SUN RESOURCES CORPORATE SNAPSHOT Capital Structure: Post-Cap. Raising (SPP & Placement) Share Price / Volume History ASX code SUR Ordinary shares on issue 4,623m 1 Performance options 140m Listed options (A0.025) 259m 2 Unlisted…
STRATEGICALLY REPOSITIONED FOR SUCCESS Recently finalised commercial agreements position Sun for growth and cash flow generation Resolution of Amerril Energy LLC matters delivers to Sun a 100% working interest (WI) in Normangee Oil…
SUNS WOODBINE OIL PROJECT AREAS Across Leon and Madison Counties, East Texas Leasehold & Activity Map Sun has control of 14,173 net acres across its 5 3 Woodbine Oil Project areas Project Leasehold Table (as 30 June 2015) 4…
NEAR-TERM ACTIONS ACROSS PORTFOLIO Seeking new investor/partner for capital investment at the asset level to fund current planned operations and future development drilling Sun is seeking new capital to frack and complete Jack Howe 1H…
EAST TEXAS IS NOW AN AREA OF E&P FOCUS Turquoise Dots Represent Recent Buda Completions Source: ZaZa Energy Corp. 7
EAST TEXAS STACK-FRACK TARGETS (including Buda-Rose Section) Source: Zaza Energy Corporation (2015) 8
BUDA-GEORGETOWN NEW BENCH DOUBLES RESERVES Multiple oil targets Minimum 2 Benches Sub Clarksville Sandstone Producing in area Eagle Ford Shale Lower Woodbine oil confirmed Buda First local oil completions confirmed Samuel 1H…
DELTA OIL PROJECT LARGE BUDA-ROSE STRUCTURE Approximate Area of Buda Prospect Large Buda structure mapped with 300 feet of closure Oil & gas column tested in old vertical well with 300 feet of log pay Warrants initial vertical…
USA UNCONVENTIONAL SELF-HELP: HBP Programmes Held-By-Production (HBP) allows Operators to maintain mineral leases in good standing without full development until oil prices recover. Deferring frack & flow-back for 12 months in low oil…
USA UNCONVENTIONAL SELF-HELP: Stack-Fracks Vertical wells with multiple, vertically stacked, oil zones. Fracked in stages, just like long horizontal wells. AFE to…
USA UNCONVENTIONAL SELF-HELP: Re-Fracking Re-fracking has the potential to enhance flow rates and estimated ultimate recovery (EUR) by re-entering existing, fracked, unconventional lateral and vertical wells. Sun is investigating this…
USA UNCONVENTIONAL SELF-HELP: Stress Shadow Frack The concept of Stress Shadow Fracking (and zipper fracks) involves fracking two parallel wells and allowing the fracture networks to interfere with one another to access a larger…