CORPORATE PRESENTATION PASE BLOCK, ACEH PROVINCE, INDONESIA EXTENSION PHASE 2012 - 2032 FEBRUARY 2015
The New Indonesian DRAFT Energy Sector Recently elected Indonesian President Joko Widodos is a strong political leader focused on accelerating the countrys energy sector to satisfy growing consumption. Government Initiates:…
The New Indonesian DRAFT Energy Sector 4
The New Indonesian DRAFT Energy Sector 5
The Company Triangle has been awarded a 20 year extension to the Pase Production Sharing Contract (PSC) with effect from February 2012. Triangle has been the successful operator of the PSC from August 2009 to current. The…
Pase PSC Opera+onal Background Triangle purchased the PSC from Exxon-Mobil in Feb 2009 and has since achieved operational excellence Developed the project from shut-in / brownfield stage to production within 6 months…
Aceh & Sumatra Region Energy Infrastructure DRAFT Pase is located in the Aceh region in North Sumatra which has an established gas infrastructure and supply facilities to cater to the growing Asian energy markets as well…
Pase Contract Terms DRAFT Contract Type: Production Sharing Contract Period: 20 Years (2012 -2032) Acreage: 922km2 After Tax Revenue Split: Government APGE Gas 70% 30% Oil 85% 15% Working Interest: Aceh Pase Global Energy Pte…
Pase Mul+ple Opportuni+es Pase I Arun Pase II (Triangle) (ExxonMobil) (Triangle) Pase I & II working area is 922km located adjacent to Block B which is operated by ExxonMobil & contains the Arun mega gas field…
Pase Priority of Projects DRAFT RANKING PROJECT XF Lead (Pase old oil eld extension ) - Shallow Oil Opportuni-es 1 2 XK Prospects - Carbonate Reef Gas Prospects Re-development of Pase A & B Produc-on Field - Fractured…
Pase DRAFT 5 Year Work & Seismic Program Pase I Arun Pase II (Triangle) (ExxonMobil) (Triangle) Arun XE XF XL XC XK SLS A&D Exploration Well 2D Seismic Survey Pase A A-10 3D Seismic Survey 14
XF Lead Proven Oil Discovery The play was proven by Pase Old Oil Field in B Block, discovered in 1935. Produc-on commenced in 1937 with a peak produc-on reaching 3,000 BOPD. Pase old oil eld was abandoned in 1943 due to WWII…
XF Lead Proven Oil Discovery Explora+on Plan 25 sq.km Shallow 3D Seismic survey. 1 Explora-on Well + 1 Appraisal Well Development Plan 6 Development Well Produc-on Facili-es Economic: Assuming oil price…
XK, XL & SLSD Extension Carbonate Reef Gas Prospects Substan-al reef plays proven by surrounding gas elds discovery: Arun gas eld 20 TCF (3,500 mmscfd*) SLSD (250 mmscfd*) SLSA (200 mmscfd*) SLSB (250 mmscfd*) *Note:…
XK Prospect XK XK Prospect Line 69-4 18
XK Prospect line 69-4 19
XK Prospect Explora+on Plan Exploration Plan Economic Indicator Drill 1 Exploration Well, 1 Appraisal Well IRR 47% Acquire 150 sq.km 3D Seismic Development Plan NPV (10%) 294 MM Drill 6 Development Wells, 1 Injector Well…
Re-development of Pase A & B Field Three Inll Opportuni+es DRAFT Opportunity 1: BP-2 Sidetrack-1 BP-2 3 ac gas opportuniEes A-8 ST3 already idenEed by A-9 preliminary technical studies Opportunity 2: and further 3D…
Re-development of Pase A & B Field Opportunity 1 DRAFT Arc gas accumula-on immediately adjacent and up dip from exis-ng well A1 which ini-ally produced 100mmscfd 8 ow line and produc-on facili-es connected to adjacent well…
Pase DRAFT 3 Year Explora+on Work Plan Years Ac+vi+es Descrip+on Budget (MM) Remarks 2015 G&G Studies Seismic Repro, Passive 0.50 Seismic 3D Seismic Survey & 235.0 km 8.50 To cover all prospect and Processing leads in Pase…
Pase 1st Oil and Gas Test Work Schedule DRAFT 24
Aceh DRAFT Corporate & Social Responsibility DRAFT(CSR) Triangles Acehnese Community Development Program focuses on local health, education and economic development. Triangle continues to carry out regular CSR support:…
Goshawk Energy - ATP1186 Triangle farms into ATP1186 in the Surat Basin, Queensland DRIVERS Proven oil producing area Large license area (936km2) located in proven oil system in the Surat Basin in which over 100…
Goshawk Energy - ATP1186 27
Triangle Energy (Global) Limited Corporate Structure Issued Capital Market Capitalisa+on Ordinary Shares 2,704M 0.002 per share 5.410M Unlisted rights 59.55M (Closing price 18 January 2015) ASX Code: TEG 28
Board of Directors Board of Directors Edward Farrell (Non-Executive Chairman) Robert Towner (Managing Director & CEO) Darren Bromley (Executive Director, Company Secretary & CFO) Contact Details: Tele. +61 8 9286…