|
PERTH BASIN
|
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|
Permit No. |
Drilling Prospects |
Permit Holders |
Equity
Held |
Programme Status |
Potential Recoverable Reserves |
|
EP 389 |
Gingin West
Gingin Gasfield
Eclipse West
Yeal
Gingin Brook |
Empire Oil Company (WA) Limited
Wharf Resources Plc
ERM Gas Pty Ltd
|
62.5%
25%
12.5%
|
45 km2 Gingin West 3D Seismic
Survey acquired April-May 2008.
Interpretation and Depth Conversion of seismic mapping completed 1st
Qtr 2009.
Drilling planned 2009 – Gingin West-1
Optional 2nd well – Gingin West-2
|
Gas – 90 BCF
Gas – 120 BCF
Gas – 226 BCF
Oil – 25 MMBO
Gas – 633 BCF (Gas in Place) |
|
EP 426/EP 368 |
North Erregulla Oil Prospect |
Empire Oil Company (WA) Limited
Allied Oil & Gas Plc
ERM Gas Pty Ltd |
44.44%
27.78%
27.78% |
Proposed swap of permit equities with adjoining EP 368 to progress drilling
North Erregulla-2.
Fly Gravity Survey reprocess seismic.
Drill North Erregulla-2 2010. |
Oil – 20 MMBO |
|
EP 432 |
Mullering/Cataby Anticlinorium |
Empire Oil Company (WA) Limited
Allied Oil & Gas Plc
ERM Gas Pty Ltd |
62.5%
25%
12.5% |
53 km2 Mullering 3D Seismic
Survey acquired April 2008.
Interpretation completed 2nd Qtr May 2009.
Drill1 Well 2010 |
Oil – 5-10 MMBO |
|
EP 416 |
Wellesley |
Empire Oil Company (WA) Limited
Allied Oil & Gas Plc
ERM Gas Pty Ltd |
75%
20%
5% |
50km 2D Seismic Survey acquired March-April, 2008. Seismic mapping and depth conversion
confirms Wellesley Structure in 2D.
Well planning in progress.
Leschenault Prospect mapped and requires 2D seismic. Drill Wellesley 2010. |
Gas – 150 BCF |
|
EP 430 |
|
Empire Oil Company (WA) Limited
|
87.5%
12.5%
|
Seismic reprocessing and interpretation continues. |
|
|
EP 440 |
Yeal/Cataby Oil Trend |
Empire Oil & Gas N.L.
ERM Gas Pty Ltd |
87.5%
12.5% |
Seismic reprocessing completed.
Interpretation in progress. |
|
|
EP 454 |
Northern Dandaragan Trough |
Empire Oil Company (WA) Limited
ERM Gas Pty Ltd |
87.5%
12.5% |
Seismic reprocessing completed.
Interpretation in progress. |
|
|
Application L/08-6 |
Leads defined |
Empire Oil Company (WA) Limited
ERM Gas Pty Ltd |
40%
60% |
Offered by the State. Native title
process prior to grant. Settled |
|
|
Application L/08-7 |
Leschenault North |
Empire Oil Company (WA) Limited
ERM Gas Pty Ltd |
40%
60% |
Offered by the State. Native title
process prior to grant. |
|
|
CARNARVON BASIN
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|
Permit No. |
Drilling Prospects |
Permit Holders |
Equity
Held |
Programme Status |
Potential Reserves |
|
EP 435 |
Rainbow Prospect
|
Rough Range Oil Pty Ltd
Phoenix Resources Plc
Australian Oil Company Limited
Bounty Oil & Gas N.L.
Black Fire Energy Limited |
38%
25%
17%
10%
10% |
Application to drill Rainbow-1 made to be drilled if Bee-Eater-1 successful.
|
Oil – 5 MMBO |
|
EP 412 |
Thornbill Prospect
Sandalwood Prospect |
Rough Range Oil Pty Ltd
Bounty Oil & Gas N.L.
Jurassica Oil & Gas Plc |
35%
59%
6% |
Empire has right to go to 80% by drilling one well.
Paying $120,000 to earn 6% |
Gas – 50 BCF |
|
EP 359 |
Bee-Eater Prospect
|
Rough Range Oil Pty Ltd
Lansvale Oil & Gas Pty Ltd (Rough Range Oil Pty Ltd subsidiary)
Pace Petroleum Pty Ltd |
33.36%
63.30%
3.34% |
Bee-Eater-1 planned 2009 – February 2010.
Acquired additional 63.30%. |
Oil – 5 MMBO |
|
EP 444 |
Amethyst
Opal
Topaz South |
Rough Range Oil Pty Ltd
|
100% |
Geochem survey to be recorded.
Drilling 2010. |
Oil - 17 MMBO
Oil - 12 MMBO |
|
EP 439 and
EP 461
|
|
Rough Range Oil Pty Ltd
Longreach Oil Limited
Indigo Oil Pty Ltd
Falcore Pty Ltd
Vigilant Oil Pty Ltd
Jurassica Oil & Gas Plc |
36.80%
11.33%
5.67%
3.15%
0.63%
42.42% |
Lake MacLeod-1 drilled October-November 2008.
Geochem survey recorded in July 2009 in northern portion EP 439.
Negotiation farmout to drill 1 well. |
|
|
EP 460
|
|
Rough Range Oil Pty Ltd
Longreach Oil Limited
Indigo Oil Pty Ltd
Falcore Pty Ltd
Vigilant Oil Pty Ltd
Jurassica Oil & Gas Plc |
28.570%
11.690%
5.845%
3.245%
0.65%
50.00% |
Star Finch-1 drilled June-July, 2008
Geochem survey planned over leads.
|
|
|
EP 406 |
Leads |
Rough Range Oil Pty Ltd
Pancontinental Petroleum N.L. |
95%
5% |
Renewal of the Permit in progress. |
Oil 2-5 MMBO targets |
|
EP 325 |
Rivoli-2 |
Rough Range Oil Pty Ltd
Strike Oil Ltd
Bow Energy Ltd
Advent Energy Ltd |
36.1%
44.5%
11.1%
8.3% |
Development of the Rivoli Gasfield being progressed with the Department of
Defence. |
Gas – 19 BCF |
|
EP 433 |
Rivoli South West
Champion West |
Lansvale Oil & Gas Pty Ltd (Rough Range Oil Pty Ltd)
Pace Petroleum |
88.80%
11.2% |
Prospects require 3D Seismic to define together with other satellite prospects
in EP 325 and EP 433. |
Gas – 20 BCF
Gas – 21 BCF
Or 11 MMBO Oil |
|
CARNARVON BASIN continued
|
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|
Drilling Prospects |
Permit Holders |
Equity
Held |
Programme Status |
Potential Reserves |
|
|
EP 434 |
Kite Prospect |
Rough Range Oil Pty Ltd
Lansvale Oil & Gas Pty Ltd (Rough Range Oil Pty Ltd)
Pace Petroleum Pty Ltd |
33.36%
63.30%
3.34% |
No activity |
|
|
EP 10/06-7 |
|
Rough Range Oil Pty Ltd |
100% |
Native Title agreements settled.
Permit in the grant process.
Plan Drilling shallow horizontal well in 2010 in Mardie Oil Field Area. |
|
|
CANNING BASIN
|
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|
Permit No. |
Drilling Prospects |
Permit Holders |
Equity
Held |
Programme Status |
Potential Reserves |
|
EP 104/R1 |
Stokes Bay-1 |
Gulliver Productions Pty Ltd
Indigo Oil Pty Ltd
First Australian Resources Limited
Buru Energy Limited.
Pancontinental Oil & Gas N.L.
Emerald Gas Limited
Phoenix Resources Plc |
14.8%
5.5%
8.0%
38.95%
10.0%
12.75%
10.0% |
Stokes Bay-1 drilled 4th Qtr 2007 and encountered two sands with good
shows in lower Anderson. The well
was deepened to 2777m and lost circulation in the Nullara limestones. The well was completed in the Nullara
limestones and was tested during November 2008.
The well did not flow significant hydrocarbons to surface and the results
of the test considered failed and inconclusive.
Empire keen to progress test programme of the Nullara and the Anderson
Formation. |
Gas
Lower Anderson: 20 BCF
Nullara: 200 BCF
Oil
Lower Anderson: 2.5 MMBO
Nullara: 10 MMBO |
|
L98-1 |
West Kora Workover |
Gulliver Productions Pty Ltd
Indigo Oil Pty Ltd
First Australian Resources Limited
Buru Energy Limited
Pancontinental Oil & Gas N.L.
|
49%
8%
12%
19%
12%
|
Completed oil well. Workover to be
put on pump. Upon Stokes Bay-1
testing being a success of recovering economic hydrocarbons. |
Oil – 50-100 MBO |
|
EP 438 |
Hedonia Prospect
Goldwyer Prospect |
Gulliver Productions Pty Ltd
Indigo Oil Pty Limited
|
80%
20% |
Aeromagnetic survey completed.
Seismic reprocessing in progress.
ARC Energy (now Buru Energy) has exercised its option to earn 75%. Negotiating with Joint Venture to
drill 1 well in 2010. |
Oil – 5 MMBO |
|
EP 448
|
No prospects yet defined |
Gulliver Productions Pty Ltd
Indigo Oil Pty Limited
Uranium Oil & Gas Limited |
70%
20%
10% |
Aeromagnetic survey completed.
Seismic reprocessing in progress.
ARC Energy (now Buru Energy) has exercised its option to earn 75%. Ongoing
programme yet to be settled. |
|
Legend:
BCF Billion Cubic Feet
MMBO Million
Barrels of Oil
MBO
Thousand Barrels of Oil
TCF Trillion Cubic Feet