NEW STANDARD ENERGY The New Energy Frontier AGM Presentation 13 November 2012 Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 3 Corporate Overview & Strategic Focus Emerging Oil & Gas explorer and producer Strategic Focus Core focus on Western Australian onshore Finding and developing new and/or frontier oil unconventional shale projects and gas…
Page 4 Capital Structure Capital Structure New Standard Energy ASX:NSE Top 10 Shareholders Holding % Ordinary shares 305.3m J P Morgan Nominees Aust Ltd 23,324,411 7.64 Unlisted options 12.95m Buru Energy Ltd 18,057,930 5.91…
Page 5 Board and Management Experienced Board Experienced Management Arthur Dixon, AM - Chairman Ken Aitken General Manager of Operations and Engineering Engineer, 40 years with Shell with 20+ in LNG More than 27 years…
Page 6 Diversified Portfolio with Unconventional Gas Focus New Standard Energy ASX: NSE Direct Projects Equity Holdings Australian Unconventional USA Conventional 13.7% Equity 32.5% - 38% WI 25% WI* 100% WI 50%-60% WI…
Page 7 Stakeholder Engagement SAFELY AND RESPONSIBLY EXPLORING FOR HYDROCARBON RESOURCES Key Stakeholder Communication Transparent and open communication Early engagement and interaction Listening to and addressing…
Page 8 Significant Progress Over 12 Months 2011 vs 2012 AGM snapshot 2011 2012 Outcome 119M farm out to global, expert partner Drill rig secured in tight market, 3x drill sites Derisked ability to conduct in-ground exploration…
Page 9 Well Positioned for WA Energy Market Large Acreage Position in Strong, Growing Market Substantial acreage position in multiple locations West Australian focus dominant land position with total acreage of 14 million gross…
Page 11 Goldwyer Project: Overview 45,000km2 (11m gross acres) located in Canning Basin, WA Huge scale on global basis World class resource could hosted in < 5% of acreage Dominant, well located acreage position in Kidson…
Page 12 Goldwyer Project: Why is it so attractive Liquid World class prone JV partner source rock Multiple Excellent reservoir geological potential setting Scale Technical horizontal attributes and vertical
Page 13 Goldwyer Project: The Proposition ConocoPhillips committed to initial 3 well exploration program Targeting Goldwyer formation in different geological settings within the Kidson sub-Basin Aiming to test maturity…
Page 14 Phase 1 Data Acquisition and Analysis What Information Are We Looking For In Each Well Key Parameter Detailed Data Being Sought Source rock quality TOC, kerogen type, maturity, condensate/gas ratios, rock evaluation…
Page 15 Phase 1 Well 1: Nicolay 1 First well in an early stage, data acquisition program of three wells designed to better understand the Goldwyer formation Encouraging first well, majority of targets met, supports Goldwyer…
Page 16 Phase 1 Well 1: Nicolay 1 Above: On site desorption testing at Nicolay 1 Above: Core handling at Nicolay 1 Forward Program for Nicolay 1 Rig released from site Left: Ordovician Core Analysis currently underway…
Page 17 Phase 1 Forward Program Data acquisition program to continue via drilling, coring and logging Gibb Maitland 1 located in the central Kidson sub-Basin Blatchford 1 located in the eastern flank of the Kidson sub-Basin All…
Page 18 The Second Well: Gibb Maitland 1 Gibb Maitland targeting organic rich shales in good setting Central basin position provides better chance of richer organic matter Down dip from shallower historic wells with oil shows…
Page 20 Merlinleigh Project Overview 100% equity in 5,500km2 (1.36 million gross acres) in onshore Carnarvon Basin Ideal location for domestic gas market Immediately adjacent to Dampier to Bunbury pipeline infrastructure…
Page 21 Merlinleigh Project: Significant Potential Significant unconventional and conventional resource potential Unconventional: 33 TCF potential GIP in mature shales across 1,100km 2 zone Conventional: up to 1.2 TCF GIP…
Page 22 Merlinleigh Project: KR 1 Well Analysis KR 1 well analysis demonstrates encouraging evidence of working petroleum system Proven hydrocarbon generating basin and presence of good quality source rocks Good gas shows in…
Page 24 Laurel Project Located in Canning Basin, WA south- east of Fitzroy Crossing Large footprint in Fitzroy Trough Attractive and underexplored EP417: 3,150km2 equivalent to 778,000 gross acres (50% NSE) Seven Lakes SPA:…
Page 25 US Conventional Project The Colorado County project is located in the onshore Texas Gulf Coast region 3x Heintschel field wells and Joann 1 well production established 2011 independent reserves report provides support…
Page 28 Assessing New Opportunities Early stage, onshore projects with low entry costs Known or Evaluation criteria for new reputable Tight gas operators projects that provide entry and oil with level opportunities for New…
Page 29 Project Execution Risk Management Execution risk Risk mitigation and management Native title approvals New Standard acknowledges and respects the rights of Traditional Owners of the land on which it operates Employment of…
Page 30 The New Energy Frontier New Standard Energys strategic position: Focused on seizing the shale gas advantage in Australia Leading shale acreage position in the Canning and Carnarvon Basins Functional, scalable…
NEW STANDARD ENERGY The New Energy Frontier For Further Information Contact: Sam Willis Managing Director ph: +61 8 9481 7477 web: www.newstandard.com.au Sam Willis Executive Director Dr Mark Hagan Technical Director…
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