Karoon Gas snapshot Brazil Farmed-out 35% equity to Pacific Rubiales Energy Corp * Australian Browse Basin Drilling progressing 5-8 wells Three well Santos Basin Exploration Drilling Campaign set to Poseidon field: commence December…
Investor information May 09: 221 million shares Poseidon discovery 12 million unlisted options Mar 12: Nov 07: Expected drilling Browse Market capitalisation approx Nov 04: Awarded Santos Blocks A1.1 billion A5.00 Awarded…
Past. Present. Future. What we have done What we are doing Australia- Australia Appraisal and exploration drilling 5-8 wells 2012- 2005 -Acquired WA-314-P and WA-315- 2014 P (100%) 2006 - Farm-out to ConocoPhillips Browse Basin…
Key personnel BOARD AND SENIOR MANAGEMENT ROBERT HOSKING EXECUTIVE CHAIRMAN CLARK DAVEY INDEPENDENT NON-EXECUTIVE DIRECTOR Founding Director and shareholder of Karoon Gas with 35 years of commercial experience. 30 years oil and gas…
Brazilian assets- Regional Activity Location: Santos Basin, Brazil. 300-400m water depth. On trend with Piracuca, Newton, Muluza, Maruja, Tiro and Sidon fields Prospective resource: 15 prospects and leads firmed up including…
Brazil assets Activity Summary Santos Basin Farm-out Agreement for Pacific Rubiales Energy Corp to acquire a 35% interest in Karoons wholly owned Santos Basin Exploration Blocks, S- M-1101, S-M-1102, S-M-1037 and S-M-1165 with an…
Brazil assets Drill target comparison, seismic inversion Seismic attribute study results Seismic amplitude and inversion tools work best where rock and fluid properties are Piracuca oil field (3 wells) seismic suitable. inversion…
Brazil Santos Basin - Drilling candidates Kangaroo Prospect Primary target is the Campanian sands interval which show a good seismic DHI (Direct Hydrocarbon indicator) Gross Prospective resource total for all levels - Mean…
Brazil Santos Basin - Drilling candidates Emu/Cassowary Prospect Bilby Prospect Target intervals indicated in yellow (sandstones) Target sand intervals indicated in yellow (sandstones) Primary target is the Campanian and…
Santos Basin Indicative development model and economics Karoon Review December 2012 10
Santos Basin Indicative development model and economics Karoon Review December 2012 11
Australian assets Karoon Review December 2012 12
Australian assets Browse Basin Location: Browse Basin, Australia. 450-600m water depth. On trend with Torosa, Brecknock and Calliance gas condensate fields. Other fields: Ichthys, Argus, Prelude and Burnside Karoon discovered…
Australian assets Browse Basin Boreas-1 test results: Pressure and flow data modelling by Karoon indicates that the Boreas test interval could flow at rates between 100 and 250 mmscfpd in a development case using 7 tubing above the…
Australian assets North Carnarvon Basin WA-482-P Location: North Carnarvon Basin, Australia. 400-2000m water depth. On trend with North Carnarvon Basin Mungaroo plays and Phoenix gas discovery Prospective resource: 4 prospects…
Australian assets North Carnarvon Basin WA-482-P Prospect example Prospective at a number of levels from Lower Jurassic Nth Rankin beds to Triassic, Top and Intra- Mungaroo Formation levels. 10 kms DELAMBRE 1 RMS…
Peru assets Block Z-38 Tumbes Basin Location: Tumbes basin water depths 300- 1000m. Close to fields that have produced over 1.6 billion barrels of oil Prospective resource range 16 prospects and leads identified with current Net…
Peru Maranon Basin - Block 144 Location: Maranon Basin, Peru. On trend with Situche Central oil field. Close to under-capacity oil export pipeline and major navigable rivers Prospective resource range: 3 prospects being…
Activity summary KAROON ACTIVITY 2012 2013 2014 Indicative time line ( October 2012) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 BROWSE BASIN (Aust) Drilling (firm) Boreas-1 Zephyros-1 Proteus-1 Drilling options 3D Seismic…
DeGolyer & MacNaughton Assessment Summary of DeGolyer and MacNaughton assessments of Karoon's Risked Number of Low Best High Mean Prospective and Contingent Resource Base as of 30th September 2009 Mean Prospects Estimate Estimate…