Rodman & Renshaw Annual Global Investment Conference New York, September 13, 2011 Falcon Oil & Gas Ltd. 1875 Lawrence Avenue, Suite 1400 Denver CO 80202 T: +1.303.893.1800 TSXV: FO
Falcon Oil & Gas Ltd. Falcon is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources Canadian publicly traded company…
Falcon Oil & Gas Ltd. Falcons technical team recognized as experts in identifying new prospective basins with major resource potential 4
Falcon Oil & Gas Ltd. Successful history of working relations with community stakeholders and environmental and regulatory agencies Falcon Operations in the Mak Trough 5
Falcon Business Model Steady Explosive Growth Capitalize Success Rapid Development Unlock Value Focused Commercialization Production Testing Program JV Partnering Generate New Opportunities Platform Large scale project…
Falcon Oil & Gas Growth Plan Developed Recent transactions demonstrate Production History 100s of wells drilled increasing market value of acreage 5,000 30,000 / acre positions as they progress through the Appraisal Consol / Noble…
Portfolio of significant acreage positions in three strategic areas Stable political regimes, royalty-based systems and access to emerging or growing markets 245,775 acres in the Mak Trough, Central Pannonian Basin Long term…
Share and Ownership Information Falcon Oil & Gas Ltd. (TSXV: FO) Current Share Ownership Share Price (September 7, 2011) CAD 0.13 Market Cap CAD 90 Million Shares Outstanding 694 Million Average Daily Volume (3 months) 560,000…
Management and Directors Management Board of Directors Robert Macaulay, CEO John Craven, Chairman Rod Wallis, COO Robert C. Macaulay Evan Wasoff, CFO Daryl Gilbert Dr. Gyrgy Szab, Managing Director TXM Joachim Conrad Thomas G.…
MAK TROUGH, HUNGARY 11
Asset Summary 100% interest in 245,775 acre, 35-year Production License, granted in 2007 RPS Scotia estimates resource potential of 44 TCF and 1 MMBO 5km from the Algy Field, 2.5TCF, 220MMBO produced (MOL) Licence area…
Work History Falcon TXM Work history 2005-2009 1,000 sq km of 3D seismic data acquired 7 vertical wells drilled and tested Pusztaszer - 1 (2005) 250 mcfd + 250 bwpd Szkkutas - 1 (2006) 1,500 mcfpd Mak 6 (2006) 700 mcfpd Mak 7…
Potential Algy Formation (2,300m 3,500m) Recent G&G study and interpretation of shallow Algy formation Multiple targets at top of Szolnok in the Algy Formation from AVO analysis pervasively across basin Deeper Formations: With…
NIS Joint Venture in Algy Formation Location of Algy prospects/leads within Production License LOI announced with Naftna Industrija Srbije (NIS) on June 9, 2011 to explore the Algy Play NIS to drill to 3 wells before end of 2012…
BEETALOO BASIN, AUSTRALIA 16
Falcon Oil & Gas Australia Ltd. Management Board of Directors Robert Macaulay, CEO Robert Macaulay, Chairman Rod Wallis, COO Igor Akhmerov Falcon Oil & Gas Ltd is the Evan Wasoff, CFO John Craven John Carroll, NT Representative…
Asset Summary 100% interest in 4 exploration permits in the Northern Territory, Australia 7,000,000 acres covering the majority of the Beetaloo Basin Located 600km south of Darwin, a major industrial and export market Local…
Beetaloo Basin, Australia vs. US Unconventional Plays Beetaloo Basin outline Maps and field outlines at same scale
Beetaloo Basin, Australia 3 Principal Petroleum Systems Upper Kyalla Shallowest The Beetaloo Basin contains the worlds oldest, (500 m) live petroleum systems with rocks dating back 2 billion years Lower Kyalla 11 wells…
Hess Beetaloo/Falcon Australia JV Work Program Hess Joint Venture, July 2011 Cash payment of 17.5 million Bottom hole contribution of 2 million after Shenandoah1 test Hess to acquire a minimum of 40 million worth of seismic…
Shenandoah 1 Vertical Test Plan 2011: Post-Cambrian Tindall Lm. Antrim Vol. Bukalara Ss. Hayfield Mdst. Hayfield Ss. Jamison Ss. U. Kyalla Sh. M. Kyalla Ss. * Test the Lower Kyalla L. Kyalla Sh. Unconventional Wet Shale…
Geologic Map Showing the 2012 EP99 Seismic Program EP99 Seismic Program EP99 23
KAROO BASIN, SOUTH AFRICA Falcon TCP Area 24
Opportunity Summary Falcon currently has a Technical Cooperation Permit and has applied for an Exploration Licence on 7.5 million acres in the Karoo Basin EIA (Apr 2011) estimate 485 TCF recoverable resource in Karoo Basin Market…
Highly Competitive Position in the Karoo Adjacent to Shell application area and Sasol/Statoil/Chesapeake TCP area 26
Highly Competitive Position in the Karoo Falcons acreage is strategically placed in most geographically accessible area (not covered by dolorites) Dolerite caps Cranemere well CR-1/68 in adjacent permit flowed 1.8 MMCFPD…
Falcon Activity Public consultation and Environmental Management Plan completed Falcon has planned seismic activity pending granting of licence Current moratorium on Exploration Licences government review of regulations Field…
FOCUS FOR 2011 - 2012 Hungary: o Finalize agreement with strategic partner NIS (Q4, 2011) and launch drilling program of three Algy formation prospects on Falcons Mak Trough asset (Q1, 2012) o Conduct deep test on existing well bore…
Why Invest in Falcon 15 million acres of highly prospective oil and gas shale leases Near term catalysts for increasing share value Diversified Exploration portfolio for longer term Geological, Political, Evaluation Cycle…