NEW STANDARD ENERGY The New Energy Frontier Euroz Oil & Gas Conference 12 September 2012 Presented By: Sam Willis Managing Director Dr Mark Hagan Technical Director Sam Willis Executive Director Dr Mark Hagan Technical…
Page 2 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 3 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 4 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 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…
New Standard Portfolio The Goldwyer Project: Why are we true believers 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 Project: Why is it so attractive
Page 11 Basic Canning Basin Geology The Canning Basin can be broadly divided into two major petroleum systems that are geologically discrete Kidson Sub-basin Goldwyer Sequence Sub-salt petroleum system…
Page 12 Goldwyer: Technical Knowledge Prior to Farm-out
Page 13 Goldwyer Formation - Known Technical Attributes Basin geometrics excellent low dips, minimal faults Continuous, thick sequence of mappable stratigraphic units throughout area Thick (80m) multiple reservoir horizons…
Page 14 Goldwyer Project: Cross Sections Across Kidson Basin Gradual dip from oil window to dry gas window Wide, continuous maturity bands Thick sedimentary packages Minimal faulting Appropriate depths
Page 15 Goldwyer Project: Pre Salt Depositional Model
Page 16 Goldwyer Formation: Stratigraphy
Page 17 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 18 Goldwyer Formation: Depth to Base Depth to base of Goldwyer ranges from 2,000m to 4,000m Gradual dip slope from shallow in the north to deeper in the south Various maturity windows Potential for Goldwyer to be…
Page 19 Goldwyer Shale: Total Thickness [m] (simplified)
Page 23 Goldwyer Project: Nicolay 1 Maturation Profile Relative amount of hydrocarbon formed Primary target zone where gas/condensate ratios potentially attractive for mobility & richness (ie: Eagleford sweetspot)
Page 24 Goldwyer Unit 1: Present Day Maturity (Ro) Three prospective locations selected Nicolay 1, Gibb Maitland 1 and Blatchford 1 All targeting the potential liquids rich maturity windows within the Goldwyer formation…
Page 25 Goldwyer Project: Phase 1 Drilling Program The three Phase 1 vertical well locations and the target zones for the Goldwyer formation
Page 26 Goldwyer Project: Nicolay 1 Nicolay 1 Well Data acquisition Spudded 20, August 2012 Expected TD of 3,450m with 55 days to drill, core, log and suspend Tight rock, no natural flows are anticipated Short Term…
Page 27 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 28 Goldwyer Project: Summary The Goldwyer Project presents an exciting, highly leveraged opportunity Huge acreage position providing leverage and enormous scale Regional marine source rock of Ordovician hosting liquids…
NEW STANDARD ENERGY The New Energy Frontier For Further Information Contact: Sam Willis Managing Director ph: +61 8 9481 7477 web: www.newstandard.com.au Sam Willis Executive Director Dr Mark Hagan Technical Director…