Corporate Presentation June 201 4 Nextraction drilling rig in Provost, AB
Management Team Board of Directors K ent E dney, P.E ng, President E ric H . C arlson, C A , C hairman 1 2 years of extensive operational and technical experience in western C anada, President & C E O of Anthem Properties, over 1 8 years…
KE Y M E TRICS* TSX Venture E xchange NE Basic Shares O utstanding 42.5 Million Total D iluted Shares O utstanding 44.8 Million Stock O ptions 1 .7 Million Warrants (at 0.25, expire June 1 9, 201 5) 0.6 Million Insider O wnership…
Balanced Portfolio After the 2008 financial crisis oil resumed its 1 0 year upward trend while natural gas prices remained relatively low Recognizing this, N extraction acquired its Provost asset and focused capital on oil…
Provost, Alberta Viking O il Pool E xisting N extraction has 3 N E 14-7 Well producing horizontal (re-activation potential) wells on the property and 2 suspended horizontal wells that Recently drilled wells by E xisting could be…
N extraction is D rilling Top Ten Wells at Provost O ut of 1 21 wells in a 96 township Peak Monthly Rate area with at least 1 2 months of Rate After 1 2 Months production, N extractions 1 3-6 and Rate After 1 8 months 1 6-34 wells…
N extraction Provost Type Well and Attractive E conomics Recoverable Reserves H igh C ase 80 Mbbl Median C ase 60 Mbbl Low C ase 50 Mbbl Actual N extraction Wells Type Well Recoverable 1st Month Full Cycle N PV 10% Payout…
Pinedale, Wyoming Liquids-Rich N atural G as N extraction holds 1 60 acres at 1 00% working interest and 400 acres at 25% working interest The N oble 6-24 well, drilled in June 201 0, produces from 650 feet of net pay over a gross…
N oble 6-24 Well N oble 6-24 well drilled in June 201 0 Shut in D ecember 201 1 due to depressed natural gas prices Resumed production January 201 4, averaging 450 mcf/d and 1 4 bbls/d of oil and N G Ls over its first 90 days…
Investment O pportunity Why N extraction Focused, growth oriented company G eological, engineering and operational expertise in the areas we operate Well positioned for continued production and reserve growth through an extensive…
C ontact Information Kent E dney, P.E ng. Calgary Head Office President 1 04 2 nd Street SW Phone: (403) 51 4-2373 C algary, Alberta Fax: (403) 51 4-8020 email: kedney nextraction.com Scott Badcock, CA Mailing Address C hief F…