Carnarvon Energy Limited · ASX:CVN
Carnarvon Energy — Good Oil Conference 2019
18 slides from Carnarvon Energy's conference presentation, Sep 12, 2019
Slide 1: CVN presenting at Good Oil Conference
CVN presenting at Good Oil Conference 12 September 2019 Latest Highlights • Dorado-3 well flow testing is due to commence shortly following positive wireline logging results • Dorado-2 appraisal well successfully confirmed a large deposit of liquids (oil & condensate) and gas • Buffalo project is pr
Slide 2: Investor inquiries
so that it too can proceed to development phase. Overall, the Company is in a very strong position with a robust balance sheet and a line of sight to multiple development projects that are expected to generate substantial production outcomes for Carnarvon in the future.” Investor inquiries: Media in
Slide 3: A unique entry to the world class Dorado discovery
CAR NARVON PETROLE UI M LTD_ A UNIQUE = = TO THEWORLD CLASS _ DORADO DISCOVERY iy SEPTEMBER 2019
Slide 4: Resource estimates disclaimer
The resource estimates outlined in this Presentation are based on and fairly represent information and supporting documentation prepared by the Company’s Chief Operating Officer, Mr Philip Huizenga, who is a full-time employee of the Company. Mr Huizenga has over 25 years’ experience in petroleum ex
Slide 5: Refer to resources information contained in annexure slides
85 31 139 585 3 1. Refer to resources information contained in annexure slides
Slide 6: Dorado a local world class resource
Dorado CARNARVON A local world class resource Hydrocarbon bearing sands present across Caley, Baxter, Crespin and Milne Hydrocarbon “products” in terms of liquids (oil & condensate), gas and LPG’s Dorado-2 de-risked static uncertainties such as reservoir connectivity and volumes in 2019 Dorado-3 flo
Slide 7: FID 2020
162 90 2020 FID 5 1. Refer to resources information contained in annexure slides
Slide 8: Refer to resources information contained in annexure slides
748 332 110 240 6 1. Refer to resources information contained in annexure slides
Slide 9: Resource schedule
8 CVN 20% CVN 30% 1 2,140 2020 CVN 20% CVN 30% 7 1. Refer to resources information contained in annexure slides
Slide 10: New Now
New 3 31 Now 8 1. Refer to resources information contained in annexure slides
Slide 11: Buffalo working in a proven hydrocarbon region
Buffalo CARNARVON Working in a proven hydrocarbon region WD waszse Buffalo field discovered by BHP with the field brought into production in 1999 Million barrels produced from the Buffalo oil field between 1999 and 2004 Initial oil flow rate in the Buffalo oil field in 1999 (Barrels of oil per day)
Slide 12: Buffalo-1 cross section
Buffalo-1 3262m depth slice Crossline through Buffalo-1 Johnson Fm Turnstone Fm Buffalo-7 Fenelon Fm Buffalo-3 Buffalo-2 Buffalo-1 GibsonFm Woolaston Fm Up Jamieson Fm Outline of version 4 attic 3262m 3000m Darwin Fm Up Echuca Shoals Up Vulcan 1.5k m Lwr Vulcan EElang Ela ngg Fm ~60m 3262m depth sli
Slide 13: Well Head Platform and FPSO
Well Head Platform Mobile Offshore Production Unit and FPSO and FSO or Similar to original Ideal for early oil production Buffalo Oil Field Development and smaller field developments 11
Slide 14: Refer to resources information contained in annexure slides
12 1. Refer to resources information contained in annexure slides
Slide 15: 13
13
Slide 16: Gross Resources and Net Resources
Gross Resources (100% basis) Oil & Condensate Natural Gas Barrels of Oil Equivalent1 MMbbl BCF MMboe 1C 2C 3C 1C 2C 3C 1C 2C 3C Dorado 86 162 285 367 748 1,358 176 344 614 Roc 12 20 35 205 332 580 48 78 137 Phoenix Project Sub-Total 98 182 320 572 1,080 1,938 224 422 751 Buffalo 15 31 48 - - - 15 31
Slide 17: Gross Resources and Net Resources
Gross Resources (100% basis) Light Oil Natural Gas Barrels of Oil Equivalent Pg MMbbl BCF MMboe % P90 P50 Mean P10 P90 P50 Mean P10 P90 P50 Mean P10 Pavo 11 63 82 179 3 31 108 249 11 68 101 223 34% Apus Caleyi 12 91 125 279 3 44 163 373 12 98 154 344 21% Apus Baxteri 6 52 105 278 2 27 139 302 6 57 1
Slide 18: Contact
CARNARVON PETROLEUM LTD CONTACT HEAD OFFICE Level 2, 76 Kings ParkRoad West Perth WA 6005 7.461 8 93212665 &. admin@cvn.com.au CARNARVON PETROLEUM LTD