Corporate Snapshot Common shares outstanding Basic 114,042,539 Fully diluted 136,601,524 Monthly revenue (Q3) 50,000 Working Capital (as of Nov. 1/14) 1 million Debt Zero Current Production 175 McfGE/d 3
Tunisia 4
Bouhajla Permit, Onshore Pelagian Basin DualEx is Operator with 52.5% WI. Permit area expanded in April 2012 to 536 km2 (135,000 acres). Initial Period has been extended until April 29, 2015. 5
Bouhajla Permit Completed 55 km2 of 3D Bouhajla Permit enlarged seismic in Q1, 2012. to include the Ktitir block BHN-1 exploration well drilled / completed in Bouhajla North Target 2013/2014 to test Abiod BHN-1 fractured chalky…
BHN-1 Cased-hole Log Composite El Haria 2502m Near and far count data Additional zones of Abiod discrete fracturing suggests migration of hydrocarbons back toward wellbore in the 2 months between logging runs Elevated…
BHN-1 Perf Intervals - Detail 0 150 2.5 App Rho grain 3.0 0 TDT Sw 100 20 TDT 0 Porosity Raw Gamma 2646 2649 Possible fault repeats Zones of enhanced 2657 porosity with elevated 2660 hydrocarbon Phi Phi*Sw 2014…
BHN-1 Recompletion Outcome In spite of encouragement by way of petrophysical and mudlog readings at the time of drilling, the recompletion undertaken at BHN-1 in October, 2014 failed to yield hydrocarbons to surface. The…
Bouhajla Permit Going Forward Notwithstanding the remaining potential at Bouhajla North, DualEx will now direct its near-term attention to the Ktitir (KT) structure south of BHN-1 where Eocene-aged reservoir rocks of the El Geuria…
El Gueria Regional Facies Distribution NW-SE trending depositional fairway with El Gueria Reservoir Fairway deeper-water facies developed to the northeast. Local dolomitization and fracturing. Ashtart Field Key well at…
Ktitir KT block 3D layout Ktitir (KT) salt piercement KT-1 El Gueria basinal facies. Well TDd in Tri. evaporites. is readily mapable and Tested oil In Cenomanian carbonates. is responsible for faulting KT-2 El Gueria either 100…
RAD-1 KT-2 Structural Section Ktittir Structure El Gueria Geometry KT-2 Porous and permeable nummulitic limestone and -1441.8m dolomite downdip at RAD-1 -1456.8m pinches out against the salt-cored high on which El Haria Shale…
Hungary 14
Peneszlek Field, NE Hungary Pannonian Basin - a proven hydrocarbon province with infrastructure in place and readily accessible markets. Producing zones are basal Tertiary tuffaceous sediments and upper Miocene/Pliocene clastics…
DXE Contact Information Garry Hides, President & CEO Ken Tompson, Executive VP & COO Lorne Morozoff, VP Finance & CFO Website: www.dualexen.com Phone 403-265-8011 Head Office: Suite 1010, 1015 4th Street SW Calgary, AB T2R…
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