2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2...

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Transcript of 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2...

Page 1: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit
Page 2: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 3: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 4: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 5: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 6: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 7: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 8: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 9: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 10: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 11: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 12: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 13: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 14: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 15: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 16: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 17: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 18: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

Gross Unrisked Contingent Resources 1C 2C 3C

Oil and condensate (“liquids”) (million barrels)

86 162 285

Free and associated gas (“gas”) (billion standard cubic feet)

367 748 1,358

Liquids and gas combined (million barrels of oil equivalent) Refer to ASX announcement of 15 July 2019

176 344 614

Carnarvon’s previous volume estimate following Dorado-1 result (million barrels of oil equivalent) Refer to ASX announcement of 20 August 2018

128

283

566

NWS Fields

Reindeer

Corvus

Pluto LNG NWS LNG

Gorgon LNG Varanus Island

gas plant Devil Creek gas plant

Phoenix South Roc

Dorado

Oil Field

Gas Cond. Field

Legend

LNG plant

Existing Pipeline

Proposed pipeline

Mining gas

customers Dampier to Bunbury natural gas pipeline (“DBNGP”)

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Page 20: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 21: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

DORADO

Ara Bandy

Wallace

Wallace East Grommit

Apus

Pavo

Mensa Cluster

Roc East

Roc NE

Bewdy

Peng

Lupi

Indus

Permian 1

Permian 2

Lund

Banks

Bottler

WA-435-P WA-436-P

WA-438-P WA-437-P

Pavo

Ara, Bandy, Wallace,

Grommit & Wallace East

Indus & Lupi

Mensa (ex P-1), Bottler,

Peng & Bewdy

Mensa (ex P-1)

Mensa, Bewdy, Ara,

Roc East & Roc NE

Pavo, Roc Sth & Apus

Mensa, Lund, Permian 1,

Banks, Permian 2

Volta

Tribolet Vela

Tucana

ROC

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Page 22: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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2

3

4

5

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Page 23: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

Gross Resources (100% basis)

Oil & Condensate Natural Gas Barrels of Oil Equivalent

MMbbl BCF MMboe

1C 2C 3C 1C 2C 3C 1C 2C 3C

Dorado1 86 162 285 367 748 1,358 176 344 614

Roc2 12 20 35 205 332 580 48 78 137

Phoenix Project Sub-Total 98 182 320 572 1,080 1,938 224 422 751

Buffalo3 15 31 48 - - - 15 31 48

Net Resources (CVN’s share)

Oil & Condensate Natural Gas Barrels of Oil Equivalent

MMbbl BCF MMboe

1C 2C 3C 1C 2C 3C 1C 2C 3C

Dorado1 17 32 57 73 150 272 35 69 123

Roc2 2 4 7 41 66 116 10 16 27

Phoenix Project Sub-Total 20 36 64 114 216 388 45 85 150

Buffalo3 15 31 48 - - - 15 31 48

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Page 24: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

Gross Resources (100% basis)1

Light Oil Natural Gas Barrels of Oil Equivalent Pg

MMbbl BCF MMboe %

P90 P50 Mean P10 P90 P50 Mean P10 P90 P50 Mean P10

Pavo 11 63 82 179 3 31 108 249 11 68 101 223 34%

Apus Caley2 12 91 125 279 3 44 163 373 12 98 154 344 21%

Apus Baxter2 6 52 105 278 2 27 139 302 6 57 129 331 21%

Apus Crespin2 7 103 161 391 2 48 212 474 7 111 198 474 21%

Apus Milne2 32 163 221 483 8 82 291 654 34 177 272 598 21%

Phoenix Project Total

68 472 694 1610 18 232 913 2,052 70 511 854 1,970

Net Resources (CVN’s share)1

Light Oil Natural Gas Barrels of Oil Equivalent Pg

MMbbl BCF MMboe %

P90 P50 Mean P10 P90 P50 Mean P10 P90 P50 Mean P10

Pavo 3 19 25 54 1 9 32 75 3 20 30 67 34%

Apus Caley2 2 18 25 56 1 9 33 75 2 20 31 69 21%

Apus Baxter2 1 12 24 63 - 6 31 68 1 13 29 74 21%

Apus Crespin2 2 25 39 96 1 12 52 116 2 27 49 116 21%

Apus Milne2 8 41 55 121 2 21 73 164 8 44 68 149 21%

Phoenix Project Total

16 115 168 390 5 57 221 498 16 124 207 475

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Page 26: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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Page 27: 2018 - Carnarvon€¦ · Mensa Cluster Roc East Roc NE Bewdy Peng Lupi Indus Permian 1 Permian 2 Lund BanksROC Bottler WA-435-P WA-436-P WA-437-P WA-438-P Ara, Bandy, Wallace, Grommit

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This document does not constitute an offer of new ordinary shares ("New Shares") of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any country outside Australia except to the extent permitted below.

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