Annual General Meeting presentation Phil Thick, Managing Director 14 November 2013
Contents Corporate overview Strategy Assessing new opportunities Value proposition WA project overview Last 12 months operations overview The year ahead The Carnarvon Basin The Canning Basin Key steps to developing shale…
Corporate overview Emerging oil & gas explorer listed on ASX (ASX:NSE) Three Western Australian onshore shale and tight gas projects Ground floor equity positions (early mover) Attractive energy markets and pricing New Standard…
Strategy Our focus moving forward Company strategy reviewed and refreshed by Board in 2013: Maintain focus on operations in Western Australia Progress early stage exploration projects along value creation pathway Rationalise if…
Assessing new opportunities Strategic investment and growth opportunities Experienced operators Continually seeking ways to utilise our assets and skills to add value, change our risk profile and Tight/shale Nearer term look to…
Value proposition Early position in rapidly emerging sector Dominant acreage Portfolio of three attractive projects diversified exposure, large equity portfolio focused on positions give leverage to maximise shareholder returns Quality…
WA project overview Three key onshore shale and tight gas projects Merlinleigh Southern Canning Laurel Location Carnarvon Basin Canning Basin Canning Basin 5,500km (1.36 million 48,000km (11million 5,900km (1.46 million Acreage Size…
Last 12 months operations overview Activities Benefit for New Standard Secured new DSA with Enerdrill for a Local and experienced operator to 2 4 well campaign in a competitive conduct drilling operations rig environment Rig passed…
Last 12 months operations overview Activities Benefit for New Standard Increased acreage position in the Increased project flexibility and farm out Laurel Project opportunities Green Rock buyback increases Potential for one well to…
The year ahead Complete Merlinleigh drilling, assess results and develop future work program On track to drill 1 2 wells in the Canning Basin in 2014 Activity to commence after wet season Q2 2014 Likelihood first two wells to…
Carnarvon Basin Merlinleigh Project Condon-1 well Condon-1 to drill December 2013 First modern well in the area since Kennedy Range-1 was drilled in 1967 KR-1 well had gas columns in tight sands Potential for significant gas…
Carnarvon Basin Merlinleigh Project Condon-1: why we like it Condon-1 well has been designed in order to evaluate three distinct possibilities in the one well: 1. conventional gas play 2. a tight sand gas reservoir with a larger…
The Canning Basin Systematic exploration of a huge underexplored province Huge acreage position requires systematic exploration 12 million acres in Canning Basin Data acquisition essential to map geology and gain an understanding…
The Canning Basin 14
Key steps to developing shale assets Outline Potential Evaluate Testing / Discovery Development Production Southern Canning project 45,000 km (inc. Wet gas zone identified Potential drilling planned Laurel) secured Initial areas of…
Questions 16
For more information contact: Phil Thick, Managing Director +61 8 9481 7477 infonewstandard.com.au
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