NEW STANDARD ENERGY 2010 Exploration Strategy: Active, targeted and funded FEBRUARY 2010 New Standard Energy Proven petroleum systems with large up- side potential Sam Willis Executive Director Dr Mark Hagan Technical…
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…
Page 3 Future Focus on Growth A mandate to drill Experienced board Aggressively explore and drill current acreage Ian Paton Chairman and assess new opportunities to build the companys exploration pipeline. Petroleum geologist &…
Page 4 Company Overview NSE is an aggressive hydrocarbon developer with a mandate to explore for oil and gas NSEs exploration program is active, well funded and extensive An extensive drilling campaign has been planned for 2010…
Page 5 Profiting from NSEs exploration program NSE has an active and extensive 2010 drilling program 6 wells in the US, underpinned by new 3D seismic 1 well in the Canning Basin, Australia Drilling success from US exploration…
Page 6 2010 Calendar of Activity Quarter 1 Quarter 2 Quarter 3 Quarter 4 Shale gas Commence shale gas Develop shale gas work program prospectivity study work program Desktop analysis of technical data Assess drill results…
Page 7 Australian Exploration Overview Canning Basin Interests of NSE and Buru The Canning Basin offers significant upside potential in a proven but under-explored frontier petroleum system. NSE holds operatorship and 100%…
Page 8 Australian Exploration Strategy Conventional Oil Shale Gas Buru Equity Corporate & Gas Finalise drilling Aggregate and 10% tradeable Seek and contract to finish consolidate large equity stake assess new suspended acreage…
Page 9 US Exploration Strategy Develop US projects which meet the following exploration criteria: Onshore projects with low entry costs and solid upside potential Primary focus is on Wilcox reservoirs in proven production areas…
Page 10 Colorado County Wilcox Focus Extensive 6 well drilling program planned for Colorado County Project in 2010, beginning February Continued evaluation of new 3D seismic to evaluate additional drilling prospects 70+ prospects…
Page 11 US drilling program Wilcox Focus NSEs initial drilling program is due to commence in February 2010, targeting meaningful structures based on new 3D seismic data within a highly prolific production region. Total Typical…
Page 12 Why the US Big bangs for small bucks Benefit Detail Impact Low cost: US 1.5m total dry hole cost to drill More wells drilled for same expenditure substantial (8-100 BCF gas) targets. enhances ability to generate…
By leveraging and maximising value from Australian exploration and fast-tracking United States assets to production, New Standard Energy is well positioned to drive value for shareholders New Standard Energy Proven petroleum systems…
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