Bass Oil Ltd · ASX:BAS

Bass Oil — Bass Strait Oil Company — PESA Farmin Seminar, APPEA Conference 2007

24 slides from Bass Oil's conference presentation, Apr 13, 2007

  1. Slide 1: Presentation to PESA Farmin Seminar

    BASS STRAIT Fr. h Onl for Aastralians BASS STRAIT OIL COMPANY Ltd ACN G08 694 817 Tel: (+64 3) 9614 0426 Level 25 Fax: (+61 3) 9629 0428 500 Collins Street Email: admin@bassoil.com.au Melbourne Victoria 3000 Australia Website: www.bassoil.com.au ASX RELEASE Presentation to PESA Farmin Seminar Bass S

  2. Slide 2: ustralians

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  3. Slide 3: STRAIT

    STRAIT na 2 a

  4. Slide 4: Legend

    LEGEND Paasozoie Otero og Paaveceic Grane — suzaiect Outer Le crtaceous Fate Yoriery Recent Secimenis efor Avon Tends OPS Bippataen a fay Basin version] 0 Field Aor Weoflancls & Woo (Baty, 2001 | BASS STRAIT

  5. Slide 5: Vic/P41 Prospects

    jP41 PRO | HIME Gas Fiela | (222 Top Latrabe closure / [ | intra-Halibut closure | 7 Golden Beach closure Acquired 575sq.km Oscar 3D Feb 2005 Closures identified at Golden Beach and intra-Latrobe levels Kipling Prospect analogous to Kipper — AVO response on both Oscar prospects analogous to Basker f

  6. Slide 6: Top Golden Beach depth map

    Fields 3D [""-*} _ fee (2001) a ee Gas Field 5 | Relinguished . ene Area Ovart | “Kipling Prospect Benchley Prospect Cotion 4Prospect | on 8 Cas : : ~Basker |, Oscar Prospects ]. AT (1905) sou p91 NOSE_A 2 : SS Top Golden Beach Depth map showing Kipper, Kipling, Benchley, Cotton Trend and Basker/Man

  7. Slide 7: Oscar seismic line showing Kipling Prospect

    0 Skim Oscar XLN-1380 showing Kipling Prospect downthrown fault closure « Golden Beach prospective reservoir juxtaposed against Strzelecki in upthrown block AVO work suggests gas cap at culmination = fault seal Bright events at top Golden Beach likely to be volcanics = effective top seal in Kipper B

  8. Slide 8: Fluid factor response

    Fluid factor response concordant East Richard-1 Cresta! fluid factor anomaly + Seallop-t Mapped regional depth closure eS

  9. Slide 9: Basker / Oscar comparison

    BA: KER | OSCAR COMPARIS 1 LL NU UL « Oscar leads on trend with Basker » Thick prospective reservoir section interpreted at intra-Latrobe and Golden Beach « Multiple volcanic seals suggested on seismic BASS STRAIT ie

  10. Slide 10: Emperor Subgroup reservoir properties

    Lumosmetsenry Formation E4 palynozone RIPPER BHELE o ay, te, ae, ay ae, Emperor Subgroup E4D Palynozone (Turonian) a” Thickness 38m Log @ 22% N/G 96% (no pre-tests) >100mD (log estimate) on Vel negligible ~” Thickness 14m Log @ 20% N/G 100% Pre test mobility 54-331mD Vel negligible BASS STRAIT

  11. Slide 11: Halibut Subgroup stratigraphy

    4.750-4) 2.600- Halibut Subgroup | Golden Beach Subgroup |. Emperor Subgroup BASS STRAIT

  12. Slide 12: Bass Strait

    BASS STRAIT ie

  13. Slide 13: Gippsland Basin legend

    shu) Palzeoreic Cuterop Paleegecic Grande: Sirzeieckt Outeroa LEGEND af se Fits Euly Cetaneeys Exe Faull Sysieins Late retacsous Faults Tega yy Seeeu goatee & Heiox Aniutinal trees aie OW Fien ippsare Bean Baily Macon After Woclianals & Wang (Eds), 2005 WE: ee anf yy BASS STRAIT

  14. Slide 14: Vic/P47 Judith Emperor Gas Play

    Moby O16 Gas id Eagle Say Resources Ny - ippsland Offshore Petiblguin U8, 51%. 28% ate} esitue Bass Strait Gil Company Ltd Moby Oi & Gas Lte Eagle Bay Resources NL 40% 25% 25% WE Oe Fiala BR 0 Fete A ah Fae Tae Phoy A, PrcxpontiLead ie Judith Emperor Gas Play Longtom-3 flowed at 77MMscf/d from Emper

  15. Slide 15: | Gas’:

    | Gas’: Bearing » Fault.” Block rie BASS STRAIT

  16. Slide 16: Vic/P47 Longtom-2 petrophysics

    P47 LONGTOM-2 PET oo Vv Resist rvit & |S 2665 [ohramb. oo 6. ORAL OU OS of _scaL pa | METRES OTT Semt orca i Ts Tt Ect on so a i i ocr tH 2ice | Hh ESS_lO ee pa “3 ee = Co rH i F-21500 oe bhatt Cela BASS STRAIT rie

  17. Slide 17: Vic/P47 Judith-1 petrophysics - typical gas sand

    _ VIC/P47 JUDITH-1 PETROPHYSICS — TYPICAL GAS SAND __| Resietrit ej weiGi “aoo 7 PEF (ride Oc |e 2080 -Lonarmb oo fo MCL abo 3 Toa hos aOP TES a Too Se Mel aay HL HE oo [e, cond Lahmad, oo 100, VR METRES MO] omeOS [GCS bsa|o. 2hhm 1 hee co 2500 2550 2600 2G50 J BASS STRAIT rie

  18. Slide 18: i INI

    i INI v BASS STRAIT

  19. Slide 19: Vic/P47

    VIC/P47 LL eae %* Kipper-1 BASS STRAIT

  20. Slide 20: Acoustic amplitude

    Acoustic Stucturally VIC/P47 amplitude m\ concordant ;~ 1000 amplitudes j Stucturally concordant amplitudes BASS STRAIT

  21. Slide 21: Seismic data coverage and planned acquisition

    Tie All available seismic from 1969 to the present converted to SEG Y 2200km data scanned 781km pre stack reprocessed, 1490km post stack reprocessed Significant tilted fault block horsts at Intra Eastern View/Durroon Formations Planned 2D/3D acquisition BASS STRAIT

  22. Slide 22: Bass Basin leads

    490 600 300 I 1000 1200 6,.500- 1.060 3.000~) 3.600 Bark Sub-Basin Near Top Pliocene Uncontormity. “LEAD A> Anderson Sub-Basin op. Paste! pyar. Eocene ¢ Shale BASS STRAIT

  23. Slide 23: Contact

    Tol lo i (@ TACT. ea a Andrew Adams Technical Advisor | Managing Director ian.reid@bassoil.com.au ._ aadams@bassoil.com.au Level 25 500 Collins Street Melbourne VICTORIA 3000 Phone: +61 3 9614 0426 BASS STRAIT

  24. Slide 24: Disclaimer

    DISCLAIMER This presentation was prepared by Bass Strait Oil Company Pty Ltd (BAS). The authors used their best endeavours to ensure accuracy but do not guarantee that the presentation is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaim all liabil

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