Team Directors & Management Technical Team Mr Michael Sandy AKG Energy (Kugler family) of Austin Texas Chairman Geologist Operator, shareholders and board members Dr Andrew Kugler Jr Mr Khib Kugler Non-Executive Director -…
BUR Project Locations (operator=AKG) Activities Map Texas D A H AKG Licensed Data A= Austin 2D Seismic H= Houston 1000s line mi. D= Dallas 3D Seismic 1000 sq. mi. 3 Presentation GOC Sept 2014 3
Main Project Area Truchard 3 Truchard 2H BURs main Project area (CC3D) 5 wells on production Between Houston and Austin Bisected by Interstate Highway I10 Presentation GOC Sept 2014 4
Presentation GOC Sept 2014 5
Presentation GOC Sept 2014 6
Presentation GOC Sept 2014 7
Project Pipeline/Timeline 1 Heintschel sweet spot well Truchard 3, BUR 50%, July 2014, Coming onto production in September 2014 2. 1K3D project 2nd H 2014 3. Project T 2nd H 2014 30 prospects identified by seismic Applying modern…
Project 2 1K3D Targets Using 2D and 3D seismic to identify a wide range of prospects of varying size and depth and well cost Initial focus - drill ready low cost liquids rich prospects = near term activity and cash flow 30+ targets,…
Project 3 - T reservoir package Drill horizontally and mul0-stage frac the whole 400 thick sediment package Hybrid (conven0onal & unconven0onal reservoirs) Interbedded sandstones, siltstones, black oil shales, coals and thin…
Project 4 Heintschel Horizontal field development Objective: Two studies by independent engineering experts 1. Develop Optimal well design 2. Farm-out or sell compared to T2H: longer horizontal sections Closer frac spacing,…