Oil & Gas Production and Development Company OTC.QX: ATXDY ASX:AOK Corporate Presentation September 2011 Managing Director Daniel Lanskey
INTRODUCTION September 2011 Investor Update Value Proposition Australian Listed Exploration and Production Company Liquid Rich Projects - Strategic Acreage position in world class OIL plays Oklahoma and Kansas USA High working…
INTRODUCTION September 2011 Investor Update CAPITAL STRUCTURE TOP 20 SHAREHOLDERS Shares % IROQUOIS CAPITAL OPPORTUNTIY FUND LP 27,272,727 9.7 ASX code AOK KWANG HOU HUNG 15,000,000 5.3 Ordinary Shares on Issue (m)* 280.5 PHESOJ…
BOARD AND MANAGEMENT TEAM September 2011 Investor Update Dr Peter Power 50 years experience in hydrocarbon exploration worldwide - Geologist. Non Executive Senior management positions with International Majors - Unocal and Union Texas.…
BOARD AND MANAGEMENT TEAM (CONTD) September 2011 Investor Update Luis Vierma GeoChemist Bachelor Degree in Chemistry Masters degree in Geology (Geochemistry of Petroleum) USA Formerly Deputy Chairman of OPEC Long Term Strategy Vice…
BOARD AND MANAGEMENT TEAM (CONTD) September 2011 Investor Update Justin Clyne Admitted as a Solicitor of the Supreme Court of NSW and the High Court of Australia in 1996 before Company Secretary gaining admission as a Barrister in 1998…
TECHNICAL CONSULTANTS September 2011 Investor Update Iromad LLC Daniel Smith, Consultant Registered Professional Engineer in Petroleum Engineering - Bachelor of Science (Chemical Engineering) Previously operations engineer…
Company Structure September 2011 Investor Update AusTex Oil Limited (ASX Code AOK) International Energy Corp International Energy Corp International Energy Corp (Oklahoma) (Northern Oklahoma) (Kansas) Oil and Gas Assets…
GROSS SALES September 2011 Investor Update 4.0 3.6 3.5 3.0 2.5 2.0 1.5 1.4 1.0 0.63 0.5 0.0 Yr Ended Mar 2009 Yr Ended Mar 2010 Yr Ending Mar 2011 10 10
OIL AND GAS LEASE LOCATIONS September 2011 Investor Update USA OPERATIONS International Energy Corporation Tulsa Office 1801 East 71st Street Southern Hills TULSA OK Northern Oklahoma 6,000 acres Conventional Oil & Gas…
USA ONSHORE OIL PLAYS HEAT UP September 2011 Investor Update Key Drivers of resurgence in USA Mid Continent Oil Mississippi Lime Development his hot, new horizontal oil play in Oklahoma T and Kansas has legacy lease-holders…
MISSISSIPPI LIME OSAGEAN SERIES September 2011 Investor Update 13
HORIZONTAL MISSISSIPPIAN PLAY September 2011 Investor Update Pennsylvanian *Multiple lenses *Not ubiquitous *0 to 100 thick *current HZ target *Underlies entire trend *50 to 300 thick *stores massive HC volumes *Promising…
Mississippian Type Log Tara 1-33 (Kay Co., OK) Mississippian Unconformity Chat lens == 0.08-0.30 Solid 0.03-0.08 NATURALLY FRACTURED Woodford Shale Most HZ activity in the trend is in the more porous MS Chat. Cejas…
HORIZONTAL MISSISSIPPIAN OIL - PERFORMANCE September 2011 Investor Update DAYS Source: SandRidge Energy 16 16
MISSISSIPPIAN REGIONAL PLAY September 2011 Investor Update KS OK Chesapeake SandRidge Ceja Range Res Green Circles MS Solid Producers Red Circles MS Chat Producers Blue dashed outlines = Recent HZ activity Contours:…
MISSISSIPPI LIME NOTABLE PLAYERS September 2011 Investor Update Range Resource (NYSE:RRC) 52,000 net acres 50% Held by Production (AOK neighbour) 108 well location EUR 407 Mboe /well Cost 3.1 million per well 80% IRR 2200…
KAY/NOBLE COUNTIES - OKLAHOMA September 2011 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 Range: Billy 3-26H Ceja:…
NORTHERN OKLAHOMA September 2011 Investor Update International Energy Corporation (Northern Oklahoma) 100% Subsidiary Kay and Noble County - AOK 100% WI 81.25% NRI Mississippi Lime Play 6,000+ acres Vertical Wells to 5,000 feet 10…
TULSA REGION September 2011 Investor Update International Energy Corporation (Oklahoma) 100% Subsidiary - Operator Tulsa Surrounds AOK 100% WI 80% NRI Shallow oil play / secondary recovery / gas Cleveland Sst 1600 acres 10 acre…
TULSA REGION ADDITIONAL TARGETS September 2011 Investor Update CLEVELAND 700 22
KANSAS September 2011 Investor Update International Energy Corporation (Kansas) 100% Subsidiary Kansas AOK WI 30-53% - NRI 25% - 43.5% Oil Multiple Projects - 65,000 acres Exploration Cooper Project 26,500 acres, 3D seismic,…
KANSAS GEOLOGY September 2011 Investor Update Strat Potential at core Mississippian pinch-out around Central KS Uplift is AOK Lease Locations focus of recent land bonanza; including the entre of majors 24 24
CORPORATE AND FIELD ACTIVITY September 2011 Investor Update Target Sep Qtr Dec Qtr 11 Corporate Audit and Reserve Report In Progress North American Investor In Progress Ongoing Presentation and Listing Tulsa Region Multiple…
Summary September 2011 Investor Update Highly prospective acreage with the Right Address - 70,000 acres OIL Targets Demonstrated Revenue Growth - 3.6m Year ended March 31 2011 Targeting Production Growth from Drill bit Activity…
CONTACT DETAILS September 2011 Investor Update Australia Managing Director - Daniel Lanskey Level 57, MLC Centre, 19-29 Martin Place, SYDNEY NSW 2000 Tel. (02) 9238 2363 Email infoaustexoil.com USA Executive…
HORIZONTAL MISSISSIPPI ECONOMICS September 2011 Investor Update Source: Range Resources NYSE:RRC 28 28
HORIZONTAL MISSISSIPPI COMPS September 2011 Investor Update 29 29
KAY COUNTY HIGHER LIQUID RATIO September 2011 Investor Update 30 30
MID CONTINENT RESULTS September 2011 Investor Update Source: Chesapeake Energy NYSE:CHK 31 31
HORIZONTAL WELL PERFORMANCE September 2011 Investor Update Source: SandRidge Energy NYSE:SD 32 32
MISSISSIPPI LIME COMPS September 2011 Investor Update 33 33