Karoon Gas snapshot Brazil Farm-out completed - 35% equity to Pacific Rubiales Energy Corp Australian Browse Basin Drilling progressing US 40 million as consideration for the assignment of the Blocks Boreas-1 intersects target…
Investor information May 09: 221,420,769 shares Poseidon discovery 11,654,000 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 2004 ASX Listing Australia, Browse Basin - Appraisal and exploration drilling 5-8 wells 2012-2014 Australia- Browse Basin Australia, North Carnarvon Basin - farm-in to WA-…
Key personnel BOARD AND SENIOR MANAGEMENT KEY PEOPLE ROBERT HOSKING EXECUTIVE CHAIRMAN LINO BARRO ENGINEERING MANAGER Founding Director and shareholder of Karoon Gas with 35 years of commercial experience. Involved in the oil and 32…
Australian assets Karoon Review September 2012 5
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…
Browse Basin Indicative development model and economics Karoon LNG/condensate indicative development model economics (assuming a discovery of 7 tcf and based on a leading third party design concept) FIELD DEVELOPMENT, PIPELINE…
Browse Basin Indicative development model and economics Karoon Review September 2012 8
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…
Brazil assets Karoon Review September 2012 10
Brazil assets Santos Basin Location: Santos Basin, Brazil. 300-400m water depth. On trend with Piracuca, Newton, Muluza, Maruja, Tiro and Sidon fields Karoon discovered resource: Maruja oil field Prospective resource: 15…
Brazil assets Farm-out Agreement 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…
Brazil Santos Basin - Karoon Acreage play types Karoon Review September 2012 13
Brazil Santos Basin - Drilling candidates Kangaroo Prospect (formerly Pico do Jaragua E.) Target sand intervals indicated in yellow Primary target is the Campanian sand intervals which show a good seismic DHI (Direct…
Brazil Santos Basin - Drilling candidates Emu/Cassowary Prospect Target intervals indicated in yellow (sandstones) Primary target is the Campanian and Santonian sand intervals Karoon Review September 2012 15
Brazil Santos Basin - Drilling candidates Bilby Prospect Target sand intervals indicated in yellow (sandstones) Primary target is the Campanian sand intervals which show a good seismic DHI (Direct Hydrocarbon Indicator)…
Santos Basin Indicative development model and economics Karoon Review September 2012 17
Santos Basin Indicative development model and economics Karoon Review September 2012 18
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 19 prospects and leads identified with Current…
Peru assets Tumbes Basin Drilling candidates Merluza Marina Merluza, Marina and Marlin Prospects Target sand intervals indicated in yellow Merluza-1 will test three overlying prospects, Marina-1 will test five overlying…
Peru Tumbes Basin - Drilling candidates Baleen Prospect amplitude map. Red areas indicate potential hydrocarbons located in crestal areas of the prospect. Karoon Review September 2012 21
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 Review September 2012 23
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…