EMPIRE OIL & GAS NL
A B N 5 5 0 6 3 6 1 3 7 3 0
S U I T E S 7 A N D 8
1 5 4 H A M P D E N R O A D
N E D L A N D S 6 0 0 9 W E S T E R N A U S T R A L I A
T E L E P H O N E + 6 1 8 6 3 8 9 2 6 8 7
F A C S I M I L E + 6 1 8 9 3 8 6 6 8 1 2
E M A I L i n f o @ e m p i r e o i l . c o m . a u
W E B w w w . e m p i r e o i l . c o m . a u
12 April 2012
The Manager The Australian Securities Exchange The Company Announcements Office Level 4/20 Bridge Street SYDNEY NSW 2000
Dear Sir RE: PRESENTATION ON EMPIRE OIL & GAS N.L. PERTH BASIN AND THE RED GULLY GAS AND
CONDENSATE PLANT DEVELOPMENT
Please find an updated presentation on Empire Oil & Gas N.L. and its Perth Basin Projects in Western Australia. Yours faithfully
JL CRAIG MARSHALL Managing Director EMPIRE OIL & GAS NL
Competent Person’s Statement Information in this ASX Release relates to exploration results that are based on information compiled by Mr JL Craig Marshall who is a full time employee of Empire Oil & Gas NL. JL Craig Marshall is a Fellow of the Australian Institute of Mining and Metallurgy and is a Certified Practicing Geologist BSc (Hons), F.Aus.IMM, CPGEO, and has more than 30 years experience relevant to oil and gas exploration and production.
It is not th e number of hours in th e working day th at’ s important it’s th e
work that gets achiev ed in those hours th at concerns Anderson Lee.
Overtim e is not encouraged – excepts on those rar e occasions wh en it is
absolutely nec essary. Anderson Lee prefe rs em ployee s to work ef ficiently in
the seven and a half hours
availabl e ea ch day.
Ander son Lee strives to create a productive and
positive wo rking environme nt. The company has a ‘give -and-tak e’ at titud e
when it come s to it’s
employees . It rewa rds har d wo rk by offering
employee s incentiv es like, flex ible work hours and time in leu . Time in leu
enables emp loye es who have wo rked with diligenc e and effi ciently to tak e
time off during quieter time s or en joy a l ong week end or extended holiday.
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Disclaimer and Competent Person’s statement
Disc la imer
This presentation has been prepared by Empire Oil and Gas NL [EGO]
for general information purposes only. The presentation is not and should
not be considered as an offer or invitation to subscribe for or purchase
any securities in EGO, or as an inducement to make an offer or invitation
with respect to those securities. No agreement to subscribe for securities
in EGO will be entered into on the basis of this presentation. This
presentation may contain certain forward-looking statements which have
not been based solely on historical facts but rather on EGO’s current
expectations about future events and a number of assumptions which are
subject to significant uncertainties and contingencies, many of which are
outside the control of EGO and its Directors, Officers and Advisers. Due
care and attention has been taken in the preparation of this presentation.
However, the information contained in this presentation [other than as
specifically stated] has not been independently verified for EGO or its
Directors and Officers, nor has it been audited. Accordingly, the Company
does not warrant or represent that the information contained in this
presentation is accurate or complete. To the fullest extent permitted by
law, no liability, however arising, will be accepted by EGO or its Directors,
Officers or Advisers, for the fairness, accuracy or completeness of the
information contained in the presentation.
Competent Person’s Statement
Information in this report that relates to exploration results based on
information compiled by Mr JL Craig Marshall who is a full time employee
of Empire Oil and Gas NL. JL Craig Marshall is a Fellow of the Australian
Institute of Mining and Metallurgy and is a Certified Practising Geologist
BSc [Hons], F.Aus.IMM, CPGEO, and has more than 30 years experience
relevant to oil and gas exploration and production. Information in this
presentation has been disclosed to the ASX pursuant to the ASX
Listing Rules.
EMPIRE OIL & GAS NL
Corporate
M a n ag e M e n t
JL Craig Marshall BSc [Hons], F.Aus.IMM, CPGEO
Managing Director
Dr Bevan Warris BSc [Hons] PhD, AAPG, Certified Petroleum Geologist 4723
Executive Director
Jeff McDonald BSc Eng, Petroleum Geologist
Director
neil Joyce BBus, FCS Non Executive Director
Kim Hogg BCom Company Secretary
eQ U I t I eSGINGIN WEST AND RED GULLY GAS FIELD DISCOVERIES EP 389 PERTH BASIN
Permit Interest
Empire [Operator] 68.75%
ERM Gas Pty Ltd 21.25%
Wharf Resources Plc 10.00%
Market Details
Ordinary Shares 4,745,658,296
Market Capitalisation @ 2.0c = $95 million
@ 2.8c = $130 million [26 August 2011]
Funds $8 million
Debt Nil
Forward Gas Supply Agreement will provide funds for the Red Gully Gas
and Condensate Plant in EP 389
aSX Code EGO
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EMPIRE OIL & GAS NL
04 August
04 September
04 October
04 Novem
ber
04 Decem
ber
04 January
04 February
04 March
0.005
0.010
0.015
0.020
0.025
0.030
0.035
0.040
0.045
0.050
$40
$60
$80
$100
$120
$140
$160
$180
$200
$220
04 January
04 February
04 March
04 April
04 May
04 June
04 July
2011 2012
empire oil and gas nL Market Capitalisation and Share Price 04 January - 04 March 2012
Market Capita l isat ion
Share Pr ice
Ma
rket C
ap
italisatio
n in
Millio
ns
EMPIRE OIL & GAS NL
target:
I n C r e a S e M a r K e t C a P I ta L I S at I o n I n 2012-2013 to $200 M I L L I o n +
Current:
Market Capital isat ion is a$95 Mil l ion [March 2012][a$130 Mil l ion 26 August 2011]
How:
• Drill additional reserves in the Gingin area to have recoverable
reserves of up to 100 BCF and associated condensate.
• Drill further wells in the North Perth Basin.
Target Market Capita l isat ion
Sha
re P
rice in
Do
llars
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KEY INFORMATION
LOCATION OFPETROLEUM PERMITS
W E S T E R N
A U S T R A L I A
PERTH
C A N N I N GB A S I N
E S P E R A N C E
G E R A L D T O N
C A R N A R V O N
E X M O U T H
C A R N A R V O NB A S I N
P E R T HB A S I N
AA R V O N
L08 7
L08 6
ROUGH RANGEOil field
barrow island
EP 444
EP 325
EP 359 (parts 2 & 3)
EP 433
EP 435 and L 16
EP 466
EP 434
Ep 412
EP 389
EP 440
EP 437
EP 426
EP 368
EP 432
EP 454
EP 430
EP 439ep 461
ep 434, EP 435, ep 359ep 325, EP 433, ep 444,ep 412 & EP 466
ep 426, ep 437, ep 368,EP 430, EP 454, ep 432,ep 389, ep 440, L08 6,L08 7, ep 416
ep 460
EP 416
onshore Carnarvon Basin
onshore Perth Basin
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CARNARVON
I N D I A N
O C E A N
L A K E
M A C L E O D
BARROW ISLAND
EXMOUTH
E X M O U T H
G U L F
LEATHERBACK
PYRENEES
ENFIELD
BLENCATHRA
COROWA
CREST
COWLE
SALADIN
GRIFF INCHINOOK/SCINDIAN
RAMILLIES
TURBRIDGI
MACEDON
LAVERDA
VINCENT
CARRETTA
OUTTRIM
RIVOLI
R O L L E R
S K A T E
B A R R O W S U B - B A S I N
planned drilling prospects
prospect estimated potential recoverable reserves
Ep 359 Drill a 2500 metre well within paterson 5 million barrels of oil
trough to evaluate shale oil/gas potential
of the middle jurassic aged dingo claystone.
There is also a traditional oil play of the
cretaceous birdrong and or wogatti
sandstones as a ‘pinch out’ on the eastern
f lank of the Cape Range anticline.
drill bee-eate r-1
Ep 435 Option to drill shale gas well 5 million barrels of oil
with option to drill rainbow-1
UPON bee-eater DISCOVERY AND RECOMMENCE
ROUGH RANGE 1B OIL PRODUCTION
Ep 412 drill sandalwood-1 2 - 5 million barrels of oil
Ep 444 drill two wells
topaz south-1 5 million barrels of oil
amethyst-1 17 million barrels of oil
opal 12 million barrels of oil
ep 466 drill mardie oil field 1 - 5 million barrels of oil
a shallow and horizontal well to enhance
oil recovery
EP 325 rivoli gas field development subject of a gas field development with the
drill big horn oil prospect department of defence
new prospect permian oil play
ep 434
EP 359(2)
EP 444
EP 325EP 325
EP 433
EP 466
ep 435 and L 16
ep 412
ep 439
ep 460
ep 461
ep 359(3)
saNdalwood-1
rouGh range oil field
DRILL rainbow-1
drill paterson trough shale gas well
to 2500 metres. Option to drill
additional well
Drill bee-eater-1
drill topaz south-1
Feasibility study for a rivoli gas
field development with
department of defence
New prospect
drill big Horn-1
shallow horizontal well mardie oil field
pindan
drill amethyst-1
or opal-1
wogatti oil &
shale gas prospect
Drill up to a further 5 wells in 2012-2013
EMPIRE OIL & GAS NL
Carnarvon Basin
13 Petroleum
Exploration Permits
1 Production Licence
onshore Carnarvon Basin
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WOODADA
GERALDTON
KWINANA
BUSSELTON
P E R T H
B A S I N
MT HORNER
DONGARA
BEHARRASPRINGS
DA
RL
IN
GF
AU
LT
DA
ND
AR
RA
GA
NT
RO
UG
H
J INGEMIA
UR
EL
LA
FA
UL
T
DONGARA
PERTH
5
0m
HOVEA
CL IFF HEAD
WALYERING
BUNBURY
KWINANA
PERTHPERTH
BEHARRA SPRINGS NORTH
WARRO
NORTH ERREGULLA 1
MORIARY 1
EP 432 north
drill Black arrow-1
EP 432 south
mullering cataby oil prospects
3d seismic completed
drill Woolka-1
or cooljarloo
EMPIRE OIL & GAS NL EP 426
ep 440
EP 454
Garibaldi prospect
recorded 2D seismic
drill Charger-1 and garibaldi-1
EP 430
lau ner prospect
record 2D seismic
drill launer-1
Drilled Gingin West-1/Red Gully-1
gas and condensate discoveries
development of Red Gull Gas and Condensate Plant
record wannamal 80 km2 3D seismic as heliseis
record 3d seismic over yeal oil prospect, eclipse, eclipse west
drill wannamal and DEEP
drill gingin-4 and DEEP
drill gingin-5 as gingin down thrown
plan to drill gingin brook-1
plan to drill eclipse-1, eclipse west-1, yeal-1
wellesley gas prospect
2d seismic completed
Drill Wellesley-1
EP 416
leschenault prospect
2d seismic
Drill one well
L08-7
grant process
L08-6
grant process
EP 368
100 km2 North erregulla 3d seismic
drill North erregulla-2
Gas and condensate plant
drill 1 well
discovery
seismic survey
prospect
EP 437
drill wye/wye knot or
other oil prospect
North Erregulla Prospect
Origin Energy Farmin 3D Seismic
EP 389
Red Gully Gas Development
onshore perth basin
onshore Perth Basin
11 PetroleumExploration Permits
EP 368 / 462North Erregulla Prospect
Origin Energy Farmin3D Seismic
eP 432Drill Black arrow-1
eP 389red gully gasDevelopment
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E M P I R E O I L & G A S N LA B N 5 5 0 6 3 6 1 3 7 3 0
gIngIn WeSt-1 anD reD gULLY-1gaS anD ConDenSate DISCoVerIeS
Onshore Perth Bas in, Western Austra l ia
Red Gul ly-1 FARO 12 MMCFGD and 832 BCPDMarch 2011
• Gas Sales Agreement with Alcoa
• Condensate Sales to BP Kwinana
• New 3D Seismic
• Product ion 2012
• Dri l l for addit ional reserves
• Wannamal and Wannamal Deep
• Dri l l G ingin-4 and 5 wel ls
• 3D seismic
• Dr i l l G ingin Brook, Ec l ipse Deepening
and Yeal
• Dr i l l ing in other Perth Bas in Permits
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red gully-1 Development
• Forward Gas Supply and Additional Gas Supply Agreement, entered
with Alcoa of Australia Limited 25 October 2011;
• Forward Gas Sales Contract of $25 million will fund the Red Gully Gas
and Condensate Plant;
• Red Gully-1 Gas and Condensate Plant designed by Momentum
Engineering - a Western Australian Firm;
• Production profiles for gas production rates to maximise gas and
condensate recoveries are complete;
• All long lead time items for construction are on order;
• gas production in 2012 is planned with Condensate sales to
BP refinery, Kwinana, Western australia;
• Natural gas pipeline access 2500 metres from the Red Gully Gas and
Condensate Plant;
• The Dampier to Bunbury Pipeline access agreement for 20 years
entered into 3rd January 2012.
Red Gul ly Gas and Condensate P lant Development Export to DBNGP Pipel ine
red gully gas and Condensate Plant
Additional recoverable gas prospects to be drilled where new gas and condensatediscoveries will be processed and transported through the Red Gully Plant. These are:
EMPIRE OIL & GAS NL
- Gingin-4 well 50 BCF and 2.5 MMBC and Gingin-2 Deep 32 BCF and 1.6 MMBC beingin total 82 BCF and 4.1 MMBC [at 50 BC per 1 MMCFG].
- Gingin-5 [Gingin-3 side track] 37 BCF and 1.8 MMBC [at 50 BC per 1 MMCFG].- The Gingin Gas Field area may require an additional well [Gingin-6] and the 3D
seismic may delineate additional tilted fault block structures in the lowerCattamarra for additional gas reserves.
• Wannamal and Wannamal Deep located adjacent to Gingin West-1 is mature fordrilling and is defined by 3D Seismic. Potential recoverable reserves are:Wannamal and Wannamal Deep 66 BCF and 2.3 MMBC. To be further defined byWannamal Heliseis 3D.
• Gingin Gas Field is the subject of additional 3D seismic to provide:
• By deepening Gingin West-1 to the Bootine Deep Tilted Fault Block there ispotential recoverable oil reserves of 3 MMBO. This would increase the potentialrecoverable condensate and oil reserves to 11.1 million barrels. It is more likelyto be 20 BCF of recoverable gas.
• Future potential recoverable gas to be processed through red gully gas Plant:
- Wannamal and Deep, gingin-4 and Deep, gingin-5 [gingin-3 sidetrack] and the Bootine Deep is 205 BCF and 9.2 MMBC.
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Location of
red gully
gas and
Condensate
Plant with
surveyed
heights
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EMPIRE OIL & GAS NL
Location of
Production
Wells and
red gully
gas and
Condensate
Plant
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gingin West-1
• Vertical Well 3870 m TDAssay of both gas and condensate confirmed as sweet and meets the criteria for pipeline entry and refining at BP Kwinana.
• Contracted modern, computer driven 5,000 m Weatherford Rig 826.• Drilled straight and in gauge well to 1,500 m.• Ran intermediate electric wireline logs. Cemented 9 ⁵⁄�” casing. • Drilled to 3,870 m straight and in gauge wellbore.• Mudlogged gas shows and live oil shows over 3 separate intervals
while drilling.• Ran comprehensive electric wireline logs demonstrating 3 separate
gross hydrocarbon bearing intervals.• Ran 7” production casing to surface and cemented.• Rig released 25 December 2009.• Conducted Production Test July 2010. No depletion. Condensate yields
are rich at 50 barrels of condensate for every 1 million feet of gas.
red gully-1 January 2011
• Red Gully-1 Directional Well from the Gingin West-1 drill pad.• Weatherford Rig 826 contracted to drill 4,000 m well [3937 m TD].• Reservoir objectives Cattamarra Coaly Unit, B and D Sands. • Announced 13 February 2011, D Sand Max Gross Pay 18 metres. B Sand
Max Gross Pay 56 metres. Recoverable Gas estimated between 20-30 BCF. Completed Production Test D Sand March 2011, FARO 12 MMCFGD and 832 BCPD.
• Very rich in condensate: 70-80 barrels of condensate per 1 million feet of gas.• Ran dual completion for D and B reservoir sands. [Test Coaly Unit at a later date]• Potential Recoverable Gas for both Gingin West-1 Block B and Red Gully-1
Block A is 30 BCF gas and associated condensate.• Assay of gas and condensate is sweet.• Gas and Condensate Production Facility being designed by Momentum Engineering. • Access to the DBNGP by a 2.5 km pipeline is settled. BP Kwinana Refinery to take
the condensate.• Gingin West-1 and Red Gully-1 are Empire’s third and fourth deep well in the
permit, resulting in two discoveries. Perseverance proves successful.
Drilling Red Gully-1,
preparing to run 7”
production casing
February 2011
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gingin West-1
C o M P L e t e D D I S C o V e r Y W e L L
• Cattamarra D Sand tested.
• The Top D Sand interval 3,571.5 - 3,586.8 m [15.3 m] perforated with
through tubing - perforating guns, on electric wireline. [Discovery FARO
7.66 MMCFGD 301 BCPD].
• Gingin West-1 will be deepened to the Bootine Deep [Tilted Fault Block] to
access potential additional 20 BCF and 1 MMBC.
• Strong gas shows in the Coaly Unit of the Cattamarra Coal Measures over
the Interval 3,287.5 - 3,375 m [87.5 m] are interpreted to be gas bearing and
are to be tested upon depletion of the Top D Sand reservoir and the Bootine
Deep in the future.
EMPIRE OIL & GAS NL
10,000 ps i wel lhead, Xmas Tree and Hal l iburton pump unit .
t e S t I n g
• Release Rig 826 off location.
• Slickline operations and crane with lubricator.
• Halliburton pump unit.
• Test under balanced with diesel cushion.
• 10,000 psi wellhead and Xmas Tree.
• Perforate discovery interval with electric wireline.
• Farley Riggs test package of choke manifold and gas/condensate
separator, flowed at a stabilised rate of 7.5 MMCFgD/375 BCPD.
Perforating Gingin West-1 with new electric logging company, Crocker Trucker Energy Services Pty Ltd,
with wireline through tubing guns.
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red gully-1
C o M P L e t e D D I S C o V e r Y W e L L
• 3 Hydrocarbon intervals. The D, B and Coaly Unity of the Cattamarra
Formation;
• A dual completion was run in the well for the D and B sands;
• Perforated D Sand with tubing conveyed perforating guns and flowed on
production test at a stabilised rate of 12 million cubic feet of gas per day
[12 MMCFGD] and 832 barrels of condensate per day [832 BCPD];
• A Completion was also run to perforate the B Sand with through tubing
perforation guns at a later date;
• Pay: D Sand 18 metres
• B Sand 56 metres. The B sand is full to its spill point;
• Recoverable gas and condensate estimated 20 to 33 BCF and
1.6 to 2.65 MMBC.
• The Cattamarra Coaly Unit Gas Sands will be tested at a later date.
• This Unit and the C Shale are Gas Objectives within EP 389 Permit.
t e S t I n g
• Released Rig 826 off location after the dual completion was run with
tubing conveyed perforating guns.
• Slickline operating and crane and lubricator.
• Test underbalanced with diesel cushion.
• 10,000psi wellhead and Xmas Tree.
• Perforated D sand with tubing conveyed perforating guns.
• Flow rate: 12 MMCFGD and 832 barrels of condensate per day.
Red Gully-1 Lubricator on crane ready to perforate with tubing conveyed perforating guns. Rig 826 laid
down in the background.
Red Gul ly-1 S l ick l ine operat ions on the Red Gul ly-1 wel l with a 10,000 PSI wel lhead and Xmas
Tree. Prepar ing to perforate the D sand. There are two complet ions run in the D and B sands of
the Cattamarra Coal Measures.
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EMPIRE OIL & GAS NL
Perforating Gingin West-1 with new electric logging company, Crocker Trucker Energy Services Pty Ltd,
with wireline through tubing guns.
Dr i l l ing Engineer Hugh Edwards
and Craig Marshal l with Red Gul ly
condensate samples.
Note the c lear condensate which is h igh
in gasol ine and kerosene fract ions.
Three Test Tanks were quickly filled on
Production Test with very high condensate levels
of 70 to 80 barrels of condensate per 1 million
cubic feet of gas. Stabilised flow rate of
12MMCFGD and 832 BCPD.
The Condensate will be sold to the BP Oil Refinery
under a Crude Oil Sales Agreement.
Condensate attracts a premium price
to crude oil.
Gingin West-1 Gas and Condensate
Discovery FARO of 7 .5 MMCFGD and
approximately 375 BCPD. Product ion
Test , 13 Ju ly 2010, F lare l ine frozen
white due to gas expansion and cool ing
whi le f lar ing
Red Gul ly-1 FARO 12MMCFGD
and 832 BCFD on Product ion Test ,
13-17 March 2011
red gully-1
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6550000mN
6548000mN
6546000mN
38
60
00
mE
38
80
00
mE
39
00
00
mE
0
Scale 1:25,000
400m
EMPIRE OIL & GAS NL
Red Gul ly-1 Discovery Wel l
Product ion Test March 2011, through gas separator at 12 mi l l ion cubic feet of gas per day and
832 barrels of condensate
gingin West-1 and red gully-1
P I P e L I n e I n F r a S t r U C t U r e
• 2500 metres adjacent to two natural gas pipelines. Entry into DBNGP settled for20 years, 3rd January 2012.
• Production testing supplied comprehensive assays confirmed natural gas entry into either Pipeline and the condensate is suitable for refining at BP Kwinana. Crude oil sales, including Red Gully condensate, being settled with BP.
• Sell condensate to BP Kwinana 150 kms by road tankers.• Empire has a Forward Gas Sales Agreement for $25 million and a Gas Supply
Agreement with Alcoa of Australia Limited settled on the 25th October 2011.• Access to the land to be settled by mutual agreement or by the Magistrate’s Court
on May 31/June 1, 2012.• There is market demand for both domestic gas and gas for power generation.
The market is seeking a diversity of gas supply from NW Shelf gas.• Gas pricing in Western Australia is very robust.• Commissioning planned November/December 2012.
Compressor Stat ion 5
Dongara to P in jarra P ipel ine [Parmel ia]
T ie in Dampier to Bunbury P ipel ine [DBNGP] 2.5 km
Gingin West-1Red Gul ly-1
gingin West-1
t e S t I S a D I S C o V e r Y W e L L
• Perforated 1254 hours, 12 April with wireline through tubing 3,572 - 3,575 m.
• Gross Interval 3,571.5 - 3,586.8 m [15.3 m].• Underbalanced with diesel cushion.• Gas to surface 1915 hours, 12 April 2010.• 13 April 2010 FARO 7.66 MMCFGD and 301 BCPD
³⁸⁄��” choke [Condensate equates to 40 barrels per 1 MMCFG].• Shut in after flowing 15½ hours. Instant build up at wellhead of 3,423 psi
at 0600 hours, 14 April 2010.• Production test 12 - 16 July 2010 flowed at a stabilised rate of
7.5 MMCFGD and 375 BCPD.
red gully-1
• A similar Underbalanced Test Programme to Gingin West-1 was conducted for the Red Gully-1 discovery well.
• Demonstrated instant build upon production test.
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Production and Drilling Programmes
In i t ia l Test of Red Gul ly-1. The Gingin West-1 Discovery wel l i s to the r ight of the p icture fenced off.
History
D I S C o V e r I e S
g I n g I n g a S F I e L D a r e a
• Gingin-1, [WAPET] 1964 - flowed 5 MMCFGD.
Cumulative production 1.72 BCF.
• Gingin-2 [WAPET] 1965 - tested at rate 3.9 MMCFGD.
• Bootine-1 [MESA] 1981 - tested 2.25 MMCFGD.
• Gingin West-1 [Empire] 2010, FARO 7.5 MMCFGD, 375 BCPD
• Red Gully-1 [Empire] 2011, FARO 12 MMCFGD, 832 BCPD
t H e e M P I r e g I n g I n - B U L L S B r o o K t r e n D
• 60 km Trend defined by Empire’s existing recording of 444 kms
3D seismic and all the 333 kms of reprocessed seismic.
• Potential unrisked reserves 1238 BCF [1.2 TCF] and
48.5 Million barrels oil.
• New 3D seismic is the pre-requisite for drilling success.
P I P e L I n e a n D o t H e r I n F r a S t r U C t U r e
• 2 Pipelines - located 2.5 kms from Gingin West.
• 2 Highways - Brand Highway and Great Northern Highway.
• Access roads - all bitumen or quality graded gravel roads.
• Production into DBNGP for forward sales gas and additional gas sales settled with Alcoa of Australia on 25 October 2011. Condensate to BP Kwinana Refinery to include both Red Gully, Gingin West condensate and future discovered condensate.
• Construction of the Gas Plant, flowlines and condensate tanks are funded by a Forward Gas Sales Agreement of up to $25 million. Plant design by Momentum Engineering.
• Gingin West-1 Block B and Red Gully-1 Block A have recoverable gas estimated at 30BCF with associated condensate.
• Applied for Pipeline License on 19 October 2011.• applied for Production License for 21 years over the location on 20 October 2011.• Drill Wannamal and Wannamal Deep already defined by 3D Seismic.• Record 3D seismic to define well locations and closures. Additional potential gas
and condensate for the Wannamal and the Gingin Gas Field structures totals185 BCF and 8.2 MMBC to be processed through the Red Gully Gas Plant.
• Other structures located along the Gingin to Bullsbrook 60 km Trend, include the Gingin Brook, Eclipse, Eclipse West and Yeal prospects.
• The Gingin Gas Field Area and the Gingin Brook Anticlinal Structure are both favoured for further 3D Seismic.
• 3D seismic will also define: the deeper Fault Block Structure Gingin-2 Deep, to be drilled as Gingin-4 and Gingin-4 Deep.
• Gingin-5 may be drilled as a side-track from the Gingin-3, a suspended well drilled by Empire in 1998, or a new vertical well.
• Drill Gingin Brook-1 well on confirmed 3D Anticlinal Closure.• Gingin Brook Anticlinal Structure has the potential for up to 100 BCF of recoverable gas in
the D Sand. The larger Gingin Brook fault dependent structure is a much larger play.
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the Seismic Method
The Seismic Method inputs sound waves or vibrations, deep into the
earth where they reflect back to the surface from various rock layers [Figure 1] to
be digitally recorded. The recorded information is analysed and manipulated to
produce a picture - known as a seismic section, a cross-section of the earth’s
subsurface - that is used to identify zones of likely oil or gas deposits. An example
of a seismic section can be seen in Figure 2. This cross-section was taken across
the Gingin West structure in EP-389 where the successful Gingin West-1 well was
drilled, and is approximately 125 kms north of Perth.
recording truck
shale seal
overlying formations
EMPIRE OIL & GAS NL
Recording Gingin West 3D seismic in EP 389 Perth Bas in
37
Soundwave recording during a Seismic Survey
predetermined seismic line
vibroseis trucks
geophone cables
potential oil and gas
The process of recording seismic to map the subsurface in search oftrapped accumulations of oil and gas
reservoir of porous sandstone
S NBlock B
D Sand
Gingin West-1
Discovery Wel l
figure 2
figure 1
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
6550000mN
6548000mN
6546000mN
38
60
00
mE
38
80
00
mE
39
00
00
mE
0
Scale 1:25,000
400m
gingin West-1 and red gully-1 gas/Condensate Discoveries
How it was achieved
2 D S e I S M I C
• Recorded 444 kms of Modern 160 fold 2D Vibroseis seismic
over EP 389.
• Reprocessed 333 kms of existing seismic.
• Delineated Gingin West Prospect and the 60 km Gingin
to Bullsbrook Trend of prospects and leads.
Recording 2D seismic over Gingin West-1 with buggy Vibroseis .
3 D S e I S M I C
• Recorded detailed 45 km2 3D seismic over Gingin West Prospects.
• Mapped Gingin West 3D seismic and 2D seismic to provide:
- Gingin West Block B [4 way dip anticline] discovery Gingin West-1 well.
- Gingin West Block A [fault dependent anticline] drilled
2011 as Red Gully-1.
Recording 3D seismic over Gingin West structure.
Gas and Condensate
Discover ies
80 kms to Perth
150 kms to BP Oi l Ref inery
2.8 kms to both Gas P ipel ines
Gingin West-1Red Gul ly-1
3D seismic over
Gingin West and Red Gul ly
Discover ies
Seismic Source L ineSeismic Source L ine on Ex ist ing TrackSeismic Receiver L ine [To be rol led]Seismic Receiver L ine [Hand Carry]Seismic Receiver L ine [No Clear ing or brush cutt ing]Seismic Receiver L ine on Ex ist ing Track
For
per
sona
l use
onl
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EMPIRE OIL & GAS NL
Proposed WannamalHeliseis Programme, eP 389
Heliportable Seismic exploration
• Minimal equipment footprint
• No motor vehicle wheel tracks
• Minimal environmental impact and
rehabilitation
• Fast and efficient airborne transport
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
Dri l l ing equipment transported by road
to a centra l staging base
The Hel iBel lyHook is used to l i f t up
to 2.7 tonne loads
Drilling equipment and water lifted into
location. One helicopter leap frogs drills
in a continuos operation, landing only
for fuel and pilot change
Shothole loader prepares charge and
loads hole. Typica l ly, two or more 0.5 kg
cartr idges screw together, are pr imed
with two electronic detonators and
‘poled’ careful ly to conf irm actual
depth of charge
Heliportable Seismic exploration
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
Geophones are connected to
a recording truck
Recording equipment and f ie ld act iv i ty i s
control led from the ‘dog box ’, located
for VHF communicat ions
Several thousand act ive receiver groups
[geophones] are connected to the
recorder.
Heliportable Seismic exploration
Several bags of graded gravel are
poured over the charge to prevent
‘b low-out ’. Detonator wires are
concealed
For
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sona
l use
onl
y
116°00'E
31°00'S
32°00'S
Lancel in
Perth
Muchea
Kwinana Refinery
EP 389
Two Rocks
Yanchep
GuildertonGingin
Seabird
Bad
amin
na T
errace
Dan
daragan
Tro
ugh
EMPIRE OIL & GAS NL
EP 389
gas and condensate
discover ies , leads,
prospects and
infrastructure
EP 389
Strat igraphy
Gingin Brook
Ecl ipse West
Yeal
Red Gul ly Gas and Condensate d iscovery
Gingin South
Dongara to P in jarra P ipel ine [Parmel ia]
Dampier to Bunbury P ipel ine [DBNGP]
Ecl ipse Deep
Gingin Gas F ie ld
Gingin West Gas d iscovery
Mo gumber Lead
POTENT IAL RECOVERABLE GAS EP 389 PROSPECTS
PROSPECT
Ging in -1 C losure
G ing in -2 Deep
Boo ne Deep
Wannama l
G ing in South
G ing in B rook
Yea l
Ec l ip se
TOTAL
GAS
87 BCF
32 BCF
20 BCF o r
52 BCF
100 BCF
600 BCF
0 BCF100 BCF
1 2 3 8 B C F
OIL + CONDENSATE
4 .3 m i l l i on bb l s
1 .6 m i l l i on bb l s
3 .0 m i l l i on bb l s
1 .6 m i l l i on bb l s
7 .2 m i l l i on bb l s
1 .2 m i l l i on bb l s
25 .0 m i l l i on bb l s
1 .2 m i l l i on bb l s
4 8 . 5 m i l l i o n b b l s
STATUS
Needs 3D Se i smic
Needs 3D Se i smic
Ready to d r i l l
Ready to d r i l lWannama l Deep 14 BCF 0 .7 m i l l i on bb l s Ready to d r i l l
Needs 3D Se i smic
Needs 3D Se i smic
Needs 3D Se i smic
Needs 3D Se i smicEc l ip se West 225 BCF 2 .7 m i l l i on bb l s Needs 3D Se i smic
3200m
3100m
3700m
4000m
4100m
AGE LITHOLOGY FORMATION DEPTHSHOWS
CADDA FORMATION
YARRAGADEE FORMATION
3800m
3900m
3000m
3300m
3400m
3500m
3600m
UPPER
CATTAMARRA
COAL
MEASURES
LOWER
CATTAMARRA
COAL
MEASURES
LC1 SAND
SINEMURIAN
PLEINSBACHIAN
AALENIAN
TOARCIAN
BAJOCIAN
LC2 SAND
LC3 SAND
SAND
MEMBER D
SAND
MEMBER A
SAND
MEMBER B
SHALE
MEMBER C
COALY UNIT
Gingin-1
Boo ne-1Rec 0.5bbl oil
Gingin-23.92 MMcfg/d
4.25 MMcfg/d
Boo ne-12.25 MMcfg/d
Gingin West-17.5 MMcfg/d
375 BC/d
Red Gully-112 MMcfg/d832 BC/d
Red Gully-1Full to Spil l Point
Gingin-13.8 MMcfg/d
SignificantGas shows fromCoals & Sands
L to C4 SAND
JU
RA
SS
IC
Wannamal and Wannamal Deep
Note:
An independent Shale Gas Study of the ‘C ’ shales (approximately
100 m thick) that had shows in Red Gul ly-1 and the th ick 400 m +
sect ion of the lower Cattamarra shales , provide a very large
est imated potent ia l recoverable shale gas .
For
per
sona
l use
onl
y
BLOCK A
BLOCK B
Gingin-2
Gingin-1
Gingin-3
Bootine -1
Gingin West -1
2000 metres
Block
BBlock
A
EMPIRE OIL & GAS NL
gIngIn WeSt-1 gaS DISCoVerY BLoCK B
FLoWeD at a rate oF 7.5 MMCFgD anD 375 BCPD
Gingin-5 deviated wel l
Reserves subject to 2011 dr i l l ing
Gas F ie ld
Prospect
Red Gul ly-1deviated wel l
Gingin West-1 Gas Discovery
Top D Sand Play Gingin West B lock B
Gingin West 3DSeismic Survey
3D Seismic to def ine
Gingin-1 c losure potent ia l87 BCF in D Sand
S N
D Sand Play
Block B
D Sand
Gingin West-1
Discovery Wel l
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
SL
-1000m
-2000m
-3000m
-
1000m
GINGIN WESTBLOCK A Gingin West-1
BLOCK B
COALY UNIT
C SHALE
D SAND
B SAND
CADDA FM
13 3/8" csg
9 5/8" csg
Flowed 7.66 MMcfg/d+ 300 b/d condensate
Flowed 12 MMcfg/d+ 832 b/d condensate
Red Gully-1
Gingin-2
Gingin-1
Gingin-3
Bootine-1Red Gully-1
Gingin West-1
2000 metres
Block
A
reD gULLY-1 BLoCK a DISCoVerY
FLoWeD at StaBILISeD rate 12 MMCFgD anD 832 BCPD
PotentIaL reSerVeS 30 BCF anD aSSoCIateD ConDenSate
UP to 80 BarreLS Per 1 MMCFg
Reservesto be establ ishedby ExtendedProduct ion Test
EP 389
Perth Bas in
Gingin West Prospect
Gingin West-1 and Red Gul ly
Gas/Condensate Discovery
Top D Sand
Gingin West 3DSeismic Survey
Gas F ie ld
Prospect
Gingin West
B lock aGingin West
B lock B
Red Gul ly-1 B lock A
W
D Sand
Red Gul ly-1Gingin West-1
Lower Cattamarra
Boot ine Deep
For
per
sona
l use
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EMPIRE OIL & GAS NL
Planned drilling Wannamal and Wannamal Deep
• Wannamal-1 is located immediately adjacent to the Gingin
West-1 and Red Gully-1 gas and condensate discoveries.
• Mature for drilling, defined by 3D seismic with same reservoir
objectives as Gingin West-1 and Red Gully-1 discovery wells in
the Upper Cattamarra Coal Measures.
• Wannamal Deep is a tilted fault block at the Lower
Cattamarra
• Lower Cattamarra flowed gas in the Gingin-1
[4.25 MMCFGD] and Gingin-2 [3.92 MMCFGD] and 0.5 barrels
of oil in Bootine-1.
• Potential Recoverable Gas in Wannamal from the Upper
Cattamarra is 52 BCF and associated condensate.
• Potential Recoverable Gas in Wannamal Deep is 14 BCF and
0.7 MMBC.
• Potential Recoverable Gas and Condensate for Wannamal and
Wannamal Deep is 66 BCF and 2.3 MMBC.
• Further gas discoveries can be processed through the Red
Gully Gas and Condensate Plant.
• Drilling planned upon Wannamal 3D Heliseis being recorded.
BLOCK A
BLOCK B
Gingin-2
Gingin-1
Gingin-3
Bootine -1
2000 metres
Gingin Gas Field
Red Gully-1
Gingin West -1
PotentIaL reCoVeraBLe gaS anD ConDenSate
gIngIn WeSt/reD gULLY 30 BCF anD 2 MMBC
gIngIn gaS FIeLD 87 BCF anD 4.3 MMBC
[gIngIn DeeP] 32 BCF anD 1.6 MMBC
WannaMaL ProSPeCt 52 BCF anD 1.6 MMBC
[WannaMaL DeeP] 14 BCF anD 0.7 MMBC
Gingin-5 deviated wel l
Wannamal
Gas F ie ld
Prospect
For
per
sona
l use
onl
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EMPIRE OIL & GAS NL
Gingin-2
Gingin-1
Gingin-3
Bootine -1
Gingin West -1
2000 metres
neW tILteD FaULt BLoCK PLaYS noW MaPPeD
FroM neW gIngIn WeSt 3D SeISMIC SUrVeY
PotentIaL reCoVeraBLe gaS anD ConDenSate
gIngIn DeeP 32 BCF anD 1.6 MMBC
WannaMaL DeeP 14 BCF anD 0.7 MMBC
BootIne DeeP oIL PLaY 3 MMBo
or 20 BCF gaS/ConDenSate
Gingin Gas Discover ies
Ti l ted Fault B locks
Lower Cattamarra Coal Measures
Wannamal DeepPotent ia l 14 BCF. Needs 3D Seismic
Gingin-2 DeepPotent ia l 32 BCF. Needs 3D Seismic
Gas F ie ld
P rospect
Oi l F ie ld
Lower Cattamarra T i l ted Fault B lock P lay
W
Gingin West 3DSeismic Survey
Boot ine DeepPotent ia l 3 Mi l l ion bbls Oi l . L ike ly to be 20 BCF of gas and associated condensate.
Boot ine
Deep
Wannamal
Deep
Gingin-2
Deep
Wannamal
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
Gingin-2
Gingin-1
Gingin-3 Gingin-5
Bootine-1Red Gully-1
2000 metres
Gingin West-1
gIngIn gaS FIeLD area
gIngIn-4 anD DeeP aS gIngIn-2 anD DeeP
gIngIn-5 aS a gIngIn-3 SIDe traCK WeLL
PotentIaL reSerVeS 87 BCF anD
4.3 MILLIon BarreLS oF ConDenSate
totaL PotentIaL gaS In tHe gIngIn area tHat Can
Be treateD at tHe reg gULLY gaS anD ConDenSate
PLant In aDDItIon to gIngIn-1 anD reD gULLY-1 IS
CIrCa 205 BCF anD 9.2 MMBC
D Sand play
Gingin-5 is a s ide track wel l f rom Gingin-3
GINGIN-5 [as Gingin-3 Side Track]
2500m
3000m
3500m
4000m
25°
GIN
GIN
-5
COALY UNIT A
SAND UNIT B
SAND UNIT C
SAND UNIT D
LC1
TOTAL DEPTH4200m
(-4003m SS)
Kick off Point2520m (-2323m SS)
9 5/�8 “ Csg3379m(-3182m SS)
TopCement
Plug3320m
(-3123m SS)
Measured Total Depth4430m
Gingin-1 Gas F ie ldArea.Potent ia l 87 BCFin D Sand
3d Seismicrequired
EP 389 Gingin Gas F ie ld Area
proposed wel l t ra jectory for Gingin-5
as a s ide track wel l f rom Gingin-3, or may be dr i l led as
a new vert ica l wel l
W E
Gingin West 3DSeismic Survey
Gas F ie ld
Prospect
Gingin Gas
Fie ld
Closure
D Sand
Wannamal
For
per
sona
l use
onl
y
31°00'S
32°00'S
Lancel in
Perth
Muchea
Kwinana Refinery
EP 389
Two Rocks
Rockingham
Pinjarra
GuildertonGingin
Seabird
Bad
amin
na T
errace
Dan
daragan
Tro
ugh
EMPIRE OIL & GAS NL
EP 389
Gas and Condensate
Discover ies , Leads,
Prospects and Pipel ine
I nfrastructure to the
Southern Region
Parmel ia Compress ion Stat ion 5
Gingin Brook
YealEc l ipse West
Mogumber Lead
Ecl ipse Deep
Gingin south
Red Gul ly Gas F ie ld
Dongara to P in jarra P ipel ine [Parmel ia]
The DBNGP wi l l t ransport Red
Gul ly/Gingin West natural gas
Dampier to Bunbury P ipel ine [DBNGP]
Gingin Gas F ie ld
Wannamal and Wannamal Deep
Gingin West Gas F ie ld
• Red Gully-1 in Block A is a deviated discovery
well from the same Gingin West-1 wellsite and
substantially increased gas and condensate
reserves. Red Gully-1 and Gingin West-1 have
recoverable gas of 30 BCF and associated
condensate. Gingin West-1 has 50 barrels of
condensate per 1 MMCFG, Red Gully-1 70 - 80
barrels of condensate per 1 MMCFG.
• The Red Gully Gas Plant and pipeline to the
DBNGP is funded by a Forward Sales Contract of
$25 million with Alcoa. There is a separate
additional Gas Supply Agreement with Alcoa.
• Gingin West-1 in Block B FARO 7.5 MMCFGD and
375 BCPD is a significant gas and condensate
discovery. Followed by Red Gully, FARO 12
MMCFGD and 832 BCPD - the largest gas flow in
the Perth Basin from the Jurassic.
• Production into adjacent DBNGP infrastructure
and sell gas to Alcoa in late 2012 and truck
condensate to BP Kwinana.
• Gas Sales Contract settled with Alcoa on 25
October, 2011.
• Wannamal-1 and Deep potential recoverable gas
52 BCF and associated condensate. Wannamal
Deep potential recoverable gas 14 BCF. Total 66
BCF and 2.3 million barrels of condensate.
• Planning Wannamal Heliseis 3D 85 km2 seismic
to further define Wannamal and Wannamal-1
and Deep and drill Gingin Gas Field Wells,
Gingin 4 and Deep and Gingin-5.
Conclusion
For
per
sona
l use
onl
y
EP 389
EP 430
EP 440
EP 432
EP 454Eneabba
Lancelin
Moora
116°00'E115°00'E
Dandaragan 1
Cataby 1
0 25 km
WOODADA
CLIFF HEAD
WALYERING
BEHARRA SPRINGS
WORRO
GINGIN
PERTH
Kwinana
• Potential new discovered gas and condensate
reserves of 205 BCF and 9.2 MMBC will be treated
through the Red Gully Gas and Condensate Plant.
• Plant design can be twinned to increase production
up to 20 MMCFGD.
• Additional 3D seismic for Gingin Brook and also
other well locations for Eclipse, Eclipse West, Yeal
and others along the Gingin to Bullsbrook
60 km Trend.
• Empire’s 2D seismic of 444 kms and the reprocessed
existing 333 km seismic demonstrates further
prospects and leads over this 60 km Trend where
potential unrisked gas reserves are circa 1.2 Trillion
Cubic Feet of Gas and 48 Million barrels of crude oil
and condensate.
• Additional Recoverable Gas from the Gingin area is
within Conventional sands of the Coaly Unit and
huge potential recoverable Shale Gas from within
the ‘C’ Shale (100 metres thick) in the Upper
Cattamarra and the shales in the Lower Cattamarra
over a 400 metre interval.
• Empire has high equity of 68.75% in EP 389 and
discoveries.
Conclusion [continued]
CataBY to YeaL
JUraSSIC oIL trenD
In eMPIre’S PertH BaSIn
onSHore CoaStaL
PerMItS
EP 389
Oi l and Condensate
Generated From
Jurass ic Source Rocks
in Dandaragan Trough
Gingin Brook Ant ic l inal
Ec l ipse West
Yeal
Mul ler ingAnt ic l ine
Possible oi l trends
Red Gul ly Gas F ie ld
Gingin South
Wannamal and Deep
Dongara to P in jarra P ipel ine [Parmel ia]
Dampier to Bunbury P ipel ine [DBNGP]
Ecl ipse
Gingin Gas F ie ld
Gingin West Gas F ie ld
Mo gumber
Woolka
Cool jar loo
EMPIRE OIL & GAS NLF
or p
erso
nal u
se o
nly
• Farmout to Origin Energy Pty Ltdto record 100km2 3D Seismic.
• Empire to operate the seismic and drilling programmes until adecision to undertake an appraisaland development programme hasbeen made. Origin will then assumeoperatorship.
• North Erregulla-1 drilled in 1967 byWAPET on poor quality surveyacquired in the 1960’s isconsidered did not drill on thecrest of the structure. Drill stemtests confirmed a live oil system.DST over one sand of the ArranooMember of the Lower TriassicKockatea Shale recovered 72.5litres of 380 API oil and a DST of thePermian aged Dongara Sandstonelocated directly beneath known
source rock, the Hovea Member ofthe Kockatea Shale recovered30 litres of 380 API oil.
• The Kockatea Shale is 260 metresthick in North Erregulla-1 supplyingexcellent vertical and lateral sealfor the Arranoo, Dongara andWagina reservoirs.
EP 426EP 437
EP 368
DONGARA
ENEABBA
MULLEWA
THRE
MINGENEW
NORTH ERREGULLA 1
MORIARY 1
GERALDON
Dongara Gas F ie ld
Mt Horner Oi l F ie ld
Cl i ff Head Oi l F ie ld
Hovea, J ingemia, Eremia Oi l F ie lds
Woodada gas f ie ld
Beharra Spr ings, Beharra Spr ingsNorth and Tarantula Gas F ie lds
north erregul la Prospect
potentia l recoverable oi l
25 MMBo/100 BCF gas
P R O S P E C T
EP 426 and 368
Locat ion of North
Erregul la ProspectDampier to Bunbury P ipel ine [DBNGP]
Dongara to P in jarra P ipel ine [Parmel ia]
EMPIRE OIL & GAS NL
n o rt H e r r eg U L L a
n o rt H P e rt H Ba S I n
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
General ised
Strat igraphy
Coolyena Group
Dongara/HoveaJingemia
ZONEOFINTEREST
Kockatea Shale
Arranoo SandDongara Sandstone
ACRET
CEO
US
ERTH
INP
BAS
ERMIA
PN
RS
TIASIC
BSM
T.PRE
CAM
.BUJRASSIC
Mt HornerMt Horner
MondarraErregulla
Mt Horner/Beharra Springs
Gingin/ Boo neWalyering
Warro
Woodada
Dongara
STRATIGRAPHYBASIN
AGE
L ITHOLOGYOIL & GAS
OCCURRENCES
3000m
3500m
NORTH ERREGULLA-1
CARYNGINIA FORMATION
DONGARA/WAGINA SANDSTONES
KOCKATEA SHALE
WOODADA FORMATION
IRWIN RIVER COAL MEASURESHIGH CLIFF SANDSTONE
2500m
LESUEUR SANDSTONE
EP 368/426
North Erregul la
Prospect
Onshore
Perth Bas in
potent ia lo i l reservoir
potent ia lgas reservoir
• Interpretation of existing seismicdata sets and the 400 line kmairborne gravity survey hasprovided Empire’s interpretation.The majority of the North ErregullaStructure is located in EP 368where Empire has a 40% interestafter farmout.
• Based on current mapping andreservoir parameters in the NorthErregulla-1 well and the volume ofthe current mapped structure,Empire has calculated that theentire North Erregulla tilted faultblock has the potential to haveestimated recoverable oil in theorder of 22 million barrels in theDongara/Wagina Sandstones and
3 million barrels of oil in theArranoo Member. There is also thepotential to trap a further 100billion cubic feet of gas in theDeeper Irwin River Coal Measuresand the High Cliff Sandstones.
• Shale gas potential exists in theHovea and Carynginia Formations.In the down thrown side of theNorth Erregulla fault block, theHovea Member is in the gaswindow. Four wells in the northernpart of EP 368 intersected thePermian section where gas showswere encountered in the EarlyPermian Carynginia Formation andEarly Permian aged Irwin RiverCoal Measures.
For
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
One of six Schlumberger’s
Western Geco Seismic
Vibroseis units, mobilised
from the Middle East, to
record the 100 km2 North
Erregulla 3D Seismic
Survey in EP 426 and
EP 368 , North Perth
Basin, Western Australia
February 2012
For
per
sona
l use
onl
y
Empire’s Seismic Manager,
Terry Grocke, in one of
seven units containing
battery charges for up to
500 km2 of computer
geophones
EMPIRE OIL & GAS NLF
or p
erso
nal u
se o
nly
Lancelin
Moora
30°00'S
31°00'S
115°00'E
D A
N D
A R
A G
A N
T R
O U
G H
B E A G
L E R I D
G E
BE
AG
LE
FAU
LT
LESUEU
RL
ES
SU
EU
R
FA
UL
T
S H E L F
DA
RL
IN
G
116°00'E
FA
UL
T
YARRA
YARRA
TERRACE
EP 432
EP 430EP 454
EP 389EP 440
0 30
C A
D D
A S
HE
LF
Dandaragan 1
Walyer ing Gas F ie ld
Woodada Gas F ie ld
Warro Gas F ie ld
Red Gul ly Gas F ie ld
Cool jar loo
6 MMBO
Dri l l Charger-1
20 MMBO
Winchester
16 MMBO
Garibald i
40 BCF Gas
Gingin Gas F ie ld
Gingin West Gas F ie ld
Woolka
30 MMBO
Dri l l B lack Arrow-1,
Tr iass ic Arranoo Oi l P lay with deeper Permian
convent ional and unconvent ional gas object ives
Launer
16 MMBO
D I S C O V E R Y
P R O S P E C T
EP 432, 454 and 430
Locat ion of Prospects
and Plays
EMPIRE OIL & GAS NLF
or p
erso
nal u
se o
nly
29°45'S
115°30'E 115°45'E
30°00'S
30°15'S
EP 430EP 454
UR
EL
LA
FA
UL
T
YA
RR
A
YA
RR
A
TE
RR
AC
E
0 40
DA
ND
AR
AG
AN
T
RO
UG
H
CHARGER PROSPECT
EMPIRE OIL & GAS NL
Warro Gas F ie ld
Charger
20 MMBO
Parmel ia Fm Prospect
Winchester
16 MMBO
Cattamara Prospect
Gar ibald i
40 BCF Gas
Permian Prospect
Launer
16 MMBO
Cattamara Prospect
P R O S P E C T
EP 454 and 430
Locat ion of Prospects
and PlaysFor
per
sona
l use
onl
y
EMPIRE OIL & GAS NL
Charger
Yarragadee Playgaribaldi
Dongara/Wagina P lay
Launer
Cattamarra P lay
For
per
sona
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EMPIRE OIL & GAS NL
WOODADA
GERALDTON
KWINANA
BUSSELTON
P E R T H
B A S I N
MT HORNER
DONGARA
BEHARRASPRINGS
DA
RL
IN
GF
AU
LT
DA
ND
AR
RA
GA
NT
RO
UG
H
J INGEMIA
UR
EL
LA
FA
UL
T
DONGARA
PERTH
5
0m
HOVEA
CL IFF HEAD
WALYERING
BUNBURY
KWINANA
PERTHPERTH
BEHARRA SPRINGS NORTH
WARRO
NORTH ERREGULLA 1
MORIARY 1
EP 426
NORTH ERREGULLA-1 OIL RECOVERY
EP 440
Onshore Perth Basin
EP 432
MULLERING CATABY OIL PROSPECTS
3D SEISMIC COMPLETED
DRILL COOLJARLOO-1/WOOLKA-1
EP 454
GARIBALDI PROSPECT
RECORDED 2D SEISMIC
DRILL CHARGER-1 AND GARIBALDI-1
EP 430
LAU NER PROSPECT
RECORD 2D SEISMIC
DRILL LAUNER-1
EP 389
DRILLED GINGIN WEST-1/RED GULLY-1
GAS AND CONDENSATE DISCOVERIES
DEVELOPMENT OF RED GULL GAS AND CONDENSATE PLANT
DRILL GINGIN-4 AS GINGIN-2 DEEP
DRILL GINGIN-5 AS GINGIN-3 S IDE TRACK
EXTEND GINGIN WEST 3D SEISMIC
3D SEISMIC GINGIN BROOK
PLAN TO DRILL GINGIN BROOK-1
RECORD 2D SEISMIC OVER YEAL OIL PROSPECT
PLAN TO DRILL YEAL-1
WELLESLEY GAS PROSPECT
2D SEISMIC COMPLETED
DRILL WELLESLEY-1
EP 416
LESCHENAULT PROSPECT
2D SEISMIC
DRILL ONE WELL
L08-7
L08-6
EP 368
RECORD 3D SEISMIC
DRILL NORTH ERREGULLA-2
NORTH ERREGULLA PROSPECT
• Develop Red Gully Gas and CondensatePlant for both Gingin West and Red Gully discoveries
• Drill Wannamal and Wannamal Deep potential recoverable reserves 66 BCF and2.3 MMBC.
• Plan to extend Gingin West 3D Seismic over Gingin Gas Field as the Wannamal 3D Heliseis.
• Plan to drill Gingin-4 [Gingin-2 Deep] and• Plan to drill Gingin-5 [Gingin-3 Sidetrack] to
access gas closure with up to 4.3 MMBC and 87 BCF potential recoverable gas between Gingin-1 and Gingin-2 discovery wells.
• total potential recoverable gas and condensate gingin area is 205 BCF and9.2 MMBC.
• Plan 3D Seismic over the Gingin Brook Anticline. Plan to drill Gingin Brook-1 potential recoverable reserves up to 100 BCF.
• Plan 2D Seismic over the Yeal Prospect.Plan to drill Yeal-1 potential recoverable reserves 25 MMBO.
• Plan 3D Seismic over Eclipse, Eclipse West. • Record 100 km2 3D Seismic with Origin
Energy and plan to drill North Erregulla-2 potential recoverable reserves 66 MMBOand 100 BCF gas.
• Recorded 2D Seismic over Garibaldi. Prospects Charger and Garibaldi.
• Plan to drill Charger-1 potential recoverable reserves 20 MMBO.
• Drill Black Arrow-1 EP 432• Plan to drill Garibaldi-1 in EP 454 potential
recoverable reserves 100 BCF and 20 MMBO.• Plan to drill Cooljarloo Oil Prospect potential
recoverable reserves 6 MMBO or Woolka potential recoverable reserves 30 MMBO in EP 432.
• Plan to drill Wellesley in EP 416 potential recoverable reserves 150 BCF.
• Plan 2D Seismic. Plan to drill Leschenault-1 inEP 416 potential recoverable reserves60 BCF.
• Plan 2D Seismic. Plan to drill Launer-1 inEP 432 if Prospect closes.
G A S A N D C O N D E N S AT E P L A N T
D R I L L 1 W E L L
D I S C O V E R Y
S E I S M I C S U R V E Y
P R O S P E C T
Perth Basin Planned Exploration and Production Summary 2011 - 2012
PROGRAMMES ALREADY FUNDED PROGRAMMES THE SUBJECT OF INTRODUCING
ADDITIONAL FARMIN PARTNERS AND/OR GAS AND
CONDENSATE SALES
• Record 3D Seismic over Gingin Gas Field/Wannamal
• After recorded Wannamal 3D Heliseis, Drill Wannamal and Wannamal Deep and Drill Gingin-4 and Deep and drill Gingin-5.
• Record 3D Seismic over Gingin Brook Prospect. Drill Gingin Brook-1.
• Record 2D Seismic over Yeal.Drill Yeal-1.
• Drill Black Arrow-1 EP 432Drill Charger-1 EP 454
• Record 3D Seismic over Eclipse andEclipse West.
• Complete recording of the North Erregulla 3D Seismic Programme
• Drill North Erregulla-2 Oil Prospect.
• Drill Woolka or Cooljarloo Oil Prospect. Defined by 3D Seismic already recorded in EP 432.
• Record 2D Seismic over Leschenault.Drill Leschenault-1.
• Drill Wellesley-1 in EP 416.
• Drill Garibaldi-1 in EP 454.
• Plan Seismic over Launer.Drill Launer-1 in EP 430.
• Develop Gas and Condensate Plant for Gingin West and Red Gully and 2.5 km pipeline to pipeline infrastructure. Financing for Plant construction from a Forward Gas Supply Agreement with Alcoa of Australia. Condensate trucked to BP Kwinana Refinery.
• There is a separate Gas Sales Agreement with Alcoa.
• Record 3D Seismic over North Erregulla.Plan drill North Erregulla-2 Oil Prospect.
• Recorded 2D Seismic over Garibaldi with Farmin with ERM Gas. Drillable prospects:Plan drilling Charger-1 and Garibaldi-1.
• Plan 3D Seismic over Wannamal and the Gingin Gas Field.
• Plan 3D Seismic over Gingin Brook.
• Plan 2D Seismic over Yeal.
• Plan 2D Seismic over Leschenault.
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Suite 7
154 Hampden Road
Nedlands 6009
Western Austra l ia
Telephone 61 8 6389 2687
Facs imi le 61 8 9386 6812
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asx code EGO
Red Gully-1
production test
March 2011
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