Slide 1: The Next Cygnus? The Rotliegendes Northern Feather Edge
The Next Cygnus? The Rotliegendes Northern Feather Edge Tom Cafferkey Deltic Energy Plc
Slide 2: Deltic – An Introduction
Deltic – An Introduction • Deltic Energy Plc is an AIM listed oil and gas exploration business investing in the UK, where it currently holds a number of highly prospective licences in the Southern and Central North Sea • Formed in 2012 by Algy Cluff as Cluff Natural Resources with an exploration foc
Slide 3: P2428 Licence
P2428 Licence 30th Round Licence – start date 1st October 2018 • Phase A – 3 Years • Reprocess 250km of 2D – completed • Phase B – 2 Years • Shoot not less 250km2 of 3D • Phase C – 2 Years • Drill or Drop Well • 100% Deltic Energy – Farm Out process starting December 2020 • 850km of legacy 2D reproc
Slide 4: P2428 Licence
P2428 Licence P2428 from BGS Carboniferous petroleum systems around the Mid North Sea High, UK, 2016 • Deltic licences in the Carboniferous play are situated at the north westerly end of the Silverpit Basin, which rapidly shallows onto the Mid North Sea High (MNSH) • Situated on a pervasive basin sl
Slide 5: Zechstein Z2 – Plymouth Reef Prospect
Zechstein Z2 – Plymouth Reef Prospect • Reefs developed off the shores of the Southern Permian Basin, which was a large endorheic sea • Isolated atolls have formed over the top of regional Carboniferous highs where water was locally shallower - Plymouth Isolated Reef model P50 282bcf Recoverable Res
Slide 6: Zechstein Z2 – Plymouth Reef
Zechstein Z2 – Plymouth Reef • Strong terminating reflectors inside the mound which are overlain conformably by the salt • Wedge geometry built up on the leeward side is present, highlighting the reef was an independent atoll not a shoreline • NW build ups appear to be much smaller and linear perhap
Slide 7: Rotliegendes – Richmond Leman Prospect
Rotliegendes – Richmond Leman Prospect - Conceptual GDE Map - Late Permian period – P2428 in red • Rotliegend Feather edge play – Consists of periodic, cyclic stratal packages with a genetic relation to the transgressions and regressions of the Silverpit Lake – sediment Cygnus sourced from the North
Slide 8: Rotliegendes – Richmond Leman Prospect
Rotliegendes – Richmond Leman Prospect • Numerous wells misidentified Permian sands – Both 43/06-1 & 42/10a-1 intersect Rotliegendes facies • Large 3 way dip structure mapped on top of the Carboniferous High – with 90m average Rotliegendes thickness – demonstrably thicker than 43/06-1 • Updip fault
Slide 9: Carboniferous – Cupertino Prospect
Carboniferous – Cupertino Prospect • The Cupertino structure has a small four-way dip closure with a three- way dip one-way fault closed upside. It is an intra Carboniferous prospect with multiple fault bounded segments • Extension and subsequent inversion along a short cut fault has created a four-
Slide 10: Carboniferous – Cupertino Prospect
Carboniferous – Cupertino Prospect - Merged Regional “Near Top • Deltic undertook a Fault Seal Analysis study Scremerston” Pick, that included the nearby Crosgan well m TVDss (42/10b-2) • A 50m vertical throw line (black) does not intersect any hot colours in the Scremerston but does in the Fell, in
Slide 11: Infrastructure
Infrastructure Creyke Beck B Array Teesside Array Creyke Beck A Array Close proximity to Creyke Beck Windfarms offers significant opportunities for: • Offshore Gas to Wire • PL253A is the Northern leg of the ETS system currently • Facilities Electrification unused. The pipeline is trenched & buried.
Slide 12: Volumes & Risks
Volumes & Risks Triassic Bunter Sandstone • A small Bunter accumulation up-dip from well 43/07-1 – 15bcf GIIP Gas Initially in Place Prospect BCF Hauptdolomit P90 P50 P10 • Four-way dip closed Plymouth Reef in the east of the licence area, supported by the relative acoustic impedance. Isolated build
Slide 13: Forward Plan
Forward Plan • Deltic are 100% in Licence P2428 FARM-IN CONTACT • Under explored area with great potential Andrew Nunn • Close to infrastructure and offtake options Chief Operating Officer • Potential synergies with windfarm infrastructure Deltic Energy • Looking to farm-out in Q1 2021 Phone: 0207 8