US Focused Oil & Gas Production and Development Company Corporate Presentation The Mississippian August 2012 A World Class, Low Risk Shallow Oil Play Dan Lanskey +61 408-885-018 Richard Adrey +1 918 743 7300
INTRODUCTION OTCQX:ATXDY ASX:AOK August 2012 Investor Update Highly prospective acreage USA Mid Continent 23,000 net acres in Prolific Mississippi Lime Play Oklahoma and Kansas - World Class Resource AusTex Current Production 300…
CORPORATE SNAPSHOT OTCQX:ATXDY ASX:AOK August 2012 Investor Update CAPITAL STRUCTURE TOP SHAREHOLDERS Shares % ASX code AOK 1 KWANG HOU HUNG 31,470,590 9.57% 2 CITICORP NOMINEES PTY LIMITED 24,793,040 7.54% Ordinary Shares on Issue…
INDEPENDENT RESERVE REPORT JUNE 2012 OTCQX:ATXDY ASX:AOK August 2012 Investor Update Reserve Oil Gas Reserves BOE Undiscounted 10% NPV Category Reserves Net Mboe Cash Flow Cash Flow Net (MMscf) 6:1 ( million) (Mbbl) Proved 252 657…
MAJORS FOCUS ON LIQUID RICH PLAYS OTCQX:ATXDY ASX:AOK August 2012 Investor Update Mississippian 17 Million acres Vast Resource Potential AusTex 23,000 net acres Source SandRidge Energy 2012 6 6
NORTHERN OKLAHOMA OTCQX:ATXDY ASX:AOK August 2012 Investor Update AusTex Snake River Project Source Range Resources July 2012 8 8
SCHEMATIC CROSS SECTION OTCQX:ATXDY ASX:AOK August 2012 Investor Update Source Vitruvian Exploration May 2011 9 9
NEMAHA RIDGE - LOCATION OTCQX:ATXDY ASX:AOK August 2012 Investor Update Nemaha Ridge (uplift) Location is Important Miss Lime Interval Gross thickness: 300 feet +/- Chert 30 feet + Higher structure provides access to more Chat…
SNAKE RIVER PROJECT NORTHERN OKLAHOMA OTCQX:ATXDY ASX:AOK August 2012 Investor Update Kay Co Ceja: Glasgow 3H & 4H Ceja: Paris B2 & 3H Ceja: Highly 4H Ceja: Washaki 2H & Cum 100 MBO Osage 3H Ceja: Benjamin 4&5…
CRITICAL INFRASTRUCTURE IN PLACE Oil Refinery East Tonkawa Unit 15-4 and 14-5 Snake River Project Mustang Gas Compression Station 12
SNAKE RIVER PROJECT DEVELOPMENT OTCQX:ATXDY ASX:AOK August 2012 Investor Update Vertical and Horizontal Wells Production Hubs SWD infrastructure established Why low risk Vertical Wells 100% WI 80%NRI ETU 14-5 Delineate Multiple…
MISSISSIPPI LIME INTERVAL OTCQX:ATXDY ASX:AOK August 2012 Investor Update Vertical Wells show consistent results Logs and Sample show 320 feet gross interval Distinct Chert Intervals (more than one) Porosity in excess of 20%…
VERTICAL PRODUCTION FROM MULTI FACIES OTCQX:ATXDY ASX:AOK August 2012 Investor Update Drill & Complete F&D LOE EUR IRR NPV 0.6M 10/boe 8-9/boe 60-100 Mboe 60-70% 1.2m Source Vitruvian Exploration May 2011 15 15
SNAKE RIVER PROJECT BALDER 1 HORIZONTAL WELL OTCQX:ATXDY ASX:AOK August 2012 Investor Update BALDER 1 Horizontal Well (13.76%) May 2012 Multiple Horizontal locations Increased density application 160 acre spacing EUR increase to…
KAY COUNTY HORIZONTAL WELL OTCQX:ATXDY ASX:AOK August 2012 Investor Update Drill & Complete F&D LOE EUR IRR NPV 3.4M 7.27/boe 8-9/boe 600 Mboe 100% 7.1m Source Range Resources July 2012 17 17
KAY COUNTY HORIZONTAL ECONOMICS OTCQX:ATXDY ASX:AOK August 2012 Investor Update Source Range Resources July 2012 18 18
KANSAS PROJECT OVERVIEW OTCQX:ATXDY ASX:AOK August 2012 Investor Update Kansas Exploration and Development upside Recognised now as Miss Lime Extension Cooper Project Producing 11,600 acres of 3D seismic 53% WI 43% NRI Discovery well…
APACHE ANNOUNCES MISS LIME POSITION OTCQX:ATXDY ASX:AOK August 2012 Investor Update Apache Corporation NYSE:APA announces 580,000 Miss Lime Acreage in Kansas Market Cap 34 Billion Apache Acreage AOK Colby and Cooper Projects…
MISSISSIPPIAN MULTIPLE STACKED PAYS OTCQX:ATXDY ASX:AOK August 2012 Investor Update Source Apache Corporation June 2012 21 21
PROJECT SUMMARY OTCQX:ATXDY ASX:AOK OKLAHOMA August 2012 Investor Update Project Well Acreage WI NRI Status County, State Snake River - 5,500 100% 81.25% Development Producing Kay/Noble County, OK ETU 14-5 - Producing Miss Lime -…
MONTHLY PRODUCTION OTCQX:ATXDY ASX:AOK August 2012 Investor Update 23 23
FORWARD PLAN OTCQX:ATXDY ASX:AOK August 2012 Investor Update Target September Quarter December Quarter March Quarter Corporate and Field Activity In progress Corporate TSX Listing Gowlings Lawyers engaged 51-101 and application…
INVESTMENT HIGHLIGHTS OTCQX:ATXDY ASX:AOK August 2012 Investor Update Highly prospective acreage in the prolific Mississippi Lime Play Growing oil production from high graded drill targets in a proven area Development Plan…
OTCQX:ATXDY ASX:AOK August 2012 Investor Update AusTex Oil Limited USA Richard Adrey Executive Chairman +1 918 743 7300 Australia Daniel Lanskey Managing Director +61 408 885018 www.austexoil.com 26 26
OTCQX:ATXDY ASX:AOK August 2012 Investor Update APPENDICES 27 27
BOARD AND MANAGEMENT OTCQX:ATXDY ASX:AOK August 2012 Investor Update Richard Adrey President and Founder of International Energy Corp Executive Chairman Former investment banker specializing in M&A and Founder USA Board and Management…
BOARD AND MANAGEMENT (CONTD) OTCQX:ATXDY ASX:AOK August 2012 Investor Update Luis Vierma GeoChemist Bachelor Degree in Chemistry Masters degree in Geology (Geochemistry of Petroleum) Non Executive Director Formerly USA Deputy Chairman…
TECHNICAL CONSULTANTS OTCQX:ATXDY ASX:AOK August 2012 Investor Update Dr Peter Power Geologist 50 years experience in hydrocarbon exploration worldwide Geologist PhD. Senior management positions with International Majors - Unocal…
USA - INFRASTRUCTURE RICH OTCQX:ATXDY ASX:AOK August 2012 Investor Update 31 31
DRILLING ON SNAKE RIVER PROJECT OTCQX:ATXDY ASX:AOK August 2012 Investor Update Vertical Rig on Blubaugh 21-3 Horizontal Rig on Balder 1-30N 32 32