Presentation on MZ 1 well – Pura Vida Energy Nl

Pura Vida Energy Nl · Dec 17, 2014 · 7 slides

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Slides

Presentation on MZ-1 well December 2014
Highlights MZ-1 well 4 stacked targets tested by a single vertical well (5 targets if well is deepened) Testing a range of play types (Cretaceous structural four way dip closures & Jurassic fans) MZ-1 offers the best chance of…
Well location MZ-1 well is uniquely located: Penetrates multiple stacked targets Penetrates source rocks Extensive follow-up potential across several MZ-1 WELL independent play types LOCATION Second well (2H 15) will be…
Multiple stacked prospects Mid-Miocene Channels Vertical alignment of multiple targets at Cretaceous (No trap but calibration) (Cenomanian & Aptian) and Jurassic levels. Large structural traps in the Cretaceous and giant…
MZ-1 Cretaceous Targets Cenomanian Target Level MZ-1 (Cretaceous) DEPTH MAP AMPLITUDE MAP Depth Section Depth NOTIONAL WELL section OUANOUKRIM EAST AnticlinalS tructure Cenomanian 23 km2 Aptian Target Level DEPTH MAP…
MZ-1 Lower Jurassic Targets MZ-1 (Lower Jurassic Fans) MZ-1 has multiple stacked deep NOTIONAL WELL water fans within the Lower Zoom Salt Jurassic interval that are inter- bedded within the assumed source rocks Each prospect…
Option for additional carry Carry under original farmin agreement capped at US215 million Newly negotiated option allows Pura Vida to continue carry to continue carry beyond cap, at Pura Vidas election If option is exercised and…