Slide 3 Operational overview UK-focused conventional petroleum exploration and gas storage company. Majority interest in the salt cavern Islandmagee gas storage project in Northern Ireland: Drilling of first well (Islandmagee-1), to…
Slide 4 Summary of interim results Cash at bank 31 January 2015: 624,227 - net working capital 154,624. Corporate fundraising completed in February 2015 to raise 2.1 million before costs. Also completed a data sale to raise 400,000…
Slide 7 UK & Ireland gas storage infrastructure UK & Ireland total gas storage capacity c. 5,700 mcm, of which c. 70% is within the offshore Rough facility, constructed 40 years ago and became operational as a gas storage facility…
Slide 8 Recent technical issues at Rough highlight security concerns Technical issues have been reported at the Rough gas storage facility which may lead to a reduction in capacity of c. 1,100 mcm this coming winter1. 1,100 mcm…
Slide 9 Need for more gas storage widely recognised Is the UKs limited gas storage capacity a problem MP Charles Hendry: UK urgently needs more gas storage facilities 25 Mar 2013 The former energy minister says the UK's gas supplies…
Slide 10 Islandmagee competitive advantages Gas storage is required in Ireland to counter the intermittent nature of renewable generation (40% electricity generation from renewable sources by 2020). Only gas storage project being…
Slide 11 Exploration licences, Northern Ireland 1,300 km2 in central Larne-Lough Neagh Basin. Limited petroleum exploration: Basalt at surface historically affected imaging of the deep Newmill-1, only geology. exploration well…
Slide 12 PL1/10 Licence - Woodburn Forest-1 well Successful seismic imaging below basalt (400 kms of new seismic acquired in 2011 and 2012). Led to the identification of numerous previously unidentified prospects. 4m well to 2,000…
Slide 13 Wessex Basin ongoing reprocessing of 3D seismic data Very good acreage position adjacent to producing oilfields undeveloped discoveries within P1918 licence area. 2015 programme is focusing on permitting for new 2D seismic…
Slide 14 North Sea - 28th Round promote exploration licences P2222 (InfraStrata 50% interest, operator) Undeveloped Oulton oil accumulation estimated to contain 16 MMBO1 (8 MMBO net InfraStrata). Womack area could add an additional…
Slide 15 Summary Commencing drilling of gas storage well planned for May 2015. next stage of programme to realise inherent value of Islandmagee gas storage project. UK-focused conventional explorer first well planned for Q4…
Slide 16 Appendix 28 April 2015
Slide 17 InfraStratas executive team Andrew Hindle, Chief Executive Officer Stewart McGarrity, Finance Director Experienced geologist with 30 years worldwide oil and Chartered Accountant with 28 years of UK and gas experience.…
Slide 19 Net Resources Potential Summary Basin Licences Operator Working First well Total prospective & unclarified Interest (%)4 in licences contingent resources in licences (net InfraStrata) - MMBO Larne-Lough Neagh PL1/10 &…
Slide 20 Major shareholders (3%) Ticker: INFA (AIM) Ordinary Shares in issue: 151,991,599 %* JP Morgan Asset Management Holdings Inc. 11.95 Legal & General Investment Management Limited 9.93 Dr Andrew Hindle 5.46 Mr Mark Abbott…
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