Serica Energy PLC · LSE:SQZ
Serica Energy — PROSPEX London 2014
14 slides from Serica Energy's conference presentation, December 2014
Slide 1: Slyne & Rockall Basin Opportunities
Slyne & Rockall Basin Opportunities FEL 4/13, 1/09 and 1/06, Atlantic Ireland PROSPEX, London, December 2014
Slide 2: Ireland Atlantic Exploration
Ireland Atlantic Exploration Vøring oil, condensate, gas discovery / field • Shared geology with UK, Halten Carboniferous basin Faroe & Norwegian Atlantic Triassic basin margins • Serica’s acreage covers many Jurassic basin Møre Cretaceous basin Flood Basalt / oceanic crust pre, syn and post-rift pl
Slide 3: FEL 1/09 and FEL 4/13 Introduction
FEL 1/09 and FEL 4/13 Introduction • Serica 100% interest in FEL FEL 1/09 & 4/13 1/09 FEL • Significant tilted fault blocks 4/13 and stratigraphic traps clearly defined on 3D seismic data in approximately 1500-2000m water depth • AVO supported Albian turbidite fan (Derryveagh Prospect) overlying til
Slide 4: Midleton Prospect vs. Dooish Discovery
Midleton Prospect vs. Dooish Discovery 12/2-1z Dooish Discovery Dooish Erris (Shell / Enterprise, 2002-3) W 12/2/1,1z Ridge E sTWT Lr. Cret 4 Top Maastrichtian Middle Jurassic 214m wet gas-condensate column Top Turonian 5 4018mDD Base Pre-BCU Tertiary Cretaceous syn-rift intrusive MDT sample sTWT SW
Slide 5: FEL 1/09 and FEL 4/13 Pre-Rift Potential
FEL 1/09 and FEL 4/13 Pre-Rift Potential Prospects and Leads Mapped at Base Cretaceous • Muckish Prospect analogous to the Dooish Discovery • 31 km2 areal closure and 600 m of vertical closure • follow-up prospects in the event of success Derryveagh Prospect Dooish Discovery Mackoght West Midleton M
Slide 6: FEL 1/09 & FEL 4/13 Stratigraphic Potential
FEL 1/09 & FEL 4/13 Stratigraphic Potential Early Cretaceous Turbidite Fans & Analogues Erris Ridge NW 12/13-1A SE 12/13-1A Derryveagh Prospect Thick early Cretaceous shallow marine to deltaic sandstones proven in 12/13-1A Top Palaeocene Top Jubilee- Ghana Maastrichtian Nr. Top Albian Midleton Prosp
Slide 7: Albian Derryveagh Prospect
FEL 1/09 & FEL 4/13 Stratigraphic Potential Albian Derryveagh Prospect Possible well Albian Amplitude overlain on Base Derryveagh location Midleton sTWT Cretaceous Depth Map NW Prospect Prospect SE (edge of) Albian Fan RMS Amp. +/- 50ms, nears-fars 4 Top Palaeocene Top Maastrichtian Base Chalk 5 Int
Slide 8: Albian Derryveagh Prospect – 3D Visualisation
FEL 1/09 & FEL 4/13 Stratigraphic Potential Albian Derryveagh Prospect – 3D Visualisation Albian RMS amplitude drape over depth Potentially analogous Albian fan, Midleton Prospect West Midleton Tano Basin, Ghana, West Africa underlying structural Prospect underlying (Houston Geological Society, 2011
Slide 9: Prospective Resource Inventory
PROSPECTIVE RESOURCE INVENTORY Resources Play P90 P50 mean P10 Pre- 270 1285 1635 3442 bcf Muckish 18 85 108 227 mmbbls Rift Pre- 17 78 98 205 bcf Muckish East Rift 1 5 6 14 mmbbls Pre- 15 72 90 189 bcf Mackoght Rift 1 5 6 13 mmbbls Pre- 293 1431 1902 4062 bcf Midleton 19 94 126 268 mmbbls Rift Pre-
Slide 10: FEL 1/06 Introduction
FEL 1/06 Introduction • Boyne Prospect is a large • FEL 1/06 operated by Serica tilted fault block clearly (50%) in partnership with defined on 3D seismic RWE data, with a dual target • Close to Serica’s 27/4-1,1z (Jurassic and Triassic) Bandon Oil Discovery and 40 and total P50 reserves of kms sout
Slide 11: Slyne Basin Petroleum System
Slyne Basin Petroleum System Two Proven Plays Proposed Boyne 27/4-1,1z 27/5-1 E W well location TWT(s) Oil shows in high quality 0.5 Middle Jurassic 150m thick immature sandstones oil prone source rocks in Lower Jurassic Triassic 1.0 Sherwood Bandon Discovery: Boyne Sandstone 38m oil column in Prosp
Slide 12: FEL 1/06 Boyne Prospect
FEL 1/06 Boyne Prospect Dual Jurassic & Triassic Objectives Boyne Prospect WNW Proposed Well (offset) ESE Top Bajocian Limestone Top Lower Proposed Jurassic well location Top Sherwood Sandstone Possible oil charge of Sherwood Sst Top Permian Top Top Triassic (Sherwood across fault Halite Carbonifero
Slide 13: FEL 1/06 Resource Inventory
FEL 1/06 Resource Inventory Resources P90 P50 mean P10 * Resource estimates are based on Boyne Jurassic 9 31 45 96 mmbbls latest Serica in-house interpretation either Boyne 8 49 134 312 mmbbls Sherwood or Boyne 33 199 513 1213 bcf Sherwood Liffey Jurassic 6 38 104 245 mmbbls Liffey Sherwood 74 281 4
Slide 14: Slyne & Rockall Basin Opportunities
Slyne & Rockall Basin Opportunities FEL 4/13, 1/09 and 1/06 For further details, Please visit the Serica stand, or contact Clara Altobell, International Asset Manager clara.altobell@serica-energy.com tel +44 (0)20 7487 7300