US Focused Oil & Gas Production and Development Company Corporate Presentation The Mississippian May 2012 A World Class, Low Risk Shallow Oil Play Dan Lanskey +61 408-885-018
INTRODUCTION OTCQX:ATXDY ASX:AOK May 2012 Investor Update Highly prospective acreage USA Mid Continent 23,000 net acres in Prolific Mississippi Lime Play World Class Reservoir Growing oil production from High graded drill…
CORPORATE SNAPSHOT OTCQX:ATXDY ASX:AOK May 2012 Investor Update CAPITAL STRUCTURE ASX code AOK Ordinary Shares on Issue (m)* 312.3 QX International ADR (1:50) ATXDY Options on issue (m) 55.75 TOP SHAREHOLDERS Shares % Market Cap.…
MAJORS FOCUS ON LIQUID RICH PLAYS OTCQX:ATXDY ASX:AOK May 2012 Investor Update Mississippian 17 Million acres Vast Resource Potential AusTex 23,000 net acres AusTex Project Locations 5 5
TECHNOLOGY DRIVING OIL RENAISSANCE OTCQX:ATXDY ASX:AOK May 2012 Investor Update Drilling and completion technology that made Shale Gas attractive now being deployed in known Liquid Rich Carbonate Reservoirs Water drive…
AUSTEX TARGETING OIL RICH PROJECTS OTCQX:ATXDY ASX:AOK May 2012 Investor Update Mississippian Potential Shallow, Carbonate Oil Play 17 million acre area EUR 300-500 Mboe/Hor. Well Central EUR 60-100 Mboe/Vert. Well Kansas SWD…
MISSISSIPPI LIME AREA OF INTEREST OTCQX:ATXDY ASX:AOK May 2012 Investor Update Rapidly developing Play Over 400 horizontal wells drilled since 2009 SandRidge plans 380 horizontal wells 2012* 65 Drilling Rigs active Significant…
CRITICAL INFRASTRUCTURE IN PLACE Oil Refinery East Tonkawa Unit 15-4 and 14-5 Snake River Project Mustang Gas Compression Station 9
SNAKE RIVER PROJECT NORTHERN OKLAHOMA OTCQX:ATXDY ASX:AOK May 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 Range:…
FIELD ACTIVITY SURROUNDING AUSTEX SNAKE RIVER PROJECT Well Site Preparation New Horizontal Well Blubaugh Well Two Rigs Drilling Verticals Range Resources Range Resources AusTex Oil 100% Dan Darling Drilling East Tonkawa Unit…
SNAKE RIVER PROJECT EAST TONKAWA UNIT OTCQX:ATXDY ASX:AOK May 2012 Investor Update ETU 15-4 (AOK - 100%) September 2011 Deepened to 4,650 feet ETU 14-5 Identified 320 feet gross Miss Lime interval ETU 15-4 2 stage frac Chert /…
SNAKE RIVER PROJECT BALDER 1 HORIZONTAL WELL OTCQX:ATXDY ASX:AOK May 2012 Investor Update BALDER 1 Horizontal Well (13.75%) April 2012 Multiple Horizontal locations - anticipated 160 acre spacing Drilled in participation with…
SNAKE RIVER PROJECT BLUBAUGH LEASES OTCQX:ATXDY ASX:AOK May 2012 Investor Update Tank Battery 2nd Development Hub - AOK 100% 21-2 21-3 SWD Infrastructure completed May 2012 Access Road Flow Lines 21-1 (Orange) SWD…
KAY COUNTY HORIZONTAL WELL ECONOMICS OTCQX:ATXDY ASX:AOK May 2012 Investor Update Drill & Complete F&D LOE EUR IRR NPV 3.1M 9.78/boe 8-9/boe 400-500 Mboe 60-90% 4.5m - 5.4m Source:- Range Resources Corp March 2012 15 15
KANSAS PROJECT OVERVIEW OTCQX:ATXDY ASX:AOK May 2012 Investor Update Kansas Exploration and Development upside Cooper Project Producing 11,600 acres of 3D seismic 53% WI 43% NRI Discovery well Clark 1 drilled in 2010 WI 53% NRI…
VERTICAL WELL DST AND EUR COMPARISON OTCQX:ATXDY ASX:AOK May 2012 Investor Update Vertical Well Performance 17 17
SEISMIC CONFIRMS MISSISSIPPI LIME OTCQX:ATXDY ASX:AOK May 2012 Investor Update Colby Project Miss Lime Colby Project 15,500 acre Seismic Shoot 2012 - Chase 1 Well Log 1966 18 18
PROJECT SUMMARY OTCQX:ATXDY ASX:AOK OKLAHOMA May 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 - ETU…
DRILLING SUCCESS GROWS CASH FLOW OTCQX:ATXDY ASX:AOK May 2012 Investor Update Quarterly cash flow after royalties Margins increase from tighter cost control 20 20
FORWARD PLAN OTCQX:ATXDY ASX:AOK May 2012 Investor Update Target 6mths ending June 2012 6 months ending Dec 2012 Corporate and Field Activity Corporate TSX Listing Complete audit and reserve Target Listing period based on reports…
INVESTMENT HIGHLIGHTS OTCQX:ATXDY ASX:AOK May 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 May 2012 Investor Update AusTex Oil Limited USA Public Relations Richard Adrey Ben Jarvis Executive Chairman 02 9230 0661 +1 918 743 7300 Australia Daniel Lanskey Managing Director Geoff Barnes or…
OTCQX:ATXDY ASX:AOK May 2012 Investor Update APPENDICES 24 24
BOARD AND MANAGEMENT OTCQX:ATXDY ASX:AOK May 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 May 2012 Investor Update Luis Vierma GeoChemist Bachelor Degree in Chemistry Masters degree in Geology (Geochemistry of Petroleum) Non Executive Director Formerly USA Deputy Chairman of…
TECHNICAL CONSULTANTS OTCQX:ATXDY ASX:AOK May 2012 Investor Update Daniel Smith, Consultant Registered Professional Engineer in Petroleum Engineering - Bachelor of Science (Chemical Engineering) Previously operations engineer…
USA - INFRASTRUCTURE RICH OTCQX:ATXDY ASX:AOK May 2012 Investor Update 28 28