JMRS11 Jan Mayen Ridge Sampling Survey 2011

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1 JMRS11 Jan Mayen Ridge Sampling Survey 2011 JMRS11 Report Presentation VBPR/TGS, February 2012

2 Confidentiality Screen dumps and the underlying data in this document are confidential and proprietary to TGS/VBPR. This data shall not be distributed outside your company or used inside your company for any other purpose than illustrating the product presented and any required management approvals. In particular, the images shall not be scanned or loaded to any PC/workstation that makes the data image capable of manipulation or transformation back into commercially viable information.

3 VBPR/TGS NE Atlantic Projects Barents Sea Geophysical Atlas East Greenland Geophysical Atlas Northeast Greenland Seafloor Sampling Møre and Vøring Basins Geophysical Atlas Jan Mayen Ridge Seafloor Sampling Vøring Transform Margin Seafloor Sampling

4 Jan Mayen Ridge Sampling 2011 Jan Mayen Seismic line The JMRS11 project aim was to recover Tertiary and Mesozoic rocks from the seafloor for seismic tie, sedimentological and geochemical analyses, and hydrocarbon seep analysis to improve the understanding of the Jan Mayen Ridge geology and hydrocarbon prospectivity. Northern Dreki Area Sampling profile along seismic line JM-17-85

5 Sampling Operations Systematic sampling of a 1000 m high cliff on the southern Jan Mayen Ridge in September 2011 Good recovery and excellent samples for analysis Twelve sampling stations (10 gravity cores and two dredges) 200+ kg subcrop material for geological and hydrocarbon seep analysis Independent and complementary to 2011 UiB/NPD sampling survey

6 Pseudo-Well and Seismic Tie Sample description: Core logging, petrography, XRD, SEM, and biostratigraphy Samples range in age from Middle Eocene to Permian-Triassic New important information on Mesozoic basin stratigraphy, lithology and depositional environment of the Jan Mayen Ridge Samples placed in stratigraphic order to generate a 1000 m pseudo-well Pseudo-well tied to seismic reflection profile Interval sampled by JMRS11 Lithostratigraphic chart from Jan Mayen Ridge and conjugate margins prior to JMRS11 survey (Hagevang et al., 2008)

7 Hydrocarbon System Analyses Organic geochemistry: TOC, Rock-Eval, Vitrinite Reflectance, GC-MS, GC of EOM, and Biomarkers The results suggest seepage of Jurassic oil and the existence of a petroleum system on the Jan Mayen Ridge Plate tectonic reconstructions show that the sampling area was located in the northward extension of the prolific Viking Graben in the Late Jurassic Plate tectonic reconstruction of the Late Jurassic by Dore et al. (1999). Play concept map across the Jan Mayen Ridge prepared by Sagex for the first Icelandic licensing round in The Southern Ridge Complex and West Flank were interpreted as the most prospective areas. From Andersson et al. (2008).

8 Implications For Conjugate Margins The sampling results confirm the continental structure and the presence of petroleum basins along the Jan Mayen Ridge JMRS11 The JMRS11 survey have positive implications for hydrocarbon exploration in frontier areas in the outer Møre and Vøring basins, the Faroes, and west of Shetland Map showing the location of the JMRS11 samples relative to the North Sea, Mid-Norway margin, the Faroes and W Shetland (2012 blocks in pink) Greenland JMRS11 Møre Basin Oceanic Crust Oceanic Crust Jurassic? Continental Crust Micro-continent with Mesozoic basins Continental Crust JMRS11 give new constraints on the hydrocarbon geology of the poorly sampled Mesozoic basins on the Norwegian margin. The geological transect across the Norwegian-Greenland Sea (red line) is modified from Sigmond (2002).

9 Project Report Table of Contents Report Chapter 1: Executive Summary Chapter 2: Introduction Chapter 3: Operations Chapter 4: Explanatory Notes Chapter 5: Results Chapter 6: Summary and Conclusions Appendix A: Core and Dredge Descriptions Appendix B: Scope of Work Appendix C: Original Lab Reports Deliverables Printed A4 report PDF and digital data Available for immediate delivery

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