Corporate Presentation March 2014 Nextraction drilling rig in Provost, AB
Management Team Board of Directors Kent Edney, P.Eng, President Eric H. Carlson, CA, Chairman 11 years of extensive operational and technical experience in western President & CEO of Anthem Properties, over 18 years Canada, managing…
KEY METRICS* TSX Venture Exchange NE Basic Shares Outstanding 42.5 Million Total Diluted Shares Outstanding 44.8 Million Stock Options 1.7 Million Warrants (at 0.25, expire June 19, 2015) 0.6 Million Insider Ownership (fully diluted)…
From Gas to Oil After the 2008 financial crisis, oil resumed its 10 year upward trend, while natural gas prices have remained relatively low due to the development of shale gas production in the United States In early 2011,…
Significant Light Oil Opportunity on Core Properties owned by Nextraction Provost (Viking Light Oil) EDSON 4.25 Sections (2720 acres) of land at 50% working interest 1 Section (640 acres) of land at 100% working interest Edmonton…
Nextraction Provost Viking Pool and Drill Program Existing NE 100% interest NE 13-6 Well NE 50% interest Proposed Well 5 Recently drilled (12-6) Long Run Exploration Wells First Proposed Well 4 (5-6) month rate of 80 bbls/d…
Nextraction is Drilling Top Ten Wells at Provost Out of 68 wells in a 35 township Peak Monthly Rate area, Nextractions wells Rate After 12 Months significantly outperform the average well in the Provost area 105 After 12 months of…
Nextraction Provost Type Well and Attractive Economics Recoverable Reserves High Case 100 Mbbl Median Case 85 Mbbl Low Case 70 Mbbl Actual Wells Proven Reserves Locations Type Well Recoverable 1st Month Full Cycle NPV 10%…
Nextraction 12 Month Provost Capital Program and Corporate Growth Profile Project Working Projected Interest Cost Drill Drill Drill 12-36 well 100% 1.5MM Well 4 Well 5 Drill Drill 13-36 well 50% 0.75MM Well 3 Drill 5-36 well 50%…
Pinedale, Wyoming Nextraction owns 1,900 net acres on the northern extents of the Pinedale Anticline in western Wyoming, USA. Noble 6-24 well drilled in June 2010 Shut in December 2011 due to depressed natural gas prices Resumed…
Twelve Month Plan and Opportunity Drill 5 horizontal wells in Provost Joint Venture partner in penalty on first well which is currently producing 4.5 million needed to drill, complete, and equip all 5 wells 3.0 million of new funds,…
Investment Opportunity Why Nextraction Focused, growth oriented light oil company Geological, engineering and operational expertise in the areas we operate Well positioned for continued production and reserve growth through an…
Contact Information Kent Edney, P.Eng. Calgary Head Office President 104 2nd Street SW Phone: (403) 514-2373 Calgary, Alberta Fax: (403) 514-8020 email: kedneynextraction.com Scott Badcock, CA Mailing Address Chief Financial…