Empire Energy Investment Opportunity
Beetaloo Sub Basin - Empire Initial Target
Empire's 1-3 TCF target on trend with major Origin discovery and Santos work program
2
IOG 2014 shallow core holes!
Key Highlights
EP183
•
Empire -2,543km² (630,000 acres) in eastern Beetaloo sub-basin
•
Amungee NW-1H - TD 2,500m considered Beetaloo sub-basin
Prince of Wales-1
Friendship-16
Shea-1
Borrowdale-1,-2
Golden Grove-1
Lawrence-1
Lady Penrhyn-1,-2 Scarborough-T
-Alexander-1
Sevar-1
Supply-1
Beetaloo Sub-basin
Walton-1,-2
EP184
EP
188
Tawalla
Broadmere-1,-1ST
McManus-1.
Chanin-1-
Shenandoah-1,-1A-
Balmain-1.
Altree-1,-2
Ronald 1
82/1
Burda
Tanumbirini 1
Mason
Shortland-1-
Jamison-1
100 km
Erott-1
Carpentaria Basin
EP187
MD4
Existing sealed all weather
EMPIRE VELKERRI SHALE TARGET
road and gas pipeline
1: American Energy Partners pre-drill estimate
•
EMPIRE
energy
Tanumbirini-1 well encountered Velkerri shale from 2,400m to >3,800m
Santos to undertake major fracked horizontal development program in adjacent
block
Empire EP187 Work Program
•
•
•
Velkerri Shale in EP187 will be Empire's initial exploration, appraisal and
development target
231 line km 2D seismic will delineate the shape of the basin and identify drilling
targets
Initial drilling program to comprise stratigraphic wells and a core well to confirm
hydrocarbon content and rock characteristics
Thereafter, fracked horizontal production wells will be drilled and put into
production
EP 187 is located on an existing sealed road and gas pipeline which reduces drilling
costs and allows for near term commercialisation
Expected volume per typical 10,000 ft Hz
Velkerri producing >10 Bcf/well1
1
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