Investor Presentaiton
Sakhalin
Gross Reserves Summary (mmbbl)
1P
2P
3P
2P PV10
24.9
27.5
Unrisked
Potential
Resources (¹)
(mmbl)
47.4
$221 MM
852
Source D&M as at 31 December 2005
Operations
•
Average production
-Current: 3,263 BOPD
-2007 est. year end: 5,400 BOPD
Remaining 2006 Activity
.
•
Onshore:
-3 development wells
-3 re-entry wells
-Frac 8 wells
-3D seismic reprocess & reinterpretation
-20,000 cm new crude storage tanks
Offshore:
-3D seismic reprocess & reinterpretation
-Considering jack-up to drill 3 vertical wells
2007 Activity
-3 development wells
-Frac 1 well
-3 oil new products storage tanks
Notes
1. Calculated DeGolyer & MacNaughton as of 31 March 2005 Gross unrisked potential resources have not been adjusted for risk
Page 19
SHEIM
URALS ENERGY
P
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