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PROSPECTS AND INVESTMENT

OPPORTUNITIES
IN MALAYSIA

TALK PROFILE

• Malaysia and PETRONAS


• New play discoveries and opportunities
• Data review and petroleum
arrangements

NAPE, Houston, USA


11-12th February 2010
MALAYSIA IN PERSPECTIVE

MYANMAR CHINA
LAOS

THAILAND

CAMBODIA PHILIPPINES NAPE 2010


VIETNAM

MALAYSIA
MALAYSIA

Singapore

INDONESIA

• Located in the heart of South East Asia.


• It is multicultural population of about 24 million. The country is
politically stable with well developed infrastructures.
• Comprises Peninsular Malaysia and two states of Sabah & Sarawak in
Borneo with total land area of 330,000 sq. km.
PETRONAS is an integrated oil and gas company,
operating in more than 30 countries world wide

Logistics & Maritime Business Oil and gas exploration and production

Refining Petrochemical Business

Marketing Gas Business


Domestic E&P: Sustained investment and activities with a
total of USD 24 bil. spent in E&P sector in FY 2009/10
Malaysia Exploration Acreage

1. Exxon Mobil
Sabah
2. Shell
Peninsular
3. PETRONAS Carigali
Malaysia
4. Murphy Oil
Sarawak 5. ConocoPhillips
6. TOTAL
7. Nippon Oil
8. Amerada Hess
9. Talisman
10. Newfield
11. BHP Billiton
• Number of PSC’s in operations : 67 12. PCPP
• PSC Blocks under exploration : 41 13. Petrofac
• Open Blocks : 49 ( Including 7 deepwater 14. PIDC
blocks) 15. Kufpec
• Producing fields : 64 oil fields and 33 gas fields 16. Lundin

• Production (2008) updates as in Feb 2009:


Oil – 546.1 kb/d
Gas – 7.4 bscf/d
Condensate – 125k b/d
MALAYSIAN BASINS

Sabah Basin
Malay Basin Sandakan
Basin
Strait
of Sarawak Basin
Penyu Basin
Melaka Tarakan
Basin Basin

• 7 Tertiary Sedimentary Basins


• Sediment Thickness of > 1000m
New Exploration Play-types resulted in new discoveries

E K O J
M
D F H I P N
A S B
C
Q L G R

Proven Successful Play-types On going studies


A – Fractured Basement in Malay Basin (Anding Utara) K – Malay Basin Deep Play
B – Turbidites Play in Central Luconia (Kumang) L – Half- graben play in Tatau Province
C – Deep-seated Pinnacle Reef Play in M – Turbidites/Hydrodynamic Play in DW Sabah
Central Luconia (Kanowit, PC4, Anjung) N – Turbidites Play in Sandakan Basin
D – Malay Basin Centre HPHT Gas Play (Guling Deep) O – Synrift Play in UDW Sabah
E – Malay Basin Centre Oil Play (Sepat Deep) P – Turbidite sPlay in Sabah Shelf
F – Malay Basin Synrift Play (Kecubung) Q – Fractured Basement in Malay/Penyu Basin
G –Sarawak Basin Synrift Play (KT) R – HPHT Play in Baram Delta
H – DW Sarawak Fault Block Play (Talang) S –Low CO2 Gas Play in Rajang Delta
I – DW Sabah Turbidites Play (Kikeh, Gumusut,)
J – DW Sabah Foldbelt Play (Rotan, Biris)
Exploration Focus Blocks FY 2010/11

PM327 DW 2A DW 2B
PM328

DWF

SK301

SK302
PM319
SK313
SK319

Focus Blocks
SHALLOW WATER BLOCK: PM327 & PM328
PROVEN PETROLEUM SYSTEM: OIL & GAS PRONE AREA
PRODUCTION PROVINCE

Onlap Play Basement Play


PM327/PM328

Located in the eastern flank of Malay Basin.


Prospectivity of the PM327 & PM328 : Deeper play-types of Lower Oligocene to Early Miocene Group K, L, M
and Basement,consist of stratigraphic and structural traps.

PM328

Considered as frontier area in the matured


basin. Synrift deposition of Abu Kecil graben
will be the next exploration target in the
flank of block PM328. The matured lacustrine
source rock based on the basin modelling is
expected to charge the nearby identified
traps.
SHALLOW WATER BLOCK: PM327 & PM328
Aji-Aji-1/ST-1
Ledang Barat Deep-1

Ledang Barat Deep-1 and Aji-Aji-1 discoveries opened up the potential of the deeper section and basement
play of the Malay Basin eastern flank.
Shallow Water Block: PM319
Proven Petroleum System: Oil & Gas Prone Area
Production Province

Dungun Graben

Located in the western flank of Malay Basin.


The prospectivity of the PM319: Deeper play-types Lower Oligocene to Early Miocene Group K, L, M and
Basement consist of stratigraphic and structural traps.

Considered as frontier area in the matured basin.


Synrift deposition of Dungun Graben trend is
among the next exploration targets. The matured
lacustrine source rock based on the basin modelling
is expected to charge the nearby identified traps.
SHALLOW WATER BLOCK: SK301, SK302 & SK313
PROVEN PETROLEUM SYSTEM
GAS PRONE AREA
A number of sizeable structural
closure remained undrilled

Structural – Fault Bounded Anticline

Structural – Rollover Anticline with


DHI support
Flat spots ?

Stratigraphy – Trap Associated with


Shale Diapir

Multiple potential exploration targets


Shallow Water Block: SK301, SK302 & SK 313
CSEM acquired and Inversion Study conducted to reduce uncertainties

Rose prospect in SK302


Based on the CSEM 3D inversion, the prospect indicates positive result within structural closure
Shallow Water Block: SK301, SK302 & SK313
Analog to Keli-1 (SK313) & Kumang-1 (SK315) Gas Discoveries

Keli-1 Kumang-1

Ney: 7.9 m.
Porosity: 17 %
SW: 57.7%.

Cycle VI

Intra Cycle VI
Net pay: 14 m.
Porosity: 26 &
SW: 64%.
Cycle V

Well results above proved the low relief structures contained low CO2
SHALLOW WATER BLOCK: SK319
ESTABLISHED PETROLEUM SYSTEM : GAS PRONE AREA
PRODUCTION PROVINCE

SK319 - Central Luconia Province


Proven Gas Play for Mid to Late Miocene Carbonates

F28 Gas Field


A A’

Platform Carbonate

B B’

Pinnacles Carbonate

Future exploration focus for the SK319: An example of the remaining of platform and
pinnacle carbonate play pinnacle carbonate play potential in SK319
SHALLOW WATER BLOCK: SK310 & SK315
RECENT PINNACLE CARBONATE DISCOVERIES ANALOGS TO THE SK319

Anjung-1 Anjung South-1

Top of Carbonate
Top of Carbonate PROP. NC3-2 NC3-1RD
345 mMDDF

161 mMDDF

598 mMDDF
Anjung-1 and Anjung South-1 with the gas column NC3-1RD penetrated 598 m of gas column and T.D
of 345 m and 161 m respectively are the recent without encountering gas water contact. This is the
discoveries in block SK315 latest well drilled by PETRONAS in block SK316
Deep Water Block: DW2A & DW2B
Proven Petroleum System
Oil & Gas Prone Area
DW 2A
North Luconia Province Paus-1

Carbonate Build-up

Hemipelagic Shale
MMU

Post MMU Turbidites Talang-1


Talang-1

The main play-t ype: Pre-Middle Miocene sections


Secondary: Carbonate build-up & post MMU turbidites
Deep Water Block: DWF
Gas Prone Area

Multiple potential exploration targets High ranked Terubok prospect :


Positive results from AVO & CSEM study

CSEM – Positive anomaly in CSEM 3D inversion


Rising AVO – Classical Class II AVO
DATA REVIEW & BLOCK AWARD PROCESS

EOIM

Courtesy visit
Establish and review of Conditional
current Data Review Bidding Negotiation PSC Signing
Contact Award
opportunities

• Companies establish • Data is • Short listed companies • PSC negotiation and


contact with PMU and available for are invited for a closed award to successful
assessed for interest review upon tender process for company
request and selected blocks
companies are
requested to
sign
confidentiality
agreement.

• Companies to
submit report
on findings
and interest
within 3
month
PRODUCTION SHARING CONTRACT

• Companies that are interested to explore and exploit


hydrocarbon resources in Malaysia are required to enter
into a PSC with PETRONAS

• Each PSC obligates the PSC Contractor to provide all the


financing and bear all the risk of exploration,
development and production activities in exchange for a
share of the total production

• 4 Types of Exploration PSC.

1. R/C PSC – below 200m water depth


2. Deepwater PSC – 200m to 1000m water depth
3. Ultra Deepwater PSC – beyond 1000m
4. HPHT
Contact:

Petroleum Resource Exploration


Petroleum Management Unit (PMU)
Data rooms are open PRTRONAS
Level 22, Tower 2, PETRONAS Twin Towers
15th-19th Feb KLCC, 50088 Kuala Lumpur
9am-5pm
1. Mr. Mohd Azam Yusoff
Senior General Manager
Schlumberger Breakthrough Tel: +603 - 2331 1905
Fax: +603 - 2331 4004
Performance Centre E-mail :mazam_yusoff@petronas.com.my
5599, San Felipe, Suite 1100
Houston, TX 77056 2. Mr. Robert Wong
General Manager
Basin Assessment & Promotion
Tel: +603 - 2331 3135
Fax: +603 - 2331 3238
We are at Booth 525 E-mail : wonghf@petronas.com.my

3. Ms. Salina Safiullah


Manager
Block Promotion & Marketing
Tel: +603 - 2331 1593
Fax: +603 - 2331 3238
E-mail : salinaf@petronas.com.my
THANK YOU

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