New Oil Province Uncovered at Phoenix WA-435-P WA-436-P CVN: 20% CVN: 30% Zeester MC3D Phoenix South-1 oil discovery Roc well Phoenix (proposed MC3D 2015) WA-437-P WA-438-P CVN: 20% CVN: 30% 185 kilometres
Further Exploration & Appraisal Roc-1 Phoenix Sth-1 Phoenix-1 proposed oil discovery discovery (2015) (2014) (1980) E Keraudren-1 Phoenix-2 N (1974) (1982) good reservoir, no closure no closure Bandy Lead oil source 10…
Cerberus: The Next Wave Carnarvon Basin, Western Australia
Strategic Location of Significant Scale Wandoo field Harriett field Stag field Existing oil fields or discoveries Existing gas fields or discoveries
Drill Ready Prospects Target Multiple Play Types A A A Interpreted A Horizons Upper Jurassic turbidite fan traps Upper Permian Structural closures Locker submarine Canyon/fan traps
Conclusion Major NWS opportunities
1 1 1. Includes an undiscounted receivable of up to US32m converted to AUD at A0.90/US.