ITALY

OMBRINA MARE
Ombrina Mare Concession (100%), offshore
- Ombrina Mare 1 oil & gas discovery successfully appraised by OM2 in June 2008
- Flow of approximately 1,000 bpd from horizontal drain
- Certified P1 & P2 Oil Reserves 20MMbbls
- Certified P1 & P2 Gas Reserves 6.5Bcf
- Contingent Oil Resources 11 to 18MMbbls (Best to High case)
- Satellite oil and gas prospects levels to be evaluated – development potential in conjunction with the main field
| Ombrina Mare Appraisal project | |
|---|---|
| Country, Area: | Italy, Adriatic Sea (Abruzzo) |
| Ownership: | Medoilgas Italia (100% W.I.) |
| Well Count: | OBM-1 discovery well; OBM-2 + 2 dir appraisal wells |
| Seismic Notes: | 2D & 3D Seismic data |
| HC: | Biogenic Gas and Oil (17-18° API) |
| Play Type: | Apula Carbonate platform (oil), Pliocene Clastics (gas) |
| Reservoir level/facies/age: | Main Tartget: Oligocene-Miocene carbonates (bioplastic packstone/grainstone); Secondary Target: Pliocene sands gas complex |
| Oil Target Depth: | 2100m tvdss |
Reserves | Resources | |||
| P1 + P2 | P3 | Contingent Resources | Prospective Resources |
Ombrina Field - Oil | 20MMbbls |
| 11 to 18 MMbbls |
|
Ombrina Field - Gas | 6.5Bcf | 2.9Bcf | 2.8 to 3.43 Bcf |
|
BR269 Other Prospects Oil |
|
|
| 10 to 20 MMbbls |
BR269 Other Prospects Gas |
|
|
| 4 to 8 Bcf |