SALE OF ACACIA FAIRWAY PERMITS For personal use only Significant crystallisation of value 12 AUGUST 2009 New Standard Energy Proven petroleum systems with large up- side potential Sam Willis Executive Director Dr Mark…
Page 3 Acacia Fairway Sale Crystalising Value For personal use only New Standard Energy Ltd (NSE) 7 million market capitalisation ASX-listed (ASX: NSE) emerging oil and gas company with appraisal and exploration interests (listed…
Page 4 New Standards Value Proposition For personal use only Strongly positioned to continue to drive value for shareholders, with active and aggressive growth strategy Expert and active Board and technical team will continue to…
Page 5 Acacia Fairway transaction overview For personal use only Canning Basin Interests of NSE and Buru Sale of NSEs interests in Acacia Fairway permits EP442, 30/07-08* and L08-3** to Buru for 6.3 million 3.2 million cash;…
Page 6 Significant underlying value in retained portfolio For personal use only Portfolio Value Breakdown Cents per share Diverse mixture of assets: Future farm in rights over Canning Basin ++ Large equity in direct permits…
Page 7 Acacia Fairway to be Exploited by Buru For personal use only Acacia Fairway Play Acacia Fairway play permits now consolidated in one well funded and focused entity Buru NSE technical team to be involved in progressing…
Page 8 Benefits of Sale of Acacia Fairway for NSE For personal use only Monetise a portion of NSEs significant southern Canning Basin acreage Remove commitments associated with sold permit interests Retain exposure to sold…
Page 9 New Standards Resulting Portfolio For personal use only AUSTRALIA UNITED STATES Onshore Canning Basin WA (NSE 65%-100%) Onshore Gulf Coast Texas (NSE 32.5%) Continued extensive frontier exploration Low-cost, low-risk…
Page 10 Resulting New Standard Permit Interests For personal use only New Standard Canning Basin, WA Onshore Gulf Coast, USA Indirect interests via 10% Direct Interests Direct interests strategic equity stake in Buru…
Page 11 An Active 12 months For personal use only New Standard listed on ASX Lawford-1 drilled in EP417 Lanagan-1 drilled in EP417 Lawford-1 well suspended Canning Basin wet season Aug 08 Sep 08 Oct 08 Nov 08 Dec 08 Jan…
Page 12 Future Focus Remains on Growth For personal use only Experienced Board Focus to remain on growing portfolio IAN PATON: Non-Executive Director, Interim Chairman Build on successful first 12 months of Petroleum geologist &…
Page 13 Near Term US Gulf Coast Onshore Drilling For personal use only Area of mutual interest (AMI) NSE 32.5% working interest in AMI (blue acreage) Contiguous 3D data acquired in 2005/7 by AKG (green acreage) Highly…
Page 14 Onshore US Exploration / Appraisal Targets For personal use only Details Miocene Frio & Vickersburg Yegua Wilcox Well Depth 1,500 (450m) 3,000 (920m) 5,000 7,000+ (2,130m+) (1,520m) Cost (drill & complete) US 250k 500k…
Page 15 New Standard Activity Schedule For personal use only Q3 2009 Q4 2009 Q1 2010 Q2 2010 Canning Basin, WA Canning Basin Wet Season Directly held by New Standard Potential EPs 443, 450, 451 & 456 Desk top studies…
By leveraging and maximising value from the Canning Basin and fast-tracking United For personal use only States assets to production, New Standard Energy is well positioned to drive value for shareholders New Standard Energy…