Corporate Presentation - November 2011 - ShaMaran Petroleum ...

More documents

Recommendations

Info

The Opportunity8» Previous discovery on block» Significant contingent resources + upside» Appraisal and workover drilling» Early production system (EPS)being implemented» Potential production ofup to 10kbopd within12 months*PulkhanaAtrush» Major new discovery with upside»Plans for an aggressiveappraisal / programme includingan EPS»3D seismic in progress» Capacity to be a worldclass producer ondevelopmentExistingDiscoveriesGrowth» Extremely attractive explorationacreage in KRG» Billion+ barrel PIIP potential» Aggressive drilling program tocommence by year endTaza / ArbatExplorationNewVentures» Experienced managementteam with Kurdistanexperience» Financial strength» Execution excellence» Structuring to become the leadingoil company in KRG*Internal estimate
Atrush Update9» Gross oil column of over 700 meters. 120 metersnet matrix in the Jurassic with additional 140meters potential net pay in Jurassic Butmah andCretaceous» Atrush-1 tested over 6000 bopd (from threeJurassic horizons, equipment constrained).Potential for flow rates >15,000 bopd* (PI > 200bpd/psi)» Possible upside in the sub-thrust trap andextension of Swara Tika discovery into the Atrushblock» Approved Appraisal Work Programme:» Post-discovery 3D seismic acquisition inprogress» Atrush-2 appraisal well location underconstruction (Q2 2012 spud)» Planning EPF for long-term testing» Planning recompletion of Atrush-1Atrush-1 Mus Formation Test (March <strong>2011</strong>)*Internal estimate based on engineering data
Page 1 and 2: Exploration & Development in Kurdis
Page 3 and 4: In the Heart of the Middle East: Ku
Page 5 and 6: Kurdistan in Earliest Phase of Expl
Page 7: Asset Summary7ShaMaran has one of t
Page 11 and 12: Atrush-1 Jurassic Oil Discovery11At
Page 13 and 14: Pulkhana Update: PLK-8RE13» Legacy
Page 15 and 16: Arbat Update15» High potential exp
Page 17 and 18: Taza Update17» Option agreement co
Page 19 and 20: Converting Resources to Reserves19A
Page 21 and 22: Building Value21Valuations are diff
Page 23 and 24: Health, Safety & Environment (HSE)2
Page 25 and 26: Profile & Contacts25» Symbol TSX V

Corporate Presentation - November 2011 - ShaMaran Petroleum ...

Create successful ePaper yourself

Delete template?

Save as template?