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Dr Graeme Bethune CEO, EnergyQuest 28 February 2012 Australia LNG hotspot

Canada Australia Energy

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  • Dr Graeme BethuneCEO, EnergyQuest

    28 February 2012

    Australia LNG hotspot

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 2

    EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 3

    Land of oil and gas opportunity

    Australia set to become the worlds largest LNG producer $180 billion of projects under construction More projects on the drawing board More gas potential. Great CBM already and potential for shale gas and

    oil

    Extensive onshore acreage under exploration Shortage of skills Foreign investment welcomed Canadian involvement already: ATCO, Enerflex, Talisman, Vermillion,

    Ensign Drilling, Savanna Drilling, E&P companies etc

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 4

    Australian oil

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 5

    Australian gas

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 6

    Strong international gas demand

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 7

    Australian gas production to triple

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 8

    Chevrons Gorgon

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 9

    Chevrons Wheatstone

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 10

    Shells Prelude Floating LNG

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 11

    INPEXs Ichthys

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 12

    BGs CBM QCLNG

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 13

    Santos/Petronas/Totals CBM GLNG

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 14

    ConocoPhillips & Origins CBM APLNG

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 15

    CSG challenges/opportunities

    World first LNG from CSG Upstream

    Sufficient gas deliverability to fill the trains Land access Water treatment and salt disposal Environmental/community issues Opportunities in gas storage

    Downstream Labour and skills Industrial relations Environment

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 16

    Extensive exploration potential

    Source: EnergyQuest

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 17

    Conclusion

    Australia full of oil and gas opportunities Conventional, CSG, shale Mega LNG projects Active junior exploration sector Welcoming companies from around the world From the worlds majors to junior start-ups

  • Energy analysis and strategy | Copyright 2012 EnergyQuest 18

    Thank you