An Emerging Oil & Gas Producer g g ASX:AOK AOKO Investor Presentation Investor Presentation May 2011
INTRODUCTION May 2011 Investor Update Value Proposition Value Proposition Australian Listed Exploration and Production Company Oil focused Strategic Acreage position in sort after OIL plays Oklahoma and Kansas USA High working…
USA ONSHORE OIL PLAYS HOT UP May 2011 Investor Update Key Drivers of resurgence in USA Mid Continent Oil Key Drivers of resurgence in USA Mid Continent Oil Mississippi Lime Development This hot, new horizontal oil play in…
MAJORS LEAD MID CONTINENT REVIVAL Shale Plays are only part of the Story May 2011 Investor Update 5 5
3 Areas of Interest May 2011 Investor Update USA OPERATIONS I t International ti l Energy E Corporation C ti Tulsa Office 1801 East 71st Street Southern Hills 3 TULSA OK Northern Oklahoma 5,000 acres 1 Conventional Oil & Gas…
INTRODUCTION May 2011 Investor Update CAPITAL STRUCTURE TOP 20 SHAREHOLDERS Shares % KWANG HOU HUNG 15,000,000 6.6 ASX code AOK PHESOJ P/L 11,268,447 4.9 Ordinary Shares on Issue (m)* 226 Options on issue (m) RICHARD A ADREY…
BOARD AND MANAGEMENT TEAM May 2011 Investor Update Dr Peter Power 50 years experience in hydrocarbon exploration worldwide. Non Executive Non Executive Senior management positions with International Majors S i ii i hI i lM j U…
BOARD AND MANAGEMENT TEAM (CONTD) May 2011 Investor Update Dan Lanskey Vice President International Energy Corp OCC Operator M Managing Director & i Di t & Over 10 years senior management experience for a number of ventures in Asia,…
MISSISSIPPI LIME PLAY NORTHERN OKLAHOMA May 2011 Investor Update Range Resource (NYSE:RRC) 15,000 net acres 50% Held by Production (AOK neighbour) 108 well location EUR 300,000 BOE /well Cost 2.1 million per well 80% IRR 300700…
HORIZONTAL MISSISSIPPI PLAY May 2011 Investor Update PennsyLvanian Mississippi formation Massive mississippian WooDforD shaLe OrDovician ARBUCKlE NOT TO SCAlE ILLustration onLyLy 11 11
MISSISSIPPI LIME PLAY May 2011 Investor Update AOK Acreage Area of Play defined by SandRidge Energy 12 12
NORTHERN OKLAHOMA May 2011 Investor Update International Energy Corporation (Northern Oklahoma) 100% Subsidiary Kay and Noble County AOK 100% WI 81.25% NRI Mississippi Lime Play Oil 5,000+ acres (Targeting 10.000 acres) Development…
NORTHERN OKLAHOMA May 2011 Investor Update 14 14
NORTHERN OKLAHOMA ACTIVE DEVELOPERS May 2011 Investor Update AusTex Oil Limited us e O ed Calyx Energy LLC Ceja Corp. Chaparral Energy Inc. Chaparral Energy Inc. Chesapeake Energy Corp. Eagle Energy of Oklahoma LLC EOG…
TULSA REGION May 2011 Investor Update International Energy Corporation (Oklahoma) 100% Subsidiary Operator Tulsa Surrounds AOK 100% WI 80% NRI Shallow oil play / secondary recovery / gas 1600 acres 10 acre well spacing multiple…
TULSA REGION May 2011 Investor Update Simpson Series Formation Underlying the Woodford Shale 150 feet Gross Pay 150 feet Gross Pay 2400 feet below surface Sand intrusion control by completion 17 17
KANSAS May 2011 Investor Update International Energy Corporation (Kansas) 100% Subsidiary Kansas AOK WI 3053% NRI 25% 43.5% Oil Multiple Projects 70,000 acres Exploration Vertical drilling Pennsylvanian and Ordovician targets to…
Kansas May 2011 Investor Update COOPER PROJECT, SHERIDAN COUNTY 26,500 ACRES (53% WI, 46% NRI) Completed Lease Acquisitions during 2008 3D Seismic 2H 2008 20 plus prospects identified 20 plus prospects identified Multiple well…
Radial Jetting Technology May 2011 Investor Update Patented, proven, commercialized (SPE 68504 March 2001) Texas, Kentucky, Louisiana, Kansas, Oklahoma Key features One inch diameter hole horizontally up to 300 feet Greatly…
RADIAL JETTING TECHNOLOGY May 2011 Investor Update Down hole Assembly Explanation Down hole Assembly Explanation Shoe mounted on end of production string inserted down hole Depth set with wire line If h l i If hole is cased it is…
RADIAL JETTING TECHNOLOGY May 2011 Investor Update Surface equipment fitted to Well Head Truck mounted Stainless Steel tubing unit 22 22
RADIAL JETTING NOZZLE May 2011 Investor Update 23
NEXT STEPS GROW SHAREHOLDER VALUE May 2011 Investor Update TSX Listing Calendar Year 2011 Engaged TSX Advisor/Sponsor Kingsdale Capital Toronto Mature Oil and Gas Investor base Fully understand USA value proposition Reserve…
TIMETABLE FOR TSX LISTING (SUBJECT TO REVISION) May 2011 Investor Update Event Date of Completion Balance Date 31 March 2011 Audit and Reserve Report 31 May 2011 L d TSX A Lodge Application li ti J June 2011 Earliest…
CORPORATE AND FIELD ACTIVITY May 2011 Investor Update Target Jun Qtr 11 Sep Qtr Dec Qtr 11 Mar Qtr 12 Corporate Audit and Reserve Report TSX Application Nth American, Asian and Junior Oil and Gas Australian Marketing…
NORTH AMERICAN ACTIVITY BY ASX OILERS May 2011 Investor Update Antares Energy Limited (ASX:AZZ) 29 November 2010 Reports sale of Eagle Ford Acreage to Chesapeake for 200 million 23, 180 acres for 8,628 per acre A d Amadeus…
Summary May 2011 Investor Update On track to becoming an independent oil and gas producer g p g p 3 years young y y g Simple business model ready access to oil and gas market D Demonstrated Revenue Growth t t dR G th 4m…
CONTACT DETAILS May 2011 Investor Update Australia Managing Director Daniel Lanskey Level 57, MLC Centre, 1929 Martin Place, SYDNEY NSW 2000 SYDNEY NSW 2000 Tel. (02) 9238 2363 Email infoaustexoil.com USA Executive…