Corporate Presentation ASX Spotlight Conference March 2014 Tim Hoops Managing Director tim.hoopsstrata-x.com www.strata-x.com
Strata-X Energy Investment Highlights Management has proven track record and 18% ownership Early movers on large unconventional petroleum areas Four Company maker type projects Active drilling campaign Primary Focus USA shale oil…
Strata-X Energy a TSX-V / ASX dual listed company Share Split Total shares: 139,785,415 Options: 5,570,000 Warrants (avg C0.50) 20,648,654 Cash: A7.2 million Market Cap: A51.7 million (Assumes A37 cps) Share Price Chart…
Key Management have proven track record Ron Prefontaine Tim Hoops Non-Executive Chairman Managing Director/President 34 years in petroleum industry Colorado School of Mines Bsc.Geol. Exec Director of ASX Arrow Energy Engineering…
Strata-X Oil and Gas Projects in USA 6
Vail Oil Project Illinois Basin, Illinois 7
Why is Strata-X drilling in Illinois Illinois is a Proven and Mature Oil Province Production dates back to 1894 with over 4 billion barrels of oil produced to date Over 140,000 wells have been drilled, with 32,000 wells still…
Why is Strata-X drilling in Illinois Geological conditions are right for significant oil accumulations in Southern Illinois Excellent Source Rock New Albany Shale, +300 billion barrels generated (Higley, et al., 2001) Proven oil…
A 1,300 square kilometer oil accumulation is mapped Large unconventional oil accumulation Gas OCM Intersected by 100 wells G & OCM which had strong G & OCM indication of hydrocarbons OCM 1,067 to 1,520 metres Numerous O, G &…
Strata-X Illinois Acquisition Executed PSA on March 5, 2014 for: -23,595 net acres -1 producing horizontal well Anticipate PSA Closing no later than March 20, 2014 Consideration for acquisition USD2.25 million Further details…
Vail Oil Project Burkett 5-34HOR Summary Burkett 5-34HOR Well Successfully drilled and cored pilot well Successfully drilled and ran pipe through lateral Oil in core and drilling shows Halliburton contracted for Stimulation Early…
Drilling Program - Vertical Hole Prior to drilling, surface casing was pressure tested to insure the freshwater zones are protected. Drill vertically from the surface casing took a 59 foot core of the Lingle Fm. Encountered over…
Completion Plan Proposed Completion Method Multistage Reservoir Stimulation Planning a nitrogen assisted stimulation utilizing Halliburton technology 7 Stages sliding sleeve system The diagram below shows what a successful…
Vail Oil Project - Targeting an unconventional light oil accumulation Project Summary Illinois Basin Proven Oil Rich Basin 100% of 49,200 acres of 332,800 acre interpreted oil accumulation in interpreted 3 to 5 metre thick…
Maverick Oil Project Eagle Ford Shale, Texas 16
The Maverick Oil Project Eagle Ford Shale Fairway The Maverick Oil Project is: 100% WI in majority of acreage and operator of 10,945 net acres First well proved light 35-40 degree API oil with associated condensate and wet gas in…
Eagle Ford Shale hydrocarbon windows- Maverick Project is located on the oil/condensate boundary Strata-X Maverick Project: 10,945 net acres Terrace Energy: 300 BOPD IP Sanchez Energy: 900 BOEPD IP Newfield Energy: 1,130 BOEPD IP Slide…
Maverick Basin Activity Sanchez Energy: Cotulla Area 700+ locations identified/ 85 wells on production 175 BOPD/1800 mcfd Newfield Energy: 60 completed wells in Strata-X Acreage Maverick Basin SM Energy(Non-op): 10 rigs with 84…
Maverick Basin Approach Initial wells will be multistage vertical completions Initial test well cored entire Eagle Ford through Budda sequence 180 metre vertical oil and gas interval Core data indicates hydrocarbons through much…
Sleeping Giant Gas Project Williston Basin, North Dakota 21
The Sleeping Giant Project - shallow, low cost gas potential 100% of 145,000 acres under option Located on major regional structural high Niobrara 450 metre shallow gas with excellent analogs on trend Low cost production…
Evidence for Large Gas Accumulation Structure is Key in Biogenic Gas Play Strong Evidence of large regional structure 20+ leads and prospects mapped Gas flows 700 below structural highs Excellent Porosity Excellent TOC Good…
Economics benefits of low cost gas US Gas Prices Rising (Henry Hub Spot Price from EIA.gov 01/01/2012 thru 02/19/14) NYMEX near 6.00 12 month strip 4.83 Multiple Markets Low Finding and Development Cost Desirable Midwestern…
Canning Basin Canning Basin, Western Australia 25
Strata-X on trend with Emerging Laurel shale fairway Strata-Xs Canning Basin area: Strata-X successful bidder for 100% of a 1.4 million acre permit located on the Laurel shale fairway Laurel shale fairway emerging as having…
Key appraisal wells planned active schedule 27 All activities are subject to government approvals and equipment availability.
Strata-X has substantial near and medium term growth potential Management aligned with shareholders: Chairman and President own 18% of company Have a proven track record of shareholder growth 100% of Vail & Maverick…
Strata-X THANK YOU FOR YOUR INTEREST Tim Hoops Tim.HoopsStrata-X.com www.Strata-X.com 29
Supplemental Material 30
Definitions In this document, the abbreviations set forth below have the following meanings: Oil and Natural Gas Bbl barrel Bbls barrels Mbbls thousand barrels MMbbls million barrels Mcf thousand standard cubic feet MMcf million…
Loading...
