NEW STANDARD ENERGY The New Energy Frontier Investor Presentation October 2011 Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 1 Corporate Overview Emerging Oil & Gas explorer and producer New Standard Energy ASX:NSE Ordinary shares 200.0m Core focus on Western Australian onshore Unlisted options 15.5m unconventional shale projects Market…
Page 2 Diversified Portfolio with Emerging WA Shale Focus New Standard Energy ASX:NSE Australia United States 8.3% Shareholding Unconventional Conventional 25% WI* 100% WI 50%-60% WI 32.5% - 38.5% WI 36% WI 32.5% WI…
Page 3 Board and Shareholders Experienced Board Shareholders Shareholder Holding % Arthur Dixon, AM - Chairman Buru Energy Ltd 18,057,930 9.03 Engineer, 40 years with Shell with 20+ in LNG Deck Chair Holdings PL 11,800,000…
Page 4 New Standards Strategic Positioning Dominant acreage portfolio focused on onshore Western Australia Owner of one of the largest shale gas exploration acreages in Australia* Portfolio of 3 attractive projects diversified…
Page 5 New Standard: Near Term Activity 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 Goldwyer Project Pre-Drill Planning and execution COP Farm-in - Phase 1 Exploration Work Laurel Project Deepen Lawford 1 Additional…
Goldwyer Project Potential Tier 1 Liquids Rich Shale Gas Project ConocoPhillips Farm-in Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 7 Goldwyer Project: Overview Located in Canning Basin, WA 45,000km2 of acreage; more than 11 million gross acres Dominant, well located acreage position in Canning Basin Potential economics enhanced by strong generative…
Page 8 Goldwyer Formation: Multiple Potential Targets Blanket marine shale of Ordovician age underlying permits Four distinct shale units with total thickness of between 200m and 700m Multiple horizons of interest with…
Page 9 Goldwyer Project: Independent Assessments Highlight Scale Independent assessments of Goldwyer shale in Canning Basin provide strong support for New Standards focus: US Department of Energy World Shale Gas Resources Canning…
Page 10 Goldwyer Project: Well Located According to US EIA Report New Standards Canning Basin permits (light blue line) are highly correlated to the north Kidson sub basin prospective area (red shading) identified in US…
Page 11 Goldwyer Project: ConocoPhillips Transaction Highlights ConocoPhillips (COP) to spend up to US109.5m to earn and retain rights to a 75% working interest in New Standards Goldwyer Project Plus A1million payment to be made for…
Page 12 Benefits of ConocoPhillips Partnership Funding Global Shale Expertise Proprietary technology and knowledge Improved relationships with service providers Technical services agreement 7th largest Global Oil & Gas Company (by…
Page 14 Goldwyer Project: Phase 1 Evaluation Pre-Drill Work To Be Undertaken Desired Outcomes of Phase 1 Work Staffing and resource planning Explore range of target zones across acreage and vertical zones of interest Location…
Page 15 Goldwyer Project: Potential Phase 1 Drill Locations Three prospective areas selected Nicolay, Gibb Maitland and Blatchford All targeting the potential liquids rich maturity windows within the Goldwyer formation…
Other Projects Laurel Shale/Tight Gas Merlinleigh Shale/Tight Gas US Conventional Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 17 Laurel Project Overview Located in Canning Basin, WA south-east of Fitzroy Crossing Large footprint in Fitzroy Trough Attractive and underexplored EP417: 3,150km2 of acreage equivalent to 778,000 gross acres (50%…
Page 18 Laurel Project: Drilling Activity Drilling operations commenced in September to deepen Lawford 1 from 1,323m to 2,780m Primarily targeting tight gas sands and shales within a conventional structure Multiple targets…
Page 19 Merlinleigh Project: Overview 100% equity in 5,500km2 (1.36 million gross acres) in onshore Carnarvon Basin Ideal location for domestic gas market Immediately adjacent to Dampier to Bunbury pipeline infrastructure…
Page 20 Merlinleigh Project Evaluation Prospective for both unconventional and conventional gas Multiple conventional gas targets with potential for up to 500 Bcf GIIP Substantial regional resource potential within shale…
Page 21 US Conventional Project Overview The Colorado County and Wharton County projects are located in the onshore Texas Gulf Coast region Heintschel field wells and Joann 1 well production stabilised Production data from…
Page 22 US Conventional Project Forward Plan Value generation/extraction alternatives Appraisal / development Farm out Asset sale program NSE working interest NSE working interest Value of exploration remains 32.5% reduced…
Page 23 The New Energy Frontier New Standard Energys strategic position: Focused on seizing the shale gas advantage in Australia Leading shale acreage position in the Canning and Carnarvon Basins Functional, scalable…
NEW STANDARD ENERGY The New Energy Frontier For Further Information Contact: Sam Willis Managing Director ph: +618 9481 7477 web: www.newstandard.com.au Sam Willis Executive Director Dr Mark Hagan Technical Director March…
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