Hydrocarbon Potential and Unconventional Potential Explorations slide image

Hydrocarbon Potential and Unconventional Potential Explorations

PEL 90 | WORK PROGRAM V SINTANA ENERGY ◆ Chevron Namibia, the operator (80% interest) intends to drill in the second half of 2023. ◆ 5,400 km2 of new 3D seismic acquisition is currently underway. Seismic coverage includes 1,100 km of 2D seismic (2012) and 1,300 km of 2D seismic (2018) licensed from Spectrum. The Aptian oil-prone source rocks are proven to be thick and widespread across block and almost certain to be mature for oil generation. One of the primary leads, Ceno-Albo Kapana is age equivalent and has similar stratigraphic setting to the Venus-1X Well. Chevron 3D Survey (Q2-23) 2D Seismic SCOB (2012) Vintage 2D 3D Seismic HRT Survey (2012) Galp Survey (2019) Shell Survey (2015) Ceno-Albo Kapana- PEL 87 Sintana Energy Prospect Areas * Oil Well Gas Well 0 Miles 25 50 Moosehead-1 PEL 90 PEL 83 Kudu Gas Field Cullinan о Venus Venus West Superfan Sources: Proposed 3D Seismic Survey in PEL 90, Final EIA Report & EMP - October 2022; Tullow TAC Meeting - March 10, 2021 Exploring A Better Way T TM W E Jonker-1 Venus-1X La Rona-1X Graff-1X SEI TSXV 13
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