Europa Oil & Gas The Berenx Discovery An Overlooked Opportunity in the Aquitaine, France Rowland Thomas Chief Geophysicist- Europa Oil & Gas APPEX London 10-13 March 2014 www.europaoil.com 1 EUROPA OIL AND GAS PLC March…
Location Map Area of interest Aquitaine Basin, Southwest France Bearn des Gaves permit Europa Oil & Gas (100%) Held until Mar 2017 * Licence map not up to date 2 EUROPA OIL AND GAS PLC March 2014
Regional Structural Setting Bearn des Gaves permit is set within the proven petroleum province of the North Pyrenean foothills formed by the overthrust Saint Suzanne nappes and foreland Arzacq sub-basin. Area: 528 km2 DEEP…
Regional Structural Setting Regional cross section illustrating structural style over Bearn des Gaves Licence within the foreland Arzacq sub-basin and over thrust Saint Suzanne nappes A B 4 EUROPA OIL AND GAS PLC March 2014
General Geological Setting Berenx autochthonous discovery Sainte Suzanne thrust fault Berenx 1,2 Lacq Field 8.9TCF Seismic line Barremian & Neocomian Senonian oil 125mmbbl Berenx allochthonous prospect Saucede -1…
Bearn Des Gaves The Prize Shallow 1.5 billion of drillable potential gas resource identified S N Salt Berenx 1 20% gas shows in Neocomian Aptian Unc. GWC Top Neocomian Top Kimmeridgian. Berenx Shallow 416 bcf mean unrisked…
Berenx Shallow Top Neocomian TWT map Northern prospect margin defined The eastern margin is bound Allochthonous Cretaceous by the Ste Suzanne thrust fault by the Ste Suzanne-Menaut- crest 4 to 5 km WNW of the Loubieng High. Berenx…
Berenx Shallow Berenx-1 & 2 Well Correlation Berenx-1 Berenx-2 Range (MD) : 2000.00m - 3100.00m Range (MD) : 2000.00m - 3100.00m Scale : 1:5000 Up to 20% gas in Scale : 1:5000 Berenx-1 (red line) Sub-sequence Depth TVDSS…
Proven Hydrocarbon Play Reservoirs: Main reservoirs proven regionally in Jurassic and Cretaceous sections In Bearn Des Gaves Permit Barremian, Neocomian, Kimmeridge are the main potential targets. Note: no direct analogues…
Multiple proven trap types Multiple proven trap types Salt induced naturally fractured Barremian- Neocomian carbonates at Lacq Eroded and faulted Berenx Barremian- Neocomian carbonates at Meillon Fold and thrust Salt…
Gas discoveries and composition Autochthonous (sub thrust) and foreland produces sour, dry gas Allochthonous (supra thrust) sweet, wet gas 11 EUROPA OIL AND GAS PLC March 2014
Lacq / Meillion processing plant Permit 20km from major industrial complex which processed gas from the Meillon and Lacq fields. Sulphur export. Rare opportunity to explore and appraise significant gas resources close to existing…
Berenx Shallow summary Previous exploration (1950s -1970s) focussed on autochthonous structure Allochthonous plays generally overlooked. Prospect closure of 40Km2 (most likely) Sweet, wet gas most likely hydrocarbon phase Source:…
Bearn des Gaves forward plan Re-processing vintage data to improve western definition of trap. Preference to drill shallow prospect rather than shoot more 2D seismic. Berenx Shallow well cost 6million. Goal to spud well early…
Suggested Farm-in Strategy Two stage process. STAGE 1 Farm-in to shallow…
Opportunity Summary Onshore France: Aquitaine Basin - proven hydrocarbon province with 12 TCF developed gas to date Appraisal of the Berenx discovery in north Pyrenean foothills - proven gas accumulations in allochthonous and…
For further information contact: Europa Oil & Gas (Holdings) PLC Porter Street, London, W1U 6DD UK Telephone +44 20 7224 3770 maileuropaoil.com www.europaoil.com 17 EUROPA OIL AND GAS PLC March 2014
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