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2nd SE Europe regional Upstream Workshop – Energean Oil & Gas

Energean Oil & Gas · Nov 1, 2013 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 1
    On the Prospectivity of Western Greece Mr. Hank David, New Business Development Manager IENE, 2nd SE Europe regional Upstream Workshop Athens, October 31st- November 1st, 2013 1
  2. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 2
    Contents The Southern Adriatic Petroleum System Italy and Albania Field Analogs and the Potential for Greece Energean Ioannina and Katakolon Concessions (pending) Summary 50-80 mmbls Expected Recoverable (Greek ministry)…
  3. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 3
    S. Adriatic / Ionian Tectonic History The petroleum system(s) of the S. Adriatic, including NW Greece, are genetically related to continuous carbonate deposition on the Adria Plate as it drifted away from Africa and eventually impinged…
  4. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 4
    Hydrocarbon Play Distribution The successful exploration in S. Italy and Albania are essentially from the same play due to the shared geological history of the Adria Plate. The deformation of the plate edges in Italy (S. Apennines) and…
  5. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 5
    S. Adriatic Petroleum System S. Italy, Albania and NW Greece 5
  6. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 6
    The Southern Adriatic Petroleum System Italy and Albania Field Analogs and the Potential for Greece Energean Ioannina and Katakolon Concessions Summary 50-80 mmbls Expected Recoverable (Greek ministry) IOANNINA KATAKOLON…
  7. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 7
    Hydrocarbon Occurrence / Analogs The largest onshore oil and gas fields in Europe are associated with the Adria Plate. Exploration results and surface studies convincingly show the play extends to the south into NW Greece, where it is…
  8. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 8
    Analogs / Italy Eocene / Cretaceous karstified platform carbonates. Traps are created by E. Miocene compression / folding, Sourced by very rich Triassic / Lower Jurassic source rocks, and sealed by syn - to post depositional Tertiary…
  9. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 9
    Analogs / Albania Eocene / Cretaceous karstified platform carbonates and Miocene flysh reservoirs. Traps are created by E. Miocene compression / folding, sourced by very rich Triassic / Lower Jurassic source rocks, and sealed by syn-…
  10. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 10
    Delvina Gas / Condensate Field; Albania Closest analog to Ioannina Block 10
  11. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 11
    Summary of Petroleum System - NW Greece; Ionian Zone Western Greece and Albania have had a broadly similar geological history. The hydrocarbon potentials of both areas can therefore be expected to be comparable. R RESERVOIR TRAP…
  12. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 12
    Exploration Play Targets NW Greece; Ionian Zone The structural style and hydrocarbon play components of the Ionian Zone in Albania continue into NW Greece and will be the model for Exploration of the play here Thrusted Anticlines…
  13. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 13
    Exploration History; NW Greece Given similarities between NW Greece and S. Italy / Albania, comparatively little exploration has taken place IOANNINA 1940s: Exploration started in the 2nd World War by the Italian army. Several shallow…
  14. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 14
    Contents The Southern Adriatic Petroleum System Italy and Albania Field Analogs and the Potential for Greece Energean Ioannina and Katakolon Concessions Summary 50-80 mmbls Expected Recoverable (Greek ministry) IOANNINA…
  15. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 15
    Ioannina and Katakolon Blocks Oil seeps, well-shows & the Katakolon discovery provide evidence for favorable H/C exploration in the Ionian geotectonic zone. Multiple seeps / shows Aitolikon-1 4000 m flow of SR facies…
  16. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 16
    Ioannina Block Underexplored Area (4,187 km2) Only 11 wells, < 1500 Km 2D seismic Only one well in last 25 years (2001) Wells drilled w/o Extension of working analogues; Albania & Italy seismic or w/ very poor seismic data. Good…
  17. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 17
    Demetra-1 well: Pre-drill prognosis vs actual well 1999 2D seismic data by Enterprise Dip line reprocessed, 2001 Original processing, 1999 Original 1999 data was reprocessed by Enterprise 2001 with velocity field from…
  18. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 18
    Ioannina Block GOAL: Drill the first well in NW Greece to test a well imaged trap in the MZ section in the Ionian Zone Anticipated First Period Work Program Seismic Reprocessing: 1500 km FTG Survey G & G Studies (Satellite…
  19. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 19
    Katakolon Block IOANNINA PATRAIKOS KATAKOLON 8-10 mmbls Expected Recoverable (Greek ministry) 19
  20. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 20
    Katakolon Block Explored Area (545 km2) Oil Discovery 1981 Proven Play System DST: 1200 1400 BOPD Water Depth range 200-300m over discovery accessible from onshore (3.5 km) Single Reservoir: Oil 26-28oAPI. Solution gas contains…
  21. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 21
    Katakolon Block Structural geoseismic section West Katakolon discovery Potential for more Katakolo type structures offshore Oil migration from deeply buried MZ SR 21
  22. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 22
    Katakolon Block Summary 3D Reprocessing is proposed for First Period Work Program Proven oil field DSTs: 26-28o API, out of 2 zones 18m thick depth of around 2,500m, 1,000-1,400 bbls/day. Geochemical studies show the occurrence…
  23. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 23
    Contents The Southern Adriatic Petroleum System Italy and Albania Field Analogs and the Potential for Greece Energean Ioannina and Katakolon Concessions Summary 50-80 mmbls Expected Recoverable (Greek ministry) IOANNINA…
  24. 2nd SE Europe regional Upstream Workshop – Energean Oil & Gas – slide 24
    Conclusions; NW Greece Underexplored area with proven analogues nearby All elements of petroleum system are present: multiple source rocks sandstone and carbonate reservoirs structural traps (thrust and fold belt, diapirism)…

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