carnarvon Assets Broome Phoenix Nebo Phoenix Roc Sth Mutineer/ Jansz/Io Rankin Exeter Trend WA-468-P Scarborough Clio Gorgon Port Hedland Zola Dampier Onslow Pipeline of Opportunities Page 95
Nth Carnarvon Basin WA-468-P Permit Overview Awarded 4 May 2012 Permit Year Five 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 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-468-P prospectivity summary mean STOOIP mean STOOIP Hemsky 1,440 mmbbls 81 mmbbls Ranford mean STOOIP Yakupov 226 mmbbls Gagner Horcoff Eberle mean STOOIP mean STOOIP 128 mmbbls Smyth Hall McSorley 623 mmbbls Kurri…
JS depth map visualisation 3D supported prospects Picard-1 Grey Rabbit-1 Levitt-1 Wigmore-1 Hamilton 6 - 182 mmbbls Anderson 5 - 148 mmbbls Gretsky 2 - 180 mmbbls approx. edge of Tertiary progrades and therefore limit…
Champlain Graben 3D defined prospects pSTM Legendre Fm. P&Ls* tilted fault blocks Legendre Fm reservoir Calypso Fm and Lwr Cretaceous seal Lower/Mid Jurassic source in situ or unobstructed migration pathways Hamilton Key…