Interpretation Overall play type is a structured subcrop or...

Interpretation

• Overall play type is a structured subcrop or “buried ridge”
• Is a trap and play style that is associated with very large accumulations in other basins around the world
• Blue unconformity marks top of subcropping target sequence
• Main reservoir horizon is second blue interval
• New deeper target (orange) and shallow (yellow)
• Pink horizon as effective basement
• Distinct faulting pattern sets up trap configuration
• Note possible flat spot? – yellow line - tested by location C & D
• Four possible appraisal locations A,B,C,D (but this is 2D slice only)
• Key risks are reservoir lateral extent and HC column depth
• Also need trap definition in other direction

• Regional exploration should be easy
• To explore for it especially on regional 2D, just map isopach of sealing layer (green) and drill the thins to find the other “buried ridges”

• Complex field, good 3D provides lots detail, can create detailed field model but need multiple 3+ wells to verify
• essential that appraisal wells all flow gas !
• 3D results will be historic moment but may take a while before results released – perhaps wait for final data/ highest quality - before doing potential resource assessment

• Gross P90/P50/P10 could be 1000/2000/4000 BCFE
• Hopefully enough upside to attract big player