UK Investor Show London 18 April, 2015 Onshore Oil & Gas in the USA
America, the No. 1 oil producer o The US overtook Saudi Arabia and became the worlds largest producer in October of 2013. o In the same month, China became the worlds largest importer of oil, surpassing the US. o Production…
Reversed trend of US oil reserves In 3 years decline in reserves reversed from past 30 years. Source: EIA 3
Technology makes the dierence Source: Brigham Exploration (Statoil) 4
Technology makes the dierence Source: Brigham Exploration (Statoil) 5
Stacked pay - W. OK / TX Panhandle 6
Nostra Terra - Overview New Oil from Old Fields Liquids, not gas; Conventional, not Unconventional Application of modern technologies in seismic, logging, horizontal drilling and completion techniques in tight reservoirs where not…
Nostra Terra Focus Areas 8
New Oil from Old Fields - Example Section / 1 sq mi (640 acres) Previous wells drilled on 40 acre-spacingyet never optimally drained due to compartmentalization of the reservoir. New horizontal wells being drilled with great…
Operations - Chisholm Trail (OK) Nearly all wells exceeded expectations Multiple wells paid out in
White Bualo Big Horn Basin (WY) Prolific basin yet to explored with modern technology Oil gusher near Greybull, Wyo. 1922 11
12
White Bualo Prospect - Overview Nostra Terra acquired 100% WI in the White Buffalo Prospect Big Horn Basin a prolific basin in Wyoming Multiple indications of tight Phosphoria reservoir (bleeding core, limited recovery from DST,…
White Bualo Land Position Target area is 36 sq mi (23,000 acres) 6,100 net acres leased 100% Working Interest 80% Net Revenue Interest (NRI), min. Unitization could increase the potential area 14
White Bualo - Geological Assessment 3rd Party contracted by NTOG as part of due diligence: This project area is along strike from a large known stratigraphically trapped oil field, the brittleness of the formation, its position on…
South Texas - Additional Opportunities Actively pursuing additional acquisitions, on much larger scale, in areas such as Eagle Ford trend. Over 50 miles wide and 400 miles long (equivalent to 870 million acres). Multiple, stacked…
In Summary Horizontal drilling and completions applied to conventional, tight reservoirs Widespread usage in known reservoirs has led to a Renaissance of the oil and gas industry in USA and is having global impact New model of…
Nostra Terra Oil & Gas (UK) Finsgate 5-7 Cranwood Street London EC1V 9EE Matt Lofgran, CEO Email: mlofgranntog.co.uk Telephone: +1 480 993 8933 www.ntog.co.uk Churchill Operating (US) 4849 Greenville Ave. Suite 1250 Dallas, TX 75206…
Loading...
