Metgasco Ltd · ASX:MEL
Metgasco — PESA Deal Day 2021
11 slides from Metgasco's conference presentation, Jun 15, 2021
Slide 1: ASX Media Release: Corporate Presentation
ASX / MEDIA RELEASE ASX Code: MEL For personal use only 14 June 2021 Corporate Presentation Metgasco Ltd (ASX:MEL) (Metgasco or the Company) is pleased to provide a copy of the corporate presentation made at the PESA Deal Day on Monday 14 June 2021. This ASX announcement was approved and authorised
Slide 2: Farm-in Opportunity ATP-2020
Farm-in Opportunity ATP-2020 For personal use only Cooper-Eromanga Basin 1700m Loki Prospect Recoverable Prospective Resources Best P50: Oil – 6.4mmbo Gas – 13.1 Bcf PESA Deal Day June 14th 2021 Ken Aitken -CEO
Slide 3: Agenda – ATP-2020 Farm-in Opportunity
Agenda – ATP-2020 Farm-in Opportunity • Licence location and geographical setting. For personal use only • Summary of nearby exploration wells/ production history and infrastructure. • Licence History/ Summary of activities to date. • Loki Dual Oil and Gas Prospect Overview. • Loki Prospect 2D seism
Slide 4: ATP-2020: Cooper-Eromanga Basin Farm-in Opportunity
ATP-2020: Cooper-Eromanga Basin Farm-in Opportunity Ullenbury ▪ ATP-2020 is located in Depression South West Queensland on the southern extent For personal use only of the Mt Howitt High, a underexplored region of Windorah the Cooper-Eromanga Trough Coonavalla basin. Mt Howitt High Syncline Tintabur
Slide 5: Cooper Basin ATP-2020: local fields, discoveries and shows
Cooper Basin ATP-2020: local fields, discoveries and shows Oil and gas fields/discoveries/shows to west, north and east - pipeline across block Underexplored area – local drilling/seismic activity predominantly in the 1980’s - over 30 years ago. For personal use only Tamarama 1: Cocos 1: Basin centr
Slide 6: Cooper Basin ATP-2020 Top Cadna-Owie Depth Structure Map
Cooper Basin ATP-2020 Top Cadna-Owie Depth Structure Map Un-licence ATP2020 Acreage ✓2015 bid won by MEL ✓ATP granted May 2018 P90 ✓Located in SW QLD on the southern extent of the Mt. Howitt High. For personal use only ✓In close proximity to areas of hydrocarbon source and existing oil & gas fields
Slide 7: Loki Prospect – Dual oil and gas targets
Loki Prospect – Dual oil and gas targets Top Hutton Depth Un-licence ATP2020 Top Permian Depth ATP2020 Structure Map Acreage Structure Map P90 and P50 Loki Anticlinal closure For personal use only Prospect P90 P90 P10 Stratigraphic closure P50 P50 P10 P10 ▪ Primary Oil Targets: Anticlinal closure at
Slide 8: Seismic Interpreted Depth Model
Seismic Interpreted Depth Model Kercummurra 1 16km Hooley 1 Wyandra Ss: DST-1 Top Cadna-Owie eroded Rec 2900ft oil east of Loki, and Wyandra Wyandra Sand absent at Hooley-1 For personal use only API:51.5 Ss terminates Cadna-O Wyandra Base Wyandra Murta Namur Westbourne Birkhead Doonmulla Sands Pinch
Slide 9: Loki - Prospective Resources
Loki - Prospective Resources - 31 Mar CY21 ASX release • Oil and Gas prospective resources estimated in Loki prospect in ATP 2020 • Best(P50) recoverable oil resource of 6.4 MMbbl in Jurassic/Cretaceous sands For personal use only • Best(P50) recoverable gas resource of 13.1 Bcf in Permian sands • O
Slide 10: Opportunity Summary & Indicative Farm-in process
Opportunity Summary & Indicative Farm-in process ✓ Reasons to Farm-in to ATP2020: ✓ Metgasco experienced and successful player in Cooper – Pivot to gas producer in H1 CY22. ✓ Overlooked Licence for exploration activity no drilling since the 1980’s. ✓ For personal use only Licence commitments flexibl
Slide 11: Disclaimer/Resource Notes
Disclaimer/Resource Notes ▪ This presentation is being provided for the sole purpose of providing the recipients with background information about Metgasco Ltd’s (Metgasco) ATP 2020 Farm-in opportunity which is current only at the date of this presentation. No representation, express or implied, is