SGC Good Oil presentation : today Perth....

SGC Good Oil presentation : today Perth.

https://hotcopper.com.au/threads/an...tation.4430018/?post_id=35577377#.W5nqiehKjLs


Positive plus a new Prospect : ANZUS


Anzus Prospect :

✓ Interpret better sandstone reservoirs; Turbidite Channels
delineated from Seismic are interpreted to provided
better reservoir porosity and permeability

✓ Expect more sands and gas based on relative Seismic
Attributes- Compare Dempsey and Anzus

✓ Encouraged by Amplitude conformance to structural
closure out of channel intervals

✓ Cost expected to be significantly less than benchmarked
drilling in California

✓ Evaluating stratigraphically similar zones to the 5,000 feet
of gas saturated rocks in the under-explored strata at
Dempsey, but

✓ Refined interpretation of geology and geophysics from
Dempsey results has modified model for future
conventional reservoir Targets at Anzus 1 and Dempsey

✓ Resource style targets are still regarded as secondary to
conventional sand dominated reservoirs

✓ Stacked conformance of seismic anomalies is significantly
greater at Anzus than at Dempsey 1-15 well location

✓ Prospect is Adjacent to Natural Gas Pipeline Infrastructure