Central Petroleum Limited · ASX:CTP
Central Petroleum — Shareholder Meeting (November 2013)
28 slides from Central Petroleum's shareholder meeting presentation, Nov 28, 2013
Slide 1: Exploration Update – Annual General Meeting
For personal use only Central Petroleum Limited (ASX: CTP) Exploration Update Annual General Meeting 28 November 2013 0
Slide 2: Disclaimer
Disclaimer For personal use only 1.This presentation is not intended for prospective investors and does not purport to provide all of the information an interested party may require in order to investigate the affairs of Central Petroleum Ltd (“Company”). This presentation does not attempt to produc
Slide 3: Overview of the Amadeus Basin
Overview of the Amadeus Basin For personal use only Location of CTP permits and major fields relative to depth to basement Mereenie Oil Surprise Oil & Gas Field Ooraminna Field Gas Discovery Mereenie 18 MMbbls oil, 333 BCF 2P Palm Valley ~230 BCF OGIP, ~25 BCF 2P Dingo 29 BCF 2P Surprise 1.1
Slide 4: N-S transect through the Amadeus Basin
N‐S transect through the Amadeus Basin For personal use only Northern Basin Play Domain Southern Basin Play Domain Primary target section Primary target section - Cambro- Ordovician Neoproterozoic Source: NT DME 3
Slide 5: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 327 km 2D seismic unconventiona
Slide 6: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the greater regional 2D seismic to progress evaluation of Surprise Oil Field and JV acquired 327 km 2D seismic unconventional plays in
Slide 7: Basin stratigraphy and known hydrocarbon accumulations
Basin stratigraphy and known hydrocarbon accumulations For personal use only Surprise 6
Slide 8: Surprise Oil Field
Surprise Oil Field For personal use only Seismic Surprise Line West Surprise 1R Horizontal Surprise East 7
Slide 9: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 115 km 2D seismic unconventiona
Slide 10: Representative seismic line: Surprise Area showing exploration targets
Representative seismic line: Surprise Area showing exploration targets For personal use only Siluro-Devonian Cambro-Ordovician Neoproterozoic 9
Slide 11: Conventional Prospects & Leads – Greater Surprise Area EP-115
Conventional Prospects & Leads – Greater Surprise Area EP‐115 For personal use only 10
Slide 12: We believe the area has unconventional potential
We believe the area has unconventional potential For personal use only Total Gas Gamma Ray Resistivity Sonic Density/Neutron Stairway Sst Conventional 1.Very high mud gas reservoir target readings recorded during drilling Horn Valley 2. High measured total organic carbon contents. Siltstone 38 m 3.
Slide 13: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of JV acquired 327 km 2D Field and selected a unconventional plays
Slide 14: Amadeus Basin 2D Seismic Program
Amadeus Basin 2D Seismic Program For personal use only Summary Operated by SANTOS NW Mereenie JV area (EP 115) Southern Amadeus JV area Phase 1 of farm‐in, $30 million – 2D seismic – Wells NW Mereenie 327 km 2D seismic acquisition 100% completed at 23/08/2013 Processing results anticip
Slide 15: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 115 km 2D seismic unconventiona
Slide 16: Southern Amadeus JV – Mt Kitty
SOUTHERN AMADEUS JV – SANTOS, CENTRAL For personal use only Mt Kitty 1 TWT Map Heavitree Quartzite – Top hole complete (CTP interpretation) – Target section, Q1 2014, TD ~2033 mKB – Anticipated sales gas content (Magee‐1) • 49% hydrocarbons, 6.3% Helium Estimated Gas volume, 100% JV, unrisked –
Slide 17: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 115 km 2D seismic unconventiona
Slide 18: Representative seismic line across the Hector and Pellinor leads
Representative seismic line across the Hector and Pellinor leads For personal use only Hector Pellinor NW Lead Prospect SE Jurassic -Cretaceous Permian ?Salt Cambrian Siluro-Devonian Neoproterozoic 17
Slide 19: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 115 km 2D seismic in the greate
Slide 20: The evaluation and exploitation life cycle for an unconventional resource
The evaluation and exploitation life cycle for an unconventional resource For personal use only Source: Halliburton Where we are now 19
Slide 21: Specific data gathering requirements
Specific data gathering requirements For personal use only Source: Halliburton 20
Slide 22: Georgina Basin Seismic Acquisition
Georgina Basin Seismic Acquisition For personal use only 974 km 2D seismic acquisition Representative Seismic Line 927 km within JV ATP’s Completed at 13/10/2013 Processing results anticipated Q1 2014 Georgina Lst Steamboat Sst Arthur Creek Fm Basement 21 21
Slide 23: Core photos; Basal Arthur Creek, Thorntonia Lst
Core photos; Basal “Arthur Creek”, Thorntonia Lst For personal use only What the shale target looks like Thorntonia Limestone Calcareous chert with fenestral porosity and stylolites “Live” oil in vugs and fractures Dolomitic silt interbedded with organic “shale” “Lamalginite”with pyrite framboids an
Slide 24: What we have done in 2013
What we have done in 2013 For personal use only NT Geological Survey acquired high resolution gravity data Remapped existing 3D JV acquired 974 km of seismic across the regional 2D seismic to greater Surprise Oil progress evaluation of Field and selected a JV acquired 115 km 2D seismic unconventiona
Slide 25: Newly acquired gravity data in the Wiso Basin
Newly acquired gravity data in the Wiso Basin For personal use only Possible structural highs 24
Slide 26: Summary of 2013
Summary of 2013 For personal use only Access to high resolution gravity data Apply for Production 327 km 2D seismic License, remap 3D, select 974 km of 2D seismic appraisal location Joint Venture; CTP (Operator) and TOTAL prospectivity review of EP 115 Drilled top hole of Mt Kitty 1 upgraded mapping
Slide 27: What we plan to do in 2014
What we plan to do in 2014 For personal use only Secure a production licence across the Surprise oil field, put Surprise West on production and drill an Process and interpret newly appraisal well on the acquired seismic and may Surprise East culmination drill an exploration well Secure approvals to
Slide 28: Thank You
For personal use only 27 THANK YOU
Central Petroleum — Shareholder Meeting (November 2013) on 6ix