CamCan Technical Presentation

2.  Concession (100% CamCan owned)
 Awarded Oct 7, 2013 – 7 year exploration term
 11,974 sq km (~3 million acres)
 Very favourable Terms & Conditions
 Multiple Prospects ~ 200 mm bbl. oil & 1.4 tcf gas (Hunt Oil)
 Proven active petroleum system in Laos basin
• Surface oil seeps & bitumen evidence to east & north-east
• Bang Nouan 1 Discovery well
 History
• 1989-1998 Enterprise Oil (2,300 km 2D seismic)
• 1990-1997 Laos Hunt Oil Company (1 well)
• 2007-2010 Salamander Energy (350 km 2D + Discovery well)
• ~1990 presence of many International Oil companies in
neighboring Thailand
 Historical Data
• ~ 2,600 km 2D seismic acquired
• 2 Wells ~2,540m (8,334ft) & 3,390m (11,125ft )
2
 Infrastructure – Good roads over block & into Vietnam, Thailand & Cambodia (Vietnam ports~250km to east)
 Thailand – Nearby production
 ~90 million cuft/day SinPhuHorm gas field – 1983 Esso discovery. Hess operated. Located ~ 200 km west
 ~50 million cuft/day SinPhuHorm East - Well tested Sept 2013 by Salamander & partners)
CamCan
Concession
SinPhuHorm
Gas Fields

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6. Past Concession Holders
 Enterprise Oil ~1989-1998
 Salamander Energy ~2007-11
Enterprise Oil, 2D Seismic
 Acquired ~2,300 km (1992)
 Vibroseis
 Example of 4 lines
• E91LA11-02
• E91LA11-02N
• E91LA11-09
• E92LA11-33
Salamander Energy, 2D Seismic
 Acquired ~350 km (2008)
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7. Enterprise 2D Seismic
~2,300km circa 1992-1993
Salamander 2D Seismic
~350km circa 2008

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 Basin straddles
Mekong Laos-Thailand
border
 Basin located at
western edge of
concession
 Formation dip rises to
north-east in same
direction as tectonic
forces, surface
outcropping and hills/
mountains forming
Laos-Vietnam border
 Oil seeps & bitumen
stained rocks
outcropping up-dip
and to east of
concession

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11.  Enterprise Oil Line E92LA11-09
 Enterprise Oil Line E92LA11-33

12.  Enterprise Oil Line E92LA11-02
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 Enterprise Oil Line E92LA11-02N
Structure Tested by Bang Nouan Well

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Bang Nouan Structure also present on Line E92LA11-02

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 Bang Nouan Well Objectives
 Evaluate Primary target
- Pha Nok Khao Carbonate
 Evaluate Secondary target
- Khorat & Kuchinerai group
sandstones
 Secondary target to be drilled first
hence logged and cased for further
evaluation
 Primary target expected to be
fractured and hence potential for
mud losses and over-pressure due
to higher permeability

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Blue shading shows increased mud
gas from drilled sand, mudstone,
siltstone, shale inter-beds (1,000 to
2,900 m)

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29. Example of stratigraphic type prospect evident on the concession

30. Producing example of stratigraphic type prospect