Solimar Energy Limited (ASX Code: SGY) Good Oil Conference September 2011 Oil seeps in canyon Solimars Kreyenhagen project Multi project drilling and production testing programs for conventional ( sandstone) and…
Why California and Solimar World class, safe haven oil province 35+ billion boe proved reserves 16% of U.S. crude oil reserves Contains 5 of top 12 U.S. oil fields 3 oil producer behind Texas and Alaska Reemerging, premier oil…
Corporate structure ASX Code: SGY SGY 12 Month Share Price Chart Ordinary Shares 427.4 million Options 75.2 million 7m Placement Announced Market Capitalization (undiluted) A29.5 million Testing Guijarral Hills Announced Cash A4.3…
California oil patch rejuvenated Drill 3D seismic & Drill oil & 2D Small surface production gas seeps seismic discoveries features technologies Zodiac Exploration Zodiac Exploration Bayswater project Bayswater…
California Oil Shales US Shale Plays Comparison Porous, thick, rich source/reservoirs at Source richness TOC Porosity moderate depth range means high per acre volumes and potentially lower exploitation costs 30% 30% 20% 18%…
Kreyenhagen location, location, location (NW San Joaquin Basin) Solimar is well positioned in the Kreyenhagen Shale oil play fairway and surrounded by oil majors 6
Kreyenhagen multiple high potential plays in one project Solimar 33.33% 100% and Operator 100% owner of prime 10,000 acre lease, 15,000 acres total Solimar benefiting from circa 8million spent in 2006 2008 on drilling and…
Kreyenhagen redeveloping a shallow 13 18API oil field Analogue to giant Coalinga field 12 miles on trend NW Oil trapped in thick sandstone reservoir which outcrops and seeps oil on west side of Solimar acreage Oil zone of 150325…
Kreyenhagen redevelopment first stage steam EOR production trial Steam Approximately 2/3rds of California 600,000 bopd is heavy crude Injection Oil Well Production Well Steam enhanced recovery of heavy oil is very common in the…
Kreyenhagen Oil shales thick, oily and with offset field production Mud Log Depth Sonic Log SPHI Solimar 33.33% to 100% and Operator VSH_NORM 1 1 SPHI CORE_POR 0 0 CORE_SO TOC 0 VSH_NORM 1 100 CORE_POR 00 CORE_SO 100 1 TOC 10…
Paloma drilling field appraisal well in August 2011 Solimar 25% ( Operator Neon) Paloma Prospect within the anticlinal closure of the large (133MMBOE) Paloma oil and gas field Stacked objectives commence at above 10,000 feet and…
Paloma multiple targets Located in the heart of the southern San Joaquin Basin on the Paloma Prospect Multiple targets 130 mmboe produced Paloma anticline field Defined by well control and 3D seismic 1,400 acre leasehold…
Tejon Footwall Prospect Solimar 40% and likely to increase its position Tejon Footwall Prospect Schematic Map Located on Tejon platform Southern margin of the San Joaquin Basin Between two substantial producing oil and gas fields,…
Tejon Footwall Prospect Schematic CrossSection Prospect 3D Seismic Line Alternate vertical well location Producing wells Extensive oil shows in target section High impact exploration footwall trap adjacent to oil…
SELH Shallow Gas Accumulation Solimar 100% and Operator SELH SELH 58 Bcf 3,900 acres under single lease held by continuous activity 58 Bcf BUTTONWILLOW 38 Bcf Dry gas accumulation in shallow…
SELH Additional Appraisal Drilling in 2011 Typical mudlog of gas zone in a SELH well Gas shows up on seismic data Lithology Gas readings Sandstone 8 prior wells with multiple gas zones in Pliocene sands 2,900 ft Most prior wells…
The Next 12 Months Converting Resources to Reserves Indicative 201112 Work Program (Advanced Projects Only) Target NET Resources (unrisked recoverable potential) 2011 2012 WI MMBOE J J A S O N D J F M A M J J A Paloma 25% 8 Field…
Contact Us For more information on Solimar Energy Limited visit our website: www.solimarenergy.com.au Registered Address: Solimar Energy Limited (ABN 42 112 256 649) 566 Elizabeth Street Melbourne Victoria 3000 Australia…
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