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GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited

Red Fork Energy Limited · Oct 16, 2012 · 19 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 1
    Global Resource Conference October 16 18, 2012
  2. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 2
    Forward-looking Statements This presentation contains forward-looking statements that are subject to risk factors associated with the oil and gas business. It is believed that the expectations reflected in these statements are…
  3. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 3
    Corporate Overview Oklahoma based independent oil and gas exploration and production company Primary listing on Australian Securities Exchange (RFE.AX) Listed in the United States on the OTCQX (RDFEY.OTCQX) (1 ADR = 10 FPOs)…
  4. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 4
    Corporate Structure Mid-continent focussed (oil, liquids rich gas and shale gas) Australian Bakken Securities Exchange and Red Fork Energy Limited OTCQX listed Niobrara Mississippian Oklahoma Corporation - wholly owned Red…
  5. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 5
    Reserve Certification as at June 30,2012 Summary of gross reserves attributable to Red Forks Mississippian holdings Bbl Bcf Boe1. NPV(10)2. Net Wells 1P 1,676,000 2.4 2,071,000 24.8 6 2P 3,791,000 5.6 4,734,000 45.5 10 3P…
  6. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 6
    Investment Summary Proven oil play, statistical development not exploration Transitioning to fast-track development High Working and Net Revenue interests Operate and control ramp-up Significant and expanding experienced Oklahoma…
  7. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 7
    30 Day IP 53 Boe/d PV-10 (b) 647 M IRR (b) 62% Mississippian Play Overview 2012 Drilling Program WI 91%, NRI 70% Total Locations 7,350 A premier oil resource play Mississippian contending with the best of the Oil EUR 204 Mbbl…
  8. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 8
    Keys to the Mississippian Use vertical and horizontal petrophysical (log) data/analysis and seismic to determine structure, lithology and formation characteristics (fractures, faults, porosity, thickness etc.) for targeted…
  9. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 9
    Mississippian EONR Range has 152,000 Net Acres on or in Close Proximity to the Nemah West East NEMAHA RIDG Location is Im Our location on Uplift offers enh Chat development, as favorable struct Pennsylvania Formations…
  10. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 10
    In the right Neighborhood Strategically positioned in the oil prone EONR area 75,000 (net) high-grade acres Focus area for DVN, RRC and others Gas processing and oil refining adjacent to acreage Available refining and…
  11. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 11
    Development Areas Acreage leased for drilling locations Focused in counties where 90% of the historical vertical producers were classified as oil wells Targeted specific (640 acre) sections offsetting areas of good historical…
  12. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 12
    Mississippian Operations 10 development areas planned across five key counties east of the Nemaha Ridge (EONR) in the Mississippian play Significant infrastructure (commercial produced water gathering and disposal systems and gas…
  13. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 13
    Development Area 2 39 Sections Average WI 68% (NRI Development Area 2 55.25%) Tasman 1-15H J & H 1-14H HBPs 17,000 acres Produced Water State 1-13H Supports 39 wells 8 State 1-16H Injection wells drilled (assumes 640 Gas…
  14. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 14
    Results to Date Peak Rate 30-day Dev. Well Name RFE WI1 Status (Boe/day)2 (Boe) Area Tahara 1-28H 100.0% Producing 283 139 1 McMurtry 1-21H 62.2% Producing 712 445 2 Blair 1-24H 92.7% Producing 400 2734 2 Tasman 1-15H 92.0%…
  15. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 15
    Size of the Prize Potential for greater than IniEal Type Well Metrics 900 (1,500) gross locations in full field development Oil EUR 195Mbbl (100% oil) Contiguous blocks with Gas EUR 302MMcf (high BTU gas) operations control to…
  16. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 16
    Mississippian Additional Play Potential Stratigraphic Section Multiple productive lithology's Permian Multiple prolific High porosity chert Chat High poro Siliceous limestone (medium porosity) Virgilian Missourian Fractured…
  17. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 17
    Indicative Development Schedule 50 Actual Indicative drilling schedule 5 45 40 4 35 Operating Rigs 30 3 Wells 25 20 2 15 10 1 5 0 0 2011 1st 1/2 2012 2nd 1/2 2012 2013 2014 2015 2016 Development Wells 0 0 0…
  18. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 18
    Forward Activity H2 CY 2012 CY 2013 Sep Qtr Dec Qtr Mar Qtr Jun Qtr Sep Qtr Dec Qtr Mississippian Project Production Maiden Reserves Mississippian Drilling Area 1 (9 wells) Area 2 (10 wells) Area 3 (2 wells) Area 4 (9 wells)…
  19. GLOBAL RESOURCE CONFERENCE – Red Fork Energy Limited – slide 19
    Summary Red Fork Energy continues to build on its significant position in one of the premier on- shore United States horizontal oil plays - additional high-grade acreage has been added and leasing initiatives continue - initial…

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