2012 PROGRAM Exoma operated a large-scale exploration program targeting three independent resource plays across 5 large permits, covering 27,000 sq kms of the Galilee and Eromanga Basins: Twelve exploration wells drilled in a safe,…
MAP OF 2011 AND 2012 WELL LOCATIONS The 2011 and 2012 exploration strategy has been to explore the potential of the Galilee and Eromanga Basin acreage as a whole. The exploration objective is to understand and characterise the…
HSE PERFORMANCE Integrated Management System implemented to ensure safe work performance and good environmental outcomes 110,482 hours worked in 12 months to 31 October 2012 77,524 hours field operations (staff and contractors)…
COMMUNITY AND LANDHOLDERS Exoma is proactive in the communities in which it operates Co-ordinating its activities with local government Supporting local businesses and providing employment In 2012 2 million was spent in the local…
CSG The 2012 CSG exploration program consisted of 6 core wells testing the Permian Betts Creek and Aramac coal measures. The exploration objective is to test the CSG potential of the Betts Creek and Aramac coal measures across the…
CSG - RESULTS TO DATE The results of the 2011 and 2012 exploration show consistently low raw gas contents of between 1 and 4 m 3/tonne - 2012 wells record between 1 and 2 m 3/tonne. The coal analysis data to date shows very low gas…
SHALE OIL & GAS EXPLORATION 2012 Toolebuc Formation exploration wells: 4 shale core wells 8 shale chip wells (5 twin target with CSG wells) Exploration objective is to obtain data across 20,000 sq kms of permit area to characterise…
CONVENTIONAL SANDSTONES Katherine West-1 drilled in ATP 999P as a follow-up of Katherine-1. The well cored and tested the target reservoirs, the Adori and Hutton sandstones. The core contained residual oil in a tight reservoir band at…
CONVENTIONAL OIL PROSPECT MAP Prospect / Lead P50: OIP Katherine East 41 mmbbls Corona North 19 mmbbls Harmony 53 mmbbls Hatrick 25 mmbbls Ffestiniog 12 mmbbls 11
NEW VENTURES Exoma continually evaluates new business opportunities that leverage off the Companys exploration experience, operating capability and broad technical knowledge base. The Company has a senior geosciences team with…
2013 PROGRAM Galilee and Eromanga Basins Subject to confirmation of the 2013 JV Program and Budget: Conventional Oil Drill and test two oil prospects: Harmony ATP 999P [P50: 53 mmbbls OOIP] Katherine East ATP 999P [P50: 41 mmbbls…
CNOOC FARMOUT & PLACEMENT Announced on 10 September: C NOOC to increase stake in Exomas Australian ATPs from 50% to 60% under a supplemental farmin with CNOOC carrying 12.7 million of Exomas share of joint venture expenditure; C…