Atwood Eagle the rig used for the 2014 Phoenix South-1 discovery Finder Exploration - lets do it again 14 September 2016
Finder a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology 1. Why Finder 2. A proven track record of value creation 3. How we do it 4. How we are doing it again .. 5.…
Why Finder Commercially driven team with 130 years experience that has delivered: 17 transactions resulting in US213 million of value with recent transactions linked to success based payments & royalties carry in one upcoming well no…
So what have we been up to since last time drilled the Roc-1 gas discovery in the Bedout Sub-basin (December 15) following the 2014 Phoenix South oil discovery management restructure realigning roles and responsibilities to meet…
Management - a team that delivers Senior staff are technically driven professionals with a diverse and complementary range of backgrounds, skills and experiences with 130 years of expertise in global oil and gas exploration SHANE…
Management - a team that delivers Senior staff are technically driven professionals with a diverse and complementary range of backgrounds, skills and experiences with 130 years of expertise in global oil and gas exploration SHANE…
So what have we been up to since last time drilled the Roc-1 gas discovery in the Bedout Sub-basin (December 15) following the 2014 Phoenix South oil discovery management restructure realigning roles and responsibilities to meet…
Northwestern Australia - 15 Permits last year Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance Derby Broome Phoenix Phoenix Sth Roc Rankin Jansz/ Trend Scarborough Io…
Northwestern Australia - 17 Permits - 4 with an ORRI AC/P 61 Bayu/Undan Finder has: 100%* utilised its knowledge & database to bid and acquire acreage in gazettal rounds and farmins Argus Petrel since 2004 Poseidon Troughton…
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…
So what have we been up to since last time drilled the Roc-1 gas discovery in the Bedout Sub-basin (December 15) following the 2014 Phoenix South oil discovery management restructure realigning roles and responsibilities to meet…
Finder a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology 1. Why Finder 2. A proven track record of value creation 3. How we do it 4. How we are doing it again .. 5.…
Finder is a successful private oil and gas company focussed on capturing and de-risking prospective acreage through geoscience excellence is an opportunity company driven by data & deal flow has entered into agreements with major…
Northwestern Australia - 3 discovered fields Bayu/Undan Finder discovered: Olympus in 2013 - gas Phoenix South in 2014 - oil Petrel Argus Roc in 2015 - wet gas Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/…
Proven track record of value creation Since 2007 Finder has completed 17 transactions delivering carry in six wells of the five drilled so far four have encountered hydrocarbons delivering a total value of US213 million: sunks &…
Proven track record of value creation - our partners is now Slide 16
Finder a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology 1. Why Finder 2. A proven track record of value creation 3. How we do it the Bedout Sub-basin as an example 4.…
How we do it the Bedout Sub-basin Capture overlooked basins, corners of basins or play types + scale demonstrated hydrocarbon charge but data poor (ie no modern seismic data) Execute where we can leverage our regional knowledge to…
1998 acreage release round after BPs 1980 tight gas discovery blank canvas - gazetted in 1998 7 permits awarded in the west in Aug 99 5 wells were drilled 2 to the north 3 to the west Slide 19 Images after Department of…
2000 acreage release round getting closer 2008 acreage release Bedout Sub-basin Phoenix Phoenix Sth Roc residual of the 1998 round offered in 2000 no bids received Slide 21 Image after Department of Industry,…
2008 acreage release round hidden rewards Phoenix Phoenix Sth Roc Slide 23 Image after Department of Resources, Energy and Tourism
2008 acreage release round wheres the data Phoenix Phoenix Sth Roc Finders sweet spot to add value through data . Slide 24 Image after Department of Resources, Energy and Tourism
Finder acreage late 2009 where was everyone else Slide 25
Current NWS acreage holding here comes the gang Slide 26
What we did what what we bid what we did aeromagnetics 12,950 km2 12,000 km2 Aeromagnetic depth to basement estimates Slide 27
What we did what what we bid what we did aeromagnetics 12,950 km2 12,000 km2 2D reprocessing 4,000 5,900 km Slide 28
What we did what what we bid what we did aeromagnetics 12,950 km2 12,000 km2 2D reprocessing 4,000 5,900 km 2D acquisition 750 km 9,600 km 3D acquisition 400 km2 9,700 km2 Slide 29 seismic data courtesy of Spectrum
What we did what what we bid what we did aeromagnetics 12,950 km2 12,000 km2 2D reprocessing 4,000 5,900 km 2D acquisition 750 km 9,600 km 3D acquisition 400 km2 9,700 km2 Slide 30 seismic data courtesy of Spectrum
What we did what what we bid what we did aeromagnetics 12,950 km2 12,000 km2 2D reprocessing 4,000 5,900 km 2D acquisition 750 km 9,600 km 3D acquisition 400 km2 9,700 km2 exploration drilling - two appraisal drilling - Roc-2…
What we found 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 Phoenix Phoenix Sth Nebo Roc Caley Member Roc-1 4,380m WA-437-P…
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…
How we do it the Bedout Sub-basin Capture overlooked basins, corners of basins or play types + scale demonstrated hydrocarbon charge but data poor (ie no modern seismic data) Execute where we can leverage our regional knowledge…
Finder a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology 1. Why Finder 2. A proven track record of value creation 3. How we do it 4. How we are doing it again .. 5.…
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 Phoenix Broome kitchens…
Shallow water, high margin oil portfolio - exclusive of Bedout Exploration targeting four different, independent and proven oil provinces Inboard Barrow Sub-basin - EP 483 & TP/25 first 3D seismic data targeting low risk exploration…
Shallow water, high margin oil portfolio - exclusive of Bedout Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance with brand new 3D seismic to explore approximate limits of the…
EP 483 & TP/25 North Santo/Eagle Clio Gorgon Surrounded by oil and gas discoveries Year One 2D repro delivered 20 P&Ls Barrow Woollybutt Island Griffin/ Chinook Coniston/ Vincent Corowa Saladin Skate Stybarrow/ Laverda…
EP 483 & TP/25 North Santo/Eagle Clio Gorgon Surrounded by oil and gas discoveries Year One 2D repro delivered 20 P&Ls Barrow Key prospects confirmed by 145 km2 pSDM 3D Woollybutt Island seismic acquired in May 2015, plus…
EP 483 & TP/25 North Santo/Eagle Clio Gorgon Surrounded by oil and gas discoveries Year One 2D repro delivered 20 P&Ls Barrow Key prospects confirmed by 145 km2 pSDM 3D Woollybutt Island seismic acquired in May 2015, plus…
Shallow water, high margin oil portfolio - exclusive of Bedout Bayu/Undan 3D pSDM 2,770 km2 AC/P 45 Argus 100%* Petrel Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance with brand new 3D seismic to…
AC/P 45 - Alpha Delta-1 AC/P 56 AC/P 55 Cash/ North Maple 0 50 Bonza km Cracker Omega Greater Zeta 3D = 2,770 km2 pSDM Zeta Swan Iota Puffin Kappa Skua AC/P 45 100%* Lambda Alpha Alpha Chiron Epsilon T Cronus Sigma…
AC/P 45 - Alpha Delta-1 Alpha AC/P 56 AC/P 55 Cash/ North Maple 0 50 Bonza km Cracker Omega Greater Zeta 3D = 2,770 km2 pSDM Zeta Swan T Iota Puffin Kappa 67T Skua AC/P 45 Lambda Alpha KC 100%* Epsilon 68T Chiron…
Shallow water, high margin oil portfolio - exclusive of Bedout AC/P 55 Bayu/Undan 100%* 3D pSDM 3D pSDM 2,770 km2 440 km2 + 680 km2 AC/P 45 Argus 100%* Petrel Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/…
AC/P 55 - Bonza AC/P 56 AC/P 55 Cash/ Puffin play fairway North Maple 0 km 50 Cracker Bonza no seal Alpha Omega Greater Zeta 3D = 440 km2 Zeta Swan & 680 km2 Iota Puffin pSDM AC/P 55 Lambda Kappa Skua no sand Alpha 100%*…
AC/P 55 - Bonza 57T depth grid 57T depth grid 2D 3D pSDM Bonza Bonza S S 5.2S 5.2S Bonza Miocene- Bonza Miocene- Oligocene Oligocene TO TO Eocene Eocene Puffin Puffin 57T Palaeocene 57T Palaeocene Cretaceous…
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 Derby WA-500-P…
Gas portfolio - exclusive of Bedout Finder has amassed a significant and strategic gas portfolio across two independent and proven provinces Full carry in the Cronus-1 well - AC/P 52 plus AC/P 56 Shell operating and with success will…
Gas portfolio - exclusive of Bedout Bayu/Undan Petrel Argus Poseidon Troughton Is. Torosa Ichthys Wadeye Brecknock/ Calliance with brand new 3D seismic ++++ to explore 3D pSDM: 2,700 km2 approximate limits of the…
WA-500-P Urania North Triassic 3D pSDM depth Triassic 3D far amplitude WA-500-P 100%* Noblige Fletcher Mutineer/ Exeter Rankin Trend Angel Jansz/Io Pluto Urania Nth data courtesy of Searcher Noblige example Urania North…
Finder a successful private oil & gas company whose people deliver opportunity through knowledge, data & technology 1. Why Finder 2. A proven track record of value creation 3. How we do it 4. How we are doing it again .. 5.…
With a sustainable forward business model Finders offshore assets are located in a stable OECD fiscal regime with supportive state and federal governments all major Permit commitments have been satisfied to date 3D seismic commitment…
Conclusions Finder has a focussed team: with a demonstrated track record of value accretive transactions that has delivered exploration success with three offshore oil and gas fields to date built a high quality oil and gas…
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…