Skip to main content FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited Investor Presentation | Shale Experts
Loading...
Pm

FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited

Austin Exploration Limited · Feb 10, 2012 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 1
    Austin Exploration Limited ACN 114 198 471 Listed on the Australian Securities Exchange (AKK) and the OTC-QX International in the USA (AUN-XY) For Immediate Release For personal use only The Manager 20 February 2012 Companies…
  2. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 2
    For personal use only Austin Exploration Limited A highly leveraged E&P company with an aggressive growth strategy Our mission is to deliver multiple returns on investment for investors through early entry into large resource…
  3. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 3
    Significant Worldwide Assets For personal use only Focusing on its highly prospective Niobrara and Eagle Ford Shale assets where multiple wells are planned for the coming months Niobrara Shale Colorado 40.0mmbbl P50 NI 5101…
  4. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 4
    Austin Exploration - Overview For personal use only Large Shale Resource Indicates Multiple Return Potential Eagle Ford shale in East Texas 42.6mmbl P50 NI 51-101 resource Niobrara shale in South Colorado 40.0mmbbl P50 NI 51-101…
  5. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 5
    Investor Highlights For personal use only Investment Rationale Comments Concentrated footprint in US, Approximately 150 300 well locations in the U.S. focused on prolific Eagle Ford Eagle Ford and Niobrara Top 2 of 3 unconventional…
  6. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 6
    Corporate Snapshot For personal use only Corporate Statistics AKK 12 Month Historical Share Price Performance Shares On Issue (ASX : AKK) 637m 0.05 90.0 Closing Price (A) Million Shares Daily Volume Traded On-Market Daily…
  7. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 7
    Experienced Board of Directors For personal use only Mr. Richard Cottee, Chairman of the Board (effective 22 March 2012) Mr. Cottee is the former CEO of the one of Australias most successful oil and gas industry growth stories…
  8. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 8
    Deep US Based Management Team For personal use only Board of Directors ASX & Austin Exploration NY-OTCQX Australia Ltd Listed U.S.A. Based Austin Exploration Subsidiary North America (Aus-Tex) Kentucky Exploration Inc.…
  9. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 9
    Niobrara Project For personal use only Location Fremont & Custer County, Colorado T 18-21S, R68-70W Acreage: 11,560 acres Fairly contiguous acreage with a flat terrain Primary target: Niobrara formation Appraisal Plan Drill…
  10. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 10
    Niobrara Project For personal use only Appraisal, not exploration Surrounded by proven oil production emanating from Niobrara shale Evidence of thick Niobrara section, average Niobrara thickness is 560 feet Evidence of high…
  11. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 11
    Targeted Niobrara Horizontal Well Economics For personal use only Individual Well Profile Individual Well Type Curve Initial Production 600 BOPD 700 600 EUR (gross) 280,000 Bbls Average BOPD 500 Cost Per Well 5,000,000 400…
  12. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 12
    Eagle Ford Project For personal use only Location Burleson county, Texas Acreage: 5,000 acres Primary target: Eagle Ford formation Oil/wet gas window Appraisal Plan First vertical well (Krueger 1) successfully drilled to…
  13. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 13
    Eagle Ford Project For personal use only Appraisal, not exploration Importantly, located in oil/wet gas window of the play Interpreted thickness of 300 feet in Eagle Ford formation Results of 12 nearby wells, all with production,…
  14. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 14
    Targeted Eagle Ford Horizontal Well Economics For personal use only Individual Well Profile Individual Well Type Curve Initial Production 600 BOPD 700 600 EUR (gross) 264,000 Bbls Average, BOPD 500 Cost Per Well 6,500,000…
  15. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 15
    PEL 105 Cooper Basin Project For personal use only Location Cooper Basin, Australia Acreage: 5,000 acres Targets: Patchawarra and Tirrawarra formations Interest: AKK holds a 50% working interest Exploration Plan Pirie-1 well…
  16. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 16
    Current Producing Assets For personal use only Kentucky Mississippi Texas Park City Field Ellislie Yolanda 17 gas wells over 900 acres Adams County, Mississippi Dimmit County, Texas Potential for gas gathering TD at 6585 ft 36% WI &…
  17. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 17
    Proven Production Growth For personal use only 30,000 25,000 Production, Bbls 20,000 15,000 10,000 5,000 0 2010 Qtr 3 2010 Qtr 4 2011 Qtr 1 2011 Qtr 2 2011 Qtr 3 2011 Qtr 4 Production growth Cumulative Production…
  18. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 18
    2012 Proposed Drilling Schedule For personal use only Proposed 2012 Drilling Schedule (1) Drilling Activities Shale Vertical Well Horizontal Well Q2 Frack first vertical well in Eagle Ford (2) 48% Q2 Drill and frack second…
  19. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 19
    Long Term Outlook For personal use only Base Case High Case Projected 2012 2013 2014 2015 2016 2017 Projected 2012 2013 2014 2015 2016 2017 Revenue Revenue Colorado 4.80 31.84 65.74 103.39 134.73 175.13 Colorado 5.24 34.74 71.72…
  20. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 20
    Peer Comparison For personal use only A peer comparison highlights the significant value uplift possible for Austin as it proves-up its Eagle Ford and Niobrara Shale Projects Source: Hartleys Research Austin 20 Exploration
  21. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 21
    Recap Investment Highlights For personal use only Substantial exposure to Niobrara and Eagle Ford development; positive results are expected from multiple wells over coming months Stable long life, oil weighted development with…
  22. FEBRUARY 2012 COMPANY UPDATE – Austin Exploration Limited – slide 22
    Corporate Information For personal use only Austin Exploration Limited Level 1, 160 Queen St. Melbourne, VIC, 3000 Australia (614) 1903 5297 Phone (618) 8339 7909 Fax www.austinexploration.com Aus-Tex Exploration Inc. Transfer…

From the store

Browse maps, data & reports in the Shale Experts store