Angus Energy Plc · LSE:ANGS

Angus Energy — Technical Presentation (November 2017)

5 slides from Angus Energy's technical presentation, November 2017

  1. Slide 1: Lidsey-X2: Geochemical Analysis Update

    LIDSEY-X2: Geochemical Analysis Update NOVEMBER 2017 1

  2. Slide 2: Lidsey X2 – Similarities to Brockham?

    Lidsey X2 – Similarities to Brockham? Lidsey X2 Brockham X4Z IS THERE OIL IN THE KIMMERIDGE AT LIDSEY? Total Organic Total Organic § As at Brockham, thin naturally Content % Content % fractured limestone beds are 0 2 4 6 8 10 12 14 penetrated at Lidsey 775 MD (m) § Values of Total Organic MD (m) 785

  3. Slide 3: Lidsey X2 – Comparison with Horse Hill

    Lidsey X2 – Comparison with Horse Hill ARE THERE SIMILARITIES TO HORSE HILL? Similar TOC values to § The Horse Hill discovery flowed oil from Horse Hill ✓ naturally fractured Kimmeridge limestone intervals The presence of naturally fractured limestones ✓ § Although the Kimmeridge is thinner at Lidse

  4. Slide 4: Lidsey X2 – Comparison with the Bakken Shale

    Lidsey X2 – Comparison with the Bakken Shale HOW DOES LIDSEY COMPARE WITH Tmax vs HI THE WORLD CLASS BAKKEN SHALE 1000 OIL PLAY? 900 Brockham X4Z - Kimmeridge Lidsey X2 - Kimmeridge Lidsey X2 - Oxford Clay § The Bakken Shale is a hybrid ‘shale oil’ play 800 analogous to the Kimmeridge. In both plays

  5. Slide 5: Lidsey X2 – Potential for Development

    Lidsey X2 – Potential for Development IS THERE POTENTIAL FOR DEVELOPMENT IN THE KIMMERIDGE AT LIDSEY? Kimmeridge AVG. Tmax Field Average TOC (%) Avg. HI Thickness (Degrees C) Lidsey 75m 2.76 421 521 Brockham 385m 3.87 425 542 Bakken Shale ~450m ~1.5– 11 425 <650 Conclusions: § The geochemical proper

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