Cuba Block 9 – Exploration Resource Potential slide image

Cuba Block 9 – Exploration Resource Potential

• Central Area: High Potential A2 and C1 Leads Multiple structures with hundred million barrel exploration potential A2 is a large structure supported by two nearby shallow wells that recovered oil from the upper sheet above the deeper A2 lower sheet target C1 lead is also a large structure Depth m B 0 Itabo-1 Bolanos-1 Guadal-1 Tertiary UPPER SHEET 1000- Mid-level Detachment 2000 C1 lead is only 13km from the 3000 historical Motembo oil fled which has produced very light oil. Assessing A2 and C1 leads for early drilling in Q1 2018 5000 Prospective Resource (100%, MMstb) C1 4000 LOWER SHEET Bolanos-1 (1991) recorded a recovery of 22° API oil from Upper Sheet COS* Low Best High A2 Lead 21% 9 69 213 Mean 93 C1 Lead 25% 5 71 297 118 *Chance of Success 17 A2 Lead Guadal-1 (1971) recorded recoveries of oil and gas from Upper Sheet 1km B' Prospective Resources Cautionary Statement: The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Future exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
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