Carnarvon Energy Limited · ASX:CVN
Carnarvon Energy — Carnarvon Petroleum — Investor Presentation (September 2016)
20 slides from Carnarvon Energy's investor presentation, Sep 13, 2016
Slide 1: 12-13 September 2016
For personal use only 12-13 September 2016
Slide 2: Disclaimer
Disclaimer For personal use only This presentation contains forward looking statements which involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies including those risk factors associated with the oil and gas industry, many of which are outside
Slide 3: Contents
Contents For personal use only 1. Carnarvon’s strategy and focus 2. Carnarvon’s portfolio 3. Roc-2 appraisal well update 3
Slide 4: Key capabilities
Key capabilities People Data For personal use only 11 Permits ~35,000km2 Knowledge, experience, wisdom, Arrangement of proprietary and public information multi-discipline, energy and focus. in a form that improves project selection. 4
Slide 5: What we do
What we do For personal use only Geological concepts • Identify based on detailed regional technical work Technical value add • Acquire new data and or apply new technology Commercial rigor • Volume, market, risks, cost, value Collaborative partnerships • Partners with operating skills and financial
Slide 6: Industry cycles
Industry cycles For personal use only 40 35 30 25 Billion barrels 20 Crude consumed Crude found 15 10 5 0 2015 2016 2017 1. Source: 2015 found: Wood Mackenzie Ltd, smallest amount since 1947 2. Source: 2016 found: Wood Mackenzie Ltd, conventional barrels found to end of July 2016 3. Source: 2015 con
Slide 7: Where we focus
Where we focus North West Shelf 11 permits ~35,000km2 For personal use only 11 Permits ~35,000km2 4. Buffalo 3. Phoenix / Roc Oil discoveries Oil, gas & cond. discoveries 1. Outtrim Oil discoveries 2. Cerberus Oil prospects 7
Slide 8: Carnarvon’s strategy and focus
Section 2 For personal use only 1. Carnarvon’s strategy and focus 2. Carnarvon’s portfolio 3. Roc-2 appraisal well update 8
Slide 9: New Buffalo project
New Buffalo project Technology play opener Proven oil Stacked resource potential For personal use only Nexan Buffalo FPSO on station in the Buffalo oil field between 1999 and 2004 9
Slide 10: Cerberus project
Cerberus project High value exploration Large targets Low drill costs For personal use only 10
Slide 11: Outtrim project
Outtrim project 2016 oil discovery Aggregation play For personal use only 11
Slide 12: New WA-521-P
New WA-521-P Large structures Traditional reservoir New source concept For personal use only 12
Slide 13: Carnarvon’s portfolio
Section 3 For personal use only 1. Carnarvon’s strategy and focus 2. Carnarvon’s portfolio 3. Roc-2 appraisal well update 13
Slide 14: Phoenix / Roc stratigraphic setting
Phoenix / Roc stratigraphic setting Bedout Sub-basin Keraudren Formation Stratigraphic Zonation For personal use only Roc-1 found residual oil Phoenix South-1 oil discovery Phoenix-1 oil inferred Roc-1 gas & condensate discovery Phoenix South-1 did not reach Caley Roc-2 hydrocarbons confirmed Roc-1
Slide 15: Roc-2 drilling status
Roc-2 drilling status Volume Flow rate For personal use only Achieved so far: Work to come: Wireline logging including pressure test 120 metre Flow test (“DST”) the core recovered Caley reservoir Confirmed hydrocarbons Core analysis Good quality reservoir Explore deeper Safely drilled down to oil ta
Slide 16: Development concept
Development concept Well head platform Offshore processing For personal use only 16
Slide 17: Roc tie back
Roc tie back Dorado of scale Prospects near Roc Phoenix South For personal use only Phoenix South-1 Roc-1 Roc-2 Dorado prospect 17
Slide 18: Greater regional prospects and leads
Greater regional prospects and leads Enormous blue sky Working source rocks 3D/2D coverage For personal use only Bandy prospect Phoenix South - Oil Roc – gas & condensate Dorado prospect 18
Slide 19: Key takeaways
Key takeaways For personal use only Strategy & focus Growth portfolio Roc catalyst 19
Slide 20: Think Different, Act Different
For personal use only Think Different Act Different 20
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