Targeting - Light Oil Sweet Spot of the Mississippi Lime Play Investor Presentation November 2012 Dan Lanskey +61 408-885-018 Richard Adrey +1 918 743 7300
INVESTMENT HIGHLIGHTS ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Mississippi Lime has emerged as one of the top light oil plays in North America AusTex provides strong leverage to the play with 23,000 net acres in…
CORPORATE SNAPSHOT ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation CAPITAL STRUCTURE SHARE PRICE 1 ASX code AOK Last Price (A) 0.125 Ordinary shares on issue (m) 432.9 Market Cap. (Am) 51.95 Cash (After Placement…
MISSISSIPPI LIME - INTRODUCTION ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Shallow carbonate oil play which covers approximately 17m acres across Northern Oklahoma and Kansas Historical focus in the more permeable upper…
MISS LIME - ONE OF THE TOP LIGHT OIL PLAYS IN THE US ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Mississippi Lime has emerged as one of the top light oil plays in the US SandRidge was the early driver of the play and…
MISSISSIPPI LIME SECTOR LEADING ECONOMICS ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation 100% 90% Mississippian Nemaha Ridge IRR = 97% 80% 70% Average IRR 60% 50% 40% 30% 20% 10% 0% Source : Global Hunter…
SNAKE RIVER PROJECT IDEALLY LOCATED ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation AusTex Snake River Project Source Range Resources, July 2012 8 8
MISSISSIPPI LIME - NEMAHA RIDGE ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Nemaha Ridge (uplift) High oil content east of Nemaha Ridge Miss Lime Interval Gross thickness: 300 feet +/- Chert 30 feet + Higher…
SNAKE RIVER PROJECT OVERVIEW ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation 5,500 acres (100% WI) in the light oil sweet spot of the Mississippi Lime Play Both horizontal and vertical well drilling programs ETU 14-5 Best…
SNAKE RIVER PROJECT HORIZONTAL WELLS ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation First horizontal well, Balder 1-30N AOK 13.76% WI Operator Range Resources Corp. Well successfully reached TMD at 8,952 feet 3,911 foot…
SNAKE RIVER PROJECT HORIZONTAL WELLS ASX:AOK OTCQX:ATXDY November 2012 Capital Raising Presentation Drill & Complete F&D LOE EUR IRR NPV 3.4m 7.27/boe 8-9/boe 600 Mboe 100% 7.1m Horizontal Rig on Balder 1-30N Source Range…
SNAKE RIVER PROJECT VERTICAL WELLS ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Drilled 11 vertical wells to date (including one SWD well) AOK 100% WI ETU 14-5 Ongoing two well per month program ETU 15-4 Wells show…
KANSAS PROJECT OVERVIEW ASX:AOK OTCQX:ATXDY November 2012 Capital Raising Presentation AusTex has an interest in c. 17,500 net acres across three projects in Kansas Recent drill results and leasing activity support the extension of…
KANSAS PROJECT OVERVIEW ASX:AOK OTCQX:ATXDY November 2012 Capital Raising Presentation Cooper Project Producing 11,600 acres of 3D seismic 53% WI 43% NRI Discovery well Clark 1 drilled in 2010 WI 53% NRI 43.5% - Seismic ties to…
AUSTEX PRODUCTION & CASH FLOW ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation AOKs active well development program has required intermittent field shutdowns as construction of new surface infrastructure for new vertical wells…
AUSTEX FORWARD ACTIVITY ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Snake River Horizontal Well Program Hod 1-19H drilled in October / November 2012 (8.47% WI), with a further 2 horizontal wells to be drilled in Section…
SUMMARY ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Strategic holdings in the light oil sweet spot of the Mississippi Lime Play one of the premier unconventional plays in the US Significant drilling ramp up and…
CONTACTS ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation AusTex Oil Limited USA Richard Adrey Executive Chairman +1 918 743 7300 Australia Daniel Lanskey Managing Director +61 408 885018 www.austexoil.com 20…
ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation APPENDICES 21 21
BOARD AND MANAGEMENT ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Richard Adrey President and Founder of International Energy Corp Executive Chairman and Founder Former investment banker specializing in M&A USA Involvement…
BOARD AND MANAGEMENT ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Luis Vierma GeoChemist Bachelor Degree in Chemistry Masters degree in Geology (Geochemistry of Petroleum) Non Executive Director Formerly: USA Deputy Chairman…
INDEPENDENT RESERVE REPORT JUNE 2012 ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation Reserve Oil Reserves Gas Reserves BOE Undiscounted Cash 10% NPV Category Net Net Mboe Flow Cash Flow (Mbbl) (MMscf) 6:01 ( million) Proved…
PROJECT SUMMARY ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation OKLAHOMA Project Well Acreage WI NRI Status County, State Snake River - 5,500 100% 81.25% Development Producing Kay/Noble County, OK Production Hub No. 1 ETU…
PROJECT SUMMARY ASX:AOK OTCQX:ATXDY November 2012 Investor Presentation KANSAS Project Well Acreage WI NRI Status County, State Cooper - 11,600 53% 43.5% Development/Producing Sheridan, KS Clarke 1 Producing Lansing KC Group…