Mec Resources Ltd · ASX:MMR
Mec Resources — Informa Australia Carbon Capture and Storage (CCS) Conference 2021
29 slides from Mec Resources's conference presentation, Aug 18, 2021
Slide 1: ASX Announcement: Professor Peter Cook to present at CCS Conference
ASX ANNOUNCEMENT For personal use only 18 August 2021 PROFESSOR PETER COOK TO PRESENT AT THE CARBON CAPTURE AND STORAGE CONFERENCE ON WEDNESDAY 18 AUGUST Please find attached Professor Peter Cook’s presentation at the Informa Australia Carbon Capture and Storage (CCS) Conference on Wednesday 18 Augu
Slide 2: Developing a Carbon Storage Project: PEP11 – Offshore Sydney Basin
For personal use only DEVELOPING A CARBON STORAGE PROJECT PEP11 – Offshore Sydney Basin August 2021 Professor Peter Cook, CCS Adviser to Advent Energy 1
Slide 3: IPCC Sixth Assessment Report 2021
For personal use only IPCC Sixth Assessment Report 2021 “It is unequivocal that human influence has warmed the atmosphere, ocean and land The scale of recent changes across the climate system as a whole and the present state of many aspects of the climate system are unprecedented Global warming of 1
Slide 4: The Take Home Messages
For personal use only THE TAKE HOME MESSAGES • Advent Energy proposes to drill a gas exploration well, Sea Blue-1, in the offshore Sydney Basin. • The exploration lease (PEP 11) is located close to the Newcastle-Hunter region - and major emission sources which will need to be cut if NSW is to meet i
Slide 5: The Advent Gas Project
For personal use only The Advent Gas Project 4
Slide 6: PEP11 – Offshore Sydney Basin
PEP11-85% Interest For personal use only PEP11– Offshore Sydney Basin: • The Sydney Basin has excellent potential for discovery of natural gas • PEP11 covers 4,649 km2 on the doorstep of Sydney-Newcastle & extensive gas infrastructure (<50km). • Current application to NOPTA to enable drilling as nex
Slide 7: PEP Permit Boundary
PEP 11 Permit Boundary -Black Outline 5 For personal use only
Slide 8: Baleen Anticline AVO Anomaly
TWT Seconds v.00 1200 A PEP 11 Baleen Anticline AVO Anomaly ADVENT ENERGY LIMITED Amplitude Anomaly Ju Tep Parmian Unconformity De risking target - Distinct amplitude (AVO) anomaly, phase change along strike and brightens with offset ea 8.900
Slide 9: The Advent Energy gas proposal
The Advent Energy gas proposal For personal use only 7
Slide 10: The Advent Carbon Storage Project
The Advent Carbon Storage Project For personal use only
Slide 11: Net Zero Pathway: CCS and Natural Gas
NET ZERO PATHWAY: CCS and Natural Gas For personal use only • Many of the same geological and engineering principles apply to carbon dioxide and methane so it is “familiar territory” • CCS has been applied commercially by the gas industry since 1995 at Sleipner • Depleted gas reservoirs offer one of
Slide 12: The Proposed CCS Project
The proposed CCS Project For personal use only Factors in decisions regarding storage potential • Geology • Data availability and prior knowledge • Regulatory regime and lease conditions • Location: distance from major emission sources • Scale of the CO2 emissions • Logistics of the site: existing i
Slide 13: Cost
For personal use only • Cost
Slide 14: Workflow for the Petrel Sub-basin CO2 storage study
Workflow for the Petrel Sub-basin CO2 storage study GA, 2014 For personal use only
Slide 15: For personal use only
For personal use only
Slide 16: Sydney Basin Reservoir Prediction Study – Sediment Distribution Maps
Sydney Basin Reservoir Prediction Study — MR705 Sediment Distribution Maps nen Engpset For Bat Lavnien Fos Bot Total Sediment Thickness ‘The Total Sediment Thickness’ ieopach map (Figure 96) nas been calculated ‘tom the difterence between the pre-Permian SEEBASE™ surtace and the digital @evation and
Slide 17: Possible AVO: Intercept vs Gradient Crossplot
rN ADVENT ENERGY LIMITED [ARenER ASO H/F eS SME Ol Afni | ily AM 7Q0000 76 5 SCE HE SEN, 16S A ITE OHA DAUM ADGA RMR ASST aE SYS ROR 25642 647 RRL]. 274 28S SIR HEH 8 A “BLAS SF ams cl ua ne meg, ono smo. tape Nano ame van Ie om mo sane fie = = Possible AVO: Intercept vs Gradient -Xplot Colour Schem
Slide 18: New Seaclem well and possible gas presence
For personal use only In 2011 the New Seaclem 1 well, sited north of Baleen, reached a total depth of 750m and encountered some reservoir- sandstones in “pre Cainozoic sequence possibly of Triassic age”, but more likely Permian. Possible gas presence for the dotted zones
Slide 19: Variation of CO2 density with depth
Variation of CO2 density with depth, assuming hydrostatic pressure and a geothermal gradient of 25°C/km from 15°C at the surface For personal use only
Slide 20: Full stack migration seismic PEP
B4-19: Full stack migration seismic PEP 11 For personal use only SUB-CRITICAL SUPER-CRITICAL
Slide 21: Possible gas presence for the dotted zones
Possible gas presence for the For personal use only dotted zones
Slide 22: Line B41 seismic
SS Line B41 (Time 3.0s)
Slide 23: For personal use only
For personal use only
Slide 24: Sea Blue Well
Sea Blue 1 Well For personal use only 30km offshore; water depth approx. 150m Target 2100m but potential to go to 3000m Outstanding opportunity to obtain storage data Conventional coring cost > $1 million per core, and current subsurface data not adequate for developing a coring programme. Proposal
Slide 25: The Proposed PEP CCS Project
The proposed PEP 11 CCS Project With Baleen and Sea Blue -1 as the starting point, what For personal use only additional activities could be used to assess the carbon storage prospectivity of the offshore Sydney Basin? • Sidewall cores of potential reservoirs and seals for extensive porosity and per
Slide 26: In Conclusion
For personal use only IN CONCLUSION • Advent Energy proposes to drill a gas exploration well, Sea Blue-1, in the offshore Sydney Basin. • The exploration lease (PEP 11) is located close to the Newcastle-Hunter region - and major emission sources which will need to be cut if NSW is to meet its target
Slide 27: Disclaimer and Important Information
For personal use only Disclaimer and Important Information This company presentation (the “Company Presentation”) of Advent Energy Limited (the “Company”) has been prepared by the Company solely for information purposes and for the sole use of the person to whom it is delivered. The Presentation i
Slide 28: For personal use only
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Slide 29: Thank you
For personal use only Thank you
MEC Resources — Informa Australia Carbon Capture and Storage (CCS) Conference 2021 on 6ix