Elephant Oil
Proposed
Well #1
A
BENIN BLOCK B: NEW PLAY SYSTEM INTERPRETATION
Large discoveries and producing fields offshore. Offshore seismic line ties
to onshore seismic, giving a discernible and exciting target to drill.
Gas Clouds possibly
evidence for
hydrocarbonescape
from prospect,
per management
North Allada Prospect
ELEPHANT OIL
Proposed
Well #2
Deltaic Leads
Onshore Benin Block B
A
B
Seme Field (Benin)
100 mmbls oil recoverable
Source
Rock
Aje Field (Nigeria) -400 MMstb
of oil and condensate and
1+ TCF of gas
Lome Field (Togo)
80 mmbls oil in place
Ogo Field (Nigeria) -
approximately 770 MMboe
P50 resource estimate
Offshore Togo, Benin & Nigeria
Source
Rock
Reserve and resource estimates provided are for wells and fields in the region near Elephant Oil's assets. These are provided for informational purposes and are not indicative
of potential results on assets owned by Elephant Oil. Estimates are provided per sources below which may or may not conform to recognized industry standard reporting.
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