NEW STANDARD ENERGY The New Energy Frontier Good Oil Conference September 2012 Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 1 Corporate Overview Capital Structure Overview New Standard Energy ASX:NSE Emerging Oil & Gas explorer listed on ASX (NSE) Ordinary shares 305m Core focus on Western Australian onshore shale Unlisted options 12.2m and tight…
Page 2 Experienced Board and Management Experienced Board Establishing a Solid Operating Capacity Arthur Dixon, AM - Chairman Senior management and experienced execution teams Engineer, 40 years with Shell with 20+ in LNG…
Page 3 Diversified Portfolio with Emerging Unconventional Focus New Standard Energy ASX: NSE Direct Projects Equity Holdings Australian Unconventional USA Conventional 4% Equity 13.7% Equity 32.5% - 38% WI 25% WI* 100%…
Page 4 New Standards Strategic Focus Dominant acreage portfolio focused on onshore Western Australia Owner of one of the largest shale and tight gas exploration acreages in Australia* Portfolio of 3 attractive projects diversified…
Page 5 WA Energy Market Attractive Exploration Environment WA Onshore Gas Demand-Supply Equation Favourable Onshore Outlook Sustained upward pressure on WA TJ/day gas prices 1600 Limited existing supply side 1400…
Page 6 Well Positioned for WA Energy Market Large Acreage Position in Strong, Growing Market Substantial acreage position, ahead of the curve West Australian focus dominant land position with total acreage of 14 million gross…
Page 8 New Standard Portfolio Australian Projects Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 9 Goldwyer Project: Overview 45,000km2 (11m gross acres) located in Canning Basin, WA Huge scale on global basis Dominant, well located acreage position in Kidson sub-basin Goldwyer is a marine shale providing…
Page 10 Goldwyer Formation: Multiple Potential Targets Blanket marine shale of Ordovician age underlying permits Liquids prospectivity Four distinct shale units with total thickness of between 200m and 700m Multiple horizons…
Page 11 Goldwyer Project: Independent Assessments Highlight Scale Independent assessments of Goldwyer shale in Canning Basin provide strong support for New Standards focus: US Department of Energy World Shale Gas Resources…
Page 12 Goldwyer Project: Well Located According to US EIA Report New Standards Canning Basin permits (light blue line) are highly correlated to the north Kidson sub basin prospective area (red shading) identified in US…
Page 13 Goldwyer Project: ConocoPhillips Partnership and MBC Rig ConocoPhillips An Excellent Partner Funding and global shale expertise Technical services agreement provides access to proprietary technology, expertise and…
Page 16 Goldwyer Project: Phase 1 Data Acquisition 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…
Page 17 Goldwyer Project: Phase 1 Drill Locations Three prospective locations selected Nicolay 1, Gibb Maitland 1and Blatchford 1 All targeting the potential liquids rich maturity windows within the Goldwyer formation…
Page 18 Goldwyer Project: Phase 1 Drilling Program The three Phase 1 vertical well locations and the target zones for the Goldwyer formation
Page 19 Goldwyer Project: Nicolay 1 Nicolay 1 Well Data acquisition Spudded 20, August 2012 Currently at 1,000m Expected TD of 3,450m with 55 days to drill, core, log and suspend Tight rock, no natural flows are…
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: Evaluation Significant unconventional and conventional resource potential Unconventional: 33 TCF potential GIP in mature shales across 1,100km2 zone Conventional: up to 1.2 TCF GIP across 4 key…
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 23 Laurel Project: Overview Located in Canning Basin, WA south-east of Fitzroy Crossing Large footprint in Fitzroy Trough EP417: 3,150km2 equivalent to 778,000 gross acres (50% NSE) Seven Lakes SPA: 2,750km2 equivalent…
Page 24 The New Energy Frontier New Standard Energys strategic position: Primary focus - 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: +618 9481 7477 web: www.newstandard.com.au Sam Willis Executive Director Dr Mark Hagan Technical Director March…