Hydrocarbon Potential and Unconventional Potential Explorations slide image

Hydrocarbon Potential and Unconventional Potential Explorations

UNCONVENTIONAL | VMM-37 Shale Formation Comparisions Parameter Well Depth (ft) VMM Tablazo VMM La Luna Neuquén Basin 10,000-14,000 9,000-12,000 10000 Eagle Ford 10,000-13,000 Gross Pay (ft) Net Pay (ft) 300-900 150-450 Horz. Well Cost ($M) 13+7 1,000-2,500 950-1,900 13+7 100-600 100-300 50-300 Vertical 100-300 6-9 Temp. Reservoir (F) 184 175 Ro Maturity 1.1 0.7-1.0 1.0-1.2 TOC (%) 5.5-7 5-10 4-8 335 1.1-1.6 2-6 Eff. Porosity (%) 8 15 7-12 Perm. (nD) 300 770 50-200 6-14 1100 STOOIP BBL/acre ft 40-80 75-150 75-150 Pressure (psi/ft) 0.65 0.55-0.80 Quartz Content (%) 5 5-15 0.65-1.0 0-50 0.55-0.73 5-26 Clay Content (%) 30 17 Brittleness Moderate Moderate 15-40 Moderate 15-30 Moderate ΑΡΙ 43 API+ 26 API 40-45 API 40-60 API Table Source: Industry published/Wood Mackenzie database Exploring A Better Way T TM SINTANA ENERGY UNCONVENTIONAL POTENTIAL ◆ Shale age and facies analogous to the prolific Eagle Ford Shale (Texas). 3 to 4 times thicker shale pay sections than the Eagle Ford. Gross shale volume estimate of 88 million acre feet. ◆ The Magdalena Basin's unconventional resource is estimated to be up to 40 Billion Barrels (Source: ANH, 2012). 23 SEI TSXV
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