Emperor Energy Ltd · ASX:EMP
Emperor Energy — Energy Mines and Money (June 2018)
23 slides from Emperor Energy's conference presentation, Jun 20, 2018
Slide 1: Energy Mines and Money Presentation June 2018
For personal use only Emperor Energy (ASX: EMP) Energy Mines and Money Presentation June 2018
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Emperor Energy For personal use only Limited ABN 56 006 024 764 (ASX: EMP). The material provided to you does not constitute an invitation,
Slide 3: Key Points
Key Points For personal use only • Electricity shortfall occurring on East Coast of Australia, following closure of coal fire power stations. Increased reliance on gas for electricity. • An East Coast domestic gas shortfall is occurring due to unsatisfied demand by new Queensland LNG plants. • “Oil
Slide 4: Key Points Continued
Key Points Continued For personal use only • Thorough well log evaluation of the Judith-1 well and gas discovery completed in March 2018. • Results compared and contrasted with open file data now available from wells drilled on the Longtom Gas Field 22km to the west. • Seismic interpretation of four
Slide 5: Company overview
Company overview For personal use only • ASX Listed Energy Company (ASX: EMP), Options (ASX: EMPOC) • Strategic asset in the Gippsland Basin adjacent to the BHP/Exxon Mobil Kipper Gas Field • Strong management team with extensive exploration and financial experience • Strong shareholder alignment wi
Slide 6: The Team
The Team For personal use only Carl Dumbrell Justyn Peters Vaz Hovanessian Director & Secretary Director Director • Appointed July 15 • Appointed August 16 • Appointed August 16 • Non Executive Director • Executive Chairman Leigh • Over 25 years experience Herencia Resources Plc Creek Energy Ltd (AS
Slide 7: Schedule of Tenements
Schedule of Tenements For personal use only Permit Type Location Ownership Vic/P47 Exploration Permit Offshore Gippsland Basin 100% Backreef Exploration Area Onshore Canning Basin 100% R1/R3 Retention Lease Offshore Carnarvon Basin 100%
Slide 8: Gippsland Basin
Gippsland Basin • Australia’s premier hydrocarbon province • Located 200 km east of Melbourne For personal use only • Exploration commenced in 1924 • Over 400 exploration wells • Some 90,000 line km of 2D seismic • More than forty 3D seismic surveys • Petroleum infrastructure well developed with a n
Slide 9: Vic/P47 - Bass Strait Victoria
Vic/P47 - Bass Strait Victoria • EMP holds 100% of 202 km2 Vic/P47 Permit For personal use only • EMP is Operator of the Permit • Shallow water depths: 20 – 85 m • Two-gas discovery wells drilled within the permit: • Judith-1 drilled by Shell in 1989 • Moby-1 drilled by Bass Strait Oil in 2004 • 3D
Slide 10: Vic/P47 Volumetrics Summary
Vic/P47 Volumetrics Summary For personal use only Summary of Gross Contingent Resources for the Judith Discovery (Gaffney Cline & Associates, 2013) Gas-in-Place Bcf Gas Recoverable Bcf Gross Contingent Resources Block P90 P50 P10 C90 C50 C10 Judith 67 155 368 37 101 276 Total 67 155 368 37 101 276 S
Slide 11: Depth Mapping: Top Emperor Gas Sands
Depth Mapping: Top Emperor Gas Sands For personal use only Top of Emperor Gas Sands from reprocessed 3D seismic data. Shows location of Judith 1 drilled structurally down- dip close to or at gas – water contacts. Top Judith Gas Sand 1 The Judith North Depth Map Block structural Contour Interval: 25
Slide 12: Petro-physics Study Completed
Petro-physics Study Completed For personal use only Four (4) reservoirs Net Reservoir Thickness of 234m Net gas pay (in gas sands) of 162m Average Porosity in gas pay reservoirs of 13 - 14.9% Average Permeabilities in gas pay reservoirs of 0.7 - 1.9 millidarcies (md) Average Gas Saturati
Slide 13: Analogue with Longtom Production Field
Analogue with Longtom Production Field For personal use only Judith Structure in Vic/P47 is located 15km along strike to the East of Longtom Production Field
Slide 14: Longtom Analogue
Longtom Analogue For personal use only Well correlation between Longtom-2 and Judith-1 suggests potential for additional reservoir development below Total Depth (TD) of Judith-1 This includes the interval that flowed at 13.6 MMscf/d from DST-1 at Longtom-2
Slide 15: 2018 Business Schedule for Vic/P47
2018 Business Schedule for Vic/P47 For personal use only Contingent and Partnership Refine Seismic Interpretation, Reservoir Engineering Prospective Resource Development for gas Develop Static Reservoir Model using Dynamic Model Statement delivery and offtake Qtr 2, 2018 Qtr 2 & 3, 2018 Qtr 3, 2018
Slide 16: Canning Basin, Western Australia Backreef Block
Canning Basin, Western Australia Backreef Block For personal use only
Slide 17: Canning Basin, Western Australia Backreef Block
Canning Basin, Western Australia Backreef Block For personal use only • EMP owns 100% of the Backreef Block and is Operator • Backreef-1 was drilled in October 2010 to a depth of 1800m • Oil was discovered in porous and permeable Laurel dolomites • Production tests confirmed the discovery as non-com
Slide 18: Backreef Unconventional Oil Potential
Backreef Unconventional Oil Potential For personal use only • The presence of oil saturation in low permeability sandstones together with oil recoveries from SWC samples from a thick section of the Virgin Hills Formation drilled at the base of Blina-1 suggests the occurrence of unconventional oil po
Slide 19: Backreef Unconventional Oil Potential
Backreef Unconventional Oil Potential For personal use only
Slide 20: Backreef Unconventional Oil Potential – 3D-GEO Study
Backreef Unconventional Oil Potential – 3D-GEO Study For personal use only
Slide 21: Carnarvon Basin: Retention Lease R3 / R1 (Cyrano)
Carnarvon Basin, Western Australia Retention Lease R3 / R1 (Cyrano) For personal use only • Cyrano has Contingent Resource (2C) of 3.01 MMbbl of oil • Additional Prospective Resources (P50) estimated at 0.928 MMbbl
Slide 22: Carnarvon Basin: Retention Lease R3 / R1 (Cyrano)
Carnarvon Basin, Western Australia For personal use only Retention Lease R3 / R1 (Cyrano) • EMP is Operator and holds 100% of R3/R1 • Permit Area – 81 km2 • The Cyrano Oil Field was discovered in 2003 • The field is defined by 4 vintage wells and 3D seismic • The field in located in 17 m of water. •
Slide 23: Emperor Energy
Emperor Energy For personal use only www.emperorenergy.com.au