Karoon Gas - Snapshot 1 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 commenced Poseidon field: December 2012…
Investor Information 2 Substantial Shareholders 221 million shares Rank Name %ISC 11 million unlisted options 1 Wellington Management Company LLP 12.72 Market capitalisation approx A1.46 billion A6.60 2 Talbot Group 11.89 Cash…
Past. Present. Future. 3 What we have done What we are doing Australia Australia 2005 -Acquired WA-314-P and WA-315-P (100%) Appraisal and exploration drilling 5-8 wells 2012-2014 2006 - Farm-out to ConocoPhillips Browse Basin -…
Key personnel BOARD AND SENIOR MANAGEMENT 4 ROBERT HOSKING EXECUTIVE CHAIRMAN CLARK DAVEY INDEPENDENT NON-EXECUTIVE DIRECTOR Founding Director and shareholder of Karoon Gas with 35 years of commercial 30 years oil and gas accounting…
Brazil assets Regional Activity 5 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 2 in…
Brazil assets Activity Summary 6 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 Santos Basin Drilling results 7 Kangaroo Oil Discovery Kangaroo-1 Indicative Kangaroo-2 Pressure data confirms a 25 metre oil location column in Eocene interbedded sands Oil measured at 42 degrees API Petrophysical analysis…
Brazil Santos Basin Drilling candidates 8 Emu/Cassowary Prospect Target intervals indicated in yellow (sandstones) Primary target is the Campanian and Santonian sand intervals Gross Prospective resource total for all levels Mean 350…
Brazil Santos Basin Drilling candidates 9 Bilby Prospect Target intervals indicated in yellow (sandstones) Targets are the Eocene Campanian and Santonian sand intervals which show a good seismic DHI (Direct Hydrocarbon Indicator)…
Santos Basin Indicative development model and economics 10 Karoon Review February 2013
Santos Basin Indicative development model and economics 11 Karoon Review February 2013
Australian Assets 12 Karoon Review February 2013
Australian assets Browse Basin 13 Location: Browse Basin, Australia. 450-600m water depth. On trend with Torosa, Brecknock and Calliance gas condensate fields. Other fields: Icthys, Argus, Prelude and Burnside Karoon discovered…
Australian assets Browse Basin 14 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…
Australian assets North Carnarvon Basin 15 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: 10 prospects and…
Australian assets North Carnarvon Basin 16 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 AMPLITUDE…
Peru assets Block Z-38 Tumbes Basin 17 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…
Peru Maranon Basin Block 144 19 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 20 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 interpretation…
DeGolyer & MacNaughton Assessment 21 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…
Loading...
