1. Petroleum Investment Opportunities Offshore Suriname
AAPG 2003 Convention & Exhibition
May 2003
Salt Lake City

2. Staatsolie
The State Oil Company Suriname - Staatsolie - is an integrated oil company fully owned by the Republic of Suriname:
Undertake E&P activities in Suriname
Promote the hydrocarbon potential
Develop a National expertise in the oil industry.

3. Financial figures 2002 US$ 100 million in Gross Revenues
US$ 37 million in Earnings before Income Taxes
4.5 million barrels of 15.8o API Saramacca crude
2.7 million barrels of refined products
127 million barrels proven reserves
35 million investment program for 2003

4. 19 Exploration Blocks
500m
200m
1000m
2000m
3500m
4000m
3000m
500
700
800
900
1000
600
10m
30m
50m
100m 3m 0m
BNS-1
TN-1
WA-2
I/23-1X
CO-1
CA-1
SON-1
SO-1
MO-1
GLO-1
NCO-1
A2-1
ABARY-1
FRENCH-GUYANA
GUYANA
D E M E R A R A PLATEAU
B/34-1X
PARAMARIBO
APURA
S H ELF
S H E L F - E D G E
D E E P W A T E R
NEAR-SHORE
1200m 27 28 1 2 3 4 5 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 25 26 7
100KM 50
DRY WELL
OIL SHOWS
OIL WELL
OIL FIELD
GAS SHOWS
OIL & GAS SHOWS
TRANSITION ZONE
NEARSHORE
SHALLO W W ATERS
SHELF-EDGE
DEEP WATER
LEGEND
ONSHORE
EXPLORATION BLOCKS
SURINAME

5. Guyana Basin USGS estimate (2000 report):
Potential reserve of 15.3 billion barrels crude and 42 tcf gas
ranked 2nd under explored basin
117 oil fields:
24> 100million barrels
6> 500 million barrels
Found to-date:
1 oil field with 167 MMBLS reserves
(Tambaredjo, onshore Suriname)

6. No bonuses No Levies on Exports No Taxes on Import No Rental Fees
Royalty
Cost Oil
Exploration DevelopmentProduction
Profit Oil
Fixed Rate
Taxes

7. Petroleum Occurrences Guyana Basin
Paramaribo
200 m
2000 m
Suriname
Guyana
Venezuela
Brazil
Fr. Guiana
100 Mi
100 km
Trinidad
Atlantic Ocean
Tambaredjo
oil field
Takutu Basin
6 N o
4 N
8 N
10 N
55 W
57 W
51 W
53 W
59 W

8. Basin Formation Africa Africa South America Africa South America
Early KK
Rotation Africa
Inversion early grabens
Africa
Central Atlantic phase (CA)
Lower JJ rifting
Upper JJ passive margin
Guinea Fault Zone
Africa
Takutu Graben
South America
Inversion
Africa
Equatorial Atlantic phase (EA)
Albian - Recent
Wrench margin development
Takutu Graben
South America
Proto-Caribbean
SURINAME
Takutu Graben
South America

9. Suriname basin: Stratigraphy
Number of wells S N 22
+ 900 onshore wells 15 4
~5 Takutu graben wells
Guyana

10. Suriname Offshore Area of Mature Turonian Source Rock Petroleum System
500
700
800
900
1000
600
100
200 KM
1200m
10m
30m
50m
100m 3m 0m
BNS-1
TN-1
WA-2
I/23-1X
CO-1
CA-1
SON-1
SO-1
MO-1
GLO-1
NCO-1
A2-1
ABARY-1
FRENCH-GUYANA
GUYANA
D E M E R A R A PLATEAU
B/34-1X
PARAMARIBO
APURA
S H ELF
S H E L F - E D G E
D E E P W A T E R
NEAR-SHORE 27 28 1 2 3 4 5 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 25 26 7
Petroleum
System
Envelope
Area of Mature Turonian Source Rock

11. WesternGeco speculative surveys
1999 & 2001 seismic coverage
500m
200m
1000m
2000m
3500m
4000m
3000m
500
700
800
900
1000
600
100
200 KM
1200m
10m
30m
50m
100m 3m 0m
BNS-1
TN-1
WA-2
I/23-1X
CO-1
CA-1
SON-1
SO-1
MO-1
GLO-1
NCO-1
A2-1
ABARY-1
FRENCH-GUYANA
GUYANA
D E M E R A R A PLATEAU
B/34-1X
PARAMARIBO
APURA
S H ELF
S H E L F - E D G E
D E E P W A T E R
NEAR-SHORE
In addition:
~ km
vintages
ON OPEN FILE
Staatsolie data
WesternGeco speculative surveys
Well-tie program
Regional program

12. Identified Play Types N S Onshore blocks Offshore blocks
SUBCROP TRAPS
POP-UP STRUCTURES
ONLAP TRAPS
SHELF EDGE CANYONS
LEVEED AND CHANNELISED
TURBIDITE SYSTEMS
LOW STAND FANS
CEN / TUR SR
JURASSIC LACUSTRINE SR

13. Suriname Offshore 106 134 NCO-1 CO Staatsolie data 100 200 KM
500
700
800
900
1000
600
100
200 KM
1200m
10m
30m
50m
100m 3m 0m
BNS-1
TN-1
WA-2
I/23-1X
CO-1
CA-1
SON-1
SO-1
MO-1
GLO-1
NCO-1
A2-1
ABARY-1
FRENCH-GUYANA
GUYANA
D E M E R A R A PLATEAU
B/34-1X
PARAMARIBO
APURA
S H ELF
S H E L F - E D G E
D E E P W A T E R
NEAR-SHORE
106
Staatsolie data
134
NCO-1 CO

14. Aptian/Albian Onlap Trap
CA mega-sequence:
Original graben fill
EA mega-sequence
Turonian source rocks
4000
2000
Volcano-
clastics ?

15.  50 KM CO-1 NCO-1 TWT(ms)  Pl MEO LEO UMI MMI LMI OL EO PC MA CA TRCE AB AP
TOP UK
TOP CA
TOP LK 
MEO
LEO
50 KM

16. Suriname Offshore
The combination of a steep actively prograding shelf, with sand carried to the shelf edge, adjacent to a deep pull-apart basin is a classic setting for sand-rich turbidites and low-stand fans.

17. NW SE W99-106 MATURE TURONIAN SOURCE ROCK 25KM
CDP
MM UNC
LOWER TERTIARY TURBIDITES
TWT(MS)
KK UNC
APT / ALB UNC
MATURE TURONIAN SOURCE ROCK
25KM

18. NW W99-134 SE Miocene Turbidites / Low Stand Fan Complex
CDP
Miocene Turbidites / Low Stand Fan Complex
TWT(MS)
Lower Tertiary Turbidites
25KM

19. Channel architecture associated with Miocene Turbidites/Low-stand fan complex
After TFE
500m
200m
1000m
2000m
3500m
4000m
3000m
500
700
800
900
1000
600
100
200 KM
1200m
10m
30m
50m
100m 3m 0m
BNS-1
TN-1
WA-2
I/23-1X
CO-1
CA-1
SON-1
SO-1
MO-1
GLO-1
NCO-1
A2-1
ABARY-1
FRENCH-GUYANA
GUYANA
D E M E R A R A PLATEAU
B/34-1X
PARAMARIBO
APURA
S H ELF
S H E L F - E D G E
D E E P W A T E R
NEAR-SHORE
AFTER
TFE

20. Prograding Coastal sands
Summary of trap types
10m
BNS-1
Shelf-edge canyon
Prograding Coastal sands
Low-stand wedge
A/A truncation
A/A onlap
UKK pinch-out
Basement onlap
Area with roll-overs
Combination trap
Rotating fault blocks
Submarine fans

21. Visit
Booth 54
Atlas with full set of well data, seismic data and lead inventory.
Knowledgeable staff to guide you further.
Make an appointment to visit our offices in Paramaribo, Suriname.
Visit our website at