DOBA OVERVIEW
- 4 Discoveries made in the Doba Basin
- Multiple Production Ready Wells Drilled
- Seismic-Interpretation Analysis completed in 2016
- Revised Reserves Report Completed in 2016
- Drill Ready Exploration Prospects Identified
- Existing Company & Regional Pipeline Infrastructure
BLOCK H - World Class Resource
- Multiple independent resource reports all yield company maker resources in excess of 1 Billion BoE
- Success of adjacent Agadem discoveries in Niger proves basin potential and resource base
- Further work on the basin coupled with 3D Seismic and exploration drilling can materially add to resource and reserve numbers
- Basin yields World Class Resource Volumes for onshore assets
BLOCK-H - Exploration Potential
- Seismic re-interpretation completed in 2016
- Over 380 Exploration Leads identified
- Existing discoveries combined with current rift basin knowledge and understanding result in un-parralled development potential
- Leads and prospects yield material exploration opportunities
Established Oil & Gas Industry
- Diverse international base of Operating Oil Producers
- Strong local service industry servicing the oil industry
- Existing crude oil export pipeline and capacity provides external market access
Successful Production History
- An oil exporting nation since July 2003
- 500+ MMBOE produced to date from Chad
- Currently 3 E&P’s producing from ~10-12 active oilfields
Chad
- Modern & Transparent Oil & Gas Industry Ministry
- Economically Favorable Production Sharing Contracts
