2. EXPLORATION & APPRAISAL

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A. EXPLORATION LICENCE MANAGEMENT

Osprex will determine optimal exploration strategies and data acquisition campaigns to de-risk your

portfolio and mature opportunities prior to drilling and development.

We undertake to license round groundwork through to application submissions and are able to evaluate exploration farm-in opportunities and prepare and manage farm-downs and divestments.

B. APPRAISAL

Osprex integrates sub-surface, engineering, and economic analysis, to determine producible volumes and to define appraisal programs that mature discoveries to resources. This requires the design of appraisal plans which effectively manage data acquisition and work program execution to mitigate key sub-surface uncertainties.

Osprex is able to undertake geophysical attribute analysis to aid structural and stratigraphic descriptions of reservoirs.

C. EXPLORATION

Osprex integrates geological and geophysical analysis within a play fairway-based framework and

matures prospects through detailed seismic mapping and geophysical attribute analysis.

We can build plays and leads and build an inventory of prospects to drilling sanction; fully integrating

geological, engineering and economic screening is part of that process.

We undertake geological, petrophysical and reservoir engineering evaluations, and assess drilling

outcomes, to quantify volumetric ranges and sub-surface risk profiles.