Lixus Opportunity Offshore Morocco MMEA Scout Group Meeting, July 2019
Chariot Oil & Gas Saipem 12000 RSD-1 Morocco Balanced exploration March, 2018 portfolio with giant potential Lixus - Material, high- value gas appraisal project Growing Moroccan gas Brazil market with Morocco attractive…
Morocco Portfolio Summary SPAIN Atlantic Ocean GME Anchois-1 Ain El Hamra Field MOROCCO Miocene Turbidites Cretaceous SR Type II-III Lixus ALGERIA MOH-B RSD-1 SDX Energy Gas KEN-A Production Kenitra…
Anchois Discovery Material, High Value Gas Project ANCHOIS-1 Anchois-1 gas discovery in 388 m WD, 40km from coastline Gas +ve Amplitude -ve Sand A 1C 156 Bcf*, 2C 307 Bcf* in Gas Sands A and B 2U Prospective Resource of 116…
Anchois Reservoir Description Gas Sand B 10 30 20 6 July 2019
Anchois Reservoir Description Gas Sand B Limited reservoir development in Merou and Larache area Feeder channels, conduits for sand transportation Sandy overbanks / splays Clear gas effect on frequency spectrum in…
Anchois Field Conceptual Development Plan Phase I Onshore Central Processing Facility 14 gas pipeline & control umbilical Anchois Satellites: Anchois Field: Exploration Drilling & Phase I Phase II Development…
Lixus Anchois Satellites Anchois W Anchois N B Sand Top Reservoir Amplitude Anchois N Anchois NE Anchois Anchois W Anchois WSW 89* Bcf 308* Bcf Anchois WSW Anchois SW +ve Amplitude -ve Anchois SW Anchois S 2 km 61* Bcf…
Lixus Additional Prospects Maquereau North Merged Top Reservoir Seismic Amplitude Maquereau North B Sand Equivalent Lar-A-1 Maquereau Central 254** Bcf Maquereau Central Maquereau South Merou-1 93** Bcf N Maquereau…
Lixus Exploration Portfolio Area is covered by 1700 km2 of existing 3D data All on-block discoveries exhibit AVO anomalies, all dry wells have no anomalies AVO products available and interpreted on the 2006 3D Lixus Licence seismic…
Growing Moroccan Gas Market Power plants Moroccan energy demand is forecast 0 km 50 GME Export 3 Pipelines Coal to double between 2015 and 20301 1200 Mscf/d Planned Pipelines Fuel Oil / Gas Sales Options Planned LNG Re-Gas Plant…
Morocco Fiscal Terms EXCEPTIONAL 200m WATER DEPTH Source - ONYHM 13 July 2019
Morocco Fiscal Terms EXCEPTIONAL 200m WATER DEPTH LIXUS OFFSHORE TERMS 8 year exploration term commenced 30th May 2019 Initial Period Commitment - 3D seismic reprocessing & desktop studies First & Second Extension Periods…
Lixus Offshore Project Opportunity Material gas resources at Anchois in discovered and low-risk ANCHOIS-1 Gas Sand A undrilled gas sands 423 Bcf Development plan uses conventional technology, with the Gas Sand B opportunity for…