Corporate Presentation April 2014 Tim Hoops Managing Director tim.hoopsstrata-x.com www.strata-x.com
Strata-X Energy Investment Highlights 3
Strata-X Energy a TSX-V / ASX dual listed company Share Split Total shares: 139,785,415 Options: 5,570,000 Warrants (avg C0.50) 20,648,654 Cash: A3.8 million Market Cap: A51.7 million (Assumes A37 cps) Share Price Chart…
Key Management have proven track record Ron Prefontaine Tim Hoops Non-Executive Chairman Managing Director/President 35 years in petroleum industry Colorado School of Mines Bsc.Geol. Exec Director of ASX Arrow Energy Engineering…
Why is Strata-X in the Illinois Basin The Illinois Basin is a Proven and Mature Oil Province Production dates back to 1894 with over 4 billion barrels of oil produced to date (1) Over 140,000 wells have been drilled, with 32,000…
Why is Strata-X focusing on the Illinois Basin In USA heartland - refineries, markets, services, pipelines nearby; Flat easy access, low population density Geological conditions right for significant conventional and unconventional…
Strata-Xs significant Illinois Basin Acreage New 23,595(2) acre Copper Mountain Project, Strata-x now has 100% of 72,000 net acres, 1.5 billion barrels of oil produced within 20 mile (32 km) radius of Strata-X projects (1)…
SME Purchase 47% increase in Strata-Xs Illinois Acreage Purchased 100% of 23,595 net acres 100+ potential locations Includes a recently drilled producing well First horizontal well to test oil potential of the Lower Devonian with…
Southern Illinois has Multiple Active Petroleum Systems Shallow Mississippian Carbonates Historic average field size 2 square miles(1) Historic average field production 3.8 million bbls (1) Mississippian Age More than five shallow…
Vail Oil Project - A 1,300 square kilometer oil accumulation is mapped Large unconventional oil accumulation Intersected by 100 wells Gas OCM which had strong G & OCM indications of G & OCM hydrocarbons and recoveries of light…
Vail Oil Project Burkett 5-34HOR Summary Burkett 5-34HOR Well Successfully drilled and cored pilot well Successfully drilled and ran pipe through lateral Oil in core and drilling shows Halliburton contracted for Stimulation May See…
Completion Plan Proposed Completion Method Multistage Reservoir Stimulation Planning a nitrogen assisted stimulation utilizing Halliburton technology 7 Stages sliding sleeve system The diagram below shows what a successful…
S Illinois near term Activity Plan Return well to producing status Plan to be producing within 30 days Drill Second Vail well Acquire 2-D Seismic data Early May Acquire 100 line miles of existing seismic data Reprocess data to…
Illinois Oil Project targeting unconventional and conventional light oil Project Summary Strata-X has 100% of 72,795 net acres Shallow 700 to 1,520 metre vertical target depths, flat, easy access with good infrastructure 332,800…
Expanded Illinois Game Plan Moving Forward- Rationale Acquire Production and Lease positions backed by stable Proved- Developed Production Production purchase based on long standing stable production profiles Significant upside in…
Maverick Oil Project Eagle Ford Shale, Texas 19
The Maverick Oil Project Eagle Ford Shale Fairway The Maverick Oil Project is: 100% WI in majority of acreage and operator of 10,945 net acres First well proved light 35-40 degree API oil with associated condensate and wet gas in…
Eagle Ford Shale hydrocarbon windows- Maverick Project is located on the oil/condensate boundary Strata-X Maverick Project: 10,945 net acres Terrace Energy: 300 BOPD IP Sanchez Energy: 900 BOEPD IP Newfield Energy: 1,130…
Maverick Basin Activity Sanchez Energy: Cotulla Area 700+ locations identified/ 85 wells on production 175 BOPD/1800 mcfd Newfield Energy: 60 completed wells in Strata-X Acreage Maverick Basin SM Energy(Non-op): 10 rigs…
Maverick Basin Approach Initial wells will be multistage vertical completions Initial test well cored entire Eagle Ford through Buda sequence 180 metre vertical oil and gas interval Core data indicates hydrocarbons through much of…
Sleeping Giant Gas Project Williston Basin, North Dakota 24
The Sleeping Giant Project - shallow, low cost gas potential 100% of 145,000 acres under option Located on major regional structural high Niobrara 450 metre shallow gas with excellent analogs on trend Low cost production…
Evidence for Large Gas Accumulation Structure is Key in Biogenic Gas Play Project is located on regional structural high trend 20+ large leads and prospects mapped Gas flows 700 below structural highs Excellent Porosity…
Economics benefits of low cost gas US Gas Prices Rising (Henry Hub Spot Price from EIA.gov 01/01/2012 thru 02/19/14) NYMEX reached 6.00 12 month strip 4.83 Multiple Markets Low Finding and Development Cost Desirable…
Canning Basin Canning Basin, Western Australia 28
Strata-X on trend with Emerging Laurel shale fairway Strata-Xs Canning Basin area: Strata-X successful bidder for 100% of a 1.4 million acre permit located on the Laurel shale fairway Laurel shale fairway emerging as having…
Key appraisal wells planned active schedule 30 All activities are subject to government approvals, financing and equipment availability.
Strata-X has substantial near and medium term growth potential Management aligned with shareholders: Chairman and President own 18% of company Have a proven track record of shareholder growth 100% of Vail & Maverick unconventional…
Strata-X THANK YOU FOR YOUR INTEREST Tim Hoops Tim.HoopsStrata-X.com www.Strata-X.com 32
Supplemental Material 33
Reserve Disclosure and Presentation Definitions Reserve information included in this presentation for the Blessing 1 well (referenced on Slide 11 titled SME Purchase) are Petroleum 1P Reserves, per an independent reserve report dated 21…
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