Investor Presentaiton
Development
Zama, Mexico: a world-class asset
A world-class development asset
■ 810 mmboe (P50, gross), shallow water
■
Light 28° API, large, high quality reservoir
Planned plateau 150 kbopd (gross)
■ Unit capex <$5/bbl
■ Low GHG intensity: <8 kgCO₂e/bbl (plateau)
■ Robust PSC driven economics at lower oil prices
Pre-development work well advanced
■ Facilities FEED nearing completion
■ Draft FDP to be finalised early 2021
■ FDP submitted once unitisation resolved
Unitisation
Ministry of Energy (SENER) instruction to submit a Unitisation
Agreement by Jan. 2021
■ Zama Development Area determined; Pemex re-engaged
Sales process
Interrupted by COVID-19 and unitisation
November 2020
Long field life to
2040+
Capex payback
c.3 years
PremierOil
P16View entire presentation