NORTHERN TERRITORY Its a Gas, Gas, Gas Central Petroleum Limited South East Asia Australia Offshore and Onshore Conference 19 21 August 2014
Activity update Integrate new gravity data. Progress permit award process with CLC Santos interpreting new data; Producing gas 327 km 2D seismic acquired 2013, at Palm Valley plus 573 km reprocessing Producing oil at…
Overview Australias domestic gas market facing supply shortfall in next 5 years Golden opportunity for N.T. to be a key supplier of domestic and east coast markets Comparable to QLDs gas exploration boom displacing the PNG…
Centrals Strategic Plan Short Term Develop resources, production capability, infrastructure and cash flow Purchase of Dingo and Palm Valley Done Reacquire Ooraminna Done 100% owned fields have exploration opportunities to triple…
Pivotal Location Could ReRate Central Assets Existing gas pipelines available for NT Market Major users Territory Generation / mining and industrial Darwin LNG operating / Ichthys LNG (2016) Proposed pipelines to connect NT with…
Building on solid foundations Oil and gas in production Palm Valley Gas Field and Surprise Oil Field in production (Year 1 revenue 12M) Dingo Gas Project on target for commencement in H1 2015 Operating footprint and key…
Near Term Exploration Within / adjacent Central infrastructure Poised for market opportunity Meaningful targets Palm Valley Central 100% and operated Ooraminna Central Santos JV area Dingo Central application area…
Palm Valley Deep large potential Opportunity South North Attractive volume estimates, indicative 5x existing reserve Arumbera A1 Sst target (Dingo field) Fracture development similar to Pacoota Sst would be very beneficial…
Ooraminna Field close to Dingo pipeline Ooraminna 2, drilled 2010 Pioneer Sandstone Flowed gas at 0.152 MMcf/d High angle fractures 393 km2 Inclined or horizontal wells likely to increase rates 181 km2 Arumbera Sandstone 38 km2…
Strategic objectives Medium Term Expand gas supply capability by exploring and developing identified opportunities utilising established revenue flow Southern Amadeus Stage 2 with Santos proceeding following Mt Kittys…
Mt Kitty Preliminary results Future objectives Confirmed presence of hydrocarbons Reenter wellbore, log, gas resampling Gas constituents include Helium up to 9% Obtain fracture information Flowed mixed gas at rates up to 500,000 cf/d…
Southern Amadeus Stage 1 results Representative Seismic Section showing major play types Cambrian Neoproterozoic Salt Salt Basement Untested Salt- Untested Intra- Untested Sub-Salt cored Anticlines Salt fault blocks…
Stage 2 Seismic indicative seismic program Indicative 1300 km Program 13
Key deliverables to proceed to the appraisal phase in Southern Georgina Basin Timeline of results from Whiteley 1 and Gaudi 1 During drilling and After completion of Results Results coring phase logging program 13 months 36 months…
Western Amadeus defining anticlinal trends Sparse data, now acquiring infill 11km x 11km 4km x 4km Exploration Strategy Acquiring infill gravity data at 2x2 km commenced July 2014 Cost effective data, resolves structural…
Strategic objective Long Term Development of next generation assets The Western Amadeus create an opportunity pipeline as infrastructure and market dynamics open adjacent areas Gravity then seismic Drill conventional targets,…
EP115 HVS unconventional potential JV with Santos TWT Structure, Pacoota Summary Proven source rock, up to 120 m thick Excellent gas shows whilst drilling Regional view postulated areas of unconventional plays Varying…
Wiso Basin conventional and unconventional Pipeline basement lineaments Oil shows Material growth opportunity Total area 43,217 km2 Analogous geology to SGB 15,352 km2 Oil shows in Cambrian carbonates, stratigraphic wells…
Summary Central is rapidly advancing the exploration and development of substantial acreage Australias domestic gas market supply shortfall creates Golden Opportunity for N.T. to be key suppliers Opportunity to aggregate…
Contact Details Central Petroleum Limited 5658 Jephson St., Toowong, QLD PO Box 1571, Toowong DC Qld 4066. Tel: +61 7 3181 3800 Fax: +61 7 3181 3855 Website: www.centralpetroleum.com.au 20
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