DRILLING PROGRAM COLORADO COUNTY, USA CANNING BASIN, WA Fast Tracking Towards Production SAM WILLIS Managing Director MARK HAGAN Technical Director DECEMBER 2009 New Standard Energy Proven petroleum systems with large…
Page 3 New Standard Who Are We New Standard Energy is an aggressive oil and gas developer. It has an active, ASX Code: NSE well funded, disciplined exploration and drilling program underpinned and Capital Structure: complemented by…
Page 4 New Standards Portfolio New Standard Energy UNITED STATES AUSTRALIA Onshore Gulf Coast Texas (NSE 32.5%) Onshore Canning Basin WA (NSE 65%- 65%-100%) Low-cost, low-risk exploration development project Extensive frontier…
Page 5 Inherent Value; Poised for Activity NSE Share Price History Portfolio Value Breakdown Cents per share Current cash 4.5 (6 million+) cps Current market cap: 15.4m At least 9 18 million tradable Buru Energy shares 2.7…
Page 6 Colorado County Project Project Area showing area of mutual interest (AMI) in blue Why Colorado County Sizeable 32.5% working interest in AMI (blue area) was available New 3D seismic data was being acquired over AMI…
Page 7 Drilling Targets Excellent Leverage NSEs initial drilling program is due to commence in December 2009 targeting meaningful structures based on new 3D seismic data within a highly prolific production region....... Month Well…
Page 8 The Wilcox Bang For Your Buck The potential Wilcox prospectivity was a major driver in NSEs original decision to acquire the Colorado County Project . Wilcox targets are a compelling target to pursue in Colorado County due to…
Page 9 Edwards/Sligo - A Bigger Bang appears The very large Edwards/Sligo reef play is proven on either side of Colorado County and a large prospect of 600 Bcf+ is now evident within NSEs project area based on the new 3D seismic data…
Page 10 Canning Basin A Valuable Footprint The Canning Basin remains one of the Canning Basin Interests of NSE and Buru least explored Paleozoic basins. It also has a proven petroleum system in place. Following the recent Acacia…
Page 11 Extracting value from the Canning NSE shareholders will be exposed to an increasing level of activity in the Canning Basin during 2010. At this stage it is envisaged it will involve the following on ground activity: NSE…
Page 12 Future Focus Remains on Growth Experienced Board Focus to remain on growing the portfolio IAN PATON: Non-Executive Director, Interim Chairman Build on successful first 12 months of Petroleum geologist & geophysicist…
By fast- fast-tracking United States assets towards production and leveraging and maximising value from the Canning Basin, New Standard Energy is well positioned to drive value for shareholders New Standard Energy Proven petroleum…
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