WesternZagros Resources One2One Presentation - September 2011
WesternZagros Resources One2One Presentation - September 2011
WesternZagros Resources One2One Presentation - September 2011
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Garmian Block Prospective <strong>Resources</strong>: Mil Qasim, Baran and Qulijan<br />
Low<br />
Estimate (6)<br />
Best<br />
Estimate (7)<br />
High<br />
Estimate (8)<br />
Mean<br />
Estimate (9)<br />
Prospect Reservoir Hydrocarbon P90 P50 P10 Mean<br />
Type MMbbl MMbbl MMbbl MMbbl<br />
Mil Qasim Upper Fars Oil 7 63 265 106<br />
MMBOE 8 71 303 121<br />
Mil Qasim Sub Total Mean MMBOE – Gross Unrisked Prospective <strong>Resources</strong> 121<br />
Mil Qasim Sub Total Mean Oil Only – Gross Unrisked Prospective <strong>Resources</strong> 106<br />
Table 3<br />
Gross Unrisked<br />
Baran (10,12) Oligocene Oil 8 48 251 105<br />
<strong>2011</strong> (5)<br />
Prospective<br />
MMBOE 23 129 618 261<br />
<strong>Resources</strong> (3),(10)<br />
Garmian Block Baran (10,12) Eocene Oil 0.6 4 27 11<br />
Oil, Gas &<br />
Condensate<br />
MMBOE 3 14 77 31<br />
Mil Qasim, Baran, Baran Sub Total Mean MMBOE - Gross Unrisked Prospective <strong>Resources</strong> 292<br />
and Qulijan<br />
Prospects<br />
Baran Sub Total Mean Oil Only - Gross Unrisked Prospective <strong>Resources</strong> 116<br />
As of Jan 14, Qulijan (10,11) Oligocene Oil 7 45 157 66<br />
MMBOE 21 100 307 137<br />
Qulijan (10,11) Eocene Oil 1 9 34 14<br />
Please refer to the Company’s<br />
material change report dated<br />
January 17, <strong>2011</strong> and February<br />
18, <strong>2011</strong> for further disclosure<br />
and explanation of the<br />
contingent and prospective<br />
resources and slides 43 and 44<br />
for footnotes 1-14 referenced in<br />
Table 3<br />
MMBOE 3 20 72 32<br />
Qulijan (10,11) Cretaceous Oil 0.4 3 13 6<br />
MMBOE 2 9 32 15<br />
Qulijan Sub Total Mean MMBOE - Gross Unrisked Prospective <strong>Resources</strong> 183<br />
Qulijan Sub Total Mean Oil Only - Gross Unrisked Prospective <strong>Resources</strong> 86<br />
40
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