Mexico: 111 years of E&P history, 78 years under state monopoly Premier screening high-graded gas Sureste Basin as best fit for entry Perdido oil Deep-Water, Emerging Oil + Assoc Gas Area proportional to Burgos Main Play: Neogene and…
Mexico: recent Energy Sector Reform Opening of a high potential energy sector to foreign investors after 78 years of state monopoly. Establishment of a clean and transparent process with an independent regulatory body, CNH.…
Mexico: Premier Sureste Basin Licence Position Successful entry (10% carried) into Blocks 2 & 7 in Q3 2015 Increased equity to 25% (paying) in May 2017 in Block 7, ahead of Zama well Block 7 Premier 25% Talos (op) 35% Sierra…
Mexico: Block 7 Zama Prospect (Premier 25%) W Zama-1 Well E Talos (op.) spudded the well in 166m of water on 21 May using the Ensco 8503 rig. Premiers pre-drill assessment of Zama was of it full stack reprocessed seismic data in…
Mexico - Zama-1 80-90 days (mid Aug) to drill W E Zama-1 Well and evaluate the well to TD of 4400 mTVD (no well test planned). 1 km Well was side-tracked to Forecast cost 61.5m gross, west and contingency 16 liner set above…
Global significance of the Zama Discovery Sits in top 10 largest offshore commercial oil discoveries of the last 5 years Offshore Oil Discoveries 300 mmboe since 2012 (Data courtesy of WoodMac) 2000 1500 1000 900 800 Reserves…
Zama Illustrative Development Scenario Illustrative development schematic Development conceptual engineering will commence shortly. Given the scale of the Zama discovery an illustrative fixed installation development could be much as…
Mexico - Block 7 - Fiscal Terms Royalty Royalties Royalty Sensitivity to Oil Price Government Oil Price /bbl Profit Oil Profit Oil (68.99%) Gross Revenues Corporation Representative barrel of oil at 65/bbl…
July 2017 www.premier-oil.com Premier Oil Plc 23 Lower Belgrave Street London SW1W 0NR Tel: +44 (0)20 7730 1111 Fax: +44 (0)20 7730 4696 Email: premierpremier-oil.com
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