EXPLORATION & DEVELOPMENT UPDATES AND OPPORTUNITIES THAN TUN ( Advisor to MOGE, Retired DIRECTOR-OFFSHORE) MYANMA OIL & GAS ENTERPRISE MINISTRY OF ENERGY 1St December, 2015

INTERNATIONAL BIDDING STATUS(2014-15) ONSHORE BLOCKS AWARDED - 16 OPEN BLOCKS - 11 MOGE OPERATION - 8 PSC/RSF/IOR /EP - 14 Total 49 Blocks OFFSHORE BLOCKS NEW AWARDED - 20 OPEN BLOCKS - 13 EXISTING OPERATION – 18 Total 51 Blocks

PRESENT STATUS OF PSC COMPANIES (Old) Daewoo A1, A3 Development/Prodn. AD7 Exploration MPRL A6 Exploration Petro Vietnam M-2 Exploration PTTEPI M3 Exploration M9,M11 Dev/Expl MD7,MD8 Exploration TEPM M5,M6 Prod/Exploration PCML M12,13,14 Prod/Exploration CNPC AD-1,6,8 Exploration Total 7 Companies in 18 Blocks in Offshore PSC Company Block Status

OFFSHORE GAS PRODUCTION Total Daily Average Production = 1900 mmcf/d Export – 1600 mmcfd, Dom -300 mmcfd YRARLY PRODUCTION IN MMCF DCQ- 565 MMCF DCQ- 400 MMCF DCQ- 500 MMCF DCQ- 350 MMCF) DAEWOO(A1/A3) SHWE PRODUCTION STARTED ON 15 July 2013 CURRENT – 400 MMCFD PTTEPI(M-9) ZAWTIKA PRODUCTION STARTED ON 5 Mar 2014 (Dom) / 15 Aug (Export) CURRENT – 350 MMCFD

GAS DISTRIBUTION Onshore - 50 MMCFD (CNG Stations, Petrochemical Plants) Offshore - 1950 MMCFD YADANA - 850 MMCFD 650 MMCFD Export 200 MMCFD Domestic (YGN area GT & GEG, Shwetaung, Mag) YETAGUN - 250 MMCFD Export ZAWTIKA - 350 MMCFD 250 MMCFD Export 100 MMCFD Domestic (KBK,Mawlamying,Thaton,YGN) SHWE - 500 MMCFD 400 Export 100 Domestic (KPU,YNG,Myingyan,KSE) ZTK

2014-15 NEW AWARDED BLOCKS New awarded Companies for 10 Shallow Water Blocks A-4, A-7 BG Asia Pacific Pte. Ltd. / Woodside Energy A-5 Chevron (Unocal Myanmar Offshore Co. Ltd.) M-4 OIL India, Mercator Petroleum and Oilmax M-7, YEB Tap Oil Ltd. M-8 Berlanga Holding B.V. M-15 Transcontinental Group (TRG), CFG M-17, M-18 Reliance Industries Ltd. New awarded Companies for 10 Deep Water Blocks AD-2 BG Asia Pacific Pte. Ltd. / Woodside Energy AD-3 Ophir Energy Plc AD-5 BG Asia Pacific Pte. Ltd. / Woodside Energy AD-9,AD-11,MD-5 Shell Myanmar Energy, MOECO AD-10 Statoil and ConocoPhillips MD-2,MD-4 Eni Myanmar B.V YWB Total E&P Myanmar

OFFSHORE PROSPECTS 2015-2016 exploration works PROVEN RESERVES EXPLORATION WELLS PROVEN RESERVES GAS - 20 Tcf CONDENSATE – 85 MMSTB Daewoo - 1 Well MPRL – 1 Well PVEP - 1 Well TEPM - 1 Well PCML - 3 Wells SEISMIC SURVEY PROGRAM For new PSC blocks seismic Survey under progress will continue up to next year. 2015-2016 exploration works

SEISMIC ACTIVITIES to be conducted in 2015 & 2016 A-3 - 1998 Sq-Km(3D) Daewoo AD-3 - 10138 Sq-Km(3D) Ophir A-5 - 4380 Km(2D)/1360 Sq-Km(3D) Unocal AD-9 - 4290 Sq-km(3D) Shell AD-11 - 4780 Sq-Km(3D) Shell A-7 - 1230 Km(2D)/3610 Sq-km(3D) Woodside AD-5 - 3600 Km(2D)/3155 Sq-Km(3D) Woodside M-3 - 800 Sq-Km(3D) PTTEP M-12/13/14 - 1200 Sq-Km(3D) PCML M-15 - 5000 Sq-Km(3D) CFG MD-2 - 2600 Km(2D) Eni MD-5 - 2680 Sq-Km(3D) Eni Remarks: BG(A4,AD-2),Oil India(M-4,YEB) & Berlanga(M-8) have plan to conduct survey in 2016-17

Offshore Development works Yetagun Development To be drilled 3 wells in Dec, 2015 Zawtika Phase 1B EPCIC Works (4 Wellhead Platforms + Sea line) (COOEC) Badamyar Development EPCIC Works(HHI) ( 1 Wellhead Platform + Sea line) + LCP 4 production wells to be drilled in 2016-17 Yetagun(N) Yetagun Zawtika Phase 1B YADANA LAYOUT BADAMYAR

Rakhine Offshore ( Shwe Project ) Operator - Daewoo Production – 500 MMSCFD (100 mmscfd for Domestic) ( 400 mmscfd for Export) In Shwephyu Prospect New Platform with sea line to Shwe Platform will be installed In 2017

OFFSHORE SUPPLY BASE About 2 Supply Bases should be ready NORMAL OPERATION IN 4 PROJECTS Shwe Project (A1-A3) - Rakhine Yadana Project (M-5-M-6) - Moattama Zawtika Project(M-9) - Moattama Yetagun Project(M-12/13/14) - Tanintharyi 2016-2017 Seismic Activities in New Blocks Development Wells(Yetagun) Some Exploration Wells Rakhine 2017-2018 Exploration Drilling in New Blocks ZTK Development Phase-1C EPCIC M-3 Development Moattama 2018 -2019 Exploration Drilling & ZTK Development Wells Tanintharyi About 2 Supply Bases should be ready to support coming operations 51 Interested parties discussed with MOGE Will inform to apply proposal soon

Opportunities in Petroleum Exploration and Production To be involved in Onshore-Offshore E&P under PSC Rehabilitating to suspended fields: onshore area Pipeline and Engineering Services by JV Onshore Drilling Rigs by JV Offshore Supply base for E&P (SEZ or on-land location) New Opened blocks for future tendering (?)

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