Oil Production & Development Permian Basin - Texas , USA ASX:WEL Update - 31 March 2020
Disclaimer This document is for information purposes only. It is not a prospectus, disclosure document or The estimated total prospective resources referred to in this presentation were first offering document under Australian law or…
Positioning for Tough Times Ahead and Preparing for Future Sunny Days Presentation prepared for Australian Energy and Minerals Investor Conference March 25th (cancelled) Winchester prepared this presentation prior to the double shock…
Company Background - Winchester Energy Ltd (ASX: WEL) Independent exploration and production company based in Houston, Texas USA with principal focus on the acquisition, exploration and development of oil and natural gas in the Permian…
Why explore in the Permian Basin, Texas The Permian Basin is currently the best oil address in the world outside of the Middle East 2nd largest oil field after Ghawar. Forbes 2017 Winchester Energy is the only ASX-listed company…
Production and Revenue Growth - 2019 Growing Production 312 bopd production net to Winchester WI in Dec 2019 quarter Strong Revenue Growth A1.8M net revenue in Dec 2019 quarter Active growth strategy to boost production,…
Capital Structure & Share Price Note: WEL Shares trading at 0.019 on 24 March 2020 Cash on hand WEL Share Price Graph 29 Feb 2020 A6.5 Million 9.0 Total shares on issue 687 Million 8.0 Total options on issue A0.12/share 44…
Why Winchester is Different Post-March 8, 2020 Striving to maintain strong revenue stream, lower cost of development and good economics at todays oil and gas prices. Experienced and Solid and experienced technical and operational…
Why Winchester is Different With a solid foundation in place for building a valuable oil and gas production company, we Positioned for are carefully evaluating and pursuing low-risk Growth exploration opportunities using strict…
Winchester Energy in the Permian Basin The Permian Basin is currently the best oil address in the world outside of the Middle East 2nd largest oil field after Ghawar. Forbes 2017 Winchester Energy is the only ASX-listed company with…
Development / Appraisal Programs & Exploration Prospects Mustang Development Targets P50: 2.03 mmboe* P10: 3.78 mmboe* Mustang Central Mustang South Mustang North Lightning Appraisal Program P50: 1.95 mmbo P10: 6.39 mmbo*…
Mustang Oil Field - Development Program The Fry Sandstone is the uppermost sand of the Strawn-age sediments. Production from the Mustang oil field is from the Mustang Central area, in the White Hat Ranch lease; areal extent is…
Mustang Oil Field - Additional Prospectivity Interpreted Summary sand pods The Fry Sand remains the primary target at Mustang. 3D seismic mapping indicates that the Fry is distributed in discrete pods within the lobes. Additional…
Mustang Oil Field Seismic Expression SW NE 2001 2004 2003 2005 2002 3902 Mustang North Penn Shale Penn Carb Fry Sand Fry Sand Maximum amplitude map FrySS5962 FrySS6073 FrySS5926 FrySS5992 Mustang North FrySS5953…
Exploration Prospect - Spitfire Strawn Channel Seismically-defined Strawn Channel prospect Spitfire is a 3D seismically-defined major Strawn channel feature interpreted to be filled with Upper Strawn Sand. Support for the…
Exploration Prospect - Spitfire Strawn Channel Seismic line XL1110 using velocity imaging The Spitfire Prospect will test a channel feature on 3D seismic. The interval was penetrated at the channel edge in the McLeod 212 Amerac…
Exploration Prospect - Lightning On Lower Cisco sand CCSS-3 fairway New Upper & Lower Cisco sand oil discovery Arledge 162 was a re-drill of the 1982 Arledge Upper Cisco Sand CCSS-2 161 well testing an Upper and Lower Cisco Arledge…
Exploration Prospect - Lightning New Upper & Lower Cisco sand oil discovery Successful completion for W Arledge Lightning 1 (161 Re-Entry) Prospect Pat 1 E production of the Upper and Lower Cisco sands - with gross 490 ft oil…
Exploration Prospect - El Dorado El Dorado Prospect Overview 4 Way Closure on Cisco - South of Lightning El Dorado is a 3D seismically-defined four-way dip structural closure at the Strawn and Ellenburger Limestone horizons.…
Exploration Prospect - El Dorado Arbitrary Seismic Line through the prospect El Dorado A El Dorado 240 1 Proposed Location 2009 Strawn Ellenburger Drill Location A Show Well Closure at Elbg, Strawn, Penn Carb Arledge…
Summary - Winchester Energy Ltd (ASX: WEL) Active and Successful Debt-free & Cash-Flow positive High working interests Five contiguous leases - 17,000 net acres 3D seismic over approximately 100 sq miles Exciting Exploration &…
Oil Production & Development Permian Basin - Texas , USA ASX:WEL Update 25 March 2020
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