Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Cooper Energy — Technical Presentation (November 2023)
14 slides from Amplitude Energy's technical presentation, Nov 28, 2023
Slide 1: Orbost Gas Processing Plant Site Visit
Orbost Gas Processing Plant, Victoria Biodiversity Project, Coorong, South Australia 28 November 2023 Orbost Gas Processing Plant Site Visit
Slide 2: Disclaimer
Disclaimer This presentation may contain forward looking statements, including statements of current intention, statements of opinion and expectations regarding Cooper Energy’s present and future operations, possible future events and future financial prospects. Such statements are not statements of
Slide 3: Overview
Overview Welcome to Orbost Gas Processing Plant Gippsland Basin Virtual plant tour Orbost Improvement Project Commercial operations 3
Slide 4: Welcome to Orbost Gas Processing Plant
Welcome to Orbost Gas Processing Plant Jane Norman Michael Towan Eamonn Montague Managing Director & Orbost Plant Senior Reservoir CEO Superintendent Engineer Jacob Anthony Chad Wilson David Habib Senior Process Chief Operating Team Leader Engineer Officer Commercial Operations 4
Slide 5: Gippsland Basin
Gippsland Basin Overview Prolific hydrocarbon basin immediately adjacent to the Southeast Australian gas market Cooper Energy 100% and operator of Orbost Gas Processing Plant Cooper Energy 100% acreage position, 2,294 km2 across a range of exploration, production and retention licences Highl
Slide 6: Gippsland Basin: Sole Field
Gippsland Basin Sole Field Key Milestones Sole-1 drilled in 1973 Sole-3, Sole-4 drilled in 2018 Production commenced March 2020 Current Status Number of producing wells: 2 Average FY23 rate: 47.1 TJ/d Average FY24 rate: 47.9 TJ/d1 Route to Market Subsea pipeline transports gas to OGPP
Slide 7: Gippsland Basin: Sole Depth Map
Gippsland Basin Sole Depth Map (2m contours) Sole-3 & 4 Sole Field Surface Location Sole-4 TD C Structure well defined by high quality 2003 reprocessed 2D seismic Top reservoir (Kingfish Formation) and gas water contact well imaged on seismic Hydrocarbon Depth: 770mSS (P50 GWC Sole-3 TD 816.5m
Slide 8: Gippsland Basin gas hub
Gippsland Basin gas hub Foundation to develop Cooper Energy’s proven and prospective Gippsland gas portfolio •Manta and Gummy Contingent 1C 2C 3C Resource estimates (COE 100% interest)1 Gas PJ 95 185 343 Condensate MMbbl 2.5 4.9 9.7 Future development option, COE interest 100% Manta-3 appraisal
Slide 9: Orbost Gas Processing Plant upgrades
Orbost Gas Processing Plant upgrades 9
Slide 10: Virtual Plant Tour
Virtual Plant Tour FIRE WATER SHU SRU POWER SURFACE WATER CONDY MEG C O E X M SGC FLARE N P E CONDY D Y O R G DPCU SRU T INLET SUBSEA Inlet from Sulphur Dew Point Sales Gas Export Gas Flow Path Sole Pipeline Removal Unit Control Unit Compression Pipeline Separate Gas from Dew Point Gas for 10 Remove
Slide 11: Orbost Improvement Project
Orbost Improvement Project First principles Minimise or eliminate foaming/fouling Reduce clean times Third absorber Safe, reliable, cost-effective production 11
Slide 12: Commercial Operations
Commercial Operations Conduit between stakeholders Spot Market Purchase / Sales + Gas Bulletin Board Commercial Operations Operator, Operator, SEA Gas Pipeline Athena Gas Plant Orbost Gas Plant Eastern Gas Pipeline 12
Slide 13: Commercial Operations: Optimising supply and demand
Commercial Operations Optimising supply and demand Seasonal demand profile – customers & spot markets1 Surplus production sold into VIC spot market Meeting demand during absorber cleans is managed via a range of commercial levers including: Gas parked on EGP Gas market participant relationsh
Slide 14: Thank you
Thank you 14
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