Corporate Presentation - November 2011 - ShaMaran Petroleum ...
Corporate Presentation - November 2011 - ShaMaran Petroleum ...
Corporate Presentation - November 2011 - ShaMaran Petroleum ...
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Arbat Update15» High potential exploration block (over 930 km 2 withactive petroleum system – surface seeps)EBADF» Two prospects (Potential PIIP 600 MMB*):» Arbat-A: Main prospect (Arbat-1) – regional Jurassic& Triassic reservoirs» Arbat-B: Shallow Cretaceous prospect (success couldprove the shallow Cretaceous play in the block)» Four major leads with significant mean resourcepotential in excess of 2.2 billion barrels PIIP**C» Acquisition of up to 200 kms of infill 2D seismic inprogress to firm up the leads» Arbat-A well location approved with start of civilengineering imminentArbat*McDaniel & Associates ; **Internal estimates based on 2D seismic and regional reservoir properties
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