NEW STANDARD ENERGY UPDATE PRESENTATION US Conventional Production Australian Shale Exploration New Standard Energy NOVEMBER 2010 Proven petroleum systems with large up- side potential Sam Willis Executive Director Dr Mark…
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 of…
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 Page 4 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…
Page 5 US Conventional: Moving to Production Colorado County Project Moving from exploration into production across the AMI following 75% exploration success rate New Standard now has non-operated working interests of between…
Page 6 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 7 US Conventional: Heintschel Discovery Heintschel Production Heintschel 1 frac successful De-risks Heintschel field Heintschel 2 D.Truchard 1 Healthy initial flow rates 2.4 mmcf gas/day 100 bbls condensate/day Good…
Page 8 US Conventional: Heintschel Economics Potential Cashflow Generator Economics of flow tested rates are attractive* at Heintschel 1 2.4mmcf gas/day US70k net to NSE per month 100 bbls condensate/day US60k net to NSE per…
Page 9 US Conventional: Colorado County Drilling Tested Flow NSE Well Name Reservoir NSE Share of Flows Status/Comments Rates Interest Completed and tied into sales Brasher 1 Yegua 400 mcf 32.5% 130mcf February 2010 2.4mmcf…
Page 10 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 with emerging channels to…
Page 11 Australian Unconventional: Goldwyer Shale 48,000km2 of acreage; more than 11.9 million net acres 100% owned by New Standard Shale prospectivity confirmed by independent experts (NSAI and RISC) Significant scale and upside…
Page 12 Australian Unconventional: Laurel Shale 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 EP417 including Lawford region…
Page 13 Strategic 10% Equity Stake in Buru Energy New Standards 10% shareholding in Buru Energy valued 10mm New Standard and Buru collectively hold majority of the Canning Basin acreage Mitsubishi has farmed-in to BRUs Canning…
Page 14 Australian Unconventional: Merlinleigh Project 100% equity in 8,500km2 (2million net acres) in onshore Carnarvon Basin Prospective for both unconventional and conventional gas Shale formation present across acreage at…
Page 15 Upcoming Work Program H2 CY2010 CY2011 Colorado County Drill Heintschel step-out well Heintschel development drilling program Drill Heintschel off-set well United States Joann 1 tie into sales Wilcox wildcat drilling…
By leveraging and maximising value from Australian shale exploration and commencing United States appraisal drilling to maximise production, New Standard Energy is well positioned to drive value for shareholders New Standard Energy…