Targeting the Light Oil Sweet Spot of the Mississippi Lime Play Capital Raising Presentation October 2012 Dan Lanskey +61 408-885-018 Richard Adrey +1 918 743 7300
INVESTMENT HIGHLIGHTS ASX:AOK OTCQX:ATXDY October 2012 Capital Raising 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…
EQUITY RAISING OVERVIEW ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation AusTex Oil Limited (AusTex or the Company) is undertaking an equity raising of up to 12.5m (Offer) Offer details: a two-tranche s708 Placement…
CORPORATE SNAPSHOT ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation CAPITAL STRUCTURE SHARE PRICE 1 ASX code AOK 20.0 5.0 Last Price (A) 0.15 4.5 Ordinary shares on issue (m) 328.8 Shares issued in Placement (m) 83.3…
MISSISSIPPI LIME - INTRODUCTION ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Shallow carbonate oil play which covers approximately 17m acres from Northern Oklahoma and stretching into southern Kansas Historical focus…
MISS LIME - ONE OF THE TOP LIGHT OIL PLAYS IN THE US ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Mississippi Lime has emerged as one of the top light oil plays in the US SandRidge was the early driver of the play…
MISSISSIPPI LIME SECTOR LEADING ECONOMICS ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation 100% 90% Mississippian Nemaha Ridge IRR = 97% 80% 70% Average IRR 60% 50% 40% 30% 20% 10% 0% Source : Global…
SNAKE RIVER PROJECT IDEALLY LOCATED ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation AusTex Snake River Project Source Range Resources, July 2012 9 9
MISSISSIPPI LIME - NEMAHA RIDGE ASX:AOK OTCQX:ATXDY October 2012 Capital Raising 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 October 2012 Capital Raising 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…
SNAKE RIVER PROJECT PROJECT MAP ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation ETU 14-5 ETU 15-4 Balder 1-30N ETU Oil Storage Tanks AOK Acreage 12 12
SNAKE RIVER PROJECT HORIZONTAL WELLS ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation First horizontal well, Balder 1-30N drilled with Range AOK 13.76% WI Well successfully reached TMD at 8,952 feet 3,911 foot…
SNAKE RIVER PROJECT HORIZONTAL WELLS ASX:AOK OTCQX:ATXDY October 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 October 2012 Capital Raising Presentation Drilled 11 vertical wells to date (including one SWD well) AOK 100% WI ETU 14-5 Ongoing two well per month program Wells show…
KANSAS PROJECT OVERVIEW ASX:AOK OTCQX:ATXDY October 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 October 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 October 2012 Capital Raising Presentation AOKs active well development program has required intermittent field shutdowns as construction of new surface infrastructure for new vertical…
USE OF FUNDS ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Use of Funds Am Snake River Vertical Wells1 5.5 Snake River Horizontal Well Participation 1.5 Kansas Ellsworth2 0.4 Kansas Colby3 0.5 New acreage and well…
AUSTEX FORWARD ACTIVITY ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Snake River Horizontal Well Program Hod 1-19H scheduled to spud in October 2012 (8.33% WI), with a further 2 horizontal wells to be drilled in…
SUMMARY ASX:AOK OTCQX:ATXDY October 2012 Capital Raising 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 October 2012 Capital Raising Presentation AusTex Oil Limited USA Richard Adrey Executive Chairman +1 918 743 7300 Australia Daniel Lanskey Managing Director +61 408 885018…
ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation APPENDICES 23 23
BOARD AND MANAGEMENT ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Richard Adrey President and Founder of International Energy Corp Executive Chairman and Founder Former investment banker specializing in M&A USA…
INDEPENDENT RESERVE REPORT JUNE 2012 ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation Reserve Oil Reserves Gas Reserves BOE Undiscounted Cash 10% NPV Category Net Net Mboe Flow Cash Flow (Mbbl) (MMscf) 6:01 ( million)…
PROJECT SUMMARY ASX:AOK OTCQX:ATXDY October 2012 Capital Raising 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…
PROJECT SUMMARY ASX:AOK OTCQX:ATXDY October 2012 Capital Raising Presentation KANSAS Project Well Acreage WI NRI Status County, State Cooper - 11,600 53% 38% Development/Producing Sheridan, KS Clarke 1 Producing Lansing KC…
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