Mec Resources Ltd · ASX:MMR
Mec Resources — Advent Energy — AAPG Prospect and Property Expo (APPEX) 2009
26 slides from Mec Resources's conference presentation, Mar 3, 2009
Slide 1: MEC Resources ASX cover letter: Advent Energy PEP11 presentation at APPEX
3 March 2009 Companies Announcements Office Australian Securities Exchange Limited 10th Floor, 20 Bond Street SYDNEY NSW 2000 Dear Sir/Madam Advent Energy Ltd: PEP11 Presentation at APPEX- MEC Resources Limited (ASX: MMR) MEC Resources Ltd (ASX:MMR) advises that its investee entity Advent Energy Ltd
Slide 2: Disclaimer
David Breeze Advent Energy Limited Ph +61 8 9328 8711 [email protected] Director 14 View Street Fax +61 8 9328 8733 www.adventenergy.com.au North Perth WA 6006 Australia DISCLAIMER Advent Energy Ltd (Advent Energy) has prepared this Company Introduction Presentation. Whilst the information c
Slide 3: Worldwide Oil & Gas Fields
Worldwide Oil & Gas Fields (source: Total – www.planete-energies.com, and Link, W.K., 1952, Significance of Oil and Gas Seeps in World Oil Exploration, Bulletin of the AAPG, Vol. 36, No. 8 )
Slide 4: Worldwide Oil & Gas Fields
Worldwide Oil & Gas Fields (source: Total – www.planete-energies.com) (Indicative satellite coverage of NPA Group, acknowledgement to Alan Williams Mike Rego, Aminex)
Slide 5: Slope failure, gas seepage, major HC provinces
Slope failure, Gas seepage. Major HC Provinces 14 Tcf Source: European Commission Source: Whelan, Marine & Petr Geol 2005
Slide 6: Swath Survey 2006
Swath Survey 2006 Image courtesy Ron Boyd, University of Newcastle
Slide 7: Offshore Sydney Basin - A Proven Petroleum Basin
Offshore Sydney Basin--A Proven Petroleum Basin With Potential Huge Gas Reserve [Fred Kroh, Geoscience Australia]
Slide 8: Schematic Upper Cretaceous Paleogeography
…this is not surprising as these basins were located close to each each other in the Cretaceous and had a similar evolutionary history Schematic Upper Cretaceous Paleogeography SydneyBasin Sydney Basin LordHowe Lord HoweRise: Rise: •4.5 billion •4.5 billionboe boe •98.5%methane •98.5% methane Lor Ta
Slide 9: Offshore Sydney Basin: PEP11 Summary
Offshore Sydney Basin：PEP 11 Summary • NSW/PEP 11 covers 8100 sq km; Advent – 85% • 20 km from Australia’s largest energy market, world class infrastructure • Permit Prospective Recoverable Resources estimated at up to 16.3 Tcf • Gas flow and gas/oil shows in Sydney Basin Onshore wells / flows in ex
Slide 10: Bathymetry and onshore well data
Bathymetry data courtesy Kriton Glenn-Geoscience Australia, onshore well data courtesy NSW DPI
Slide 11: Offshore Sydney Basin: Horizon E Structure Frame
Offshore Sydney Basin: Horizon E Structure Frame Indicating Huge Offshore Anticline Baleen Prospect: Blue Lead: Prospective rec. res: e Prospective rec. res: in Ne P10: 5.78 TCF l P10: 253 BCF nc w P50: 1.79 TCF P50: 170 BCF Sy En N P90: 0.22 TCF ew P90: 102 BCF e gla or ca nd sh st Fish Prospect: f
Slide 12: Key Seismic Line and Structure Scheme
B C D E B: Base Cenozoic C: Base of Illawarra Coal measure D: Intra Permian E: Base of Permian(?) Line B4-03 Offshore Syncline Offshore uplift Newcastle Syncline New England Fold Belt Baleen Fish B C D1 D D1 D2 D2 E E •No well control •Revised velocity model for seismic Key Seismic Line and Structur
Slide 13: Key Seismic Line and Structure Scheme
C B D+D1 D+D1 D2 E B: Base Cenozoic C: Base of Illawarra Coal measure D+D1+D2: Intra Permian E: Base of Permian(?) Blue #1 Line B4-14 D •No well control •Revised velocity model for seismic Key Seismic Line and Structure Scheme
Slide 14: Possible AVO
Possible AVO B4-06 B4-15 Intercept vs Gradient -Xplot Colour Scheme - CDP 2200-2800 on stack B4-15 B4-07
Slide 15: Distribution of Possible Gas Chimney
Distribution of Possible Gas Chimney B4-15 B4-16 B4-17 B4-18 B4-19 B4-20 B4-15 B4-16 B4-17 B4-18 B4-19 B4-20
Slide 16: HRDZ comparison between Line B4-15 and Typical Example
HRDZ comparison between Line B4-15 and Typical Example HRDZ HRDZ HRDZs lie along faults above the Macedon Gas Field (1.2 Tcf) in the Carnarvon Basin Source Geoff O’Brien, Geoscience Australia
Slide 17: HRDZ comparison between Line B4-06 and Typical Example
HRDZ comparison between Line B4-06 and Typical Example HRDZ HRDZ in the Browse Basin (30 Tcf) Source Geoff O’Brien, Geoscience Australia
Slide 18: HRDZ comparison between Line 81-20 and Typical Example
HRDZ comparison between Line 81-20 and Typical Example HRDZ Jabiru–1A was the discovery well for the Jabiru Field, which has produced in excess of 100 MMBBL of oil. A number of HRDZs are present over the field Source Geoff O’Brien, Geoscience Australia
Slide 19: HRDZ comparison between Line B4-11 and Typical Example
HRDZ comparison between Line B4-11 and Typical Example HRDZ High intensity, large and linear HRDZs are present near the Tahbilk gas accumulation, located in the southern Vulcan Sub-basin of Bonaparte Basin (with ~140MMbbl and 30Tcf 1P and 2P reserves) Source Geoff O’Brien, Geoscience Australia
Slide 20: Cornea seep, over Cornea oil/gas field, Timor Sea
“A recent review of more than 850 wildcat wells – all drilled after geochemical surveys finds that 79% of wells drilled in positive anomalies resulted in commercial oil and gas discoveries” D. Schumacher Gas in water column and shallow sediments identified in Sub-Bottom Cornea seep, over Cornea Prof
Slide 21: Analysis of Gas from Offshore Sydney Basin
Analysis of Gas from Offshore Sydney Basin Hydrocarbon seep gas samples comprise a thermogenic source Hydrocarbon Seep Gas Analysis: •Methane 90.69% •Oxygen 1.58% •Carbon Dioxide 4.12% •Nitrogen 3.7%
Slide 22: Source Rocks, Reservoir Rocks and Seals
• Source Rocks：Late Permian Coal Measures, mainly Greta and Tomago groups； • Reservoir Rocks：Fluvial Sandstone in Permian and Triassic • Seals：Siltstone in Wandrawandian and Branxton group • Onshore: 8 wells - oil shows & 16 – oil + gas shows NSW Dept of Mineral Resources: “41% wells flowed gas on t
Slide 23: Courtesy O'Brien, Geoscience Australia
Courtesy O’Brien, Geoscience Australia Source: Sayers et al, Geoscience Australia
Slide 24: Example of transparent seismic cubes
Example of transparent seismic cubes: Chimneys and pock marks indicating focus areas of fluid flow above the top reservoir A method using Neural networks and directive attributes to detect and display fluid indicators in seismic cubes - Paul Meldahl Statoil ASA
Slide 25: Offshore Sydney Basin: PEP11 Summary
Offshore Sydney Basin：PEP 11 Summary • NSW/PEP 11 covers 8100 sq km, 20 km from Australia’s largest energy market, excellent infrastructure • Permit Prospective Recoverable Resources estimated at up to 16.3 Tcf • Excellent analogies with world class producing fields • Active thermogenic hydrocarbon
Slide 26: David Breeze, Director, Advent Energy Limited
David Breeze Advent Energy Limited Ph +61 8 9328 8711 [email protected] Director 14 View Street Fax +61 8 9328 8733 www.adventenergy.com.au North Perth WA 6006 Australia Data, advice, review and technical contributions gratefully Publications acknowledged •Jim Dirstein - -Total Depth - Princ
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