Aladdin Oil & Gas Company ASA

More documents

Recommendations

Info

$(Microsoft PowerPoint - Lars Petter M\370ller - Videreutdanning i ...$

• Wells 16,17,20,31 all encountered oil bearingreservoiraround 200-230m. Wells 16,31 have gascap Well 31 is on another side of n/s fault• Reservoir may be significant Up to 60mln boe resource estimate (companyestimate)Ukhta Shallow <strong>Oil</strong> at WU• Wells 5U and 5ubiz have 12mln 2P reserves. 2 oil bearing zones 35 mln boe’s upside (company estimate)• Reservoir Up to 40mln boe resource estimate (companyestimate)• Possible MET tax holiday for viscous/heavy oil Significantly improve netback16
Orenburg Seismic Program• 2D seismic (200 km) in Veselovskoye license Objective to: Obtain info about existing 4 discoveries Convert resources to reserves Prove up additional prospects mapped earlier Search for mid/deep Devonian Concept:• Depocenter just south ofVes license. No wells in this area havepenetrated the deep Devoinian Good potential for the license based on16 leadsand 4 known structures penetrated by wells. 8,5mln prelim 2P reserves ~50 mln prospective resources 60 km from Karachaganak field 6 wells - all discovered oil/condensate Crude oil founded 40-65 API degree. TNK BP fields Lebyazinskoye and Zagorskoye just3-5 km outside the license border. Excellent flowrates up to 2000 boepd17
Page 1 and 2: Aladdin Oil & Gas Company ASAEmergi
Page 3 and 4: EV/2P Reserves, USD/bblPeer Group R
Page 5 and 6: 2011 Work Program and Target result
Page 7 and 8: Boe/dMM boeSummary of target result
Page 9 and 10: Board of Directors - balanced and e
Page 11 and 12: DisclaimerThis document contains ce
Page 13 and 14: Middle Sedelskoye and West Ukhta li
Page 15: Ukhta Gas Program• MS Gas field D

Aladdin Oil & Gas Company ASA

Create successful ePaper yourself

Delete template?

Save as template?