Dart Energy Limited Darts UK Shale Plays Developing Unconventional Value Presentation to Proactive Investor Conference London, February 2013 Eytan Uliel Chief Commercial Officer, DEI www.dartenergy.com.au
UNCONVENTIONAL GAS - TRANSFORMATIONAL AND GLOBAL. CBM and shale have transformed the energy landscape in North America and Australia Europe and Asia have significant untapped unconventional gas resources, rising demand and increased…
DART A GLOBAL UNCONVENTIONAL PLAYER Unconventional gas business with a global portfolio approach - CBM and shale gas assets Projects in each geography progressing to production / monetisation United Kingdom / Europe Airth,…
DART INTERNATIONAL CBM PORTFOLIO SCHEMATIC OVERVIEW 500 Global portfolio of CBM assets 50 licences; 8 countries; biggest onshore licence holder in UK 450 PEDL 133 Key CBM focus is PEDL133 in Scotland moving into development /…
DART INTERNATIONAL SHALE PORTFOLIO SCHEMATIC OVERVIEW 250 17 UK / Europe licences are prospective for shale No specific shale commitments; licences preserved through CBM activity Midland Valley Decreasing 200 Cheshire…
DARTS KEY UK SHALE PLAY THE BOWLAND SHALE, WEST AND EAST The most exciting shale play outside of North America Flow-rate established sizeable and potentially commercial Eastern UK Dart has one of the largest acreage…
BOWLAND SHALE PLAY (WEST) - MAJOR PLAYERS LICENCE POSITIONS Western Bowland Shale play most active, with ongoing exploration activity Dart has one of the largest acreage positions Cuadrilla IGas Dart Area (km) 1185 1363 1041 No.…
BOWLAND SHALE PLAY (WEST) REGIONAL SETTING Organic-rich, Lower Carboniferous shales present Shale generally thicker in basins than on platforms World-class source rocks 8
BOWLAND SHALE PLAY (EAST) MAJOR PLAYERS LICENCE POSITIONS Eastern Bowland Shale little data within Gainsborough Trough, but indications of hydrocarbon potential, both dry and liquids rich shale gas possible Dart has the largest…
BOWLAND SHALE PLAY (EAST) REGIONAL SETTING NE Normanby 1 and Grove 3 drilled as conventional exploration wells Represent a basinal and platform setting in the Eastern UK areas PEDL210 Gamma Active shales present in both wells…
BOWLAND SHALE PLAY DART RESOURCE POTENTIAL OGIP independently assessed by NSAI , October 2012 Substantial Resource potential: up to 110 Tcf, net to Dart Indicates substantial prospectivity in both West and East Bowland Shale plays…
DARTS UK SHALE PORTFOLIO - KEY MESSAGES 1 Unconventional gas is an exciting sector to invest in Gas is a primary fuel of the future - share of energy mix to catch up with oil by 20401,2 Unconventional gas resources are larger than…
END. THANK YOU. CHINA / INDIA / INDONESIA / UNITED KINGDOM / POLAND / BELGIUM / GERMANY
APPENDIX: UNCONVENTIONAL GAS PRIMER. CHINA / INDIA / INDONESIA / UNITED KINGDOM / POLAND / BELGIUM / GERMANY
WHAT ARE UNCONVENTIONALS Coal Bed Methane Shale gas Tight gas Gas is adsorbed onto the Gas is trapped within Gas trapped in impermeable surface of the coal the shale rock hard rocks or sands CBM and shale gas is the same end…
HOW IS IT EXTRACTED CBM EXTRACTION Water is removed from the coalbeds (dewatering), lowering the pressure in the coals and the gas is desorbed SHALE GAS EXTRACTION Water, sand and chemicals are injected into the rock at…
BASIC CBM WELL TYPES. Vertical Lateral Multi-lateral Lowest cost Used when coal seams are thin Minimise surface footprint Fastest completion time Horizontal drilling techniques Fastest gas drainage Effective for thick coal seams…
A TYPICAL SHALE WELL. Deep vertical well with one or more laterals Main difference is fraccing - pumping water and sand (98%) and additives…
AN UNCONVENTIONAL GAS WELL PRODUCTION PROFILE. Nature of the source rock results in a fundamentally different production profile Significant technical and commercial impact 20
UNCONVENTIONAL GAS PROJECT LIFE CYCLE. Identification Explore 1 - 3 yrs 1 - 3 yrs Full Scale Appraise1 Development1 20+ yrs 1 - 2 yrs Initial Development1 2 - 3 yrs Note: 1 Once a well has been drilled and is…
RESPONSIBLE ENVIRONMENTAL MANAGEMENT. CONCERNS INDUSTRY FACTS 1 Wells occupy large surface area Nuisance / drilling period…
Loading...
