Block Map of Myanmar

MOGE Aggressive Exploration Programme

To explore & produce oil and
gas in onshore areas for selfsufficiency

To oversee and cooperate the

PSCs in Offshore areas

OIL & GAS FIELDS OF MYANMAR (ONSHORE)

SR NO. 1 2 3 4
SHWE

OIL & GAS FIELDS YEAR OF DISCOVERY REMARKS YENANGYAUNG 1887 PRODUCING AYADAW CHAUK PAYAGON MYANAUNG PYAY SHWEPYITHA PYALO MANN LETPANDO PEPPI HTAUKSHABIN HTANTABIN KANNI APYAUK SHWEGU KYAUKKWET / LETPANDO INDAING NYAUNGDON 1893 1902 1959 1964 1965 1967 1969 1970 1974 1976 1978 1980 1985 1991 1994 1995 1996 1999 PRODUCING PRODUCING SUSPENDED PRODUCING PRODUCING PRODUCING SUSPENDED PRODUCING PRODUCED FOR 2 YEARS & SUSPENDED PRODUCING PRODUCING SUSPENDED PRODUCING PRODUCING SUSPENDED PRODUCING SUSPENDED PRODUCING PRODUCING

5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

THARGYITAUNG/SABE 2001

Crude Oil and Natural Gas Reserves

Proved Recoverable Petroleum Reserves
Location Crude Oil (MMBBL) 112.325 100.892 Natural Gas (TSCF) 0.46 17.00

(as at 1-4-2008)

Onshore Offshore

Concession Blocks
3 TYPES OF BLOCKS
EXPLORATION / PRODUCTION ( EP ) / (PSC) IMPROVED PETROLEUM RECOVERY ( IOR ) PERFORMANCE COMPENSATION CONTRACT (PCC) REACTIVATION OF SUSPENDED FIELDS ( RSF )

Type of Block PSC & EP PSC IOR / PCC

No. of Blocks 30 (Onshore) 26 (Offshore) 7 (Onshore)

Remarks Exploration Areas Improved Oil Recovery

RSF

Marginal Field Development ---------------------------------------------------------------------Total 47 Blocks (Onshore) 26 Blocks (Offshore-Shallow Water) 18 Blocks (Offshore-Deep Water) -----------------------------------------------------------------------

10 (Onshore)

OTHER OIL COMPANIES ACTIVITIES

Current Onshore Activities by Companies

Company (Operator) MPRL (Myanmar) Goldpetrol (Indonesia) Block/Area MOGE-2(N) (Mann Field) MOGE-1 (Yenangyaung Field) IOR-2 (Chauk Field) MOGE-2(S) (Htaukshabin Field) (Pyay Field) IOR-4 PSC-M (Kyaukphyu) PSC-C1 (Indaw) PSC-C2 (ShweboMonywa) PSC-D (Mahudaung) PSC-L (Sittway) B-2 (ZebyutaungNandaw)

FEL (Hongkong) Chinnery Assets Ltd(China) CNOOC (China)

SINOPEC (China) ESSAR Group (India) SILVERWAVE ENERGY SILVERWAVE SPUTNIK

NOTE : In onshore area, 11 contracts have been signed with 8 foreign companies. The other onshore blocks are kept reserve for MOGE.

Current Offshore Activities by Companies

COMPANIES (Operator) TOTAL PETRONAS Carigali DAEWOO PTTEP CNOOC ESSAR ZERUBEZHNEFT DANFORD EQUITIES MPRL E&P SILVERWAVE ENERGY UNOG CNPC ONGC BLOCKS M-5, M-6 (Yadana) M-12, M-13, M-14 (Yetagun) A-1 (Shwe), A-3, AD-7 M-3, M-4, M-7, M-9, M-11 A-4, M-10 A-2 M-8 YEB A-6 A-7 M-1 AD-1, AD-6, AD-8 AD-2, AD-3, AD-9

In the offshore area, 27 contracts have been signed with 13 foreign companies. 6 shallow water blocks are available for exploration & development and 11 new deep water blocks are open for new investors.

Major Offshore Projects in Myanmar Offshore

YADANA GAS PROJECT SUMMARY

LOCATION BLOCKS SELLERS : : : MOATTAMA OFFSHORE M-5 / M-6 TOTAL 31.24 % UNOCAL 28.26 % PTTEP 25.50 % MOGE 15.00 % PTT Plc 6.5 TCF 525 MMCFD / 565 MMCFD 125 MMCFD WELL HEAD PLATFORM 1 ( 7 WELLS ) WELL HEAD PLATFORM 2 ( 7 WELLS ) WELL HEAD PLATFORM 3 ( 2 WELLS ) PRODUCTION PLATFORM LIVING QUARTER PLATFORM FLARE PLATFORM PIPELINE CENTER METERING STATION 216 MILES 36 PIPELINE ( OFFSHORE ) 39 MILES 36 PIPELINE ( ONSHORE ) 1998 1200 MM$

BUYER RESERVES EXPORT DCQ DOMESTIC GAS OFFSHORE FACILITIES

: : : : :

ONSHORE FACILITIES PIPELINES START OF GAS EXPORT PROJECT COST

: : : :

YETAGUN GAS PROJECT SUMMARY

LOCATION BLOCKS SELLERS : : : TANINTHARYI OFFSHORE M-12 / M-13 / M-14 PETRONAS 40.75 % NIPPON 19.40 % PTTEP 19.40 % MOGE 20.45 % PTT Plc 4.16 TCF 200 / 260 / 400 MMCFD ( ABOUT 30 BL CONDENSATE / MMCF ) DRILLING PLATFORM ( 6 WELLS +4 PRODUCTION PLATFORM FSO PIPELINE CENTER METERING STATION 126 MILES 24 PIPELINE ( OFFSHORE ) 42 MILES 24 PIPELINE ( ONSHORE ) 2000 ABOUT 700 MM$

BUYER RESERVES EXPORT DCQ OFFSHORE FACILITIES ADDITIONAL)

: : : :

ONSHORE FACILITIES PIPELINES START OF GAS EXPORT PROJECT COST

: : : :

Current Offshore Activities

Block A-1 and A-3 Prospects

Shwe Nilar 1

Shwe Nilar 2

Shwe Discovery Shwe Phyu Discovery Shwe Nilar Prospect Ngwe North Prospect Mya Discovery

Block A-3 (Mya Discovery) Block A-3

RESERVES : 1.5 ~ 3.9 TCF

Options for Blocks A-1 & A-3 Gas Utilization

1. Pipe gas to neighboring countries (option 1,2,3 & 4) 2. LNG 3. Special Economic Zone (SEZ gas base) at nearby landfall
2

Possible Pipeline routes

Prospects & Lead DRILLING PROGRAMME IN BLOCK BLOCKS A-3 A-3, MYANMAR
Water Depth Map with Mya Discovery & other Prospects
1000m 500m

MYA Well 1 discovery

Mya Well 2 (appraisal)
1500m

Mya Well 3 (appraisal)

Prospect KYAUK SEIN

Well #1 (exploration)

Lead A

Prospect THANDAR
Provisional well #1

Wells to be drilled in early 2007

Location map of Prospects in Block M-9

The second drilling campaign focused only on M9 to evaluate HC potential in three areas, M9W, M9C and M9NE with the encouraging drilling plan of 7 wells by end 2007. Zatila # 1 drilled in western part of Block M-9 discovered and some amount of condensate and gas.

MOGE OTHER ACTIVITIES

NATURAL GAS MARKET

About 1660 miles of gas pipeline were constructed in onshore by MOGE pipeline team. Pipeline size varies from 6" to 20".

Onshore Gas Pipeline Offshore Gas Pipeline

CNG / NGV PROGRAMME IN MYANMAR

Initiated in Myanmar since 1986. 1986 August 2004 : - 5 CNG Refueling Stations - 2 in Yangon City - 2 in Yenangyaung Field - 1 in Chauk Field - 587 NGVs (Converted from petrol buses) CNG / NGV Programme was reactivated in August 2004. As at May 2008 : - 44 CNG Refueling Stations in Myanmar- 39 in Yangon City - 2 in Mandalay City
(39)

- 2 in Yenangyaung Field - 1 in Chauk Field - 20,761 NGVs (Converted from both petrol / diesel cars Future : CNG Refueling Stations will be installed along the existing domestic pipeline corridor.
9

CNG / NGV STATIONS IN YANGON

1 0

Regional Cooperation

Myanmar in Regional Co-operation Programme

MYANMA R

Trans-ASEAN Gas Pipeline (TAGP)

Myanmar contribute to certain extent the energy supply requirements of ASEAN, BIMSTEC, GMS and ACMECS in terms of natural gas.

Investment Opportunities in Petroleum Exploration Sector in Myanmar

Newly Demarcated Deep Water Blocks

- Rakhine Offshore Area 10 Blocks ( AD-1 to AD-10 ) - Moattama/Tanintharyi Offshore Area 8 Blocks ( MD-1 to MD-8 ) - Yetagun East Block (YEB)

OPEN OFFSHORE BLOCKS - Shallow Water Open Blocks : A-5, M-2,

M-15, M-16, M-17, M-18 - Newly Open Deep Water Blocks : 18 Blocks

Deep Water Blocks

Rakhine Offshore (Arakan Deep) 10 Blocks. Sr. No.
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Block Name
AD - 1 AD - 2 AD - 3 AD - 4 AD - 5 AD 6 AD 7 AD - 8 AD - 9 AD - 10

Area / Sq. Miles

1,042 3,127 3,822 4,077 4,077 373 650 2,000 3,011 3,500

Water Depth ft (m)

1,500 -> 6,000 (457m - > 1,829m) > 6,000 (> 1829m) > 6,000 (> 1829m) > 6,000 (> 1829m) > 6,000 (> 1829m) 17 295 (5.18m - 89.91m) 295 - 4590 (89.91m 1395.98m) 3280 - 6560 (979.56m 1995.13m) 3280 -> 6,560 (979.56m -> 1995.13m) > 6,560 (> 1995.13m)

Deep Water Blocks (Cont.)

Moattama & Tanintharyi Offshore (Moattama Deep) 8 Blocks. Sr. No.
1. 2. 3. 4. 5. 6. 7. 8.

Block Name

Area / Sq. Miles

3,262 3,988 5,135 2,278 2,452 2,683 3,011 2,510

Water Depth ft (m)

> 6,000 (> 1829m) 1,500 -> 6,000 (457m - > 1,829m) 600 -> 6,000 (183m - > 1,829m) 3,000 -> 8,000 (914m - > 2,439m) 6,000 -> 9,000 (1,829m - > 2,744 m) 6,000 -> 10,000 (1,829m - > 3,049m) 3,000 -> 10,000 (914m - > 3,049m) 2,500 -> 9,000 (762m - > 2,744m)

MD - 1 MD - 2 MD - 3 MD - 4 MD - 5 MD - 6 MD - 7 MD - 8

Any interested parties are cordially invited to invest in Myanmar offshore exploration. Brief data over-view of the blocks could be done with MOGE technical team at free of charge. Interested blocks should be applied to Ministry of Energy or Energy Planning Department for direct negotiation at any time.