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Ecosse Energy Corp is a Canadian oil and gas exploration company focused on exploration and production in Asia.

We have offices in Toronto, Canada and Jakarta, Indonesia.

We hold 100% Working Interest in and are Operators of two large exploration blocks in Indonesia - the Bengkulu PSC in Sumatra and the Manokwari PSC in Papua province.

Ecosse Energy is focusing on assets in Indonesia that are drill-ready. By doing this we can maximise the upside of the properties for the company and our investors.

Recently filed 51-101 reports confirm multi-prospect inventories and significant prospective resources identified on the Bengkulu PSC and Onshore on the Manokwari PSC. Reports identify a risked valuation (NPV 10%) of US$2 billion (arithmetic total using EMV).

In both PSCs, multi-prospect inventories have been confirmed with a best estimate unrisked 1.19 billion barrels of oil (US$15.4 billion NPV10%) and 3.1 Tcf (US$0.8 billion NPV 10%)

 

Onshore Bengkulu - 5 identified onshore oil prospects with a best estimate unrisked 206.1 million barrels prospective resources

Offshore Bengkulu - 12 identified offshore oil prospects  with a best estimate unrisked 290.4 million barrels prospective resources

Onshore Manokwari - 6 identified onshore oil prospects with a best estimate unrisked 697.8 million barrels prospective resources

Onshore Manokwari - 6 identified onshore gas prospects with a best estimate unrisked 3.1 Tcf prospective resources

8 well drilling programme proposed for 2012 and 2013

Process underway for a proposed Admission to trading on AIM in London.

Summary of The Company’s Oil & Gas Prospective Resources

(All figures in
MMbbl or Bscf)

Gross

Net Attributable

Risk Factor

Low Estimate

Best Estimate

High Estimate

Low Estimate

Best Estimate

High Estimate

POS
Geo (1)

POS
Comm (2)

Total

Oil & Liquids Prospective Resources (MMbbl)

 

 

 

 

 

 

 

 

 

Bengkulu – Onshore
Bengkulu – Offshore
Manokwari – Onshore

146.0
198.2
499.8

206.1
290.4
697.8

291.5
396.4
897.5

60.5
83.5
302.7

84.5
120.4
416.9

118.5
162.7
532.9

16%
10%
17%

75%
90%
90%

12%
9%
15%

Total for Oil & Liquids:

844.0

1,194.3

1,585.4

446.7

621.8

814.1

 

 

 

Gas Prospective Resources (Bscf)

 

 

 

 

 

 

 

 

 

Manokwari – Onshore

1,953.8

3,061.9

4,464.7

1,508.9

2,310.6

3,314.9

12%

80%

10%

Total for Gas:

1,953.8

3,061.9

4,464.7

1,508.9

2,310.6

3,314.9

 

 

 

Notes:   (1)  POS geo – Geological probability of success
              (2)  POS comm – Commerciality factor
Source: Chapman

 

We are currently negotiating for additional exploration and production blocks in Indonesia.

Ecosse Energy trades on the Canadian National Stock Exchange (CNSX) with the symbol ECS.

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