Westbridge Energy Corp. US Production with African Optionality, May 2014 TSX.V: WEB FRANKFURT: PUQ1
An Emerging E&P Company A diverse portfolio of production, development and exploration stage oil and gas assets... Proven Proven Non- Advanced Unconventional Early Stage Producing Producing Stage Play Opener: Exploration: Field:…
Numerous Investment Catalysts 1) Attractive Combination of Assets 2) Attractive Terms Diverse portfolio of assets. Reduced risk with US assets with low entry cost into known oil & considerable upside gas regions. Farm-in for multiple…
Established 1P and 2P Reserves Combined Westbridge and Black Pearl have over 1m BOE of 1P reserves and almost 3.2m BOE of 2P reserves Reserves for Bivens and Wharton Properties Light and Medium Oil Condensate Natural Gas BOE Basis…
Access to World Class 2D Seismic Westbridge and Black Pearl have rights to utilize a massive amount of data 100,000 linear miles of 2D data licensed from ExxonMobil Identified 500+ drill targets. Black Pearl has 70% commercial…
Proven Producing: Bivens Field, Louisiana TSX.V: WEB FRANKFURT: PUQ1 5
Producing Asset Bivens Field was discovered by BPH in 2010 and is located to the south of Neale Field; an analog field with significant historic production and reserves Location of Bivens Field and Regional Activity Highlights…
Olympia Minerals 1 Well TD 13,500 Reworked section Lower Wilcox Marker 9 Pay Sands 3 Possible Pay Sands TSX.V: WEB FRANKFURT: PUQ1 7
Highly Productive Deep Sands Proposed Loc. Tenneco 1 Fee Vetra 1 OM NW SE 12,700 SD 13,500, 13,850 and 14,100 13,050 SD sands are three 13,100 SD regional producers in 13,200 SD the SW Louisiana 13,400 SD Wilcox trend…
Cross Section Reference Map CorrelationTURTLE Cross DOVE CAY PROSPECT Section Beauregard Reference Map Parish, Louisiana Bivens Field Area Middle NEALE FIELD Wilcox sands Neale64+ Field BCF produced 64+20+BCF MMBO…
Stratigraphic Cross Section NEALE FIELD Produced 13+ MMBO From 6 Lower Wilcox Sands Oil Productive * Gas/ Condensate Productive * Gas/ Condensate Shows BIVENS FIELD Over 75 Of Calculated Pay BIVENS NORTH FIELD From…
Proven Non-Producing: Wharton County Field, Texas TSX.V: WEB FRANKFURT: PUQ1 12
Near Term Production Wharton Field was discovered by BPH in 2010. The field is non-producing with proven oil production potential and significant upside with additional wells Location of the Wharton County Field Project Highlights…
Highly Productive Oil Reservoir Seismic Images Highlights Seismic indicates structural gain of 40 50 to 1 OH and SALT 30 40 to the 1 ST Estimated top of -9558 (MD) was projected into the proposed 3 well and falls along the same…
Proposed Gary Heirs 3 Well -9501 -9511 Proposed Gary Heirs 3 location would be 520 to the northeast of the Gary Heirs 1 OH, along Exxon Line 15750, and within the amplitude event Map indicates location an estimated 50 -…
Proven Pay with Significant Upside Gary Heirs 1 ST Highlights Possible Stringer Sand Pay Proposed 3 well to gain 40+ of structure to the 1 Top Frio Pay Interval well 25 Pay Sufficient enough to load entire sand section…
Advanced Stage Exploration: Lavaca County, Texas TSX.V: WEB FRANKFURT: PUQ1 17
Misinterpreted Play Trend Lavaca County Project is a conventional oil & liquid-rich gas play at the eastern extension of the Eagle Ford trend in Lavaca County, Texas Lavaca 3D, Eagle Ford Extension Play Highlights Misinterpreted…
Known Geology Trap Types and Reservoirs in Lower Wilcox Valley-Fill and Submarine Canyon Highlights 2 predominate trap types in the Lower Wilcox: 1.Sands truncated against the edge of shale filled submarine canyon or…
Highly Prospective Area with Analogs Coherency Slice from 3D Seismic Over Lavaca AMI Highlights Base of Middle Wilcox Erosional Sequence Identified areas for traps located beneath or abutting shale features are evident on 3D…
Analog Fields Proving Play Trend Correlation Cross-Section Valentine Field Lavaca County, Texas Highlights Cross-sections show proven production from Valentine and Menking Fields within Lavaca AMI: Two proven produced fields…
Dubina South Field SPEEDWELL O & G CITIES SERVICE CITIES SERVICE CITIES SERVICE EXXON White 1 White 1-S Heinsohn 1-A White 1-R South Dubina 1 Unit 2 W E -8400 -8400 Middle Wilcox -8600 Shale Filled -8600 Erosional Channel…
Numerous Identified Drill Targets The 3D seismic survey has been used to identify over 50 drill targets based on analog fields (Valentine, Menking and Kinkler Fields) TSX.V: WEB FRANKFURT: PUQ1 23
Unconventional Play Opener: Frigate Island, Texas TSX.V: WEB FRANKFURT: PUQ1 24
Unconventional Play Opener Project is an unconventional play utilizing horizontal drilling and fracing. This is a low cost play in a well-known geologic setting with an excellent nearby productive analog Illustration of the Depositional…
Unique Geologic Setting Sands deposited on stable platform created by deep seated shale ridge Longshore currents reworked sands over shale ridge Reworked section contains 1 inch to 2 foot thick lenticular sands interbedded in…
Regional 2D Seismic Line Interpretation Lower Yegua Objective Shale Ridge Wilcox loading on downthrown side of an expansion fault, created shale uplift or ridge to the east Provides a stable platform on which the Lower Yegua…
Stratigraphic Cross Section Marginal Well Key Well Key Well (Mud Log) Analog Field Well Middle (Nod Mex) Yegua Middle (Nod Mex) Yegua Lower (AU) Yegua Lower (AU) Yegua Lower (AU) Yegua Analog Field Pay Lower (AU) Yegua…
Highly Productive Interval Proposed Middle (Nod Mex) Yegua Horizontal Path Proposed horizontal well path and probable Proposed frac areas affected by the propagation of frac Vertical well depth interval is bound by of 5,500 feet…
Early Stage Exploration: Offshore, Namibia, Africa TSX.V: WEB FRANKFURT: PUQ1 30
A Hydrocarbon Exploration Frontier Highly underexplored region o Only 17 wells drilled…
Brazil / Namibia: Bridge to Discovery Albian Cenomanian 110 Ma 95 Ma Cenomanian- Albian Maastrichtian 90 Ma 75 Ma Technical analysis shows that the Santos and Walvis Basins share similar oil types, geologic histories and…
Recent and Upcoming Regional Activity 2011A org / 1911 org: Repsol / Tower 1811A: drilling a well in 1Q Chariot drilled 1st well 2014. in 2012. 10 BBO Potential drilling 2nd well in 2014 Tullow farm-in for 2012B implied…
Extensive Data Coverage Over 10,000 line km of new and historic 2D seismic lines 1811B: covering the licenses 20 new lines shot (red) Highest amount in Walvis Basin 11 historic lines (black) Over 35% is newly acquired world…
Corporate Information TSX.V: WEB FRANKFURT: PUQ1 35
Defined Capital and Development Plan WEB Share of Shares1 + Costs (m) 5.7 1.3 1.3 2014 Q2 Q3 Q4 Well Work Over Launch work- over of Bivens Field wells Production Launch drilling Drilling Launch drilling of Bivens Field of…
Highly Experienced Board of Directors Name and Position Background Mark Frewin Over 25 years of legal and financial experience with an expertise in resources Chairman Previously Partner of McCarthy Ttrault, based in their London…
Focused Management Team Name and Position Background Tosan Omatsola Over 17 years of oil & gas experience in exploration, development and finance CEO Extensive international technical background. Previously with Ivanhoe Energy,…
Experienced US Technical Partners Name and Position Background Michael Graham Over 40 years experience as a geophysicist working for both contractors and oil Vice President of companies Geophysics, Black Pearl Previously with Mobil…
T H A N K Y O U Corporate Office: Suite 530-625 Howe Street Vancouver, British Columbia Canada V6C 2T6 www.westbridgeweb.com Tel: +1-604-638-9378 Fax: +1-604-638-9379 TSX.V: WEB FRANKFURT: PUQ1
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