Investor Presentaiton
4. Reserves & Exploration Potential
For personal use only
triangle energy
Pase has estimated reserves of 75 BCF of gas (1) and holds significant potential
exploration upside as it is located in a highly prolific area
oil gas energy
The southern part of the Pase block is located 12 km south of the Arun Gas Field. The
Arun Gas field was one of the world's largest onshore gas discoveries with original
reserves of about 20 TCF of condensate-rich gas and at its peak supplied 6.5MT of
LNG to Japan and Korea
The area is largely under explored as a consequence to civil war
There has been no seismic shot over the area since 1991 due to ExxonMobil's high
cut-off point for discoverable reserves; hence the relatively smaller and shallower
discoveries, potential new prospects and leads which are important opportunities for
the Company
Triangle has identified drillable structures within the block that will be attractive to
delineate and possibly boost reserves.
The Company has assembled a very experienced technical team to explore this
potential upside
(1)
SKK Migas estimate
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