For personal use only Emerald Oil & Gas NL Green River Basin Opportunity
EMR Green River Basin (GRB) Opportunity For personal use only Acquire 45% of New Frontier Energy Incs interests in GRB A Assets ffor 10 10m cash h and d 125 125m EMR shares: h Approx 65,000 gross acres contiguous mineral…
EMR Capital Structure after NFE Transaction For personal use only shares options (million) (million) C Current t iissued d equity it 270 97 New Frontier consideration 125 Capital raising 375 106* Pelagic / Ochre agreement 15…
For personal use only Green River G Ri B Basin i GRB Niobrara play Niobrara Shale Oil Play Green River Basin Outline Emerald / Entek Acreage
Niobrara Shale Oil Play Evolution For personal use only DJ Basin Green River Basin DJ Basin Green River Basin EOG d drilled ill d fifirstt successful f lhhorizontal i t l wellll A few f vertical ti l Niobrara Ni b oilil…
Shale Oil Plays in the US Market For personal use only Investors are willing to capitalize companies to acquire undeveloped acreage positions in high profile shale oil plays in the Rocky Mountains and Southwest (Niobrara, Bakken,…
GRB Opportunity Status and Forward plans For personal use only 1. Complete capital raising 0.05 per share a. 375m shares underwritten 0.05 (18.75m) b. Expect to raise approx 20m 2. Close NFE transaction a. Issue 125m Shares to…