NEW STANDARD ENERGY The New Energy Frontier Corporate Update Presentation November 2012 Sam Willis Executive Director Dr Mark Hagan Technical Director March 2008
Page 2 Corporate Snapshot New Standard Energy ASX:NSE Strategic Focus Ordinary shares 305.3m Emerging Oil & Gas explorer and developer Unlisted options 12.95m Core focus on Western Australian onshore Market capitalisation 98m…
Page 3 Board and Management Experienced Board Experienced Management Arthur Dixon, AM - Chairman Ken Aitken GM Operations and Engineering Engineer, 40 years with Shell with 20+ in LNG 27 years experience in onshore and offshore…
Page 4 Diversified Portfolio with Unconventional Gas Focus New Standard Energy ASX: NSE Direct Projects Equity Holdings Australian Unconventional USA Conventional 13.7% Equity 32.5% - 38% WI 25% WI* 100% WI 50%-60% WI…
Page 5 Well Positioned for WA Energy Market Large acreage position leveraged to growing domestic gas demand (8+/GJ) and imminent infrastructure solutions Substantial acreage position in multiple locations West Australian focus…
Page 6 Successful Execution and Forward Drivers New Standard has met a significant number of strategic milestones over the past 12 months Additional Goldwyer drilling and data acquisition will progress the play over next 6 months…
Page 7 Onshore Australia: A Rapidly Emerging Sector International majors continue to increase their presence in the Australian unconventional sector 22 February 2011: 15 Nov 2012: Hess - 55m 20 June 2012: Land grab has been big…
Page 8 Onshore Canning Basin: Crowded Space Canning Basin has huge acreage positions owned by few companies Major companies have taken big positions in the Canning Basin via farm-in agreements or acquisition Exploration funding…
Page 9 Goldwyer Project: Overview Large contiguous acreage position with the potential to host a substantial hydrocarbon resource 45,000km2 (11m gross acres) located in Canning Basin, WA Huge scale on global basis World class…
Page 10 Goldwyer Project: The Proposition ConocoPhillips (119m farm-in) is committed to initial 3 well exploration program to test hydrocarbon generation, containment and accessibility in the Goldwyer shale Targeting Goldwyer…
Page 11 Phase 1 What Is It All About Phase 1 wells have been designed to acquire a substantial geological dataset to facilitate a comprehensive analysis of the Goldwyer Project Data acquisition and analysis is crucial to…
Page 12 Phase 1 Data Analysis Phase 1 Aim: Confirm Goldwyer prospectivity and secure COP commitment to Phase 2 program in 2013 Scientific analysis of core and log data confirming the following key parameters Rock and reservoir…
Page 13 Phase 1 Well 1: Nicolay 1 Successful first well Goldwyer encountered with hydrocarbons, encouraging results support potential First well in an early stage, data acquisition program of three wells designed to better…
Page 14 Phase 1 Well 1: Nicolay 1 Above: On site desorption testing at Nicolay 1 Above: Core handling at Nicolay 1 Forward Program for Nicolay 1 Rig released from site Left: Ordovician Core Analysis currently underway…
Page 15 Phase 1 Forward Program Three initial wells designed to acquire and formulate a greater understanding of the play Data acquisition program to continue via drilling, coring and logging Gibb Maitland 1 located in the…
Page 16 The Second Well: Gibb Maitland 1 Gibb Maitland 1 is located in the central Kidson sub-Basin targeting the organic rich Goldwyer Gibb Maitland targeting organic rich shales in good setting Central basin position…
Page 17 Merlinleigh Project Overview Unique project - large equity position, strategically well positioned with early commercialisation potential 100% equity in 5,500km2 (1.36 million gross acres) in onshore Carnarvon Basin…
Page 18 Merlinleigh Project: Significant Potential The Merlinleigh Project presents an attractive opportunity with scale and access to gas infrastructure Significant unconventional and conventional resource potential…
Page 19 Merlinleigh Project: KR 1 Well Analysis KR 1 well analysis provides encouraging evidence of working petroleum system KR 1 well analysis demonstrates encouraging evidence of working petroleum system Proven hydrocarbon…
Page 20 Laurel Project The Laurel will continue to emerge as an exciting regional play on the back of Buru/Mitsubishi exploration Located in Canning Basin, WA south- east of Fitzroy Crossing Large footprint in Fitzroy Trough…
Page 21 US Conventional Project New Standards Colorado County Project has established production with potential development upside The Colorado County project is located in the onshore Texas Gulf Coast region 3x Heintschel field…
Page 22 Assessing New Opportunities Opportunity identification and assessment remains a key growth platform for New Standard Early stage, onshore projects with low entry costs Known or reputable Tight gas operators and oil…
Page 23 Project Execution Risk Management Execution risk Risk mitigation and management Native title approvals New Standard acknowledges and respects the rights of Traditional Owners of the land on which it operates Employment of…
Page 24 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: +61 8 9481 7477 web: www.newstandard.com.au Sam Willis Executive Director Dr Mark Hagan Technical Director…
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