Anzon Australia's
asset base comprises a 50% interest in the Victorian Retention Leases
VIC/RL 6, 9 and 10 (including the Basker, Manta and Gummy fields)
in the Gippsland Basin, Bass Strait, off shore south eastern Australia.
Anzon Australia is the operator of these fields.
Key data in
relation to these assets are as follows.
Table 1 –
Retention Leases, distances to shore and water depth.
| Field |
Retention
Lease(s) |
Km
from Shore |
Water
Depth, (m) |
| Basker |
VIC/RL6 |
70 |
200 |
| Manta |
VIC/RL
6, 9, 10 |
70 |
110 |
| Gummy |
VIC/RL
6, 9, 10 |
75 |
150 |
Table 2 –
The total Reserves and Resources of the Basker Manta Gummy Project (of which Anzon has a 50% interest in) as at 31 December 2005.
| |
Reserves |
|
Contingent Resources
(Best Estimate)2 |
| Field |
Sales Gas
PJ |
Oil
Million bbl |
NGL2
Million bbl |
|
Sales Gas
PJ |
Oil
Million bbl |
NGL3
Million bbl |
| |
|
Proved
(P90)1 |
Proved plus Probable (P50)1 |
|
|
|
|
|
| Basker |
– |
8.6 |
26.0 |
– |
|
10 |
– |
0.1 |
| Manta |
– |
2.8 |
4.1 |
– |
|
68 |
– |
2.7 |
| Gummy |
– |
– |
– |
– |
|
16 |
– |
0.7 |
| Total |
– |
11.4 |
30.1 |
– |
|
94 |
– |
3.5 |
Notes:
1. Based on the report prepared by Gaffney Cline and Associates (GCA) in October 2005. It should be noted that reserves
figures are expressed probabilistically and are inherently uncertain. P50 is defined as the Proved plus Probable reserves
and P90 as the Proved Reserves. All statements in respect of Reserves and Resources are consistent with the Society of
Petroleum Engineers (SPE) Resource Classifications and Definitions.
2. The Best Estimates are at the P50 level of confidence
3. NGL includes condensate and LPG
|
