NEW STANDARD ENERGY UPDATE PRESENTATION US Conventional Production Australian Unconventional Exploration New Standard Energy January 2011 Proven petroleum systems with large up- side potential Sam Willis Executive Director Dr…
Page 2 Important Notice This presentation should not be relied upon as a representation of any matter that a potential investor should consider in evaluating New Standard Energy Ltd (NSE). NSE and its respective affiliates or any…
Page 3 Corporate Overview Emerging Small Cap Experienced Board ASX-Code NSE Ian Paton Chairman Ordinary shares 190.2m Petroleum geologist & geophysicist Unlisted options 23.7m Ex Coogee Resources, Conoco, Santos & BHP Market…
Page 4 Focused Asset Portfolio New Standard Energy ASX:NSE Australia United States 10% Shareholding Unconventional Conventional 100% WI 100% WI 65% WI 32.5% - 38.5% WI 36% WI 32.5% WI BURU Energy Goldwyer Merlinleigh…
Page 5 US Conventional: Colorado County AMI Value Drivers Large discovery at Heintschel Initial cashflow Ongoing development wells Large potential resources Additional exploration upside Sizeable equity stake 30% WI…
Page 6 US Conventional: Substantial Production Increase Imminent Colorado County Project Six wells drilled for five discovery successes Two wells tied into production Brasher 1 (32.5%; Small initial well, tied into sales,…
Page 7 US Conventional: Heintschel Field Appraisal Heintschel: An Attractive Field 3 successful wells in field substantial 3km step out well and 370m offset well confidence level in seismic mapping significantly increased…
Page 8 Heintschel Field Appraisal What Have We Learnt So Far Heintschel 1: Initial discovery well in field Gas/water contacts evident from logs and analysis Analysis shows little or no free water in main reservoir sands Well…
Page 9 US Conventional: 2011 Work Program 1. Operational Focus: Increase Production Activity concentrated on successful Heintschel field D. Truchard 1 and Heintschel 2 to be fracced and flow tested Production testing will be…
Page 10 US Conventional: 2011 Work Program 3: Book and Increase Resources and Reserves Significant potential gas/condensate reservoir in the Heintschel field AKG delineated large contingent recoverable resources (table below)…
Page 11 Australian Unconventional Portfolio Large Acreage Position in Strong, Growing Market West Australian focus dominant land position with total acreage of 14.8m gross acres High domestic gas prices (7+/GJ) with emerging…
Page 12 Australian Unconventional: A Diversified Portfolio Goldwyer Project Merlinleigh Project Laurel Project Location Canning Basin, WA Carnarvon Basin, WA Canning Basin, WA Size 11.9 million acres 2 million acres 0.75k…
Page 13 Australian Unconventional: Goldwyer Project Goldwyer Project Summary 48,000km2 of acreage; more than 11.9 million net acres 100% owned and operated by New Standard Shale prospectivity confirmed by independent experts…
Page 14 Australian Unconventional: Merlinleigh Project Merlinleigh Project Summary 100% operated equity in 8,500km2 (2million net acres) in onshore Carnarvon Basin Prospective for both unconventional and conventional gas,…
Page 15 Australian Unconventional: Laurel Project Laurel Project Summary EP417: 3,150km2 of acreage equivalent to 778,000 gross acres 65% owned and operated by New Standard BRU 35% JV partner Numerous prospects across…
Page 16 2011: Proposed Work Programs with a Partnering Focus Goldwyer Work Program Merlinleigh Work Program Laurel Work Program Develop and target wet gas Interpretation of the recent Complete Lawford 1 in Q3, 2011 condensate…
Page 17 Upcoming Work Program CY2011 Colorado County Frac /flow test Heintschel development drilling program D.Truchard 1 & Heintschel 2 United States wells Wilcox wildcat drilling program Joann 1 tie into sales Drill…
By leveraging and maximising value from Australian exploration and United States appraisal drilling to maximise production and reserves, New Standard Energy is well positioned to drive value for shareholders New Standard Energy…