Interpretation projects Northeast Newfoundland and Flemish Pass

© 2014 TGS-NOPEC GEOPHYSICAL COMPANY ASA. ALL RIGHTS RESERVED.

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Canada

Service Layer Credits: National Geographic, Esri, DeLorme, NAVTEQ, UNEP-WCMC, USGS, NASA, ESA, METI, NRCAN, GEBCO, NOAA, iPC

TGS Well Data AvailableNE Newfoundland Flemish Pass AvailableNE Newfoundland Flemish Pass PlannedCall for Bids NL13-01-02-03Held Block

Canada

Greenland

8/14 © 2014 TGS-NOPEC GEOPHYSICAL COMPANY ASA. ALL RIGHTS RESERVED.

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UK Tel: +44 208 339 4200Email: gps-sales@tgs.com

For more information, contact TGS at:

Sequence Stratigraphic Interpretation and Play Fairway Analysis

In cooperation with

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US Tel: +1 713 860 2100Email: gps-sales@tgs.com

Project DetailsTGS has generated a sequence stratigraphic and play fairway analysis interpretation project utilising the new TGS Offshore Northeast Newfoundland Shelf seismic survey data and available well data to:

� Provide a geologic model of the depositional basin fill throughout time � Delineate the presence, thickness and distribution of reservoir and seal with respect to

timing and movement associated with tectonic activity � Identify and risk-assess prospective hydrocarbon leads by performing basin modeling,

AVO analysis and fluid reservoir modeling

In addition, TGS has integrated and interpreted well log data to define a sequence stratigraphic framework. Depositional environments and associated facies have been interpreted based on log character for available wells. Where insufficient well data is available, seismic facies analysis have been used to define the gross depositional environments. Gross depositional environment maps for up to 15 sequences have been interpreted and mapped.

Other geologic features such as areas of igneous activity and major depositional features such as deltas, fans, debris flows and turbidites are also featured. A report summarizing the current seismic based interpretation projects, basin modeling, and fluid reservoir modeling has also been prepared.

BenefitsThe benefits of the sequence stratigraphic study and play fairway analysis are:

1. A fundamental exploration tool that takes many man years to complete and therefore few companies complete in such detail

2. A fast track understanding of basin development and shortened exploration cycle time 3. New and extended insight into the gross depositional environments of the region 4. Reduced risk through delineating source, seal and reservoir for use in predictive

exploration 5. A robust framework for play modelling and exploration work 6. Integrated data in a single environment to improve productivity

RequirementsClients must license 50% of underlying seismic data.

TimingFinal products are anticipated to be delivered Q1 2015.

DeliverablesInterpreted seismic and well data are delivered in shape, image and ASCII file formats. TGS also provides clients with a viewer called the Facies Map Browser (FMB), which can be used to review all well and map data.

Deliverables include: � Processed well curve data � Sequence boundaries picked on log data � Seismic horizons used to define and constrain sequence boundaries � Gross depositional environment maps based on well and seismic events � Seismic facies maps � Reservoir, seal, and play fairway summary maps

The structural interpretation deliverables include: � Structure and isopach maps � Horizons � Fault segments � Fault polygons and polygons that delineate potential hydrocarbon anomalies

RUT H-11

LEIF M-48LEIF E-38

HEKJA O-71

SKOLP E-07

TYRK P-100

RALEGH N-18

OGMUND E-72

SNORRI J-90

BJARNI O-82BJARNI H-81

GUDRID H-55

GILBERT F-53

HERJOLF M-92

CARTIER D-70

FREYDIS B-87

POTHURST P-19

HOPEDALE E-33

ROBERVAL K-92ROBERVAL C-02

HARE BAY E-21

KARLSEFNI H-13

VERRAZANO L-77

CORTE REAL P-85

NORTH LEIF I-05

BAIE VERTE J-57

NORTH BJARNI F-06

SOUTH LABRADOR N-79SOUTH HOPEDALE L-39

INDIAN HARBOUR M-52

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TGS-NOPEC has used its best efforts to produce this map free of errors, utilization of same shall be at the sole risk of the user.TGS-NOPEC assumes no liability or responsibility for reliance placed thereon.

G:\Drafting_Working_Directory\MASTER_PROJECT\LABRADOR\PlayFairway\MARKLAND SFA\Markland_SF.mxd June 18, 2014

LABRADOR SEA

Projection: WGS 1984, UTM Zone 21N

Markland Seismic Facies

Labrador

Greenland

Newfoundland

0 90 18045

Kilometers

Survey L-108 reprocessed

Survey ECL-2012

Survey ECL-2011

Markland Seismic FaciesHigh amplitude, good continuity, parallel to sub-parallel, onlap, wavy

Moderate to low amplitude, good continuity, parallel to sub-parallel, onlap, (noisy locally)

Moderate amplitude (low towards base), moderate to good continuity (low towards base), parallel to sub-parallel, onlap

High to moderate amplitude, good continuity, parallel to sub-parallel, onlap, high frequency

Low amplitude, moderate continuity, sub-parallel

Moderate to high amplitude, moderate to good continuity, parallel to sub-parallel to clinoformal

Moderate amplitude, moderate to good continuity, parallel to sub-parallel, sigmoidal clinoforms

Moderate to low amplitude, moderate to poor continuity, sub-parallel, chaotic locally, noisy

Moderate to low amplitude, moderate continuity, sub-parallel, wavy locally, downlap, onlap

Low to high amplitude, good to moderate continuity, sub-parallel (single reflector), noisy locally

Moderate amplitude, moderate to good continuity, parallel to sub-parallel, high frequency, onlap, noisy

Moderate to low amplitude, moderate to poor continuity, sub-parallel, deformed (faulted locally), noisy

Moderate to low amplitude (locally high), good continuity, parallel to sub-parallel, mounded onlap fill

Moderate to low amplitude, moderate to poor continuity, sub-parallel to downlapping clinoforms, deformed (faulted locally)

Low amplitude, poor continuity (moderate continuity locally), chaotic (sub-parallel) high amplitude reflector at base locally (posssible underlying volcanics)

High to moderate amplitude, good continuity, parallel to sub-parallel

Moderate to low amplitude, moderate continuity, sub-parallel to downlapping planar clinoforms

Moderate to low amplitude, moderate continuity, sub-parallel, mounded locally, onlap

Variable amplitude, moderate to good continuity, parallel to sub-parallel, transparent

Upper: High amplitude, good continuity, parallel to sub-parallel, onlap. Lower: Low amplitude , moderate to poor continuity, sub-parallel, mounded, onlap

Upper: Low amplitude, poor continuity, sub-parallel, clinoforms. Lower: Moderate amplitude, moderate to good continuity, sub-parallel, onlap

Low amplitude (moderate locally), poor to moderate continuity, sub-parallel, noisy

Absent / eroded / not deposited