NEW STANDARD ENERGY Proven petroleum systems with frontier potential ANNUAL GENERAL MEETING New Standard Energy NOVEMBER 2008 Proven petroleum systems with large up- side potential Sam Willis Executive Director Dr Mark…
Page 2 Disclaimer The information in this presentation is published to inform you about New Standard Energy Ltd (NSE) and its activities. Certain information in this presentation has been derived from third parties and though…
Page 3 New Standard Energy (NSE): A Brief Recap Aust oil & gas exploration company with a 90,000km2 contiguous land holding in the Canning Basin. Listed on ASX in August 2008 Buru Energy major shareholder and JV partner Current cash…
Page 4 NSE Acreage Portfolio
Page 5 Strategic Partner: Buru Energy Ltd ASX listed (ASX: BRU) with market cap 30m (60m net cash) Cornerstone investor in NSE 10% shareholding Farm- Farm-in Agreements between NSE and Buru: Major farm-in agreement for Buru…
Page 6 The Canning Basin Fundamentals Remain Worldwide: Canada Over 100 giant and super giant oil & gas Kazakhstan USA Algeria China fields with similar source and reservoir characteristics to the Canning Basin. Libya Oman…
Page 7 2008 A Busy Corporate Year September 2007 ARC Energy Ltd (now Buru Energy Ltd) JV agreement executed and cornerstone investment secured January 2008 Cygnet Capital mandate signed to assist NSE list on ASX May 2008 merger…
Page 8 2008 A Busy Operational Year January to June 2008 assembled technical team and procured drilling equipment and exploration expertise to operate in the field during 2008 June 2008 drilling contract executed with ADS…
Page 9 2008 A Tough Economic Year NSE Capital raising NSE Capital raising NSE ASX listing NSE ASX listing Australian Share Market last 12 months Oil Price (Brent Crude) last 12 months Capital markets have virtually…
Page 10 EP417: 2008 Drilling Program NSE 65% (Operator), Buru 35% Lanagan 1 well Basin margin play Definitive test of the Basal Laurel reservoir Sands Disappointing dry hole result Completed on time and budget Lawford 1…
Page 11 EP417: 2008 Operations
Page 12 Sub-Salt Portfolio NSE Permits: 442, 443, 450, 451, 456 NSE 90%, Buru 10% (Operator) Majority of NSE portfolio under Buru farm-in agreement with Buru as operator (blue area) Physical and logistical access issues with…
Page 13 NSE Going Forward Work commitments are not pressing and largely being delayed by operator following which they will initially be sole funded by Buru through obligations under the major farm-in agreement NSE cash reserves…
Page 14 Questions or Comments The continued support from all NSE shareholders is greatly appreciated and any questions or comments are always welcome....... Contact Details: New Standard Energy Ltd Ground Floor, 30…
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