Pancontinental Energy Nl · ASX:PCL
Pancontinental Energy Nl — Investor Presentation (March 2024)
11 slides from Pancontinental Energy Nl's investor presentation, Mar 20, 2024
Slide 1: Investor Webinar Presentation
Investor Webinar Presentation 20 March 2024 ASX: PCL
Slide 2: Disclaimer
Disclaimer These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, or any offer to underwrite or otherwise acquire any securities, nor shall any part of these materials or fact of their distribution or
Slide 3: Pancontinental's PEL 87
Pancontinental’s PEL 87 • Permit awarded in 2018 to Joint Venture led by PCL (75%) • 10,970 km2 within Namibian Orange Basin • Continued drilling successes from various Operators on- trend • In particular, the recent Mopane discoveries to the south bode well for PEL 87 prospectiviy Namibian PEL 87 O
Slide 4: Orange Basin – Mopane Discoveries
Orange Basin – Mopane Discoveries • Galp Energia recently announced Mopane-1X and Mopane-2X oil discoveries, reportedly within excellent quality sandstone reservoirs • Pre-drill target was reportedly 10 Billion barrels oil (oil-in-place)* Saturn • Mopane-1X encountered light oil at two levels, AVO-1
Slide 5: Orange Basin – TotalEnergies, Shell & Chevron
Orange Basin – TotalEnergies, Shell & Chevron • TotalEnergies recently announced the Mangetti-1X discovery (including successful appraisal of Venus to north) Saturn • Mangetti-1A appraisal well pending – reported to potentially be one third the size of Venus PCL Moosehead-1 PEL 87 Chevron GALP • Als
Slide 6: Orange Basin Cretaceous Discoveries
Orange Basin Cretaceous Discoveries • Seven discoveries thus far throughout Cretaceous section • All stratigraphically above the Aptian- Graff (ponded turbidite sands?) Barremian Kudu oil shale source formation Lesedi Mopane AVO-1 • Variety of structural settings and trapping styles Jonker • Intra-s
Slide 7: PEL 87 3D Seismic Survey
PEL 87 3D Seismic Survey • 6,593 km2 survey completed May 2023 • Fast-tracked PSTM and PSDM volumes enabled early interpretation A • Final PSDM products received late January 2024 • PCL full interpretation effort commenced early February 2024 Saturn Core Area • Interpretation remains at a preliminar
Slide 8: Fast-tracked PSTM vs Final PSDM
Fast-tracked PSTM vs Final PSDM PSTM PSDM W E W E TWTT in seconds Dip reversal Depth in metres in PSDM Saturn Saturn • Example East-West dip line shows significant difference between early fast-tracked Prestack Time Migration data and final Prestack Depth migration data • Final PSDM data provides ac
Slide 9: Early Findings – Cretaceous Play Types
Early Findings – Cretaceous Play Types • Prospectivity not restricted solely to PEL 87 Cretaceous Plays Saturn • A number of Cretaceous play concepts A A’ have been identified thus far • Variety of structural, stratigraphic and combination trapping styles • Seismic ”bright” amplitudes evident at var
Slide 10: Forward PCL Technical Program
Forward PCL Technical Program • Seismic interpretation of all key stratigraphic horizons across full survey area, leading to creation of depth/isopach maps • Identification and detailed mapping of stratigraphic (prospective) features • QI interpretation including seismic amplitude analysis and Ampli
Slide 11: Q&A
Q&A Level 2 30 Richardson St West Perth WA 6005 T: +61 8 6363 7090 pancon.com.au
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