Petroleum Exploration Society of Australia Ltd

Petroleum Exploration Society of Australia Ltd N.S.W Branch GPO Box 625 Sydney NSW 2001 (Incorporated in WA) A.C.N 009 061 278

NOTICE OF MEETING AND AGENDA – PESA NSW BRANCH AGM 2019

Venue: Castlereagh Boutique Hotel, 169 Castlereagh St, Sydney, NSW, 2000

Date and Time: 14th May 2019, 12:30 pm

Agenda:

1. Quorum

2. Minutes of 2018 AGM

3. Acceptance of President's Report and Financial Summary

4. Election of officers

• President

• Vice President

• Branch Secretary

• Treasurer

• Committee members

5. Resolutions (if any)

6. General Business

7. Meeting Close

Secretary,

PESA NSW Branch


NOMINATION FOR PESA LTD (NSW BRANCH) COMMITTEE

Nominations are invited for the NSW Branch Committee for 2019.

Any Member with an interest in nominating for a position should fill out the form below and obtain sponsorship from two (2) PESA Members. Completed forms may be returned by email to [email protected], or by post (per above) to the Secretary.

I am an Active and Financial Member of the NSW Branch and hereby nominate for the following NSW Branch Committee position:

Name:...........................................................................................................................

Company Affiliation:.....................................................................................................................

Position Sought: ☐ PRESIDENT ☐ VICE-PRESIDENT ☐ SECRETARY ☐ TREASURER ☐ COMMITTEE MEMBER

Signature:......................................................................................................................

Proposed by:

.................................................................................... (Signature)

.................................................................................... (Print Name)

Seconded by:

.................................................................................... (Signature)

.................................................................................... (Print Name)

Date:..................................................

Secretary, PESA NSW Branch


Page 1 of 2

AGM – Minutes

Tuesday 10 April 2018

The branch Vice-President, Phil Cooney (Chairman), declared the meeting open at 12:30

pm.

1. Quorum There being 28 members, the Chairman declared a quorum present.

2. Minutes of the 2017 AGM The minutes of the previous AGM were circulated and read immediately prior to the meeting.

It was moved by Paul Lennox and seconded by John Blumer that the minutes be accepted.

The meeting unanimously passed the proposal.

3. President’s Report and Financial Summary– 2017 The Presidents report was also circulated immediately prior to the meeting. The Chairman

summarised the following aspects of the President’s report which had been previously

circulated;

The Committee met 11 times during the year,

9 monthly” technical meetings were held and attracted between 20-50 attendees,

with an average attendance of 38

3 twilight meetings were added to the program. These attracted an average of 20

attendees

Total Branch members decreased to 218 (includes 30 students),

Two short courses and 3 social events, including one student night, the annual family

weekend away and the annual golf tournament, were held,

Three student scholarships ($1,500 each) were awarded.

Financially, the Branch recorded a loss of $11,330. All things considered this was not

a bad result since the accounts do not include membership subscriptions nor

(Federal) administration costs.

The Chairman asked that the President’s report for 2017 be accepted as an accurate record

of the Branch’s events. The proposal was moved by Mauri Drew and seconded by Sam Mc

Dermott and the meeting unanimously passed the proposal.

4 Committee Elections - 2018 All Committee positions were declared vacant and the Chairman presented the following

nominations for the 2018 Committee for PESA NSW

of 2

President: Alex Bruce

Vice President: Phil Cooney

Past President: Scott Keenan

Secretary: Andrew Riznyczok

Treasurer: Samuel McDermott

Committee: Amandeep Kaur, Mark Adamson, Anne-Marie Scott, Max Williamson, Eyad

Yusuf, Michelle Spooner, Mark Larsen and Mary Nguyen

Golf Committee Representative Barry Smith

Student Representatives

University of NSW: TBA

University of Sydney: TBA

University of New England: TBA

Macquarie University: TBA

As additional nominations were not forthcoming the Chairman proposed that the NSW

Branch Committee nominees be duly declared as elected. Moved by Paul Lennox, seconded

by John Mebberson, agreed unanimously.

5. Resolutions.

The Chairman moved a vote of thanks to the outgoing committee for all their work in a

difficult time for the industry, seconded by John Blumer, agreed unanimously

6. General Business.

There was no General Business

7. Meeting Close. The Chairman closed the meeting at 12:45 pm..

Signed as a true record

Phillip Cooney

PESA NSW

Andrew Riznyczok

Secretary PESA NSW

Petroleum Exploration Society of Australia Ltd N.S.W Branch GPO Box 625 Sydney NSW 2001

(Incorporated in WA) A.C.N 009 061 278 Page 1 of 7

PESA NSW Branch 2018 Annual Report

The PESA NSW Branch continued to work towards its mission statement of supporting technical

excellence, education, innovation and interactive discussion within the petroleum exploration industry.

The branch had a positive year in 2018.

Commendations for the efforts of the committee to attract and select quality expert speakers and

courses and actively advertising them to its members. PESA NSW held 15 events in 2018 including

seven technical lunches, two twilight seminars, two short courses, Christmas party, golf day and golf

weekend away.

The committee aimed to bring its members a diverse range of quality speakers and topics and

succeeded by hosting technical meetings and workshops covering many facets of petroleum

exploration including;

Prospect & portfolio risking

Structural geology

Surface logging

NMR logging and petrophysics

Australian and international basin analysis

In 2018, PESA NSW continued to support the education of our local geoscience students. Two student

scholarships were awarded and the winners were given the opportunity to present their work earlier

this year at the February 2019 technical lunch. There were many scholarship applications received and

their quality was of the highest standard. The winners are detailed in Table 1 at the end of this report.

A number of PESA NSW committee members and branch members devoted a huge amount of time and

effort to ensure the success of the Australian Exploration Geoscience Conference (AEGC) in February

2018. The conference was well attended with over 900 attendees and the committee received positive

feedback from members and exhibitors. Thank you to all those involved and for bringing a new

geoscience conference to NSW.

PESA NSW aimed to further strengthen ties between complementary industry organizations including

the Society of Petroleum Engineers (SPE) and the Australian Society of Exploration Geophysicists

(ASEG). This was achieved by co-advertising events and offering discounted rates to each other’s

members. This is seen as a key to bring down costs, increase attendee numbers and provide members

with access to a wider variety of high quality technical and networking events.

In 2018, PESA NSW incurred a small loss, although this was largely in line with what we had budgeted.

Financial pressures on the industry made this year more challenging to attract high attendee numbers

and keep membership numbers up, however budgets and expenditures were amended to try and

combat this. The 2018 profit and loss statement for PESA NSW can be found in Figure 1 at the end of

this report.

As the following financial statements show, the NSW Branch made a loss during Financial Year 2018.

The Accounts prepared by the Federal Office show a loss of $8,641.98 (2017 loss of $11,330.59, 2016

loss of $1,500.32). The loss is more than covered by annual membership dues and was well within the

budgeted loss for NSW.



In 2018, The PESA NSW branch had 139 financial members (2017; 188), 20 financial student members

(2017; 30) and one financial graduate member. Numbers are still relatively low when compared to pre-

2015 numbers.

If you have not already renewed your membership for 2019, please remember to do so. Your support is

vital.

I’d like to extend a very big thank you to the NSW committee. The time put in by the individuals to the

voluntary roles is appreciated and all work was done with great enthusiasm and rigor. I would like to

thank you all for providing your valuable time and patience in 2018.

Finally I would like to acknowledge the support of a number of companies particularly in the hosting of

Branch Committee meetings – Horizon, Bridgeport, Denison Gas and Oil Search.

The following pages show tables of recipients of the 2018 Student Scholarships, members of the NSW

Branch committee, the summary of events for 2018 and the 2018 Financial Statements.



PESA NSW Profit and Loss Statement

Figure 1. 2018 Profit and loss statement

Alex Bruce, President

Michelle Spooner, Treasurer

26/04/2019



PESA NSW 2018 Scholarship Winners

Kindly sponsored by Oil Search and Bridgeport Energy.

Name Degree University Research Project

Michael Eze

PhD Macquarie University

The potential of plant growth-promoting rhizobacteria (PGPR) to enhance

phytoremediation of diesel contaminated sites

Mehrnoush Rafiei

PhD Macquarie University

High resolution imaging and mineral mapping to determine source rock properties and its

potential as an unconventional reservoir within a Mesoproterozoic organic rich black

shale

Table 1. Scholarship winners.



PESA NSW 2018 Schedule of events and attendance

Event Sponsor Date Topic Speaker Student

Attendees Total

Attendees

February Twilight Seminar

- Tuesday 6/2/18

The Karroo Corridor, Madagascar and the Perth Basin, Western

Australia: their remarkable similarities, and potential for

cross-basin learnings.

Dr Pete Jeans

0 20

AEGC Sydney

ASEG / AIG / PESA

18/2/18 to

21/2/18 - - - 900

Weekend Away

AWE 9/3/18

to 11/3/18

- - - 30

March Technical

Lunch -

Tuesday 13/3/18

Ductile versus brittle: alternative structural

interpretations for the Niger Delta

Dr Pedro Restrepo

4 27

April Technical Lunch &

AGM

- Tuesday 10/4/18

Unravelling the tectonic and paleogeographic history of

West Papua through detailed field studies

Dr Lloyd White

1 31

April Short Course

Halliburton Tuesday 17/4/18

NMR logging and Petrophysics Short Course

Stefania Martinez

3 15

May Twilight Seminar

- Tuesday 22/5/18

Aspects Of Oil & Gas Exploration & Production In

The Sydney Basin Daryl Eyles 2 24

June Technical

Lunch -

Tuesday 12/06/18

Can water ever only flow down one side of a valley? –

A case for hydrocarbon charge to the Southern

Margin of the Gippsland Basin

Chris Carty 3 40

July Short Course

Geolog Tuesday

10/07/18 Surface Logging Technology

Workshop

Alan Morrison & Ana Gironés

1 12

July Technical

Lunch Geolog

Tuesday 10/07/18

Applications of Advanced Surface Logging for Reservoir

Characterization

Alan Morrison

1 30

August Technical

Lunch -

Tuesday 14/08/18

Guyana Deep Water - a “new” oil play

Rod Limbert 2 40



PESA NSW 2018 Schedule of events and attendance (continued)

Table 2. Schedule of events.

Event Sponsor Date Topic Speaker Student

Attendees Total

Attendees

September Technical

Lunch -

Tuesday 11/9/18

Latest releases on the Darling Basin, The Bancannia Trough

and Pondie Range Trough Petroleum Data Packages

Larissa Gammidge

0 20

October Technical

Lunch -

Tuesday 9/10/18

How to Conceptualise and Prepare for a Successful Exploration Campaign

Balakrishnan Kunjan

1 30

PESA Golf Day

Oilfield Piping

Systems

Monday 22/10/18

- - - 90

Melbourne Cup and Oil Price

Prediction Lunch

- Tuesday 6/11/18

Oil Price Prediction Robert M

Ekstein 0 35

Christmas Party

- Tuesday

11/12/18 Brexit: The Impact on the Oil

and Gas Industry Max

Williamson 1 35



PESA NSW 2018 Branch Committee Members

Responsibility Name Organisation Meetings Attended

President, Federal Rep Alex Bruce Bridgeport 10 of 11

Immediate Past President Scott Keenan Oil Search 1 of 3

Vice-President Phillip Cooney Consultant 9 of 11

Treasurer/ Committee Michelle Spooner Horizon 5 of 11

Treasurer Samuel

McDermott Geological Survey of

NSW 6 of 7

Secretary Andrew Riznyczok Bridgeport 10 of 11

PESA News Publicity Amandeep Kaur Bridgeport 3 of 11

Student Liaison Mary Nguyen Oil Search 8 of 11

Committee Mark Larsen Denison Gas 2 of 11

Committee Max Williamson Willtax Consulting 6 of 11

Committee Mark Adamson Consultant 5 of 11

Committee Eyad Yousef Horizon 6 of 8

Committee Ann-Marie Scott Consultant 4 of 7

Golf Committee Representative

Barry Smith Bridgeport -

Table 3. NSW Branch committee members.

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