Karoon Gas snapshot Brazil Farm-out completed - 35% equity to Pacific Rubiales Energy Corp * Australian Browse Basin Drilling progressing 5-8 wells US 40 million as consideration for the assignment of the Blocks Poseidon field:…
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 A1.2 billion A5.40 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 2005 - Acquired WA-314-P and WA-315-P 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, OGX BM-S-57 well discovered 110m Muluza, Maruja, Tiro and Sidon fields net 1000m gross hydrocarbon column…
Brazil assets Activity Summary Santos Basin Farm-out Canario-1 has not encountered material Agreement for Pacific Rubiales Energy reservoirs with hydrocarbons. Corp to acquire a 35% interest in Karoons wholly owned Santos Basin…
Brazil assets Drill target comparison, seismic amplitude A SABIA-1 CANARIO-1 KOOKABURRA B KANGAROO A NO MATERIAL PROSPECT PROSPECT OIL DISCOVERY RESERVOIRS WITH HYDROCARBONS Campanian target horizon Campanian level seismic…
Brazil assets Drill target comparison, seismic inversion Seismic attribute study results Piracuca oil field (3 wells) seismic inversion calibration. Seismic amplitude and inversion tools work best where rock and fluid properties are…
Brazil Santos Basin - Drilling candidates Kangaroo Prospect (formerly Pico do Jaragua E.) Primary target is the Campanian sands interval which show a good seismic DHI (Direct Hydrocarbon indicator) Gross Prospective resource…
Brazil Santos Basin - Drilling candidates 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…
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 November 2012 12
Santos Basin Indicative development model and economics Karoon Review November 2012 13
Australian assets Karoon Review November 2012 14
Australian assets Browse Basin Location: Browse Basin, Australia. 450-600m water depth. On trend with Torosa, 13/8/2012 Shell Brecknock and Calliance gas awarded WA-477-P condensate fields. Other fields: Ichthys, Argus, Prelude and…
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 millon scfpd in a development case using 7 tubing above…
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 November 2012 18
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 19 prospects and leads identified with current Net…
Peru Tumbes Basin - Drilling candidates Baleen Prospect amplitude map. Red areas indicate potential hydrocarbons located in crestal areas of the prospect. Karoon Review November 2012 23
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…