Jupiter Energy Limited · ASX:JPR
Jupiter Energy — Corporate Update (July 2009)
26 slides from Jupiter Energy's corporate update, Jul 28, 2009
Slide 1: Update on Activities for the Period to 30 June 2009
28 July 2009 UPDATE ON ACTIVITIES FOR THE PERIOD TO 30 JUNE 2009 HIGHLIGHTS 3D mapping and further oilfield data supports an extension of the Akkar N oilfield into Block 31 with the resource being upgraded by 100% to 6 mmbbls recoverable. Forward development plan will now include at least 3 produc
Slide 2: NWZ 2 and Akkar N 3D Seismic update
oil (mmbbls). This latest upgrade in potential from 25 to 28 mmbbls is based on better than expected reserves in the Akkar N extension target. Targets identified/confirmed by the 3D program will now form the basis of the drilling program planned for 2009 and 2010. NWZ 2 and Akkar N - 3D Seismic: 3D
Slide 3: Funding and Capital Structure
Block 31 during 2010. The attached presentation provides more detail on the Akkar N extension opportunity. Funding for the new well: The Company has been in active discussions with a number of organisations that had indicated interest in being involved in the ongoing development of Block 31. JPR has
Slide 4: July 2009 Quarterly Update Presentation
July 2009 Quarterly Update Presentation July 2009 | www.jupiterenergy.com.au
Slide 5: This presentation contains forward looking statements that are subject to risk factors associated with
This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the exceptions reflected in these statements are reasonable, but they may be effected by a variety of variables which could cause actual results or tre
Slide 6: Jupiter Energy Limited Kazakhstan
JUPITER ENERGY LIMITED Kazakhstan
Slide 7: Corporate Overview
C Corporate t OOverview i • Jupiter Energy Limited is a listed company trading on the Australian Stock E h Exchange (ASX) under d the th ticker ti k “JPR”. “JPR” • JPR began reviewing oil & gas opportunities in Kazakhstan in early 2007. • JPR has since then reviewed a range of acquisitions from expl
Slide 8: Main oil fields and pipelines map
Se eee ee ee ee eee ee ee ee ee ee eee ee | oe ee eee JUP TER ENERGY LIMITED See deown es ae cen eceses Oe edoscoes es tecces ces eeesdaccessssfevacue Main oil fields Oil Pipelines Gas Pipelines Railroad penennennanenennncedivenennanenenessnnnnanrt nin” Ja 0 es | 4km A | |
Slide 9: Geology Factors in the Area
G l Geology F t Factors in i the th Area A Source/Charge - multi billion barrels trapped in basin, surrounding structures and only modern well in the permit have movable oil Seal - Main targets (Triassic A&B, Jurassic XIII) have on trend seals Reservoir R i - Producing P d i T Triassic i i A&B
Slide 10: Block 31 Overview
Block 31 Overview Initial permit acquired by JPR in June 2008. Size was approximately 100 square kms and located in the Zhetybai-Uzen step of the Mangistau Basin, close to infrastructure and the port city of Aktau. Permit has a 10 year exploration licence (6 years with 2 * 2 year extensions).
Slide 11: Current Plan – Re-entry of the NWZ well
C Current t Pl Plan – Re R entry t off the th NWZ 2 wellll Block 31 has a 1969 well (NWZ #2) that showed an oil discovery. The NWZ 2 well had shows throughout the Jurassic/Triassic and flowed oil from a 30m sand just about the Jurassic/Triassic UC (which is labelled Ju XIII). NWZ 2 was cased and
Slide 12: 2 Prospective Areas both with proven oil
2 Prospective Areas both with proven oil
Slide 13: Independent Mapping on Jupiter 2009 3D Seismic confirms potential
Independent Mapping on Jupiter 2009 3D Seismic confirms potential Akkar North Ext. Formation : Triassic A & B Area (hectares) : 156 Porosity : 9.5% Net Pay (m) : 30 Sw % : 42% Recovery % “ 30% Geometric Correction : 90% Oil-in-place : 19.98 mmbbls Recoverable Oil Potential : 5.995 mmbbls
Slide 14: Akkar N - Official Field Mapping
Akkar N - Official Field Mapping T3 T2A Pool AK 6 Bl k 31 Block T2B Pool AK 2 T2B Pool AK 1, 1 33, 11 11, 13 Booked Reserves of 23 mmbbls 6 producers with an aggregate off ~1600 1600 bopd The bulk of reserves and production are in the eastern pool (3 producers)
Slide 15: Akkar N - Official Cross Sections
Akkar N - Official Cross Sections T2B Pool South to North T2B Pool AK 1, 3, 11, 13 T2B zone flowed at 500 500-600 600 bopd on test T2B Pool T3 T2A Pool AK 2 AK 6
Slide 16: Akkar N – Net Pay on Main Sand
Akkar N – Net Pay on Main Sand Block 31 Drill Site Block 31 Official Numbers inside Block 31 19.98 mmbbls OIP 5.995 mmbbls p potential resource
Slide 17: Recompletion Target
JUPITER ENERGY LIMITED Miotenre.., Updip NWZhetybay2 % Primary Targets *% Ikm Pe 5 + Recompletion Dany (EA Target &§ Recoverable Formation Oil-in-place Oil Potential Summary
Slide 18: Recomplete 30m oil zone in August 2009
Recomplete 30m oil zone in August 2009 Recompletion zone Expected flow is 300 bopd
Slide 19: Next drilling program – Akkar N extension well
Next drilling program – Akkar N extension well Block 31 has 2 parts with the 3D seismic recently shot providing 95 square kms of full fold coverage over the western part (Part 1). No 3D was shot over the eastern part (Part 2). Thi 3D survey fforms the This th maini ddata t used d ffor prospectt id
Slide 20: Local Operations
L Local lOOperations ti JPR has a local office in Almaty which administers the local operation and interfaces into government authorities for approvals and general reporting reporting. In terms of on site operations, JPR will work with a turn key operator with regards to the drilling and maintai
Slide 21: Transport and infrastructure
Transport Infrastructure is within 10kms of the Block 31 permit Pipeline Pi li - Eastern Europe - Baltic - Black Sea - Proposed Eastern Link to China Caspian Trade - tanker - Baku - Iran (oil swap) Rail - Aktau - Caspian trade Road - Aktau - Caspian trade
Slide 22: Summary of the Opportunity
Summary of the Opportunity 3D seismic on Block 31 is complete and specific targets have been identified. Re entry of old discovery well is planned to commence August 2009. New well is planned to be drilled on the Akkar N extension target in late 2009 Data available on Akkar N wells, when com
Slide 23: Recoverable Oil Potential by Formation
JUPITER ENERGY LIMITED Recoverable Formation Oil Potential PE SC oo Ext.
Slide 24: Further Questions?
F th Questions? Further Q ti ? Geoff Gander Chairman Jupiter Energy Limited M: +61 417 914 137 E: [email protected]
Slide 25: Disclaimer
Di l i Disclaimer This presentation was prepared exclusively for the benefit and use of potential investors in order to provide an update on the future business directions of Jupiter Energy Limited (“JPR”) and neither the presentation nor its delivery to any prospective investor shall constitute an
Slide 26: Competent Person Statement
C Competent t t Person P Statement St t t The information in this document that relates to oil exploration results and reserves is based on information compiled by Mr. Keith Martens who is a Director of Martens Petroleum Consulting Pty LtdLtd. Mr Mr. Keith Martens has sufficient experience which is