Corporate Presentation September 2014 Tim Hoops Managing Director tim.hoopsstrata-x.com www.strata-x.com
Strata-X Energy Why Invest Illinois Basin 70,000 net acres, shallow, light oil with excellent margins first horizontal wells in two new oil zones testing in progress Williston Basin North Dakota - 120,000 net acres on large shallow…
Strata-X Energy USA projects investment highlights 100% of Key Projects Three USA Company maker-type projects 100% of 200,000 net acres in the USA Increased emphasis on the Illinois Basin Low risk- high Early mover potential…
Strata-Xs 100% USA projects have substantial potential Area / Basin Project Unrisked PIIP Illinois Vail Oil Project 209 Million barrels of oil (1) Illinois Copper Mountain Grand Tower 128 Million barrels of oil (1) Illinois Copper…
Strata-X Energy a TSX.V / ASX dual listed company TSX.V Shares Outstanding: 51,030,301 ASX Listed CDIs: 94,814,339 Total Shares Outstanding: 146,288,969 Incentive Options: 6,270,000 Warrants (50cps) 19,092,754 Fully Diluted:…
Meet the Team: Key Management have proven track record Ron Prefontaine Tim Hoops Non-Executive Chairman Managing Director/President 35 years in petroleum industry Colorado School of Mines: Executive Director of ASX-listed Arrow BSc.…
Illinois Basin Oil Projects Illinois Basin, Illinois: Lower risk with high potential for shallow light oil 8
Why is Strata-X focusing on the Illinois Basin In USA heartland - refineries, markets, services, pipelines nearby Flat easy access, low population density Geological conditions right for significant conventional and unconventional…
Significant land position surrounded by giant oil fields 70,000 net acres, 85% NRI 1.5 billion barrels of oil produced within 32 km radius of Strata-X projects (1) Multiple targets at shallow depths both conventional and…
Vail Oil Project - 1,300 square kilometer Lingle oil accumulation Large unconventional oil accumulation in Lingle Fm Good well control (100+) Gas OCM Strong indications of light oil G & OCM Shallow depth G & OCM OCM Numerous…
New completion method - offers higher/earlier flows, better oil recoveries Oil Source Rock Upper Oil Zone Lower Oil Zone Double the horizontal length Twice the stimulation stages Less energy per stage (1) PIIP…
Illinois Oil Projects targeting unconventional and conventional light oil Third Party estimates of type well economics for Devonian Lingle and Grand Tower horizontal wells are as follows (1): (Estimated Values) Drilling and…
Strata-X 250+ horizontal net drilling locations Shallow Mississippian Copper Mountain Project 4+ shallow zones produce in project area Production of more than 61 million bbls from a field Mississippian Age immediately adjacent to…
Illinois Oil Projects targeting unconventional and conventional light oil 100% of 70,000 net acres Targeting 338 million barrels PIIP(1) 250+ potential horizontal locations Additional Mississippian aged targets may yield 100…
Sleeping Giant Gas Project Williston Basin, North Dakota 16
The Sleeping Giant Project - shallow, low cost gas potential 100% of 120,000 net acres Large structural high Niobrara 450 metre shallow gas with excellent analogs on trend Low cost production using simple proven technology…
Evidence for a large gas accumulation at Sleeping Giant Structure is key in biogenic gas play Located on regional structural high trend 20+ large leads and prospects mapped Gas flows 700 below structural highs Excellent…
Economic benefits of low cost gas US Gas Prices Rising (Henry Hub Spot Price from EIA.gov 01/01/2012 thru 06/09/14) NYMEX reached 6.00 12 month strip 4.56 Multiple Markets Low Finding and Development Cost Desirable…
Maverick Oil Project Eagle Ford Shale, Texas 20
Maverick Basin nearby activity and recent transactions Sundance Energy May 2014 Paid 33+ Million for 11,000 net acres (2,700/acre) Sanchez Energy: Catarina Area Strata-X Acreage June 2014 Paid 554 Million for 10,777 acres 106,000 net…
Strata-X Cinco Saus Creek 1 well had extensive oil shows Multistage Vertical Completion Plans The Maverick Oil Project is: Initial test well cored entire Eagle Ford 100% WI in majority of acreage and through Buda sequence 180 metre…
Strata-Xs low risk USA field operations to end 2014 Activity 2014 2015 Sep Oct Nov Dec Jan Feb Mar Vail Oil Project Burkett 5-34HOR Production Testing Contingent vertical well Contingent horizontal well Copper Mountain Oil…
Strata-Xs USA projects offer low risk - high upside potential USA projects have proven petroleum potential with substantial upside Existing infrastructure, easy access, low transport and operating costs Illinois Basin multiple…
Strata-X a TSX and ASX listed company THANK YOU FOR YOUR INTEREST Tim Hoops Tim.HoopsStrata-X.com www.Strata-X.com 25
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